Global IIoT Market in Automotive Industry 2017-2021 - Product Image

Global IIoT Market in Automotive Industry 2017-2021

  • ID: 4417845
  • Report
  • Region: Global
  • 99 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Cisco
  • Cognizant
  • HCL
  • Hortonworks
  • MORE
About IIoT Market

The global IIoT market in the automotive industry is a key contributing segment of the global IIoT market. From a top-down perspective, the author has analyzed the global IIoT market as a parent market to set the context, in which the global IIoT market in the automotive industry will be analyzed. The IIoT characterizes a set-up wherein every object or thing is embedded with a sensor and is efficient in automatically communicating its state with other objects and automated systems inside the environment. Each object represents a node in a virtual network, continuously transmitting a large volume of data about itself and its surroundings.

The analysts forecast the global IIoT market in automotive industry to grow at a CAGR of 33.48% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IIoT market in automotive industry for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IIoT.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global IIoT Market in Automotive Industry 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
  • Cisco
  • HCL
  • IBM
  • PTC
Other prominent vendors
  • Accenture,
  • Capgemini,
  • Cognizant,
  • Hortonworks,
  • SAP,
  • Siemens,
  • Telit
Market drivers
  • Decreasing cost of sensors
  • For a full, detailed list, view the full report
Market challenges
  • Bottlenecks in adoption and installation challenges
  • For a full, detailed list, view the full report
Market trends
  • Rise of IoT ecosystem
  • 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?
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Cisco
  • Cognizant
  • HCL
  • Hortonworks
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market size and forecast 2016-2021
PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Manufacturing operations - Market size and forecast 2016-2021
  • Production asset management and maintenance - Market size and forecast 2016-2021
  • Inventory and supply chain management - Market size and forecast 2016-2021
  • Market opportunity by application
PART 08: MARKET SEGMENTATION BY SOLUTION
  • Segmentation by solution
  • Comparison by solutions
  • Hardware and software - Market size and forecast 2016-2021
  • Services - Market size and forecast 2016-2021
  • Market opportunity by type
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast 2016-2021
  • EMEA - Market size and forecast 2016-2021
  • Americas - Market size and forecast 2016-2021
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Rise of IoT ecosystem
  • Virtual Reality in automotive industry
  • 3D printing in automotive industry
PART 13: VENDOR LANDSCAPE
  • Competition analysis
PART 14: VENDOR ANALYSIS
  • Vendor overview
  • Cisco
  • HCL
  • IBM
  • PTC
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market 2017
Exhibit 02: Global IIoT market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Global IIoT market 2016-2021 ($ billion)
Exhibit 06: Market definition - inclusions and exclusions checklist
Exhibit 07: Global IIoT market in automotive industry - Market size and forecast 2016-2021 ($ bn)
Exhibit 08: Magnitude of influence of IIoT on various attributes in the automotive industry
Exhibit 09: The architecture of an IIoT solution in the industries
Exhibit 10: Global IIoT market in automotive industry - Year-over-year growth 2017-2021 (%)
Exhibit 11: Five forces analysis
Exhibit 12: Application - Market share 2016-2021 (%)
Exhibit 13: Comparison by application
Exhibit 14: Manufacturing operations - Market size and forecast 2016-2021 ($ bn)
Exhibit 15: Manufacturing operations - Year-over-year growth 2017-2021 (%)
Exhibit 16: Production asset management and maintenance - Market size and forecast 2016-2021 ($ bn)
Exhibit 17: Production asset management and maintenance - Year-over-year growth 2017-2021 (%)
Exhibit 18: Inventory and supply chain management - Market size and forecast 2016-2021 ($ bn)
Exhibit 19: Inventory and supply chain management - Year-over-year growth 2017-2021 (%)
Exhibit 20: Market opportunity by application
Exhibit 21: Solution - Market share 2016-2021 (%)
Exhibit 22: Comparison by product
Exhibit 23: Hardware and software - Market size and forecast 2016-2021 ($ bn)
Exhibit 24: Hardware and Software- Year-over-year growth 2017-2021 (%)
Exhibit 25: Services - Market size and forecast 2016-2021 ($ bn)
Exhibit 26: Services - Year-over-year growth 2017-2021 (%)
Exhibit 27: Market opportunity by type
Exhibit 28: Global - Market share 2016-2021 (%)
Exhibit 29: Regional comparison
Exhibit 30: APAC - Market size and forecast 2016-2021 ($ bn)
Exhibit 31: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 32: Top 3 countries in APAC
Exhibit 33: EMEA - Market size and forecast 2016-2021 ($ bn)
Exhibit 34: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 35: Top 3 countries in EMEA
Exhibit 36: Americas - Market size and forecast 2016-2021 ($ bn)
Exhibit 37: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 38: Top 3 countries in Americas
Exhibit 39: Global industrial wearable devices market 2016-2021 ($ bn)
Exhibit 40: Competition scenario of global IIoT market in automotive industry
Exhibit 41: Product portfolio: Cisco
Exhibit 42: Product offerings: Cisco
Exhibit 43: Recent developments: Cisco
Exhibit 44: Product portfolio: HCL
Exhibit 45: IIoT services offered: HCL
Exhibit 46: Recent developments
Exhibit 47: Product portfolio: IBM
Exhibit 48: Product offerings: IBM
Exhibit 49: Recent developments: IBM
Exhibit 50: Business portfolio: PTC
Exhibit 51: Product portfolio: PTC
Exhibit 52: Recent developments
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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Cisco
  • Cognizant
  • HCL
  • Hortonworks
  • MORE
New Report Released: - Global IIoT Market in Automotive Industry 2017-2021

