Press release
Industrial Internet of Things (IIoT) Market - Improved Productivity with IIoT Systems Favors Growth
The ability of IIoT systems to analyze data and offer solutions to improve productivity has won heart of consumers across various industrial verticals. Today, they are being used for industrial as well as for personal usages. The remarkable developments in the cloud technology has propelled the global market in recent years. Integration of cloud solutions has enabled better accessibility, affordability, and unlimited storage for end users. The global IIoT market has also received a push with initiatives such as Industrial Internet Consortium (IIC) established by companies such as AT&T Inc., Cisco Systems Inc., Intel Corporation, General Electric Company, and International Business Machine (IBM) Corporation.
Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11498
Analysts anticipate that the increasing availability of low-priced and exceptionally efficient sensors will also contribute to the growth of the global market. Furthermore, the lack of margin for error in industries such as defense, aerospace, healthcare, energy, transportation, and manufacturing is projected to boost the adoption of IIoT systems. The phenomenal innovation in big data analytics is also expected to create several lucrative opportunities for the overall market in the near future.
Geographically, the global IIoT market is segmented into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. Of these, North America is expected to dominate the overall market in the coming years due to high awareness about technological innovations in the region. Analysts expect that Asia Pacific will also show a steady growth in the market due to the growth of the manufacturing and healthcare industry.
Some of the leading players operating in the global industrial internet Schneider Electric SE, General Electric Company, Intel Corporation, Cisco Systems Inc., International Business Machine (IBM) Corporation, Huawei Technology Co. Ltd., AT&T Inc., Siemens AG, Robert Bosch GmbH, Rockwell Automation Inc., and Accenture PLC. The research report provides a fair assessment of these market players and elaborates on their business and marketing strategy for the coming few years. Additionally, the publication also provides an explanation about the threat from substitutes and new entrants with the help of a Porter’s five forces analysis. The research report has been aimed at giving the readers a comprehensive overview of the global market in a detailed manner.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Internet of Things (IIoT) Market - Improved Productivity with IIoT Systems Favors Growth here
News-ID: 471892 • Views: …
More Releases from Transparency Market Research Technology
Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others
The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers…
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the…
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.…
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with…
More Releases for IIoT
IIOT Platform Market - Clearer Insights, Better Diagnoses: Explore the Latest II …
The Industrial Internet of Things (IIoT) has emerged as a transformative technology, reshaping industries and redefining business operations. IIoT platforms serve as the foundation for connecting devices, collecting data, and enabling intelligent decision-making in various industrial sectors. This report aims to provide a comprehensive analysis of the IIoT Platform Market, including its drivers, challenges, SWOT analysis, regional trends, and future outlook.
The Global IIoT Platform Market to Witness Robust growth During…
MARKETSANDMARKETS INDUSTRY 4.0 CONFERENCE: CYBER SECURITY & IIOT INVITES CYBER S …
Chicago, June 17 – Focused on the impact of two technologies i.e, Cyber Security & IIoT, on manufacturers, MarketsandMarkets Industry 4.0 Conference: Cyber Security & IIOT, is addressing a series of application-based illustrations and discussions to map the future possibility of trends in the manufacturing world. Discussing solutions to the challenges faced, see the future of manufacturing from leading experts and industry leaders presenting their proven strategies and solutions.
The 2-day…
Industrial Internet of Things (IIoT) Market: Rising Adoption of IIoT by The Tran …
Deployment of Internet of Things (IoT) in industries to modernize manufacturing processes is referred to as Industrial Internet of Things (IIoT). IIoT incorporates machine learning, Big Data technology, and machine-to-machine (M2M) communication, adopting the sensor data and automation technologies that already exist in the industries. IIoT helps to improve visibility, operational efficiency, increases productivity, and reduces complexity in the process. Large collected data helps in predictive maintenance which can generate…
Industrial Internet of Things (IIoT) Market - Increasing Demand For IIoT From Th …
According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated…
Industrial Internet of Things (IIoT) Market - Increasing Demand For IIoT From Th …
According to a new market report pertaining to Industrial Internet of Things (IIoT), published by Transparency Market Research, the global IIoT market is expected to reach US$ 991,562.0 Mn by 2026, expanding at a CAGR of 24.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Industrial internet of things hardware connectivity devices is anticipated…
Broadband for IIoT - Technology Overview
BII™ (/Bee/, Broadband for Industrial Internet) is an innovative and patented long range wireless broadband networking technology developed by Doodle Labs. Standing on the shoulders of the underlying state-of-the-art MIMO technology used by the ubiquitous IEEE 802.11 (Wi-Fi), BII further extends the technology to facilitate deployment of high performance mobile networks. BII focuses on high reliability data communication over long distances and frequency flexibility for licensed and license free bands.…
