Industrial IoT Market Trends, Revenue, Share Analysis & Forecast Till 2027

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Market Size – USD 74.28 billion in 2019, Market Growth - CAGR of 7.5%, Market Trends – Increasing adoption of Industrial IoT in the transportation & logistics industry

The global Industrial IoT Market will be worth USD 128.09 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of the Industrial IoT solutions by industrialists and manufacturers. The growing need to improve productivity, enhance the workers' safety, and reduce the operating and manufacturing costs is expected to drive the growth of the Industrial IoT technologies over the forecast period. The rising need to reduce the risk of cyber and data breaches caused by human errors is most likely to fuel the demand for Industrial IoT technologies.

The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators.  The report delivers a deep understanding of the key aspects of the Industrial IoT market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.

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Competitive Outlook: The leading companies operating in the Industrial IoT market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Industrial IoT Market and Profiled in the Report are:

GE, Intel, Cisco, IBM, Siemens, Honeywell, Rockwell Automation, Texas Instruments, ABB, Kuka

Objectives of the Report:

Competitive landscape benchmarking

Analysis of Industrial IoT market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Study of the global Industrial IoT market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Industrial IoT market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Industrial IoT market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Services (Managed, Professional)
    • Solution (Analytics, Remote Monitoring, Security Solutions, Data Management)
    • Platform (Application Management, Connectivity Management, Device Management)
  • End-User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Energy Power
    • Healthcare
    • Agriculture
    • Manufacturing
    • Oil Gas
    • Logistics Transport
    • Others
  • Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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