IIoT Platform Market to Reach US$ 13.82 Billion Growing at CAGR 33.4% to 2023| Top Kay Players like PTC, SAP, IBM, Hitachi, Accenture etc.

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The global IIoT Market size is expected to grow from US$ 3.27 Billion in 2018 to US$ 13.82 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 33.4% during the forecast period. Major growth factors for the market include increasing demand for predictive and proactive maintenance solutions, the growing need for centralized monitoring, integrating IT and OT, and the rising adoption of next-generation technologies.

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Top Key Players in this “IIoT Platform Market” include are
• PTC (US)
• SAP (Germany)
• IBM (US)
• Hitachi (Japan)
• Accenture (US)
• Atos (France)
• Altizon (US)
• Flutura (US)
• Oracle (US)

Complete report on IIoT Platform Market spread across 146 pages, profiling 25 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1731740 .

North America is expected to hold the largest market size in the global IIoT market, as it is a technologically advanced region. Top countries contributing to the IIoT market in the region include the US and Canada. Large US cities are using IIoT platform technologies to solve specific problems in sectors such as health, transportation, sanitation, public safety, economic development, sustainability, and street maintenance. Canada is expected to hold the second-largest share of the North American IIoT platform market.

China is one of the biggest manufacturing hubs in the world and is actively adopting the smart manufacturing strategy to develop its manufacturing sector and reform and strengthen the Chinese industry over the next 10 years. Automation at manufacturing sites in Japan has been accelerating due to the use of sensors and other devices. In India, the government is driving IoT adoption by investing in smart cities and promoting startups.

Study Objectives:
The key objective of the report is to define, describe, and forecast the IIoT platform market size by platform type, application area, vertical (process industry and discrete industry), and regions. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. It forecasts the market size with respect to 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies.

Target Audience
• Machine-to-Machine (M2M) providers
• IIoT platform providers
• Technology providers
• Public policymakers
• IIoT infrastructure providers
• Regulatory agencies
• Governments

Research Coverage:
The report includes an in-depth competitive analysis of the key players in the IIoT market, along with their company profiles, recent developments, and key market strategies. The report segments the IIoT market by platform type, application area, vertical (process industry, discrete industry),and regions.

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