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 Allied Market Research, titled,  Global Industrial Internet of Things (IIoT) Market by Component and Application: Opportunity Analysis and Industry Forecast, 2017-2023,  the IIoT market size was valued at $115 billion in 2016, and is projected to reach at $197 billion by 2023, growing at a CAGR of 7.5% from 2017 to 2023. IIoT is a network of multiple devices connected through communications technologies. The sub-systems are able to collect, monitor, analyze, and deliver insights for driving business decisions for the industrial companies. IIoT is an integration of advanced technologies such as Machine-to-Machine (M2M) communication. In 2016, the hardware components dominated the IIoT market in terms of revenue. Further, based on application, the manufacturing application led the market with 35% share in 2016. Key Findings of the Industrial Internet of Things (IIoT) Market: Hardware components are projected to continue to maintain their leading position ...

 Allied Market Research, titled,  Global Industrial Internet of Things (IIoT) Market by Component and Application: Opportunity Analysis and Industry Forecast, 2017-2023,  the IIoT market size was valued at $115 billion in 2016, and is projected to reach at $197 billion by 2023, growing at a CAGR of 7.5% from 2017 to 2023. IIoT is a network of multiple devices connected through communications technologies. The sub-systems are able to collect, monitor, analyze, and deliver insights for driving business decisions for the industrial companies. IIoT is an integration of advanced technologies such as Machine-to-Machine (M2M) communication In 2016, the hardware components dominated the IIoT market in terms of revenue. Further, based on application, the manufacturing application led the market with 35% share in 2016. Key Findings of the Industrial Internet of Things (IIoT) Market: Hardware components are projected to continue to maintain their leading position ...

  The  global market for industrial Internet of Things  is fragmented in nature with a high level of competition among the prominent players over the next few years, states a research study by TMR. The development of new products and technological advancements in the field are predicted to offer growth opportunities for the market players in the next few years. The increasing number of strategic partnerships and collaborations is likely to encourage the growth of the global industrial Internet of Things Market in the next few years. In addition to this, the rising research and development activities in this field and the increasing investments are estimated to ensure the growth of the market in the near future. Some of the prominent players engaged in the industrial Internet of Things market across the globe are Softweb Solutions Inc., General Electric Company, Robert Bosch GmbH, Siemens AG, IBM Corporation, Schneider Electric SE, Accenture PLC, ABB Ltd., Sasken Technolog...

Industrial Internet of Things (IIoT) is a part of the large IoT network that is linked to intelligent devices, computers, and objects, which helps collect and share enormous amount of data. IIoT aids to greatly improve the efficiency, connectivity, scalability, cost, and time savings. Further, predictive maintenance, improved safety, and other operational efficiencies of IIoT has benefitted the industrial organizations. The IIoT network enables these organizations to connect to their workers, data, and processes from factories to the executive offices. This helps in better decision making for the organization as a whole. The IIoT is broadly considered as one of the primary trends that affects the industrial businesses. The industries are pushing to modernize the systems and equipment to meet the new regulations and for dealing with the disruptive technologies. Major Key Players of the Industrial Internet of Things (IIoT) Market are: Cisco Systems, General Electric, Intel Corporatio...

The industrial Internet of Things (IIoT) is a part of the large IoT network that is linked to intelligent devices, computers, and objects, which helps collect and share enormous amount of data. IIoT aids to greatly improve the efficiency, connectivity, scalability, cost, and time savings. Further, predictive maintenance, improved safety, and other operational efficiencies of IIoT has benefitted the industrial organizations. The IIoT network enables these organizations to connect to their workers, data, and processes from factories to the executive offices. This helps in better decision making for the organization as a whole. The IIoT is broadly considered as one of the primary trends that affects the industrial businesses. The industries are pushing to modernize the systems and equipment to meet the new regulations and for dealing with the disruptive technologies. Major Key Players of the Industrial Internet of Things (IIoT) Market are: Cisco Systems, General Electric, Intel Corp...