by The global industrial IoT market size accounted for US$ 326.1 billion in 2021 and is projected to reach around USD 1742.8 billion by 2030, growing at a CAGR of 20.47% from 2022 to 2030.
Industrial IoT Market Key Takeaways:
- By end-use, the manufacturing segment has accounted 28.7% of total revenue share in 2021.
- The logistics and transportation segment is growing at a CAGR of 25.6% from 2022 to 2030.
- By component, the services segment is expected to hit at a CAGR of 24.3% between 2022 to 2030.
- North America dominated the market and accounted revenue share of around 34% in 2021.
- Asia Pacific region is predicted to reach at a CAGR of 26.7% from 2022 to 2030.
Report Summary
The global industrial IoT market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the industrial IoT market across the globe.
A comprehensive estimate on the industrial IoT market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of industrial IoT during the forecast period. Price point comparison by region with global average price is also considered in the study.
Industrial IoT Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 392.85 Billion |
| Market Size by 2030 | USD 1742.8 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 20.47% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Component, End-Use, and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized industrial IoT market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: UV Air Purifier Market Size Analysis 2022 To 2030
Industrial IoT Market Players
The report includes the profiles of key industrial IoT market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are ABB, General Electric, IBM Corporation, Intel Corporation, Rockwell Automation, Inc., Siemens, Microsoft, Cisco Systems, Inc., NEC Corporation, KUKA AG
Market Segmentation
By Component
- Solution
- Remote Monitoring
- Data Management
- Analytics
- Security Solutions
- Others
- Services
- Professional
- Managed
- Platform
- Connectivity Management
- Application Management
- Device Management
By End-Use
- Manufacturing
- Energy & Power
- Oil & Gas
- Healthcare
- Logistics & Transport
- Agriculture
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Industrial IoT Market
5.1. COVID-19 Landscape: Industrial IoT Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Industrial IoT Market, By Component
8.1. Industrial IoT Market, by Component, 2022-2030
8.1.1. Solution
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Services
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Platform
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Industrial IoT Market, By End-Use
9.1. Industrial IoT Market, by End-Use, 2022-2030
9.1.1. Manufacturing
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Energy & Power
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Oil & Gas
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Healthcare
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Logistics & Transport
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Agriculture
9.1.6.1. Market Revenue and Forecast (2017-2030)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Industrial IoT Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.5.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.6.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.5.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.6.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.5.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.6.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.3.2. Market Revenue and Forecast, by End-Use (2017-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.4.2. Market Revenue and Forecast, by End-Use (2017-2030)
Chapter 11. Company Profiles
11.1. ABB
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. General Electric
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. IBM Corporation
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Intel Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Rockwell Automation, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Siemens
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Microsoft
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Microsoft
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. NEC Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. KUKA AG
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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