Industrial Internet of Things (IIoT) Market Analysis By Component (Solution, Services, Platform), By End-Use (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Logistics & Transport, Agriculture), And Segment Forecasts, 2014 - 2025

Published: Jun, 2019 | Pages: 161 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global industrial IoT market is expected to reach USD 933.62 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand and adoption of cloud computing, coupled with the Scalability of IPv6-3.4X 10^38 IP address, are presumed to drive the market over the forecast period.

Businesses, across the globe, are seeking new operating models to create a connected enterprise for merging operational and information departments of the industry. This transformation is predicted to increase the overall productivity, enhance operational efficiency, improve visibility, and reduce the complexities of different processes in the industry.

The ability of IoT to reduce costs has been the prime factor for its adoption in the industrial sector. However, several significant investment incentives, such as increased productivity, process automation, and time-to-market, have also been boosting this adoption. The falling prices of sensors have reduced the overall cost associated with data collection and analytics.

An emerging trend among enterprises worldwide is the transformation of technical focus to improving connectivity in order to undertake data collection with the right security measures in place and with improved connections to the cloud. The emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors are also driving IIoT market growth.

However, there are a few factors that are anticipated to limit the global IIoT growth. The major factors challenging the market growth are the lack of a defined protocol or standardization and use of old equipment. Security-related concerns, associated with big data, are also expected to limit the market growth.

Further key findings from the report suggest:

•	The global industrial IoT market size exceeded USD 100 billion in 2016 and is presumed to grow at a CAGR of over 25% from 2017 to 2025

•	Manufacturers are increasingly leveraging the benefits of IIoT solutions to enhance their analytics functionalities (through predictive maintenance), consolidate their control rooms, and track assets

•	The managed IIoT services segment is predicted to growth over the next eight years, as implementation of IoT technology requires integration of managed IIoT services at every layer of the IIoT ecosystem

•	The Asia Pacific regional market is anticipated to outgrow the North American market and emerge as the highest revenue-generating region, with China spearheading the growth, by the end of 2025

•	Large IT solutions & service providers are seeking IIoT platform, as a high-margin solution that generates a stable revenue stream via cloud-based revenue models

 Table of Contents

Chapter 1. Methodology and Scope
                 1.1. Research Methodology
                 1.2. Research Scope & Assumptions
                 1.3. List of Data Sources

Chapter 2. Executive Summary
                 2.1. Market Snapshot & Key Buying Criteria, 2014 - 2025

Chapter 3. Industrial IoT Industry Outlook
                 3.1. Market Segmentation & Scope
                 3.2. Market Size and Growth Prospects, 2014 - 2025
                 3.3. Value Chain Analysis
                 3.4. Market Dynamics
                     3.4.1. Market driver analysis
                     3.4.2. Market restraint analysis
                 3.5. Penetration & Growth Prospect Mapping
                 3.6. Industry Analysis - Porter's
                 3.7. Key Company Ranking Analysis, 2016
                 3.8. PEST Analysis

Chapter 4. Industrial IoT Component Estimates & Trend Analysis
                 4.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
                 4.2. Component Movement Analysis & Market Share, 2016 & 2025
                 4.3. Solution
                     4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.3.2. Remote monitoring
                         4.3.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.3.3. Data management
                         4.3.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.3.4. Analytics
                         4.3.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.3.5. Security solutions
                         4.3.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.3.6. Others
                         4.3.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 4.4. Services
                     4.4.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
                     4.4.2. Professional
                         4.4.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.4.3. Managed
                         4.4.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 4.5. Platform
                     4.5.1. Market size estimates & forecasts, 2014 - 2025 (USD Billion)
                     4.5.2. Connectivity management
                         4.5.2.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.5.3. Application management
                         4.5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                     4.5.4. Device management
                         4.5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 5. Industrial IoT End-Use Estimates & Trend Analysis
                 5.1. Market Size Estimates & Forecasts and Trend Analysis, 2014 - 2025 (USD Billion)
                 5.2. End-Use Movement Analysis & Market Share, 2016 & 2025
                 5.3. Manufacturing
                     5.3.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.4. Energy & Power
                     5.4.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.5. Oil & Gas
                     5.5.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.6. Healthcare
                     5.6.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.7. Logistics & Transport
                     5.7.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.8. Agriculture
                     5.8.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)
                 5.9. Others
                     5.9.1. Market size estimates and forecasts, 2014 - 2025 (USD Billion)

Chapter 6. Industrial IoT Regional Estimates & Trend Analysis
                 6.1. Regional Market Size Estimate & Forecast, 2014 - 2025 (USD Billion)
                 6.2. Regional Movement Analysis & Market Share, 2016 & 2025
                 6.3. North America
                     6.3.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                     6.3.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.3.3. U.S.
                         6.3.3.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.3.3.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.3.4. Canada
                         6.3.4.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.3.4.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                 6.4. Europe
                     6.4.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                     6.4.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.4.3. Germany
                         6.4.3.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.4.3.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.4.4. UK
                         6.4.4.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.4.4.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.4.5. France
                         6.4.5.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.4.5.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                 6.5. Asia Pacific
                     6.5.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                     6.5.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.5.3. China
                         6.5.3.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.5.3.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.5.4. Japan
                         6.5.4.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.5.4.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.5.5. India
                         6.5.5.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.5.5.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.5.6. South Korea
                         6.5.6.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.5.6.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                 6.6. Latin America
                     6.6.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                     6.6.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.6.3. Mexico
                         6.6.3.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.6.3.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                     6.6.4. Brazil
                         6.6.4.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                         6.6.4.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)
                 6.7. The Middle East & Africa (MEA)
                     6.7.1. Market size estimates and forecasts by component, 2014 - 2025 (USD Billion)
                     6.7.2. Market size estimates and forecasts by end-use, 2014 - 2025 (USD Billion)

