Global Industrial IoT Software Market Growth (Status and Outlook) 2024-2030

Global Industrial IoT Software Market Growth (Status and Outlook) 2024-2030

Industrial IoT software, or IIoT software, provides assistance with configuring, managing, and monitoring internet of things (IoT) devices used in manufacturing operations. Smart technology allows factory operators and workers to optimize resource usage, improve product quality, and automate certain routine tasks, while generating valuable data across the operation.

The global Industrial IoT Software market size is projected to grow from US$ 2505.3 million in 2023 to US$ 8103.4 million in 2030; it is expected to grow at a CAGR of 18.3% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Industrial IoT Software Industry Forecast” looks at past sales and reviews total world Industrial IoT Software sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial IoT Software sales for 2024 through 2030. With Industrial IoT Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial IoT Software industry.

This Insight Report provides a comprehensive analysis of the global Industrial IoT Software 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 IoT Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial IoT Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial IoT Software 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 IoT Software.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial IoT Software market by product type, application, key players and key regions and countries.

Segmentation by type
Cloud-Based
On-Premises

Segmentation by application
Large Enterprises
SMEs

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.
AWS
PTC
Augury Systems
Bridgera
Bright Wolf
Flutura Business Solutions LLC
Altizon Systems
Davra
Telit
FANUC America Corporation
Gaonic
HPE
Iconics
PLVision
Temboo
Litmus Automation, Inc
Plex Systems
GE
QBurst
QiO Technologies
relayr
Software Associates
RootCloud
Real-Time Innovations
Samsara
Splunk
Tulip
Uptake
Verizon Enterprise

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