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Global Industrial Internet Of Things (IIoT) Market Trends, Analysis,
And Forecast To 2025
The global industrial Internet of things market delivers a complete analysis of industrial connected
devices and machines used for various applications by end-users depending upon their uses. The report
offers an in-depth study of the market drivers, restraints, and growth opportunities. With the help of
these factors, the analysts have identified various trends prominent in the industry which are anticipated
to influence the market growth during the forecast period. It includes a complete coverage of the
technological and underlying economic factors influencing the IIoT market growth. It provides the
competitive details of key players in the industrial Internet of Things market in order to highlight the race
scenario. The report also delivers a complete competitive analysis of the key players in this market and
identifies several business strategies adopted by these companies. The study explains the penetration
within each market segment globally, and how these segments have enhanced the growth of the market
Global industrial Internet of Things market is bifurcated into component, end-user and geography. on the
basis of component, the market is segmented into solution, services, and platform. The solution includes
remote monitoring, analytics, data management, security solutions and others. The Services segment is
categorized into managed and professional. Based on platform, the market is being bifurcated into
connectivity management, application management and device management. On the basis of end-user,
the market is categorized into manufacturing, healthcare, oil & gas, Energy & Power, logistics & transport
and agriculture. The major factors that are anticipated to drive the industrial internet of things market
are the technological advancements taking place in semiconductor and electronics devices, rise in the
usage of cloud computing platform and fall of cost of automation systems.
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Geographically, the industrial Internet of things market has been bifurcated into five regions North
America, Europe, Asia Pacific, Middle East & Africa and Latin America. The market size and forecast for
each region has been provided for the period from 2017 to 2023. Additionally the CAGR (%) for the
forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions
such as the U.S, the U.K., Germany, France, Japan, China and India. The detailed analysis by component,
end-user and regions supports in evaluating the present scenario, growth prospects and the future
scenario for the IIoT market over the forecast period. Thus, the report provides in-depth segment
analysis of the market and classifies it into various industries, thereby providing valuable insights at the
macro as well as micro levels.
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The technological progression in the semiconductor and electronics devices in the Industrial Internet of
Things is anticipated to drive the APAC market for Industrial Internet of Things in the future years. The
major companies that provide Industrial Internet of Things include Cisco Systems, Inc., Rockwell
Automation, Inc., ARM Ltd, General Electric, Intel Corporation, ABB, Huawei Technology Co., Ltd, Dassault
Systemes, Texas Instruments, Kuka AG, International Business Machines Corporation, NEC Corporation,
Siemens AG, and Robert Bosch GmbH
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