Industrial Internet of Things (IIoT) Market

Industrial Internet of Things (IIoT) Market (Component: Hardware, Software, and Services [System Integration, Consulting Services, and Support and Maintenance Services]; and Industry) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Industrial Internet of Things (IIoT) Market Outlook 2031

  • The global Industrial Internet of Things (IIoT) market was valued at US$ 226.1 Bn in 2020
  • It is estimated to expand at a CAGR of 22.9% from 2021 to 2031
  • The global Industrial Internet of Things (IIoT) market is expected to cross the value of US$ 2.1 Trn by the end of 2031

Analysts’ Viewpoint on Industrial Internet of Things (IIoT) Market Scenario

Since telehealth and video conferencing through eHealth apps is growing popular, healthcare facilities should enable training programs for healthcare practitioners to tap into long-term revenue opportunities in the post coronavirus period. Although the Industrial Internet of Things (IIoT) market is projected for exponential growth during the forecast period, there is a need for job stability for healthcare practitioners and other healthcare staff after the adoption of new technological processes. This again indicates the need for investments in the training of existing & experienced practitioners and staff to ensure their job stability, which will help to streamline processes. On the other hand, the growing adoption of IIoT by various manufacturing sectors, and aviation and transportation industries is expected to boost the growth of the Industrial Internet of Things (IIoT) market during the forecast period.

Leading-edge IIoT Platforms Improving Industrial Operational Efficiency

Currently, Industrial Internet of Things (IIoT) is one of the most profitable markets due to its usefulness in several end-use industries such as oil & gas, healthcare, and aviation, among others. Companies in the Industrial Internet of Things (IIoT) market are entering into mergers and acquisitions (M&As) to innovate in platforms that help supply chain organizations to create no code or low code applications. This implies the development of exclusive IIoT platforms that optimize operational efficiency and offer application enablement.

Next-gen IIoT platforms are helping to improve the traceability of parcel shipment, which plays an instrumental role in certifying efficiency in operational decision-making. Connecting operational technology to the Internet holds promising potentials to make industrial activities more viable with the help of connected devices and sensors at work to generate real-time data.

Video Conferencing within Healthcare Sector Setting New Trends Post COVID-19 Period

The coronavirus outbreak has led to increased emphasis on improving the processes and technologies in the healthcare sector. IIoT in the healthcare sector will provide an opportunity to tailor its cognitive data analysis platform by placing major emphasis on health-related services and products. This data analysis is helping stakeholders in healthcare systems to gain cost efficiencies by effectively managing patients through enhanced decision making, to optimize organizational performance and enable better customer engagement.

The proliferation of telemedicine and eHealth apps holds lucrative and long-term incremental opportunities for stakeholders in the Industrial Internet of Things (IIoT) market. Advancements in video conferencing and IIoT are expected to provide numerous opportunities to healthcare professionals, as they can interact with patients directly by eliminating the travel time required to visit in-person.

Cost-intensive Implementation of IIoT Hindering Market Growth

Since the technology of the IIoT is in its nascent stage, its implementation and installation within the existing infrastructure can be a potentially cost-intensive process. Nevertheless, as this technology becomes more commonplace with the help of regulatory standards, its cost is predicted to decrease throughout the assessment period.

The growing influx of collaborative robots, also known as cobots, is contributing to the growth of the Industrial Internet of Things (IIoT) market. Connected industrial robots have the ability to work under human directions, and will eventually understand & learn from the surrounding environment. Manufacturers in the Industrial Internet of Things (IIoT) market are investing in R&D to increase the availability of cost-effective cobots.

Asia Pacific and North America Offer Untapped Growth Opportunities for IIoT Companies

The IIoT technology is gaining prominence in regions of North America and Asia Pacific. This is evident since users in the U.S. are quick to adopt new technologies that facilitate system integration, consulting, and support & maintenance services in end-use industries such as logistics, power generation, and mining, among others. Hardware such as sensors have proliferated, without which IoT solutions cannot be implemented. Many IoT devices rely on multiple sensors to monitor data.

The ever-expanding agriculture sector is an untapped industry in India. The growing need to automate agricultural processes in India is contributing to the overall growth of the Asia Pacific Industrial Internet of Things (IIoT) market. On the other hand, China is fueling the demand for enhanced support solutions to deliver better customer experiences, which is projected to create lucrative value-grab opportunities for stakeholders in the Asia Pacific Industrial Internet of Things (IIoT) market. Moreover, Asia Pacific has other emerging economies such as Taiwan, Thailand, and South Korea, where IIoT companies are emphasizing on professional and managed service activities.

Industrial Internet of Things (IIoT) Market: Overview

  • The latest research report published by Transparency Market Research pertains to the global Industrial Internet of Things (IIoT) market for the historical period 2016–2020, and the forecast period 2021-2031. Industrial Internet of Things (IIoT) denotes the extension and implementation of IoT in applications and industrial sectors. With a strong focus on machine learning and Big Data, IIOT allows enterprises and industries to have better reliability and efficiency in operations. Industrial Internet of Things (IIoT) involves robotics, industrial applications, medical devices, and software defined production processes.
  • Growing adoption of Industrial Internet of Things (IIoT) by aviation, transportation, and various manufacturing sectors is expected to boost the Industrial Internet of Things (IIoT) market during the forecast period
  • Connecting operational technology to the Internet can make the industry more viable with the help of connected devices and sensors at work, and real-time data is generated

Rising Adoption in Transportation & Logistics Sector: Key Driver of Industrial Internet of Things (IIoT) Market

  • Increasing adoption of IIoT solutions and services in transportation to reduce the number of accidents and parking delays is the major factor driving the Industrial Internet of Things (IIoT) market
  • There are many systems developed to deal with traffic issues. These include emergency systems, tracking devices (for tracking vehicles and sending location information in an emergency scenario), and driving behavior solutions to keep track of driving skills and avoid rash driving and accidents. Furthermore, governments are also taking initiatives to deploy advanced systems for the transportation & logistics industry.
  • Demand for IIoT in transportation is rising globally, owing to increasing congestion and traffic issues in metropolitan areas. Adoption of IIoT solutions for transportation significantly reduces traveling & parking delays and the number of accidents.
  • As per a study published in Time Magazine, drivers looking for parking spaces rack up more fuel combustion each year. According to this study, drivers in search of a parking spot clocked around 950,000 travel miles, 730 tons of greenhouse gas emission, and 47,000 gallons of gas.
  • Many companies are deploying and developing electronic toll collection systems to reduce travelling time on highways. In line with this, the Government of India launched an electronic toll collection (ETC) program in 2014, called FASTag that allows people to pay highway tolls electronically.
  • Furthermore, Advanced Traffic Management System (ATMS), a subfield of Intelligent Transportation System (ITS) is used primarily to improve traffic flow. This system uses sensing, communications, and data-processing technologies to reduce traffic problems and unpredictable incidents. The above mentioned factors represent the growing adoption of IoT solutions in the transportation sector, thus supporting the growth of the Industrial Internet of Things market.
  • For instance, in August 2021, Ivanti acquired an IIoT platform from WIIO Group. This acquisition will help supply chain organizations to create no code or low code applications. Ivanti is focusing on creating value with an exclusive IIoT platform that optimizes operational efficiency and offers application enablement. The company is also focusing on improving the traceability of parcel shipment, which will help in certifying efficiency in operational decision-making.

Increasing Demand for Industrial Internet of Things (IIoT) from Healthcare Sector

  • IIoT in the healthcare sector will provide an opportunity to tailor its cognitive data analysis platform by placing major emphasis on health-related services and products. This data analysis is expected to optimize organizational performance, enable better customer engagement, and gain cost efficiencies by effectively managing patients through enhanced decision making.
  • Advancements in video conferencing, telemedicine, and IIoT is expected to provide numerous opportunities to healthcare professionals, as they can interact with patients directly, eliminating the travel time required to visit in person

