Opportunities in the industrial IoT market have evolved through a number of stages i.e. Lucintel has found the future of this market to be promising; the industrial IoT market is expected to reach $403.3 billion by 2027 with a CAGR of 20%. In this market, manufacturing is expected to remain the largest end use industry, and wireless segment is expected to remain the largest connectivity. Players can benefit from the available opportunities like growing urbanization, increasing internet penetration, and growing adoption of IoT in various industries in the region.
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PTC, SAP, Cisco, General Electric, Siemens, IBM, Intel Corporation, Huawei, and Microsoft are some of the companies profiled in this report.
Some of the features of this report:
- Market size estimates:Industrial IoT market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation analysis: Industrial IoT market size by end use industry, connectivity, component, and device and technology in terms of value and volume shipment.
- Regional analysis:Industrial IoT market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities:Analysis on growth opportunities in different end use industry, connectivity, component, device and technology, and region of industrial IoT in the industrial IoT market.
- Strategic analysis:This includes M&A, new product development, and competitive landscape of industrial IoT in the industrial IoT market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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