DUBLIN, May 13, 2021 /PRNewswire/ -- The "Industrial Internet of Things Market by IIoT Technologies, Solutions and Services 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
This report evaluates IIoT technologies, companies, applications, services, and solutions.
Report forecasts include overall global and regional IIoT outlook as well as IIoT by industry vertical, software, hardware, and services for the period 2021 to 2026.
Industrial Internet of Things (IIoT) solutions are poised to transform many industry verticals including healthcare, retail, automotive, and transport. For many industries, IIoT will significantly improve reliability, production, and customer satisfaction. While, IIoT will initially improve existing processes and augmented current infrastructure, the ultimate goal will be to realize entirely new, and dramatically improved products and services.
Successful companies will be those that understand how and where IoT technologies and solutions will drive opportunities for operational improvements, new and enhanced products, and services, as well as completely new business models.
IIoT will significantly improve reliability, production, and customer satisfaction. Initially focusing on improving existing processes and augmented current infrastructure, IIoT will rely upon as well as integrate with certain key technologies, devices, software, and applications.
IIoT involves a substantial breadth and depth of technologies, many of which require careful integration and orchestration. Leading managed service providers are looking beyond core Machine-to-Machine (M2M) communications towards more advanced services that involve IoT platform and device mediation, data management, and application coordination.
M2M messaging itself is evolving to a flatter hierarchical structure with edge computing networks, which will require managed privacy and security services to ensure data integrity and asset protection. M2M communications for IIoT will become increasingly necessary for enterprise and industrial organizations that wish to fully leverage IoT technologies.
Data analytics solutions provide the means to process vast amounts of machine-generated, unstructured data captured by M2M systems. As IIoT progresses, there will be an increasingly large amount of unstructured machine data. The growing amount of machine-generated industrial data will drive substantial opportunities for AI support of unstructured data analytics solutions.
The industrial sector is rapidly integrating IIoT solutions with many of the aforementioned technologies. This convergence will have a profound effect on industrial processes as well as create opportunities for product and service transformation. In some cases, entirely new business models will result from integration with broadband wireless and cloud technologies as the "as a service" model transforms many existing products into services. Also, IIoT solutions are evolving from transparency into operations to proactive maintenance and correction.
Looking beyond command and control of machinery and processes, IoT data itself will become extremely valuable as an agent of change for product development as well as identification of supply gaps and realization of unmet demands. Direct purchase of this report includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
Select Report Findings:
- Total global IIoT market will reach $912.7B by 2026, driven by manufacturing and healthcare
- IIoT in manufacturing alone will reach $153.5 billion globally by 2026, growing at 17.9% CAGR
- IIoT DaaS market for enterprise and industrial segments will reach $10.4 billion globally by 2026
- IIoT data storage will reach $95.4 billion globally by 2026, led by manufacturing and healthcare verticals
- Private wireless implementations to be a major driver for IIoT adoption within all major production-oriented industries
- North America will be the leading region followed by Europe, led by Germany, and Asia Pac, led by Japan and South Korea
- Combining AI with digital twins, cloud robotics, and teleoperation to drive substantial market opportunities for systems integration
Key Topics Covered:
1 Executive Summary
