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Increasing Digitization And Government Initiatives And Policies In Industrial Sectors Drives the Industrial IoT Market

Industrial IoT market is set to grow with a CAGR of 29% during 2019-2027

According to a new market research report published by Acute Market Reports “Global Industrial IoT Market (Component (Solution [Analytics, Data Management, Remote Monitoring, Security Solutions, Others] Service [Managed, Professional] Platform [Application Management, Connectivity Management, Device Management]); Application (Automotive, Aerospace & Defense, Food & Beverages, Energy & Utility, Oil & Gas, Healthcare,  Transportation & Logistics, Others)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the Industrial IoT market was valued at US$ 160.0 Bn in 2018 and is set to grow with a CAGR of 29% during the forecast period.

Market Insights

The Industrial IoT market is propelled by the government policies for the endorsement of the Industry 4.0 revolution. In 2011, Germany first launched the model of the Industry 4.0 under its High Tech Strategy 2020 with the objective to create a digitally connected decentralized network, where connected device, equipments and machineries that can communicate with each other. Under the program the Germany’s government plans to invest billions to develop latest technologies in the manufacturing industry. Similarly, in 2011, U.S. president Barack Obama launched a series of initiatives and policies for the development of next generation manufacturing facilities. The U.S. government launched an “Advance Manufacturing Partnership” initiative to derive digitalization among industrial sector. These initiatives are injecting the funds in the market to accelerate the adoption of the advance technologies among the manufacturers.

Food & beverages industry is also embracing the industrial IoT solutions due to the increasing demand for high quality products, lower price and traceability on large scale. The advance manufactories facility can assist organizations increase the productivity, reduce the cost of production and manage the complex supply chain.  Similarly, aerospace and defense sector is shifting toward the advance manufacturing technologies to reduce the overall cost of production and increase profit margins.  As the customers in the aerospace & defense are becoming more demanding in terms of customization and delivery timeline, the companies are moving towards digital solutions to create a more agile and predictive production process to meet the customer’s requirement.

Asia Pacific is projected to grow considerably during the forecast period. This is driven by the growing digitalization among the industrial sector. For instance, in 2015, the Chinese government also launched “Made in China 2025” and “Internet Plus” strategies to boost the adoption of technology among industrial sector. The key players in the Industrial IoT market space are ABB Ltd, General Electric Company, ARM Holding PLC, Cisco Systems Inc., Atmel Corporation, Bosch, Intel Corporation, Honeywell International, IBM Corporation, Huawei Technologies, NEC Corporation, Siemens AG, Microsoft Corporation, Texas Instruments, and Rockwell Automation Inc.

Browse the full report at https://www.acutemarketreports.com/report/industrial-iot-market

The Global Industrial IoT Market is Segmented into:

ATTRIBUTEDETAILS
Research Period2017-2027
Base Year2018
Forecast Period2019-2027
Historical Year2017
UnitUSD Billion
Segmentation By Component Segment (2017–2027; US$ Bn)
 By Application Segment (2017–2027; US$ Bn)
 By Geography Segment (2017–2027; US$ Bn)

*Complete segmentation list is on report page

Table of Contents

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Industrial IoT Market
2.1.1 Global Industrial IoT Market, by Component, 2018 (US$ Mn)
2.1.2 Global Industrial IoT Market, by Application, 2018 (US$ Mn)
2.1.3 Global Industrial IoT Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key Industrial IoT Vendors, 2018

Chapter 4 Global Industrial IoT Market, By Component
4.1 Overview
4.1.1 Global Industrial IoT Market Value Share, by Component, 2018 & 2027 (Value, %)
4.2 Solutions
4.2.1 Global Industrial IoT Market Value from Solutions, 2017 – 2027(US$ Mn)
4.2.2 Analytics
4.2.2.1 Global Industrial IoT Market Value from Analytics, 2017 – 2027(US$ Mn)
4.2.3 Data Management
4.2.3.1 Global Industrial IoT Market Value from Data Management, 2017 – 2027(US$ Mn)
4.2.4 Remote Monitoring
4.2.4.1 Global Industrial IoT Market Value from Remote Monitoring, 2017 – 2027(US$ Mn)
4.2.5 Security Solutions
4.2.5.1 Global Industrial IoT Market Value from Security Solution, 2017 – 2027(US$ Mn)
4.2.6 Others
4.2.6.1 Global Industrial IoT Market Value from Others, 2017 – 2027(US$ Mn)
4.3 Services
4.3.1 Global Industrial IoT Market Value from Services, 2017 – 2027(US$ Mn)
4.3.2 Managed Service
4.3.2.1 Global Industrial IoT Market Value from Managed Service, 2017 – 2027(US$ Mn)
4.3.3 Professional Service
4.3.3.1 Global Industrial IoT Market Value from Professional Service, 2017 – 2027(US$ Mn)
4.4 Platforms
4.4.1 Global Industrial IoT Market Value from Platforms, 2017 – 2027(US$ Mn)
4.4.2 Application Management
4.4.2.1 Global Industrial IoT Market Value from Application Management, 2017 – 2027(US$ Mn)
4.4.3 Connectivity Management
4.4.3.1 Global Industrial IoT Market Value from Connectivity Management, 2017 – 2027(US$ Mn)
4.4.4 Device Management
4.4.4.1 Global Industrial IoT Market Value from Device Management, 2017 – 2027(US$ Mn)

