Industrial Internet of Things (IIoT) Market Forecast (2023-2029)

Industrial Internet of Things (IIoT) Market size is expected to reach US$ 298.98 Bn. by 2029, at a CAGR of 7.3% during the forecast period.

Industrial Internet of Things Market Overview:

This research paper categorizes the Industrial Internet of Things market to forecast revenues and examine trends in each of the sub-markets listed below.

The Competition Strategic Window examines the competitive environment in terms of markets, applications, and regions to assist the vendor in defining an alignment or fit between their strengths and future growth potential. It describes the best or most advantageous fit for vendors to pursue consecutive merger and acquisition strategies, geographic expansion, research and development, and new product introduction methods in order to execute future business expansion and growth throughout a projection time.

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Market Scope:

The report on the Industrial Internet of Things Market equips readers with a more in-depth understanding of the market and competitive landscape, allowing them to make better decisions related to market growth and expansion. The report’s features include an overview of participants, revenue results, capital investment, and Industrial Internet of Things market growth rates.

Segmentation:

by Device & Technology

Sensor
RFID
Industrial Robotics
Distributed Control System
Condition Monitoring
Smart Meter
Smart Beacon
Yield Monitoring
Electronic Shelf Label
Camera
Guidance & Steering
GPS/GNSS
Interface Board
Flow & Application Control Device
Networking Technology

by Software

PLM
MES
SCADA
Outage Management System
Distribution Management System
Visualization Software
Transit Management System
Remote Patient Monitoring
Farm Management System

by Vertical

Manufacturing
Energy
Oil &Gas
Metal & Mining
Healthcare
Retail
Transportation
Agriculture

by Component

Hardware
Software
Services
Connectivity

Key Players:

1. Cisco
2. GE
3. Intel
4. Rockwell Automation
5. ABB
6. Texas Instruments.
7. Honeywell
8. Huawei Technologies
9. IBM
10.Kuka
11.NEC Corporation
12.Bosch
13.PTC.
14.AT&T
15.Qualcomm
16.Accenture
17.Amazon
18.Atos

Regional Analysis:

The Industrial Internet of Things market forecast report is prepared after analysing several geographical regions such as Asia-Pacific, Europe, North America, and the remaining parts of the world. The North American region has the most control over the Industrial Internet of Things market share and will remain as a leading shareholder in the Industrial Internet of Things market

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Key Questions Answered in the Industrial Internet of Things Market Report are:

• Which application segment is expected to come out as the leading segment in the Industrial Internet of Things market?
• Which are the key players in the Industrial Internet of Things market?
• What key trends are likely to emerge in the Industrial Internet of Things market in the coming years?
• What will be the Industrial Internet of Things market by 2029?
• Which company held the largest share in the Industrial Internet of Things market in 2022?

 

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