Global Industrial Internet of Things (IIoT) Market Growth Focusing on Trends & Innovations During the Period Until 2026

The global Industrial Internet of things market is anticipated to expand at a CAGR of 24.3% during the forecast period (2018-2026) and is expected to reach US$ 991,562.0 Mn by 2026.


Albany, NY -- (SBWIRE) -- 06/25/2018 -- To Understand the Industrial Internet of Things (IIoT) Market Industry Status worldwide, MRRSE has included the latest Forecast report titled "Global Industrial Internet of Things (IIoT) Market Growth Focusing on Trends & Innovations during the Period Until 2026", to its vast database. This study offers data about the prime regions operating in the Industrial Internet of Things (IIoT) Market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2026.

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This report by MRRSE aims to provide a comprehensive strategic analysis of the global Industrial Internet of Things (IIoT) market along with revenue and growth forecasts for the period from 2018 to 2026. The study provides an analysis of the growth trends across each of the segments over the period 2016–2026, with 2017 as the base year. The IIoT market study highlights various drivers, restraints, and opportunities expected to influence the market's growth during the said period.

The study provides a complete perspective about Industrial Internet of Things and its expansion throughout the research study in terms of value (US$ Mn) across geographies, segmented into North America, Asia Pacific (APAC), South America, Middle East & Africa (MEA), and Europe. Moreover, the study explains the penetration of each market segment within various geographies and how these segments have accelerated the growth of the market.

The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that influence the current nature and future status of this market, integration challenges, and opportunity for future growth of the market. Further, the study also includes IoT use case analysis by industry, Porter's Five Forces, technology roadmap which provides industry evolution and technologies playing an important role in the industry, and value chain analysis of the Industrial IoT market. Furthermore, the report contains a PESTLE analysis which elaborates on the environment of the market for each factor therein. Market attractiveness analysis has also been provided for every segmentation in the report, wherein the market segments, for instance hardware, software, services, and significant end-users are benchmarked based on their market size, growth rate, and attractiveness in terms of opportunity. In order to give a complete analysis of the overall competitive scenario in the IIoT market, every geographic region mentioned in the report is provided with attractiveness analysis. The market overview section also provides competitive scenario and trends for the market which includes market concentration rate, list of new entrants, mergers and acquisitions.

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Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the IIoT market, across geographies. Primary interviews are usually conducted on an ongoing basiswith industry experts and participants in order to get the latest market insights and validate the existing data and analysis and underlying assumptions. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

Global Industrial Internet of Things (IIoT) Market: Competitive Dynamics

The research study includes profiles of select prominent companies operating in the global Industrial Internet of Things (IIoT) market. Players profiled in the report include IBM Corporation, Intel Corporation, Schneider Electric SE, General Electric Company, Emerson Electric, ABB Ltd., Accenture PLC, Tech Mahindra Ltd., Softweb Solutions Inc., Sasken Technologies Ltd., ZIH Corp., Siemens AG, Robert Bosch GmbH, and NEC Corporation.

The global Industrial Internet of Things (IIoT) market is segmented as below:

Global Industrial Internet of Things (IIoT) Market, by Component



Connectivity devices

Others (Data Acquisition Devices,etc.)



System Integration

Consulting Services

Support and Maintenance Services

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The study provides a decisive view of the global IIoT market by segmenting the market on the basis of component into hardware, software, and services. The hardware segment is further bifurcated into sensors, connectivity devices and others (data acquisitions devices, etc.), whereas the services segment is divided into system integration, consulting services, and support & maintenance services.

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