openPR Logo
Press release

Industrial Internet Of Things Market: New Era Of Corporate Intruders Coming In Through Devices

06-07-2018 05:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Industrial Internet Of Things Market: New Era Of Corporate

According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated to grow in the coming years.

Increasing demand for IIoT from the transportation sector is driving the global Industrial Internet of Things (IIoT) market

In the global Industrial Internet of Things (IIoT) market, increasing adoption of IIoT solutions and services in transportation to reduce the number of accidents and parking delays is the major factor driving the market. IIoT is playing a major role to overcome challenges in every industry. The transportation industry is facing challenges such as increasing congestion and traffic issues in metropolitan areas.

Browse Report Details https://www.transparencymarketresearch.com/industrial-internet-of-things-iiot-market.html

To help the transportation sector, many companies have started developing advanced systems for collecting tolls to reduce time on highways and avoid congestions. There are many other systems developed to deal with traffic issues, emergency systems, tracking devices (for tracking vehicles and sending location information in an emergency scenario), and driving behavior solutions to keep track of the driving skills and avoid rash driving and accidents. Further, governments are also taking initiatives to deploy advanced systems for the transportation & logistics industry.

Industrial Internet of Things (IIoT) Market Analysis:

The global Industrial Internet of Things (IIoT) market is broadly segmented by component and end-use. According to the research study, the software segment of the market held the maximum share and is anticipated to expand at a CAGR of above 26% through 2026. The software segment’s revenue contribution is primarily due to significant deployment of IIoT solutions across industries such as aviation, power generation & utility, manufacturing and others.The software segment is anticipated to remain dominant over the forecast period. In the current Industrial Internet of Things (IIoT) market, services include systems integration, consulting services, and support & maintenance services.

Brochure for Technical insights https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11498

System integration services are likely to grow in the coming years. Further, the report predicts that the hardware segment is anticipated to witness remarkable growth over the forecast period 2018 – 2026. Within hardware, connectivity devices segment is anticipated to contribute significant market revenue share and is anticipated to remain dominant throughout the forecast period. As per TMR analysis, the manufacturing end-use segment of the Industrial Internet of Things (IIoT) market is anticipated to grab maximum market share in 2018 and a similar trend is expected to be seen over the forecast period. There is increasing deployment of IIoT solutions and services in the manufacturing and healthcare sector for automation of processes (manufacturing) and advanced heath monitoring devices (health care).

North America held the largest market revenue share of the Industrial Internet of Things (IIoT) market in 2017. Increasing adoption of advanced solutions for automation in the industry is expected to drive the market across North America. APAC followed by Europe is anticipated to grow in the IIoT market during the forecast period. Analyzing the Asia Pacific IIoT market at the country level, in 2017, China held majority of revenue share of the Asia Pacific market followed by Japan. However, in terms of revenue generation, India is anticipated to grow with healthy and significant CAGR over the forecast period.

Request For Custom Research https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=11498

Global Industrial Internet of Things (IIoT) Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global Industrial Internet of Things market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players in the market are IBM Corporation, Intel Corporation, Schneider Electric SE, General Electric Company, Emerson Electric, ABB Ltd., Accenture PLC, Tech Mahindra Ltd., Softweb Solutions Inc., Sasken Technologies Ltd., ZIH Corp., Siemens AG, Robert Bosch GmbH, NEC Corporation and among others. Various business strategies such as companies focusing on expanding their business by developing strategic partnerships and by offering innovative solutions in the end-use market are being adopted by key leaders.

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Internet Of Things Market: New Era Of Corporate Intruders Coming In Through Devices here

News-ID: 1074806 • Views: 602

More Releases from Transparency Market Research

Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The

All 5 Releases


More Releases for IIoT

Global Industrial Internet of Things (IIoT) Market
Global Industrial Internet of Things (IIoT) Market is expected to grow from US$ 59.54 Bn in 2017 to cross US$ 92.40 Bn by 2024, with a CAGR of approximately 7.39% between the forecasting period of 2019 to 2024. Industrial IoT Market Global Industrial Internet of Things (IIoT) Market is segmented into technology, software, vertical, and region. On the basis of technology, market is segmented into Sensor, RFID, Industrial Robotics, DCS, Condition
Global IIoT Platform Market 2018-2025
Press Release – 26 Nov 2018 Research and Development News -- . . Latest Update "Global IIoT Platform Market Size,Status and Forecast 2018-2025" with Industries Survey | Global Current Growth and Future. ' ' An IIoT platform is a set of hardware and software facilities that assist and support applications for industrial companies using the internet to connect devices and equipment. This use of the internet is now commonly called the Industrial Internet of
Industrial Internet of Things (IIoT) Market - Increasing Demand For IIoT From Th …
According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated
Broadband for IIoT - Technology Overview
BII™ (/Bee/, Broadband for Industrial Internet) is an innovative and patented long range wireless broadband networking technology developed by Doodle Labs. Standing on the shoulders of the underlying state-of-the-art MIMO technology used by the ubiquitous IEEE 802.11 (Wi-Fi), BII further extends the technology to facilitate deployment of high performance mobile networks. BII focuses on high reliability data communication over long distances and frequency flexibility for licensed and license free bands.
Industrial Internet of Things (IIoT) Market - Inreasing Demand For IIoT From The …
According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated
Industrial Internet of Things (IIoT) Market: Rising Adoption of IIoT by The Tran …
According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated