Industrial Internet of Things (IIoT) Market Size and Growth
The Industrial Internet of Things (IIoT) market research reports indicate strong growth driven by increasing adoption of smart manufacturing technologies. The global IIoT market is expected to reach $197.7 billion by 2025, with a compound annual growth rate of 29.4%. Key factors include advancements in sensor technology, cloud computing, and data analytics. Request
Companies Covered (Covid 19 Impact Covered)
◍ Cisco
◍ Ge
◍ Honeywell
◍ Intel
◍ IBM
◍ ABB
◍ Rockwell Automation
◍ Siemens
◍ Huawei
◍ Bosch
◍ Kuka
◍ Texas Instrumemts
◍ Dassault Systemes
◍ PTC
◍ ARM
◍ NEC
The Industrial Internet of Things (IIoT) market is highly competitive with key players like Cisco, GE, Honeywell, Intel, IBM, ABB, Rockwell Automation, Siemens, Huawei, Bosch, Kuka, Texas Instruments, Dassault Systemes, PTC, ARM, and NEC. These companies leverage IIoT for smart manufacturing, predictive maintenance, asset tracking, and improving operational efficiency.
- Cisco: $49.3 billion
- GE: $121.6 billion
- Honeywell: $36.7 billion
Market Segmentation
By Application
◍ Manufacturing
◍ Energy
◍ Oil &Gas
◍ Metal & Mining
◍ Healthcare
◍ Retail
◍ Transportation
◍ Agriculture
By Product
◍ Device & Technology
◍ Software
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