The Connected Mining Market size was valued at 11.9 billion in 2022 and is anticipated to reach USD 28.22 billion in 2030 with a growing CAGR of 11.4% from 2023 to 2030.
Connected Mining Solutions enables machine visibility, enhances maintenance, and supports two-way communications for supervision and control by collecting equipment data in real-time and publishing it to the cloud and third-party applications. It improves overall plant safety by utilizing data about employee or staff location and environmental conditions from fixed and mobile sensors, offering real-time actionable intelligence and essential collaboration. Additionally, connected mining saves time and money, reduces physical workload, and minimizes production costs with real-time visibility of assets, providing lucrative growth opportunities for the market. Moreover, the rise in investments in the industry and the increasing adoption of industrial IoT, big data, analytics, and simulation technology to enhance business operations further propel the growth of Connected Mining Solutions during the forecast period.
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Drivers
Connectivity for Mining Operations Advancement
Increasing demand for automation in mining.
The adoption of connected mining solutions is being driven by the growing complexity and scale of mining operations as well as the requirement for streamlined communication and cooperation. Modern technology is used by the mining industry to connect personnel, equipment, and systems at various locations. These technologies provide real-time monitoring, centralized control, and seamless information interchange, increasing operational effectiveness, lowering mistake rates, and raising total productivity. Connected mining solutions, which make greater use of the connection, enable improved coordination, cooperation, and decision-making, allowing mining businesses to meet operational issues and maintain competitiveness in a market that is changing quickly.
Restrains
Operational interruptions and high initial implementation costs
The high initial installation cost is a significant barrier for the connected mining business. It costs a lot of money upfront to integrate cutting-edge technologies, build communication networks, and deploy IoT devices. Many mining businesses, especially smaller ones, may experience financial difficulties in adopting connected mining solutions as a result of these high expenses. The implementation procedure may also need employee retraining and disruptions to ongoing mining operations, which would increase the cost and may create opposition to change.
Opportunities
Utilizing Connectivity and Technological Advances to Promote Growth
Minimizes production costs with real-time visibility of assets, providing lucrative growth opportunities for the market
Challenges
Making Connected Mining Solutions Secure, Interoperable, and Trustworthy
If the conflict disrupts the supply chains for critical components and technologies used in connected mining systems, it could lead to delays and increased costs for implementing or upgrading such systems. Many tech components used in IoT and automation devices are globally sourced, and any disruption in the supply chain can affect the availability and pricing of these components. The Russia-Ukraine conflict has created geopolitical uncertainty that can impact investment decisions and business strategies in the mining sector. Companies may hesitate to invest in long-term projects or may reevaluate their risk assessments in regions with proximity to the conflict, potentially slowing down the adoption of connected mining technologies. The conflict can influence energy prices, including the cost of electricity and fuel. Mining operations are energy-intensive, and fluctuations in energy prices can impact operating expenses. This may affect the willingness of mining companies to invest in energy-efficient technologies that are part of connected mining solutions. Economic instability resulting from the conflict can impact the overall investment climate. Mining companies may find it more challenging to secure funding for technology upgrades and innovation, which could slow down the adoption of connected mining solutions.
Impact of Recession
Recession typically leads to a decrease in capital expenditure by mining companies. This can result in reduced investments in new technologies and connected mining solutions. Companies may delay or cancel projects aimed at implementing IoT and digital solutions to cut costs. Mining is highly dependent on commodity prices, and recessions often lead to a drop in these prices. Lower commodity prices can put pressure on mining companies' budgets, making them more cautious about adopting expensive connected mining technologies.
Mining companies may focus on cost-cutting measures during a recession, which can impact technology budgets. This could lead to reduced spending on IoT sensors, data analytics platforms, and other connected mining infrastructure. On the flip side, recession-induced pressures can also encourage mining companies to seek ways to improve operational efficiency. Connected mining technologies can help streamline operations, reduce waste, and optimize resource allocation, making them more appealing during tough economic times. Government stimulus packages and support for industries can influence the pace of technological adoption. In some cases, governments may incentivize mining companies to invest in digital technologies for long-term competitiveness.