Chapter 7. Competitive Landscape
                 7.1. ABB
                     7.1.1. Company overview
                     7.1.2. Financial performance
                     7.1.3. Product benchmarking 
                     7.1.4. Strategic initiatives
                 7.2. ARM Holding plc
                     7.2.1. Company overview
                     7.2.2. Financial performance
                     7.2.3. Product benchmarking 
                     7.2.4. Strategic initiatives
                 7.3. Atmel Corporation
                     7.3.1. Company overview
                     7.3.2. Financial performance
                     7.3.3. Product benchmarking 
                     7.3.4. Strategic initiatives
                 7.4. Cisco Systems, Inc.
                     7.4.1. Company overview
                     7.4.2. Financial performance
                     7.4.3. Product benchmarking 
                     7.4.4. Strategic initiatives
                 7.5. General Electric Company (GE)
                     7.5.1. Company overview
                     7.5.2. Financial performance
                     7.5.3. Product benchmarking 
                     7.5.4. Strategic initiatives
                 7.6. International Business Machines Corporation (IBM)
                     7.6.1. Company overview
                     7.6.2. Financial performance
                     7.6.3. Product benchmarking 
                     7.6.4. Strategic initiatives
                 7.7. Intel Corporation
                     7.7.1. Company overview
                     7.7.2. Financial performance
                     7.7.3. Product benchmarking
                     7.7.4. Strategic initiatives
                 7.8. Rockwell Automation, Inc.
                     7.8.1. Company overview
                     7.8.2. Financial performance
                     7.8.3. Product benchmarking
                     7.8.4. Strategic initiatives
                 7.9. Siemens AG
                     7.9.1. Company overview
                     7.9.2. Financial performance
                     7.9.3. Product benchmarking
                     7.9.4. Strategic initiatives
                 7.10. Microsoft Corporation
                     7.10.1. Company overview
                     7.10.2. Financial performance
                     7.10.3. Product benchmarking
                     7.10.4. Strategic initiatives

List of Tables

TABLE 1 Global industrial IoT - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global IIoT market size estimates & forecasts, 2014 - 2025 (USD Billion)
TABLE 3 Global IIoT market, by region, 2014 - 2025 (USD Billion)
TABLE 4 Global IIoT market, by component, 2014 - 2025 (USD Billion)
TABLE 5 Global IIoT market, by end-use, 2014 - 2025 (USD Billion)
TABLE 6 Key market driver impact
TABLE 7 Key market restraint impact
TABLE 8 Global IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 9 Global remote monitoring IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 10 Global data management IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 11 Global analytics IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 12 Global security IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 13 Global other IIoT solution market by region, 2014 - 2025 (USD Billion)
TABLE 14 Global IIoT services market by region, 2014 - 2025 (USD Billion)
TABLE 15 Global professional IIoT services market by region, 2014 - 2025 (USD Billion)
TABLE 16 Global managed IIoT services market by region, 2014 - 2025 (USD Billion)
TABLE 17 Global IIoT platform market by region, 2014 - 2025 (USD Billion)
TABLE 18 Global IIoT connectivity management market by region, 2014 - 2025 (USD Billion)
TABLE 19 Global IIoT application management market by region, 2014 - 2025 (USD Billion)
TABLE 20 Global IIoT device management market by region, 2014 - 2025 (USD Billion)
TABLE 21 Global manufacturing IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 22 Global energy & power IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 23 Global oil & gas IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 24 Global healthcare IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 25 Global logistics & transport IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 26 Global agriculture IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 27 Global other end-use IIoT market by region, 2014 - 2025 (USD Billion)
TABLE 28 North America IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 29 North America IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 30 U.S. IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 31 U.S. IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 32 Canada IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 33 Canada IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 34 Europe IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 35 Europe IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 36 Germany IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 37 Germany IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 38 UK IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 39 UK IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 40 France IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 41 France IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 42 Asia Pacific IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 43 Asia Pacific IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 44 China IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 45 China IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 46 Japan IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 47 Japan IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 48 India IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 49 India IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 50 South Korea IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 51 South Korea IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 52 Latin America IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 53 Latin America IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 54 Mexico IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 55 Mexico IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 56 Brazil IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 57 Brazil IIoT market by end-use, 2014 - 2025 (USD Billion)
TABLE 58 MEA IIoT market by component, 2014 - 2025 (USD Billion)
TABLE 59 MEA IIoT market by end-use, 2014 - 2025 (USD Billion)