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Market Research Report
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1077544

Global Industrial Internet of Things Market Size study, By Component, By End-use Verticals, and Regional Forecasts 2022-2028

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Industrial Internet of Things Market Size study, By Component, By End-use Verticals, and Regional Forecasts 2022-2028
Published: May 15, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Industrial Internet of Things (IIoT) Market is valued approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.

The industrial internet of things (IIoT) is an instrument, interconnected sensors, and other devices networked together with computers' industrial applications that comprise energy and manufacturing management. IIoT is gaining a huge consumer base in the industries such as manufacturing, healthcare, logistics & transport, energy & power, oil & gas, agriculture, and many others. The growing adoption of the Internet of Things (IoT) and artificial intelligence (AI) in the manufacturing industry, rising initiatives from various regional governments for R&D activities related to IIoT, coupled with the increased use of cloud computing platforms are the key factors that are fostering the global market demand. For instance, according to Statista, in 2021, the industrial IoT market was stood at USD 82.7 billion worldwide. Also, the market is projected to grow and reach USD 110.06 billion by 2025. Accordingly, the rising adoption of industrial IoT is impelling market growth across the globe. However, the incompatibility of legacy equipment with communication networks and the growing need to maintain and update IIoT systems impede the growth of the market over the forecast period of 2022-2028. Also, the rising application of AI and IoT in the medical sector and the development of the emerging markets are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Industrial Internet of Things (IIoT) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing acceptance of the novel technologies and the presence of well-established market vendors. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the government initiatives for the adoption of emerging technologies, as well as, rising investments for R&D activities, would create lucrative growth prospects for the Industrial Internet of Things (IIoT) Market across the Asia-Pacific region.

Major market players included in this report are:

Huawei Technologies Co., Ltd.

Cisco

General Electric Company (GE)

Intel Corporation

Rockwell Automation, Inc.

ABB Ltd

Honeywell International Inc.

IBM Corporation

Microsoft Corporation

Siemens AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Solution

Services

Platform

By End-use Verticals

Manufacturing

Energy & Power

Oil & Gas

Healthcare

Logistics & Transport

Agriculture

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Industrial Internet of Things (IIoT) Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Global Industrial Internet of Things (IIoT) Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Global Industrial Internet of Things (IIoT) Market, by Component, 2020-2028 (USD Billion)
    • 1.2.3. Global Industrial Internet of Things (IIoT) Market, by End-use Verticals, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Industrial Internet of Things (IIoT) Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Industrial Internet of Things (IIoT) Market Dynamics

  • 3.1. Industrial Internet of Things (IIoT) Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing adoption of artificial intelligence (AI) and Internet of Things (IoT) in manufacturing sector
      • 3.1.1.2. Growing use of cloud computing platforms
    • 3.1.2. Market Challenges
      • 3.1.2.1. Incompatibility of legacy equipment with communication networks
      • 3.1.2.2. Growing need to maintain and updates of IIoT systems
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising application of AI and IoT in medical sector
      • 3.1.3.2. Development of the emerging markets

Chapter 4. Global Industrial Internet of Things (IIoT) Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Industrial Internet of Things (IIoT) Market, by Component

  • 6.1. Market Snapshot
  • 6.2. Global Industrial Internet of Things (IIoT) Market by Component, Performance - Potential Analysis
  • 6.3. Global Industrial Internet of Things (IIoT) Market Estimates & Forecasts by Component 2018-2028 (USD Billion)
  • 6.4. Industrial Internet of Things (IIoT) Market, Sub Segment Analysis
    • 6.4.1. Solution
    • 6.4.2. Services
    • 6.4.3. Platform

Chapter 7. Global Industrial Internet of Things (IIoT) Market, by End-use Verticals

  • 7.1. Market Snapshot
  • 7.2. Global Industrial Internet of Things (IIoT) Market by End-use Verticals, Performance - Potential Analysis
  • 7.3. Global Industrial Internet of Things (IIoT) Market Estimates & Forecasts by End-use Verticals 2018-2028 (USD Billion)
  • 7.4. Industrial Internet of Things (IIoT) Market, Sub Segment Analysis
    • 7.4.1. Manufacturing
    • 7.4.2. Energy & Power
    • 7.4.3. Oil & Gas
    • 7.4.4. Healthcare
    • 7.4.5. Logistics & Transport
    • 7.4.6. Agriculture
    • 7.4.7. Others