The author of the report recognizes the following companies as the key players in the global IIoT market in automotive industry: Cisco, HCL, IBM, and PTC

Other Prominent Vendors in the market are: Accenture, Capgemini, Cognizant, Hortonworks, SAP, Siemens, and Telit.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is R+ise of IoT ecosystem. The success of IoT, in an industry largely depends on the potential of connectivity among the devices in an industry. However, no individual technology provider can enable IoT alone. To optimally utilize the capability of IoT, various technology and service providers have entered into collaborations. Collaboration across the IoT ecosystem accumulates together a range of skills and abilities essential to create the IoT value chain.

The chain commences with components, such as processors, modules, operating systems, and security software. Original design manufacturers (ODMs) use these components to build boards that are utilized by original equipment manufacturers (OEMs). Systems integrators convert these things into industry-specific solutions, with application and data analytics software. Network services connect things and cloud services and take advantage of analytics and application software to turn raw data into useful information.”

According to the report, one of the major drivers for this market is Decreasing cost of sensors. The higher demand for sensors has resulted in the sensor manufacturing companies lowering the price over the last two decades. The sensors are a crucial part of the IIoT systems in any industry. Sensors are embedded into devices and equipment, which can then interconnect with each other and streamline the workflow in a workplace to make it smooth and fast. The fall in the price of sensors is a benefit for the industries that have installed IIoT recently or are expected to do it during the forecast period. The reduction in the price of the sensors will bring down the cost of the overall IIoT offering. Considering the current scenario, where the number of established vendors in the global IIoT market in the automotive industry is growing, this cost reduction acts as a driver.

Further, the report states that one of the major factors hindering the growth of this market is Bottlenecks in adoption and installation challenges. IoT-enabled end-users in the automotive industry are not prevalent. To exploit the benefits of IoT, the end-users will need to have a proper, robust IT infrastructure and adequate bandwidth, especially if video integration is concerned. Besides these technical hurdles, market education is also an issue. A huge concern for the implementation, of IIoT in the automotive industry, is process and people management.

The primary issue is not in people tracking or process tracking, but efficiency management and helping employees understand the technology. Many people do not understand the significance of accessibility and how it can help their business to move forward; thus, basic education on the adoption of newer technologies is a hindrance as well.

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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  • Cisco
  • HCL
  • IBM
  • PTC
  • Accenture
  • Capgemini
  • Cognizant
  • Hortonworks
  • SAP
  • Siemens
  • Telit
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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