Global Industrial Internet-of-Things Market 2016-2020

About IIOT

The use of IoT in manufacturing industries is called IIoT. It involves the integration of machinery with a network of software and sensors. IIoT plays a major role in improving profitability by reducing human intervention and eliminating risks associated with machine failures.
The IIoT provides better insight regarding equipment used by companies, combining machines with analytics. IoT with asset performance management software can provide details regarding the importance of each piece of equipment to avoid failures. It helps reduce downtime and improve efficiency. It also provides a clear picture of effective equipment maintenance that helps optimize maintenance schedules and cycles.
Major Fields of operation of the IIoT include:
Factory automation
Robotics
Industrial heating, ventilation, and air conditioning (HVAC)
Security systems
Medical systems
Supply chain
Analytics

Technavios analysts forecast the global IIoT market to grow at a CAGR of 7.3% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global IIoT market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of IIoT software and services

The market is divided into the following segments based on Geography:
APAC
ROW
Europe
North America


Technavios report, Global IIOT Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cisco
GE
IBM
Intel
Rockwell Automation
RTI

Other prominent vendors
Accenture
ARM Holdings
AT&T
Broadcom
Google
Honeywell
Huawei
Robert Bosch
Siemens
Zebra Technologies

Market driver
Increased data generation using IIoT
For a full, detailed list, view our report

Market challenge
Complexity in data storage
For a full, detailed list, view our report

Market trend
Shift from IPv4 to IPv6
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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