Industrial Internet of Things (IIoT) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

As IIoT projects extend beyond cloud-centric approaches, the next step in the evolution of artificial intelligence (AI) and the IIoT will address the need to convert algorithms to work at the edge in a dramatically smaller footprint. Edge technology can analyze all raw data and deliver the highest-fidelity analytics, and increase the likelihood of detecting anomalies, enabling immediate reaction. A test of success will be the amount of power or computing capability that can be achieved in the smallest footprint possible

MARKET DYNAMICS

The advent of IoT in the industrial arena coupled with growing popularity of edge computing is anticipated to propel the Industrial internet of things edge market. Further, higher costs of implementations of the infrastructures hinder the smooth transitions of industrial internet of things edge market. Significant deployments of IoT in various industries is anticipated to opportunities to the players operating in the industrial internet of things edge market.

MARKET SCOPE

The "Global Industrial Internet Of Things Edge Market Analysis to 2031" is a specialized and in-depth study of the Technology, Media, and Telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial internet of things edge market with detailed market segmentation by technology, end-user, and geography. The global industrial internet of things edge market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading industrial internet of things edge market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global industrial internet of things edge market is segmented on the basis of component, and end-user. Based on technology, the industrial internet of things edge market is segmented into software platform, gateways & routers, endpoint devices, network edge infrastructure, industrial routers, and Ethernet switches. On the basis of end-user, the industrial internet of things edge market is segmented into manufacturing, automotive, energy and utilities, oil and gas, metals and mining, healthcare, retail, transportation, and agriculture.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial internet of things edge market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial internet of things edge market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the industrial internet of things edge market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial internet of things edge in these regions.

MARKET PLAYERS

The reports cover key developments in the industrial internet of things edge market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial internet of things edge market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial internet of things edge in the global market. Below mentioned is the list of few companies engaged in the industrial internet of things edge market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial internet of things edge market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Accenture PLC
• Cisco Systems Inc.
• Festo
• General Electric Company
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• NVIDIA Corporation
• PTC Inc.
• Siemens AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Industrial Internet of Things Edge Report Scope