IIoT Platform Market is anticipated to grow from 6.89 billion in 2022 to 20.78 billion by 2030.
In order to support businesses and industries in their operations, the Industrial Internet of Things is frequently focused on machine-to-machine connectivity, big data, and ML. Robotics, software-defined manufacturing processes, and medical gadgets are a few examples of industrial applications made possible by the industrial internet of things. The industrial internet of things aids in providing, exchanging, watching, analysing, and providing priceless new insights.
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Segmentation:
On the basis of setup type, the global IIoT Platform market is segmented into platform- application management, connectivity and network management, device management, services- professional services, consulting and training, system design and implementation, support and maintenance, IoT device optimization, managed services, and others. The platform application management segment is anticipated to witness a fastest growth owing to a rising deployment of application platforms in industries.
On the basis of implementation model, the global IIoT Platform market is segmented into assets management, supply chain and management, business process optimization, workforce management, automation control, emergency and incident management, and others.
On the basis of industry, the global IIoT Platform market is segmented into process industry- energy and utilities, chemical and materials, food and beverages, others.
Geography:
On the basis of region, the global IIoT Platform market is segmented into North America, Middle East & Africa, Europe, Asia Pacific, and South America. North America is projected to capture a substantial revenue share in the global IIoT Platform market over 2022-2030. The growth is attributable to the existence of multiple tech giants and the early adoption of the new technology in regions of US, Canada, and Mexico.
Company Profiles:
The key market players in the global IIoT platform market are SOFTWARE AG, SIEMENS AG, PTC, IBM Corporation, Oracle Corporation, Cisco Systems Inc., Hitachi Ltd., Microsoft Corporation, SAP SE, Intel Corporation, ATOS, AMAZON WEB SERVICES (AWS), BOSCH.IO, SCHNEIDER ELECTRIC, DAVRA, EUROTECH, and others.
Reasons to Purchase this Report
- Market segmentation based on qualitative and quantitative analysis, taking into account both economic and non-economic aspects.
- Data on market value (in US dollars) for each section and sub-segment
- Identifies the area and market segment anticipated to experience the quickest growth and hold the majority of the market.
- Analysis by geography showcasing product/service usage in the region and highlighting the market dynamics affecting each region.
- A competitive landscape that takes into account recent service/product launches, collaborations, company expansions, and acquisitions by the companies profiled, as well as the market share of the leading players.
- Comprehensive company profiles for the top players in the industry, including business overviews, corporate insights, product benchmarking, and SWOT analyses
- The industry’s future market forecast in light of recent changes, including growth possibilities, drivers of growth, and obstacles present in both developing and emerging economies.
- Comprises a thorough examination of the market from a number of angles using Porter’s Five Forces analysis.
- Offers market knowledge across the Value Chain
- The current market dynamics scenario and future market expansion prospects
- Post-sales analyst assistance for six months
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Key Questions Answered in This Report:
- How has the global Market performed so far and how will it perform in the coming years?
- What are the key regional Markets?
- What has been the impact of COVID-19 on the global Market?
- What is the breakup of the Market based on the type?
- What is the breakup of the Market based on the application?
- What is the breakup of the Market based on the manufacturing process?
- What is the breakup of the Market based on the price range?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Market and who are the key players?
- What is the degree of competition in the industry?
