Global Industrial Internet of Things (IIoT) Market size was US$ XX Bn in 2020 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX % during forecast period.
Industrial Internet of Things (IIoT) Market Overview:
The Industrial Internet of Things (IIoT) Market size was valued at USD 182.13 Billion in 2023 and the total Industrial Internet of Things (IIoT) revenue is expected to grow at a CAGR of 7.3% from 2024 to 2030, reaching nearly USD 298.25 Billion by 2030.
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Market Scope:
The Industrial Internet of Things (IIoT) integrates smart sensors, actuators, and devices to optimize manufacturing and industrial processes through data collection, exchange, and analysis. It spans sectors like manufacturing, energy management, utilities, and oil and gas. IIoT leverages intelligent machines and real-time analytics to enhance efficiency, quality control, sustainability, and supply chain traceability. It supports predictive maintenance, energy management, and asset tracking, benefiting industries worldwide. Technological advancements, operational efficiency focus, and collaborations drive market growth. The manufacturing sector dominates, while logistics and transportation show high growth potential. North America leads in adoption, with Asia Pacific exhibiting significant growth due to increasing factory automation and industry 4.0 initiatives.
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Segmentation:
by Software
PLM
MES
SCADA
Outage Management System
Distribution Management System
Visualization Software
Transit Management System
Remote Patient Monitoring
Farm Management System
by Vertical
Manufacturing
Energy
Oil Gas
Metal Mining
Healthcare
Retail
Transportation
Agriculture
by Component
Hardware
Software
Services
Key Players: the key players are
Industrial Internet of Things (IIoT) Providers in North America
1. Cisco - United States
2. GE (General Electric) - United States
3. Intel - United States
4. Rockwell Automation - United States
5. Texas Instruments - United States
6. Honeywell - United States
7. IBM (International Business Machines Corporation) - United States
8. PTC - United States
9. ATT - United States
10. Qualcomm - United States
11. Accenture - United States
12. Amazon - United States
Industrial Internet of Things (IIoT) Providers in Europe
13. ABB - Switzerland
14. Bosch - Germany
15. Atos - France
16. Kuka - Germany
Industrial Internet of Things (IIoT) Providers in Asia-Pacific:
17. Huawei Technologies - China
18. NEC Corporation - Japan
Regional Analysis:
The report has assessed the global Industrial Internet of Things (IIoT) Market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
Key Questions answered in the Lithium Metal Market Report are:
- Which key trends are likely to emerge in the Industrial Internet of Things (IIoT) Market in the forecast period?
- What will be the Industrial Internet of Things (IIoT) Market size by 2027?
- Which company had the biggest share in the Industrial Internet of Things (IIoT) Market in 2020?
