Industrial Internet of Things (IIoT) Market Size, Share, Trends, Growth and Forecast 2032

Industrial Internet of Things (IIoT) Market

Industrial Internet of Things (IIoT) Market by Component (Sensors, Industrial Robotics, Distributed Control System (DCS), Condition Monitoring, Camera Systems, Smart Meters, and Others), by Software (Product Lifecycle Management (PLM) Systems, Manufacturing Execution System (MES), SCADA Systems, Distribution Management System, and Others), for Verticals (Manufacturing, Utilities, Oil & Gas, Metals & Mining, Retail, Healthcare, Transportation & Logistics, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-2790 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 341.72 Billion USD 607.42 Billion 6.60% 2023

Industrial Internet of Things (IIoT) Market

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description and Scope
    • 1.2. Research Scope 
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Industrial Internet of Things (IIoT) Market, 2015–2023 (USD Billion)
    • 2.2. Global Industrial Internet of Things (IIoT) Market: Snapshot
  •  
  • Chapter 3. Industrial Internet of Things (IIoT) – Market Dynamics 
    • 3.1. Introduction 
    • 3.2. Market Drivers
      • 3.2.1. Global Industrial Internet of Things (IIoT) Market Drivers: Impact Analysis 
      • 3.2.2. Increasing investments in smart technologies to improve operational efficiency by various industries
      • 3.2.3. The ability of IIoT to reduce manufacturing cost    
    • 3.3. Market Restraints
      • 3.3.1. Lack of a defined protocol or standardization and use of old equipment
      • 3.3.2. Security-related issues coupled with big data and artificial intelligence
    • 3.4. Opportunities
      • 3.4.1. Increasing set-up of data centers
    • 3.5. Porter’s Five Forces Analysis
      • 3.5.1. Bargaining Power of Suppliers 
      • 3.5.2. Bargaining Power of Buyers
      • 3.5.3. Threat From New Entrants
      • 3.5.4. Threat From New Substitutes
      • 3.5.5. Degree of Competition                 
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis, by Component Segment 
      • 3.6.2. Market Attractiveness Analysis, by Software Segment
      • 3.6.3. Market Attractiveness Analysis, by Vertical Segment
      • 3.6.4. Market Attractiveness Analysis, by Regional Segment
  •  
  • Chapter 4. Global Industrial Internet of Things (IIoT) Market – Competitive Landscape
    • 4.1. Company Market Share Analysis     (Subject to Data Availability)
      • 4.1.1. Global Industrial Internet of Things (IIoT) Market: Company Market Share, 2017    
    • 4.2. Strategic Development    
      • 4.2.1. Acquisitions & Mergers    
      • 4.2.2. New Product Launch    
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
  •  
  • Chapter 5. Global Industrial Internet of Things (IIoT) Market – Component Segment Analysis
    • 5.1. Global Industrial Internet of Things (IIoT) Market: Component Overview
      • 5.1.1. Global Industrial Internet of Things (IIoT) Market Revenue Share, by Component, 2017 and 2023
    • 5.2. Sensors
      • 5.2.1. Global Industrial Internet of Things (IIoT) Market by Sensors, 2015-2023 (USD Billion)
    • 5.3. Industrial Robotics
      • 5.3.1. Global Industrial Internet of Things (IIoT) Market by Industrial Robotics, 2015-2023 (USD Billion)
    • 5.4. Distributed Control System (DCS)
      • 5.4.1. Global Industrial Internet of Things (IIoT) Market by Distributed Control System (DCS), 2015-2023 (USD Billion)
    • 5.5. Condition Monitoring
      • 5.5.1. Global Industrial Internet of Things (IIoT) Market by Condition Monitoring, 2015-2023 (USD Billion)
    • 5.6. Camera Systems
      • 5.6.1. Global Industrial Internet of Things (IIoT) Market by Camera Systems, 2015-2023 (USD Billion)
    • 5.7. Smart Meters
      • 5.7.1. Global Industrial Internet of Things (IIoT) Market by Smart Meters, 2015-2023 (USD Billion)
    • 5.8. Others
