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Industrial Internet of Things (IoT)-Global Market Insights and Sales Trends 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 size is expected to reach US$ 1256.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Internet of Things (IoT) in various end use industries. The expanding demands from the Manufacturing, Energy & Power, Oil & Gas and Healthcare, are propelling Industrial Internet of Things (IoT) market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Internet of Things (IoT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Internet of Things (IoT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Internet of Things (IoT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Internet of Things (IoT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Internet of Things (IoT) covered in this report include IBM, Intel, Schneider, General Electric, Emerson, ABB, Accenture PLC, Tech Mahindra and Softweb Solutions, etc.
The global Industrial Internet of Things (IoT) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM
Intel
Schneider
General Electric
Emerson
ABB
Accenture PLC
Tech Mahindra
Softweb Solutions
Sasken Technologies
ZIH Corp
Siemens
Robert Bosch
NEC
Global Industrial Internet of Things (IoT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Internet of Things (IoT) market, Segment by Type:
Hardware
Sensor
Software and Service
Global Industrial Internet of Things (IoT) market, by Application
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Agriculture
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Industrial Internet of Things (IoT) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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 size is expected to reach US$ 1256.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Internet of Things (IoT) in various end use industries. The expanding demands from the Manufacturing, Energy & Power, Oil & Gas and Healthcare, are propelling Industrial Internet of Things (IoT) market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sensor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Internet of Things (IoT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Internet of Things (IoT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Internet of Things (IoT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Internet of Things (IoT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Internet of Things (IoT) covered in this report include IBM, Intel, Schneider, General Electric, Emerson, ABB, Accenture PLC, Tech Mahindra and Softweb Solutions, etc.
The global Industrial Internet of Things (IoT) market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM
Intel
Schneider
General Electric
Emerson
ABB
Accenture PLC
Tech Mahindra
Softweb Solutions
Sasken Technologies
ZIH Corp
Siemens
Robert Bosch
NEC
Global Industrial Internet of Things (IoT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Internet of Things (IoT) market, Segment by Type:
Hardware
Sensor
Software and Service
Global Industrial Internet of Things (IoT) market, by Application
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Agriculture
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Industrial Internet of Things (IoT) companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Industrial Internet of Things (IoT)
1.1 Industrial Internet of Things (IoT) Market Overview
1.1.1 Industrial Internet of Things (IoT) Product Scope
1.1.2 Industrial Internet of Things (IoT) Market Status and Outlook
1.2 Global Industrial Internet of Things (IoT) Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Industrial Internet of Things (IoT) Market Size by Region (2018-2029)
1.4 Global Industrial Internet of Things (IoT) Historic Market Size by Region (2018-2023)
1.5 Global Industrial Internet of Things (IoT) Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Industrial Internet of Things (IoT) Market Size (2018-2029)
1.6.1 North America Industrial Internet of Things (IoT) Market Size (2018-2029)
1.6.2 Europe Industrial Internet of Things (IoT) Market Size (2018-2029)
1.6.3 Asia-Pacific Industrial Internet of Things (IoT) Market Size (2018-2029)
1.6.4 Latin America Industrial Internet of Things (IoT) Market Size (2018-2029)
1.6.5 Middle East & Africa Industrial Internet of Things (IoT) Market Size (2018-2029)
2 Industrial Internet of Things (IoT) Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Sensor
2.1.3 Software and Service
2.2 Global Industrial Internet of Things (IoT) Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Industrial Internet of Things (IoT) Historic Market Size by Type (2018-2023)
2.2.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Industrial Internet of Things (IoT) Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Industrial Internet of Things (IoT) Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Industrial Internet of Things (IoT) Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Industrial Internet of Things (IoT) Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Industrial Internet of Things (IoT) Revenue Breakdown by Type (2018-2029)
3 Industrial Internet of Things (IoT) Market Overview by Application
3.1 Introduction
3.1.1 Manufacturing
3.1.2 Energy & Power
3.1.3 Oil & Gas
3.1.4 Healthcare
3.1.5 Logistics & Transport
3.1.6 Agriculture
3.1.7 Others
3.2 Global Industrial Internet of Things (IoT) Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Industrial Internet of Things (IoT) Historic Market Size by Application (2018-2023)
