Industrial Internet of Things Market in Asia-Pacific, Forecast to 2022
Industrial Internet of Things Market in Asia-Pacific, Forecast to 2022
IIoT is Set to Transform the Manufacturing Landscape Over the Next Decade
24-Oct-2018
Asia Pacific
Description
IIoT brings together two separate technologies: Enterprise IT for resource planning and decision support systems, and Operations technology that controls machines/equipment, manufacturing and the related processes. Leveraging this will also require equipping the workforce with adequate skills, and this requires preparation. It is expected that IIoT will offer opportunities to the workforce for learning new skills. It will also computerize many of the tasks, particularly those that are of repetitive nature. In order to cash in on the bigger opportunities from IIoT, the workforce in organizations need to possess skills in data science, software development, hardware engineering, testing, etc. Companies, clients and other stakeholders have to collaborate in order to mitigate the risks typical to those connected to networks.
IIoT platforms are still in an emerging phase and companies are trying to establish themselves across many industries. There is a growing need to come up with open architecture and companies are starting to develop and share non-proprietary platforms. The benefits are for all stakeholders. Companies stand to save more by moving from a “fix when fail” approach to predictive maintenance. Suppliers also benefit as a result of reduced warranty fulfillment costs.
Research Scope
This study provides information on digitization and Industrial Internet of Things (IIoT) related trends in Asia-Pacific. It provides an overview of smart factory and the need to have open platforms. This is because one of the key considerations while deploying IIoT systems is the manner in which legacy systems are handled as many legacy devices in industrial settings have a long lifespan and it may not be economically viable to upgrade a large number of devices so as to be able to communicate with the cloud.
The study also provides information on the areas of opportunity for suppliers of automation products and systems. It includes three case studies to illustrate how embracing IIoT has helped end users achieve better performance. While it is still early to accurately estimate the benefits, there are technology challenges that need to be overcome, especially in the areas of connectivity and security.
Key Issues Addressed
- What is IIoT and what are its key components?
- What are the major drivers and the restraints for IIoT adoption across Asia-Pacific?
- What is the current market size and what are the prevailing trends across the region?
- Is IIoT being deployed in a large scale?
- What benefits are available to end users by implementing IIoT solutions, and why is it important?
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Executive Summary
Market Engineering Measurements
Product Scope
Geographical Scope
End-User Definitions
Overview of IIoT in Manufacturing
Factory Automation—Competition in a Growing Market
M2M and IIoT
Essentials of M2M Communication in Factory Automation
Big Data—Integrated Solutions Suite
Deriving Value from Big Data
Cloud in Manufacturing
Predictive Maintenance
Market Overview—Distribution Channels
Market Drivers
Market Restraints
Market Engineering Measurements
Revenue Forecast
Case 1—Cybersecurity Issues and Solutions: FireEye
Case 2—Automation and Process Control Value Chain, Evolving with IIoT: Marubeni
Case 3—Siemens A.G.’s Digital Manufacturing
Investment and Collaborations
Growth Opportunity 1—Collaboration
Growth Opportunity 2—Opportunities for Niche Solution Providers
Strategic Imperatives
Why IIoT—Transition from Centralization to Integration
Why Embrace IIoT?
Analyst Perspective on IIoT
Legal Disclaimer
List of Exhibits
- 1. Total IIoT Market: Factory of the Future: Integrated Solutions in Smart Plants, Asia-Pacific, 2017
- 2. Total IIoT Market: Deriving Value from Big Data, Asia-Pacific, 2017
- 3. Total IIoT Market: Cloud in Manufacturing, Asia-Pacific, 2017
- 4. Total IIoT Market: Predictive Maintenance, Asia-Pacific, 2017
- 5. Total IIoT Market: Key Market Drivers, Asia-Pacific, 2018–2022
- 6. Total IIoT Market: Key Market Restraints, Asia-Pacific, 2018–2022
- 7. Total IIoT Market: Market Engineering Measurements, Asia-Pacific, 2017
- 1. Total IIoT Market: Market Engineering Measurements, Asia-Pacific, 2017
- 2. Total IIoT Market: Parameters Enabling Manufacturing Competitiveness, Asia-Pacific, 2017
- 3. Total IIoT Market: M2M Applications in Factory Environment, Asia-Pacific, 2017
- 4. Total IIoT Market: Distribution Channel Analysis, Asia-Pacific, 2017
- 5. Total IIoT Market: Revenue Forecast, Asia-Pacific, 2014–2022
- 6. Total IIoT Market: Manufacturing Landscape, Asia-Pacific, 2000–2020
Popular Topics
Research Scope
This study provides information on digitization and Industrial Internet of Things (IIoT) related trends in Asia-Pacific. It provides an overview of smart factory and the need to have open platforms. This is because one of the key considerations while deploying IIoT systems is the manner in which legacy systems are handled as many legacy devices in industrial settings have a long lifespan and it may not be economically viable to upgrade a large number of devices so as to be able to communicate with the cloud.
