MARKETRESEARCH
Uploaded on Mar 7, 2024
Category
Business
According to the latest research report by IMARC Group, The global Industrial Internet of things (IIoT) market size reached US$ 255.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 806.0 Billion by 2032, exhibiting a growth rate (CAGR) of 13.2% during 2024-2032. More Info:- https://www.imarcgroup.com/industrial-iot-market
Category
Business
Industrial IoT Market by Product Type, Distribution Channel, End User 2024-2032
Global Industrial IoT
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and
t ransform thei r bus inesses.
IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological
developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology
organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls ,
chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods
are at the top of the company’s exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and
markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients
achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure
las t ing resul ts .
A c c o r d i n g t o t h e l a t e s t r e p o r t b y I M A R C G r o u p , t i t l e d " I n d u s t r i a l I o T M a r k e t : G l o b a l
In d u s t r y T r e n d s , S h a r e , S i z e , G r o w t h , O p p o r t u n i t y a n d F o r e c a s t 2 0 2 4 -
2 0 3 2 , " t h e g l o b a l I n d u s t r i a l I n t e r n e t o f t h i n g s ( I I o T ) m a r k e t s i z e r e a c h e d U S $ 2 5 5 . 3
B i l l i o n i n 2 0 2 3 .
I ndust r i a l I n te rnet o f Th ings ( I I oT ) , a l so known as I ndus t r y 4 .0 , i n tegrates smar t
Report i ndus t r ia l mach ine senso rs and ac tuator s w i th the in te rne t t o enhance
manufac tur ing and indus t r i a l p rocesses . I t i s a ne twork o f i n te l l i gen t dev i ces
connected to f o rm sys tems that co l le c t , exchange , mon i to r , and analyze data
Highlight and f rom indus t r i a l ope rat ions .
I t i nc reases v i s ib i l i t y , enhances effi c iency , t roub leshoot ing , and main tenance
capab i l i t i es , reduces cos ts , improves secur i ty and sa fe ty , and max imizes revenue
Description growth . I n add i t i on , i t he lps to improve emp loyee product i v i t y , enab les bus iness
mode ls t o save money and t ime , and m in imizes opera t ing cos ts . As a re su l t ,
indus t r ia l I oT i s w ide ly u t i l i zed ac ross manufac tu r ing , automot ive , energy and
ut i l i t i es , t r anspor ta t i on , and hea l thca re indust r i es ac ross the g lobe .
R e q u e s t f o r a P D F s a m p le o f t h is r e p o r t :
h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d u s t r i a l - i o t - m a r k e t / r e q u e s t s a m p l e
Report Description
G l o b a l I n d u s t r i a l I o T M a r k e t T r e n d s :
T h e m a r k e t i s p r i m a r i l y d r i v e n b y t h e r i s i n g d e m a n d f o r c o n n e c t e d d e v i c e s a n d d a t a s o l u t i o n s a c r o s s v a r i o u s i n d u s t r i a l a p p l i c a t i o n s
s u c h a s m e d i c a l d e v i c e s , r o b o t i c s , a n d s o f t w a r e - d e f i n e d p r o d u c t i o n p r o c e s s e s . I n a d d i t i o n , v a r i o u s t e c h n o l o g i c a l a d v a n c e m e n t s i n
e l e c t r o n i c d e v i c e s a n d s e m i c o n d u c t o r s a n d t h e s t a n d a r d i z a t i o n o f I P v 6 a r e c o n t r i b u t i n g t o t h e m a r k e t g r o w t h . M o r e o v e r , t h e w i d e s p r e a d
a d o p t i o n o f a r t i f i c i a l i n t e l l i g e n c e ( A I ) a n d I o T i n t h e m a n u f a c t u r i n g s e c t o r t o h e l p o p t i m i z e i n d u s t r i a l p r o c e s s e s , o f f e r q u a l i t y c o n t r o l ,
p r e d i c t m a c h i n e f a i l u r e , a n d s e n d e m e r g e n c y a l e r t s , r e p r e s e n t s a n o t h e r m a j o r g r o w t h - i n d u c i n g f a c t o r . B e s i d e s t h i s , r a p i d u r b a n i z a t i o n
g r o w i n g a u t o m a t i o n , a n d t h e i n c r e a s i n g u s e o f I o T a c r o s s s e v e r a l i n d u s t r i a l v e r t i c a l s , i n c l u d i n g o i l a n d g a s , r e t a i l , i n f r a s t r u c t u r e , a n d
t r a n s p o r t a t i o n , a r e p r o v i d i n g a p o s i t i v e t h r u s t t o m a r k e t g r o w t h .
A l o n g w i t h t h i s , t h e r i s i n g a d o p t i o n o f m a c h i n e l e a r n i n g ( M L ) a n d a r t i f i c i a l i n t e l l i g e n c e ( A I ) t o o f f e r p r e d i c t i v e a n d p r e s c r i p t i v e
a n a l y t i c a l s o l u t i o n s i s p r o p e l l i n g t h e m a r k e t g r o w t h . A p a r t f r o m t h i s , t h e s u d d e n o u t b r e a k o f c o r o n a v i r u s d i s e a s e ( C O V I D - 1 9 ) , r e s u l t i n g
i n t h e g r o w i n g p o p u l a r i t y o f r e m o t e w o r k i n g , h a s a l s o a c c e l e r a t e d t h e p r o d u c t a d o p t i o n r a t e . F u r t h e r m o r e , i n c r e a s i n g i n v e s t m e n t s b y
k e y p l a y e r s i n r e s e a r c h a n d d e v e l o p m e n t ( R & D ) a c t i v i t i e s t o i m p r o v e t h e t e c h n o l o g y i n t h e i n d u s t r i a l I o T i s c r e a t i n g a f a v o r a b l e m a r k e t
o u t l o o k a c r o s s t h e g l o b e .
