Industrial internet of things market in APAC to grow to US$ 225 B by 2023

reogma|Industrial internet of things market in APAC to grow to US$ 225 B by 2023

APAC IIoT is a dynamic industry and is expected to propel 24.3% CAGR and reach US$ 225 billion by 2023. This is primarily due to large-scale industrialization in countries such as China, India, and Japan. Due to the implementations of IIoT, as an enabler of operational efficiency, for industries like automotive and manufacturing, the future looks promising.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market  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 (IoT) has brought everything connected through internet. This connected network offers new opportunities to enhance operations across manufacturing, energy, agriculture, transportation and other infrastructure sectors of the economy.

The industrial Internet of Things (IIoT) is a part of the large IoT network that is linked to intelligent devices, computers, and objects, which helps collect and share enormous amount of data. IIoT aids to greatly improve the efficiency, connectivity, scalability, cost, and time savings.

IIoT brings together two separate technologies:

  • Enterprise IT for resource planning and decision support systems
  • Operations technology that controls machines/equipment, manufacturing and the related processes

Leveraging this will also require equipping the workforce with adequate skills, and this requires preparation .


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APAC IIoT is a dynamic industry and is expected to propel 24.3% CAGR and reach US$ 225 billion by 2023. This is primarily due to large-scale industrialization in countries such as China, India, and Japan. Due to the implementations of IIoT, as an enabler of operational efficiency, for industries like […]
reogma|Industrial internet of things market in APAC to grow to US$ 225 B by 2023reogma|Industrial internet of things market in APAC to grow to US$ 225 B by 2023

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