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Global Industrial IoT Market Key Information By Top Industry Player: Microsoft Corporation, Siemens AG, Intel Corporation, IBM Corporation And Other

02-14-2019 04:38 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Industrial IoT

Industrial IoT

The global Industrial Internet of Things (IIoT) market is anticipated to reach USD 771.72 billion by 2026. Industries worldwide are looking for new business models to construct a connected enterprise for merging their operational and information departments. This transformation is expected to enhance the overall productivity, operational efficiency, and visibility as well as decrease the complexities of diverse procedures in the industry. The capability of IIoT to decrease costs is the major factor responsible for its high adoption by the industries. Other factors include increased productivity, time-to-market, and process automation. Moreover, decreasing sensors prices has also helped in the reduction of overall costs related to data collection and analytics.

Request for a Sample of This Report @ https://www.polarismarketresearch.com/industry-analysis/industrial-internet-of-things-iiot-market/request-for-free-sample

Top Key Manufactures:

• Microsoft Corporation
• Siemens AG
• Intel Corporation
• IBM Corporation
• ABB Ltd.
• Cisco Systems, Inc.
• General Electric Company
• Rockwell Automation, Inc.
• ARM Ltd.
• Kuka AG

The role of IIoT is becoming more prominent in allowing easy access to machines and devices. The adoption of IIoT is further anticipated to escalate globally attributed to increasing innovative efforts by major players such as GE, Cisco and Huawei, as well as increasing initiatives sponsored by governments. For instance, the government of Germany is sponsoring a multi-year strategic initiative ‘Industrie 4.0’, focused on uniting the major participants from public and private sectors along with academia for the creation of an action plan and a broad vision to implement digital technologies in the country’s industrial sector. Furthermore, “Made in China 2025” initiative of the Chinese government is helping the promotion and integration of digital technologies in the industrial sector of China.

The market in the Asia Pacific region is projected to grow at the fastest CAGR owing to considerable adoption of IIoT in the countries such as Japan, Taiwan and China. Manufacturing companies across these countries are recognizing the advantages offered by the implementation of IIoT in their production line. China is the dominating country in the Asia Pacific market due to the presence of several manufacturing companies in the region and high adoption of automation technologies.

For More Details about this report: https://www.polarismarketresearch.com/industry-analysis/industrial-internet-of-things-iiot-market

Key Segment:

Industrial IoT by Technology & Solutions:

• Technology & Solutions
• Sensors
• Analytics
• Networking Technology
• Security Solutions
• Industrial Robotics
• Device Management
• Remote Monitoring
• Data Management
• Application Management
• Connectivity Management

Industrial IoT by Service:

• Consulting Services
• Managed Services

Industrial IoT by End-Use Vertical:

• Manufacturing
• Utilities
• Oil & Gas
• Transportation & Logistics
• Retail
• Energy & Power
• Agriculture
• Healthcare
• Others

Industrial IoT by Region:

• North America - (US., Canada, Mexico)
• Europe - (Germany, UK, France, Italy, Rest of Europe)
• Asia-Pacific - (China, India, Japan, Rest of Asia-Pacific)
• Latin America - (Brazil, Mexico, Middle East & Africa)

Make Inquiry about this report @ https://www.polarismarketresearch.com/industry-analysis/industrial-internet-of-things-iiot-market/inquire-before-buying

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Contact us-

Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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