By Offering
Solutions
Services
By Deployment Mode
On-premises
Cloud
By Solution
Asset Tracking and Optimization
Industrial Safety and Security
Analytics and Reporting
Process Control
Others
By Mining Type
Surface
Underground
By Service
Professional Services
Managed Services
By Application
Exploration
Processing and Refining
Transportation
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The type segment is categorized into two main divisions: surface mining and underground mining. The underground mining segment dominated the market, holding a market share of approximately 55% in 2022. Surface mining, on the other hand, results in evident destruction such as altered landscapes, soil erosion, loss of biodiversity, and negative impacts on groundwater resources. In contrast, underground mining mitigates these environmental damages, offering advantages such as lower costs and reduced exposure to weather conditions. These benefits of underground mining contribute to its larger market share in the mining industry.
Over the projected period, North America is anticipated to have the biggest revenue share 31.3%. North American mining businesses are rapidly turning to connected mining as a means of increasing productivity, cutting costs, and enhancing safety. The mining sector in the US has been making investments in digital technologies like IoT, AI, and data analytics to enhance operations, and this trend is anticipated to continue. The use of IoT technology to track and manage mining equipment in real time is one instance of connected mining in North America. This lowers downtime and maintenance costs by enabling mining businesses to recognize and address possible maintenance issues before they become a problem.
The Asia Pacific region is projected to witness a higher compound annual growth rate in the connected mining market. This can be attributed to the region's flourishing mining industry, as well as its rapid industrialization and urbanization, which are driving the demand for advanced technologies that can enhance operational efficiency and productivity. Moreover, there is a growing emphasis on safety and environmental sustainability in mining operations, prompting mining companies to embrace connected mining solutions.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
The major players in the market are Cisco, IBM, Eurotech Communication, SAP, ABB, Schneider Electric, Rockwell Automation, Komatsu, Caterpillar, Trimble, PTC, Siemens, MST Global, Howden, Hexagon, Accenture, Hitachi, Wipro, GE Digital, Getac, SmartMining SpA, Applied Vehicle Analysis, Zyfra, GroundHog, IntelliSense.io, Axora, and others in the final report.
In June 2022, Dynamox and Metso Outotec collaborated to integrate Dynamox's condition monitoring platform into mining and aggregate operations. Metso Outotec is offering the remedy to the company's installed base of equipment. Dynamox is a recent addition to the Metso Outotec partner ecosystem and helps develop and provide customers with user-friendly digital solutions. To expand its mining operations, the company is utilizing analytics and AI.
In November 2021, Hexagon AB, a leader in the development of virtual reality technologies, unveiled the HxGN MineEnterprise Platform. The goal of this new solution is to improve mining operations' real-time data management and analytics.
In August 2021, Caterpillar and BHP, a multinational mining, oil, and metals firm, formed a partnership. The collaboration intended to develop and employ zero-emission mining vehicles at BHP's mining operations around the world to minimize greenhouse gas (GHG) emissions. The collaboration would assist in defining the procedures, infrastructure, and technology required for future mine sites and emission-free equipment.
| Report Attributes | Details |
| Market Size in 2022 | US$ 11.9 Bn |
| Market Size by 2030 | US$ 28.22 Bn |
| CAGR | CAGR of 11.1 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Offering (Solutions, Services) • By Deployment Mode (On-premises, Cloud) • By Solution (Asset Tracking and Optimization, Fleet Management, Industrial Safety and Security, Workforce Management, Analytics and Reporting, Process Control, Others) • By Mining Type (Surface, Underground) • By Service (Professional Services, Managed Services) • By Application (Exploration, Processing and Refining, Transportation) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Cisco, IBM, Eurotech Communication, SAP, ABB, Schneider Electric, Rockwell Automation, Komatsu, Caterpillar, Trimble, PTC, Siemens, MST Global, Howden, Hexagon, Accenture, Hitachi, Wipro, GE Digital, Getac, SmartMining SpA, Applied Vehicle Analysis, Zyfra, GroundHog, IntelliSense.io, Axora |
| Key Drivers | • Connectivity for Mining Operations Advancement • Increasing demand for automation in mining. |
| Market Restraints | • Operational interruptions and high initial implementation costs |
Ans: The value of the Connected Mining Market will be $ 11.9 billion in 2022.
Ans. The CAGR of the Connected Mining Market is 11.4 %.
ANS: Yes, you can ask for the customization as pas per your business requirement.
Ans. The forecast period of the Connected Mining Market is 2022-2030.
Ans:
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Connected Mining Market Segmentation, By Offering
8.1 Solutions
8.2 Services
9. Connected Mining Market Segmentation, By Deployment Mode
9.1 On-premises
9.2 Cloud
10. Connected Mining Market Segmentation, By Solution
10.1 Asset Tracking and Optimization
10.2 Fleet Management
10.3 Industrial Safety and Security
10.4 Workforce Management
10.5 Analytics and Reporting
10.6 Process Control
10.7 Others
11. Connected Mining Market Segmentation, By Mining Type
11.1 Surface
11.2 Underground
12. Connected Mining Market Segmentation, By Service
12.1 Professional Services
12.2 Managed Services
13. Connected Mining Market Segmentation, By Application
13.1 Exploration
13.2 Processing and Refining
13.3 Transportation
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 North America Connected Mining Market By Country
14.2.2 North America Connected Mining Market By Offering
14.2.3 North America Connected Mining Market By Deployment Mode
14.2.4 North America Connected Mining Market By Solution
14.2.5 North America Connected Mining Market By Mining Type
14.2.6 North America Connected Mining Market By Service
14.2.7 North America Connected Mining Market By Application
14.2.8 USA
14.2.8.1 USA Connected Mining Market By Offering
14.2.8.2 USA Connected Mining Market By Deployment Mode
14.2.8.3 USA Connected Mining Market By Solution
14.2.8.4 USA Connected Mining Market By Mining Type
14.2.8.5 USA Connected Mining Market By Service
14.2.8.6 USA Connected Mining Market By Application
14.2.9 Canada
14.2.9.1 Canada Connected Mining Market By Offering
14.2.9.2 Canada Connected Mining Market By Deployment Mode
14.2.9.3 Canada Connected Mining Market By Solution
14.2.9.4 Canada Connected Mining Market By Mining Type
14.2.9.5 Canada Connected Mining Market By Service
14.2.9.6 Canada Connected Mining Market By Application
14.2.10 Mexico
14.2.10.1 Mexico Connected Mining Market By Offering
14.2.10.2 Mexico Connected Mining Market By Deployment Mode
14.2.10.3 Mexico Connected Mining Market By Solution
14.2.10.4 Mexico Connected Mining Market By Mining Type
14.2.10.5 Mexico Connected Mining Market By Service
14.2.10.6 Mexico Connected Mining Market By Application
14.3 Europe
14.3.1 Eastern Europe
14.3.1.1 Eastern Europe Connected Mining Market By Country
14.3.1.2 Eastern Europe Connected Mining Market By Offering
14.3.1.3 Eastern Europe Connected Mining Market By Deployment Mode
14.3.1.4 Eastern Europe Connected Mining Market By Solution
14.3.1.5 Eastern Europe Connected Mining Market By Mining Type
14.3.1.6 Eastern Europe Connected Mining Market By Service
14.3.1.7 Eastern Europe Connected Mining Market By Application
13.3.1.8 Poland
14.3.1.8.1 Poland Connected Mining Market By Offering
14.3.1.8.2 Poland Connected Mining Market By Deployment Mode
14.3.1.8.3 Poland Connected Mining Market By Solution
14.3.1.8.4 Poland Connected Mining Market By Mining Type
14.3.1.8.5 Poland Connected Mining Market By Service
14.3.1.8.6 Poland Connected Mining Market By Application
14.3.1.9 Romania
14.3.1.9.1 Romania Connected Mining Market By Offering
14.3.1.9.2 Romania Connected Mining Market By Deployment Mode
14.3.1.9.3 Romania Connected Mining Market By Solution
14.3.1.9.4 Romania Connected Mining Market By Mining Type
14.3.1.9.5 Romania Connected Mining Market By Service
14.3.1.9.6 Romania Connected Mining Market By Application
14.3.1.10 Hungary
14.3.1.10.1 Hungary Connected Mining Market By Offering
14.3.1.10.2 Hungary Connected Mining Market By Deployment Mode
14.3.1.10.3 Hungary Connected Mining Market By Solution
14.3.1.10.4 Hungary Connected Mining Market By Mining Type
