Turkey IoT in Manufacturing market is
expected to grow at a steady CAGR in the forecast period, 2023-2027. The strong
economic position of Turkey and the rise in the adoption of advanced
technologies is expected to boost the IoT in manufacturing market growth. The
growing population in the region is creating the need for different products
and services which need to be manufactured in the industries thereby
accelerating the adoption of the IoT in manufacturing in the next five years.
Leading authorities are encouraging the adoption of digital platforms in all
the prominent industry verticals to increase transparency in the whole process
and ease the process of management and documentation. Also, the rise in efforts
of concerned authorities to transform the economy into a knowledge economy to
develop advanced products with higher value. To reduce the dependency on humans
and minimize the chances of error, industries are actively integrating internet
of things technology to optimize the process and increase the overall
efficiency of the manufacturing process.
Development of the smart industry to
boost the overall production process and the growing need for centralized
monitoring and predictive maintenance of assets to increase the visibility of
industrial players to give attention to the manufacturing process.
Turkey IoT in Manufacturing Market is
segmented into component, application, end-use industry, regional distribution,
and company. Based on the end-use industry, the market can be divided into
energy & utilities, automotive, food & beverages, aerospace &
defense, chemicals & materials, consumer electronics, healthcare, and
others. The automotive industry is expected to witness growth in the forecast
period, 2023-2027. The presence of the key players in the region and high-end
investments for the research and development activities is expected to drive
the growth of the automotive industry in the region. The demand for advanced
and connected vehicles equipped with the latest technologies is paving the way
for the IoT in manufacturing market growth.
The major players operating in the Turkey
IoT in Manufacturing market are Turkcell, Trio Mobil, Cisco,
Cognizant, IBM, Accenture, SAP, Google, Nokia, Ericsson, Honeywell, Fujitsu, Microsoft,
Oracle, Huawei, and others. Major companies are developing advanced
technologies and launching new services to stay competitive in the market.
Other competitive strategies include mergers & acquisitions and new service
Objective of the Study:
- To analyze the historical growth of the market size of Turkey
IoT in Manufacturing market from 2017 to 2020.
- To estimate and forecast the market size of Turkey IoT in
Manufacturing market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Turkey IoT in Manufacturing market based
on component, application, end-use industry, regional distribution, and
- To identify dominant region or segment in the Turkey IoT in
- To identify drivers and challenges for Turkey IoT in Manufacturing.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Turkey IoT in Manufacturing.
- To identify and analyze the profile of leading players operating in
Turkey IoT in Manufacturing.
- To identify key sustainable strategies adopted by market players in
Turkey IoT in Manufacturing market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the service providers which could not be
identified due to the limitations of secondary research. TechSci Research
analyzed the service providers, distribution channels and presence of all major
players across the globe.
Research calculated the market size of Turkey IoT in Manufacturing market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- IoT in Manufacturing service provider
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related to IoT
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, suppliers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
forecast, company share, competitive landscape, growth factors, and trends
End User Industry
Region; Central Anatolia; Aegean Region; Mediterranean Region; Black Sea
Region; South Eastern Anatolia Region; Eastern Anatolia Region
Key companies profiled
Turkcell, Trio Mobil, Cisco, Cognizant, IBM, Accenture, SAP,
Google, Nokia, Ericsson, Honeywell, Fujitsu, Microsoft, Oracle, Huawei.
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
Pricing and purchase options
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In this report, Turkey IoT in
Manufacturing market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
Turkey IoT in Manufacturing Market, By Component:
Designing & Integration Services
& Maintenance Services
& Training Services
- Turkey IoT in Manufacturing Market, By Application:
Tracking & Management
& Supply Chain Management
Workforce Tracking & Management
Control & Management
& Incident Management
- Turkey IoT in Manufacturing Market, By End-Use Industry:
- Turkey IoT in Manufacturing Market, By Region:
- Marmara Region
- Central Anatolia
- Aegean Region
- Mediterranean Region
- Black Sea Region
- South Eastern Anatolia Region
- Eastern Anatolia Region
Company Profiles: Detailed analysis of the major
companies present in Turkey IoT in Manufacturing market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
- Detailed analysis and profiling of
additional market players (up to five).
Turkey IoT in Manufacturing market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]