Industrial Internet of Things Market worth $319.62 Billion by 2020 – New Report by MarketsandMarkets

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Industrial IoT Market is steadily driven by rising demand for cloud computing and growth in the R&D activities. Emerging markets are expected to create strong traction for the industry. (



Some of the major industry players in the Industrial Internet of Things market are GE Corporation (U.S.), Intel Corporation (U.S.), Cisco Inc. (U.S.), IBM Corp. (U.S.), Robert Bosch GmbH, (Germany), and ARM Holdings plc.(U.K.), among others.

The market associated with the Industrial Internet of Things is poised for tremendous growth. Sectors such as transportation and manufacturing have already begun adopting the same for their operations. Energy and power along with, oil and gas industries are deploying Industrial Internet of Things solutions primarily, for asset monitoring and predictive maintenance. Retail and healthcare sectors are expected to be the high growth sectors with regards to implementation of these solutions.

Browse 164 market data tables and 63 figures spread through 228 pages and in-depth TOC on " Industrial Internet of Things l Market - Global Forecast to 2020"

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This report covers the overall Industrial IoT market on the basis of different types of technology, industry verticals, components, application, and geography. The technologies considered for the Industrial internet of things market are wired and wireless. Major industry verticals covered in the report are manufacturing, transportation, energy and power, oil and gas, healthcare, and retail. The IIoT market by component includes sensors, actuators, RFID, memory and processor, energy meters, and networking components. The major applications included in the report are power generation systems, security and access controls, temperature controls, pressure controls, and vibration controls.

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Some of the major industry players profiled in this report on the Industrial Internet of Things Market include GE Corporation (U.S.), Intel Corporation (U.S.), Cisco Inc. (U.S.), IBM Corp. (U.S.), Robert Bosch GmbH, (Germany), and ARM Holdings PLC.(U.K.), among others.

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