ICT

Industrial IoT Market Size to Worth US$ 1742.8 Billion by 2030

According to the new research report published by Precedence Research, titled “Industrial IoT Market (By Component: Solution, Services, Platform; By End-Use: Manufacturing, Energy & Power, Oil & Gas, Healthcare, ogistics & Transport, Agriculture, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”, the global industrial IoT  market size is expected to be worth around US$ 1742.8 billion by 2030 and is poised to record a yearly growth rate of 20.47% from 2022 to 2030. The study investigates several elements and their consequences on the growth of the all-wheel drive market.

This report focuses on industrial IoT  market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall industrial IoT  market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.

Industrial IoT Market Size 2022 To 2030

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.

 The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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The study also provides important advancements in organic and inorganic growth strategies in the worldwide industrial IoT  market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of industrial IoT  market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.

Report Scope of the Industrial IoT Market

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

Market Key Players

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the industrial IoT  market.

Some of the prominent players in the industrial IoT  market include:

  • ABB
  • General Electric
  • IBM Corporation
  • Intel Corporation
  • Rockwell Automation, Inc.
  • Siemens
  • Microsoft
  • Cisco Systems, Inc.
  • NEC Corporation
  • KUKA AG

Market Segmentations 

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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Report Objectives 

  • To define, segment, and project the global market size for industrial IoT  market
  • To understand the structure of the market by identifying its various sub-segments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
  • To analyze the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements 

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

Why should you invest in this report?

If you are aiming to enter the global industrial IoT  market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for industrial IoT  are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Mr. Alex

Sales Manager

Call: +1 9197 992 333

Emailsales@precedenceresearch.com

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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