Uploaded on Oct 27, 2021
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.
Industrial IoT (IIoT) Market Development Analysis 2020 to 2026
Industrial IoT (IIoT) Market
Set to Reach $771.7 Billion By 2026 | CAGR: 24.3%
“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”
Industrial IoT (IIoT) Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global Industrial IoT (IIoT
) market is growing at a faster pace and is projected to reach $771.7 Billion By 2026,
registering a significant CAGR of 24.3% during the forecast period 2017 to 2026.
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Industrial IoT (IIoT) market.
An extensive research report on the Industrial IoT (IIoT) market sheds light on the micro
and macro aspects of the industry. The report presents in-depth insights into the market
using the assessment of Porter’s Five Forces model and SWOT analysis. The vital information
featured in the report will help industry leaders in their decision-making process and
businesses to devise their future strategies.
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Industrial IoT (IIoT) Market Scope
By Technology & Solutions By Service By End-Use Vertical By Region
• Technology & Solutions • Consulting Services Manufacturing ∙ North America
Sensors ∙ Europe • Managed Services Utilities
∙ Asia Pacific
Analytics Oil & Gas
∙ Latin America Middle East & Africa
Networking Technology Transportation & Logistics
Security Solutions Retail
Industrial Robotics Energy & Power
Device Management Agriculture
Application Management Healthcare
Others
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Industrial IoT (IIoT) Market Estimate & Forecast
The report includes detailed coverage of the Industrial IoT (IIoT) market based on product
type, application, end-use, and region. The report also sheds light on the fastest-growing
segments of the market and gives future projections for the same keeping in mind the
emerging trends and patterns. The authentic data provided in the research report will act as
a major input for market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Industrial
IoT (IIoT) market wherein our expert research analysts provide an insight into profiles of all
the prominent players along with a special focus on recent developments and major
innovations influencing the target market. The competitive outlook section also discusses
major development strategies, market share value, and industry ranking analysis for the
below-mentioned players. Leading players present in the Industrial IoT (IIoT) market are
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 (IIoT) Market Size
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About Us
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specializes in providing exceptional market intelligence and in-depth business research
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our diverse customer base present across the industries of healthcare, technology, semi-
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