DUBLIN--(BUSINESS WIRE)--The "Industrial IoT (IIoT) Market by Device & Technology (Sensor, RFID, Industrial Robotics, DCS, Condition Monitoring, Networking Technology), Connectivity (Wired, Wireless, Field Technology), Software (PLM, MES, SCADA), Vertical, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global IIoT market size is expected to grow from USD 77.3 billion in 2020 to USD 110.6 billion by 2025, at a CAGR of 7.4% during the forecast period.
The growth of the IIoT sector is driven by factors such as technological advancements in semiconductor and electronic devices, increased use of cloud computing platforms, standardization of IPv6, and support from governments of different countries for R&D activities related to IIoT.
Networking technology to hold the largest share of the IIoT market in 2025.
Networking technology is expected to hold the largest share of the IIoT industry by device & technology in 2025. Both wired and wireless technologies are integral for machine-to-machine (M2M) connectivity to gather real-time data from industrial machinery across different geographies.
Market for agriculture vertical to grow at the highest rate during the forecast period.
Owing to the increasing adoption of new technologies, such as global positioning systems, remote sensing, and variable rate technology, in precision farming, the IIoT market for the agriculture vertical is expected to grow at the largest CAGR during the forecast period.
APAC to hold the largest share of the IIoT industry during the forecast period.
APAC is expected to be the largest market for IIoT during the forecast period. Dense population and growing per capita income, along with large-scale industrialization and urbanization, are some of the major factors driving the growth of the IIoT market in APAC.
Key Benefits of Buying the Report
- This report segments the IIoT market comprehensively and provides the closest approximations of the overall market size and that of the subsegments across different industries and regions.
- The report helps stakeholders understand the pulse of the market and provides them the information on key market drivers, restraints, challenges, and opportunities.
- This report would help stakeholders understand their competitors better and gain more insights to enhance their positions in the business. The competitive landscape section includes competitor ecosystem, product launches, partnerships/ collaboration/agreements, and mergers & acquisitions carried out in the IIoT market.
Key Topics Covered:
1.1 Objectives of the Study
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Significant Growth Prospects for IIoT Market
4.2 IIoT Market, By Vertical
4.3 IIoT Market in APAC, By Vertical & Country, 2019
4.4 IIoT Market, By Geography
5 Market Overview
5.2 Market Dynamics
6 Industry Trends
6.2 Value Chain Analysis
6.3 Emerging Trends
6.3.1 Digital Twin Technology
6.3.2 Edge Computing Technology
6.3.3 Mqtt Protocol
7 IIoT Market, By Device & Technology
7.4 Industrial Robotics
7.5 Distributed Control Systems (DCS)
7.6 Condition Monitoring
7.7 Smart Meters
7.8 Electronic Shelf Labels (ESL)
7.10 Smart Beacons
7.11 Interface Boards
7.12 Yield Monitors
7.13 Guidance & Steering
7.15 Flow & Application Control Devices
7.16 Networking Technology
8 Connectivity Types of IIoT
8.2 Wired Technologies
8.2.4 Foundation Fieldbus
8.3 Wireless Technologies
8.3.4 Cellular Technologies
8.3.5 Satellite Technologies
8.4 Field Technologies
8.4.2 Modbus RTU
9 IIoT Market, By Software
9.2 Product Lifecycle Management (PLM)
9.3 Manufacturing Execution Systems (MES)
9.5 Outage Management Systems (OMS)
9.6 Distribution Management Systems
9.7 Remote Patient Monitoring
9.8 Retail Management Software
9.9 Visualization Software
9.10 Transit Management Systems
9.11 Farm Management Systems
10 IIoT Market, By Vertical
10.4 Oil & Gas
10.5 Metals & Mining
11 Geographic Analysis
11.2 North America
12 Competitive Landscape
12.2 Market Ranking Analysis
12.3 Competitive Leadership Mapping (Overall Market)
12.4 Business Strategy Excellence (For All 25 Players)
12.5 Strength of Product Portfolio (For All 25 Players)
12.6 Competitive Situation and Trends
13 Company Profiles
13.1 Key Players
13.1.7 Rockwell Automation
13.1.10 Texas Instruments
13.2 Other Key Players
13.2.1 ARM Holding
13.2.3 Dasault Systemes
13.2.10 Worldsensing SL
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