14.3.1.10.5 Hungary Connected Mining Market By Service
14.3.1.10.6 Hungary Connected Mining Market By Application
14.3.1.11 Turkey
14.3.1.11.1 Turkey Connected Mining Market By Offering
14.3.1.11.2 Turkey Connected Mining Market By Deployment Mode
14.3.1.11.3 Turkey Connected Mining Market By Solution
14.3.1.11.4 Turkey Connected Mining Market By Mining Type
14.3.1.11.5 Turkey Connected Mining Market By Service
14.3.1.11.6 Turkey Connected Mining Market By Application
14.3.1.12 Rest of Eastern Europe
14.3.1.12.1 Rest of Eastern Europe Connected Mining Market By Offering
14.3.1.12.2 Rest of Eastern Europe Connected Mining Market By Deployment Mode
14.3.1.12.3 Rest of Eastern Europe Connected Mining Market By Solution
14.3.1.12.4 Rest of Eastern Europe Connected Mining Market By Mining Type
14.3.1.12.5 Rest of Eastern Europe Connected Mining Market By Service
14.3.1.12.6 Rest of Eastern Europe Connected Mining Market By Application
14.3.2 Western Europe
14.3.2.1 Western Europe Connected Mining Market By Country
14.3.2.2 Western Europe Connected Mining Market By Offering
14.3.2.3 Western Europe Connected Mining Market By Deployment Mode
14.3.2.4 Western Europe Connected Mining Market By Solution
14.3.2.5 Western Europe Connected Mining Market By Mining Type
14.3.2.6 Western Europe Connected Mining Market By Service
14.3.2.7 Western Europe Connected Mining Market By Application
14.3.2.8 Germany
14.3.2.8.1 Germany Connected Mining Market By Offering
14.3.2.8.2 Germany Connected Mining Market By Deployment Mode
14.3.2.8.3 Germany Connected Mining Market By Solution
14.3.2.8.4 Germany Connected Mining Market By Mining Type
14.3.2.8.5 Germany Connected Mining Market By Service
14.3.2.8.6 Germany Connected Mining Market By Application
14.3.2.9 France
14.3.2.9.1 France Connected Mining Market By Offering
14.3.2.9.2 France Connected Mining Market By Deployment Mode
14.3.2.9.3 France Connected Mining Market By Solution
14.3.2.9.4 France Connected Mining Market By Mining Type
14.3.2.9.5 France Connected Mining Market By Service
14.3.2.9.6 France Connected Mining Market By Application
14.3.2.10 UK
14.3.2.10.1 UK Connected Mining Market By Offering
14.3.2.10.2 UK Connected Mining Market By Deployment Mode
14.3.2.10.3 UK Connected Mining Market By Solution
14.3.2.10.4 UK Connected Mining Market By Mining Type
14.3.2.10.5 UK Connected Mining Market By Service
14.3.2.10.6 UK Connected Mining Market By Application
14.3.2.11 Italy
14.3.2.11.1 Italy Connected Mining Market By Offering
14.3.2.11.2 Italy Connected Mining Market By Deployment Mode
14.3.2.11.3 Italy Connected Mining Market By Solution
14.3.2.11.4 Italy Connected Mining Market By Mining Type
14.3.2.11.5 Italy Connected Mining Market By Service
14.3.2.11.6 Italy Connected Mining Market By Application
14.3.2.12 Spain
14.3.2.12.1 Spain Connected Mining Market By Offering
14.3.2.12.2 Spain Connected Mining Market By Deployment Mode
14.3.2.12.3 Spain Connected Mining Market By Solution
14.3.2.12.4 Spain Connected Mining Market By Mining Type
14.3.2.12.5 Spain Connected Mining Market By Service
14.3.2.12.6 Spain Connected Mining Market By Application
14.3.2.13 The Netherlands
14.3.2.13.1 Netherlands Connected Mining Market By Offering
14.3.2.13.2 Netherlands Connected Mining Market By Deployment Mode
14.3.2.13.3 Netherlands Connected Mining Market By Solution
14.3.2.13.4 Netherlands Connected Mining Market By Mining Type
14.3.2.13.5 Netherlands Connected Mining Market By Service
14.3.2.13.6 Netherlands Connected Mining Market By Application
14.3.2.14 Switzerland
14.3.2.14.1 Switzerland Connected Mining Market By Offering
14.3.2.14.2 Switzerland Connected Mining Market By Deployment Mode
14.3.2.14.3 Switzerland Connected Mining Market By Solution
14.3.2.14.4 Switzerland Connected Mining Market By Mining Type
