The industrial internet of things, or IIoT, is the use of internet of things technologies to enhance manufacturing and industrial processes.Also known as the industrial internet or Industrie 4.0, IIoT incorporates machine learning and big data technologies to harness the sensor data, machine-to-machine (M2M) communication and automation technologies that have existed in industrial settings for years.
Market Analysis and Insights: Global Industrial Internet of Things (IoT) Market
The global Industrial Internet of Things (IoT) market size is projected to reach US$ 102460 million by 2028, from US$ 71160 million in 2021, at a CAGR of 5.3% during 2022-2028.
Fully considering the economic change by this health crisis, Hardware accounting for % of the Industrial Internet of Things (IoT) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Manufacturing segment is altered to an % CAGR throughout this forecast period.
China Industrial Internet of Things (IoT) market size is valued at US$ million in 2021, while the North America and Europe Industrial Internet of Things (IoT) are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Industrial Internet of Things (IoT) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Internet of Things (IoT) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Internet of Things (IoT) market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Internet of Things (IoT) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Internet of Things (IoT) market.
Global Industrial Internet of Things (IoT) Scope and Market Size
Industrial Internet of Things (IoT) market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Industrial Internet of Things (IoT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Hardware
- Sensor
- Software and Service
Segment by Application
- Manufacturing
- Energy & Power
- Oil & Gas
- Healthcare
- Logistics & Transport
- Agriculture
- Others
By Company
- IBM
- Intel
- Schneider
- General Electric
- Emerson
- ABB
- Accenture PLC
- Tech Mahindra
- Softweb Solutions
- Sasken Technologies
- ZIH Corp
- Siemens
- Robert Bosch
- NEC
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
TABLE OF CONTENTS
1 Report Business Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Industrial Internet of Things (IoT) Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
- 1.2.2 Hardware
- 1.2.3 Sensor
- 1.2.4 Software and Service
- 1.3 Market by Application
- 1.3.1 Global Industrial Internet of Things (IoT) Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Manufacturing
- 1.3.3 Energy & Power
- 1.3.4 Oil & Gas
- 1.3.5 Healthcare
- 1.3.6 Logistics & Transport
- 1.3.7 Agriculture
- 1.3.8 Others
- 1.4 Study Objectives
- 1.5 Years Considered
2 Global Growth Trends
- 2.1 Global Industrial Internet of Things (IoT) Market Perspective (2017-2028)
- 2.2 Industrial Internet of Things (IoT) Growth Trends by Region
- 2.2.1 Industrial Internet of Things (IoT) Market Size by Region: 2017 VS 2021 VS 2028
- 2.2.2 Industrial Internet of Things (IoT) Historic Market Size by Region (2017-2022)
- 2.2.3 Industrial Internet of Things (IoT) Forecasted Market Size by Region (2023-2028)
- 2.3 Industrial Internet of Things (IoT) Market Dynamics
- 2.3.1 Industrial Internet of Things (IoT) Industry Trends
- 2.3.2 Industrial Internet of Things (IoT) Market Drivers
- 2.3.3 Industrial Internet of Things (IoT) Market Challenges
- 2.3.4 Industrial Internet of Things (IoT) Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Top Industrial Internet of Things (IoT) Players by Revenue
- 3.1.1 Global Top Industrial Internet of Things (IoT) Players by Revenue (2017-2022)
- 3.1.2 Global Industrial Internet of Things (IoT) Revenue Market Share by Players (2017-2022)
- 3.2 Global Industrial Internet of Things (IoT) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Players Covered: Ranking by Industrial Internet of Things (IoT) Revenue
- 3.4 Global Industrial Internet of Things (IoT) Market Concentration Ratio
- 3.4.1 Global Industrial Internet of Things (IoT) Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Industrial Internet of Things (IoT) Revenue in 2021
- 3.5 Industrial Internet of Things (IoT) Key Players Head office and Area Served
- 3.6 Key Players Industrial Internet of Things (IoT) Product Solution and Service
- 3.7 Date of Enter into Industrial Internet of Things (IoT) Market
- 3.8 Mergers & Acquisitions, Expansion Plans
4 Industrial Internet of Things (IoT) Breakdown Data by Type
- 4.1 Global Industrial Internet of Things (IoT) Historic Market Size by Type (2017-2022)
- 4.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Type (2023-2028)
5 Industrial Internet of Things (IoT) Breakdown Data by Application
- 5.1 Global Industrial Internet of Things (IoT) Historic Market Size by Application (2017-2022)
- 5.2 Global Industrial Internet of Things (IoT) Forecasted Market Size by Application (2023-2028)
6 North America
- 6.1 North America Industrial Internet of Things (IoT) Market Size (2017-2028)
- 6.2 North America Industrial Internet of Things (IoT) Market Size by Type
- 6.2.1 North America Industrial Internet of Things (IoT) Market Size by Type (2017-2022)
- 6.2.2 North America Industrial Internet of Things (IoT) Market Size by Type (2023-2028)
- 6.2.3 North America Industrial Internet of Things (IoT) Market Share by Type (2017-2028)
- 6.3 North America Industrial Internet of Things (IoT) Market Size by Application
- 6.3.1 North America Industrial Internet of Things (IoT) Market Size by Application (2017-2022)
- 6.3.2 North America Industrial Internet of Things (IoT) Market Size by Application (2023-2028)
- 6.3.3 North America Industrial Internet of Things (IoT) Market Share by Application (2017-2028)
- 6.4 North America Industrial Internet of Things (IoT) Market Size by Country
- 6.4.1 North America Industrial Internet of Things (IoT) Market Size by Country (2017-2022)
- 6.4.2 North America Industrial Internet of Things (IoT) Market Size by Country (2023-2028)
- 6.4.3 U.S.
