Emerging Trends Automotive Industrial Internet of Things (IIoT) Market 2027 – Accenture, Capgemini, CISCO, Cognizant, HCL Technologies, Hortonworks, IBM, PTC and SAP SE
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Industrial Internet of Things (IIoT) technology leveraged automotive manufacturers by staying connected to integrate different technologies like machine learning, big data, sensor data, machine-to-machine communication, and automation. Automotive Industrial Internet of Things helps to gain competitive advantage and open new revenue streams for the automotive market.
The key market drivers of Automotive Industrial Internet of Things market are a substantial operational cost benefit to OEMs, and suppliers, increased labor productivity and process efficiency, and mass customization. On the other hand, automotive suppliers are rambling behind in adopting smart factories due to lack of leadership commitments, lack of understanding of potential use cases, and limited budget allocation is hindering the Automotive Industrial Internet of Things market. However, auto manufacturers’ inclination towards the smart factories, digitalizing different manufacturing process is creating opportunities for the Automotive Industrial Internet of Things market.
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Some of The Major Players In Global Market:
5. HCL Technologies Ltd
9. SAP SE
The global Automotive Industrial Internet of Things market is segmented on the basis of Component and application. Based on component, the market is segmented as hardware & software and services. On the basis of the application the market is segmented into design & production, assembly, quality inspection, and logistics & inventory management.
Automotive Industrial Internet of Things (IIoT) Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Automotive Industrial Internet of Things (IIoT) Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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