Market Overview:
The global industrial internet-of-things (IIoT) market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of XX%. The growth of the IIoT market can be attributed to the increasing demand for smart factories and the growing trend of Industry 4.0. The IIoT market is segmented on the basis of type, application, and region. On the basis of type, it is divided into private IoT, public IoT, community IoT, and other types. The private IoT segment accounted for a major share in 2017 as it offers various benefits such as improved efficiency and reduced costs to organizations. By application, it is classified into aerospace & defense; healthcare; energy; transportation; control systems/robotics; and other applications. The aerospace & defense sector held a major share in 2017 owing to increased spending on modernization programs by governments across different countries worldwide. Geographically, it is analyzed across North America、Latin America、Europe、Asia Pacific 、and Middle East & Africa . Asia Pacific was estimated to account for a major share in 2018 due with rising investments by key players in this region coupled with an increase in adoption rate of IIoT solutions among small-and medium-sized enterprises (SMEs). Some key players operating in this market are IBM Corporation (US), Microsoft Corporation (US), General Electric Company (US), Intel Corporation(US), Cisco Systems Inc.
Product Definition:
The industrial internet of things (IIoT) is the network of physical objects or "things" embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data. The IIoT is a subset of the broader internet of things (IoT), which refers to any device that can connect to the internet and send or receive data.
Private IoT:
Private IoT is a network that uses a combination of public and private infrastructure to provide enhanced connectivity between devices. It also helps in reducing the cost, time, and power consumed in reaching remote locations. Private IoT networks are designed for specific use cases such as monitoring equipment or smart manufacturing applications. They can be used by companies to build their own customized network based on their requirements without involving third-party vendors or cloud service providers into the mix.
Public IoT:
Public IoT is a network that can be accessed by any device, irrespective of its manufacturer or the location. It is also known as “open wireless” network and provides connectivity to low-cost devices without requiring users to subscribe to an expensive service plan. Public networks are free from security restrictions and offer high bandwidth; however, they lack in terms of privacy and security.
Application Insights:
The aerospace and defense application segment led the global market in 2017. The growth can be attributed to the growing adoption of these devices in aircraft, ships, tanks and armored vehicles for improving performance and safety. Moreover, this sector is expected to witness significant growth over the forecast period owing to increasing government spending on advanced technologies for military purposes such as missile defense systems.
The healthcare segment is anticipated to register a CAGR exceeding 20% from 2018 to 2030 owing to various advantages offered by these devices such as real-time tracking of patients¢â‚¬â„¢ health data which helps improve medical services delivery leading to reduced hospital stay duration among other benefits. Furthermore, rising demand for smart city development across countries will result in increased deployment of IoT solutions resulting in high growth prospects over the forecast period.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of IoT technologies across various industries, such as healthcare, energy and utilities, manufacturing, transportation and logistics. Increasing demand for connected cars is also anticipated to drive the regional market growth over the next eight years. Additionally, rising disposable income coupled with growing consumer electronics industry in countries like China and India are expected to fuel further industry expansion over the coming years.
North America accounted for more than 25% of global revenue share in 2017 owing to early adoption of industrial IoT technologies by several major players operating across numerous industries including oil & gas; chemicals; food & beverage; automotive; pharmaceuticals among others). Presence of prominent vendors offering cloud-based solutions along with high spending capacity on analytics has contributed significantly towards regional growth.
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of low-cost sensors and connected devices
- Growing demand for real-time insights and operational efficiencies
- Emergence of cloud platforms and big data analytics capabilities
- Development of innovative applications and use cases
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Internet-of-Things Market Research Report
By Type
Private IoT, Public IoT, Community IoT, Other
By Application
Aerospace & Defense, Healthcare, Energy, Transportation, Control Systems/Robotics, Other
By Companies
IBM, Intel, Accenture, Cisco, GE, AT&T, Amazon, Pivotal, Seeq, TempoDB, RTI, Google, Omron, Apple, DataLogic, Emerson, BlackBerry, Rockwell Automation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Internet-of-Things Market Report Segments:
The global Industrial Internet-of-Things market is segmented on the basis of:
Types
Private IoT, Public IoT, Community IoT, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Healthcare, Energy, Transportation, Control Systems/Robotics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Intel
- Accenture
- Cisco
- GE
- AT&T
- Amazon
- Pivotal
- Seeq
- TempoDB
- RTI
- Google
- Omron
- Apple
- DataLogic
- Emerson
- BlackBerry
- Rockwell Automation
Highlights of The Industrial Internet-of-Things Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Private IoT
- Public IoT
- Community IoT
- Other
- By Application:
- Aerospace & Defense
- Healthcare
- Energy
- Transportation
- Control Systems/Robotics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Internet-of-Things Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Internet-of-Things (IIoT) is a term used to describe the interconnectedness of physical devices and systems in industrial settings. IIoT can encompass everything from smart buildings to connected vehicles, and it enables companies to improve efficiency, safety, and productivity by making their operations more data-driven.
