Global Industrial Internet of Things Market

reogma|Global Industrial Internet of Things Market

The total market size of the global Industrial Internet of Things market is valued at USD 216.13 billion in the year 2020.

Its market value is expected to grow at a CAGR of 22.8 % within the forecasted time horizon of 2020-2025 because of increasing number of connected gadgets, increasing adoption of digital manufacturing strategies, rising use of IoT in the manufacturing sector, and favorable governmental policies.

However, rising issues of cyberattacks and inadequate IT infrastructure might restrain the growth and development of this market. Its market value is expected to reach USD 603.54 billion by the end of the year 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

The Internet of Things in industrial sector is concerned with the integration of the industrial machine sensors and actuators with the internet facilities to improve the performance of the industries. The IoT is applied for asset management, remote servicing, operational intelligence, advanced analytics, predictive maintenance, and remote monitoring in the industrial sector.

The adoption of the internet of things in the industrial sector is concerned with the multiple number of pros in terms of work efficiency, accuracy and safety. Its use can ensure the safety of the workforce, reducing the operational expenses and increasing the productivity of the workers.

Based on the type of components, the global industrial internet of things market consists of solutions, services and platforms. Here, solution includes remote monitoring, data management, analytics, security solutions, and others. Services include professional and managed. Platforms include connectivity management, application management, and device management.

Based on the applications, the global IIoT market is comprised of manufacturing, energy & power, oil & gas, healthcare, logistic & transport, and others.

As the type of software used are considered, it includes farm management systems, remote patient monitoring systems, distribution management systems, and others.

reogma|Global Industrial Internet of Things Market


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Tue Sep 14 , 2021
The total market size of the global Industrial Internet of Things market is valued at USD 216.13 billion in the year 2020. Its market value is expected to grow at a CAGR of 22.8 % within the forecasted time horizon of 2020-2025 because of increasing number of connected gadgets, increasing […]
reogma|Global Industrial Internet of Things Marketreogma|Global Industrial Internet of Things Market

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