Industrial Internet of Things (IIoT) Market: Competition Landscape

  • Detailed profiles of providers of Industrial Internet of Things (IIoT) services have been given in the market report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global Industrial Internet of Things (IIoT) market are
    • IBM Corporation
    • Intel Corporation
    • Schneider Electric SE
    • General Electric Company
    • Emerson Electric
    • ABB Limited
    • Accenture plc
    • Tech Mahindra Limited
    • Softweb Solutions Inc.
    • Sasken Technologies Ltd.
    • ZIH Corp
    • Siemens AG
    • Robert Bosch GmbH
    • NEC Corporation
    • Kuka AG
    • Huawei Technology Co., Ltd.
    • Dassault Systèmes
    • Texas Instruments Inc.

Industrial Internet of Things (IIoT) Market: Key Developments

  • Key players in the Industrial Internet of Things (IIoT) market, such as General Electric Corporation, Intel Corporation, Emerson Electric, Accenture PLC, and Huawei Technology Co., Ltd. attempt to innovate in the Industrial Internet of Things (IIoT) sector to bring a similar or greater level of expertise in the service segment to enhance their presence in the market
  • Additionally, players active in the Industrial Internet of Things (IIoT) market are focusing on inorganic growth strategies such as strategic collaborations and merger & acquisition activities with technology partners to improve their offerings and market reach. Some other key developments in the global Industrial Internet of Things (IIoT) market are highlighted below:
    • In February 2022, Forescout acquired CyberMDX Technologies Inc. Forescout is aiming on expanding its product reach and focusing on becoming the global leader in safeguarding IOMT (Internet of Medical Things) devices
    • In January 2022, Orange invested in Move Capital, a venture capital fund to support European B2B technology companies. Move Capital is active in cybersecurity, data analytics, Industry 4.0, cloud, and IoT
  • In the global Industrial Internet of Things (IIoT) market report, we have discussed individual strategies, followed by company profiles of providers of Industrial Internet of Things (IIoT) services. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global Industrial Internet of Things (IIoT) market.

Industrial Internet of Things (IIoT) Market Snapshot

Attribute

Detail

Market Size Value in 2020

US$ 226.1 Bn

Market Forecast Value in 2031

US$ 2,146.4 Bn

Growth Rate (CAGR)

22.9%

Forecast Period

2021-2031

Market Analysis

US$ Bn for Value

Key Market Segments Covered

  • Component
    • Hardware
    • Software
    • Services
      • System Integration
      • Consulting Services
      • Support and Maintenance Services
  • Industry
    • Aviation
    • Oil & Gas
    • Transportation
    • Power Generation & Utility
    • Manufacturing
    • Healthcare (Medical Devices)
    • Others (Mining, Agriculture etc.)

Key Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Key Countries Covered

  • U.S
  • Canada
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • India
  • Japan
  • ASEAN
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Brazil
  • Argentina

Key Companies Profiled

  • General Electric Corporation
  • Intel Corporation
  • Emerson Electric
  • Accenture PLC
  • Huawei Technology Co., Ltd.

Customization Scope

Available upon Request

Pricing

Available upon Request

Industrial Internet of Things (IIoT) Market – Segmentation

TMR’s research study assesses the Industrial Internet of Things (IIoT) market on the basis of component, industry, and region. The report presents extensive market dynamics and progressive trends associated with different segments, and how they influence the growth prospects of the Industrial Internet of Things (IIoT) market.

Component
  • Hardware
  • Software
  • Services
    • System Integration
    • Consulting Services
    • Support and Maintenance Services
Industry
  • Aviation
  • Oil & Gas
  • Transportation
  • Power Generation & Utility
  • Manufacturing
  • Healthcare (Medical Devices)
  • Others (Mining, Agriculture, etc.)
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Frequently Asked Questions

What is the Industrial Internet Of Things Market size?

Industrial Internet Of Things Market is projected to reach US$ 2.1 Trn by the end of 2031

What is the CAGR for Industrial Internet Of Things Market?

Industrial Internet Of Things Market is expected to grow at a CAGR of 22.9% during 2021-2031

What is the Study Period of Industrial Internet Of Things Market?

Industrial Internet Of Things Market is studied from 2021-2031

Who are the key players in the Industrial Internet Of Things Market?

Key vendors in the Industrial Internet Of Things Market are IBM Corporation, Intel Corporation, Schneider Electric SE, General Electric Company, Emerson Electric, ABB Limited, Accenture plc, Tech Mahindra Limited, Softweb Solutions Inc., Sasken Technologies Ltd., ZIH Corp, Siemens AG, Robert Bosch GmbH, NEC Corporation, Kuka AG, Huawei Technology Co., Ltd., Dassault Systèmes, and Texas Instruments Inc.

Which Region Lead Industrial Internet Of Things Market?

North America and Asia Pacific regions Takes Lead in the Industrial Internet Of Things Market

    1. Preface

        1.1. Market Introduction

        1.2. Market Segmentation

        1.3. Key Research Objectives

    2. Assumptions and Research Methodology

        2.1. Research Methodology

            2.1.1. List of Primary and Secondary Sources

        2.2. Key Assumptions for Data Modelling

    3. Executive Summary: Global Industrial Internet of Things (IIoT) Market

    4. Market Overview

        4.1. Market Definition

        4.2. Technology/ Product Roadmap

        4.3. Market Factor Analysis

            4.3.1. Forecast Factors

            4.3.2. Ecosystem/ Value Chain Analysis

            4.3.3. Market Dynamics (Growth Influencers)

                4.3.3.1. Drivers

                4.3.3.2. Restraints

                4.3.3.3. Opportunities

                4.3.3.4. Impact Analysis of Drivers and Restraints

        4.4. COVID-19 Impact Analysis

            4.4.1. Impact of COVID-19 on the Industrial Internet of Things (IIoT) Market

            4.4.2. End-user Sentiment Analysis: Comparative Analysis on Spending

                4.4.2.1. Increase in Spending

                4.4.2.2. Decrease in Spending

            4.4.3. Short Term and Long Term Impact on the Market

        4.5. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

            4.5.1. By Component

            4.5.2. By Industry

    5. Global Industrial Internet of Things (IIoT) Market Analysis and Forecast

        5.1. Market Revenue Analysis (US$ Bn), 2016-2031

            5.1.1. Historic Growth Trends, 2016-2020

            5.1.2. Forecast Trends, 2021-2031

        5.2. Pricing Model Analysis/ Price Trend Analysis

    6. Global Industrial Internet of Things (IIoT) Market Analysis, by Component

        6.1. Overview and Definitions

        6.2. Key Segment Analysis

        6.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Component, 2018 - 2031

            6.3.1. Hardware

            6.3.2. Software

            6.3.3. Services

                6.3.3.1. System Integration

                6.3.3.2. Consulting Services

                6.3.3.3. Support and Maintenance Services

    7. Global Industrial Internet of Things (IIoT) Market Analysis, by Industry

        7.1. Overview and Definitions

        7.2. Key Segment Analysis

        7.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Industry, 2018 - 2031

            7.3.1. Aviation

            7.3.2. Oil & Gas

            7.3.3. Transportation

            7.3.4. Power Generation & Utility

            7.3.5. Manufacturing

            7.3.6. Healthcare (Medical Devices)

            7.3.7. Others (Mining, Agriculture etc.)

    8. Global Industrial Internet of Things (IIoT) Market Analysis and Forecasts, by Region

        8.1. Key Findings

        8.2. Market Size (US$ Bn) Forecast by Region, 2018-2031

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Middle East & Africa

            8.2.5. South America

    9. North America Industrial Internet of Things (IIoT) Market Analysis and Forecast

        9.1. Regional Outlook

        9.2. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            9.2.1. By Component

            9.2.2. By Industry

        9.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Country, 2018 - 2031

            9.3.1. U.S.

            9.3.2. Canada

            9.3.3. Mexico

    10. Europe Industrial Internet of Things (IIoT) Market Analysis and Forecast

        10.1. Regional Outlook

        10.2. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            10.2.1. By Component

            10.2.2. By Industry

        10.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            10.3.1. Germany