      • 5.8.1. Global Industrial Internet of Things (IIoT) Market by Other Components, 2015-2023 (USD Billion)
  •  
  • Chapter 6. Global Industrial Internet of Things (IIoT) Market – Software Segment Analysis
    • 6.1. Global Industrial Internet of Things (IIoT) Market: Software Overview
      • 6.1.1. Global Industrial Internet of Things (IIoT) Market Revenue Share, by Software, 2017 and 2023
    • 6.2. Product Lifecycle Management (PLM) Systems
      • 6.2.1. Global Industrial Internet of Things (IIoT) Market by Product Lifecycle Management (PLM) Systems, 2015-2023 (USD Billion)
    • 6.3. Manufacturing Execution System (MES)
      • 6.3.1. Global Industrial Internet of Things (IIoT) Market by Manufacturing Execution System (MES), 2015-2023 (USD Billion)
    • 6.4. SCADA Systems
      • 6.4.1. Global Industrial Internet of Things (IIoT) Market by SCADA Systems, 2015-2023 (USD Billion)
    • 6.5. Distribution Management System
      • 6.5.1. Global Industrial Internet of Things (IIoT) Market by Distribution Management System, 2015-2023 (USD Billion)
    • 6.6. Others
      • 6.6.1. Global Industrial Internet of Things (IIoT) Market by Other Software, 2015-2023 (USD Billion)
  •  
  • Chapter 7. Global Industrial Internet of Things (IIoT) Market – Vertical Segment Analysis
    • 7.1. Global Industrial Internet of Things (IIoT) Market: Vertical Overview
      • 7.1.1. Global Industrial Internet of Things (IIoT) Market Revenue Share, by Vertical, 2017 and 2023
    • 7.2. Manufacturing
      • 7.2.1. Global Industrial Internet of Things (IIoT) Market for Manufacturing, 2015-2023 (USD Billion)
    • 7.3. Utilities
      • 7.3.1. Global Industrial Internet of Things (IIoT) Market for Utilities, 2015-2023 (USD Billion)
    • 7.4. Oil & Gas
      • 7.4.1. Global Industrial Internet of Things (IIoT) Market for Oil & Gas, 2015-2023 (USD Billion)
    • 7.5. Metals & Mining
      • 7.5.1. Global Industrial Internet of Things (IIoT) Market for Metals & Mining, 2015-2023 (USD Billion)
    • 7.6. Retail
      • 7.6.1. Global Industrial Internet of Things (IIoT) Market for Retail, 2015-2023 (USD Billion)
    • 7.7. Healthcare
      • 7.7.1. Global Industrial Internet of Things (IIoT) Market for Healthcare, 2015-2023 (USD Billion)
    • 7.8. Transportation & Logistics
      • 7.8.1. Global Industrial Internet of Things (IIoT) Market for Transportation & Logistics, 2015-2023 (USD Billion)
    • 7.9. Others
      • 7.9.1. Global Industrial Internet of Things (IIoT) Market for Other Verticals, 2015-2023 (USD Billion)
  •  
  • Chapter 8. Global Industrial Internet of Things (IIoT) Market – Regional Segment Analysis
    • 8.1. Global Industrial Internet of Things (IIoT) Market: Regional Overview
      • 8.1.1. Global Industrial Internet of Things (IIoT) Market Revenue Share, by Region, 2017 and 2023
    • 8.2. North America
      • 8.2.1. North America Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
      • 8.2.2. North America Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
      • 8.2.3. North America Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
      • 8.2.4. North America Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.2.5. The U.S. 
        • 8.2.5.1. U.S. Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.2.5.2. U.S. Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.2.5.3. U.S. Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
      • 8.3.2. Europe Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
      • 8.3.3. Europe Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
      • 8.3.4. Europe Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.3.5. France
        • 8.3.5.1. France Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.3.5.2. France Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.3.5.3. France Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.3.6. UK
