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The industrial IoT gateway market size is estimated to grow by USD 3.36 billion at a CAGR of 23.31% between 2023 and 2028. In today's manufacturing landscape, predictive maintenance has emerged as a critical strategy to optimize operations and minimize downtime. By leveraging real-time data from the factory floor, predictive maintenance enables early identification and resolution of potential equipment failures. This approach not only reduces maintenance costs but also improves overall equipment effectiveness. Another trend shaping the manufacturing industry is the increased focus on edge computing. Edge computing allows data processing to occur closer to the source, reducing latency and enabling real-time analysis. This is particularly important in manufacturing, where quick responses to changing conditions can make a significant difference. Furthermore, the convergence of information and operational technologies (IT/OT) is simplifying the integration of data from various sources and systems. This convergence is facilitated by industrial IoT platforms, which provide a unified view of manufacturing data and enable advanced analytics and predictive maintenance capabilities. By harnessing the power of these technologies, manufacturers can gain valuable insights into their operations and make data-driven decisions to improve efficiency and productivity.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Connectivity
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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