14.3.2.14.5 Switzerland Connected Mining Market By Service
14.3.2.14.6 Switzerland Connected Mining Market By Application
14.3.2.15 Austria
14.3.2.15.1 Austria Connected Mining Market By Offering
14.3.2.15.2 Austria Connected Mining Market By Deployment Mode
14.3.2.15.3 Austria Connected Mining Market By Solution
14.3.2.15.4 Austria Connected Mining Market By Mining Type
14.3.2.15.5 Austria Connected Mining Market By Service
14.3.2.15.6 Austria Connected Mining Market By Application
14.3.2.16 Rest of Western Europe
14.3.2.16.1 Rest of Western Europe Connected Mining Market By Offering
14.3.2.16.2 Rest of Western Europe Connected Mining Market By Deployment Mode
14.3.2.16.3 Rest of Western Europe Connected Mining Market By Solution
14.3.2.16.4 Rest of Western Europe Connected Mining Market By Mining Type
14.3.2.16.5 Rest of Western Europe Connected Mining Market By Service
14.3.2.16.5 Rest of Western Europe Connected Mining Market By Application
14.4 Asia-Pacific
14.4.1 Asia Pacific Connected Mining Market By Country
14.4.2 Asia Pacific Connected Mining Market By Offering
14.4.3 Asia Pacific Connected Mining Market By Deployment Mode
14.4.4 Asia Pacific Connected Mining Market By Solution
14.4.5 Asia Pacific Connected Mining Market By Mining Type
14.4.6 Asia Pacific Connected Mining Market By Service
14.4.7 Asia Pacific Connected Mining Market By Application
14.4.8 China
14.4.8.1 China Connected Mining Market By Offering
14.4.8.2 China Connected Mining Market By Deployment Mode
14.4.8.3 China Connected Mining Market By Solution
14.4.8.4 China Connected Mining Market By Mining Type
14.4.8.5 China Connected Mining Market By Service
14.4.8.6 China Connected Mining Market By Application
14.4.9 India
14.4.9.1 India Connected Mining Market By Offering
14.4.9.2 India Connected Mining Market By Deployment Mode
14.4.9.3 India Connected Mining Market By Solution
14.4.9.4 India Connected Mining Market By Mining Type
14.4.9.5 India Connected Mining Market By Service
14.4.9.6 India Connected Mining Market By Application
14.4.10 Japan
14.4.10.1 Japan Connected Mining Market By Offering
14.4.10.2 Japan Connected Mining Market By Deployment Mode
14.4.10.3 Japan Connected Mining Market By Solution
14.4.10.4 Japan Connected Mining Market By Mining Type
14.4.10.5 Japan Connected Mining Market By Service
14.4.10.6 Japan Connected Mining Market By Application
14.4.11 South Korea
14.4.11.1 South Korea Connected Mining Market By Offering
14.4.11.2 South Korea Connected Mining Market By Deployment Mode
14.4.11.3 South Korea Connected Mining Market By Solution
14.4.11.4 South Korea Connected Mining Market By Mining Type
14.4.11.5 South Korea Connected Mining Market By Service
14.4.11.6 South Korea Digital Experience Platform By Application
14.4.12 Vietnam
14.4.12.1 Vietnam Connected Mining Market By Offering
14.4.12.2 Vietnam Connected Mining Market By Deployment Mode
14.4.12.3 Vietnam Connected Mining Market By Solution
14.4.12.4 Vietnam Connected Mining Market By Mining Type
14.4.12.5 Vietnam Connected Mining Market By Service
14.4.12.6 Vietnam Connected Mining Market By Application
14.4.13 Singapore
14.4.13.1 Singapore Connected Mining Market By Offering
14.4.13.2 Singapore Connected Mining Market By Deployment Mode
14.4.13.3 Singapore Connected Mining Market By Solution
14.4.13.4 Singapore Connected Mining Market By Mining Type
14.4.13.5 Singapore Connected Mining Market By Service
14.4.13.6 Singapore Connected Mining Market By Application
14.4.14 Australia
14.4.14.1 Australia Connected Mining Market By Offering
14.4.14.2 Australia Connected Mining Market By Deployment Mode
14.4.14.3 Australia Connected Mining Market By Solution
14.4.14.4 Australia Connected Mining Market By Mining Type
14.4.14.5 Australia Connected Mining Market By Service
