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Industrial IoT Platform-Global Market Insights and Sales Trends 2024
Synopsis
Industrial IoT platform is a division of IoT which is used in industrial application area’s and allows the organizations to get real time insights about the machines, their health and their efficiency. As IOT is growing, their applications areas are increasing at much faster pace. IoT in manufacturing industries will help to gain the optimum utilization of resources without making any extra efforts. Connected devices and machineries will be transmitting real-time data to server which will be very helpful in their smart management. Factors such as high efficiency, low breakdown of machineries and high efficiency are some of the major factor which are directly associated with the industrial IoT whereas government rules regarding the use of automation in the industrial process, technological advancement, increasing demand for industrial process are also some of the indirect factors which is helping into the market growth.
The global Industrial IoT Platform market size is expected to reach US$ 102460 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial IoT Platform in various end use industries. The expanding demands from the Manufacturing, Power and Utilities, Aviation and Oil and Gas, are propelling Industrial IoT Platform market. Software, 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 Service 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 IoT Platform, 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 IoT Platform 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 IoT Platform market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial IoT Platform 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 IoT Platform covered in this report include PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel, SAP, Oracle and Amazon, etc.
The global Industrial IoT Platform market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PTC (ThingWorx)
Cisco (Jasper)
Microsoft
Google
IBM
Intel
SAP
Oracle
Amazon
Telit
General Electric
Gemalto
Zebra Technologies
AT&T
Xively (LogMeIn)
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
Global Industrial IoT Platform 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 IoT Platform market, Segment by Type:
Software
Service
Global Industrial IoT Platform market, by Application
Manufacturing
Power and Utilities
Aviation
Oil and Gas
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 IoT Platform 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
Industrial IoT platform is a division of IoT which is used in industrial application area’s and allows the organizations to get real time insights about the machines, their health and their efficiency. As IOT is growing, their applications areas are increasing at much faster pace. IoT in manufacturing industries will help to gain the optimum utilization of resources without making any extra efforts. Connected devices and machineries will be transmitting real-time data to server which will be very helpful in their smart management. Factors such as high efficiency, low breakdown of machineries and high efficiency are some of the major factor which are directly associated with the industrial IoT whereas government rules regarding the use of automation in the industrial process, technological advancement, increasing demand for industrial process are also some of the indirect factors which is helping into the market growth.
The global Industrial IoT Platform market size is expected to reach US$ 102460 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial IoT Platform in various end use industries. The expanding demands from the Manufacturing, Power and Utilities, Aviation and Oil and Gas, are propelling Industrial IoT Platform market. Software, 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 Service 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 IoT Platform, 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 IoT Platform 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 IoT Platform market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial IoT Platform 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 IoT Platform covered in this report include PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel, SAP, Oracle and Amazon, etc.
