Industrial Iot Market Size Gartner

(Source: Gartner) Healthcare IoT stats. The healthcare industry has been a rapid adopter of IoT technology. This comes with many advantages and many risks. But the overall size and complexity of the market is a perfect example of the transformative power of IoT in a single, important industry. Gartner defines the market for industrial Internet of Things (IIoT) platforms as a set of integrated software capabilities. These capabilities span efforts to improve asset management decision making, as well as operational visibility and control for plants, depots, infrastructure and. In 2018 alone, spending on IoT security is expected to increase by 28% from 2017 levels, to reach $1.5 billion and $3.1 billion in 2021. Ruggero Contu, research director at Gartner, said: “In IoT initiatives, organisations often don’t have control over the source and nature of the software and hardware being utilised by smart connected devices.

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Outdoor surveillance cameras will be the largest market for 5G Internet of Things (IoT) solutions worldwide over the next three years, according to Gartner. These cameras will represent 70% of the 5G IoT endpoint installed base in 2020, before contracting to 32% by the end of 2023.5G IoT installed endpoints for outdoor surveillance cameras will reach 2.5 million in 2020, 6.2 million units in.

Industrial iot market size gartner. The Industrial IoT: reshaping industries, companies and even countries. IndustryARC further found that in 2015 the European region was leading the Industrial Internet of Things market in 2015 with approximately 28 percent of the total market. Industrial IoT works at the intersection of people, data and intelligent machines, IndustryARC states. Industrial Internet-of-Things Market – Summary. The global industrial internet-of-things market is expected to reach USD 751.3 billion valuation by 2023, at an astonishing CAGR of 23.88% over the forecast period (2017-2023), reports Market Research Future (MRFR). The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining aCAGR of 28.5%. Discrete Manufacturing, Transportation and Logistics, and Utilities will lead all industries in IoT. IoT Analytics is a leading provider of market insights and strategic business intelligence for the Internet of Things (IoT), M2M, and Industry 4.0. We count more than 30,000 followers, more than 50,000 monthly website visitors, and 500+ corporate customers to date.

The global Industrial IoT market generated $72.34 billion in 2018 and is expected to witness a CAGR of 8.67% during the forecast period from 2019 to 2024. Key Questions Answered in the Report: Gartner forecasts that the enterprise and automotive Internet of Things (IoT) market will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019. By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018. Utilities will be the highest user of IoT endpoints, totalling 1.17 billion […] The global Industrial Internet of Things market size was valued at USD 161.14 billion in 2018 and is anticipated to register a CAGR of 29.4% during the forecast period. Growing trend of processing the contextually rich and real-time data streams generated by IoT networks and sensors using machine learning and artificial intelligence is expected to drive the growth For additional information on PTC’s position within the IIoT platforms market, please access a complimentary copy of the full Magic Quadrant report here: Gartner 2019 Magic Quadrant for Industrial IoT Platforms. 1 Gartner Magic Quadrant for Industrial IoT Platforms, Eric Goodness, Scot Kim, Ted Friedman, Alfonso Velosa, Emil Berthelsen.

The global market size of IoT Platforms was US$ 1340 million in 2017 and is expected to reach USD 9960 million by the end of 2025, with a CAGR of 28.5 per cent between 2018 and 2025. Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. We provide extensive market coverage of all aspects of the industrial IoT edge, ranging from edge and cloud software platforms to network infrastructure and endpoint devices. dwarf the size of the consumer IoT by several magnitudes. While a few billion consumer devices— wearables, home automation devices, cars—will become IoT-connected during the next five years, the equivalent global growth curve for the industrial IoT is set to rocket towards 100 billion devices as the technology becomes pervasive in Microsoft is committed to making it easy to develop IoT related solutions with Azure IoT — Chief Information Officer in the undefined Industry The capability Microsoft has provided has allowed us to easily gather very large amounts of industrial machine data, process on the edge for real time alerting, and pass to the cloud for analytics in.

The global industrial Internet of Things (IIoT) market size reached US$ 126 Billion in 2019. IIoT is being utilized in industries such as oil and gas, insurance, manufacturing, transportation, infrastructure and retail for improving operational efficiency. The statistic shows the IoT market size worldwide from 2016 to 2020. In 2017, the IoT market is forecast to reach 194.68 billion U.S. dollars. Read more Size of the IoT market worldwide. [186Pages] Industrial IoT (IIoT) Market report categorizes the Global market by Device & Technology (Sensor, RFID, Industrial Robotics, DCS, Condition Monitoring, Networking Technology), Connectivity, Software, Vertical, Region. COVID-19 impact on Industrial IoT Industry. The market for Industry 4.0 products and services is expected to grow to $310B by 2023. IoT Analytics is predicting global spending on Industry 4.0 products and services will soar from $119B in.

The "Global Industrial IoT gateway Market Analysis to 2027" is a specialized and in-depth study of the industrial IoT gateway industry with a special focus on the global market trend analysis. The report aims to provide an overview of industrial IoT gateway market with detailed market segmentation by product, connectivity, end-user, and geography. More importantly, the report defines the requirements and capabilities of Industrial IoT, or IIoT, in the context of executing an IoT business strategy. For those of us who have tired of the endless barrage of “reports” speculating on the IoT’s market size in 2025, this Magic Quadrant comes as welcome reading material. The global Industrial Internet of Things market size is expected to reach USD 949.42 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 29.4% during the forecast period Gartner details the strengths and weaknesses of 16 market-leading industrial IoT platform vendors in its latest Magic Quadrant For Industrial IoT report. By Dylan Martin July 04, 2019, 10:00 AM EDT

According to the new market research report, "Industrial IoT (IIoT) Market by Device & Technology (Sensor, RFID, Industrial Robotics, DCS, Condition Monitoring, Networking Technology), Connectivity (Wired, Wireless, Field Technology), Software (PLM, MES, SCADA), Vertical, Region - Global Forecast to 2025" size is expected to grow from USD 77.3 billion in 2020 to USD 110.6 billion by 2025, at a.