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Industrial IoT (IIoT) Market Size, Share Forecast Report 2025-2032

Industrial IoT (IIoT) Market By Component, By Application, By End-User, By Region, and By Country: Industry Size, Share Trends, Growth Analysis and Forecast, 2025-2032

Report ID: VMRC1253

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Published Date: Jan, 2025

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No Of Pages: 127

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Format : Industrial IoT (IIoT) Market Size, Share Forecast Report 2025-2032 Report Available in PDF, Excel, PPT and Excel

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Base Year: 2024

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Key Segments

  •  1. Global Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis, by Component Type
    1.1. Global Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Estimates and Forecasts, by Component Type, 2021 to 2032
    1.1.1. Hardware 
    1.1.1.1. Network & Connectivity Devices
    1.1.1.2. Sensors & Actuators
    1.1.1.3. RFID
    1.1.1.4. Robots
    1.1.1.5. Others (cameras, storage devices, etc.)
    1.1.2. Software & Platforms
    1.1.2.1. Application Management
    1.1.2.2. Connectivity Management
    1.1.2.3. Device Management
    1.1.3. Services
    1.1.3.1. Professional
    1.1.3.2. Managed
    1.1.4. Connectivity
    1.1.4.1. Wired
    1.1.4.2. Wireless
    2. Global Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis, by Application
    2.1. Global Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Estimates and Forecasts, by Application, 2021 to 2032
    2.1.1. Asset Tracking and Management
    2.1.2. Energy Management
    2.1.3. Environmental Monitoring
    2.1.4. Predictive Maintenance
    2.1.5. Process Optimization
    2.1.6. Quality Management
    2.1.7. Remote Monitoring & Control
    2.1. 1. Safety and Security Monitoring
    2.1.2. Supply Chain Optimization
    2.1.3. Others
    3. Global Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis, by End-User
    3.1. Global Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Estimates and Forecasts, by End-User, 2021 to 2032
    3.1.1. Aerospace & Defense
    3.1.2. Agriculture
    3.1.3. Energy & Power
    3.1.4. Healthcare
    3.1.5. Logistics & Transportation
    3.1.6. Manufacturing
    3.1.7. Metals & Mining
    3.1. 1. Oil & Gas
    3.1.2. Retail
    3.1.3. Others
    4. Global Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis, by Region
    4.1. Global Industrial Internet of Things (IIoT) Market Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 to 2032
    4.1.1. North America
    4.1.2. Europe
    4.1.3. Asia Pacific
    4.1.4. Middle East & Africa
    4.1.5. South America
    5. North America Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis
    5.1. North America Industrial Internet of Things (IIoT) Market Assessments & Key Findings
    5.1.1. North America Industrial Internet of Things (IIoT) Market Introduction
    5.1.2. North America Industrial Internet of Things (IIoT) Market Sizes and Forecast (US$ Billion) (2021 to 2032)
    5.1.2.1. By Component Type
    5.1.2.2. By Application
    5.1.2.3. By End-User
    5.1.2.4. By Country
    5.1.2.4.1. The U.S.
    5.1.2.4.2. Canada
    5.1.2.4.3. Mexico
    6. Europe Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis
    6.1. Europe Industrial Internet of Things (IIoT) Market Assessments & Key Findings
    6.1.1. Europe Industrial Internet of Things (IIoT) Market Introduction
    6.1.2. Europe Industrial Internet of Things (IIoT) Market Sizes and Forecast (US$ Billion) (2021 to 2032)
    6.1.2.1. By Component Type
    6.1.2.2. By Application
    6.1.2.3. By End-User
    6.1.2.4. By Country
    6.1.2.4.1. Germany
    6.1.2.4.2. U.K.
    6.1.2.4.3. France
    6.1.2.4.4. Italy
    6.1.2.4.5. Spain
    6.1.2.4.6. Rest of Europe
    7. Asia Pacific Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis
    7.1. Asia Pacific Market Assessments & Key Findings
    7.1.1. APAC Industrial Internet of Things (IIoT) Market Introduction
    7.1.2. APAC Industrial Internet of Things (IIoT) Market Sizes and Forecast (US$ Billion) (2021 to 2032)
    7.1.2.1. By Component Type
    7.1.2.2. By Application
    7.1.2.3. By End-User
    7.1.2.4. By Country
    7.1.2.4.1. China
    7.1.2.4.2. Japan
    7.1.2.4.3. India
    7.1.2.4.4. Australia
    7.1.2.4.5. South Korea
    7.1.2.4.6. ASEAN
    7.1.2.4.7. Rest of Asia Pacific
    8. Middle East & Africa Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis
    8.1. Middle East & Africa Market Assessments & Key Findings
    8.1.1. MEA Industrial Internet of Things (IIoT) Market Introduction
    8.1.2. MEA Industrial Internet of Things (IIoT) Market Sizes and Forecast (US$ Billion) (2021 to 2032)
    8.1.2.1. By Component Type
    8.1.2.2. By Application
    8.1.2.3. By End-User
    8.1.2.4. By Country
    8.1.2.4.1. U.A.E.
    8.1.2.4.2. Saudi Arabia
    8.1.2.4.3. Egypt
    8.1.2.4.4. South Africa
    8.1.2.4.5. Rest of Middle East & Africa
    9. South America Industrial Internet of Things (IIoT) Market Sizes & Forecast Trend Analysis
    9.1. South America Market Assessments & Key Findings
    9.1.1. South America Industrial Internet of Things (IIoT) Market Introduction
    9.1.2. South America Industrial Internet of Things (IIoT) Market Sizes and Forecast (US$ Billion) (2021 to 2032)
    9.1.2.1. By Component Type
    9.1.2.2. By Application
    9.1.2.3. By End-User
    9.1.2.4. By Country
    9.1.2.4.1. Brazil
    9.1.2.4.2. Argentina
    9.1.2.4.3. Colombia
    9.1.2.4.4. Rest of South America
    10. Competition Landscape
    10.1. Industrial Internet of Things (IIoT) Market Competition Index, By Leading Players
    10.2. Industrial Internet of Things (IIoT) Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
    10.3. Industrial Internet of Things (IIoT) Market Competition White Space Analysis, By Application / End-user
    10.4. Industrial Internet of Things (IIoT) Market Competition Heat Map Analysis, By Products / Services / Solutions
    10.5. Industrial Internet of Things (IIoT) Market Competition Regional Intensity Map Analysis, By Geographies Served
    10.6. Industrial Internet of Things (IIoT) Market Concentration & Company Market Shares (%) Analysis, 2024
    10.7. Industrial Internet of Things (IIoT) Market Competition Quadrant Analysis, By Leading Players / Innovators / Emerging Players / New Entrants
    1 1. Company Profiles
    ABB
    Accenture 
    Advantech 
    ARM
    AWS
    C3.ai
    Cisco 
    Dassault Systems
    Digi
    Emerson Electric
    FANUC 
    General Electric 
    Hitachi
    Honeywell 
    Huawei 
    IBM 
    Intel 
    Kuka 
    Microsoft 
    Mitsubishi Electric
    NEC Corporation
    NXP Semiconductors
    Omron
    Oracle 
    PTC
    Robert Bosch 
    Rockwell Automation
    SAP 
    Sasken Technologies 
    Schneider Electric 
    Siemens
    Software AG
    Tech Mahindra 
    Texas Instruments
    ZIH Corp.
    Others

