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Industrial IoT (IIoT) Market Global 2020 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2025

03-05-2020 01:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Industrial IoT (IIoT) Market Global 2020 Trends, Market Share,

According to Market Study Report, Industrial IoT (IIoT) Market provides a comprehensive analysis of the Industrial IoT (IIoT) Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Industrial IoT (IIoT) Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global IIoT Market size is expected to grow from US$ 77.3 Billion in 2020 to USD 110.6 Billion by 2025, at a CAGR of 7.4% during the forecast period. This report spread across 186 Pages, Profiling 10 Companies and Supported with 95 Tables and 49 figures are now available in this research.

Top Companies profiled in the Industrial IoT (IIoT) Market:
o ARM (UK)
o Cisco (US)
o GE (US) Intel (US)
o Rockwell Automation (US)
o ABB(Switzerland)
o Texas Instruments(US)
o Dassault Systčmes (France)
o Honeywell (US)
o Huawei Technologies (China)
o IBM (US)
o KUKA (Germany)
o NEC Corporation (Japan)
o Bosch (Germany)
o Siemens AG (Germany)
o PTC (US)

"Networking technology to hold the largest share of the IIoT market in 2025."
Networking technology is expected to hold the largest share of the IIoT industry by device & technology in 2025. Both wired and wireless technologies are integral for machine-to-machine (M2M) connectivity to gather real-time data from industrial machinery across different geographies.

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"Market for agriculture vertical to grow at the highest rate during the forecast period."
Owing to the increasing adoption of new technologies, such as global positioning systems, remote sensing, and variable rate technology, in precision farming, the IIoT market for the agriculture vertical is expected to grow at the largest CAGR during the forecast period.

"APAC to hold the largest share of the IIoT industry during the forecast period."
APAC is expected to be the largest market for IIoT during the forecast period. Dense population and growing per capita income, along with large-scale industrialization and urbanization, are some of the major factors driving the growth of the IIoT market in APAC.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 21%, Tier 2 = 32%, and Tier 3 = 47%
o By Designation: C-level Executives = 46%, Directors= 29%, and Others = 25%
o By Region: North America = 44%, Europe = 29%, APAC = 18%, and RoW = 9%

Competitive Landscape of Industrial IoT (IIoT) Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Leadership Mapping (Overall Market)
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Business Strategy Excellence (For All 25 Players)
5 Strength of Product Portfolio (For All 25 Players)
6 Competitive Situation and Trends
6.1 Product Launches
6.2 Partnerships, Collaborations, and Agreements
6.3 Mergers and Acquisitions
6.4 Expansions

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Research Coverage:
The IIoT market has been segmented based on device & technology, software, connectivity, vertical, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the IIoT industry and forecasts the same till 2025.

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