Industrial Internet of Things Market- Global Forecast to 2025 The industrial internet of things is a term used to describe the interconnectivity of industrial processes and manufacturing equipment by adoption of IOT technology. The adoption of sensors in industries have given the birth to industrial IOT market. Sensors help convert information from analog to digital. Data networking and computing power have increased the demand for sensors in the automation industry. Continuous development of sensors technology and adoption of data, computing, and connectivity technology, analytics and artificial intelligent, human machine interaction, and digitalization are major factors driving growth to the industrial IOT market. Request Table of Content of This Report: https://www.coherentmarketinsights.com/ongoing-insight/toc/816 Industrial Internet of Things Market Taxonomy On the basis of service, the global industrial internet of things market is segmented into: ● Professional services ● Managed Services The managed service segment held the dominant position in 2016 and is projected to maintain its dominance throughout the forecast period. Increasing government initiatives towards digitalization and increasing government investments to boost the adoption of IOT technology in various industries such as utilities and manufacturing are expected to drive growth of the IOT market. The professional services segment is expected exhibit the highest CAGR over the forecast period. On the basis of solution, the global industrial internet of things market is segmented into: ● ● ● ● ●
Real-Time Streaming Analytics Security Data Management Remote Monitoring Network Bandwidth Management