• February 18, 2020

Saudi Arabian IoT in Manufacturing Market is Expected to Grow at a Robust CAGR of 27% Until 2025 - ResearchAndMarkets.com - Odessa American: Business

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Saudi Arabian IoT in Manufacturing Market is Expected to Grow at a Robust CAGR of 27% Until 2025 - ResearchAndMarkets.com

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Posted: Monday, February 10, 2020 7:49 am | Updated: 8:16 am, Mon Feb 10, 2020.

DUBLIN--(BUSINESS WIRE)--Feb 10, 2020--

The "Saudi Arabia IoT in Manufacturing Market, By Component, By Application Area (Predictive Maintenance, Business Process Optimization, etc.), By Vertical, By Company, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Saudi Arabian IoT in Manufacturing Market is expected to grow at a robust CAGR of 27% until 2025, owing to the rising volume of data generated through big data analysis and business intelligence leading to collecting data that can optimise overall production systems and processes.

Moreover, digital transformations in manufacturing due to new technologies such as IoT, Artificial Intelligence and emergence of intelligent factories with machine-to-machine communications will drive the growth of the market. Based on components of the IoT in Manufacturing market, the services segment is expected to lead the market due to the application of managed services in deploying IoT based on consumer preferences. Based on the vertical, the energy and utilities segment is anticipated to hold the largest market share owing to applications like process optimization, plant automation, etc.

Major players operating in the Saudi Arabian IoT in Manufacturing Market include Saudi Business Machines Ltd. (SBM), Zain KSA, Etihad Etisalat Co. (Mobily), Saudi Telecom Company (STC), MachinesTalk, Cisco Saudi Arabia, Siemens KSA and others. Major companies are launching new services and solutions in order to stay competitive in the market.

Years considered for this report:

  • Historical Years: 2015 - 2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021-2025

Objective of the Study:

  • To analyze and forecast the market size of the Saudi Arabian IoT in Manufacturing Market, in terms of value.
  • To classify and forecast the Saudi Arabian IoT in Manufacturing Market based on component, application area, vertical market and regional distribution.
  • To identify drivers and challenges for the Saudi Arabian IoT in Manufacturing Market.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., in the Saudi Arabian IoT in Manufacturing Market.
  • To identify and analyze the profile of leading players involved in the solutions and services of the Saudi Arabian IoT in Manufacturing Market.

Both primary as well as exhaustive secondary research were performed for this study. Initially, a list of manufacturers across the globe was sourced. Subsequently, primary research surveys were conducted with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the analysts could include the service providers which could not be identified due to the limitations of secondary research. The product types, distribution channels and presence of all major players across the country were analysed.

The market size of the Saudi Arabian IoT in Manufacturing Market was calculated by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. These values were sourced 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.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Saudi Arabia IoT in Manufacturing Market Landscape

6. Saudi Arabia IoT in Manufacturing Market Outlook

6.1. Market Size and Forecast

6.1.1. By Value

6.2. Market Share and Forecast

6.2.1. By Components (Services, Solutions, Platforms)

6.2.2. By Services (Professional Services and Managed Services)

6.2.3. By Solutions (Network Management, Data Management, Device Management, Application Management and Smart Surveillance)

6.2.4. By Platforms (Device Management Platform, Application Management Platform and Connectivity Management Platform)

6.2.5. By Application Area (Predictive maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management and Others)

6.2.6. By Vertical (Energy & Utilities, Consumer Electronics, Automotive, Healthcare, Food & Beverages & Others)

6.2.7. By Company

6.2.8. By Region

6.3. Market Map

7. Saudi Arabia IoT Services in Manufacturing Market Outlook

7.1. Market Size and Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Application Area

7.2.2. By Vertical

8. Saudi Arabia IoT Solutions in Manufacturing Market Outlook

9. Saudi Arabia IoT Platforms in Manufacturing Market Outlook

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Supply Chain Analysis

13. Policy & Regulatory

14. Saudi Arabia Economic Profile

15. Competitive Landscape

15.1. Company Profiles

15.1.1. Etihad Etisalat Co. (Mobily)

15.1.2. Saudi Telecom Company (STC)

15.1.3. Saudi Business Machines Ltd. (SBM)

15.1.4. Zain KSA

15.1.5. Cisco Saudi Arabia

15.1.6. Siemens KSA

15.1.7. Saudi Oracle Ltd.

15.1.8. CloudIoT Company

15.1.9. MachinesTalk

15.1.10. General Electric Saudi Arabia

16. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/kxo7ab

View source version on businesswire.com:https://www.businesswire.com/news/home/20200210005465/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD: MIDDLE EAST SAUDI ARABIA

INDUSTRY KEYWORD: NETWORKS MANUFACTURING OTHER MANUFACTURING OTHER TECHNOLOGY TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 02/10/2020 08:49 AM/DISC: 02/10/2020 08:49 AM

http://www.businesswire.com/news/home/20200210005465/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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