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Industrial Internet of Things (IIoT) Market by Component (Hardware, Software, Services, and Connectivity) and Application (Manufacturing, Energy & Power, Oil & Gas, Healthcare, Transportation & Logistics, and Others) - Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 140
Feb 2018 | 2193 Views
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Author's : Seapee Bajaj
Tables: 83
Charts: 46
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Industrial Internet of Things (IIoT) Market Overview:

Industrial Internet of Things (IIoT) Market size was valued at $115 billion in 2016, and is projected to reach at $197 billion by 2023, growing at a CAGR of 7.5% from 2017 to 2023. Advancement in technologies has helped key players, such as to offer enhanced IIoT offerings to their end users. Integration of smart sensors into industrial machines encouraged the manufacturers to reduce the operational cost by 50% and is expected to decrease further during the forecast period.

Increase in technological investments in the developing regions coupled with the emergence of big data analytics has widely driven the global market growth of IIoT. Further, rise in demand from the healthcare industry and the initiation of industry-specific platforms in the developed region is expected to fuel the growth of the market.

The market witnesses a continuous rise in adoption of Internet of Things (IoT) due to presence of factors such as high penetration of Wi-Fi connectivity, technological enhancements in wireless network technologies, and rise in adoption of cloud platform. Furthermore, growth in development of smart transportation and smart cities leads to increased adoption of IoT. This in turns propels the growth of the IIoT market.

Some of the significant players that operate in the market and are profiled in the report include Cisco Systems, Inc., General Electric, Intel Corporation, Rockwell Automation, Inc., ABB, Texas Instruments Inc., Dassault Systmes, Honeywell International Inc., Huawei Technology Co., Ltd., and International Business Machines Corporation (IBM).

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The market is segmented based on component, application, and region. The components covered in this report include hardware, software, services, and connectivity. The applications discussed in this study are manufacturing, energy & power, oil & gas, healthcare, transportation & logistics, and others.

Furthermore, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Top Impacting Factors

Low Operational Cost

Smart and connected products are critical components in the connected supply chain and smart manufacturing processes. Further, the advent of low cost connected devices has enabled manufacturers to adopt IoT technologies to lower resource consumption and increase the overall productivity. Moreover, due to low operational cost, several manufacturers prefer to implement IoT applications in machines to maximize the efficiency with reduced cost.

Growth in Adoption of Cloud-based Deployment Model

Demand of low cost data storage, backup, and data protection are major opportunities for small & medium enterprises (SMEs). Implementation of cloud helps enterprises to provide better IoT services to various industry verticals.

Inadequate IT Infrastructure

Poor internet architecture and lack of skilled labors majorly limit the growth of the IoT in manufacturing market. Many of the developing countries lack basic IT infrastructure, which is pre-requisite for reliable connectivity. Further, power supply systems have to be stable and reliable to ensure high quality exchange of data between sensors and control systems. Therefore, poor internet connectivity in countries such as Africa, Malaysia, Chile, and Brazil is expected to hinder the market growth in the coming years.

Key Benefits for Stakeholders

  • This study comprises analytical depiction of the Industrial IoT market with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
  • Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the IIoT industry.

Industrial Internet of Things (IIoT) Market Key Segments:

By Component

  • Hardware
  • Software
  • Services
  • Connectivity

By Application

  • Manufacturing
  • Energy & Power
  • Oil & Gas
  • Healthcare
  • Transportation & Logistics
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Key Market Players Profiled

  • Cisco Systems, Inc.
  • General Electric
  • Intel Corporation
  • Rockwell Automation, Inc.
  • ABB Group
  • Texas Instruments Inc.
  • Dassault Systmes
  • Honeywell International Inc.
  • Huawei Technology Co., Ltd.
  • IBM Corporation
 

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.2.3.1. Competitive intelligence and strategies of companies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Low-to-moderate threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. Moderate bargaining power of buyers

3.4. MARKET SHARE ANALYSIS (2016)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Advancement in technologies
3.5.1.2. Low operational cost
3.5.1.3. Rising adoption of IoT