Chapter 8. Global Industrial Internet of Things (IIoT) Market, Regional Analysis

  • 8.1. Industrial Internet of Things (IIoT) Market, Regional Market Snapshot
  • 8.2. North America Industrial Internet of Things (IIoT) Market
    • 8.2.1. U.S. Industrial Internet of Things (IIoT) Market
      • 8.2.1.1. Component estimates & forecasts, 2018-2028
      • 8.2.1.2. End-use Verticals estimates & forecasts, 2018-2028
    • 8.2.2. Canada Industrial Internet of Things (IIoT) Market
  • 8.3. Europe Industrial Internet of Things (IIoT) Market Snapshot
    • 8.3.1. U.K. Industrial Internet of Things (IIoT) Market
    • 8.3.2. Germany Industrial Internet of Things (IIoT) Market
    • 8.3.3. France Industrial Internet of Things (IIoT) Market
    • 8.3.4. Spain Industrial Internet of Things (IIoT) Market
    • 8.3.5. Italy Industrial Internet of Things (IIoT) Market
    • 8.3.6. Rest of Europe Industrial Internet of Things (IIoT) Market
  • 8.4. Asia-Pacific Industrial Internet of Things (IIoT) Market Snapshot
    • 8.4.1. China Industrial Internet of Things (IIoT) Market
    • 8.4.2. India Industrial Internet of Things (IIoT) Market
    • 8.4.3. Japan Industrial Internet of Things (IIoT) Market
    • 8.4.4. Australia Industrial Internet of Things (IIoT) Market
    • 8.4.5. South Korea Industrial Internet of Things (IIoT) Market
    • 8.4.6. Rest of Asia Pacific Industrial Internet of Things (IIoT) Market
  • 8.5. Latin America Industrial Internet of Things (IIoT) Market Snapshot
    • 8.5.1. Brazil Industrial Internet of Things (IIoT) Market
    • 8.5.2. Mexico Industrial Internet of Things (IIoT) Market
  • 8.6. Rest of The World Industrial Internet of Things (IIoT) Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Huawei Technologies Co., Ltd.
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Cisco
    • 9.2.3. General Electric Company (GE)
    • 9.2.4. Intel Corporation
    • 9.2.5. Rockwell Automation, Inc.
    • 9.2.6. ABB Ltd
    • 9.2.7. Honeywell International Inc.
    • 9.2.8. IBM Corporation
    • 9.2.9. Microsoft Corporation
    • 9.2.10. Siemens AG

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Industrial Internet of Things (IIoT) market, report scope
  • TABLE 2. Global Industrial Internet of Things (IIoT) market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Industrial Internet of Things (IIoT) market estimates & forecasts by Component 2018-2028 (USD Billion)
  • TABLE 4. Global Industrial Internet of Things (IIoT) market estimates & forecasts by End-use Verticals 2018-2028 (USD Billion)
  • TABLE 5. Global Industrial Internet of Things (IIoT) market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Global Industrial Internet of Things (IIoT) market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global Industrial Internet of Things (IIoT) market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Industrial Internet of Things (IIoT) market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Industrial Internet of Things (IIoT) market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Industrial Internet of Things (IIoT) market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Industrial Internet of Things (IIoT) market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Industrial Internet of Things (IIoT) market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Industrial Internet of Things (IIoT) market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global Industrial Internet of Things (IIoT) market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. U.S. Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. U.S. Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. U.S. Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 18. Canada Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 19. Canada Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Canada Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 21. UK Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 22. UK Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. UK Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 24. Germany Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 25. Germany Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. Germany Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 27. RoE Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 28. RoE Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. RoE Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 30. China Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 31. China Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 32. China Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 33. India Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 34. India Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 35. India Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 36. Japan Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 37. Japan Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 38. Japan Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 39. RoAPAC Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 40. RoAPAC Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 41. RoAPAC Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 42. Brazil Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 43. Brazil Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 44. Brazil Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 45. Mexico Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 46. Mexico Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 47. Mexico Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 48. RoLA Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 49. RoLA Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 50. RoLA Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 51. Row Industrial Internet of Things (IIoT) market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 52. Row Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 53. Row Industrial Internet of Things (IIoT) market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of global Industrial Internet of Things (IIoT) market
  • TABLE 55. List of primary sources, used in the study of global Industrial Internet of Things (IIoT) market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Industrial Internet of Things (IIoT) market, research methodology
  • FIG 2. Global Industrial Internet of Things (IIoT) market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Industrial Internet of Things (IIoT) market, key trends 2021
  • FIG 5. Global Industrial Internet of Things (IIoT) market, growth prospects 2022-2028
  • FIG 6. Global Industrial Internet of Things (IIoT) market, porters 5 force model
  • FIG 7. Global Industrial Internet of Things (IIoT) market, pest analysis
  • FIG 8. Global Industrial Internet of Things (IIoT) market, value chain analysis
  • FIG 9. Global Industrial Internet of Things (IIoT) market by segment, 2019 & 2028 (USD Billion)
  • FIG 10. Global Industrial Internet of Things (IIoT) market by segment, 2019 & 2028 (USD Billion)
  • FIG 11. Global Industrial Internet of Things (IIoT) market by segment, 2019 & 2028 (USD Billion)
  • FIG 12. Global Industrial Internet of Things (IIoT) market by segment, 2019 & 2028 (USD Billion)
  • FIG 13. Global Industrial Internet of Things (IIoT) market by segment, 2019 & 2028 (USD Billion)
  • FIG 14. Global Industrial Internet of Things (IIoT) market, regional snapshot 2019 & 2028
  • FIG 15. North America Industrial Internet of Things (IIoT) market 2019 & 2028 (USD Billion)
  • FIG 16. Europe Industrial Internet of Things (IIoT) market 2019 & 2028 (USD Billion)
  • FIG 17. Asia pacific market 2019 & 2028 (USD Billion)
  • FIG 18. Latin America Industrial Internet of Things (IIoT) market 2019 & 2028 (USD Billion)
  • FIG 19. Global Industrial Internet of Things (IIoT) market, company market share analysis (2021)