3.2.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Industrial Internet of Things (IoT) Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Industrial Internet of Things (IoT) Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Industrial Internet of Things (IoT) Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Industrial Internet of Things (IoT) Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Industrial Internet of Things (IoT) Revenue Breakdown by Application (2018-2029)
4 Industrial Internet of Things (IoT) Competition Analysis by Players
4.1 Global Industrial Internet of Things (IoT) Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Internet of Things (IoT) as of 2022)
4.3 Date of Key Players Enter into Industrial Internet of Things (IoT) Market
4.4 Global Top Players Industrial Internet of Things (IoT) Headquarters and Area Served
4.5 Key Players Industrial Internet of Things (IoT) Product Solution and Service
4.6 Competitive Status
4.6.1 Industrial Internet of Things (IoT) Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 IBM
5.1.1 IBM Profile
5.1.2 IBM Main Business
5.1.3 IBM Industrial Internet of Things (IoT) Products, Services and Solutions
5.1.4 IBM Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.1.5 IBM Recent Developments
5.2 Intel
5.2.1 Intel Profile
5.2.2 Intel Main Business
5.2.3 Intel Industrial Internet of Things (IoT) Products, Services and Solutions
5.2.4 Intel Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.2.5 Intel Recent Developments
5.3 Schneider
5.3.1 Schneider Profile
5.3.2 Schneider Main Business
5.3.3 Schneider Industrial Internet of Things (IoT) Products, Services and Solutions
5.3.4 Schneider Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.3.5 General Electric Recent Developments
5.4 General Electric
5.4.1 General Electric Profile
5.4.2 General Electric Main Business
5.4.3 General Electric Industrial Internet of Things (IoT) Products, Services and Solutions
5.4.4 General Electric Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.4.5 General Electric Recent Developments
5.5 Emerson
5.5.1 Emerson Profile
5.5.2 Emerson Main Business
5.5.3 Emerson Industrial Internet of Things (IoT) Products, Services and Solutions
5.5.4 Emerson Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.5.5 Emerson Recent Developments
5.6 ABB
5.6.1 ABB Profile
5.6.2 ABB Main Business
5.6.3 ABB Industrial Internet of Things (IoT) Products, Services and Solutions
5.6.4 ABB Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.6.5 ABB Recent Developments
5.7 Accenture PLC
5.7.1 Accenture PLC Profile
5.7.2 Accenture PLC Main Business
5.7.3 Accenture PLC Industrial Internet of Things (IoT) Products, Services and Solutions
5.7.4 Accenture PLC Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.7.5 Accenture PLC Recent Developments
5.8 Tech Mahindra
5.8.1 Tech Mahindra Profile
5.8.2 Tech Mahindra Main Business
5.8.3 Tech Mahindra Industrial Internet of Things (IoT) Products, Services and Solutions
5.8.4 Tech Mahindra Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.8.5 Tech Mahindra Recent Developments
5.9 Softweb Solutions
5.9.1 Softweb Solutions Profile
5.9.2 Softweb Solutions Main Business
5.9.3 Softweb Solutions Industrial Internet of Things (IoT) Products, Services and Solutions
5.9.4 Softweb Solutions Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.9.5 Softweb Solutions Recent Developments
5.10 Sasken Technologies
5.10.1 Sasken Technologies Profile
5.10.2 Sasken Technologies Main Business
5.10.3 Sasken Technologies Industrial Internet of Things (IoT) Products, Services and Solutions
5.10.4 Sasken Technologies Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.10.5 Sasken Technologies Recent Developments
5.11 ZIH Corp
5.11.1 ZIH Corp Profile
5.11.2 ZIH Corp Main Business
5.11.3 ZIH Corp Industrial Internet of Things (IoT) Products, Services and Solutions
5.11.4 ZIH Corp Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.11.5 ZIH Corp Recent Developments
5.12 Siemens
5.12.1 Siemens Profile
5.12.2 Siemens Main Business
5.12.3 Siemens Industrial Internet of Things (IoT) Products, Services and Solutions
5.12.4 Siemens Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.12.5 Siemens Recent Developments
5.13 Robert Bosch
5.13.1 Robert Bosch Profile
5.13.2 Robert Bosch Main Business
5.13.3 Robert Bosch Industrial Internet of Things (IoT) Products, Services and Solutions
5.13.4 Robert Bosch Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.13.5 Robert Bosch Recent Developments
5.14 NEC
5.14.1 NEC Profile
5.14.2 NEC Main Business
5.14.3 NEC Industrial Internet of Things (IoT) Products, Services and Solutions
5.14.4 NEC Industrial Internet of Things (IoT) Revenue (US$ Million) & (2018-2023)
5.14.5 NEC Recent Developments
6 North America
6.1 North America Industrial Internet of Things (IoT) Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Industrial Internet of Things (IoT) Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Industrial Internet of Things (IoT) Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Industrial Internet of Things (IoT) Market Dynamics
11.1 Industrial Internet of Things (IoT) Industry Trends
11.2 Industrial Internet of Things (IoT) Market Drivers
11.3 Industrial Internet of Things (IoT) Market Challenges
11.4 Industrial Internet of Things (IoT) Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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