Industrial IoT Market is expected to reach $344.7 Billion by 2026 – An exclusive market research report by Lucintel

December 06 19:44 2021
Industrial IoT Market is expected to reach $344.7 Billion by 2026 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Industrial IoT Market
Trends, opportunities and forecast in industrial IoT market to 2026 by end use industry (manufacturing, transportation, energy, retail, healthcare, and others), connectivity (wired and wireless), component (solution and service), device and technology (sensors, RFID, industrial robotics, distributed control system, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that industrial IoT provides attractive opportunities in the manufacturing, transportation, energy, retail, healthcare, and other industries. The industrial IoT market is expected to reach $344.7 billion by 2026 with a CAGR of 21%. In this market, wireless is the largest segment by connectivity, whereas manufacturing is largest by end use industry. The growing adoption of artificial intelligence in IoT applications, edge computing, and blockchain technology in IoT provides strategic growth path in this market.   

Download Brochure of this report by clicking on https://www.lucintel.com/industrial-iot-market.aspx Based on connectivity, the industrial IoT market is segmented into wired and wireless. The wireless segment is accounted for the largest share of the market in 2020 due to increasing usage of Wi-Fi, Bluetooth, and cellular and satellite technologies.

Browse in-depth TOC on “Industrial IoT Market”

75 – Tables

86 – Figures

160 – Pages

The industrial IoT market is marked by the presence of several big and small players. Some of the prominent players offering Industrial IoT include PTC, SAP, Cisco, General Electric, and Siemens.  

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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