The study also provides information on the areas of opportunity for suppliers of automation products and systems. It include
No Index | No |
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Podcast | No |
Table of Contents | | Executive Summary~ || Executive Summary~ || Market Engineering Measurements~ | Market Overview~ || Product Scope~ || Geographical Scope~ || End-User Definitions~ | Overview of IIoT in Manufacturing~ || Overview of IIoT in Manufacturing~ | Factory Automation~ || Factory Automation—Competition in a Growing Market~ || M2M and IIoT~ || Essentials of M2M Communication in Factory Automation~ | Big Data Analytics~ || Big Data—Integrated Solutions Suite~ || Deriving Value from Big Data~ || Cloud in Manufacturing~ | Predictive Maintenance~ || Predictive Maintenance~ || Market Overview—Distribution Channels~ | Drivers and Restraints—Total IIoT Market~ || Market Drivers~ || Market Restraints~ | Forecasts and Trends—Total IIoT Market~ || Market Engineering Measurements~ || Revenue Forecast~ | Case Studies~ || Case 1—Cybersecurity Issues and Solutions: FireEye~ || Case 2—Automation and Process Control Value Chain, Evolving with IIoT: Marubeni~ || Case 3—Siemens A.G.’s Digital Manufacturing~ | Investment and Collaborations~ || Investment and Collaborations~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Collaboration~ || Growth Opportunity 2—Opportunities for Niche Solution Providers~ || Strategic Imperatives~ | Why IIoT?~ || Why IIoT—Transition from Centralization to Integration~ || Why Embrace IIoT?~ || Analyst Perspective on IIoT~ || Legal Disclaimer~ | Appendix~ || List of Exhibits~ | The Frost & Sullivan Story~ |
List of Charts and Figures | 1. Total IIoT Market: Factory of the Future: Integrated Solutions in Smart Plants, Asia-Pacific, 2017~ 2. Total IIoT Market: Deriving Value from Big Data, Asia-Pacific, 2017~ 3. Total IIoT Market: Cloud in Manufacturing, Asia-Pacific, 2017~ 4. Total IIoT Market: Predictive Maintenance, Asia-Pacific, 2017~ 5. Total IIoT Market: Key Market Drivers, Asia-Pacific, 2018–2022 ~ 6. Total IIoT Market: Key Market Restraints, Asia-Pacific, 2018–2022~ 7. Total IIoT Market: Market Engineering Measurements, Asia-Pacific, 2017~| 1. Total IIoT Market: Market Engineering Measurements, Asia-Pacific, 2017~ 2. Total IIoT Market: Parameters Enabling Manufacturing Competitiveness, Asia-Pacific, 2017 ~ 3. Total IIoT Market: M2M Applications in Factory Environment, Asia-Pacific, 2017 ~ 4. Total IIoT Market: Distribution Channel Analysis, Asia-Pacific, 2017~ 5. Total IIoT Market: Revenue Forecast, Asia-Pacific, 2014–2022~ 6. Total IIoT Market: Manufacturing Landscape, Asia-Pacific, 2000–2020 ~ |
Author | Krishnan Ramanathan |
Industries | Industrial Automation |
WIP Number | P9EF-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9672-A9,9B07-C1,9593,9420 |