L o o k i n g f o r w a r d , I M A R C G r o u p e x p e c t s t h e m a r k e t v a l u e t o r e a c h U S $ 8 0 6 . 0 B i l l i o n b y 2 0 3 2 , e x h i b i t i n g a C A G R o f 1 3 . 2 % d u r i n g
t h e f o r e c a s t p e r i o d ( 2 0 2 4 - 2 0 3 2 ) .
V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d u s t r i a l - i o t - m a r k e t
Breakup by Component:
• Hardware
• Software
• Services
• Connectiv ity
Report Breakup by End User:
Segmentation • Manufacturing
• Energy and Uti l i t ies
• Automotive and Transportation
• Healthcare
• Others
Breakup by Region:
• North America
• Europe
• Asia Pacifi c
• Middle East and Afr ica
Report • Latin America
Segmentation
• Cisco Systems, Inc.
• General E lectr ic
• Honeywel l Internat ional Inc.
• In te l Corporat ion
• In ternat ional Bus iness Machines Corporat ion
Competitive • ABB Group
• Rockwel l Automat ion
Landscape • Siemens AG
with Key • Huawei Technologies Co. , Ltd .
• Bosch
Players • KUKA Robot ics
• Texas Instruments Incorporated
• Dassault Systèmes SE
• PTC
• Arm Limi ted
• NEC Corporat ion.
What was the size of the global industrial IOT
market in 2023?
What is the expected growth rate of the global
industrial IOT market during 2024-2032?
What are the key factors driving the global
Key industrial IOT market?
Questions What has been the impact of COVID-19 on the
global industrial IOT market?
Answered in
What is the breakup of the global industrial IOT
the Report market based on the component?
What is the breakup of the global industrial IOT
market based on the end-user?
What are the key regions in the global industrial
IOT market?
Who are the key players/companies in the global
industrial IOT market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h
2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s
5 G l o b a l I n d u s t r i a l I o T M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t B r e a k u p b y C o m p o n e n t
5 . 5 M a r k e t B r e a k u p b y E n d - U s e r
5 . 6 M a r k e t B r e a k u p b y R e g i o n
5 . 7 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y C o m p o n e n t
6 . 1 H a r d w a r e
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 S o f t w a r e
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 S e r v i c e s
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
6 . 4 C o n n e c t i v i t y
6 . 4 . 1 M a r k e t T r e n d s
6 . 4 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y E n d - U s e r
7 . 1 M a n u f a c t u r i n g
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
Table of 7 . 2 E n e r g y a n d U t i l i t i e s 7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
7 . 3 A u t o m o t i v e a n d T r a n s p o r t a t i o n
Contents 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t
7 . 4 H e a l t h c a r e
7 . 4 . 1 M a r k e t T r e n d s
7 . 4 . 2 M a r k e t F o r e c a s t
7 . 5 O t h e r s
7 . 5 . 1 M a r k e t T r e n d s
7 . 5 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y R e g i o n
8 . 1 E u r o p e
8 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 N o r t h A m e r i c a
8 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / in d u s t r i a l - i o t - m a r ke t / t o c
Disclaimer
© 2023 IMARC Al l R ights Reserved
Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f
I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . No pa r t o f t h i s pub l i ca t ion may be
rep roduced , repackaged , red i s t r i bu ted o r res o ld i n who le o r i n any pa r t . The pub l i ca t ion may a l so
no t be used i n any f o rm o r by and means g raph i c e lec t ron ic o r mechan ic a l , i nc lud ing pho tocopy ing ,
reco rd ing , t ap ing o r by i n fo rmat i on s to rage o r re t r ieva l , o r by any o the r f o rm, w i t hou t the exp ress
c ons en t o f I n t e rna t iona l Marke t Ana lys i s Research and Consu l t i ng ( IMARC) .
Disc la imer : Al l con ten ts and da ta o f t h i s pub l i c a t i on , i nc lud ing fo recas t s , da ta ana lys i s and op in ion
have been based on in f o rmat ion and sources be l ieved to be accu ra te and re l iab le a t t he t ime o f
pub l i sh ing . In t e rna t i ona l Ma rke t Ana l ys is Research and Consu l t ing makes no rep resen ta t ion o f
war ran t y o f any k ind as to t he acc u racy o r comp le teness o f any I n fo rmat i on p rov ided . IMARC
accep ts no l i ab i l i t y wha tsoever f o r any los s o r damage resu l t i ng f rom op in ion , e r ro rs o r
i naccu rac ies i f any f ound th is pub l i ca t ion .
IMARC, IMARC Group and G loba l Therapy I ns igh t Ser i es a re reg is t e red t rademarks o f I n te rna t iona l
Marke t Ana lys i s Research and Consu l t ing . A l l o the r t rademarks used i n th i s pub l i ca t i on a re
reg i s te red t rademarks o f t he i r r espec t i ve compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145
E-MAIL: [email protected]
Comments