How to Pragmatically Accelerate Plant Growth with the IIoT

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Opportunities and Forecasts, 2017 2023
Pages 140 Publish Date Feb 2018
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Industrial Internet of Things (IIoT) Market
North America holds the largest share in the
global IIoT market. Deployment of advanced IoT
technologies such as Industry 4.0, virtual
reality augmented reality and artificial
intelligence, introduction to cloud-based
services, change management, and predictive
maintenance and visibility are expected to boost
the IIoT market in North America. Seapee
Bajaj Lead Analyst, Semiconductors Electronics
at AMR.
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Industrial Internet of Things (IIoT) Market

• Industrial Internet of Things (IIoT) Market size
  was valued at 115 billion in 2016, and is
  projected to reach at 197 billion by 2023,
  growing at a CAGR of 7.5 from 2017 to 2023.
  Advancement in technologies has helped key
  players, such as to offer enhanced IIoT offerings
  to their end users. Integration of smart sensors
  into industrial machines encouraged the
  manufacturers to reduce the operational cost by
  50 and is expected to decrease further during
  the forecast period.
• IIoT is a network of multiple devices connected
  through communications technologies. The
  sub-systems are able to collect, monitor,
  analyze, and deliver insights for driving
  business decisions for the industrial companies.
  IIoT is an integration of advanced technologies
  such as Machine-to-Machine (M2M) communication.
• Read more at https//www.alliedmarketresearch.co
  m/industrial-internet-of-things-IIOT-market

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Industrial Internet of Things (IIoT) Market Key
Benefits

• Hardware components are projected to continue to
  maintain their leading position during the
  forecast period.
• Manufacturing application is projected to
  continue to maintain its leading position till
  2023.
• Asia-Pacific is expected to exhibit promising
  growth rate during the forecast period.
• IIoT industry participants is anticipated to
  focus on introducing new products with
  innovations and partnerships to improve their
  market share.

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Industrial Internet of Things (IIoT) Market
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Industrial Internet of Things (IIoT) Market By
Geography
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Key Players in Industry

• Cisco Systems, Inc.
• General Electric
• Intel Corporation
• Rockwell Automation, Inc.
• ABB Group
• Texas Instruments Inc.
• Dassault Systmes
• Honeywell International Inc.
• Huawei Technology Co., Ltd.
• IBM Corporation
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• https//www.alliedmarketresearch.com/request-sampl
  e/4553

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Industrial Internet of Things (IIoT) Market
Segments
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Industrial Internet of Things (IIoT) Market By
Geography

• North America, Europe, Asia-Pacific, LAMEA

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