Industrial IoT Market

Industrial IoT Market, By Ecosystem (Hardware, Platform, Services, Connectivity, Wired Technologies (Ethernet, Modbus, PROFINET, and FOUNDATION Fieldbus), Wireless Technologies (Wi-Fi, ZigBee, Bluetooth and Bluetooth Low Energy, Cellular Technology, and LPWAN Technology)), By Technology (Sensors, Distributed Control System (DCS), Camera, Condition Monitoring, Radio Frequency Identification (RFID), GPS, Yield Monitor, Industrial Robotics, Flow and Application Control Devices, and Others), By Application (Data Management Solutions for Analytics, Distribution Management System, Manufacturing Execution System (MES), Outage Management System, Product Lifecycle Management, Remote Monitoring, Retail Management System, Predictive Maintenance, and Others), By Industry (Energy and Utilities, Automotive, Manufacturing, Retail, Agriculture, Healthcare, Metal and Mining, Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


The Industrial Internet of Things (IIoT) focuses on smart devices, sensors and equipment that are connected to centralized computer systems. This connectivity enables them to collect, exchange and analyze data for a variety of applications including productivity and efficiency gains. In contrast to the consumer Internet of Things that includes devices like heart monitoring fitness bands and smart home appliances, IIoT connects machines and industrial work equipment with a higher degree of sensitivity. This allows organizations to quickly identify and respond to changes in production processes, worker safety, energy bills and more.

The primary benefits of IIoT in manufacturing are increased productivity and improved agility. By using sensors, software and other technology to monitor and optimize existing processes and workflows, companies can reduce costs by eliminating inefficient manual methods of performing tasks. This enables organizations to increase production rates and get products out to the market faster.

Market Dynamics:

The increasing implementation of advanced sensors and distributed control system in businesses is driving the global industrial IoT market’s growth. The ability of these systems to automate the entire work process helps businesses to streamline their operations, and also reduce their operating costs.

However, the lack of skilled workforce that has knowledge related to handling IoT systems and sensors can limit the growth of this market. Furthermore, the compatibility of IoT devices with the existing communication network is another factor that may restrict the growth of the market.

Key features of the study:

This report provides in-depth analysis of the global Industrial IoT market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global Industrial IoT market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include ABB Ltd., GE Digital, PTC Inc., Robert Bosch GmbH, Siemens AG, Accenture plc., Capgemini, and HCL Technologies Limited

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global Industrial IoT market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Industrial IoT market

Detailed Segmentation:

Global Industrial IoT Market, By Ecosystem

Hardware

Platform

Services

Connectivity

Wired Technologies

Ethernet

Modbus

PROFINET

FOUNDATION Fieldbus

Wireless Technologies

Wi-Fi

ZigBee

Bluetooth and Bluetooth Low Energy

Cellular Technology

LPWAN Technology

Global Industrial IoT Market, By Technology

Sensors

Distributed Control System (DCS)

Camera

Condition Monitoring

Radio Frequency Identification (RFID)

GPS

Yield Monitor

Industrial Robotics

Flow and Application Control Devices

Others

Global Industrial IoT Market, By Application

Data Management Solutions for Analytics

Distribution Management System

Manufacturing Execution System (MES)

Outage Management System

Product Lifecycle Management

Remote Monitoring

Retail Management System

Predictive Maintenance

Others

Global Industrial IoT Market, By Industry

Energy and Utilities

Automotive

Manufacturing

Retail

Agriculture

Healthcare

Metal and Mining

Others

Global Industrial IoT Market, By Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Company Profiles:

ABB Ltd.

GE Digital

PTC Inc.

Robert Bosch GmbH

Siemens AG

Accenture plc.

Capgemini

HCL Technologies Limited


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Ecosystem
Market Snapshot, By Technology
Market Snapshot, By Application
Market Snapshot, By Industry
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Growing demand for IIoT applications in smart industries
Low cost of sensors and advanced sensor technology
Restraints
Integration of IIoT into existing technology
Security concerns regarding IIoT
Opportunities
Growing integration of Machine Learning, AI, and Big Data
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Industrial IoT Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Industrial IoT Market , By Ecosystem, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Platform
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Connectivity
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Wired Technologies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Ethernet
Modbus
PROFINET
FOUNDATION Fieldbus
Wireless Technologies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Wi-Fi
ZigBee
Bluetooth and Bluetooth Low Energy
Cellular Technology
LPWAN Technology
6. Global Industrial IoT Market , By Technology, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Sensors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Distributed Control System (DCS)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Camera
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Condition Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Radio Frequency Identification (RFID)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
GPS
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Yield Monitor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Industrial Robotics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Flow and Application Control Devices
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Global Industrial IoT Market , By Application, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Data Management Solutions for Analytics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Distribution Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Manufacturing Execution System (MES)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Outage Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Product Lifecycle Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Remote Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Retail Management System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Predictive Maintenance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
8. Global Industrial IoT Market , By Industry, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Energy and Utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Retail
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Metal and Mining
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
9. Global Industrial IoT Market , By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2023–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ecosystem, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ecosystem, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ecosystem, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ecosystem, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Ecosystem, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Industry, 2023-2030,(US$ Bn)
10. Competitive Landscape
ABB Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
GE Digital
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
PTC Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Robert Bosch GmbH
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Accenture plc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Capgemini
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
HCL Technologies Limited
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
11. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Global Industrial IoT Market” - Global forecast to 2030

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