Industrial Internet of Things (IIoT) Market

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Industrial Internet of Things (IIoT)
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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• Industrial Internet of Things (IIoT) market size
  was valued at US 123.89 billion in 2020, and it
  is estimated to grow at around CAGR 22.85 during
  2021-2026. Increasing penetration of smart
  factories, smart utilities enabling high speed
  data transmission and data analytics for
  real-time control and monitoring is analyzed to
  drive the Internet of Things Market. Growing
  demand for edge computing and related digital age
  technologies such as Artificial Intelligence
  (AI), Machine Learning (ML) for industrial
  automation enabling convergence of IT and OT to
  provide unison among all associated systems and
  machines have contributed to the Industrial
  Internet of Things (IIoT) Market growth.

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• Key Takeaways
• Utility sector is estimated to account for the
  largest market share of 18 by 2026 due to the
  increasing convergence of digitalization with
  utility sector.
• North America is estimated to dominate the market
  during 2021-2026 owing to early penetration of
  internet, high investments towards up-gradation
  of advanced technologies.
• Increasing Penetration of smart manufacturing
  factories and increasing investments towards
  adoption of asset tracking sensors in logistics
  are analyzed to stimulate the market during
  forecast period 2021-2026.
• Data Security issues is one of the challenges
  impeding the Industrial Internet of Things (IIoT)
  Market growth.

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By Distribution Channel- Segment
Analysis Industrial Internet of Things (IIoT)
Market has been segmented into Industrial
automation, asset management, environmental
monitoring, connected vehicle automated guided
vehicles, connected healthcare and others.
Industrial automation dominated the market in
2020 acquiring a share of 27 and is estimated to
hold the major Industrial Internet of Things
(IIoT) Market share of 29 by 2026 growing at a
CAGR 20.45 during 2021-2026 owing to increasing
deployments of Industrial Internet of Things
(IIoT) network bridging the gap between connected
consumers and connected infrastructure.
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• Industrial Internet of Things (IIoT) Market
  Industry Outlook 
• Cisco systems Inc.
• Hewlett Packard Enterprises
• General Electric Company
• Siemens AG
• Semtech Corporation
• Intel Corporation
• Texas Instruments
• IBM Corporation
• Microsoft Corporation
• Amazon Web Services

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Industrial Internet of Things (IIoT) Market
Forecast (2022 - 2027)
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-internet-of-things-(IIoT)-market-report.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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