TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Summits
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

6G R&I

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from ABI Research Media Releases

6G R&I

Smart Manufacturing Platform Revenue Will Pass US$32 Billion Annually by 2025

Via ABI Research Media Releases

Nov 13, 2020

Oyster Bay, New York - 11 Nov 2020

As manufacturers integrate IT and OT, they rely on Industrial IoT (IIoT) platforms dedicated to smart manufacturing to manage their devices, connectivity, infrastructure, and data. These IIoT platforms also help manufacturers implement applications, derive insights, and deliver those insights to the correct stakeholders. Consequently, IIoT platforms come in a variety of flavors to meet a range of needs. The most suitable definition, however, is that of an Application Enablement Platform (AEP). More than US$32 billion will be spent on these solutions annually by 2025, forecasts global tech market advisory firm, ABI Research in its new whitepaper, The 36 Transformative Technology Stats You Need to Know for 2021.

AEPs provide a solution for importing data, but they often require partners to provide gateways. Some AEPs, such as Siemens MindSphere, Emerson Plantweb, and PTC ThingWorx, provide a “one-stop shop” that can take data from devices and work like an Operating System (OS) with an app store. “Some one-stop shops focus more on extracting data and getting data to the cloud, while others focus more on delivering the data to other manufacturing and enterprise systems. If app development remains open, applications can be built by the AEP provider, from partners (which may also be called platforms), end users, or independent developers, much like smartphone app stores,” explains Ryan Martin, Industrial and Manufacturing Research Director at ABI Research.

Another Industrial and Manufacturing trend highlighted in the whitepaper: smart glasses will no longer be a novelty on the factory floor with the number of connections forecast to grow from 1.4 million in 2019 to 20.9 million in 2025 (at a CAGR of 57%).

“The rapid growth in connections reveals that solutions based on AR are fast becoming a mainstream technology on the factory floor. The glasses can increasingly be part of manufacturers’ plans for onboarding staff, for providing top-up training in context, and for enabling more experienced staff to remotely support juniors. As well as maturing use cases, the growth in connections is evidence that the glasses will become comfortable enough to wear over an extended period and that investments in cellular networks means that the embedded software can support the staff in real time,” explains Michael Larner, Principal Analyst at ABI Research.

About the whitepaper, Stuart Carlaw, ABI Research’s Chief Research Officer says, “We have selected, from among the many millions of data points ABI Research creates each year, to focus on some enlightening data points that matter in the year ahead. Aspects like Tiny Machine Learning (TinyML), private cellular networks, Open Radio Access Network (RAN), blockchain, smart manufacturing platforms, and even connected cows point to how technology advancements are allowing our physical world to be better connected, managed, and efficient. The forecasts presented in this paper may be easy to dismiss but are very important directional indicators of the technology-enabled world of the future.”

Related Topics
  • 6G R&I,
  • ABI Research,
  • Business Models,
  • Enterprise,
  • Global,
  • Industrial IoT,
  • Manufacturing & Industry 4.0,
  • Tracker

More Like This

6G R&I

InterDigital joins Indian standards and industry bodies TSDSI and BIF to support 5G and 6G R&D

Apr 1, 2021

6G R&I

Orange explores its future with ‘experimental network’

Mar 25, 2021

6G R&I

InterDigital and EPIC successfully demonstrate 100Gbps+ encoder/decoder IP technology

Mar 17, 2021

5G

No olive branch for Huawei, ZTE from Biden’s team

Mar 12, 2021

5G

For MWC, this looks like 2020 all over again

Mar 11, 2021

This content extract was originally sourced from an external website (ABI Research Media Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

22:09

How BSS is evolving to support 5G

40:04

How can DSPs accelerate speed to market for new services?

24:04

Supporting the evolution of service provision at BT

41:32

Edge as a driver of new service revenues

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Summits
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
info@telecomtv.com
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices