The global industrial IoT market is expected to reach USD 933.62 billion by 2025, according to a new report by Radiant Insights, Inc. The growing demand and adoption of cloud computing, coupled with the Scalability of IPv6-3.4X 10^38 IP address, are presumed to drive the market over the forecast period.
Businesses, across the globe, are seeking new operating models to create a connected enterprise for merging operational and information departments of the industry. This transformation is predicted to increase the overall productivity, enhance operational efficiency, improve visibility, and reduce the complexities of different processes in the industry.
Download Free Sample Report @ https://www.radiantinsights.com/research/industrial-internet-of-things-iiot-market/request-sample
The ability of IoT to reduce costs has been the prime factor for its adoption in the industrial sector. However, several significant investment incentives, such as increased productivity, process automation, and time-to-market, have also been boosting this adoption. The falling prices of sensors have reduced the overall cost associated with data collection and analytics.
An emerging trend among enterprises worldwide is the transformation of technical focus to improving connectivity in order to undertake data collection with the right security measures in place and with improved connections to the cloud. The emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors are also driving IIoT market growth.
However, there are a few factors that are anticipated to limit the global IIoT growth. The major factors challenging the market growth are the lack of a defined protocol or standardization and use of old equipment. Security-related concerns, associated with big data, are also expected to limit the market growth.
Further key findings from the report suggest:
• The global industrial IoT market size exceeded USD 100 billion in 2016 and is presumed to grow at a CAGR of over 25% from 2017 to 2025
• Manufacturers are increasingly leveraging the benefits of IIoT solutions to enhance their analytics functionalities (through predictive maintenance), consolidate their control rooms, and track assets
• The managed IIoT services segment is predicted to growth over the next eight years, as implementation of IoT technology requires integration of managed IIoT services at every layer of the IIoT ecosystem
• The Asia Pacific regional market is anticipated to outgrow the North American market and emerge as the highest revenue-generating region, with China spearheading the growth, by the end of 2025
• Large IT solutions & service providers are seeking IIoT platform, as a high-margin solution that generates a stable revenue stream via cloud-based revenue models
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/industrial-internet-of-things-iiot-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot & Key Buying Criteria, 2014 - 2025
Chapter 3. Industrial IoT Industry Outlook
3.1. Market Segmentation & Scope
3.2. Market Size and Growth Prospects, 2014 - 2025
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Penetration & Growth Prospect Mapping
3.6. Industry Analysis - Porter's
3.7. Key Company Ranking Analysis, 2016
3.8. PEST Analysis
Chapter 4. Industrial IoT Component Estimates & Trend Analysis
4.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
4.2. Component Movement Analysis & Market Share, 2016 & 2025
4.3. Solution
4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.2. Remote monitoring
4.3.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.3. Data management
4.3.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.4. Analytics
4.3.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.5. Security solutions
4.3.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.6. Others
4.3.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.4. Services
4.4.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
4.4.2. Professional
4.4.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.4.3. Managed
4.4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5. Platform
4.5.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
4.5.2. Connectivity management
4.5.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5.3. Application management
4.5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5.4. Device management
4.5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
Chapter 5. Industrial IoT End-Use Estimates & Trend Analysis
5.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
5.2. End-Use Movement Analysis & Market Share, 2016 & 2025
5.3. Manufacturing
5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.4. Energy & Power
5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.5. Oil & Gas
5.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.6. Healthcare
5.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.7. Logistics & Transport
5.7.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.8. Agriculture
5.8.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.9. Others
5.9.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
Businesses, across the globe, are seeking new operating models to create a connected enterprise for merging operational and information departments of the industry. This transformation is predicted to increase the overall productivity, enhance operational efficiency, improve visibility, and reduce the complexities of different processes in the industry.
Download Free Sample Report @ https://www.radiantinsights.com/research/industrial-internet-of-things-iiot-market/request-sample
 |
| Industrial Internet of Things (IIoT) Market |
The ability of IoT to reduce costs has been the prime factor for its adoption in the industrial sector. However, several significant investment incentives, such as increased productivity, process automation, and time-to-market, have also been boosting this adoption. The falling prices of sensors have reduced the overall cost associated with data collection and analytics.
An emerging trend among enterprises worldwide is the transformation of technical focus to improving connectivity in order to undertake data collection with the right security measures in place and with improved connections to the cloud. The emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors are also driving IIoT market growth.
However, there are a few factors that are anticipated to limit the global IIoT growth. The major factors challenging the market growth are the lack of a defined protocol or standardization and use of old equipment. Security-related concerns, associated with big data, are also expected to limit the market growth.
Further key findings from the report suggest:
• The global industrial IoT market size exceeded USD 100 billion in 2016 and is presumed to grow at a CAGR of over 25% from 2017 to 2025
• Manufacturers are increasingly leveraging the benefits of IIoT solutions to enhance their analytics functionalities (through predictive maintenance), consolidate their control rooms, and track assets
• The managed IIoT services segment is predicted to growth over the next eight years, as implementation of IoT technology requires integration of managed IIoT services at every layer of the IIoT ecosystem
• The Asia Pacific regional market is anticipated to outgrow the North American market and emerge as the highest revenue-generating region, with China spearheading the growth, by the end of 2025
• Large IT solutions & service providers are seeking IIoT platform, as a high-margin solution that generates a stable revenue stream via cloud-based revenue models
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/industrial-internet-of-things-iiot-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot & Key Buying Criteria, 2014 - 2025
Chapter 3. Industrial IoT Industry Outlook
3.1. Market Segmentation & Scope
3.2. Market Size and Growth Prospects, 2014 - 2025
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Penetration & Growth Prospect Mapping
3.6. Industry Analysis - Porter's
3.7. Key Company Ranking Analysis, 2016
3.8. PEST Analysis
Chapter 4. Industrial IoT Component Estimates & Trend Analysis
4.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
4.2. Component Movement Analysis & Market Share, 2016 & 2025
4.3. Solution
4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.2. Remote monitoring
4.3.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.3. Data management
4.3.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.4. Analytics
4.3.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.5. Security solutions
4.3.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.3.6. Others
4.3.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.4. Services
4.4.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
4.4.2. Professional
4.4.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.4.3. Managed
4.4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5. Platform
4.5.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
4.5.2. Connectivity management
4.5.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5.3. Application management
4.5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
4.5.4. Device management
4.5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
Chapter 5. Industrial IoT End-Use Estimates & Trend Analysis
5.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
5.2. End-Use Movement Analysis & Market Share, 2016 & 2025
5.3. Manufacturing
5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.4. Energy & Power
5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.5. Oil & Gas
5.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.6. Healthcare
5.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.7. Logistics & Transport
5.7.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.8. Agriculture
5.8.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
5.9. Others
5.9.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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