Industrial Internet of Things Market Size | COVID-19 Impact Analysis | Forecast to 2027

The global Industrial Internet of Things market size was valued at USD 161.14 billion in 2018 and is anticipated to register a CAGR of 29.4% during the forecast period. Growing trend of processing the contextually rich and real-time data streams generated by IoT networks and sensors using machine learning and artificial intelligence is expected to drive the growth.

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Key Market Players

The major players in the global IIoT market are ARM holding (UK), Cisco (US), GE (US) Intel (US), Rockwell Automation (US), ABB (Switzerland), Texas Instruments (US), Dassault Systèmes (France), Honeywell (US), Huawei Technologies (China), IBM (US), KUKA AG(Germany), NEC Corporation (Japan), Bosch.IO (Germany), Siemens AG (Germany), and PTC (US).

Industrial Internet of Things Market Segmentation

By Device & Technology:

• Sensors
• RFID
• Industrial Robotics
• Distributed Control System
• Condition Monitoring
• Smart Meters
• Smart Beacon
• Yield Monitoring
• Electronic Shelf Label
• Cameras
• Guidance & Steering
• GPS/GNSS
• Interface Board
• Flow & Application Control Device
• Networking Technology

By Software:

• PLM
• MES
• SCADA
• Outage Management System
• Distribution Management System
• Visualization Software
• Transit Management Systems
• Retail Management Software
• Remote Patient Monitoring
• Farm Management System

By Connectivity:

• Wired technology
• Wireless technology
• Field technology

By Vertical:

• Manufacturing
• Energy
• Oil &Gas
• Metal & Mining
• Healthcare
• Retail
• Transportation
• Agriculture

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Industrial Internet Of Things Market Report

• What was the Industrial Internet Of Things Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Industrial Internet Of Things Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Industrial Internet Of Things Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.