Industrial IoT Market Global Innovations, Competitive Analysis, New Business Developments and Top Companies – Global Forecast to 2026 - PowerPoint PPT Presentation

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Industrial IoT Market Global Innovations, Competitive Analysis, New Business Developments and Top Companies – Global Forecast to 2026

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The global IIoT (Industrial IoT) market is valued at USD 171 billion in 2019 and anticipated to grow at a CAGR of 28.2% from 2019 to 2025. – PowerPoint PPT presentation

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Title: Industrial IoT Market Global Innovations, Competitive Analysis, New Business Developments and Top Companies – Global Forecast to 2026


1
Industrial IoT Market
  • by Component (hardware, software, services,
    connectivity), Applications (manufacturing,
    energy power, healthcare, logistics
    transport, agriculture, others), and Region,
    Global Forecast 2018 to 2025

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2
The Inclination Of Businesses Towards Predictive
Maintenance Has Led To Industrial IoT Market
Growth
  • The global industrial IoT market size is
    projected to reach USD 726 billion by 2025.
  • Having realized that the industrial internet of
    things can enable radical improvement in
    functional efficacies, numerous organizations
    throughout the globe are adopting predictive
    maintenance methods based on compatible software
    and smart sensors. The method can particularly
    enable in enhancing the safety factor while
    restricting the equipment downtime.
  • The industrial IIoT industry continues to advance
    with respect to the growing preference over cloud
    integration backed by increasing adoption of
    high-tech smart sensors and data analytics tools
    for inventory facility management and
    optimization of supply chain logistics using
    smart metering. On the other hand, the
    application of IoT is agriculture that includes
    managing soil and water, livestock monitoring,
    field monitoring through drones, managing smart
    greenhouses, precision farming, and more, have
    gained the demand for IIoT in the last few years.
    However, concerns over technology integration,
    asset-level visibility, and security, are some of
    the restraints that are likely to hinder the
    market growth.
  • The report also throws light on various aspects
    of the global industrial IoT industry by
    assessing the market using value chain analysis.
    The report covers several qualitative aspects of
    the industrial IoT industry in market drivers,
    market restraints and key industry trends.
    Furthermore, the report provides an in-depth
    assessment of the market competition with company
    profiles of global as well as local vendors.
  • The global industrial IoT market has strong
    competition among the well-established and new
    emerging players. These market players targets to
    gain a competitive advantage over the other
    players by participating in partnerships,
    mergers, and acquisitions and expanding their
    businesses.

3
The Inclination Of Businesses Towards Predictive
Maintenance Has Led To Industrial IoT Market
Growth
  • The growth for industrial IoT in the Asia Pacific
    region is expected to be the largest from
    2019-2025. The growth in demand for automated
    solutions from mining, metals, healthcare, and
    manufacturing industries shall drive the demand
    for the market substantially. On the other hand,
    government initiatives and regulations within the
    IIoT industry from nations such as India, China,
    South Korea, and Japan, are helping them to
    develop manufacturing sectors with a rise in
    capital investments in automation solutions.
  • The major players of global industrial IoT market
    are Cisco, GE, Honeywell, Intel, IBM, ABB,
    Rockwell Automation, Siemens, Huawei, Bosch, KUKA
    AG, Texas Instruments, Dassault Systemes, PTC,
    ARM, and NEC. As of 2019, the market for IIoT
    providers is fragmented with the presence of
    established global and domestic players across
    the globe. Moreover, the established companies
    are coming up with upgraded industrial IoT
    technologies that provide digital and automation
    solutions.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/industrial-iot-market

4
Key segments of the global Industrial IoT market
  • Component Overview, 2018-2025 (USD Billion)
  • Hardware
  • Software
  • Services
  • Connectivity
  • Application Overview, 2018-2025 (USD Billion)
  • Manufacturing
  • Energy Power
  • Healthcare
  • Logistics Transport
  • Agriculture
  • Others

5
Key segments of the global Industrial IoT market
  • Regional Overview, 2015-2025 (USD million) (Kilo
    tons)
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa
  • Purchase a single user copy of the global
    Industrial IoT market report_at_ https//adroitmarket
    research.com/researchreport/purchase/588

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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