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.
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Industrial Internet of Things Market Segmentation
By Device & Technology:
• Sensors
• RFID
• Industrial Robotics
• Distributed Control System
• Condition Monitoring
• Smart Meters
• Smart Beacon
• Yield Monitoring
• Electronic Shelf Label
• Cameras
• Guidance & Steering
• GPS/GNSS
• Interface Board
• Flow & Application Control Device
• Networking Technology
By Software:
• PLM
• MES
• SCADA
• Outage Management System
• Distribution Management System
• Visualization Software
• Transit Management Systems
• Retail Management Software
• Remote Patient Monitoring
• Farm Management System
By Connectivity:
• Wired technology
• Wireless technology
• Field technology
By Vertical:
• Manufacturing
• Energy
• Oil &Gas
• Metal & Mining
• Healthcare
• Retail
• Transportation
• Agriculture
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
