The Industrial IoT Market Size accounted for USD 329 Billion in 2022 and is projected to achieve a market size of USD 2,493 Billion by 2032 growing at a CAGR of 22.7% from 2023 to 2032.
Industrial IoT Market Key Highlights
- Global industrial internet of things market revenue is expected to increase by USD 2,493 billion by 2032, with a 22.7% CAGR from 2023 to 2032
- North America region led with more than 33% of industrial internet of things market share in 2022
- Asia-Pacific IIoT market growth will record a CAGR of more than 23.9% from 2023 to 2032
- By component, the solution segment contributed over 48% IIoT market share in 2022
- By end-use, the manufacturing segment captured USD 62.9 billion revenue share in 2022
- Increasing demand for automation and operational efficiency is one popular industry IoT market trend that fuels the demand
The industrial internet of things (IIoT) is a network of networked devices, sensors, equipment, and systems in industrial contexts that allows for data gathering, analysis, and automation to improve efficiency, production, and safety. IIoT combines old industrial machinery with current technologies such as cloud computing, big data analytics, and machine learning, enabling real-time monitoring, predictive maintenance, and process optimization. IIoT applications may be found in a variety of industries, including manufacturing, energy, transportation, healthcare, and agriculture, and they are transforming operations by giving actionable insights, reducing downtime, and improving overall performance. For instance, Honeywell bought SCADAfence in July 2023, a firm that specializes in cybersecurity solutions for monitoring large operational technology (OT) and Internet of Things (IoT) networks. This factor focuses on digitalization, sustainability, and OT cybersecurity SaaS solutions.
Industrial IoT Market Dynamics
Market Drivers
- Increasing demand for automation and operational efficiency
- Advancements in sensor technology and data analytics tools
- Growing emphasis on predictive maintenance to minimize downtime
- Integration of artificial intelligence and machine learning
- Adoption of 5G connectivity for enhanced communication and data transfer
Market Restraints
- Concerns regarding data security and privacy
- Challenges related to interoperability among devices and systems
Market Opportunities
- Expansion of IIoT applications into new industrial sectors
- Emergence of edge computing for real-time data processing
Industrial IoT Market Report Coverage
| Market |
Industrial IoT Market
|
| Industrial IoT Market Size 2022 |
USD 329 Billion |
| Industrial IoT Market Forecast 2032 |
USD 2,493 Billion
|
| Industrial IoT Market CAGR During 2023 - 2032 |
22.7% |
| Industrial IoT Market Analysis Period |
2020 - 2032 |
Industrial IoT Market Base Year
|
2022 |
| Industrial IoT Market Forecast Data |
2023 - 2032 |
| Segments Covered |
By Component, By Software, By Connectivity Technology, By Device and Technology, By End-Use, And By Geography
|
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
ARM Holding Plc, ABB Ltd., Atmel Corporation, General Electric Company (GE), Cisco Systems, Inc., Siemens AG, Ericsson AB, Honeywell International Inc., International Business Machines (IBM) Corporation, Intel Corporation, Microsoft Corporation, Schneider Electric SE, and Rockwell Automation, Inc.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Industrial IoT Market Insights
Industrial internet of things (IIoT) market is experiencing rapid growth due to increasing demand for automation and operational efficiency across industries. For instance, according to the International Federation of Robotics (IFR), U.S. manufacturers are progressively adopting automation. As per IFR statistics released on April 30, 2023, total industrial robot installations increased by 12% to 44,303 units in 2023, as US firms extensively invested in increased automation. IIoT technology integrates sensors, software, and connectivity to enable machines, devices, and systems to communicate and exchange data. By leveraging IIoT solutions, businesses can optimize processes, enhance productivity, reduce downtime, and make data-driven decisions. This trend towards automation and efficiency not only improves operational performance but also drives innovation and competitiveness in the industrial sector. Additionally, adoption of 5G connectivity for enhanced communication and data transfer further drives growth of IIoT market. For instance, North America was the leading region for 5G uptake last year, with the technology accounting for 29% of all North American connections by the end of 2023. According to the research, the region's 5G connections increased by 64% year on year, with 77 million new connections added to its network. This adoption of 5G technology will help to grow industrial IoT market.
