Vietnam IoT In Manufacturing Market By Component, Application Area ,By Vertical

Posted by Prachiti Sharma on September 30th, 2019

Bharat Book Bureau Provides the Trending Market Research Report on“Vietnam IoT In Manufacturing Market By Component (Solutions, Services & Platforms), By Application Area (Asset Tracking & Management, Predictive Maintenance, & Others), By Vertical (Energy & Utilities, Oil & Gas, Electronics & Electricals, Automotive, & Others),Competition, Forecast & Opportunities, 2024”under IT Services Category. The report offers a collection of superior market research,

Vietnam IoT In Manufacturing Market stood at $ 1 billion in 2018 and is projected to grow at a CAGR of over 21% to cross $ 3 billion by 2024 on account of rising demand for industrial internet of things (IIoT), increasing adoption of smart sensors and beacons, growing adoption of IoT in supply chain, favorable government initiatives and rise in demand for analytics. Moreover, increasing penetration of IoT in various applications like energy & utilities, oil & gas, electronics and electricals etc., is further pushing its demand in the country. Additionally, surge in cloud platform adoption, advent of advanced data analytics and development of wireless networking technologies is likely to propel Vietnam IoT in manufacturing market during forecast period.

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Major companies operating in Vietnam IoT in manufacturing market recorded high sale volume in 2018 and the trend is likely to continue during forecast period as well. List of major players operating in Vietnam IoT in manufacturing market include FPT Corporation, Viettel-CHT Limited (Viettel IDC), CMC Corporation, Vietnam Posts and Telecommunications Group, KDDI Vietnam Corporation, Dai Viet Controls & Instrumentation Company Ltd, IBM Vietnam Co Ltd., SAP Asia (Vietnam) Co. Ltd, Fujitsu Vietnam Ltd., Hitachi Asia (Vietnam) Co., Ltd., Amazon Web Services Vietnam Company Limited, Robert Bosch (Vietnam) Co. Ltd., Cisco Systems Vietnam Ltd, Oracle Vietnam Pte Ltd. etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, in May 2019, Samsung SDS announced an investment partnership agreement with CMC Corporation for smart factory and cyber security sectors in Vietnam. Under the agreement, Samsung SDS will utilize CMC’s strong sales channel to target market for their latest technologies, such as artificial intelligence, big data analytics, Internet of Things (IoT), etc. The partnership will help CMC to strengthen its position and expand its business in Vietnam.

Objective of the Study:
• To analyze and forecast the market size of Vietnam IoT in manufacturing market.
• To classify and forecast Vietnam IoT in manufacturing market based on component, application area, vertical and regional distribution.
• To identify drivers and challenges for Vietnam IoT in manufacturing market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam IoT in manufacturing market.
• To identify and analyze the profile of leading players involved in Vietnam IoT in manufacturing market.
Key Target Audience:
• IoT solution, service & platform providers
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to IoT market

• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.

Market, By Component:
- Solutions
- Services
- Platforms

Market, By Application Area:
- Asset Tracking & Management
- Predictive Maintenance
- Logistics & Supply Chain Management
- Business Process Optimization
- Real-Time Workforce Tracking & Management
- Others

Market, By Vertical:
- Energy & Utilities,
- Oil & Gas
- Electronics and Electricals
- Automotive
- Healthcare, Pharma & Medical Devices
- Food & Beverages
- Chemicals & Petrochemicals
- Metal Processing
- Cement
- Semiconductor
- Others

Market, By Region:
- Northern Vietnam
- Southern Vietnam
- Central Vietnam
- Competitive Landscape

Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/vietnam-iot-in-manufacturing-market-by-component-solutions-services-platforms-by-application-area-asset-tracking-/1753771

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