AUSTIN, TX--(Marketwired - June 09, 2016) - The Internet of Things market for the manufacturing sector is still in its early development. In an IoT environment, device sensors on the equipment on the factory floor can generate a vast amount of valuable data for manufacturers, and when this information is converged with corporate systems, significant benefits from data analytics can be gained. Although manufacturers are increasingly becoming aware of the benefits of using IoT in factories, there is still relatively low adoption of IoT in this sector.
iGR, a market research consultancy focused on the wireless and mobile industry, has released a new market study that discusses the use of IoT for the manufacturing industry and provides a five-year forecast of the number of wireless IoT sensors used in the U.S. manufacturing industry.
"Several key drivers, such as decreased costs and increased throughput and yields, may prompt more manufacturers to deploy IoT solutions," said Iain Gillott, president and founder of iGR. "Therefore, over the next five years, iGR expects a growing number of wireless IoT sensors to be used by the manufacturing industry."
iGR's new market study, IoT in Manufacturing Forecast, 2015 - 2020: Connecting the Shop Floor to the Top Floor provides a five-year forecast of the number of wireless IoT sensors used in the U.S. manufacturing industry. In addition to the forecasts, the market study defines the Internet of Things, the networks that support IoT, the benefits and issues surrounding its deployment, the use of IoT in the manufacturing market, and the specific manufacturing IoT solutions being provided by vendors.
The following key questions are addressed in the new research study:
- What is the Internet of Things?
- What types of networks are used to support the Internet of Things?
- What are some of the perceived benefits and issues related to IoT?
- What are the key drivers for using IoT in manufacturing and what are the concerns of those in this industry?
- What specific IoT solutions are being used to support the manufacturing industry and which vendors are providing them?
- How many wireless IoT sensors will be used in U.S. manufacturing over the next five years?
The information in this market study will be valuable for:
- Mobile operators
- Infrastructure OEMs
- IoT product and solution vendors
- Financial analysts and investors.
The new report can be purchased and downloaded directly from iGR's website at www.iGR-inc.com.
About iGR
iGR is a market strategy consultancy focused on the wireless and mobile communications industry. Founded by Iain Gillott, one of the wireless industry's leading analysts, in late 2000 as iGillottResearch, iGR is now in its sixteenth year of operation. iGR continuously researches emerging and existent technologies, technology industries, and consumer markets. We use our detailed research to offer a range of services to help companies improve their position in the marketplace, clearly define their future direction, and ultimately improve their bottom line.
iGR researches a range of wireless and mobile products and technologies, including: smartphones; tablets; mobile wearable devices; connected cars; mobile applications; bandwidth demand and use; small cell and het-net architectures; mobile EPC and RAN virtualization; DAS; LTE; VoLTE; IMS; NFC; GSM/GPRS/UMTS/HSPA; CDMA 1x/EV-DO; iDEN; SIP; macro-, pico- and femtocells; mobile backhaul; WiFi and WiFi offload; and SIM and UICC.
A more complete profile of the company can be found at www.igr-inc.com.
Contact Information:
Contact iGR:
Iain Gillott