Industrial IoT Market Market Set to Exceed $771.7 Billion By 2026 | CAGR 24.3%
Forecast to 2020
Industrial IoT Market Size Worth $771.7 Billion By 2026
“Industrial IoT (IIoT) Market [(By Technology & Solutions); By Service (Consulting, Managed Services); By End-Use Vertical (Manufacturing, Utilities, Oil & Gas, Transportation & Logistics, Retail, Energy & Power, Agriculture, Healthcare, Others); By Regions]: Market Size & Forecast to 2026” According to a new study published by Polaris Market, the global Industrial Internet of Things (IIoT) market is anticipated to reach USD 771.72 billion by 2026 Industries worldwide are looking for new business models to construct a connected enterprise for merging their operational and information departments. This transformation is expected to enhance the overall productivity, operational efficiency, and visibility as well as decrease the complexities of diverse procedures in the industry. The capability of IIoT to decrease costs is the major factor responsible for its high adoption by the industries. Other factors include increased productivity, timeto-market, and process automation. Moreover, decreasing sensors prices has also helped in the reduction of overall costs related to data collection and analytics. The role of IIoT is becoming more prominent in allowing easy access to machines and devices. The adoption of IIoT is further anticipated to escalate globally attributed to increasing innovative efforts by major players such as GE, Cisco and Huawei, as well as increasing initiatives sponsored by governments. For instance, the government of Germany is sponsoring a multi-year strategic initiative ‘Industrie 4.0’, focused on uniting the major participants from public and private sectors along with academia for the creation of an action plan and a broad vision to implement digital technologies in the country’s industrial sector. Furthermore, “Made in China 2025” initiative of the Chinese government is helping the promotion and integration of digital technologies in the industrial sector of China. Browse Detailed Research Report On Industrial IoT Market Analysis: https://www.polarismarketresearch.com/industry-analysis/industrial-internet-of-things-iiotmarket The market in the Asia Pacific region is projected to grow at the fastest CAGR owing to considerable adoption of IIoT in the countries such as Japan, Taiwan and China. Manufacturing companies across these countries are recognizing the advantages offered by the implementation of IIoT in their production line. China is the dominating country in the Asia Pacific market due to the presence of several manufacturing companies in the region and high adoption of automation technologies. Some of the major players operating in the Industrial IoT include Corning Incorporated, ABB Ltd., Cisco Systems, Inc., General Electric Company, Siemens AG, Rockwell Automation, Inc., IBM Corporation, Microsoft Corporation, ARM Ltd., Intel Corporation, and Kuka AG among others.
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Industrial IoT Market Size Worth $771.7 Billion By 2026
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Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Industrial IoT Market Insights 3.1. Industrial IoT – Industry snapshot 3.2. Industrial IoT - Ecosystem analysis 3.3. Industrial IoT market dynamics 3.3.1. Industrial IoT – Market Forces 3.3.1.1. Industrial IoT Market driver analysis 3.3.1.2. Industrial IoT Market restraint/challenges analysis 3.3.1.3. Industrial IoT Market opportunity analysis 3.3.2. Industry analysis - Porter's five force 3.3.2.1. Bargaining power of supplier -3-
Industrial IoT Market Size Worth $771.7 Billion By 2026
3.3.2.2. Bargaining power of buyer 3.3.2.3. Threat of substitute 3.3.2.4. Threat of new entrant 3.3.2.5. Degree of competition 3.3.3. Industrial IoT market PEST analysis, 2017 3.3.4. Value Chain Analysis 3.3.5. Industrial IoT Industry trends 3.3.6. Competitive Ranking Analysis 4. Industrial IoT Market Size and Forecast by Technology & Solutions 4.1. Key findings 4.2. Technology & Solutions 4.2.1. Global market estimates and forecasts, 2017 - 2026 4.2.2. Sensors 4.2.2.1. Global market estimates and forecasts, 2017 - 2026 4.2.3. Analytics 4.2.3.1. Global market estimates and forecasts, 2017 - 2026 4.2.4. Networking Technology 4.2.4.1. Global market estimates and forecasts, 2017 - 2026 4.2.5. Security Solutions 4.2.5.1. Global market estimates and forecasts, 2017 - 2026 4.2.6. Industrial Robotics 4.2.6.1. Global market estimates and forecasts, 2017 - 2026 4.2.7. Device Management 4.2.7.1. Global market estimates and forecasts, 2017 - 2026 4.2.8. Remote Monitoring 4.2.8.1. Global market estimates and forecasts, 2017 - 2026 4.2.9. Data Management 4.2.9.1. Global market estimates and forecasts, 2017 - 2026 4.2.10. Application Management 4.2.10.1. Global market