The global Industrial IoT Platform market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PTC (ThingWorx)
Cisco (Jasper)
Microsoft
IBM
Intel
SAP
Oracle
Amazon
Telit
General Electric
Gemalto
Zebra Technologies
AT&T
Xively (LogMeIn)
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
Global Industrial IoT Platform 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 IoT Platform market, Segment by Type:
Software
Service
Global Industrial IoT Platform market, by Application
Manufacturing
Power and Utilities
Aviation
Oil and Gas
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 IoT Platform 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 IoT Platform
1.1 Industrial IoT Platform Market Overview
1.1.1 Industrial IoT Platform Product Scope
1.1.2 Industrial IoT Platform Market Status and Outlook
1.2 Global Industrial IoT Platform Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Industrial IoT Platform Market Size by Region (2018-2029)
1.4 Global Industrial IoT Platform Historic Market Size by Region (2018-2023)
1.5 Global Industrial IoT Platform Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Industrial IoT Platform Market Size (2018-2029)
1.6.1 North America Industrial IoT Platform Market Size (2018-2029)
1.6.2 Europe Industrial IoT Platform Market Size (2018-2029)
1.6.3 Asia-Pacific Industrial IoT Platform Market Size (2018-2029)
1.6.4 Latin America Industrial IoT Platform Market Size (2018-2029)
1.6.5 Middle East & Africa Industrial IoT Platform Market Size (2018-2029)
2 Industrial IoT Platform Market by Type
2.1 Introduction
2.1.1 Software
2.1.2 Service
2.2 Global Industrial IoT Platform Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Industrial IoT Platform Historic Market Size by Type (2018-2023)
2.2.2 Global Industrial IoT Platform Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Industrial IoT Platform Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Industrial IoT Platform Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Industrial IoT Platform Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Industrial IoT Platform Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Industrial IoT Platform Revenue Breakdown by Type (2018-2029)
3 Industrial IoT Platform Market Overview by Application
3.1 Introduction
3.1.1 Manufacturing
3.1.2 Power and Utilities
3.1.3 Aviation
3.1.4 Oil and Gas
3.1.5 Others
3.2 Global Industrial IoT Platform Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Industrial IoT Platform Historic Market Size by Application (2018-2023)
3.2.2 Global Industrial IoT Platform Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Industrial IoT Platform Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Industrial IoT Platform Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Industrial IoT Platform Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Industrial IoT Platform Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Industrial IoT Platform Revenue Breakdown by Application (2018-2029)
4 Industrial IoT Platform Competition Analysis by Players
4.1 Global Industrial IoT Platform 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 IoT Platform as of 2022)
4.3 Date of Key Players Enter into Industrial IoT Platform Market
4.4 Global Top Players Industrial IoT Platform Headquarters and Area Served
4.5 Key Players Industrial IoT Platform Product Solution and Service
4.6 Competitive Status
4.6.1 Industrial IoT Platform Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 PTC (ThingWorx)
5.1.1 PTC (ThingWorx) Profile
5.1.2 PTC (ThingWorx) Main Business
5.1.3 PTC (ThingWorx) Industrial IoT Platform Products, Services and Solutions
5.1.4 PTC (ThingWorx) Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.1.5 PTC (ThingWorx) Recent Developments
5.2 Cisco (Jasper)
5.2.1 Cisco (Jasper) Profile
5.2.2 Cisco (Jasper) Main Business
5.2.3 Cisco (Jasper) Industrial IoT Platform Products, Services and Solutions
5.2.4 Cisco (Jasper) Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.2.5 Cisco (Jasper) Recent Developments
5.3 Microsoft
5.3.1 Microsoft Profile
5.3.2 Microsoft Main Business
5.3.3 Microsoft Industrial IoT Platform Products, Services and Solutions
5.3.4 Microsoft Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.3.5 Google Recent Developments
5.4 Google
5.4.1 Google Profile
5.4.2 Google Main Business
5.4.3 Google Industrial IoT Platform Products, Services and Solutions
5.4.4 Google Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.4.5 Google Recent Developments
5.5 IBM
5.5.1 IBM Profile
5.5.2 IBM Main Business
5.5.3 IBM Industrial IoT Platform Products, Services and Solutions
5.5.4 IBM Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.5.5 IBM Recent Developments
5.6 Intel
5.6.1 Intel Profile
5.6.2 Intel Main Business
5.6.3 Intel Industrial IoT Platform Products, Services and Solutions
