Eastern Europe IoT in Manufacturing & Construction Market By Component (Solution, Service & Platform), By Application Area (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),By Vertical (Energy &
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEastern Europe IoT in Manufacturing & Construction Market By Component (Solution, Service & Platform), By Application Area (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),By Vertical (Energy &
The IoT in Manufacturing and Construction Industry Report highlights leading market competitors and provides light on their competitive strategies and collaborations. The thorough research depicts the market in two dimensions. The reader may identify the footprints of manufacturers in the IoT in the manufacturing and construction business, by understanding the global revenue of manufacturers, the international price of manufacturers, and the production of manufacturers throughout the projected period 2024 to 2028.
Growth of Internet of Things (IoT)
The Internet of Things (IoT) has a broad vision of connecting every single object in the Eastern Europe to form one network. The growing usage of IoT-managed services solutions in the automotive, electronic goods, and information and telecommunications industries will drive the IoT-managed services market forward. The long-term evolution (LTE) deployment and technical breakthroughs in various fields are the primary reasons driving the IoT managed services market. The IoT engineering services market is made up of entities (organisations, sole proprietorships, and partnerships) that sell IoT engineering services and serve as a communication medium between all departments of a business, as well as help automate repetitive tasks to improve operational efficiency and productivity. Organizations use IoT engineering services to decrease operating and maintenance expenses while also improving data security.
Demand for Real-Time Asset Monitoring is Increasing
In the Manufacturing & Construction business, IoT has a system for locating assets that can also provide data that can be utilised to enhance maintenance schedules and increase asset utilisation. Monitoring IoT assets may be utilised for a variety of applications, including fleet management, inventory management, and security. Asset management IoT solutions are systems that track the location and status of valuable assets in real time using sensors and other IoT devices. These systems can track a broad variety of assets, including animals, automobiles, machines, and people. IoT asset tracking systems frequently use radio frequency identification (RFID) tags or GPS tracking devices to obtain information about asset location. This data is received and transmitted by a central server so that authorised users may read it. IoT asset tracking solutions provide several advantages, including higher asset utilisation, reduced theft and loss, and enhanced asset deployments. As IoT solutions for asset tracking evolve, they will extend to new sectors.
Continuous Technological Development
Many major companies of Eastern Europe in the industry are investing heavily in R&D to continuously develop their products Even among rivals, there was universal agreement on the need for trusted IoT and edge computing platforms, as well as orchestration methods, to enable the next stage of digitalisation. Industrial stakeholders welcomed the Commission’s initiative to provide R&I support under Eastern Europe, bridging joint undertakings on key digital technologies and smart networks and services
Market Segments
Eastern Europe IoT in Manufacturing & Construction Market is segmented into by component, by Application Area, by Vertical and by Country. Based on component, the market is segmented into Solution, Service & Platform. Based on Application Area, the market is segmented 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. Based on Vertical, the market is segmented into Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defense, Chemicals & Materials, High-Tech Products, Healthcare, Others.
Market Players
Cisco Systems International BV
Recent Developments
- In Dec 2021,The Municipal Water and Sewerage Company in Piekary lskie, Poland, engagedAIUT, a pioneer in automation, robotics, and industrial Internet of Things(IoT) solutions in Europe, to build and install Poland’s largest smart-meteringnetwork.
- Amazon.comInc., a USA-based technology corporation specialized in eCommerce, cloudcomputing, and artificial intelligence, debuted LoRaWAN technology in January2022, along with new features such as real-time information that helps toconnect many IoT devices, at the same time, to save time.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | Component Application Area Vertical Country |
| Country scope | Belarus, Bulgaria, Czech Republic, Hungary, Moldova, Poland, Romania, Russia, Slovakia, Ukraine |
| Key companies profiled | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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