- 6.4.4 Canada
7 Europe
- 7.1 Europe Industrial Internet of Things (IoT) Market Size (2017-2028)
- 7.2 Europe Industrial Internet of Things (IoT) Market Size by Type
- 7.2.1 Europe Industrial Internet of Things (IoT) Market Size by Type (2017-2022)
- 7.2.2 Europe Industrial Internet of Things (IoT) Market Size by Type (2023-2028)
- 7.2.3 Europe Industrial Internet of Things (IoT) Market Share by Type (2017-2028)
- 7.3 Europe Industrial Internet of Things (IoT) Market Size by Application
- 7.3.1 Europe Industrial Internet of Things (IoT) Market Size by Application (2017-2022)
- 7.3.2 Europe Industrial Internet of Things (IoT) Market Size by Application (2023-2028)
- 7.3.3 Europe Industrial Internet of Things (IoT) Market Share by Application (2017-2028)
- 7.4 Europe Industrial Internet of Things (IoT) Market Size by Country
- 7.4.1 Europe Industrial Internet of Things (IoT) Market Size by Country (2017-2022)
- 7.4.2 Europe Industrial Internet of Things (IoT) Market Size by Country (2023-2028)
- 7.4.3 Germany
- 7.4.4 France
- 7.4.5 U.K.
- 7.4.6 Italy
- 7.4.7 Russia
- 7.4.8 Nordic Countries
8 Asia-Pacific
- 8.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size (2017-2028)
- 8.2 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Type
- 8.2.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Type (2017-2022)
- 8.2.2 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Type (2023-2028)
- 8.2.3 Asia-Pacific Industrial Internet of Things (IoT) Market Share by Type (2017-2028)
- 8.3 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Application
- 8.3.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Application (2017-2022)
- 8.3.2 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Application (2023-2028)
- 8.3.3 Asia-Pacific Industrial Internet of Things (IoT) Market Share by Application (2017-2028)
- 8.4 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region
- 8.4.1 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region (2017-2022)
- 8.4.2 Asia-Pacific Industrial Internet of Things (IoT) Market Size by Region (2023-2028)
- 8.4.3 China
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
- 8.4.7 India
- 8.4.8 Australia
9 Latin America
- 9.1 Latin America Industrial Internet of Things (IoT) Market Size (2017-2028)
- 9.2 Latin America Industrial Internet of Things (IoT) Market Size by Type
- 9.2.1 Latin America Industrial Internet of Things (IoT) Market Size by Type (2017-2022)
- 9.2.2 Latin America Industrial Internet of Things (IoT) Market Size by Type (2023-2028)
- 9.2.3 Latin America Industrial Internet of Things (IoT) Market Share by Type (2017-2028)
- 9.3 Latin America Industrial Internet of Things (IoT) Market Size by Application
- 9.3.1 Latin America Industrial Internet of Things (IoT) Market Size by Application (2017-2022)
- 9.3.2 Latin America Industrial Internet of Things (IoT) Market Size by Application (2023-2028)
- 9.3.3 Latin America Industrial Internet of Things (IoT) Market Share by Application (2017-2028)
- 9.4 Latin America Industrial Internet of Things (IoT) Market Size by Country
- 9.4.1 Latin America Industrial Internet of Things (IoT) Market Size by Country (2017-2022)
- 9.4.2 Latin America Industrial Internet of Things (IoT) Market Size by Country (2023-2028)
- 9.4.3 Mexico
- 9.4.4 Brazil
10 Middle East & Africa
- 10.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size (2017-2028)
- 10.2 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Type
- 10.2.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Type (2017-2022)
- 10.2.2 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Type (2023-2028)
- 10.2.3 Middle East & Africa Industrial Internet of Things (IoT) Market Share by Type (2017-2028)
- 10.3 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Application
- 10.3.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Application (2017-2022)
- 10.3.2 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Application (2023-2028)
- 10.3.3 Middle East & Africa Industrial Internet of Things (IoT) Market Share by Application (2017-2028)
- 10.4 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country
