Global Industrial Internet of Things Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2025 Industrial Internet of Things Market report contains a forecast of the next 5 years, starting 2019 and ending 2023 with a host of metrics like supply-demand ratio, Industrial Internet of Things market frequency, dominant players of Industrial Internet of Things market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Industrial Internet of Things production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key global Industrial Internet of Things manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
The global Industrial Internet of Things (IIoT) market was valued at USD 312.79 billion in 2017 and is expected to reach USD 700.38 billion by 2023, witnessing a CAGR of 14.36% during the forecast period, 2018 to 2023.
Major Players: GENERAL ELECTRIC COMPANY, ARM HOLDINGS PLC, BROADCOM CORPORATION, CGI GROUP INC., FREESCALE SEMICONDUCTOR INC., GAINSPAN CORPORATION, PTC INC., ATMEL CORPORATION, AXEDA CORPORATION, ORACLE CORPORATION, REAL TIME INNOVATIONS, ROBERT BOSCH GMBH, ZEBRA TECHNOLOGIES CORPORATION, IBM CORPORATION, OMRON CORPORATION, DATALOGIC HOLDING INC., EMERSON ELECTRIC CO., HONEYWELL AUTOMATION, SIEMENS AG, SAP SE, amongst others
Global Industrial Internet of Things Market Segmented By Technology (Wireless, Wired), Component (Memory, Processor, RFID, Networking), Type (Smart Mobility, Smart Buildings, Smart Homes, Smart Lighting), Industry Type (Transportation, Manufacturing, Retail, Finance, Healthcare)
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Industrial Internet of Things (IIoT) is a digital revolution, which is changing the way we live and work. Many companies have already started exploiting the opportunities it unfolds by extracting maximum value required for a big data approach. It is expected that the number of internet-connected devices will multiply to tens of billions in the near future. One reason for this growth is the combination of IIoT and big data analytics, which promises to further drive operational efficiencies, along with more innovation and, ultimately, new sources of revenue. The market for IIoT is set for tremendous growth in 2018 as more businesses realize its potential uses and the impact it can have on the global economy.
Regional Analysis For Industrial Internet of Things Market:
For comprehensive understanding of market dynamics, the global Industrial Internet of Things market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
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Asia-Pacific is Expected to Dominate the Market
Asia-Pacific is expected to account for the largest share in the overall Industrial Internet of Things market. The huge market in this region is mainly due to the adoption of IoT across various industries, like manufacturing, healthcare, etc. There is a huge demand for IIoT in countries, like China, Japan, India, and South Korea, where this demand is attributed to the significant growth of the end users. The increased commercialization of the applications related to Internet of Things in these developing countries is booming the market for IIoT. Initiatives from the government sectors are leading to huge encouragement among consumers to adopt this technology. The growing population and disposable incomes of consumers in this region, coupled with urbanization and large-scale industrialization, are factors accelerating the growth of Industrial Internet of Things market in the APAC region.
TABLE OF CONTENT:
- Industry Overview of Industrial Internet of Things
- Global Industrial Internet of Things Competition Analysis by Players
- Company (Top Players) Profiles
- Global Industrial Internet of Things Market Size by Type and Application (2013-2019)
- Market Forecast by Regions, Type and Application (2019-2023)
- Industrial Internet of Things Market Dynamics
- Market Effect Factors Analysis
- Research Finding/Conclusion
The report has 150 tables and figures browse the report description and TOC:
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Industrial Internet of Things Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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