Global IoT Market in Product Lifecycle and Asset Management 2017-2021

  • ID: 4416677
  • Report
  • Region: Global
  • 91 pages
  • TechNavio
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About IoT in Product Lifecycle and Asset Management

IoT is defined as a network that connects all the devices related to the industry, such as sensors, actuators, transmitters, microcontrollers, and microprocessors. PLM is the process of managing the entire lifecycle of a product starting with the concept and ideation, to engineering and design, manufacturing, post-sale services, and finally the disposal of products. AM is about tracking and managing the costs associated with the asset lifecycles.

The analysts forecast the global IoT market in product lifecycle and asset management to grow at a CAGR of 19.65% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global IoT market in product lifecycle and asset management for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global IoT Market in Product Lifecycle and Asset Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • PTC
  • RapidValue
  • SAP
  • Siemens
Other prominent vendors
  • Accenture
  • Aberdeen
  • Alcatel-Lucent
  • AT&T
  • Cisco Systems
  • KloudData
  • Tego
  • Pega
Market drivers
  • Large-scale funding for IoT across the world
  • For a full, detailed list, view the full report
Market challenges
  • Interoperability issues
  • For a full, detailed list, view the full report
Market trends
  • Evolution of predictive maintenance with IoT
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Aberdeen
  • Alcatel-Lucent
  • Cisco Systems
  • KloudData
  • PTC
  • SAP
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY SOLUTION
  • Global IoT market in product lifecycle and asset management by solution
  • Global IoT market in product lifecycle and asset management by solution
  • Global IoT software market in product lifecycle and asset management
  • Global IoT services market in product lifecycle and asset management
  • Global IoT hardware market in product lifecycle and asset management
PART 07: MARKET SEGMENTATION BY END-USER
  • Global IoT market in product lifecycle and asset management by end-users
  • Global IoT market in product lifecycle and asset management in aerospace and defense industry
  • Global IoT market in product lifecycle and asset management in pharmaceutical industry
  • Global IoT market in product lifecycle and asset management in automotive industry
  • Global IoT market in product lifecycle and asset management in power industry
  • Global IoT market in product lifecycle and asset management in other industries
PART 08: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas – market size and forecast
  • EMEA – market size and forecast
  • APAC – market size and forecast
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Evolution of predictive maintenance with IoT
  • Evolution of cloud-based technologies
  • Rising demand for Big Data analytics
PART 12: VENDOR LANDSCAPE
  • Competitive scenario
  • Other prominent vendors
PART 13: KEY VENDOR ANALYSIS
  • IBM
  • PTC
  • RapidValue
  • SAP
  • Siemens
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global IoT market in product lifecycle and asset management overview
Exhibit 02: Opportunities created by integration of IoT with plant lifecycle and asset management
Exhibit 03: Global IoT market in product lifecycle and asset management 2016-2021 ($ billions)
Exhibit 04: Business benefits of adopting IoT-enabled product lifecycle and asset management systems
Exhibit 05: Five forces analysis
Exhibit 06: Global IoT market in product lifecycle and asset management by solution 2016 (% revenue)
Exhibit 07: Global IoT market in product lifecycle and asset management by solution 2021 (% revenue)
Exhibit 08: Global IoT software market in product lifecycle and asset management 2016-2021 ($ billions)
Exhibit 09: Global IoT services market in product lifecycle and asset management 2016-2021 ($ billions)
Exhibit 10: Global IoT hardware market in product lifecycle and asset management 2016-2021 ($ billions)
Exhibit 11: Global IoT market in product lifecycle management and asset management by end-users 2016-2021 (% revenues)
Exhibit 12: Global IoT market in product lifecycle and asset management in aerospace and defense industry 2016-2021 ($ billions)
Exhibit 13: Benefits of using IoT integrated solutions
Exhibit 14: Value stream across aerospace and defense industry
Exhibit 15: Advantages of product lifecycle and asset management in aerospace and defense industry
Exhibit 16: Industry leader's perspective of digitalization and adoption of IoT in systems
Exhibit 17: Global IoT market in product lifecycle and asset management in pharmaceutical industry 2016-2021 ($ billions)
Exhibit 18: Applications of IoT in pharmaceutical manufacturing and supply chain
Exhibit 19: Need for the integration of IoT with product lifecycle and asset management
Exhibit 20: Global IoT market in product lifecycle and asset management in automotive industry 2016-2021 ($ billions)
Exhibit 21: Global IoT market in product lifecycle and asset management in power industry 2016-2021 ($ billions)
Exhibit 22: Global IoT market in product lifecycle and asset management in other industries 2016-2021 ($ billions)
Exhibit 23: Global IoT market in product lifecycle and asset management 2016-2021– market size and forecast (% revenues)
Exhibit 24: Regional comparison
Exhibit 25: Americas – market size and forecast 2016-2021 ($ billions)
Exhibit 26: Americas – Year-over-year growth 2017-2021 (% growth)
Exhibit 27: Top 3 countries in Americas
Exhibit 28: EMEA – market size and forecast 2016-2021 ($ billions)
Exhibit 29: Investments in EMEA that will contribute to IoT market in product lifecycle and asset management
Exhibit 30: EMEA – Year-over-year growth 2017-2021 (% growth)
Exhibit 31: Top 3 countries in EMEA
Exhibit 32: APAC – market size and forecast 2016-2021 (% revenue)
Exhibit 33: APAC – Year-over-year growth 2017-2021 (% growth)
Exhibit 34: Top 3 countries in APAC
Exhibit 35: Security issues and solutions for IoT
Exhibit 36: IBM: Solutions and IoT zones
Exhibit 37: IBM: IoT solution
Exhibit 38: PTC: Software and solutions
Exhibit 39: PTC: IoT solution
Exhibit 40: RapidValue: Services and Enterprise solutions
Exhibit 41: RapidValue: IoT solution
Exhibit 42: SAP: Product portfolio
Exhibit 43: SAP: IoT solutions
Exhibit 44: Siemens: Products and services
Exhibit 45: Siemens: IoT solution
Exhibit 46: Recent developments in the market
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FEATURED COMPANIES

  • Aberdeen
  • Alcatel-Lucent
  • Cisco Systems
  • KloudData
  • PTC
  • SAP
  • MORE
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Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global IoT Market in Product Lifecycle and Asset Management 2017-2021

The author of the report recognizes the following companies as the key players in the global IoT market in product lifecycle and asset management: IBM, PTC, RapidValue, SAP, and Siemens.

Other Prominent Vendors in the market are: Accenture, Aberdeen, Alcatel-Lucent, AT&T, Cisco Systems, KloudData, Tego, and Pega.

Commenting on the report, an analyst from the research team said: “One trend in the market is evolution of predictive maintenance with IoT. Predictive maintenance is a technology that helps in reducing operational and capital costs. It facilitates the more efficient use of repair resources by proactive servicing and repair of assets. The process of predictive maintenance collects and analyzes massive quantities of data to predict faults and errors outside the normal tolerance range.”

According to the report, one driver in the market is large-scale funding for IoT across the world. Governments across the world have realized the true potential of IoT and are taking progressive steps in encouraging developments in the field of IoT. The countries that top the list of promoting the use of IoT technology are the US, the UK, China, South Korea, India, France, and Germany. The UK government's initiative to improve the nation's competitiveness in the field of IoT and increased adoption of high-quality IoT technologies and services by businesses is increasing the demand for the deployment of IoT solutions.

Further, the report states that one challenge in the market is interoperability issues. Interoperability is the core value that the Internet connectivity must have in a connected system environment. Interoperability was vital to the extent that early Internet equipment vendors were called "interops". An interoperable environment enables an IoT device to openly connect with other devices and exchange information as desired. Interoperability of IoT devices takes place at different layers in varying degrees within the communications protocol between devices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • IBM
  • PTC
  • RapidValue
  • SAP
  • Siemens
  • Accenture
  • Aberdeen
  • Alcatel-Lucent
  • AT&T
  • Cisco Systems
  • KloudData
  • Tego
  • Pega
Note: Product cover images may vary from those shown
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