            10.3.2. UK

            10.3.3. France

            10.3.4. Italy

            10.3.5. Spain

            10.3.6. Rest of Europe

    11. Asia Pacific Industrial Internet of Things (IIoT) Market Analysis and Forecast

        11.1. Regional Outlook

        11.2. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            11.2.1. By Component

            11.2.2. By Industry

        11.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            11.3.1. China

            11.3.2. India

            11.3.3. Japan

            11.3.4. ASEAN

            11.3.5. Rest of Asia Pacific

    12. Middle East & Africa Industrial Internet of Things (IIoT) Market Analysis and Forecast

        12.1. Regional Outlook

        12.2. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            12.2.1. By Component

            12.2.2. By Industry

        12.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            12.3.1. Saudi Arabia

            12.3.2. The United Arab Emirates

            12.3.3. South Africa

            12.3.4. Rest of Middle East & Africa

    13. South America Industrial Internet of Things (IIoT) Market Analysis and Forecast

        13.1. Regional Outlook

        13.2. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            13.2.1. By Component

            13.2.2. By Industry

        13.3. Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            13.3.1. Brazil

            13.3.2. Argentina

            13.3.3. Rest of South America

    14. Competition Landscape

        14.1. Market Competition Matrix, by Leading Players

        14.2. Market Revenue Share Analysis (%), by Leading Players (2020)

        14.3. Competitive Scenario

            14.3.1. List of Emerging, Prominent and Leading Players

            14.3.2. Major Mergers & Acquisitions, Expansions, Partnership, Contacts, Deals, etc.

    15. Company Profiles

        15.1. IBM Corporation

            15.1.1. Business Overview

            15.1.2. Company Revenue

            15.1.3. Product Portfolio

            15.1.4. Geographic Footprint

            15.1.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.2. Intel Corporation

            15.2.1. Business Overview

            15.2.2. Company Revenue

            15.2.3. Product Portfolio

            15.2.4. Geographic Footprint

            15.2.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.3. Schneider Electric SE

            15.3.1. Business Overview

            15.3.2. Company Revenue

            15.3.3. Product Portfolio

            15.3.4. Geographic Footprint

            15.3.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.4. General Electric Company

            15.4.1. Business Overview

            15.4.2. Company Revenue

            15.4.3. Product Portfolio

            15.4.4. Geographic Footprint

            15.4.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.5. Emerson Electric

            15.5.1. Business Overview

            15.5.2. Company Revenue

            15.5.3. Product Portfolio

            15.5.4. Geographic Footprint

            15.5.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.6. ABB Ltd.

            15.6.1. Business Overview

            15.6.2. Company Revenue

            15.6.3. Product Portfolio

            15.6.4. Geographic Footprint

            15.6.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.7. Accenture PLC

            15.7.1. Business Overview

            15.7.2. Company Revenue

            15.7.3. Product Portfolio

            15.7.4. Geographic Footprint

            15.7.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.8. Tech Mahindra Limited

            15.8.1. Business Overview

            15.8.2. Company Revenue

            15.8.3. Product Portfolio

            15.8.4. Geographic Footprint

            15.8.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.9. Softweb Solutions Inc.

            15.9.1. Business Overview

            15.9.2. Company Revenue

            15.9.3. Product Portfolio

            15.9.4. Geographic Footprint

            15.9.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.10. Sasken Technologies Ltd.

            15.10.1. Business Overview

            15.10.2. Company Revenue

            15.10.3. Product Portfolio

            15.10.4. Geographic Footprint

            15.10.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.11. ZIH Corp.

            15.11.1. Business Overview

            15.11.2. Company Revenue

            15.11.3. Product Portfolio

            15.11.4. Geographic Footprint

            15.11.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.12. Siemens AG

            15.12.1. Business Overview

            15.12.2. Company Revenue

            15.12.3. Product Portfolio

            15.12.4. Geographic Footprint

            15.12.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.13. Robert Bosch GmbH

            15.13.1. Business Overview

            15.13.2. Company Revenue

            15.13.3. Product Portfolio

            15.13.4. Geographic Footprint

            15.13.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.14. NEC Corporation

            15.14.1. Business Overview

            15.14.2. Company Revenue

            15.14.3. Product Portfolio

            15.14.4. Geographic Footprint

            15.14.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.15. Kuka AG

            15.15.1. Business Overview

            15.15.2. Company Revenue

            15.15.3. Product Portfolio

            15.15.4. Geographic Footprint

            15.15.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.16. Huawei Technology Co., Ltd.

            15.16.1. Business Overview

            15.16.2. Company Revenue

            15.16.3. Product Portfolio

            15.16.4. Geographic Footprint

            15.16.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.17. Dassault Systèmes

            15.17.1. Business Overview

            15.17.2. Company Revenue

            15.17.3. Product Portfolio

            15.17.4. Geographic Footprint

            15.17.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.18. Texas Instruments Inc.

            15.18.1. Business Overview

            15.18.2. Company Revenue

            15.18.3. Product Portfolio

            15.18.4. Geographic Footprint

            15.18.5. Strategic Partnership, Merger & Acquisition, Business Expansion, New Product Launch, Innovation etc.

        15.19. Others

    16. Key Takeaways

    List of Tables

    Table 1: Global Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 2: Global Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 3: Global Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Region, 2018–2031

    Table 4: North America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 5: North America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 6: North America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Country, 2018 - 2031

    Table 7: Europe Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 8: Europe Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 9: Europe Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Country, 2018 - 2031

    Table 10: APAC Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 11: APAC Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 12: APAC Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Country, 2018 - 2031

    Table 13: MEA Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 14: MEA Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 15: : MEA Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Country, 2018 - 2031

    Table 16: South America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Component, 2018 - 2031

    Table 17: South America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By End-user, 2018 - 2031

    Table 18: South America Industrial Internet of Things (IIoT) Market Size (US$ Bn) Forecast, By Country, 2018 - 2031

    Table 19: IBM Corporation Business Overview & Key Competitors

    Table 20: Intel Corporation Business Overview & Key Competitors

    Table 21: Schneider Electric SE Business Overview & Key Competitors

    Table 22: General Electric Company Business Overview & Key Competitors

    Table 23: Emerson Electric Business Overview & Key Competitors

    Table 24: ABB Ltd. Business Overview & Key Competitors

    Table 25: Accenture PLC Business Overview & Key Competitors

    Table 26: Tech Mahindra Limited Business Overview & Key Competitors

    Table 27: Softweb Solutions Inc.Business Overview & Key Competitors

    Table 28: Sasken Technologies Ltd. Business Business Overview & Key Competitors

    Table 29: KUKA AG Business Overview & Key Competitors

    Table 30: Zebra Technologies Corporation Business Overview & Key Competitors

    Table 31: Siemens AG Business Overview & Key Competitors

    Table 32: Robert Bosch GmbH Business Overview & Key Competitors

    Table 33: NEC Corporation Business Overview & Key Competitors

    Table 34: Huawei Technologies Co., Ltd. Business Overview & Key Competitors

    Table 35: Texas Instruments Inc. Business Overview & Key Competitors

    Table 36: Dassault Systemes Business Overview & Key Competitors

    List of Figures

    Figure 1: TMR Analysis, Market Revenue Growth Comparison of 2018-2025 and 2018-2031

    Figure 2: TMR Analysis, Market Revenue Growth Comparison 2018-2031

    Figure 3: Global Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 4: Global Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 5: Global Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-user, 2018 and 2031

    Figure 6: Global Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 7: Global Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Region

    Figure 8: North America Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Forecast, 2018 – 2031

    Figure 9: North America Industrial Internet of Things (IIoT) Market Y-O-Y Growth Projection, 2018 – 2031

    Figure 10: North America Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 11: North America Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-User, 2018 and 2031

    Figure 12: North America Industrial Internet of Things (IIoT) Market Value Share Analysis, By Country, 2018 and 2031

    Figure 13: North America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 14: North America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Country

    Figure 15: North America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 16: Europe Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Forecast, 2018 – 2031

    Figure 17: Europe Industrial Internet of Things (IIoT) Market Y-O-Y Growth Projection, 2018 – 2031

