Industrial IoT Market 2020 Analysis by Trends, Size, Share, Growth Opportunities, Emerging Technologies, Regional, Key Players and Forecast to 2026

A new business intelligence report released by POLARIS MARKET RESEARCH with Industrial IoT Market in Fintech Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020-2026”. The Report provides in-depth analysis of the Industrial IoT Market at global and key country level.

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.

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The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:

• Industry Trends, opportunity and challenges in the market
• Role of key players across the value chain
• End-User analysis to define the market strategy
• Competitive mapping
• Regional and country level breakdown

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.

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

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

For instance, the government of Germany is sponsoring a multi-year strategic initiative ‘Industries 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.

Key Questions Answered in the Report:

 What are the trends in the global metal Industrial IoT (IIoT) Market across different regions?

 What are the major driving forces that tend to increase the demand for the global metal Industrial IoT (IIoT) Market during the forecast period, 2020-2026?

 What are the major challenges inhibiting the growth of the global metal Industrial IoT (IIoT) Market?

 Who are the key players in the global metal Industrial IoT (IIoT) Market?

 What are the new strategies adopted by the existing market players to make a mark in the industry?

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Table of Contents
• Overview and Scope
• Executive Summary
• Industrial IoT Market Insights
• Industrial IoT Market Size and Forecast by Technology & Solutions
• Industrial IoT Market Size and Forecast by Service
• Industrial IoT Market Size and Forecast by End-Use Vertical
• Industrial IoT Market Size and Forecast by Regions
• Company Profiles

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Polaris Market Research is a global market research and consulting company. 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

This release was published on openPR.