3.5.2. Restraint

3.5.2.1. Inadequate IT infrastructure

3.5.3. Opportunity

3.5.3.1. Surge in predictive maintenance
3.5.3.2. Growth in adoption of cloud-based deployment model

Chapter: 4: IIOT MARKET, BY COMPONENT

4.1. OVERVIEW
4.2. HARDWARE

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. SOFTWARE

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

4.4. SERVICES

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

4.5. CONNECTIVITY

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

Chapter: 5: IIOT MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. MANUFACTURING

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. ENERGY & POWER

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. OIL & GAS

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. HEALTHCARE

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

5.6. TRANSPORTATION & LOGISTICS

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country

5.7. OTHERS

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country

Chapter: 6: IIOT MARKET BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends and opportunities
6.2.2. Market size and forecast by component
6.2.3. Market size and forecast by application
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by component
6.2.4.1.2. Market size and forecast, by application

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by component
6.2.4.2.2. Market size and forecast, by application

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by component
6.2.4.3.2. Market size and forecast, by application

6.3. EUROPE

6.3.1. Key market trends and opportunities
6.3.2. Market size and forecast by component
6.3.3. Market size and forecast by application
6.3.4. Market analysis by country

6.3.4.1. UK

6.3.4.1.1. Market size and forecast, by component
6.3.4.1.2. Market size and forecast, by application

6.3.4.2. Germany

6.3.4.2.1. Market size and forecast, by component
6.3.4.2.2. Market size and forecast, by application

6.3.4.3. France

6.3.4.3.1. Market size and forecast, by component
6.3.4.3.2. Market size and forecast, by application

6.3.4.4. Rest of Europe

6.3.4.4.1. Market size and forecast, by component
6.3.4.4.2. Market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast by component
6.4.3. Market size and forecast by application
6.4.4. Market analysis by country

6.4.4.1. China

6.4.4.1.1. Market size and forecast, by component
6.4.4.1.2. Market size and forecast, by application

6.4.4.2. India

6.4.4.2.1. Market size and forecast, by component
6.4.4.2.2. Market size and forecast, by application

6.4.4.3. Japan

6.4.4.3.1. Market size and forecast, by component
6.4.4.3.2. Market size and forecast, by application

6.4.4.4. Rest of Asia-Pacific

6.4.4.4.1. Market size and forecast, by component
6.4.4.4.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends and opportunities
6.5.2. Market size and forecast by component
6.5.3. Market size and forecast by application
6.5.4. Market analysis by sub-region

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by component
6.5.4.1.2. Market size and forecast, by application

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by component
6.5.4.2.2. Market size and forecast, by application

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by component
6.5.4.3.2. Market size and forecast, by application

