Industrial IOT Platform Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Industrial IOT Platform Market 2018 Industrial IOT Platform Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 The Global Industrial Internet of Things (IoT) Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of industrial internet of things (IoT) will grow moderately over the forecast period. The market is forecasted to witness slow but steady growth by 2022, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2022). The Industrial Internet of Things is a network of physical objects, systems, platforms and applications that contain embedded technology to communicate and share intelligence with each other, the external environment and with people. The adoption of the Industrial IoT is being enabled by the improved availability and affordability of sensors, processors and other technologies that have helped facilitate capture of and access to real-time information.
2
www.marketresearchfuture.com
Industrial IOT Platform Market 2018
“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Industrial IOT Platform Market Research Report - Global Forecast 2022� The global Industrial IoT market is expected to increase at high growth rates during the forecasted period (2017-2021). The global Industrial IoT market is supported by various growth drivers surging demand of collaborative robots and booming economic growth. Furthermore, the rise of lower power wide area (LPWA) network technology, rising IoT platform, application and security spending among others is driving the industrial IoT market. The trends that boost the industrial IoT market in future are 5G New Radio (NR) technology, smart dust, virtual simulation of products and others. Apart from it,
there are some challenges that hinder the market growth like, complexity in implementation, lack of skills, safety and privacy of data concerns. The IoT has emerged as the next-generation technology which offers traffic less transportation by allowing real-time data analysis. This sector is undergoing transformation through the use of various IoT solutions including smart signalling, incident detection and reporting, and traffic monitoring. The use of IoT is also gaining importance in the logistics sector owing to factors such as evolution of the 4G and 5G networks, rise in mobile computing.
3
www.marketresearchfuture.com
Industrial IOT Platform Market 2018 Industry/ Innovation/ Related News: October 18, 2017 – General Electric Co. and Apple Inc. announced a partnership, aimed at bringing GE's industrial Internet of Things (IoT) platform Predix to Apple's iPhones and iPads. The partnership will provide developers a new software development kit to make industrial IoT apps for Apple's operating system iOS. As part of the partnership, GE will standardize on iPhone and iPad for mobile devices, and promote Mac as a choice for its global workforce, while Apple will promote Predix as the industrial IoT analytics platform of choice for its customers and developers. December, 2017 – Aspen Technology, Inc., the asset optimization software company, announced the acquisition of Cipher Industrial Internet of Things (IIoT) cloud-native software and edge connectivity assets of RtTech Software Inc. of New Brunswick, Canada. The acquisition would strengthen AspenTech’s asset optimization strategy by providing sophisticated cloud and edge processing technology that captures and aggregates critical data from assets throughout the plant and across the enterprise.
Browse Report @ https://www.marketresearchfuture.com/reports/industrial-iot-platform-market-2186
4
www.marketresearchfuture.com
Industrial IOT Platform Market 2018 Application & Major Players in this Research: Industrial IOT Platform Market Prominent Players:
Microsoft Inc. (U.S.), NEC Corporation (Japan), PTC (U.S.), International Business Machines Corporation (U.S.), General Electric Corporation (U.S.), Fujitsu (Japan), Siemens AG (Germany), SAP SE (Germany), Hitachi Insight Group (U.S.), Huawei Technologies Co. Ltd. (China) among others. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2186
5
www.marketresearchfuture.com
Industrial IOT Platform Market 2018 Industrial IOT Platform Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: Asia-Pacific is expected to dominate the global market of Industrial IoT Platform. High population and high consumption of electronic devices in Asian countries is supporting the market share. China is one of the biggest manufacturing driven economy. Rich consumer electronic industry and high supply is leading to high adoption of industrial IoT platform whereas rich automotive industry in South Korea and Japan is also supporting the market growth. North America stands as second biggest market of industrial IoT platform due to the heavy investment in technology startups from past several years. North America is one of the developed nation who holds advance technologies which is not available to many other countries. Rich defence sector and manufacturing industry is leading to the high growth of North America Industrial IoT Platform Market.
6
www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com
Copyright Š 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.
7
www.marketresearchfuture.com
THANK YOU
MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
8
www.marketresearchfuture.com