    Figure 18: Europe Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 19: Europe Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-User, 2018 and 2031

    Figure 20: Europe Industrial Internet of Things (IIoT) Market Value Share Analysis, By Country, 2018 and 2031

    Figure 21: Europe Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 22: Europe Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Country

    Figure 23: Europe Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 24: APAC Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Forecast, 2018 – 2031

    Figure 25: APAC Industrial Internet of Things (IIoT) Market Y-O-Y Growth Projection, 2018 – 2031

    Figure 26: APAC Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 27: APAC Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-User, 2018 and 2031

    Figure 28: APAC Industrial Internet of Things (IIoT) Market Value Share Analysis, By Country, 2018 and 2031

    Figure 29: APAC Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 30: APAC Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Country

    Figure 31: APAC Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 32: MEA Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Forecast, 2018 – 2031

    Figure 33: MEA Industrial Internet of Things (IIoT) Market Y-O-Y Growth Projection, 2018 – 2031

    Figure 34: MEA Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 35: MEA Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-User, 2018 and 2031

    Figure 36: MEA Industrial Internet of Things (IIoT) Market Value Share Analysis, By Country, 2018 and 2031

    Figure 37: MEA Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 38: MEA Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Country

    Figure 39: MEA Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 40: South America Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Forecast, 2018 – 2031

    Figure 41: South America Industrial Internet of Things (IIoT) Market Y-O-Y Growth Projection, 2018 – 2031

    Figure 42: South America Industrial Internet of Things (IIoT) Market Value Share Analysis, By Component, 2018 and 2031

    Figure 43: South America Industrial Internet of Things (IIoT) Market Value Share Analysis, By End-User, 2018 and 2031

    Figure 44: South America Industrial Internet of Things (IIoT) Market Value Share Analysis, By Country, 2018 and 2031

    Figure 45: South America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Component

    Figure 46: South America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By Country

    Figure 47: South America Industrial Internet of Things (IIoT) Market Attractiveness Analysis, By End-user

    Figure 48: IBM Corporation Breakdown of Revenue, by Region (2018)

    Figure 49: IBM Corporation Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 50: Intel Corporation Breakdown of Revenue, by Region (2018)

    Figure 51: Intel Corporation Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2018

    Figure 52: Schneider Electric SE Breakdown of Revenue, by Region (2031)

    Figure 53: Schneider Electric SE Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 54: General Electric Company Breakdown of Revenue, by Region (2031)

    Figure 55: General Electric Company Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 56: Emerson Electric Breakdown of Revenue, by Region (2018)

    Figure 57: Emerson Electric Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 58: ABB Ltd. Breakdown of Revenue, by Region (2031)

    Figure 59: ABB Ltd. Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 60: Accenture PLC Breakdown of Revenue, by Region (2018)

    Figure 61: Accenture PLC Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 62: Tech Mahindra Limited Breakdown of Revenue, by Region (2018)

    Figure 63: Tech Mahindra Limited Revenue (US$) and Y-o-Y Growth (%), 2018–2031

    Figure 64: Sasken Technologies Ltd. Breakdown of Revenue, by Region (2031)

    Figure 65: Sasken Technologies Ltd. Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 66: KUKA AG Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 67: Zebra Technologies Corporation Breakdown of Revenue, by Region (2031)

    Figure 68: Zebra Technologies Corporation Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 69: Siemens AG Breakdown of Revenue, by Region (2031)

    Figure 70: Siemens AG Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 71: Robert Bosch GmbH Breakdown of Revenue, by Region (2031)

    Figure 72: Robert Bosch GmbH Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 73: NEC Corporation Revenue (US$ Bn) & Y-o-Y Growth (%), 2018–2031

    Figure 74: Huawei Technologies Co., Ltd. Breakdown of Revenue, by Region (2031)

    Figure 75: Huawei Technologies Co., Ltd. Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 76: Texas Instruments Inc. Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

    Figure 77: Dassault Systemes Breakdown of Revenue, by Region (2031)

    Figure 78: Dassault Systemes Revenue (US$ Bn) and Y-o-Y Growth (%), 2018–2031

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