2 Overview2.1 The Industrial Internet of Things Market Opportunity2.1.1 People, Processes, and Technology2.1.2 IIoT and People2.1.3 IIoT and Processes2.1.4 IIoT and Technologies2.2 Critical Focus Areas for IIoT Execution2.3 IIoT Application Areas2.3.1 Process Optimization2.3.2 Enhance, Integrate and Scale existing Corporate IT Systems2.3.3 Leverage Potential of Existing Infrastructure2.4 Forming a Foundation for IIoT2.4.1 Industrial Internet Consortium2.4.2 Industry Leading Companies set the Pace2.4.3 Industry Test Beds for IIoT2.4.4 Industrial Internet Reference Architecture2.5 Evaluating the Future Potential of IIoT2.5.1 Cyber-security is a Critical Concern with IIoT2.5.2 IIoT is Facilitating a Drive-in Industrial Automation2.5.3 Early IIoT Deployments to Benefit Existing Industries2.5.4 IIoT will Integrate with Other Technologies to Achieve Success2.5.5 IIoT and the Fourth Industry Revolution2.5.6 IIoT to Facilitate Transition to Smart Factories2.5.7 Connected Factory: New Roles for Suppliers and Customers2.5.8 IIoT and Product Transformation to an "as a Service" Economy2.5.9 Intelligent Manufacturing: From Smart Factories to Smarter Factories 2.5.10 Teleoperation and Tele-robotics 2.5.11 IIoT and Fifth Generation (5G) Wireless 2.5.12 IIoT and Edge Computing
3 IIoT Technologies3.1 Hardware Technologies3.1.1 Hardware Development Platforms3.1.2 Smart Sensors3.2 Software Technologies3.2.1 Connectivity Platforms3.2.2 Data Storage Platforms3.2.3 Data Analytics and Visualization Platforms3.2.4 IoT Protocols3.3 IIoT and Manufacturing Execution Systems (MES)3.3.1 Role and Importance with IIoT3.3.2 MES and Cyber-Physical Systems3.3.3 MES in the Cloud and other Convergence3.3.4 Future of IIoT Enabled MES3.4 Edge Computing3.4.1 Introduction to Edge Computing3.4.2 Mobile Edge Computing (Multi-access Edge Computing)3.4.3 Fog Computing (Non-Cellular Edge Computing)3.4.4 Edge Computing in Industrial Networks and Systems3.5 Teleoperation and Tele-robotics3.5.1 Teleoperation3.5.2 Tele-robotics3.5.3 Cloud Robotics3.6 Digital Twin Technologies and Solutions3.6.1 Digital Twinning3.6.2 Digital Twin Solution Drivers3.6.3 Digital Twin Solution Use Cases3.7 Network Technologies in IIoT3.7.1 Wireless Local Area Network3.7.2 Wireless Personal Area Network3.7.3 Wireless Wide Area Networks3.7.4 Wireless Sensor Networks
4 IIoT in Industry Verticals4.1 Automotive and Transportation4.2 Cargo and Logistics4.3 Healthcare4.4 Manufacturing4.5 Oil and Gas4.6 Smart Cities4.7 Utilities
5 IIoT Case Studies5.1 IoT Enabled Digital Transformation in Automotive5.2 Industry 4.0 Platform Helps Advance Smart Manufacturing Operations5.3 Smarter Systems for Increased Productivity5.4 Connectivity and Intelligence Cleaning Automation5.5 IIoT for Pipeline Monitoring5.6 Smart Factories and Industrial Automation
6 IIoT Market Dynamics6.1 IIoT Market Drivers6.2 IIoT Market Challenges
7 IIoT Company Analysis7.1 ABB7.1.1 Company Profile7.1.2 Recent Developments7.2 Accenture7.3 AGT International7.4 ARM Holdings7.5 ATOS7.6 B+B SmartWorx7.7 Bosch7.8 C3, Inc.7.9 Cisco System Inc.7.10 Digi International7.11 Echelon Corporation7.12 Elecsys Corporation7.13 General Electric7.14 Hitachi7.15 IBM7.16 Oracle7.17 PTC7.18 Real-Time Innovation7.19 Rockwell Automation7.20 SAP7.21 Sensata Technologies7.22 Siemens7.23 Wind River7.24 Worldsensing7.25 Wovyn LLC.
8 IIoT Global Market Analysis and Forecasts 2021 - 20268.1 IIoT Market by Region 2021 - 20268.2 IIoT Global Market by Products Offered 2021 - 20268.2.1 IIoT Market for Hardware in 2021 - 20268.2.2 IIoT Market for Software in 2021 - 20268.2.3 IIoT Market for Services 2021 - 20268.3 IIoT Global Market by Industry Vertical 2021 - 20268.3.1 IIoT Deployments in Manufacturing Sector 2021 - 20268.3.2 Healthcare Market for IIoT 2021 - 20268.3.3 Automotive Industry Market for IIoT 2021 - 20268.3.4 Retail industry Market for IIoT 2021 - 20268.3.5 Oil and Gas Industry Market for IIoT 2021 - 20268.3.6 Market for IIoT by Cargo and Logistic Sector 2021 - 20268.3.7 IIoT in Utilities Sector 2021 - 20268.3.8 IIoT in Hospitality Sector 2021 - 2026
9 Future of IIoT Technologies, Solutions, and Deployment9.1 IIoT Deployment and Support9.1.1 Carrier Supported IIoT Networks9.1.2 IIoT and Private Wireless Networks9.2 Evolution of IIoT Economic Value9.2.1 Internal Company Benefits9.2.2 Customer Oriented Benefits9.2.3 IIoT Data Becomes the Product9.3 IIoT and Technology Convergence9.4 IIoT Data as a Service9.4.1 Data as a Service ( DaaS) General Market9.4.2 DaaS Market for Business Data (Enterprise and Industrial)9.5 DaaS Market by Source: Machine and Non-Machine Data9.6 DaaS Market by Data Collection: IoT and Non-IoT Data
10 Appendix: Additional IIoT Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/r/g8p1a3
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