DUBLIN–(BUSINESS WIRE)–The “Industrial IoT Market Intelligence Report – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Industrial IoT Market is projected to reach USD 123.31 billion by 2027 from USD 72.69 billion in 2021, at a CAGR 9.20% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

The Americas Industrial IoT Market size was estimated at USD 26,149.42 million in 2021, is expected to reach USD 28,232.01 million in 2022, and is projected to grow at a CAGR of 8.86% to reach USD 43,539.44 million by 2027.

The Asia-Pacific Industrial IoT Market size was estimated at USD 21,161.43 million in 2021, is expected to reach USD 23,236.20 million in 2022, and is projected to grow at a CAGR of 9.47% to reach USD 36,427.67 million by 2027.

The Europe, Middle East & Africa Industrial IoT Market size was estimated at USD 25,382.88 million in 2021, is expected to reach USD 27,758.93 million in 2022, and is projected to grow at a CAGR of 9.33% to reach USD 43,349.47 million by 2027.

Market Segmentation & Coverage:

The report on industrial iot identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group’s economies and geographies can help gain business acumen for better strategic decision-making. This market coverage across different industry verticals reveals the hidden truth about the players’ strategies in different verticals and helps the organization decide target audience.

This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the industrial IoT to forecast the revenues and analyze the trends in each of the following sub-markets:

Technology:

Camera

Condition Monitoring

Distributed Control System

Electronic Shelf Label

Flow and Application Control Device

GPS or GNSS

Guidance and Steering

Industrial Robotics

Interface Board

Communication Board

Multifunctional Board

Vehicle Detection Board

Networking Technology

Wired Technologies

Ethernet

Foundation Fieldbus

Modbus

Profinet

Wireless Technologies

Bluetooth Low Energy

Cellular Technologies

Satellite Technology

Wi-Fi

ZigBee

RFID

Sensor

Smart Beacon

Smart Meter

Yield Monitor

Industry:

Agriculture

Automotive & Transportation

BFSI

Chemicals & Material Processing

Energy & Utility

Healthcare & Pharmaceuticals

IT & Telecommunication

Metal & Mining

Oil & Gas

Retail & Consumer Goods

Semiconductors

Region:

Americas

Argentina

Brazil

Canada

Mexico

United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific

Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Europe, Middle East & Africa

France

Germany

Italy

Netherlands

Qatar

Russia

Saudi Arabia

South Africa

Spain

United Arab Emirates

United Kingdom

Company Usability Profiles:

ABB Ltd.

Ansys, Inc.

Arm Ltd.

Cisco Systems, Inc.

Dassault Systemes SE

General Electric Company

Honeywell International Inc.

Huawei Technologies Co., Ltd.

Intel Corporation

International Business Machines Corporation

KUKA AG

NEC Corporation

PTC Inc.

Robert Bosch GmbH

Rockwell Automation, Inc.

Siemens AG

For more information about this report visit https://www.researchandmarkets.com/r/t28s68