14.4.14.6 Australia Connected Mining Market By Application
14.4.15 Rest of Asia-Pacific
14.4.15.1 APAC Connected Mining Market By Offering
14.4.15.2 APAC Connected Mining Market By Deployment Mode
14.4.15.3 APAC Connected Mining Market By Solution
14.4.15.4 APAC Connected Mining Market By Mining Type
14.4.15.5 APAC Connected Mining Market By Service
14.4.15.6 APAC Connected Mining Market By Application
14.5 The Middle East & Africa
14.5.1 Middle East
14.5.1.1 Middle East Connected Mining Market By Country
14.5.1.2 Middle East Connected Mining Market By Offering
14.5.1.3 Middle East Connected Mining Market By Deployment Mode
14.5.1.4 Middle East Connected Mining Market By Solution
14.5.1.5 Middle East Connected Mining Market By Mining Type
14.5.1.6 Middle East Connected Mining Market By Service
14.5.1.7 Middle East Connected Mining Market By Application
14.5.1.8 UAE
14.5.1.8.1 UAE Connected Mining Market By Offering
14.5.1.8.2 UAE Connected Mining Market By Deployment Mode
14.5.1.8.3 UAE Connected Mining Market By Solution
14.5.1.8.4 UAE Connected Mining Market By Mining Type
14.5.1.8.5 UAE Connected Mining Market By Service
14.5.1.8.6 UAE Connected Mining Market By Application
14.5.1.9 Egypt
14.5.1.9.1 Egypt Connected Mining Market By Offering
14.5.1.9.2 Egypt Connected Mining Market By Deployment Mode
14.5.1.9.3 Egypt Connected Mining Market By Solution
14.5.1.9.4 Egypt Connected Mining Market By Mining Type
14.5.1.9.5 Egypt Connected Mining Market By Service
14.5.1.9.6 Egypt Connected Mining Market By Application
14.5.1.10 Saudi Arabia
14.5.1.10.1 Saudi Arabia Connected Mining Market By Offering
14.5.1.10.2 Saudi Arabia Connected Mining Market By Deployment Mode
14.5.1.10.3 Saudi Arabia Connected Mining Market By Solution
14.5.10.4 Saudi Arabia Connected Mining Market By Mining Type
14.5.10.5 Saudi Arabia Connected Mining Market By Service
14.5.10.6 Saudi Arabia Connected Mining Market By Application
14.5.1.11 Qatar
14.5.1.11.1 Qatar Connected Mining Market By Offering
14.5.1.11.2 Qatar Connected Mining Market By Deployment Mode
14.5.1.11.3 Qatar Connected Mining Market By Solution
14.5.1.11.4 Qatar Connected Mining Market By Mining Type
14.5.1.11.5 Qatar Connected Mining Market By Service
14.5.1.11.6 Qatar Connected Mining Market By Application
14.5.1.12 Rest of Middle East
14.5.1.12.1 Rest of Middle East Connected Mining Market By Offering
14.5.1.12.2 Rest of Middle East Connected Mining Market By Deployment Mode
14.5.1.12.3 Rest of Middle East Connected Mining Market By Solution
14.5.1.12.4 Rest of Middle East Connected Mining Market By Mining Type
14.5.1.12.5 Rest of Middle East Connected Mining Market By Service
14.5.1.12.6 Rest of Middle East Connected Mining Market By Application
14.5.2 Africa
14.5.2.1 Africa Connected Mining Market By Country
14.5.2.2 Africa Connected Mining Market By Offering
14.5.2.3 Africa Connected Mining Market By Deployment Mode
14.5.2.4 Africa Connected Mining Market By Solution
14.5.2.5 Africa Connected Mining Market By Mining Type
14.5.2.6 Africa Connected Mining Market By Service
14.5.2.7 Africa Connected Mining Market By Application
14.5.2.8 Nigeria
14.5.2.8.1 Nigeria Connected Mining Market By Offering
14.5.2.8.2 Nigeria Connected Mining Market By Deployment Mode
14.5.2.8.3 Nigeria Connected Mining Market By Solution
14.5.2.8.4 Nigeria Connected Mining Market By Mining Type
14.5.2.8.5 Nigeria Connected Mining Market By Service
14.5.2.8.6 Nigeria Connected Mining Market By Application
14.5.2.9 South Africa
14.5.2.9.1 South Africa Connected Mining Market By Offering
14.5.2.9.2 South Africa Connected Mining Market By Deployment Mode
14.5.2.9.3 South Africa Connected Mining Market By Solution
14.5.2.9.4 South Africa Connected Mining Market By Mining Type
14.5.2.9.5 South Africa Connected Mining Market By Service