        • 8.3.6.1. UK Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.3.6.2. UK Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.3.6.3. UK Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.3.7.2. Germany Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.3.7.3. Germany Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
      • 8.4.2. Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
      • 8.4.3. Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
      • 8.4.4. Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.4.5. India
        • 8.4.5.1. India Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.4.5.2. India Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.4.5.3. India Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.4.6. China
        • 8.4.6.1. China Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.4.6.2. China Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.4.6.3. China Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.4.7. Japan
        • 8.4.7.1. Japan Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.4.7.2. Japan Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.4.7.3. Japan Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
      • 8.5.2. Latin America Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
      • 8.5.3. Latin America Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
      • 8.5.4. Latin America Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
        • 8.5.5.2. Brazil Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
        • 8.5.5.3. Brazil Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
    • 8.6. Middle East and Africa
      • 8.6.1. Middle East and Africa Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
      • 8.6.2. Middle East and Africa Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
      • 8.6.3. Middle East and Africa Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
      • 8.6.4. Middle East and Africa Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
  •  
  • Chapter 9. Company Profile 
    • 9.1. ARM Ltd.    
      • 9.1.1. Overview    
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio    
      • 9.1.4. Business Strategy    
      • 9.1.5. Recent Development    
    • 9.2. Cisco Systems, Inc.    
      • 9.2.1. Overview    
      • 9.2.2. Financials    
      • 9.2.3. Product Portfolio    
      • 9.2.4. Business Strategy    
      • 9.2.5. Recent Development    
    • 9.3. General Electric    
      • 9.3.1. Overview    
      • 9.3.2. Financials    
      • 9.3.3. Product Portfolio    
      • 9.3.4. Business Strategy    
      • 9.3.5. Recent Development    
    • 9.4. Intel Corporation    
      • 9.4.1. Overview    
      • 9.4.2. Financials    
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy    
      • 9.4.5. Recent Development    
    • 9.5. Rockwell Automation, Inc.
      • 9.5.1. Overview    
      • 9.5.2. Financial    
      • 9.5.3. Product Portfolio    
      • 9.5.4. Business Strategy    
      • 9.5.5. Recent Development    
    • 9.6. ABB    
      • 9.6.1. Overview    
      • 9.6.2. Financial    
      • 9.6.3. Product Portfolio    
      • 9.6.4. Business Strategy    
      • 9.6.5. Recent Development    
    • 9.7. Texas Instruments Inc.    
      • 9.7.1. Overview    
      • 9.7.2. Financial    
      • 9.7.3. Product Portfolio    
      • 9.7.4. Business Strategy    
      • 9.7.5. Recent Development
    • 9.8.  Dassault Systems    
      • 9.8.1. Overview    
      • 9.8.2. Financial    
      • 9.8.3. Product Portfolio    
      • 9.8.4. Business Strategy    
      • 9.8.5. Recent Development
    • 9.9. Honeywell International Inc.    
      • 9.9.1. Overview    
      • 9.9.2. Financial    
      • 9.9.3. Product Portfolio    
      • 9.9.4. Business Strategy    
      • 9.9.5. Recent Development
    • 9.10.  Huawei Technology Co., Ltd.
      • 9.10.1. Overview    
      • 9.10.2. Financial    
      • 9.10.3. Product Portfolio    
      • 9.10.4. Business Strategy    
      • 9.10.5. Recent Development

