Industrial IoT Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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Global Industrial IoT Market Research and
Forecast Report 2024-2032

• Format PDFEXCEL

2023 IMARC All Rights Reserved
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About IMARC Group

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Industrial IoT Market Global Industry
  Trends, Share, Size, Growth, Opportunity and
  Forecast 2024-2032," the global Industrial
  Internet of things (IIoT) market size reached US
  255.3 Billion in 2023.
• Industrial Internet of Things (IIoT), also known
  as Industry 4.0, integrates smart industrial
  machine sensors and actuators with the internet
  to enhance manufacturing and industrial
  processes. It is a network of intelligent devices
  connected to form systems that collect, exchange,
  monitor, and analyze data from industrial
  operations.
• It increases visibility, enhances efficiency,
  troubleshooting, and maintenance capabilities,
  reduces costs, improves security and safety, and
  maximizes revenue growth. In addition, it helps
  to improve employee productivity, enables
  business models to save money and time, and
  minimizes operating costs. As a result,
  industrial IoT is widely utilized across
  manufacturing, automotive, energy and utilities,
  transportation, and healthcare industries across
  the globe.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/industrial-iot-market/r
  equestsample

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Report Description

• Global Industrial IoT Market Trends
• The market is primarily driven by the rising
  demand for connected devices and data solutions
  across various industrial applications such as
  medical devices, robotics, and software-defined
  production processes. In addition, various
  technological advancements in electronic devices
  and semiconductors and the standardization of
  IPv6 are contributing to the market growth.
  Moreover, the widespread adoption of artificial
  intelligence (AI) and IoT in the manufacturing
  sector to help optimize industrial processes,
  offer quality control, predict machine failure,
  and send emergency alerts, represents another
  major growth-inducing factor. Besides this, rapid
  urbanization growing automation, and the
  increasing use of IoT across several industrial
  verticals, including oil and gas, retail,
  infrastructure, and transportation, are providing
  a positive thrust to market growth.
• Along with this, the rising adoption of machine
  learning (ML) and artificial intelligence (AI) to
  offer predictive and prescriptive analytical
  solutions is propelling the market growth. Apart
  from this, the sudden outbreak of coronavirus
  disease (COVID-19), resulting in the growing
  popularity of remote working, has also
  accelerated the product adoption rate.
  Furthermore, increasing investments by key
  players in research and development (RD)
  activities to improve the technology in the
  industrial IoT is creating a favorable market
  outlook across the globe.
• Looking forward, IMARC Group expects the market
  value to reach US 806.0 Billion by 2032,
  exhibiting a CAGR of 13.2 during the forecast
  period (2024-2032).
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/industrial-iot-market

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Report Segmentation

• Breakup by Component
• Hardware
• Software
• Services
• Connectivity
•  
• Breakup by End User
• Manufacturing
• Energy and Utilities
• Automotive and Transportation
• Healthcare
• Others

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Report Segmentation

• Breakup by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

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Competitive Landscape with Key Players

• Cisco Systems, Inc.
• General Electric
• Honeywell International Inc.
• Intel Corporation
• International Business Machines Corporation
• ABB Group
• Rockwell Automation
• Siemens AG
• Huawei Technologies Co., Ltd.
• Bosch
• KUKA Robotics
• Texas Instruments Incorporated
• Dassault Systèmes SE
• PTC
• Arm Limited
• NEC Corporation.

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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    Scope and Methodology    2.1  
   Objectives of the Study    2.2  
   Stakeholders    2.3    Data Sources       
  2.3.1    Primary Sources        2.3.2  
   Secondary Sources    2.4    Market Estimation 
        2.4.1    Bottom-Up Approach        2.4.2  
   Top-Down Approach    2.5    Forecasting
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5   Global Industrial IoT
  Market    5.1    Market Overview    5.2  
   Market Performance    5.3    Impact of
  COVID-19    5.4    Market Breakup by Component 
    5.5    Market Breakup by End-User    5.6  
   Market Breakup by Region    5.7    Market
  Forecast6   Market Breakup by Component    6.1
     Hardware        6.1.1    Market Trends     
    6.1.2    Market Forecast    6.2    Software 
        6.2.1    Market Trends        6.2.2  
   Market Forecast       

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Table of Contents

•     6.3    Services        6.3.1    Market
  Trends        6.3.2    Market Forecast    6.4  
   Connectivity        6.4.1    Market Trends   
      6.4.2    Market Forecast7   Market Breakup
  by End-User    7.1    Manufacturing       
  7.1.1    Market Trends        7.1.2    Market
  Forecast    7.2    Energy and Utilities       
  7.2.1    Market Trends        7.2.2    Market
  Forecast    7.3    Automotive and
  Transportation        7.3.1    Market Trends   
      7.3.2    Market Forecast    7.4  
   Healthcare        7.4.1    Market Trends     
    7.4.2    Market Forecast    7.5    Others   
      7.5.1    Market Trends        7.5.2  
   Market Forecast8   Market Breakup by Region   
  8.1    Europe        8.1.1    Market Trends   
      8.1.2    Market Forecast    8.2    North
  America        8.2.1    Market Trends       
  8.2.2    Market Forecast
• For more information, visit https//www.imarcgrou
  p.com/industrial-iot-market/toc

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