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Global Industrial Internet of Things (IoT) Market Research Report 2024
Synopsis
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.
The global Industrial Internet of Things (IoT) market was valued at US$ 980.9 million in 2023 and is anticipated to reach US$ 1256.1 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five 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).
Report Scope
The Industrial Internet of Things (IoT) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Internet of Things (IoT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Internet of Things (IoT) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM
Intel
Schneider
General Electric
Emerson
ABB
Accenture PLC
Tech Mahindra
Softweb Solutions
Sasken Technologies
ZIH Corp
Siemens
Robert Bosch
NEC
Segment by Type
Hardware
Sensor
Software and Service
Segment by Application
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Agriculture
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Industrial Internet of Things (IoT) companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
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.
The global Industrial Internet of Things (IoT) market was valued at US$ 980.9 million in 2023 and is anticipated to reach US$ 1256.1 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five 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).
Report Scope
The Industrial Internet of Things (IoT) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Internet of Things (IoT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Internet of Things (IoT) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM
Intel
Schneider
General Electric
Emerson
ABB
Accenture PLC
Tech Mahindra
Softweb Solutions
Sasken Technologies
ZIH Corp
Siemens
Robert Bosch
NEC
Segment by Type
Hardware
Sensor
Software and Service
Segment by Application
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Agriculture
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Industrial Internet of Things (IoT) companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Industrial Internet of Things (IoT) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Sensor
1.2.4 Software and Service
1.3 Market by Application
1.3.1 Global Industrial Internet of Things (IoT) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Manufacturing
1.3.3 Energy & Power
1.3.4 Oil & Gas
1.3.5 Healthcare
1.3.6 Logistics & Transport
1.3.7 Agriculture
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Industrial Internet of Things (IoT) Market Perspective (2019-2030)
2.2 Industrial Internet of Things (IoT) Growth Trends by Region
2.2.1 Global Industrial Internet of Things (IoT) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Industrial Internet of Things (IoT) Historic Market Size by Region (2019-2024)
2.2.3 Industrial Internet of Things (IoT) Forecasted Market Size by Region (2025-2030)
2.3 Industrial Internet of Things (IoT) Market Dynamics
2.3.1 Industrial Internet of Things (IoT) Industry Trends
2.3.2 Industrial Internet of Things (IoT) Market Drivers
2.3.3 Industrial Internet of Things (IoT) Market Challenges
2.3.4 Industrial Internet of Things (IoT) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Industrial Internet of Things (IoT) Players by Revenue
3.1.1 Global Top Industrial Internet of Things (IoT) Players by Revenue (2019-2024)
3.1.2 Global Industrial Internet of Things (IoT) Revenue Market Share by Players (2019-2024)
3.2 Global Industrial Internet of Things (IoT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Industrial Internet of Things (IoT) Revenue
3.4 Global Industrial Internet of Things (IoT) Market Concentration Ratio
3.4.1 Global Industrial Internet of Things (IoT) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Industrial Internet of Things (IoT) Revenue in 2023
3.5 Industrial Internet of Things (IoT) Key Players Head office and Area Served
3.6 Key Players Industrial Internet of Things (IoT) Product Solution and Service
3.7 Date of Enter into Industrial Internet of Things (IoT) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Industrial Internet of Things (IoT) Breakdown Data by Type
4.1 Global Industrial Internet of Things (IoT) Historic Market Size by Type (2019-2024)
4.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Type (2025-2030)
5 Industrial Internet of Things (IoT) Breakdown Data by Application
5.1 Global Industrial Internet of Things (IoT) Historic Market Size by Application (2019-2024)
5.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Industrial Internet of Things (IoT) Market Size (2019-2030)
6.2 North America Industrial Internet of Things (IoT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Industrial Internet of Things (IoT) Market Size by Country (2019-2024)
