Industrial IoT Market Overview 2020 To 2027, Future Trends And Forecast


Emergen Research’s new report, titled ‘Global Industrial IoT Market,’ is methodically curated by our team of analysts with readers’ comprehension in mind, and includes a comprehensive database of industry distribution. The report examines historical and current market scenarios in order to forecast the global Industrial IoT Market outlook over the forecast period (2020-2027). Researchers took a comprehensive approach to global market analysis, highlighting the factors that influence the market’s overall growth. The research employs effective analytical tools such as SWOT analysis and Porter’s Five Forces to examine the strengths, weaknesses, opportunities, and threats associated with the growth of various market segments.

According to a recent estimate by Emergen Research, the worldwide Industrial IoT market would be worth USD 128.09 billion by 2027. This market’s expansion can be due to manufacturers and industrialists adopting Industrial IoT solutions at a faster rate. The rise of Industrial IoT technologies is anticipated to be fueled by the rising demand to increase productivity, improve worker safety, and lower operational and production costs during the course of the forecast period. The growing demand for Industrial IoT solutions is likely being driven by the growing desire to limit the risk of cyber and data breaches brought on by human error.

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Global Industrial IoT Market Highlights:

  • Regional demand estimation and forecast

  • Product Mix Matrix

  • R&D Analysis

  • Cost-Benefit Analysis

  • Pre-commodity pricing volatility

  • Supply chain optimization analysis

  • Technological updates analysis

  • Raw Material Sourcing Strategy

  • Competitive Analysis

  • Mergers & Acquisitions

  • Location Quotients Analysis

  • Carbon Footprint Analysis

  • Patent Analysis

  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Industrial IoT market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Industrial IoT market and pinpoint the fundamental growth trends.  

Key Companies Profiled in the Report are:

GE, Intel, Cisco, IBM, Siemens, Honeywell, Rockwell Automation, Texas Instruments, ABB, Kuka

Key Parameters Analyzed in This Section:

  • Company Profiles

  • Gross Revenue

  • Profit margins

  • Product sales trends

  • Product pricing

  • Industry Analysis

  • Sales & distribution channels

Regional Segmentation:

  • North America

  • Latin America

  • Europe

  • Middle East & Africa

  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution

  • Estimated revenue generation

  • Vital data and information about the consumption rate in all the leading regional segments

  • An expected rise in market share

  • Forecast growth in the overall consumption rate

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Some Key Highlights from the Report

  • In June 2020, Wipro Ltd and IBM collaborated to help enterprises, startups with cloud services. Through this collaboration, Wipro will develop hybrid cloud offerings to help businesses manage, migrate, and transform critical workloads and applications, with security across private or public cloud and on-premises IT environments. The partnership will also provide customers remote access to Red hat and IBM solutions.

  • The solution segment held the largest market share of 47.5% in 2019. Increasing investments of the Industrial IoT solution providers for the launch of technologically advanced information systems for the industrial sector is expected to drive the segment’s growth.

  • Logistics & Transport are forecasted to grow with the fastest CAGR of 9.3% over the forecast period. Increasing adoption of the Industrial IoT technologies in the logistics & Transportation sector is expected to drive the segment’s growth.

  • The Asia Pacific accounted for the largest market share of the Industrial IoT market in 2019. Increasing adoption of intelligent technologies and advanced factory automation in developing economies is expected to drive this region’s growth.

Market Overview:

The report bifurcates the Industrial IoT market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Services (Managed, Professional)

    • Solution (Analytics, Remote Monitoring, Security Solutions, Data Management)

    • Platform (Application Management, Connectivity Management, Device Management)

  • End-User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Energy & Power

    • Healthcare

    • Agriculture

    • Manufacturing

    • Oil & Gas

    • Logistics & Transport

    • Others

  • Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • North America

      1. U.S.

      2. Canada

    • Europe

      1. Germany

      2. UK

      3. France

      4. BENELUX

      5. Rest of Europe

    • Asia Pacific

      1. China

      2. Japan

      3. South Korea

      4. Rest of APAC

    • Latin America

      1. Brazil

      2. Rest of LATAM

    • MEA

      1. Saudi Arabia

      2. UAE

      3. Rest of MEA

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.

  • The report elaborates on the global Cobots market size and share governed by the major geographies.

  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

  • It further presents a detailed description of the company profiles of the key market contenders.

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