U.S (New York)– Report Ocean is the ultimate intelligence source on “Global Industrial IoT Market“. Our report analyzes the market’s response to recent disruptions like the Russia-Ukraine war and Covid-19, offering qualitative insights through frameworks like Porters’ and PESTLE analysis, SOWT analysis. With detailed segmentation and market size data across categories, product types, applications, and geographies, our report covers key issues, trends, drivers, restraints, challenges, competitive landscape, and recent events such as M&A activities’
Global industrial IoT market will reach $205.7 billion by 2030, growing by 10.8% annually over 2020-2030 driven by extensive government support in encouraging digitalization across the industrial sector, rise in adoption of industrial IoT devices, and growing incorporation of advanced technologies such as cloud computing platforms and AI.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on Information & Communications Technology industries. resulting in a large market for Global Industrial IoT Market.
Highlighted with 63 tables and 94 figures, this 188-page report “Global Industrial IoT Market 2020-2030 by Offering (Hardware, Software, Services, Connectivity), Technology, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global industrial IoT market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
– Market Structure
– Growth Drivers
– Restraints and Challenges
– Emerging Product Trends & Market Opportunities
– Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify industrial IoT market in every aspect of the classification from perspectives of Offering, Technology, Application, Industry Vertical, and Region.
Key Players (this may not be a complete list and extra companies can be added upon request):
ABB Ltd.
A.P Moller-Maersk A/S
Accenture plc
AT&T INC.
CATERPILLAR INC.
Cisco Systems Inc.
FANUC CORPORATION
GE Digital
HCL Technologies Limited
Hitachi Vantara Corporation
IBM
Intel Corporation
KUKA AG
MAVERICK Technologies, LLC.
ORANGE
PTC Inc.
Robert Bosch GmbH
Rockwell Automation, Inc.
Siemens AG
Tata Communications
Telia Company
Verizon Communications Inc.
Vodafone Group Plc
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Based on Offering
– Hardware
– Software & Solutions
– Services
o Professional Services
o Managed Services
– Connectivity
o Wired Technology
o Wireless Technology
o Field Technologies
Based on Technology
– Sensors
– Camera
– Distributed Control Systems
– Industrial Robotics
– Condition Monitoring
– RFID
– Yield Monitor
– GPS/GNSS
– Other Technologies
Based on Application
– Data Management Solutions for Analytics
– Smart Robotics
– Distribution Management System
– Manufacturing Execution System (MES)
– Asset and Resource Optimization
– Product Lifecycle Management
– Remote Monitoring
– Retail Management System
– Predictive Maintenance
– Other Applications
Based on Industry Vertical
– Manufacturing Industry
– Automotive & Transportation
– Energy and Utilities
– Healthcare
– Oil & Gas
– Agriculture
– Metal and Mining
– Retail Industry
– Other Industry Verticals
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Geographically
– APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
– Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
– North America (U.S., Canada, and Mexico)
– South America (Brazil, Chile, Argentina, Rest of South America)
– MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global industrial IoT market are assayed quantitatively and qualitatively through Report OceanRisk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Study Objectives:
- Conduct SWOT analysis to assess market competition among global manufacturers.
- Define, describe, and forecast the market by type, application, and region.
- Evaluate global and regional market potential, advantages, opportunities, challenges, constraints, and risks.
- Determine the driving and limiting factors for market growth.
- Identify high-growth categories for stakeholder analysis of market potential.
- Analyze growth trends and market contribution of each submarket strategically.
- Examine competitive developments such as expansions, agreements, new product launches, and acquisitions.
- Create detailed growth profiles of key players and analyze their expansion plans.
Research Methodology:
- Outline research goals, questions, and hypotheses.
- Describe the research design, approach, data collection methods, and sampling strategy.
- Explain data collection procedures, including primary and secondary sources, instruments, and cleaning processes.
- Discuss data analysis methods, such as statistical tests and qualitative coding.
- Address study limitations, biases, sources of error, and data constraints.
- Consider ethical considerations, including informed consent, participant confidentiality, and minimizing harm.
Report Scope:
- Provide comprehensive market segmentation and revenue approximations across verticals and regions.
- Highlight key market drivers, restraints, challenges, and opportunities for stakeholders.
- Improve stakeholders’ understanding of competitors and enhance their business position.
- Include competitor ecosystem, new product development, agreements, and acquisitions in the competitive landscape section.
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