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Industrial Internet of Things (IoT) Market, Global Outlook and Forecast 2024-2030

Industrial Internet of Things (IoT) Market, Global Outlook and Forecast 2024-2030

  • Published on : 19 January 2024
  • Pages :112
  • Report Code:SMR-7887465

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Report overview

The Global Industrial Internet of Things (IoT) Market was valued at US$ 925.2 million in 2023 and is projected to reach US$ 1196 million by 2030, at a CAGR of 3.7% during the forecast period.

The USA market for Global Industrial Internet of Things (IoT) market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Industrial Internet of Things (IoT) market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Industrial Internet of Things (IoT) market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

This research report provides a comprehensive analysis of the Industrial Internet of Things (IoT) market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Industrial Internet of Things (IoT) market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Industrial Internet of Things (IoT), challenges faced by the industry, and potential opportunities for market players.
The global Industrial Internet of Things (IoT) market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Industrial Internet of Things (IoT) market presents opportunities for various stakeholders, including Manufacturing, Energy & Power. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Industrial Internet of Things (IoT) market. Additionally, the growing consumer demand present avenues for market expansion.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Key Features:
The research report on the Industrial Internet of Things (IoT) market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Industrial Internet of Things (IoT) market.
Market Overview: The report provides a comprehensive overview of the Industrial Internet of Things (IoT) market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Hardware, Sensor), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Industrial Internet of Things (IoT) market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Industrial Internet of Things (IoT) market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Industrial Internet of Things (IoT) market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Industrial Internet of Things (IoT) market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Industrial Internet of Things (IoT) market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Industrial Internet of Things (IoT) market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Industrial Internet of Things (IoT), including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Industrial Internet of Things (IoT) market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Industrial Internet of Things (IoT) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Major Players Covered
  • IBM
  • Intel
  • Schneider
  • General Electric
  • Emerson
  • ABB
  • Accenture PLC
  • Tech Mahindra
  • Softweb Solutions
  • Sasken Technologies
  • ZIH Corp
  • Siemens
  • Robert Bosch
  • NEC

Market Segment By Type

  • Hardware
  • Sensor
  • Software and Service
Market Segment By Application
  • Manufacturing
  • Energy & Power
  • Oil & Gas
  • Healthcare
  • Logistics & Transport
  • Agriculture
  • Others
Global Industrial Internet of Things (IoT) Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Internet of Things (IoT), market overview.
Chapter 2: Global Industrial Internet of Things (IoT) market size in revenue.
Chapter 3: Detailed analysis of Industrial Internet of Things (IoT) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Internet of Things (IoT) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.