Report overview
The industrial internet of things, or IIoT, is the use of internet of things technologies to enhance manufacturing and industrial processes.Also known as the industrial internet or Industrie 4.0, IIoT incorporates machine learning and big data technologies to harness the sensor data, machine-to-machine (M2M) communication and automation technologies that have existed in industrial settings for years.
This report aims to provide a comprehensive presentation of the global market for Industrial Internet of Things (IoT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Internet of Things (IoT). This report contains market size and forecasts of Industrial Internet of Things (IoT) in global, including the following market information:
Global Industrial Internet of Things (IoT) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Industrial Internet of Things (IoT) market was valued at US$ 1009.3 million in 2022 and is projected to reach US$ 1272.8 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core industrial internet of things players include IBM, Cisco and Microsoft etc. The top 3 companies hold a share about 15%. America is the largest market, with a share about 28%, followed by Europe and China.
In terms of product, Service Product is the largest segment with a share about 38%. And in terms of applications, the largest application is manufacturing with a share about 22%.
We surveyed the Industrial Internet of Things (IoT) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Internet of Things (IoT) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Industrial Internet of Things (IoT) Market Segment Percentages, by Type, 2022 (%)
Hardware
Sensor
Software and Service
Global Industrial Internet of Things (IoT) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Industrial Internet of Things (IoT) Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Agriculture
Others
Global Industrial Internet of Things (IoT) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Industrial Internet of Things (IoT) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Internet of Things (IoT) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Industrial Internet of Things (IoT) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Intel
Schneider
General Electric
Emerson
ABB
Accenture PLC
Tech Mahindra
Softweb Solutions
Sasken Technologies
ZIH Corp
Siemens
Robert Bosch
NEC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Internet of Things (IoT), market overview.
Chapter 2: Global Industrial Internet of Things (IoT) market size in revenue.
Chapter 3: Detailed analysis of Industrial Internet of Things (IoT) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Internet of Things (IoT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
