The Industrial IoT Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Industrial IoT market. The report offers in-depth research and assessment of the key elements of the global Industrial IoT market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Industrial IoT market.

The global Industrial IoT Market will be worth USD 128.09 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of the Industrial IoT solutions by industrialists and manufacturers. The growing need to improve productivity, enhance the workers' safety, and reduce the operating and manufacturing costs is expected to drive the growth of the Industrial IoT technologies over the forecast period. The rising need to reduce the risk of cyber and data breaches caused by human errors is most likely to fuel the demand for Industrial IoT technologies.  

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Key insights presented in the report:

• Market revenue shares by major business players, by type, by application, and market scope of global Industrial IoT market
• Sales revenue by key players and new entrants
• Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
• Recent mergers, acquisitions, product launches, recent investments, and joint ventures
• Regional analysis to provide insight into recent trends and opportunities

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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others.

The key players profiled in the report are:

GE, Intel, Cisco, IBM, Siemens, Honeywell, Rockwell Automation, Texas Instruments, ABB, Kuka

Key Questions Answered in the Report:

• What will be the estimated growth rate of the Industrial IoT market by 2027?
• Who are the prominent distributors, vendors, and manufacturers of the market?
• What are the driving and restraining factors of the growth of the Industrial IoT market throughout the forecast period?
• What are the current and future market trends of the Industrial IoT market?
• What are the sales and price analysis of the product by types, applications, and regions?
• What are the expected opportunities for the companies and new entrants in the coming years?

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Some Key Highlights:

• In June 2020, Wipro Ltd and IBM collaborated to help enterprises, startups with cloud services. Through this collaboration, Wipro will develop hybrid cloud offerings to help businesses manage, migrate, and transform critical workloads and applications, with security across private or public cloud and on-premises IT environments. The partnership will also provide customers remote access to Red hat and IBM solutions.
• The solution segment held the largest market share of 47.5% in 2019. Increasing investments of the Industrial IoT solution providers for the launch of technologically advanced information systems for the industrial sector is expected to drive the segment's growth.
• Logistics & Transport are forecasted to grow with the fastest CAGR of 9.3% over the forecast period. Increasing adoption of the Industrial IoT technologies in the logistics & Transportation sector is expected to drive the segment's growth.
• The Asia Pacific accounted for the largest market share of the Industrial IoT market in 2019. Increasing adoption of intelligent technologies and advanced factory automation in developing economies is expected to drive this region's growth.

Market Overview:

The report bifurcates the Industrial IoT market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Services (Managed, Professional)
  • Solution (Analytics, Remote Monitoring, Security Solutions, Data Management)
  • Platform (Application Management, Connectivity Management, Device Management)

• End-User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Energy & Power
  • Healthcare
  • Agriculture
  • Manufacturing
  • Oil & Gas
  • Logistics & Transport
  • Others

• Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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