Industrial Internet of Things (IIoT) Market
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<strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) <strong>Market</strong>: Overview<br />
This report by Transparency <strong>Market</strong> Research aims to provide a comprehensive<br />
strategic analysis <strong>of</strong> the global <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) market along<br />
with revenue and growth forecasts for the period from 2018 to 2026. The study<br />
provides an analysis <strong>of</strong> the growth trends across each <strong>of</strong> the segments over the<br />
period 2016–2026, with 2017 as the base year. The <strong>IIoT</strong> market study<br />
highlights various drivers, restraints, and opportunities expected to infuence<br />
the market’s growth during the said period.<br />
The study provides a complete perspective about <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong><br />
and its expansion throughout the research study in terms <strong>of</strong> value (US$ Mn)<br />
across geographies, segmented into North America, Asia Pacifc (APAC), South<br />
America, Middle East & Africa (MEA), and Europe. Moreover, the study explains<br />
the penetration <strong>of</strong> each market segment within various geographies and how<br />
these segments have accelerated the growth <strong>of</strong> the market.<br />
The market overview section <strong>of</strong> the report demonstrates market dynamics such<br />
as drivers, restraints, and opportunities that infuence the current nature and<br />
future status <strong>of</strong> this market, integration challenges, and opportunity for future<br />
growth <strong>of</strong> the market. Further, the study also includes IoT use case analysis by<br />
industry, Porter’s Five Forces, technology roadmap which provides industry<br />
evolution and technologies playing an important role in the industry, and value<br />
chain analysis <strong>of</strong> the <strong>Industrial</strong> IoT market.<br />
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Furthermore, the report contains a PESTLE analysis which elaborates on the<br />
environment <strong>of</strong> the market for each factor therein. <strong>Market</strong> attractiveness<br />
analysis has also been provided for every segmentation in the report, wherein<br />
the market segments, for instance hardware, s<strong>of</strong>tware, services, and signifcant<br />
end-users are benchmarked based on their market size, growth rate, and<br />
attractiveness in terms <strong>of</strong> opportunity. In order to give a complete analysis <strong>of</strong><br />
the overall competitive scenario in the <strong>IIoT</strong> market, every geographic region<br />
mentioned in the report is provided with attractiveness analysis. The market<br />
overview section also provides competitive scenario and trends for the market<br />
which includes market concentration rate, list <strong>of</strong> new entrants, mergers and<br />
acquisitions.<br />
Global <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) <strong>Market</strong>: Scope <strong>of</strong> the Report<br />
The study provides a decisive view <strong>of</strong> the global <strong>IIoT</strong> market by segmenting the<br />
market on the basis <strong>of</strong> component into hardware, s<strong>of</strong>tware, and services. The<br />
hardware segment is further bifurcated into sensors, connectivity devices and
others (data acquisitions devices, etc.), whereas the services segment is<br />
divided into system integration, consulting services, and support &<br />
maintenance services.<br />
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Based on end-use, the market can be categorized into aviation, oil & gas,<br />
transportation, power generation & utility, manufacturing, healthcare (medical<br />
devices), and others (mining, agriculture etc.).The report also highlights the<br />
competitive landscape <strong>of</strong> the market, positioning all the major players<br />
according to their presence in diferent regions <strong>of</strong> the world and recent key<br />
developments initiated by them in the <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> market.<br />
The comprehensive market estimates are a result <strong>of</strong> our in-depth secondary<br />
research, primary interviews, and in-house expert panel reviews. These market<br />
estimates have been analyzed by taking into account the impact <strong>of</strong> diferent<br />
political, social, economic, and technological factors along with the current<br />
market dynamics afecting the <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) market<br />
growth. The <strong>IIoT</strong> market report also includes strategies, fnancial information,<br />
key competitors, and SWOT analysis under the company pr<strong>of</strong>les section.<br />
Likewise, the report provides insights related to trends and their impact on the<br />
regional market.<br />
Global <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) <strong>Market</strong>: Research<br />
Methodology<br />
The research methodology is a perfect combination <strong>of</strong> primary research,<br />
secondary research, and expert panel reviews. For secondary research,sources<br />
such as annual reports, company websites, broker reports, fnancial reports,<br />
SEC flings and investor presentations, national government documents,<br />
internal and external proprietary databases, statistical databases, relevant<br />
patent and regulatory databases, market reports, government publications,<br />
statistical databases, World Bank database, and industry white papers are<br />
usually referred.<br />
Primary research involves telephonic interviews, e-mail interactions, and faceto-face<br />
interviews for detailed and unbiased reviews on the <strong>IIoT</strong> market, across<br />
geographies. Primary interviews are usually conducted on an ongoing basiswith<br />
industry experts and participants in order to get the latest market insights and<br />
validate the existing data and analysis and underlying assumptions. Moreover,<br />
the data collected and analyzed from secondary and primary research is again<br />
discussed and examined by our expert panel.
Global <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) <strong>Market</strong>: Competitive<br />
Dynamics<br />
The research study includes pr<strong>of</strong>les <strong>of</strong> select prominent companies operating<br />
in the global <strong>Industrial</strong> <strong>Internet</strong> <strong>of</strong> <strong>Things</strong> (<strong>IIoT</strong>) market. Players pr<strong>of</strong>led in the<br />
report include IBM Corporation, Intel Corporation, Schneider Electric SE,<br />
General Electric Company, Emerson Electric, ABB Ltd., Accenture PLC, Tech<br />
Mahindra Ltd., S<strong>of</strong>tweb Solutions Inc., Sasken Technologies Ltd., ZIH Corp.,<br />
Siemens AG, Robert Bosch GmbH, and NEC Corporation.