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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
Technavio’s 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
Technavio's 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?

Press Release

Technavio Announces the Publication of its Research Report – Global IIOT Market 2016-2020

Technavio recognizes the following companies as the key players in the Global IIOT Market: Cisco, GE, IBM, Intel, Rockwell Automation and RTI.

Other Prominent Vendors in the market are: Accenture, ARM Holdings, AT&T, Broadcom, Google, Honeywell, Huawei, Robert Bosch, Siemens and Zebra Technologies.

Commenting on the report, an analyst from Technavio’s team said: “Shift from IPv4 to IPv6 is one of the latest trends in the market. IPv6 makes the management of networks easier and offers improved security features. IPv6 can transmit more data and has a simplified, efficient routing compared to IPv4.”

According to the report, one of the major driving factor in the market is increased data generation using IIoT. Many connected devices are used in various industries to generate high-volume data. Companies use the data for cost optimization and revenue generation.

Further, the report states that data privacy is a major challenge in any organization due to the presence of many connected devices and the use of private and public networks. Increased connectivity and data sharing have created cybersecurity issues and data breaches.

Companies Mentioned

Cisco, GE, IBM, Intel, Rockwell Automation, RTI, Accenture, ARM Holdings, AT&T, Broadcom, Google, Honeywell, Huawei, Robert Bosch, Siemens, Zebra Technologies.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global IIoT market 2015-2020 ($ billions)
  • Geographical segmentation
    • Table Segmentation of global IIoT market by region 2015
    • Table Global IIoT market by regional growth rate 2015
    • APAC
      • Table IIoT market in APAC 2015-2020 ($ billions)
    • North America
      • Table IIoT market in North America 2015-2020 ($ billions)
    • Europe
      • Table IIoT market in Europe 2015-2020 ($ billions)
    • ROW
      • Table IIoT market in ROW 2015-2020 ($ billions)
  • Market drivers
    • Increased data generation using IIoT
    • Competitive advantages
    • Advances in sensor technology
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Complexity in data storage
    • Data management issues during shift toward IPv6
    • Data privacy and security concerns
    • Balance between security and discoverability
    • Integration issues
    • Lack of standardization
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Shift from IPv4 to IPv6
    • Integration of OT with IT
    • Use of Li-Fi
    • Growing demand for big data analytics
  • Five forces analysis
    • Table Five forces analysis
  • Key vendor analysis
    • Competitive analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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