Industrial Internet of Things (IoT) Market Size and Growth
The Industrial Internet of Things (IoT) market research reports indicate a growing trend in connectivity and automation within industrial processes. The market size is expected to reach $1 trillion by 2027, driven by increased demand for smart manufacturing and predictive maintenance solutions. Key players include GE, Siemens, and IBM.
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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
Some key players in the Industrial IoT market include IBM, Intel, Schneider, GE, Emerson, ABB, Accenture, Tech Mahindra, Softweb Solutions, Sasken Technologies, ZIH Corp, Siemens, Robert Bosch, and NEC. These companies use IoT for data analytics, predictive maintenance, asset monitoring, and smart manufacturing, contributing to the market growth.
- IBM: $73.6 billion
- Intel: $77.9 billion
- General Electric: $95.2 billion
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Market Segmentation
By Application
◍ Manufacturing
◍ Energy & Power
◍ Oil & Gas
◍ Healthcare
◍ Logistics & Transport
◍ Agriculture
◍ Others
By Product
◍ Hardware
◍ Sensor
◍ Software and Service
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