Egypt IoT in Manufacturing market
is expected to grow at a steady CAGR in the forecast period, 2022-2026. The
growing adoption of industry 4.0 to obtain enhanced production capacity,
increase the overall efficiency of the system and deliver insights to make
real-time decisions is expected to spur the market growth. Manufacturers are
integrating advanced technologies including artificial intelligence, cloud
computing, and analytics, machine learning along with the internet of things to
improve the throughput of their operations. The use of embedded software,
technologically advanced sensors and robotics collect the information and data
to make smart decisions in the manufacturing units. The surge in the need for
the centralized monitoring and predictive maintenance of assets and the
increasing demand for industrial automation is expected to influence the growth
of the IoT in manufacturing market in the next five years. The introduction of
novel sensors which are cost-effective and intelligent connected devices and
sensors is expected to fuel the growth of the IoT in the manufacturing market
in the forecast period. The growing need for high-speed network connectivity
and increase in the adoption of cloud computing platforms to enhance the
productivity of manufacturing units is expected to foster the growth of the
market.
Egypt IoT in Manufacturing Market
is segmented into component, application, end-use industry, regional
distribution, and company. Based on the application, the market can be divided
into predictive maintenance, business process optimization, asset tracking
& management, logistics & supply chain management, real-time workforce
tracking & management, automation control & management, emergency &
incident management, and business communication. The real-time workforce
tracking & management segment is expected to account for major market share
in the forecast period, 2022-2026. The growing adoption of internet of things
technology in the manufacturing industry to improve productivity, reduce non-productive
work, and provide insights to make real-time decisions. Real-time workforce
tracking & management aids to streamline the process by deploying
efficiently the workforce and improve the service delivery which enhances the
manufacturing process at the units.
The major players operating in the
Egypt IoT in Manufacturing market are Cisco, Valeo
Spime
Sense Lab, Telecom Egypt, IBM, Accenture, SAP, Nokia, Ericsson, Honeywell, Fujitsu,
Microsoft, Etisalat, Oracle, Huawei, and others. Major companies are
developing advanced technologies and launching new services to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the
Study:
- To analyze the historical growth of the market
size of Egypt IoT in Manufacturing market from 2016 to 2019.
- To estimate and forecast the market size of Egypt
IoT in Manufacturing market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast Egypt IoT in
Manufacturing market based on component, application, end-use industry, regional
distribution, and company.
- To identify dominant region or segment in the Egypt
IoT in Manufacturing.
- To identify drivers and challenges for Egypt IoT
in Manufacturing.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Egypt
IoT in Manufacturing.
- To identify and analyze the profile of leading
players operating in Egypt IoT in Manufacturing.
- To identify key sustainable strategies adopted
by market players in Egypt IoT in Manufacturing market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Egypt IoT in Manufacturing market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- IoT in Manufacturing service
provider companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
·
Organizations, forums, and alliances related to IoT
in Manufacturing.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Egypt IoT in
Manufacturing market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
·
Egypt IoT in Manufacturing Market,
By Component:
- Solutions
- Network Management
- Data Management
- Device Management
- Application Management
- Smart Surveillance
- Services
- Managed Services
- Professional Services
- IoT Infrastructure Services
- System Designing & Integration
Services
- Support & Maintenance Services
- Education & Training Services
- Platforms
- Device Management Platform
- Application Management Platform
- Connectivity Management Platform
- Egypt IoT in Manufacturing Market, By Application:
- Predictive Maintenance
- Business Process Optimization
- Asset Tracking & Management
- Logistics & Supply Chain Management
- Real-Time Workforce Tracking &
Management
- Automation Control & Management
- Emergency & Incident Management
- Business Communication
- Egypt IoT in Manufacturing Market, By End-Use
Industry:
- Energy & Utilities
- Automotive
- Food & Beverages
- Aerospace & Defense
- Chemicals & Materials
- Consumer Electronics
- Healthcare
- Others
- Egypt IoT in Manufacturing Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Egypt IoT in Manufacturing market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Egypt IoT in Manufacturing market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]