FAQ'S

What is the global Industrial IoT (IIoT) market growth?

The global Industrial IoT (IIoT) market is expected to grow at a compound annual growth rate (CAGR) of around 24% from 2023 to 2030.

Which segment accounted for the largest global Industrial IoT (IIoT) market share?

North America held around 30% market share of the global Industrial IoT (IIoT) market in 2022. North America region has established a strong presence in the global Industrial IoT (IIoT) market. This can be attributed to the region's proactive approach in adopting and implementing IIoT technology across various industries. North America has been at the forefront of embracing IIoT and has emerged as a hub of innovation in this field.

Who are the key players in the Industrial IoT (IIoT) market?

Some of the key players operating in the Industrial IoT (IIoT) market include ABB, Accenture, Advantech, ARM, AWS (Amazon Web Services), C3.ai, Cisco Systems, Dassault Systems, Digi, Emerson Electric, FANUC, General Electric, Hitachi, Honeywell, Huawei, IBM, Intel, Kuka, Microsoft, Mitsubishi Electric, NEC Corporation, NXP Semiconductors, Omron, Oracle, PTC, Robert Bosch, Rockwell Automation, SAP, Sasken Technologies, Schneider Electric, Siemens, Software AG, Tech Mahindra, Texas Instruments, ZIH Corp., and Others.

How big is the global Industrial IoT (IIoT) market?

The global Industrial IoT (IIoT) market size in terms of revenue (total IIoT spending) was estimated to be around USD 300 Billion in 2022.

What are the factors driving the Industrial IoT (IIoT) market?

Some of the key factors driving the Industrial IoT (IIoT) market growth include the increasing demand for connected supply chains that enhance operational efficacy, flexibility, and regulatory compliance. The IIoT market is also benefiting from the availability of affordable sensors and processors enabling real-time access to information.

What are the key trends in the Industrial IoT (IIoT) market?

Some of the key trends identified in the Industrial IoT (IIoT) market include the implementation of cutting-edge technologies such as 5G and Edge Computing to enhance IIoT systems, leveraging AI and Digital Twinning for improved efficiency, prioritizing Advanced Cybersecurity measures, integrating Augmented Reality (AR) and Virtual Reality (VR) with IIoT systems for enhanced visualization, and deploying IIoT solutions to achieve Sustainability and Energy Efficiency targets.

Key Insights Delivered

Historical and Current Market Assessment

Market Outlook, Forecasts, and Growth Rates

Segments and Regional Forecasts for Market Intelligence

Competition Strategy and Company Market Shares Analysis

Customer Analysis and Purchase Pattern Analysis

Key Growth and Driving Factors

Key Opportunities in the Market

Products and Services Innovation Listing

Key Technological Trends & Timeline

Regulatory and Policy Analysis

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