estimates and forecasts, 2017 - 2026 4.2.11. Connectivity Management 4.2.11.1. Global market estimates and forecasts, 2017 - 2026 5. Industrial IoT Market Size and Forecast by Service 5.1. Key Findings 5.2. Consulting Services 5.2.1. Global market estimates and forecasts, 2017 – 2026 5.3. Managed Services 5.3.1. Global market estimates and forecasts, 2017 – 2026 6. Industrial IoT Market Size and Forecast by End-Use Vertical 6.1. Key findings 6.2. Manufacturing 6.2.1. Global market estimates and forecasts, 2017 – 2026 6.3. Utilities 6.3.1. Global market estimates and forecasts, 2017 – 2026 6.4. Oil & Gas 6.4.1. Global market estimates and forecasts, 2017 – 2026 6.5. Transportation & Logistics 6.5.1. Global market estimates and forecasts, 2017 – 2026 6.6. Retail 6.6.1. Global market estimates and forecasts, 2017 – 2026 6.7. Energy & Power 6.7.1. Global market estimates and forecasts, 2017 – 2026 -4-
Industrial IoT Market Size Worth $771.7 Billion By 2026
6.8. Agriculture 6.8.1. Global market estimates and forecasts, 2017 – 2026 6.9. Healthcare 6.9.1. Global market estimates and forecasts, 2017 – 2026 6.10. Others 6.10.1. Global market estimates and forecasts, 2017 – 2026 7. Industrial IoT Market Size and Forecast by Regions 7.1. Key findings 7.2. North America 7.2.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.2.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.2.3. U.S. 7.2.3.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.2.3.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.2.4. Canada 7.2.4.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.2.4.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.3. Europe 7.3.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.3.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.3.3. Germany 7.3.3.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.3.3.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.3.4. UK 7.3.4.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.3.4.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.3.5. France 7.3.5.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.3.5.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.3.6. Italy 7.3.6.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.3.6.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.4. Asia Pacific 7.4.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.4.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.4.3. China 7.4.3.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.4.3.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.4.4. Japan 7.4.4.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.4.4.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.4.5. India 7.4.5.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.4.5.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.5. Latin America 7.5.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.5.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.5.3. Brazil 7.5.3.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.5.3.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.5.4. Mexico 7.5.4.1. Industrial IoT market by Component (USD Million), 2017 - 2026 -5-
Industrial IoT Market Size Worth $771.7 Billion By 2026
7.5.4.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 7.6. Middle East & Africa 7.6.1. Industrial IoT market by Component (USD Million), 2017 - 2026 7.6.2. Industrial IoT market by End-user Industry (USD Million), 2017 - 2026 8. Company Profiles 8.1. ABB Ltd. 8.1.1. Overview 8.1.2. Financials 8.1.3. Product Benchmarking 8.1.4. Recent Developments 8.2. Cisco Systems, Inc. 8.2.1. Overview 8.2.2. Financials 8.2.3. Product Benchmarking 8.2.4. Recent Developments 8.3. General Electric Company 8.3.1. Overview 8.3.2. Financials 8.3.3. Product Benchmarking 8.3.4. Recent Developments 8.4. Intel Corporation 8.4.1. Overview 8.4.2. Financials 8.4.3. Product Benchmarking 8.4.4. Recent Developments 8.5. IBM Corporation 8.5.1. Overview 8.5.2. Financials 8.5.3. Product Benchmarking 8.5.4. Recent Developments 8.6. Rockwell Automation, Inc. 8.6.1. Overview 8.6.2. Financials 8.6.3. Product Benchmarking 8.6.4. Recent Developments 8.7. Microsoft Corporation 8.7.1. Overview 8.7.2. Financials 8.7.3. Product Benchmarking 8.7.4. Recent Developments 8.8. Siemens AG 8.8.1. Overview 8.8.2. Financials 8.8.3. Product Benchmarking 8.8.4. Recent Developments 8.9. ARM Ltd. 8.9.1. Overview 8.9.2. Financials 8.9.3. Product Benchmarking 8.9.4. Recent Developments 8.10. Kuka AG 8.10.1. Overview -6-
Industrial IoT Market Size Worth $771.7 Billion By 2026
8.10.2. Financials 8.10.3. Product Benchmarking 8.10.4. Recent Developments Access Press Release on Industrial IoT (IIoT) Market: https://www.polarismarketresearch.com/press-releases/industrial-iot-iiot-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id:
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