Global Industrial Internet Of Things Market Size, Share, and Analysis, By Component (Solution, Services, Platform), By End Use Industry (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Transportation & Logistics, Others) and Regional Forecasts, 2022
Global Industrial Internet Of Things Market Size, Share, and Analysis, By Component (Solution, Services, Platform), By End Use Industry (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Transportation & Logistics, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Industrial Internet Of Things Market size was USD 250.97 billion in 2021 and projected to grow from USD 344.5 billion in 2023 to USD 1466.1 billion by 2032, exhibiting a CAGR of 17.4% during the forecast period.
Industrial Internet Of Things abbreviated as IIoT, refers to the use of smart actuators and sensors to improve industrial and manufacturing processes. The Machine-to-Machine (M2M) Internet of Things (IIoT) enables businesses and industries to operate more efficiently and reliably owing to its strong emphasis on M2M connectivity, machine learning, and big data. Industrial applications like medical technology, robotics, and more are all included in the IIoT.
MARKET HIGHLIGHTS
Industrial Internet Of Things Market is expected to reach USD 1466.1 billion, growing at a CAGR of 17.4% during the forecast period owing to the technological improvements in electronic and semiconductor devices, augmented utilization of cloud computing platforms, and IPv6’s standardization. Moreover, assistance from governments of various nations for R&D activities associated with IloT is anticipated to fuel market.
Global Industrial Internet Of Things Market Segments:
Component
Solution
Services
Platform
End Use Industry
Manufacturing
Energy & Power
Oil & Gas
Healthcare
Transportation & Logistics
Others
MARKET DYNAMICS
Growth Drivers
Rising Awareness and Adoption of IIoT Solutions is Expected to Boost the Market Growth
Increasing Technological Advancements and Easy Accessibility & Cost Efficiency are Expected to Boost the Market Growth
Restraint
Security Weakness and Compromised Operations to Restrain the Market Growth
Global Laboratory Temperature Control Units Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*
1. Executive Summary
1.1.Regional Market Share
1.2. Business Trends
1.3. Industrial Internet Of Things Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1. Market Definition
3.2.Industrial Internet Of Things Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. Industrial Internet Of Things Market – Industry Insights
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7.Market Dynamics
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. Market Analysis
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. Industrial Internet Of Things Market
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. Industrial Internet Of Things Market Size & Forecast 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Component
10.3.1.1.Solution
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Services
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Platform
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.By End Use Industry
10.3.2.1. Manufacturing
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Energy & Power
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3.Oil & Gas
10.3.2.3.1.By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.4.Healthcare
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2.Market Share (%) 2022-2032F
10.3.2.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.5.Transportation & Logistics
10.3.2.5.1.By Value (USD Million) 2022-2032F
10.3.2.5.2.Market Share (%) 2022-2032F
10.3.2.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.6.Others
10.3.2.6.1.By Value (USD Million) 2022-2032F
10.3.2.6.2. Market Share (%) 2022-2032F
10.3.2.6.3. Y-o-Y Growth (%) 2022-2032F
11.North America Industrial Internet Of Things Market Size & Forecast 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.2. By End Use Industry
11.4.Country
11.4.1. United States
11.4.2.Canada
12. Europe Industrial Internet Of Things Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By End Use Industry
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. Asia Industrial Internet Of Things Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By End Use Industry
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. Middle East and Africa Industrial Internet Of Things Market Size & Forecast 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By End Use Industry
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. Latin America Industrial Internet Of Things Market Size & Forecast 2022A-2032F