The growth of the industrial internet of things (IIoT) market is hindered by concerns surrounding data security and privacy. As industries increasingly integrate IoT devices into their operations, there's a heightened risk of cyber threats and unauthorized access to sensitive data. For instance, in July 2022, Chinese ride-hailing company Didi got hit with a $1.2 billion fine by regulators for not properly protecting user data. Then, in December, China's Ministry of State Security cautioned that foreign mapping software was gathering important information, like military data, in China. This raises concerns among businesses about the safety and integrity of their information. Addressing these security and privacy concerns with data protection regulations is crucial for developing trust of IIoT technologies.
The expansion of industrial internet of things applications into new industrial sectors presents a significant opportunity for market growth. As IIoT technologies become more accessible, industries beyond manufacturing, such as healthcare, agriculture, and transportation, is increasingly integrating IoT devices into their operations. For instance, IIoT in healthcare encompasses a diverse range of healthcare applications and devices. Devices with IIoT capabilities and applications include glucose monitors, heart health monitors, EKG monitors, as well as tools that enable users to collect data, administer drugs, and assist doctors in health and illness research. These devices enable real-time data collection, analysis, and automation, leading to improved efficiency, and productivity across diverse sectors. It leads to benefits such as reduced costs, and enhancement of overall performance. Moreover, ongoing developments by industrial IoT players are anticipated to create lucrative opportunities throughout the forecast timeframe. For example, Ericsson AB launched IoT Accelerator Connect in February 2022, aimed at simplifying connectivity in IoT by offering plug-and-play access to cellular IoT connectivity. These advancements by key manufacturers present further opportunities for industrial internet of things market in the forecast year.
Industrial IoT Market Segmentation
The global industrial IoT market segmentation is based on component, software, connectivity technology, device and technology, end-use, and geography.
Industrial IoT Market By Component
- Hardware
- Solution
- Services
- Platform
According to industrial Internet of things industry analysis, the solution segment dominated market in 2022. IIoT solutions include a wide array of technologies and services modified to optimize operations, enhance efficiency, and drive innovation across various industries. From advanced analytics and predictive maintenance to real-time monitoring and connectivity solutions, the broad offerings within this segment allow businesses to connect the full potential of interconnected systems and devices which further boosts this segments dominance in forthcoming years.
Industrial IoT Market By Software
- Product Lifecycle Management
- SCADA
- Manufacturing Execution Systems
- Outage Management Systems
- Remote Patent Monitoring
- Distribution Management Systems
- Farm Management Systems
- Retail Management Software
- Transit Management Systems
- Visualization Software
In terms of software, the product lifecycle management (PLM) segment gathered notable share in the market. PLM solutions allow businesses to efficiently handle product design, development, manufacturing, and maintenance processes. By integrating IIoT capabilities, such as sensors and connectivity, into PLM systems, companies can gather real-time data from machines and equipment, enabling better decision-making, predictive maintenance, and optimization of production processes. This convergence of PLM and IIoT empowers industries to enhance efficiency, quality, and innovation across the entire product lifecycle, thus driving the dominance of PLM in the IIoT market.
Industrial IoT Market By Connectivity Technology
- Wired Technology
- Wireless Technology
According to the industrial internet of things market forecast, the wireless technology segment is expected to witness significant growth in the coming years. This growth is due to increasing demand for seamless connectivity, mobility, and real-time data transmission in industrial settings. Wireless technologies offer flexibility, scalability, and cost-effectiveness, enabling efficient monitoring, control, and optimization of industrial processes. From Wi-Fi and Bluetooth to emerging standards like 5G and LPWAN, wireless solutions empower industries to enhance productivity, and reduce downtime. For instance, according to Wireless Infrastructure Association, the market-changing success of 5G-powered fixed wireless access (FWA), spearheaded by Verizon and T-Mobile, was possibly the most significant development in 2023. This growing adoption of wireless technology maintain this segment’s dominance into coming years.