Chapter 5 Global Industrial IoT Market, by Application
5.1 Overview
5.1.1 Global Industrial IoT Market Value Share, by Application, 2018 & 2027 (Value, %)
5.2 Automotive
5.2.1 Global Industrial IoT Market Value from Automotive, 2017 – 2027(US$ Mn)
5.3 Aerospace & Defense
5.3.1 Global Industrial IoT Market Value from Aerospace & Defense, 2017 – 2027(US$ Mn)
5.4 Food & Beverages
5.4.1 Global Industrial IoT Market Value from Food & Beverages , 2017 – 2027(US$ Mn)
5.5 Energy & Power
5.5.1 Global Industrial IoT Market Value from Energy & Power, 2017 – 2027(US$ Mn)
5.6 Oil & Gas
5.6.1 Global Industrial IoT Market Value from Oil & Gas, 2017 – 2027(US$ Mn)
5.7 Healthcare
5.7.1 Global Industrial IoT Market Value from Healthcare, 2017 – 2027(US$ Mn)
5.8 Logistics & Transport
5.8.1 Global Industrial IoT Market Value from Logistics & Transport, 2017 – 2027(US$ Mn)
5.9 Others
5.9.1 Global Industrial IoT Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 6 North America Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 North America Industrial IoT Market Analysis, by Component, 2017 – 2027 (US$ Mn)
6.2.1 Market Analysis
6.3 North America Industrial IoT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
6.3.1 Market Analysis
6.4 North America Industrial IoT Market, by Country, 2017 – 2027 (US$ Mn)
6.4.1 Market Analysis
6.4.2 U.S.
6.4.2.1 U.S. Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
6.4.2.2 U.S.Industrial IoT Market Value,by Application, 2017 – 2027 (US$ Mn)
6.4.3 Canada
6.4.3.1 Canada Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
6.4.3.2 Canada Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 7 Europe Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Europe Industrial IoT Market Analysis, by Component, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 Europe Industrial IoT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 Europe Industrial IoT Market, by Country, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.4.2 U.K.
7.4.2.1 U.K. Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
7.4.2.2 U.K. Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.3 Germany
7.4.3.1 Germany Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
7.4.3.2 Germany Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.4 France
7.4.4.1 France Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
7.4.4.2 France Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
7.4.5 Rest of Europe
7.4.5.1 Rest of Europe Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
7.4.5.2 Rest of Europe Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Asia Pacific Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Asia Pacific Industrial IoT Market Analysis, by Component, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Asia Pacific Industrial IoT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Asia Pacific Industrial IoT Market, by Country, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.4.2 China
8.4.2.1 China Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
8.4.2.2 China Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.3 Japan
8.4.3.1 Japan Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
8.4.3.2 Japan Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.4 India
8.4.4.1 India Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
8.4.4.2 India Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
8.4.5 Rest of Asia Pacific
8.4.5.1 Rest of Asia Pacific Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
8.4.5.2 Rest of Asia Pacific Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Rest of the World (RoW) Industrial IoT Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 RoW Industrial IoT Market Analysis, by Component, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 RoW Industrial IoT Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 RoW Industrial IoT Market, by Country (US$ Mn)
9.4.1 Market Analysis
9.4.2 Middle East & Africa (MEA)
9.4.2.1 MEA Industrial IoT Market Value, by Component, 2017 – 2027 (US$ Mn)
9.4.2.2 MEA Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
9.4.3 Latin America
9.4.3.1 Latin America Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)
9.4.3.2 Latin America Industrial IoT Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Company Profiles
10.1 ABB Ltd.
10.2 ARM Holding PLC
10.3 Atmel Corporation
10.4 Bosch
10.5 Cisco Systems Inc.
10.6 General Electric Company
10.7 Honeywell International
10.8 Huawei Technologies
10.9 IBM Corporation
10.10 Intel Corporation
10.11 Microsoft Corporation
10.12 NEC Corporation
10.13 Rockwell Automation Inc.
10.14 Siemens AG
10.15 Texas Instruments

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