5.6.4 Intel Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.6.5 Intel Recent Developments
5.7 SAP
5.7.1 SAP Profile
5.7.2 SAP Main Business
5.7.3 SAP Industrial IoT Platform Products, Services and Solutions
5.7.4 SAP Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.7.5 SAP Recent Developments
5.8 Oracle
5.8.1 Oracle Profile
5.8.2 Oracle Main Business
5.8.3 Oracle Industrial IoT Platform Products, Services and Solutions
5.8.4 Oracle Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.8.5 Oracle Recent Developments
5.9 Amazon
5.9.1 Amazon Profile
5.9.2 Amazon Main Business
5.9.3 Amazon Industrial IoT Platform Products, Services and Solutions
5.9.4 Amazon Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.9.5 Amazon Recent Developments
5.10 Telit
5.10.1 Telit Profile
5.10.2 Telit Main Business
5.10.3 Telit Industrial IoT Platform Products, Services and Solutions
5.10.4 Telit Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.10.5 Telit Recent Developments
5.11 General Electric
5.11.1 General Electric Profile
5.11.2 General Electric Main Business
5.11.3 General Electric Industrial IoT Platform Products, Services and Solutions
5.11.4 General Electric Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.11.5 General Electric Recent Developments
5.12 Gemalto
5.12.1 Gemalto Profile
5.12.2 Gemalto Main Business
5.12.3 Gemalto Industrial IoT Platform Products, Services and Solutions
5.12.4 Gemalto Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.12.5 Gemalto Recent Developments
5.13 Zebra Technologies
5.13.1 Zebra Technologies Profile
5.13.2 Zebra Technologies Main Business
5.13.3 Zebra Technologies Industrial IoT Platform Products, Services and Solutions
5.13.4 Zebra Technologies Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.13.5 Zebra Technologies Recent Developments
5.14 AT&T
5.14.1 AT&T Profile
5.14.2 AT&T Main Business
5.14.3 AT&T Industrial IoT Platform Products, Services and Solutions
5.14.4 AT&T Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.14.5 AT&T Recent Developments
5.15 Xively (LogMeIn)
5.15.1 Xively (LogMeIn) Profile
5.15.2 Xively (LogMeIn) Main Business
5.15.3 Xively (LogMeIn) Industrial IoT Platform Products, Services and Solutions
5.15.4 Xively (LogMeIn) Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.15.5 Xively (LogMeIn) Recent Developments
5.16 Aeris
5.16.1 Aeris Profile
5.16.2 Aeris Main Business
5.16.3 Aeris Industrial IoT Platform Products, Services and Solutions
5.16.4 Aeris Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.16.5 Aeris Recent Developments
5.17 Exosite
5.17.1 Exosite Profile
5.17.2 Exosite Main Business
5.17.3 Exosite Industrial IoT Platform Products, Services and Solutions
5.17.4 Exosite Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.17.5 Exosite Recent Developments
5.18 Particle
5.18.1 Particle Profile
5.18.2 Particle Main Business
5.18.3 Particle Industrial IoT Platform Products, Services and Solutions
5.18.4 Particle Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.18.5 Particle Recent Developments
5.19 Ayla Networks
5.19.1 Ayla Networks Profile
5.19.2 Ayla Networks Main Business
5.19.3 Ayla Networks Industrial IoT Platform Products, Services and Solutions
5.19.4 Ayla Networks Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.19.5 Ayla Networks Recent Developments
5.20 relayr
5.20.1 relayr Profile
5.20.2 relayr Main Business
5.20.3 relayr Industrial IoT Platform Products, Services and Solutions
5.20.4 relayr Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.20.5 relayr Recent Developments
5.21 Bosch Software Innovations
5.21.1 Bosch Software Innovations Profile
5.21.2 Bosch Software Innovations Main Business
5.21.3 Bosch Software Innovations Industrial IoT Platform Products, Services and Solutions
5.21.4 Bosch Software Innovations Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.21.5 Bosch Software Innovations Recent Developments
5.22 Teezle
5.22.1 Teezle Profile
5.22.2 Teezle Main Business
5.22.3 Teezle Industrial IoT Platform Products, Services and Solutions
5.22.4 Teezle Industrial IoT Platform Revenue (US$ Million) & (2018-2023)
5.22.5 Teezle Recent Developments
6 North America
6.1 North America Industrial IoT Platform Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Industrial IoT Platform 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 IoT Platform 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 IoT Platform 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 IoT Platform 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 IoT Platform Market Dynamics
11.1 Industrial IoT Platform Industry Trends
11.2 Industrial IoT Platform Market Drivers
11.3 Industrial IoT Platform Market Challenges
11.4 Industrial IoT Platform 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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