Industrial Internet of Things Market by Component and Application - Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4580527
  • Report
  • 140 pages
  • Allied Analytics LLP
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The industrial Internet of Things (IIoT) is a part of the large IoT network that is linked to intelligent devices, computers, and objects, which helps collect and share enormous amount of data. IIoT aids to greatly improve the efficiency, connectivity, scalability, cost, and time savings. Further, predictive maintenance, improved safety, and other operational efficiencies of IIoT has benefitted the industrial organizations. The IIoT network enables these organizations to connect to their workers, data, and processes from factories to the executive offices. This helps in better decision making for the organization as a whole.

The IIoT is broadly considered as one of the primary trends that affects the industrial businesses. The industries are pushing to modernize the systems and equipment to meet the new regulations and for dealing with the disruptive technologies.

The global IIoT market is segmented by component, application, and region. Based on components, the market is sub-divided into hardware, software, services, and connectivity. Further, manufacturing, energy & power, oil & gas, healthcare, transportation & logistics, and others are the applications of IIoT. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the significant players that operate in the market and are profiled in the report include Cisco Systems, Inc., General Electric, Intel Corporation, Rockwell Automation, Inc., ABB, Texas Instruments Inc., Dassault Systèmes, Honeywell International Inc., Huawei Technology Co., Ltd., and International Business Machines Corporation (IBM).

KEY BENEFITS FOR STAKEHOLDERS

This study includes the analytical depiction of the IIoT market along with current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities.
The current market is quantitatively analyzed from 2016 to 2023 to highlight the financial competency of the industry.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the IIoT industry.

KEY MARKET SEGMENTS

BY COMPONENT

Hardware
Software
Services
Connectivity

BY APPLICATION

Manufacturing
Energy & Power
Oil & Gas
Healthcare
Transportation & Logistics
Others

BY REGION

North America
Europe
Asia-Pacific
LAMEA
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CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.3.1. Competitive intelligence and strategies of companies
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Low-to-moderate threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. MARKET SHARE ANALYSIS (2016)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Advancement in technologies
3.5.1.2. Low operational cost
3.5.1.3. Rising adoption of IoT
3.5.2. Restraint
3.5.2.1. Inadequate IT infrastructure
3.5.3. Opportunity
3.5.3.1. Surge in predictive maintenance
3.5.3.2. Growth in adoption of cloud-based deployment model

CHAPTER 4: IIOT MARKET, BY COMPONENT
4.1. OVERVIEW
4.2. HARDWARE
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. SOFTWARE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. SERVICES
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. CONNECTIVITY
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

CHAPTER 5: IIOT MARKET, BY APPLICATION
5.1. OVERVIEW
5.2. MANUFACTURING
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. ENERGY & POWER
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. OIL & GAS
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. HEALTHCARE
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. TRANSPORTATION & LOGISTICS
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
5.7. OTHERS
5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country

CHAPTER 6: IIOT MARKET BY GEOGRAPHY
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends and opportunities
6.2.2. Market size and forecast by component
6.2.3. Market size and forecast by application
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by component
6.2.4.1.2. Market size and forecast, by application
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by component
6.2.4.2.2. Market size and forecast, by application
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by component
6.2.4.3.2. Market size and forecast, by application
6.3. EUROPE
6.3.1. Key market trends and opportunities
6.3.2. Market size and forecast by component
6.3.3. Market size and forecast by application
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by component
6.3.4.1.2. Market size and forecast, by application
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by component
6.3.4.2.2. Market size and forecast, by application
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by component
6.3.4.3.2. Market size and forecast, by application
6.3.4.4. Rest of Europe
6.3.4.4.1. Market size and forecast, by component
6.3.4.4.2. Market size and forecast, by application
6.4. ASIA-PACIFIC
6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast by component
6.4.3. Market size and forecast by application
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by component
6.4.4.1.2. Market size and forecast, by application
6.4.4.2. India
6.4.4.2.1. Market size and forecast, by component
6.4.4.2.2. Market size and forecast, by application
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast, by component
6.4.4.3.2. Market size and forecast, by application
6.4.4.4. Rest of Asia-Pacific
6.4.4.4.1. Market size and forecast, by component
6.4.4.4.2. Market size and forecast, by application
6.5. LAMEA
6.5.1. Key market trends and opportunities
6.5.2. Market size and forecast by component
6.5.3. Market size and forecast by application
6.5.4. Market analysis by sub-region
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by component
6.5.4.1.2. Market size and forecast, by application
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by component
6.5.4.2.2. Market size and forecast, by application
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by component
6.5.4.3.2. Market size and forecast, by application

CHAPTER 7: COMPANY PROFILES
7.1. CISCO SYSTEMS, INC.
7.1.1. Company overview
7.1.2. Company Snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves & developments
7.2. GENERAL ELECTRIC
7.2.1. Company overview
7.2.2. Company Snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves & developments
7.3. INTEL CORPORATION
7.3.1. Company overview
7.3.2. Company Snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves & developments
7.4. ROCKWELL AUTOMATION, INC.
7.4.1. Company overview
7.4.2. Company Snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves & developments
7.5. ABB GROUP
7.5.1. Company overview
7.5.2. Company Snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves & developments
7.6. TEXAS INSTRUMENTS, INC.
7.6.1. Company overview
7.6.2. Company Snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves & developments
7.7. DASSAULT SYSTEMES
7.7.1. Company overview
7.7.2. Company Snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves & developments
7.8. HONEYWELL INTERNATIONAL, INC.
7.8.1. Company overview
7.8.2. Company Snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves & developments
7.9. HUAWEI TECHNOLOGY CO., LTD.,
7.9.1. Company overview
7.9.2. Company Snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves & developments
7.10. IBM CORPORATION
7.10.1. Company overview
7.10.2. Company Snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves & developments
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According to a recent report titled, Global Industrial Internet of Things (IIoT) Market by Component and Application: Opportunity Analysis and Industry Forecast, 2017-2023, the IIoT market size was valued at $115 billion in 2016, and is projected to reach at $197 billion by 2023, growing at a CAGR of 7.5% from 2017 to 2023.

IIoT is a network of multiple devices connected through communications technologies. The sub-systems are able to collect, monitor, analyze, and deliver insights for driving business decisions for the industrial companies. IIoT is an integration of advanced technologies such as Machine-to-Machine (M2M) communication
In 2016, the hardware components dominated the IIoT market in terms of revenue. Further, based on application, the manufacturing application led the market with 35% share in 2016.

Key findings of the Industrial Internet of Things (IIoT) Market:

Hardware components are projected to continue to maintain their leading position during the forecast period.
Manufacturing application is projected to continue to maintain its leading position till 2023.
Asia-Pacific is expected to exhibit promising growth rate during the forecast period.
IIoT industry participants is anticipated to focus on introducing new products with innovations and partnerships to improve their market share.
The key players profiled in the report include Cisco Systems, Inc., General Electric, Intel Corporation, Rockwell Automation, Inc., ABB, Texas Instruments Inc., Dassault Systmes, Honeywell International Inc., Huawei Technology Co., Ltd., and International Business Machines Corporation (IBM). These market players focus on the development of new technology, launch of novel products with innovative variations, and adoption of partnership and collaboration as key strategies to establish their position in the market.
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