6.4 North America Industrial Internet of Things (IoT) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Industrial Internet of Things (IoT) Market Size (2019-2030)
7.2 Europe Industrial Internet of Things (IoT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Industrial Internet of Things (IoT) Market Size by Country (2019-2024)
7.4 Europe Industrial Internet of Things (IoT) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size (2019-2030)
8.2 Asia-Pacific Industrial Internet of Things (IoT) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region (2019-2024)
8.4 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Industrial Internet of Things (IoT) Market Size (2019-2030)
9.2 Latin America Industrial Internet of Things (IoT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Industrial Internet of Things (IoT) Market Size by Country (2019-2024)
9.4 Latin America Industrial Internet of Things (IoT) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size (2019-2030)
10.2 Middle East & Africa Industrial Internet of Things (IoT) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country (2019-2024)
10.4 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 IBM
11.1.1 IBM Company Detail
11.1.2 IBM Business Overview
11.1.3 IBM Industrial Internet of Things (IoT) Introduction
11.1.4 IBM Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.1.5 IBM Recent Development
11.2 Intel
11.2.1 Intel Company Detail
11.2.2 Intel Business Overview
11.2.3 Intel Industrial Internet of Things (IoT) Introduction
11.2.4 Intel Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.2.5 Intel Recent Development
11.3 Schneider
11.3.1 Schneider Company Detail
11.3.2 Schneider Business Overview
11.3.3 Schneider Industrial Internet of Things (IoT) Introduction
11.3.4 Schneider Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.3.5 Schneider Recent Development
11.4 General Electric
11.4.1 General Electric Company Detail
11.4.2 General Electric Business Overview
11.4.3 General Electric Industrial Internet of Things (IoT) Introduction
11.4.4 General Electric Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.4.5 General Electric Recent Development
11.5 Emerson
11.5.1 Emerson Company Detail
11.5.2 Emerson Business Overview
11.5.3 Emerson Industrial Internet of Things (IoT) Introduction
11.5.4 Emerson Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.5.5 Emerson Recent Development
11.6 ABB
11.6.1 ABB Company Detail
11.6.2 ABB Business Overview
11.6.3 ABB Industrial Internet of Things (IoT) Introduction
11.6.4 ABB Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.6.5 ABB Recent Development
11.7 Accenture PLC
11.7.1 Accenture PLC Company Detail
11.7.2 Accenture PLC Business Overview
11.7.3 Accenture PLC Industrial Internet of Things (IoT) Introduction
11.7.4 Accenture PLC Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.7.5 Accenture PLC Recent Development
11.8 Tech Mahindra
11.8.1 Tech Mahindra Company Detail
11.8.2 Tech Mahindra Business Overview
11.8.3 Tech Mahindra Industrial Internet of Things (IoT) Introduction
11.8.4 Tech Mahindra Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.8.5 Tech Mahindra Recent Development
11.9 Softweb Solutions
11.9.1 Softweb Solutions Company Detail
11.9.2 Softweb Solutions Business Overview
11.9.3 Softweb Solutions Industrial Internet of Things (IoT) Introduction
11.9.4 Softweb Solutions Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.9.5 Softweb Solutions Recent Development
11.10 Sasken Technologies
11.10.1 Sasken Technologies Company Detail
11.10.2 Sasken Technologies Business Overview
11.10.3 Sasken Technologies Industrial Internet of Things (IoT) Introduction
11.10.4 Sasken Technologies Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.10.5 Sasken Technologies Recent Development
11.11 ZIH Corp
11.11.1 ZIH Corp Company Detail
11.11.2 ZIH Corp Business Overview
11.11.3 ZIH Corp Industrial Internet of Things (IoT) Introduction
11.11.4 ZIH Corp Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.11.5 ZIH Corp Recent Development
11.12 Siemens
11.12.1 Siemens Company Detail
11.12.2 Siemens Business Overview
11.12.3 Siemens Industrial Internet of Things (IoT) Introduction
11.12.4 Siemens Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.12.5 Siemens Recent Development
11.13 Robert Bosch
11.13.1 Robert Bosch Company Detail
11.13.2 Robert Bosch Business Overview
11.13.3 Robert Bosch Industrial Internet of Things (IoT) Introduction
11.13.4 Robert Bosch Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.13.5 Robert Bosch Recent Development
11.14 NEC
11.14.1 NEC Company Detail
11.14.2 NEC Business Overview
11.14.3 NEC Industrial Internet of Things (IoT) Introduction
11.14.4 NEC Revenue in Industrial Internet of Things (IoT) Business (2019-2024)
11.14.5 NEC Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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