Industrial IoT Market By Device and Technology
- Sensors
- Industrial Robotics
- Radio Frequency Identification (RFID)
- Electronic Shelf Labels
- Smart Beacons
- Cameras
- Distributed Control Systems
- Smart Meters
- Condition Monitoring
- GPS/GNSS
- Networking Technology
- Flow & Application Control Devices
- Interface Boards
- Guidance & Steering
- Yield Monitors
Based on the device and technology, the industrial robotics segment is expected to witness significant growth in the coming years due to technological advancements and increasing adoption. China has been the leading industrial robot market since 2013, accounting for 52% of all new installations by 2022. China's robot density rate (number of industrial robots per 10,000 workers), a measure of automation, has risen from 97 in 2017 to 392 by 2023. As IIoT facilitates connectivity and data exchange between machines, industrial robots are becoming smarter, more efficient, and capable of autonomous decision-making. This convergence of robotics and IIoT enables enhanced automation, predictive maintenance, and real-time monitoring, driving productivity and cost savings for industries across sectors. With ongoing innovations and investments in both robotics and IIoT technologies, this segment is expected to fuel significant growth for industrial internet of things market in the coming years.
Industrial IoT Market By End-Use
- Aviation
- Chemical
- Metal & Mining
- Manufacturing
- Smart Grids
- Energy & Power
- Retail
- Oil & Gas
- Logistics & Transport
- Healthcare
- Agriculture
- Others
In terms of end-use, the manufacturing segment has been experiencing significant growth in recent years. This surge is primarily attributed to the adoption of IIoT solutions aimed at enhancing operational efficiency, productivity, and safety in manufacturing processes. For instance, according to a PwC report, 90% of manufacturers believe that incorporating IoT into their production processes will provide long-term benefits, 35% collect and use data from smart sensors to improve the manufacturing process, and 58% believe that IoT will transform all industrial operations for the better. With the applications such as cost savings, improved asset utilization, and better decision-making capabilities, IIoT has become integral part in manufacturing industries worldwide.
Industrial IoT Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Industrial IoT Market Regional Analysis
North America stands out as a dominating region in the industrial internet of things (IIoT) market due to several key factors. The region boasts a strong industrial base across various sectors, including manufacturing, automotive, healthcare, and energy. For instance, President Biden's Investing in America agenda, including the implementation of the $50 billion CHIPS for America Program to revitalize the United States' position in semiconductor research, development, and manufacturing, a $42.45 billion investment in 2023. With well-established infrastructure and technology ecosystem, North American industries are at the forefront of digital transformation, driving the demand for IIoT technologies to enhance operational efficiency, and processes. For instance, in November 2021, Congress approved an historic investment in US infrastructure, including hundreds of billions of dollars in new spending. Additionally, North America benefits from a robust innovation landscape and development in IIoT solutions further drives growth of market. For instance, Cisco introduced new cloud services to its IoT Operations Dashboard in February 2023. This launch intends to improve insight into industrial assets and provide secure management capabilities from anywhere. Moreover, supportive government initiatives and policies promoting digitalization and Industry 4.0 adoption further accelerate the growth of the IIoT market in North America.
Asia-Pacific is fastest-growing region in industrial internet of things market. With its expanding industrial base, technological advancements, and increasing adoption of automation and digitization, businesses across sectors such as manufacturing, healthcare, and transportation are approved IIoT solutions to enhance operational efficiency, optimize processes, and drive innovation. For instance, in 2023, the added value of China's core digital economy is predicted to exceed 12 trillion yuan (about 1.69 trillion US dollars), accounting for around 10% of GDP. Additionally, supportive government initiatives, and robust infrastructure development, are further fueling the growth of IIoT in the region. For instance, Digital India program is supporting initiative for adoption of IoT by SMEs. These factors positions Asia-Pacific as a fastest-growing region in the global IIoT market.
Industrial IoT Market Player
Some of the top industrial internet of things market companies offered in the professional report include ARM Holding Plc, ABB Ltd., Atmel Corporation, General Electric Company (GE), Cisco Systems, Inc., Siemens AG, Ericsson AB, Honeywell International Inc., International Business Machines (IBM) Corporation, Intel Corporation, Microsoft Corporation, Schneider Electric SE, and Rockwell Automation, Inc.
CHAPTER 1. Industry Overview of Industrial IoT Market
1.1. Definition and Scope
1.1.1. Definition of Industrial Internet of Things
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Industrial IoT Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Industrial IoT Market By Component
1.2.3. Industrial IoT Market By Software
1.2.4. Industrial IoT Market By Connectivity Technology
1.2.5. Industrial IoT Market By Device and Technology
1.2.6. Industrial IoT Market By End-Use
1.2.7. Industrial IoT Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Connectivity Technology
2.2.1. Secondary Source
2.2.2. Primary Source
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Industrial IoT Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Industrial IoT Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Price Trend of Key Raw Materials
3.8.1. Raw Material Suppliers
3.8.2. Proportion of Manufacturing Cost Structure
3.8.2.1. Raw Material
3.8.2.2. Labor Cost
3.8.2.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Industrial IoT Market By Component
5.1. Introduction
5.2. Industrial Internet of Things Revenue By Component
5.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Component, 2020-2032
5.2.2. Hardware
5.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Solution
5.2.3.1. Solution Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.4. Services
5.2.4.1. Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.5. Platform
5.2.5.1. Platform Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Industrial IoT Market By Software
6.1. Introduction
6.2. Industrial Internet of Things Revenue By Software
6.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Software, 2020-2032
6.2.2. Product Lifecycle Management
6.2.2.1. Product Lifecycle Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. SCADA
6.2.3.1. SCADA Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Manufacturing Execution Systems
6.2.4.1. Manufacturing Execution Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.5. Outage Management Systems
6.2.5.1. Outage Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.6. Remote Patent Monitoring
6.2.6.1. Remote Patent Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.7. Distribution Management Systems
6.2.7.1. Distribution Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.8. Farm Management Systems
6.2.8.1. Farm Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.9. Retail Management Software
6.2.9.1. Retail Management Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.10. Transit Management Systems
6.2.10.1. Transit Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.11. Visualization Software
6.2.11.1. Visualization Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Industrial IoT Market By Connectivity Technology
7.1. Introduction
7.2. Industrial Internet of Things Revenue By Connectivity Technology
7.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Connectivity Technology, 2020-2032
7.2.2. Wired Technology
7.2.2.1. Wired Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Wireless Technology
7.2.3.1. Wireless Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. Industrial IoT Market By Device and Technology
8.1. Introduction
8.2. Industrial Internet of Things Revenue By Device and Technology
8.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Device and Technology, 2020-2032
8.2.2. Sensors
8.2.2.1. Sensors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.3. Industrial Robotics
8.2.3.1. Industrial Robotics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.4. Radio Frequency Identification (RFID)
8.2.4.1. Radio Frequency Identification (RFID) Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.5. Electronic Shelf Labels
8.2.5.1. Electronic Shelf Labels Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.6. Smart Beacons
8.2.6.1. Smart Beacons Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.7. Cameras
8.2.7.1. Cameras Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.8. Distributed Control Systems
8.2.8.1. Distributed Control Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.9. Smart Meters
8.2.9.1. Smart Meters Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.10. Condition Monitoring
8.2.10.1. Condition Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.11. GPS/GNSS
8.2.11.1. GPS/GNSS Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.12. Networking Technology
8.2.12.1. Networking Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.13. Flow & Application Control Devices
8.2.13.1. Flow & Application Control Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.14. Interface Boards
8.2.14.1. Interface Boards Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.15. Guidance & Steering
8.2.15.1. Guidance & Steering Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
8.2.16. Yield Monitors
8.2.16.1. Yield Monitors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 9. Industrial IoT Market By End-Use
9.1. Introduction
9.2. Industrial Internet of Things Revenue By End-Use
9.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By End-Use, 2020-2032
9.2.2. Aviation
9.2.2.1. Aviation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.3. Chemical
9.2.3.1. Chemical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.4. Metal & Mining
9.2.4.1. Metal & Mining Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.5. Manufacturing
9.2.5.1. Manufacturing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.6. Smart Grids
9.2.6.1. Smart Grids Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.7. Energy & Power
9.2.7.1. Energy & Power Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.8. Retail
9.2.8.1. Retail Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.9. Oil & Gas
9.2.9.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.10. Logistics & Transport
9.2.10.1. Logistics & Transport Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.11. Healthcare
9.2.11.1. Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.12. Agriculture
9.2.12.1. Agriculture Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
9.2.13. Others
9.2.13.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 10. North America Industrial IoT Market By Country
10.1. North America Industrial IoT Market Overview
10.2. U.S.
10.2.1. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
10.2.2. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
10.2.3. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
10.2.4. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
10.2.5. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
10.3. Canada
10.3.1. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
10.3.2. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
10.3.3. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
10.3.4. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
10.3.5. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
10.4. North America PEST Analysis
CHAPTER 11. Europe Industrial IoT Market By Country
11.1. Europe Industrial IoT Market Overview
11.2. U.K.
11.2.1. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
11.2.2. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
11.2.3. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
11.2.4. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
11.2.5. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
11.3. Germany
11.3.1. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
11.3.2. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
11.3.3. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
11.3.4. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
11.3.5. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
11.4. France
11.4.1. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
11.4.2. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
11.4.3. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
11.4.4. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
11.4.5. France Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
11.5. Spain
11.5.1. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
11.5.2. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
11.5.3. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
11.5.4. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
11.5.5. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
11.6. Rest of Europe
11.6.1. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
11.6.2. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
11.6.3. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
11.6.4. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
11.6.5. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
11.7. Europe PEST Analysis
CHAPTER 12. Asia Pacific Industrial IoT Market By Country
12.1. Asia Pacific Industrial IoT Market Overview
12.2. China
12.2.1. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.2.2. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.2.3. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.2.4. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.2.5. China Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.3. Japan
12.3.1. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.3.2. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.3.3. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.3.4. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.3.5. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.4. India
12.4.1. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.4.2. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.4.3. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.4.4. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.4.5. India Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.5. Australia
12.5.1. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.5.2. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.5.3. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.5.4. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.5.5. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.6. South Korea
12.6.1. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.6.2. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.6.3. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.6.4. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.6.5. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.7. Rest of Asia-Pacific
12.7.1. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
12.7.2. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
12.7.3. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
12.7.4. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
12.7.5. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
12.8. Asia Pacific PEST Analysis
CHAPTER 13. Latin America Industrial IoT Market By Country
13.1. Latin America Industrial IoT Market Overview
13.2. Brazil
13.2.1. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
13.2.2. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
13.2.3. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
13.2.4. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
13.2.5. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
13.3. Mexico
13.3.1. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
13.3.2. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
13.3.3. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
13.3.4. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
13.3.5. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
13.4. Rest of Latin America
13.4.1. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
13.4.2. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
13.4.3. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
13.4.4. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
13.4.5. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
13.5. Latin America PEST Analysis
CHAPTER 14. Middle East & Africa Industrial IoT Market By Country
14.1. Middle East & Africa Industrial IoT Market Overview
14.2. GCC
14.2.1. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
14.2.2. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
14.2.3. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
14.2.4. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
14.2.5. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
14.3. South Africa
14.3.1. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
14.3.2. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
14.3.3. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
14.3.4. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
14.3.5. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
14.4. Rest of Middle East & Africa
14.4.1. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032
14.4.2. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032
14.4.3. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032
14.4.4. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032
14.4.5. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032
14.5. Middle East & Africa PEST Analysis
CHAPTER 15. Player Analysis Of Industrial IoT Market
15.1. Industrial IoT Market Company Share Analysis
15.2. Competition Matrix
15.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Mergers And Acquisition In Global Industrial IoT Market
15.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 16. Company Profile
16.1. ARM Holding Plc
16.1.1. Company Snapshot
16.1.2. Business Overview
16.1.3. Financial Overview
16.1.3.1. Revenue (USD Billion), 2022
16.1.3.2. ARM Holding Plc 2022 Industrial Internet of Things Business Regional Distribution
16.1.4. Product /Service and Specification
16.1.5. Recent Developments & Business Strategy
16.2. ABB Ltd.
16.3. Atmel Corporation
16.4. General Electric Company (GE)
16.5. Cisco Systems, Inc.
16.6. Siemens AG
16.7. Ericsson AB
16.8. Honeywell International Inc.
16.9. International Business Machines (IBM) Corporation
16.10. Intel Corporation
16.11. Microsoft Corporation
16.12. Schneider Electric SE
16.13. Rockwell Automation, Inc.
