Industrial IoT Market: A Study of the Industry’s Evolving Landscape

The global Industrial IoT Market will be worth USD 128.09 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of the Industrial IoT solutions by industrialists and manufacturers. The growing need to improve productivity, enhance the workers’ safety, and reduce the operating and manufacturing costs is expected to drive the growth of the Industrial IoT technologies over the forecast period. The rising need to reduce the risk of cyber and data breaches caused by human errors is most likely to fuel the demand for Industrial IoT technologies.

The report enumerates the key market players, scrutinizing their strategic initiatives such as collaborations & partnerships, mergers & acquisitions, joint ventures, technological innovation, and new product launches. The analysts have implemented several industry-leading methods for data collection. The report elaborates on the current scenario by taking a closer look at the major players, cost structures, and product pricing. Therefore, the latest report focuses on several pivotal factors influencing market growth, including market size, sales volume, revenue forecast, regional concentration, and ongoing market trends.

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Key companies operating in the Industrial IoT market include:

GE, Intel, Cisco, IBM, Siemens, Honeywell, Rockwell Automation, Texas Instruments, ABB, Kuka

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Industrial IoT market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Industrial IoT Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Industrial IoT Market Segmentation:

• Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
  • Services (Managed, Professional)
  • Solution (Analytics, Remote Monitoring, Security Solutions, Data Management)
  • Platform (Application Management, Connectivity Management, Device Management)
• End-User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
  • Energy & Power
  • Healthcare
  • Agriculture
  • Manufacturing
  • Oil & Gas
  • Logistics & Transport
  • Others
• Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

Industrial IoT Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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