14.5.2.9.6 South Africa Connected Mining Market By Application
14.5.2.10 Rest of Africa
14.5.2.10.1 Rest of Africa Connected Mining Market By Offering
14.5.2.10.2 Rest of Africa Connected Mining Market By Deployment Mode
14.5.2.10.3 Rest of Africa Connected Mining Market By Solution
14.5.2.10.4 Rest of Africa Connected Mining Market By Mining Type
14.5.2.10.5 Rest of Africa Connected Mining Market By Service
14.5.2.10.6 Rest of Africa Connected Mining Market By Application
14.6 Latin America
14.6.1 Latin America Connected Mining Market By Country
14.6.2 Latin America Connected Mining Market By Offering
14.6.3 Latin America Connected Mining Market By Deployment Mode
14.6.4 Latin America Connected Mining Market By Solution
14.6.5 Latin America Connected Mining Market By Mining Type
14.6.6 Latin America Connected Mining Market By Service
14.6.7 Latin America Connected Mining Market By Application
14.6.8 Brazil
14.6.8.1 Brazil Connected Mining Market By Offering
14.6.8.2 Brazil Africa Connected Mining Market By Deployment Mode
14.6.8.3Brazil Connected Mining Market By Solution
14.6.8.4 Brazil Connected Mining Market By Mining Type
14.6.8.5 Brazil Connected Mining Market By Service
14.6.8.5 Brazil Connected Mining Market By Application
14.6.9 Argentina
14.6.9.1 Argentina Connected Mining Market By Offering
14.6.9.2 Argentina Connected Mining Market By Deployment Mode
14.6.9.3 Argentina Connected Mining Market By Solution
14.6.9.4 Argentina Connected Mining Market By Mining Type
14.6.9.5 Argentina Connected Mining Market By Service
14.6.9.6 Argentina Connected Mining Market By Application
14.6.10 Colombia
14.6.10.1 Colombia Connected Mining Market By Offering
14.6.10.2 Colombia Connected Mining Market By Deployment Mode
14.6.10.3 Colombia Connected Mining Market By Solution
14.6.10.4 Colombia Connected Mining Market By Mining Type
14.6.10.5 Colombia Connected Mining Market By Service
14.6.10.6 Colombia Connected Mining Market By Application
14.6.11 Rest of Latin America
14.6.11.1 Rest of Latin America Connected Mining Market By Offering
14.6.11.2 Rest of Latin America Connected Mining Market By Deployment Mode
14.6.11.3 Rest of Latin America Connected Mining Market By Solution
14.6.11.4 Rest of Latin America Connected Mining Market By Mining Type
14.6.11.5 Rest of Latin America Connected Mining Market By Service
14.6.11.6 Rest of Latin America Connected Mining Market By Application
15. Company Profile
15.1 Cisco
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Product/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 IBM.
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Product/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Eurotech Communication.
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Product/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 SAP.
15.4.1 Company Overview
15.4.2 Financials
15.4.3 Product/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 ABB
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Product/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Schneider Electric.
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Product/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Rockwell Automation
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Product/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Komatsu.
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Product/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 Trimble.
15.9.1 Company Overview
15.9.2 Financials
15.9.3 Product/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 Siemens.
15.10.1 Company Overview
15.10.2 Financials
15.10.3 Product/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. USE Cases and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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