Table Of Figures

List of Figures 

1. Market Research Process
2. Market Research Methodology
3. Global Industrial Internet of Things (IIoT) Market, 2015-2023  (USD Billion)
4. Porter’s Five forces Analysis: Industrial Internet of Things (IIoT) Market 
5. Global Industrial Internet of Things (IIoT) Market Attractiveness, by Component
6. Global Industrial Internet of Things (IIoT) Market Attractiveness, by Software
7. Global Industrial Internet of Things (IIoT) Market Attractiveness, by Vertical
8. Global Industrial Internet of Things (IIoT) Market Attractiveness, by Region
9. Global Industrial Internet of Things (IIoT) Market Revenue Share, by Component, 2017 & 2023
10. Global Industrial Internet of Things (IIoT) Market by Sensors, 2015-2023  (USD Billion)
11.  Global Industrial Internet of Things (IIoT) Market by Industrial Robotics, 2015-2023  (USD Billion)
12.  Global Industrial Internet of Things (IIoT) Market by Distributed Control System (DCS), 2015-2023  (USD Billion)
13.  Global Industrial Internet of Things (IIoT) Market by Condition Monitoring, 2015-2023  (USD Billion)
14.  Global Industrial Internet of Things (IIoT) Market by Camera Systems, 2015-2023  (USD Billion)
15.  Global Industrial Internet of Things (IIoT) Market by Smart Meters, 2015-2023  (USD Billion)
16.  Global Industrial Internet of Things (IIoT) Market by Other Components, 2015-2023  (USD Billion)
17.  Global Industrial Internet of Things (IIoT) Market Revenue Share, by Software 2017 & 2023
18.  Global Industrial Internet of Things (IIoT) Market by Product Lifecycle Management (PLM) Systems, 2015-2023  (USD Billion)
19.  Global Industrial Internet of Things (IIoT) Market by Manufacturing Execution System (MES), 2015-2023  (USD Billion)
20.  Global Industrial Internet of Things (IIoT) Market by SCADA Systems, 2015-2023  (USD Billion)
21.  Global Industrial Internet of Things (IIoT) Market by Distribution Management System, 2015-2023  (USD Billion)
22.  Global Industrial Internet of Things (IIoT) Market by Other Software, 2015-2023  (USD Billion)
23.  Global Industrial Internet of Things (IIoT) Market Revenue Share, by Vertical 2017 & 2023
24.  Global Industrial Internet of Things (IIoT) Market for Manufacturing, 2015-2023 (USD Billion)
25.  Global Industrial Internet of Things (IIoT) Market for Utilities, 2015-2023 (USD Billion)
26.  Global Industrial Internet of Things (IIoT) Market for Oil & Gas, 2015-2023 (USD Billion)
27.  Global Industrial Internet of Things (IIoT) Market for Metals & Mining, 2015-2023 (USD Billion)
28.  Global Industrial Internet of Things (IIoT) Market for Retail, 2015-2023 (USD Billion)
29.  Global Industrial Internet of Things (IIoT) Market for Healthcare, 2015-2023 (USD Billion)
30.  Global Industrial Internet of Things (IIoT) Market for Transportation & Logistics, 2015-2023 (USD Billion)
31.  Global Industrial Internet of Things (IIoT) Market for Other Verticals, 2015-2023 (USD Billion)
32.  Global Industrial Internet of Things (IIoT) Market Revenue Share, by Region, 2017 & 2023
33.  North America Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
34.  Europe Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
35.  Asia Pacific Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)
36.  Latin America Industrial Internet of Things (IIoT) Market,2016-2022 (USD Billion)
37.  The Middle East & Africa Industrial Internet of Things (IIoT) Market, 2015-2023 (USD Billion)


Table Of Tables

List of Tables 

1. Industrial Internet of Things (IIoT) Market: Market Snapshot
2. Drivers of Global Industrial Internet of Things (IIoT) Market: Impact Analysis 
3. Restraints of Global Industrial Internet of Things (IIoT) Market: Impact Analysis  
4. North America Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
5.  North America Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
6. North America Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
7.  U.S. Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023  (USD Billion)
8.  U.S. Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023  (USD Billion)
9.  U.S. Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
10.  Europe Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
11.  Europe Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
12.  Europe Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
13.  France Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
14.  France Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
15.  France Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
16.  UK Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
17.  UK Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
18.  UK Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
19.  Germany Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
20.  Germany Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
21.  Germany Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023,  (USD Billion)
22.  Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
23.  Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
24.  Asia Pacific Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
25.  India Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
26.  India Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
27.  India Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
28.  China Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
29.  China Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
30.  China Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
31.  Japan Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
32.  Japan Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
33.  Japan Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
34.  Latin America Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
35.  Latin America Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
36.  Latin America Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)
37.  Brazil Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
38.  Brazil Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
39.  Brazil Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023(USD Billion)
40.  The Middle East & Africa Industrial Internet of Things (IIoT) Market Revenue, by Component, 2015-2023 (USD Billion)
41.  The Middle East & Africa Industrial Internet of Things (IIoT) Market Revenue, by Software, 2015-2023 (USD Billion)
42.  The Middle East & Africa Industrial Internet of Things (IIoT) Market Revenue, by Vertical, 2015-2023 (USD Billion)

Methodology

FrequentlyAsked Questions

Industrial Internet of Things (IIoT) Market size was worth around USD 341.72 Billion in 2023 and is predicted to grow to around USD 607.42 Billion by 2032

compound annual growth rate (CAGR) of roughly 6.60% between 2024 and 2032.

The largest share of the Industrial Internet of Things (IIoT) Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.

ARM Ltd., Cisco Systems, Inc., General Electric, Intel Corporation, Rockwell Automation, Inc., ABB, Texas Instruments Inc., Dassault Systems, Honeywell International Inc., and Huawei Technology Co., Ltd.

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