Growth of Industrial IoT Industry Analysis and 2021 Forecast


Posted November 8, 2017 by jayshree

MarketReportsOnline.com adds "Global Industrial IoT Market: Size, Trends & Forecasts (2017-2021)" report to its research store.

 
This research report “Global Industrial IoT Market: Size, Trends & Forecasts (2017-2021)”, provides analysis of the global Industrial IoT market, with detailed analysis of market size and growth, and segmentation of the industry.

Complete report on Industrial IoT Market available at http://www.marketreportsonline.com/691769.html.

The analysis includes the market by value, by segments and by region. The report also provides the analysis of the global Industrial IoT market of the EMEA, Germany and China regions.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Industrial IoT market has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

General Electric, Intel Corporation, Cisco Systems, Inc. and Honeywell International, Inc. are some of the key players operating in the global Industrial IoT market, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Country Coverage: EMEA, Germany & China

Company Coverage: General Electric, Intel Corporation, Cisco Systems & Honeywell International, Inc.

Order a copy of this “Global Industrial IoT Market: Size, Trends & Forecasts (2017-2021)” research report at USD 800 (Single User License) http://www.marketreportsonline.com/contacts/purchase.php?name=691769.

The Internet of Things is defined as the system of connected objects over an internet which is ready to gather and trade information utilizing embedded sensors. The Internet of Things (IoT) can broadly be classified on the basis of type of customer into two categories such as, Consumer Internet of Things (CIoT) and Industrial Internet of Things (IIoT).

The devices which services are focused on toward individual users or families are termed as Consumer IoT devices. The IoT is an interconnected system of intelligent computers, devices, and objects that are responsible for collecting and sharing huge amounts of data.

The application of IoT used in manufacturing industry is called the IIoT (or Industrial Internet or Industry 4.0). The various applications of industrial IoT are Manufacturing, Energy & Utilities, Automotive & Transportation and Healthcare.

The global Industrial IoT market is expected to increase at high growth rates during the forecasted period (2017-2021). The global Industrial IoT market is supported by various growth drivers surging demand of cobot, booming economic growth, rise of LPWA network technology, rising IOT platform, application and security spending, etc. and some challenges that hinder the market growth are complexity in implementation, lack of skills, safety and privacy of data concerns, intricacy in data management. The trends that boost the industrial IoT market in future are 5G New Radio (NR) technology, smart dust, virtual simulation of products, etc.

Few Points from List of Figures:

Figure 1: Categories of Internet of Things (IoT)
Figure 2: Applications of Consumer Internet of Things (CIoT)
Figure 3: Evolution of IIoT
Figure 4: Application of Industrial IoT
Figure 5: Advantages & Disadvantages of Industrial Internet of Things
Figure 6: Global Internet of Things (IoT) Market By Value; 2016-2021 (US$ Billion)
Figure 7: Global Internet of Things (IoT) Market by Segments; 2016 & 2021
Figure 8: Global Industrial IoT Market by Value; 2016-2021 (US$ Billion)
Figure 9: Global Industrial IoT Market by Segments; 2016
Figure 10: Global Industrial IoT Market by Region; 2016
Figure 11: Global Manufacturing IoT Market by Value; 2016-2021 (US$ Billion)
Figure 12: Global Energy & Utilities IoT Market by Value; 2016-2021 (US$ Billion)
Figure 13: Global Healthcare IoT Market by Value; 2016-2021 (US$ Billion)
Figure 14: Global Automotive & Transportation IoT Market by Value; 2016-2021 (US$ Billion)
Figure 15: EMEA Industrial IoT Market by Value; 2016-2021 (US$ Billion)

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Website Industrial IoT Market Global Industry Analysis, Trends, Share, Size and 2021 Forecasts
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Tags industrial iot , industrial iot industry , industrial iot market , internet of things , internet of things industry , internet of things market , iot market , marketreportsonline
Last Updated November 8, 2017