Global Industrial Internet of Things (IIoT) Market Growth (Status and Outlook) 2023-2029

Global Industrial Internet of Things (IIoT) Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Industrial Internet of Things (IIoT) Industry Forecast” looks at past sales and reviews total world Industrial Internet of Things (IIoT) sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Internet of Things (IIoT) sales for 2023 through 2029. With Industrial Internet of Things (IIoT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Internet of Things (IIoT) industry.
This Insight Report provides a comprehensive analysis of the global Industrial Internet of Things (IIoT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Internet of Things (IIoT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Internet of Things (IIoT) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Internet of Things (IIoT) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Internet of Things (IIoT).
The global Industrial Internet of Things (IIoT) market size is projected to grow from US$ 959.5 million in 2022 to US$ 3753.8 million in 2029; it is expected to grow at a CAGR of 21.5% from 2023 to 2029.
Global core industrial internet of things players include IBM, Cisco and Microsoft etc. The top 3 companies hold a share about 15%. America is the largest market, with a share about 28%, followed by Europe and China.
In terms of product, Service Product is the largest segment with a share about 38%. And in terms of applications, the largest application is manufacturing with a share about 21%.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Internet of Things (IIoT) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Service
Segmentation by application
Manufacturing
Energy and Electricity
Oil and Gas
Metals and Mining
Logistics
Transportation
Agriculture
Medical Insurance
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Cisco
Microsoft
Dell
Siemens
Intel
Google
SAP
ABB
Bosch
Hitachi
Vodafone
Schneider Electric
Panasonic
Honeywell
GE
AT&T
Huawei
Ericsson
Toshiba
NEC
Dassault Systèmes
Belden
Digi International
Haier
PTC
Midea
Foxconn Industrial Internet
Boe Technology Group
Kyland Technology
Tsinghua Tongfang
Fujian Star-net Communication
CIMC IOT Technology

Please note: The report will take approximately 2 business days to prepare and deliver.