Global Industrial Internet of Things (IoT) market cagr 11.2%

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Industrial Internet of Things (IoT)

Market

Industrial Internet of Things (IoT) Market Size and Growth

The Industrial Internet of Things (IoT) market is experiencing significant growth, driven by increased automation and data analytics in manufacturing and supply chains. The global market size was valued at approximately $75 billion in 2022 and is projected to reach around $110 billion by 2026, reflecting robust demand and innovation.

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Companies Covered

(Covid 19 Impact Covered)

◍ IBM

◍ Intel

◍ Schneider

◍ General Electric

◍ Emerson

◍ ABB

◍ Accenture PLC

◍ Tech Mahindra

◍ Softweb Solutions

◍ Sasken Technologies

◍ ZIH Corp

◍ Siemens

◍ Robert Bosch

◍ NEC

The Industrial IoT market features key players like IBM, Intel, and Siemens, leveraging IoT for enhanced automation and analytics. Companies such as GE and Emerson contribute through advanced sensors and AI, boosting operational efficiency. Sales figures indicate strong revenues, showcasing their pivotal roles in market growth and innovation.

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Market Segmentation

By Application

By Product

Hardware

Software and Service ◍ Manufacturing

Energy & Power ◍ Oil & Gas ◍ Healthcare ◍ Logistics & Transport ◍ Agriculture ◍ Others

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Sensor

Market Growth

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$ X Billion USD

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