- 10.4.1 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country (2017-2022)
- 10.4.2 Middle East & Africa Industrial Internet of Things (IoT) Market Size by Country (2023-2028)
- 10.4.3 Turkey
- 10.4.4 Saudi Arabia
- 10.4.5 UAE
11 Key Players Profiles
- 11.1 IBM
- 11.1.1 IBM Company Details
- 11.1.2 IBM Business Overview
- 11.1.3 IBM Industrial Internet of Things (IoT) Introduction
- 11.1.4 IBM Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.1.5 IBM Recent Developments
- 11.2 Intel
- 11.2.1 Intel Company Details
- 11.2.2 Intel Business Overview
- 11.2.3 Intel Industrial Internet of Things (IoT) Introduction
- 11.2.4 Intel Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.2.5 Intel Recent Developments
- 11.3 Schneider
- 11.3.1 Schneider Company Details
- 11.3.2 Schneider Business Overview
- 11.3.3 Schneider Industrial Internet of Things (IoT) Introduction
- 11.3.4 Schneider Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.3.5 Schneider Recent Developments
- 11.4 General Electric
- 11.4.1 General Electric Company Details
- 11.4.2 General Electric Business Overview
- 11.4.3 General Electric Industrial Internet of Things (IoT) Introduction
- 11.4.4 General Electric Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.4.5 General Electric Recent Developments
- 11.5 Emerson
- 11.5.1 Emerson Company Details
- 11.5.2 Emerson Business Overview
- 11.5.3 Emerson Industrial Internet of Things (IoT) Introduction
- 11.5.4 Emerson Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.5.5 Emerson Recent Developments
- 11.6 ABB
- 11.6.1 ABB Company Details
- 11.6.2 ABB Business Overview
- 11.6.3 ABB Industrial Internet of Things (IoT) Introduction
- 11.6.4 ABB Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.6.5 ABB Recent Developments
- 11.7 Accenture PLC
- 11.7.1 Accenture PLC Company Details
- 11.7.2 Accenture PLC Business Overview
- 11.7.3 Accenture PLC Industrial Internet of Things (IoT) Introduction
- 11.7.4 Accenture PLC Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.7.5 Accenture PLC Recent Developments
- 11.8 Tech Mahindra
- 11.8.1 Tech Mahindra Company Details
- 11.8.2 Tech Mahindra Business Overview
- 11.8.3 Tech Mahindra Industrial Internet of Things (IoT) Introduction
- 11.8.4 Tech Mahindra Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.8.5 Tech Mahindra Recent Developments
- 11.9 Softweb Solutions
- 11.9.1 Softweb Solutions Company Details
- 11.9.2 Softweb Solutions Business Overview
- 11.9.3 Softweb Solutions Industrial Internet of Things (IoT) Introduction
- 11.9.4 Softweb Solutions Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.9.5 Softweb Solutions Recent Developments
- 11.10 Sasken Technologies
- 11.10.1 Sasken Technologies Company Details
- 11.10.2 Sasken Technologies Business Overview
- 11.10.3 Sasken Technologies Industrial Internet of Things (IoT) Introduction
- 11.10.4 Sasken Technologies Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.10.5 Sasken Technologies Recent Developments
- 11.11 ZIH Corp
- 11.11.1 ZIH Corp Company Details
- 11.11.2 ZIH Corp Business Overview
- 11.11.3 ZIH Corp Industrial Internet of Things (IoT) Introduction
- 11.11.4 ZIH Corp Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.11.5 ZIH Corp Recent Developments
- 11.12 Siemens
- 11.12.1 Siemens Company Details
- 11.12.2 Siemens Business Overview
- 11.12.3 Siemens Industrial Internet of Things (IoT) Introduction
- 11.12.4 Siemens Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.12.5 Siemens Recent Developments
- 11.13 Robert Bosch
- 11.13.1 Robert Bosch Company Details
- 11.13.2 Robert Bosch Business Overview
- 11.13.3 Robert Bosch Industrial Internet of Things (IoT) Introduction
- 11.13.4 Robert Bosch Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.13.5 Robert Bosch Recent Developments
- 11.14 NEC
- 11.14.1 NEC Company Details
- 11.14.2 NEC Business Overview
- 11.14.3 NEC Industrial Internet of Things (IoT) Introduction
- 11.14.4 NEC Revenue in Industrial Internet of Things (IoT) Business (2017-2022)
- 11.14.5 NEC Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer