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Get more information about the market: https://www.imarcgroup.com/industrial-iot-market<br><br>Industrial Internet of Things (IIoT) is a network of interconnected sensors and devices, which are used to enhance industrial and manufacturing processes. The smart sensors and actuators employed in the network enable monitoring, collection, analysis and exchange of data, which improves the overall operational performance and visibility. <br><br>Want more information about this market? Request a free report sample: https://www.imarcgroup.com/industrial-iot-market/requestsample<br><br>For India market research reports, visit: http://www.marketresearchindia.co.in<br><br>Contact Us<br><br>IMARC Group<br>30 N Gould St, Ste R<br>Sheridan, WY 82801, USA<br>Website: https://www.imarcgroup.com/<br>Email: sales@imarcgroup.com<br>USA: 1-631-791-1145<br>Follow us on twitter: @imarcglobal<br>Linkedin: https://www.linkedin.com/company/imarc-group<br>
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Global Industrial IoT Market Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Industrial IoT Market Overview: According to the latest report by IMARC Group, titled “Industrial IoT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global industrial IoT market size is expected to grow at a moderate rate over the forecast period (2019-2024). Industrial Internet of Things (IIoT) is a network of interconnected sensors and devices, which are used to enhance industrial and manufacturing processes. The smart sensors and actuators employed in the network enable monitoring, collection, analysis and exchange of data, which improves the overall operational performance and visibility. With the advent of advanced technologies, like big data, sensor data, machine learning and automation, IIoT helps in increasing productivity significantly while reducing various recurring complexities. Additionally, it offers multiple advantages including real-time monitoring, asset optimization, remote diagnosis, cost-effectiveness and proactive maintenance. Owing to these benefits, it is widely adopted across diversified industry verticals, including healthcare, retail, advertising and agriculture. Industrial IoT Market Trends The rapid adoption of IIoT across the globe can be accredited to numerous advantages associated with it.
Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Its usage assists in improving the safety, quality and productivity in an industry, which renders better customer satisfaction and retention through value addition to the enterprises. This, in confluence with the rising preference for cloud integration, is aiding in the development of effective business models and providing a thrust to the market growth. Request for a sample Report: https://www.imarcgroup.com/industrial-iot-market/requestsample
Report Description and Highlights Report Description Furthermore, the growing popularity of connected vehicles in recent years is expected to create a positive outlook for the market. The IIoT is integral to the sharing of real-time status and data, which significantly reduces the on-road traffic and enables organized fleet management. Moreover, governments of various countries are investing heavily in the development of technological infrastructures of industries, which is creating favorable opportunities for market growth. For instance, Make in India and Made in China 2025 by the Government of India and Government of People’s Republic of China, respectively, are some of the initiatives, which are anticipated to drive the market further. For more information, click here: https://www.imarcgroup.com/industrial-iot-market Industrial IoT Market Segmentation: Market Segmentation by Component • • • • Hardware Software Services Connectivity
Report Description and Highlights Report Description Based on the component, the market has been divided into hardware, software, services and connectivity. Market Segmentation by End User • • • • • Manufacturing Energy and Utilities Automotive and Transportation Healthcare Others On the basis of the end user, the market has been categorized as manufacturing, energy and utilities, automotive and transportation, healthcare, and others. Market Segmentation by Region • • • North America Europe Asia Pacific
Report Description and Highlights Report Description • • Latin America Middle East and Africa On the geographical front, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • Cisco Ge Honeywell Intel IBM ABB Rockwell Automation Siemens
Report Description and Highlights Report Description • • • • • • • • Huawei Bosch Kuka Texas Instrumemts Dassault Systemes PTC ARM NEC
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