Global Industrial Internet Of Things Market Size, Share, and Analysis, By Component (Solution, Services, Platform), By End Use Industry (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Transportation & Logistics, Others) and Regional Forecasts, 2022-2032
Global Industrial Internet Of Things Market Size, Share, and Analysis, By Component (Solution, Services, Platform), By End Use Industry (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Transportation & Logistics, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Industrial Internet Of Things Market size was USD 250.97 billion in 2021 and projected t%li%grow from USD 344.5 billion in 2023 t%li%USD 1466.1 billion by 2032, exhibiting a CAGR of 17.4% during the forecast period.
Industrial Internet Of Things abbreviated as IIoT, refers t%li%the use of smart actuators and sensors t%li%improve industrial and manufacturing processes. The Machine-to-Machine (M2M) Internet of Things (IIoT) enables businesses and industries t%li%operate more efficiently and reliably owing t%li%its strong emphasis on M2M connectivity, machine learning, and big data. Industrial applications like medical technology, robotics, and more are all included in the IIoT.
MARKET HIGHLIGHTS
Industrial Internet Of Things Market is expected t%li%reach USD 1466.1 billion, growing at a CAGR of 17.4% during the forecast period owing t%li%the technological improvements in electronic and semiconductor devices, augmented utilization of cloud computing platforms, and IPv6’s standardization. Moreover, assistance from governments of various nations for R&D activities associated with IloT is anticipated t%li%fuel market.
Global Industrial Internet Of Things Market Segments:
Growth Drivers
Rising Awareness and Adoption of IIoT Solutions is Expected t%li%Boost the Market Growth
Increasing Technological Advancements and Easy Accessibility & Cost Efficiency are Expected t%li%Boost the Market Growth
Restraint
Security Weakness and Compromised Operations t%li%Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Global Industrial Internet Of Things Market size was USD 250.97 billion in 2021 and projected t%li%grow from USD 344.5 billion in 2023 t%li%USD 1466.1 billion by 2032, exhibiting a CAGR of 17.4% during the forecast period.
Industrial Internet Of Things abbreviated as IIoT, refers t%li%the use of smart actuators and sensors t%li%improve industrial and manufacturing processes. The Machine-to-Machine (M2M) Internet of Things (IIoT) enables businesses and industries t%li%operate more efficiently and reliably owing t%li%its strong emphasis on M2M connectivity, machine learning, and big data. Industrial applications like medical technology, robotics, and more are all included in the IIoT.
MARKET HIGHLIGHTS
Industrial Internet Of Things Market is expected t%li%reach USD 1466.1 billion, growing at a CAGR of 17.4% during the forecast period owing t%li%the technological improvements in electronic and semiconductor devices, augmented utilization of cloud computing platforms, and IPv6’s standardization. Moreover, assistance from governments of various nations for R&D activities associated with IloT is anticipated t%li%fuel market.
Global Industrial Internet Of Things Market Segments:
- Component
- Solution
- Services
- Platform
- End Use Industry
- Manufacturing
- Energy & Power
- Oil & Gas
- Healthcare
- Transportation & Logistics
- Others
Growth Drivers
Rising Awareness and Adoption of IIoT Solutions is Expected t%li%Boost the Market Growth
Increasing Technological Advancements and Easy Accessibility & Cost Efficiency are Expected t%li%Boost the Market Growth
Restraint
Security Weakness and Compromised Operations t%li%Restrain the Market Growth
Key Players
- Accenture PLC
- Siemens AG
- International Business Machines Corporation
- Microsoft Corporation
- Huawei Technologies CO. Ltd.
- General Electric Company
- Intel Corporation
- NEC Corporation
- ABB
- Honeywell International Inc.
- Cisc%li%Systems Inc.
- Texas Instruments Inc.
- Rockwell Automation Inc.
- ARM Holding Plc
- Sasken Technologies Ltd.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Industrial Internet Of Things Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Industrial Internet Of Things Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. INDUSTRIAL INTERNET OF THINGS MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. INDUSTRIAL INTERNET OF THINGS MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Component
10.3.1.1.Solution
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Services
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Platform
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By End Use Industry
10.3.2.1. Manufacturing
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Energy & Power
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Oil & Gas
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Healthcare
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.5.Transportation & Logistics
10.3.2.5.1.By Value (USD Million) 2022-2032F
10.3.2.5.2.Market Share (%) 2022-2032F
10.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.6.Others
10.3.2.6.1.By Value (USD Million) 2022-2032F
10.3.2.6.2. Market Share (%) 2022-2032F
10.3.2.6.3. Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.2. By End Use Industry
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By End Use Industry
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By End Use Industry
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By End Use Industry
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2.By End Use Industry
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Accenture PLC
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Siemens AG
17.3. International Business Machines Corporation
17.4. Microsoft Corporation
17.5. Huawei Technologies CO. Ltd.
17.6. General Electric Company
17.7. Intel Corporation
17.8. NEC Corporation
17.9. ABB
17.10. Honeywell International Inc.
17.11.Cisco Systems Inc.
17.12. Texas Instruments Inc.
17.13. Rockwell Automation Inc.
17.14. ARM Holding Plc
17.15. Sasken Technologies Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Industrial Internet Of Things Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Industrial Internet Of Things Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. INDUSTRIAL INTERNET OF THINGS MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. INDUSTRIAL INTERNET OF THINGS MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Component
10.3.1.1.Solution
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Services
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Platform
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By End Use Industry
10.3.2.1. Manufacturing
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Energy & Power
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Oil & Gas
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Healthcare
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.5.Transportation & Logistics
10.3.2.5.1.By Value (USD Million) 2022-2032F
10.3.2.5.2.Market Share (%) 2022-2032F
10.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.6.Others
10.3.2.6.1.By Value (USD Million) 2022-2032F
10.3.2.6.2. Market Share (%) 2022-2032F
10.3.2.6.3. Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.2. By End Use Industry
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By End Use Industry
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By End Use Industry
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By End Use Industry
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA INDUSTRIAL INTERNET OF THINGS MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2.By End Use Industry
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Accenture PLC
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Siemens AG
17.3. International Business Machines Corporation
17.4. Microsoft Corporation
17.5. Huawei Technologies CO. Ltd.
17.6. General Electric Company
17.7. Intel Corporation
17.8. NEC Corporation
17.9. ABB
17.10. Honeywell International Inc.
17.11.Cisco Systems Inc.
17.12. Texas Instruments Inc.
17.13. Rockwell Automation Inc.
17.14. ARM Holding Plc
17.15. Sasken Technologies Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