Some of the key players operating in the industrial internet-of-things market are IBM, Intel, Accenture, Cisco, GE, AT&T, Amazon, Pivotal, Seeq, TempoDB, RTI, Google, Omron, Apple, DataLogic, Emerson, BlackBerry, Rockwell Automation.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Internet-of-Things Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Internet-of-Things Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Internet-of-Things Market - Supply Chain
4.5. Global Industrial Internet-of-Things Market Forecast
4.5.1. Industrial Internet-of-Things Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Internet-of-Things Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Internet-of-Things Market Absolute $ Opportunity
5. Global Industrial Internet-of-Things Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Internet-of-Things Market Size and Volume Forecast by Type
5.3.1. Private IoT
5.3.2. Public IoT
5.3.3. Community IoT
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Internet-of-Things Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Internet-of-Things Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Healthcare
6.3.3. Energy
6.3.4. Transportation
6.3.5. Control Systems/Robotics
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Internet-of-Things Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Internet-of-Things Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Internet-of-Things Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Internet-of-Things Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Internet-of-Things Demand Share Forecast, 2019-2026
9. North America Industrial Internet-of-Things Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Internet-of-Things Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Internet-of-Things Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Healthcare
9.4.3. Energy
9.4.4. Transportation
9.4.5. Control Systems/Robotics
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Internet-of-Things Market Size and Volume Forecast by Type
9.7.1. Private IoT
9.7.2. Public IoT
9.7.3. Community IoT
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Internet-of-Things Demand Share Forecast, 2019-2026
10. Latin America Industrial Internet-of-Things Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Internet-of-Things Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Internet-of-Things Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Healthcare
10.4.3. Energy
10.4.4. Transportation
10.4.5. Control Systems/Robotics
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Internet-of-Things Market Size and Volume Forecast by Type
10.7.1. Private IoT
10.7.2. Public IoT
10.7.3. Community IoT
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Internet-of-Things Demand Share Forecast, 2019-2026
11. Europe Industrial Internet-of-Things Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Internet-of-Things Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Internet-of-Things Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Healthcare
11.4.3. Energy
11.4.4. Transportation
11.4.5. Control Systems/Robotics
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Internet-of-Things Market Size and Volume Forecast by Type
11.7.1. Private IoT
11.7.2. Public IoT
11.7.3. Community IoT
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Internet-of-Things Demand Share, 2019-2026
12. Asia Pacific Industrial Internet-of-Things Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Internet-of-Things Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Internet-of-Things Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Healthcare
12.4.3. Energy
12.4.4. Transportation
12.4.5. Control Systems/Robotics
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Internet-of-Things Market Size and Volume Forecast by Type
12.7.1. Private IoT
12.7.2. Public IoT
12.7.3. Community IoT
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Internet-of-Things Demand Share, 2019-2026
13. Middle East & Africa Industrial Internet-of-Things Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Internet-of-Things Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Internet-of-Things Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Healthcare
13.4.3. Energy
13.4.4. Transportation
13.4.5. Control Systems/Robotics
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Internet-of-Things Market Size and Volume Forecast by Type
13.7.1. Private IoT
13.7.2. Public IoT
13.7.3. Community IoT
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Internet-of-Things Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Internet-of-Things Market: Market Share Analysis
14.2. Industrial Internet-of-Things Distributors and Customers
14.3. Industrial Internet-of-Things Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Intel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Accenture
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cisco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AT&T
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amazon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pivotal
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Seeq
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TempoDB
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RTI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Google
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Omron
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Apple
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DataLogic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Emerson
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. BlackBerry
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Rockwell Automation
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
