Global Industrial Internet of Things (IoT) Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	186 Pages	TechNavio	February, 2023	INF17712989

Best Price Guarantee
Price	from $2,500
Length	186 Pages
Publisher	TechNavio
Published Date	February, 2023
SKU	INF17712989

Global Industrial Internet of Things (IoT) Market 2023-2027

Technavio has been monitoring the industrial internet of things (IoT) market and is forecast to grow by $123.98 bn during 2022-2027, accelerating at a CAGR of 12.23% during the forecast period. Our report on the industrial internet of things (IoT) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in industrial automation, growing importance of data-driven business outcomes in the industrial sector, and increasing focus on providing end-to-end services.

Technavio's industrial internet of things (IoT) market is segmented as below:

By End-user

Manufacturing
Automotive and transportation
Energy and utilities
Healthcare
Others

By Component

Hardware
Software
Services

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the evolution of global device managers as one of the prime reasons driving the industrial internet of things (IoT) market growth during the next few years. Also, blockchain and IoT and leveraging manufacturing data for predictive maintenance will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the industrial internet of things (IoT) market covers the following areas:

Industrial internet of things (IoT) market sizing
Industrial internet of things (IoT) market forecast
Industrial internet of things (IoT) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial internet of things (IoT) market vendors that include ABB Ltd., Advantech Co. Ltd., Arm Ltd., Dassault Systemes SE, General Electric Co., Honeywell International Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., KUKA AG, Microsoft Corp., NEC Corp., Qualcomm Inc., Robert Bosch GmbH, Rockwell Automation Inc., Siemens AG, Telefonaktiebolaget LM Ericsson, Texas Instruments Inc., Yokogawa Electric Corp., and Cisco Systems Inc. Also, the industrial internet of things (IoT) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Market Segmentation by Component
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global industrial Internet of things (IoT) market 2017 - 2021
  - Table Historic Market Size – Data Table on Global industrial Internet of things (IoT) market 2017 - 2021 ($ billion)
- Component Segment Analysis 2017 - 2021
  - Table Historic Market Size – Component Segment 2017 - 2021 ($ billion)
- End-User Segment Analysis 2017 - 2021
  - Table Historic Market Size – End-User Segment 2017 - 2021 ($ billion)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Manufacturing - Market size and forecast 2022-2027
  - Table Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
- Automotive and transportation - Market size and forecast 2022-2027
  - Table Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
- Energy and utilities - Market size and forecast 2022-2027
  - Table Chart on Energy and utilities - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Energy and utilities - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Energy and utilities - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Energy and utilities - Year-over-year growth 2022-2027 (%)
- Healthcare - Market size and forecast 2022-2027
  - Table Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Healthcare - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ billion)
Market Segmentation by Component
- Market segments
  - Table Chart on Component - Market share 2022-2027 (%)
  - Table Data Table on Component - Market share 2022-2027 (%)
- Comparison by Component
  - Table Chart on Comparison by Component
  - Table Data Table on Comparison by Component
- Hardware - Market size and forecast 2022-2027
  - Table Chart on Hardware - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Hardware - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Hardware - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hardware - Year-over-year growth 2022-2027 (%)
- Software - Market size and forecast 2022-2027
  - Table Chart on Software - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Software - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Software - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Software - Year-over-year growth 2022-2027 (%)
- Services - Market size and forecast 2022-2027
  - Table Chart on Services - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Services - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Services - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Services - Year-over-year growth 2022-2027 (%)
- Market opportunity by Component
  - Table Market opportunity by Component ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
  - Table Chart on UK - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on UK - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on UK - Year-over-year growth 2022-2027 (%)
  - Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Growth in industrial automation
  - Growing importance of data-driven business outcomes in the industrial sector
  - Increasing focus on providing end-to-end services
- Market challenges
  - Lack of awareness of efficient management of IoT initiatives and investments
  - Increasing cybersecurity threats
  - High cost of implementation of IoT and its security
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Evolution of global device managers
  - Blockchain and IoT
  - Leveraging manufacturing data for predictive maintenance
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- Cisco Systems Inc.
  - Table Cisco Systems Inc. - Overview
  - Table Cisco Systems Inc. - Business segments
  - Table Cisco Systems Inc. - Key news
  - Table Cisco Systems Inc. - Key offerings
  - Table Cisco Systems Inc. - Segment focus
- Dassault Systemes SE
  - Table Dassault Systemes SE - Overview
  - Table Dassault Systemes SE - Product / Service
  - Table Dassault Systemes SE - Key news
  - Table Dassault Systemes SE - Key offerings
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Honeywell International Inc.
  - Table Honeywell International Inc. - Overview
  - Table Honeywell International Inc. - Business segments
  - Table Honeywell International Inc. - Key news
  - Table Honeywell International Inc. - Key offerings
  - Table Honeywell International Inc. - Segment focus
- Intel Corp.
  - Table Intel Corp. - Overview
  - Table Intel Corp. - Business segments
  - Table Intel Corp. - Key news
  - Table Intel Corp. - Key offerings
  - Table Intel Corp. - Segment focus
- International Business Machines Corp.
  - Table International Business Machines Corp. - Overview
  - Table International Business Machines Corp. - Business segments
  - Table International Business Machines Corp. - Key offerings
  - Table International Business Machines Corp. - Segment focus
- Microsoft Corp.
  - Table Microsoft Corp. - Overview
  - Table Microsoft Corp. - Business segments
  - Table Microsoft Corp. - Key news
  - Table Microsoft Corp. - Key offerings
  - Table Microsoft Corp. - Segment focus
- NEC Corp.
  - Table NEC Corp. - Overview
  - Table NEC Corp. - Business segments
  - Table NEC Corp. - Key news
  - Table NEC Corp. - Key offerings
  - Table NEC Corp. - Segment focus
- Qualcomm Inc.
  - Table Qualcomm Inc. - Overview
  - Table Qualcomm Inc. - Business segments
  - Table Qualcomm Inc. - Key news
  - Table Qualcomm Inc. - Key offerings
  - Table Qualcomm Inc. - Segment focus
- Robert Bosch GmbH
  - Table Robert Bosch GmbH - Overview
  - Table Robert Bosch GmbH - Business segments
  - Table Robert Bosch GmbH - Key news
  - Table Robert Bosch GmbH - Key offerings
  - Table Robert Bosch GmbH - Segment focus
- Rockwell Automation Inc.
  - Table Rockwell Automation Inc. - Overview
  - Table Rockwell Automation Inc. - Business segments
  - Table Rockwell Automation Inc. - Key news
  - Table Rockwell Automation Inc. - Key offerings
  - Table Rockwell Automation Inc. - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
- Texas Instruments Inc.
  - Table Texas Instruments Inc. - Overview
  - Table Texas Instruments Inc. - Business segments
  - Table Texas Instruments Inc. - Key news
  - Table Texas Instruments Inc. - Key offerings
  - Table Texas Instruments Inc. - Segment focus
- Yokogawa Electric Corp.
  - Table Yokogawa Electric Corp. - Overview
  - Table Yokogawa Electric Corp. - Business segments
  - Table Yokogawa Electric Corp. - Key offerings
  - Table Yokogawa Electric Corp. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations