Industrial IoT Market 2019-2027, Credence Research | Size, Share & Forecast

The Industrial IoT market was valued at US$ 160.0 billion in 2018 and is expected to grow with a CAGR of 29 percent over the forecast period.

SANJOSE, United States – July 29, 2019 /MarketersMedia/ —

According to a new market research report published by Credence Research “Global Industrial IoT Market– Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the Industrial IoT market was valued at US$ 160.0 Bn in 2018 and is set to grow with a CAGR of 29% during the forecast period.

Market Insights

The Industrial IoT market is propelled by the government policies for the endorsement of the Industry 4.0 revolution. In 2011, Germany first launched the model of the Industry 4.0 under its High Tech Strategy 2020 with the objective to create a digitally connected decentralized network, where connected device, equipments and machineries that can communicate with each other. Under the program, Germany’s government plans to invest billions to develop the latest technologies in the manufacturing industry. Similarly, in 2011, U.S. President Barack Obama launched a series of initiatives and policies for the development of next-generation manufacturing facilities. The U.S. government launched an “Advanced Manufacturing Partnership” initiative to derive digitalization among the industrial sector. These initiatives are injecting the funds in the market to accelerate the adoption of the advance technologies among the manufacturers.

Browse the full report at https://www.credenceresearch.com/report/industrial-iot-market

Food & beverages industry is also embracing the industrial IoT solutions due to the increasing demand for high-quality products, lower price and traceability on large scale. The advance manufactories facility can assist organizations increase productivity, reduce the cost of production and manage the complex supply chain. Similarly, aerospace and defense sector is shifting toward the advance manufacturing technologies to reduce the overall cost of production and increase profit margins. As the customers in the aerospace & defense are becoming more demanding in terms of customization and delivery timeline, the companies are moving towards digital solutions to create a more agile and predictive production process to meet the customer’s requirement.

Asia Pacific is projected to grow considerably during the forecast period. This is driven by the growing digitalization among the industrial sector. For instance, in 2015, the Chinese government also launched “Made in China 2025” and “Internet Plus” strategies to boost the adoption of technology among industrial sector. The key players in the Industrial IoT market space are ABB Ltd, General Electric Company, ARM Holding PLC, Cisco Systems Inc., Atmel Corporation, Bosch, Intel Corporation, Honeywell International, IBM Corporation, Huawei Technologies, NEC Corporation, Siemens AG, Microsoft Corporation, Texas Instruments, and Rockwell Automation Inc.

Report Scope by Segments:

By Component Segment (2017–2027; US$ Bn)
Solution
Analytics
Data Management
Remote Monitoring
Security Solutions
Others
Services
Managed
Professional
Platform
Application Management
Connectivity Management
Device Management

By Application Segment (2017–2027; US$ Bn)
Automotive
Aerospace & Defense
Food & Beverages
Energy & Power
Oil & Gas
Healthcare
Logistics & Transport
Others

Get sample copy of this report: https://www.credenceresearch.com/sample-request/59802

ToC:
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
…………

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key Industrial IoT Vendors, 2018

Chapter 4 Global Industrial IoT Market, By Component
4.1 Overview
4.2 Solutions
4.2.2 Analytics
4.2.3 Data Management
4.2.4 Remote Monitoring
4.2.5 Security Solutions
4.2.6 Others
4.3 Services
4.3.2 Managed Service
4.3.3 Professional Service
4.4 Platforms
4.4.2 Application Management
4.4.3 Connectivity Management
4.4.4 Device Management

Chapter 5 Global Industrial IoT Market, by Application
5.1 Overview
5.2 Automotive
5.3 Aerospace & Defense
5.4 Food & Beverages
5.5 Energy & Power
5.6 Oil & Gas
5.7 Healthcare
5.8 Logistics & Transport
5.9 Others

Chapter 6 North America Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
………..

Chapter 7 Europe Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
……….

Chapter 8 Asia Pacific Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
……….

Chapter 9 Rest of the World (RoW) Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
…………

Chapter 10 Company Profiles
10.1 ABB Ltd.
10.2 ARM Holding PLC
10.3 Atmel Corporation
10.4 Bosch
10.5 Cisco Systems Inc.
10.6 General Electric Company
10.7 Honeywell International
10.8 Huawei Technologies
10.9 IBM Corporation
10.10 Intel Corporation
10.11 Microsoft Corporation
10.12 NEC Corporation
10.13 Rockwell Automation Inc.
10.14 Siemens AG
10.15 Texas Instruments
……………..toc continued

Key questions answered in this report

What was the market size of Industrial IoT in 2018 and forecast up to 2027?
Which is the largest regional market for Industrial IoT?
What are the major trends followed in Industrial IoT market across different regions?
Who are the key companies in the Industrial IoT market?
What are the key strategies adopted by the leading Industrial IoT companies in market?

Get sample copy of this report: https://www.credenceresearch.com/sample-request/59802

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