The Global Asia pacific industrial iot Market Report 2023, provided by Astute Analytica, offers an extensive analysis of the market’s technical and financial data for both the present and foreseeable future. This report serves as a valuable addition to the market research archive, providing a thorough investigation and analysis of crucial aspects of the global asia pacific industrial iot market.
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Asia Pacific Industrial IoT Market was valued at US$ 24,974.1 million in 2022 and is projected to attain a valuation of US$ 49,591.2 million by 2031 at a CAGR of 8% during the forecast period 2023–2031.It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the global asia pacific industrial iot market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- ABB Ability
- Aveva Wonderware
- Axzon
- Cisco IoT
- Fanuc Field System
- GE Digital
- HCL Technologies Limited
- Hitachi Vantara Corporation
- IBM
- Intel Corporation
- KUKA AG
- Linx Asia Pacific Manufacturing
- Rockwell Automation, Inc
- ORANGE
- Plataine
- PTC Inc.
- Robert Bosch GmbH
- Other Prominent Players
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global asia pacific industrial iot market includes
By Component
- Hardware
- Sensors
- Camera
- Distributed Control Systems
- Industrial Robotics
- Solutions
- Equipment utilization monitoring
- Predictive maintenance
- Production quality control
- Inventory management
- Connected logistics
- Real-time industrial asset tracking and management
- Services
- Professional Services
- Managed Services
By Connectivity
- Wired Technology
- Wireless Technology
- Field Technologies
By Industry Vertical
- Healthcare
- Education Institutes
- BFSI
- Consumer Goods
- Manufacturing
- Construction
- Real Estate
- Automotive
- Transportation and Logistics
- Retail
- Smart cities
- IT & Telecommunication
- Agriculture
By Region
- China
- India
- Japan
- South Korea
- Australia & New Zealand
- ASEAN
- Malaysia
- Cambodia
- Philippines
- Singapore
- Thailand
- Vietnam
- Indonesia
- Rest of ASEAN
- Rest of Asia Pacific
Overall, Astute Analytica’s report on the global asia pacific industrial iot market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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