Press release
Industrial IoT Platform Market is Booming Worldwide | Huawei, Cisco, GE
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Scope of the Report of Industrial IoT Platform
The industrial Internet of Things (IIoT) platforms as a set of integrated software capabilities. The aggressive rate of IIoT adoption in line with the advances in technology as well as the easing availability of affordable sensors and processors, which can facilitate real-time access to information, is anticipated to boost the development of the industrial internet of things market over the upcoming period. An IIoT platform should also be able to orchestrate functions such as machine learning, using edge computing, as the volume of time-series data in some forms of manufacturing is too great to transfer to the cloud, Hughes said. Also, the latency required to act upon the data such as in safety or critical situations is too long in the cloud.
The titled segments and sub-section of the market are illuminated below:
by Application (Asset Management, Remote Monitoring, Network System Management), Industry Vertical (Aviation, Manufacturing, Oil and gas, Power and utilities, Others), Component (Cameras, Processing units, Sensors)
Market Trends:
Increasing Popularity of artificial intelligence (AI) and the Internet of Things (IoT) in the manufacturing sector
Opportunities:
The Upsurging application of AI and IoT in the medical sector during the pandemic
Market Drivers:
High Adoption due to Standardization of IPv6
The increasing number of connected gadgets
Market Leaders and their expansionary development strategies:
In April 2023, Intel, in partnership with John Deere, provided its AI technology to help solve a costly, age-old problem in the manufacturing welding process. Deere is piloting a solution that uses computer vision to automatically spot common defects in the automated welding process in its manufacturing facilities.
In February 2023, Cisco partnered with Newark, an Avnet Company, to offer industrial IoT network solutions for harsh and non-carpeted environments to customers across North America.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Industrial IoT Platform Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Industrial IoT Platform market
Chapter 2: Exclusive Summary - the basic information of the Industrial IoT Platform Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Industrial IoT Platform
Chapter 4: Presenting the Industrial IoT Platform Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Industrial IoT Platform market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Industrial IoT Platform Market is a valuable source of guidance for individuals and companies.
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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