‘Iot In Aerospace & Defence Market Worth $22.6 Billion In 2017’ Says Visiongain Report

17 August 2017
Defence

Visiongain’s new report the Internet of Things (IoT) in Aerospace & Defence Market Forecast 2017-2027: by Component (Hardware, Software, Services), by Deployment Type (On-Premise, Cloud), by Connectivity (Cellular, Wi-Fi, Radio Frequency, SATCOM), by Application (Fleet Management, Medical (Health Monitoring), Inventory Management, Equipment Maintenance, Analytics, Security), by Geography (Regions and Key National Markets) indicates that the global IoT in aerospace & defence market will see $22.6bn in spending in 2017.

The lead analyst of the report said: “Internet of things (IoT) refers to an interconnected system of IP address-assigned objects that have the ability to be connected through the medium of the internet. Internet of Things facilitates the overall infrastructure consisting of these devices to have digital interaction capability. IoT is one of the fastest growing trends within technology and has an adoption rate which has enabled a large number of businesses to invest in it. It is currently being used among a number of industry verticals that includes retail, manufacturing, automotive, healthcare, transportation, energy, and aerospace and defence. IoT in aerospace and defence connect aircraft, machines, systems, people, and others and ensures enhanced results in production processes, operational management, and other applications. Factors such as reductions in overall product cost and improved customer experience have the ability to streamline business processes, such as design, production, and service, generating higher returns, which creates lucrative opportunities for market growth during forecast period.”

The 130+ page report contains 100+ tables, charts and graphs that add visual analysis in order to explain developing trends within the IoT in Aerospace & Defence market. Visiongain provides sales forecasts for the period 2017-2027 for the following sets of submarkets: by Component (Hardware, Software, Services), by Deployment Type (On-Premise, Cloud), by Connectivity (Cellular, Wi-Fi, Radio Frequency, SATCOM), and by Application (Fleet Management, Medical (Health Monitoring), Inventory Management, Equipment Maintenance, Analytics, Security).

The 130+ page report offers market forecasts and analysis for leading regions and national markets, segmented as follows: North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific), Latin America, and Middle East & Africa. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in IoT in aerospace & defence.

The Internet of Things (IoT) in Aerospace & Defence Market Forecast 2017-2027: by Component (Hardware, Software, Services), by Deployment Type (On-Premise, Cloud), by Connectivity (Cellular, Wi-Fi, Radio Frequency, SATCOM), by Application (Fleet Management, Medical (Health Monitoring), Inventory Management, Equipment Maintenance, Analytics, Security), by Geography (Regions and Key National Markets) report will be of value to anyone who wants to better understand the IoT in aerospace & defence market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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