Market Demand : IoT Market in Product Lifecycle and Asset Management Globally Grow at a CAGR of 19.65% by Revenue During the Period 2018-2021

ResearchMoz presents professional and in-depth study of "Global IoT Market in Product Lifecycle and Asset Management 2017-2021".

IoT is defined as a network that connects all the devices related to the industry, such as sensors, actuators, transmitters, microcontrollers, and microprocessors.

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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.

Technavios 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

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Technavio's 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 driver

Large-scale funding for IoT across the world

For a full, detailed list, view our report

Market challenge

Interoperability issues

For a full, detailed list, view our report

Market trend

Evolution of predictive maintenance with IoT

For a full, detailed list, view our report

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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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