This new report on the global IIoT platform market is dedicated to meeting customers’ needs by providing a thorough insight into the market. The proprietary data provided in this report is collected by a team of research and industry experts.
The global IIoT market is expected to grow from $ 32.7 billion in 2018 to $ 138 billion in 2023 with a compound annual growth rate (CAGR) of +33% over the forecast period. Key growth drivers for the market include increased demand for predictive and preventive maintenance solutions, increased need for centralized monitoring, increased IT and OT integration and the adoption of next-generation technologies.
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Top key player profiled in this report: PTC, SAP, Hitachi, Accenture, IBM, Oracle, ATOS, Altizon, QIO Technologies, Flutura, Software AG, GE, Amazon, C3 IoT, Davra Networks, Cisco, Intel, AT&T, HPE, Zebra Technologies, Bosch, Microsoft, Eurotech, Siemens, Schneider Electric etc.
The process industry is concerned with the processing of large volumes of resources into other products. The process industry consists of a variety of verticals such as energy and utilities, chemicals and materials, food and beverage, water and waste management and others (pharmaceuticals, mining and metals, pulp and paper). The IIoT platform optimizes operations and streamlines business processes by providing a variety of solutions such as asset management and business process optimization.
Market, By Platform Type:
- Device management platform
- Application management platform
- Connectivity management platform
Demand and use of various electronic devices around the world has increased tremendously over the past decade. Smartly designed, highly connected devices have increased the need for the IIoT Platform. Seamless connectivity and high-speed Internet demand are driving demand for the IIoT Platform market. In addition, you can view applications on the IIoT Platform in a variety of industries. Its commercial and industrial use has grown many times over the next few years, which is expected to benefit the market growth.
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As the use of the IIoT Platform becomes smoother, you can make better decisions, cut costs in the long run and address emergencies to drive market growth. It is also expected that the IIoT Platform will facilitate the integration of data storage, data communications and hardware design, creating opportunities in the global marketplace.
Most businesses with dispersed assets in large geographical areas need to address a number of issues that impact operational efficiency, productivity, cost, people, and ultimately revenue. Due to the low cost sensor, the use of GPS-based location-based services, low connectivity and gateways, tracking devices, sensors and actuators are installed in more assets and are centrally connected to the IIoT platform.
Asset tracking and management is useful for managing the physical assets and performance of equipment at the manufacturing site. Protecting physical assets such as factories, machinery and fleets is the backbone of manufacturing operations. The asset management industry application is very important because it provides a unified view of operations to all stakeholders and is critical to maintaining the efficiency of manufacturing companies.
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Table of Contents:
Global IIoT Platform Market Research Report 2019-2026
Chapter 1: IIoT Platform Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: IIoT Platform Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
…….CONTINUED FOR TOC