Chapter: 7: COMPANY PROFILES

7.1. CISCO SYSTEMS, INC.

7.1.1. Company overview
7.1.2. Company Snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves & developments

7.2. GENERAL ELECTRIC

7.2.1. Company overview
7.2.2. Company Snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves & developments

7.3. INTEL CORPORATION

7.3.1. Company overview
7.3.2. Company Snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves & developments

7.4. ROCKWELL AUTOMATION, INC.

7.4.1. Company overview
7.4.2. Company Snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves & developments

7.5. ABB GROUP

7.5.1. Company overview
7.5.2. Company Snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves & developments

7.6. TEXAS INSTRUMENTS, INC.

7.6.1. Company overview
7.6.2. Company Snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves & developments

7.7. DASSAULT SYSTEMES

7.7.1. Company overview
7.7.2. Company Snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves & developments

7.8. HONEYWELL INTERNATIONAL, INC.

7.8.1. Company overview
7.8.2. Company Snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves & developments

7.9. HUAWEI TECHNOLOGY CO., LTD.,

7.9.1. Company overview
7.9.2. Company Snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves & developments

7.10. IBM CORPORATION

7.10.1. Company overview
7.10.2. Company Snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves & developments

LIST OF TABLES

TABLE 01. GLOBAL IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 02. IIOT MARKET REVENUE FOR HARDWARE, BY REGION 2016-2023 ($MILLION)
TABLE 03. IIOT MARKET REVENUE FOR SOFTWARE, BY REGION 2016-2023 ($MILLION)
TABLE 04. IIOT MARKET REVENUE FOR SERVICES, BY REGION 2016-2023 ($MILLION)
TABLE 05. IIOT MARKET REVENUE FOR CONNECTIVITY, BY REGION 2016-2023 ($MILLION)
TABLE 06. GLOBAL IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 07. IIOT MARKET REVENUE FOR MANUFACTURING APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 08. IIOT MARKET REVENUE FOR ENERGY & POWER APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 09. IIOT MARKET REVENUE FOR OIL & GAS APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 10. IIOT MARKET REVENUE FOR HEALTHCARE APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 11. IIOT MARKET REVENUE FOR TRANSPORTATION & LOGISTICS APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 12. IIOT MARKET REVENUE FOR OTHER APPLICATIONS, BY REGION 2016-2023 ($MILLION)
TABLE 13. GLOBAL IIOT MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA IIOT MARKET REVENUE FOR COMPONENT, 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA IIOT MARKET REVENUE FOR APPLICATION, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA IIOT MARKET REVENUE, BY COUNTRY 2016-2023 ($MILLION)
TABLE 17. U.S. IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 18. U.S. IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 19. CANADA IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 20. CANADA IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 21. MEXICO IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 22. MEXICO IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 23. EUROPE IIOT MARKET REVENUE FOR COMPONENT, 2016-2023 ($MILLION)
TABLE 24. EUROPE IIOT MARKET REVENUE FOR APPLICATION, 2016-2023 ($MILLION)
TABLE 25. EUROPE IIOT MARKET REVENUE, BY COUNTRY 2016-2023 ($MILLION)
TABLE 26. UK IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 27. UK IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 28. GERMANY IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 29. GERMANY IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 30. FRANCE IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 31. FRANCE IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 32. REST OF EUROPE IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 33. REST OF EUROPE IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC IIOT MARKET REVENUE FOR COMPONENT, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC IIOT MARKET REVENUE FOR APPLICATION, 2016-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC IIOT MARKET REVENUE, BY COUNTRY 2016-2023 ($MILLION)
TABLE 37. CHINA IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 38. CHINA IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 39. INDIA IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 40. INDIA IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 41. JAPAN IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 42. JAPAN IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 45. LAMEA IIOT MARKET REVENUE FOR COMPONENT, 2016-2023 ($MILLION)
TABLE 46. LAMEA IIOT MARKET REVENUE FOR APPLICATION, 2016-2023 ($MILLION)
TABLE 47. LAMEA IIOT MARKET REVENUE, BY SUB-REGION 2016-2023 ($MILLION)
TABLE 48. LATIN AMERICA IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 49. LATIN AMERICA IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 50. MIDDLE EAST IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 51. MIDDLE EAST IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 52. AFRICA IIOT MARKET REVENUE, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 53. AFRICA IIOT MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 54. CISCO: COMPANY SNAPSHOT
TABLE 55. CISCO: OPERATING SEGMENTS
TABLE 56. CISCO: STRATEGIC MOVES & DEVELOPMENTS
TABLE 57. GE: COMPANY SNAPSHOT
TABLE 58. GE: OPERATING SEGMENTS
TABLE 59. GE: STRATEGIC MOVES & DEVELOPMENTS
TABLE 60. INTEL: COMPANY SNAPSHOT
TABLE 61. INTEL: OPERATING SEGMENTS
TABLE 62. INTEL: STRATEGIC MOVES & DEVELOPMENTS
TABLE 63. ROCKWELL: COMPANY SNAPSHOT
TABLE 64. ROCKWELL: OPERATING SEGMENTS
TABLE 65. ROCKWELL: STRATEGIC MOVES & DEVELOPMENTS
TABLE 66. ABB: COMPANY SNAPSHOT
TABLE 67. ABB: OPERATING SEGMENTS
TABLE 68. ABB: STRATEGIC MOVES & DEVELOPMENTS
TABLE 69. TEXAS INSTRUMENTS: COMPANY SNAPSHOT
TABLE 70. TEXAS INSTRUMENTS: OPERATING SEGMENTS
TABLE 71. TEXAS INSTRUMENTS: STRATEGIC MOVES & DEVELOPMENTS
TABLE 72. DASSAULT: COMPANY SNAPSHOT
TABLE 73. DASSAULT: OPERATING SEGMENTS
TABLE 74. DASSAULT: STRATEGIC MOVES & DEVELOPMENTS
TABLE 75. HONEYWELL: COMPANY SNAPSHOT
TABLE 76. HONEYWELL: OPERATING SEGMENTS
TABLE 77. HONEYWELL: STRATEGIC MOVES & DEVELOPMENTS
TABLE 78. HUAWEI: COMPANY SNAPSHOT
TABLE 79. HUAWEI: OPERATING SEGMENTS
TABLE 80. HUAWEI: STRATEGIC MOVES & DEVELOPMENTS
TABLE 81. IBM: COMPANY SNAPSHOT
TABLE 82. IBM: OPERATING SEGMENTS
TABLE 83. IBM: STRATEGIC MOVES & DEVELOPMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. TOP WINNING STRATEGIES, 2016-2023 (%)
FIGURE 05. TOP COMPANIES AND THEIR STRATEGIES
FIGURE 06. MARKET SHARE ANALYSIS
FIGURE 07. COMPARATIVE SHARE ANALYSIS OF HARDWARE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 08. COMPARATIVE SHARE ANALYSIS OF SOFTWARE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 09. COMPARATIVE SHARE ANALYSIS OF SERVICES MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 10. COMPARATIVE SHARE ANALYSIS OF CONNECTIVITY MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF MANUFACTURING APPLICATION MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF ENERGY & POWER MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF AVIATION MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF HEALTHCARE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF TRANSPORTATION & LOGISTICS MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF OTHERS MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 17. CISCO: NET SALES, 2014-2016 ($MILLION)
FIGURE 18. CISCO: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 19. CISCO: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 20. GE: NET SALES, 2014-2016 ($MILLION)
FIGURE 21. GE: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 22. GE: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 23. INTEL: NET SALES, 2014-2016 ($MILLION)
FIGURE 24. INTEL: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 25. INTEL: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 26. ROCKWELL: NET SALES, 2014-2016 ($MILLION)
FIGURE 27. ROCKWELL: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 28. ROCKWELL: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 29. ABB: NET SALES, 2014-2016 ($MILLION)
FIGURE 30. ABB: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 31. ABB: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 32. TEXAS INSTRUMENTS: NET SALES, 2014-2016 ($MILLION)
FIGURE 33. TEXAS INSTRUMENTS: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 34. TEXAS INSTRUMENTS: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 35. DASSAULT: NET SALES, 2014-2016 ($MILLION)
FIGURE 36. DASSAULT: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 37. DASSAULT: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 38. HONEYWELL: NET SALES, 2014-2016 ($MILLION)
FIGURE 39. HONEYWELL: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 40. HONEYWELL: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 41. HUAWEI: NET SALES, 2014-2016 ($MILLION)
FIGURE 42. HUAWEI: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 43. HUAWEI: REVENUE SHARE BY GEOGRAPHY, 2016(%)
FIGURE 44. IBM: NET SALES, 2014-2016 ($MILLION)
FIGURE 45. IBM: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 46. IBM: REVENUE SHARE BY GEOGRAPHY, 2016(%)

 

The IIoT market holds high potential for the semiconductor industry. The current business scenario is witnessing an increase in the demand for IIoT, particularly in the developing regions. Companies in this industry adopt various innovative techniques to provide customers with advanced and innovative offerings.

Among the analyzed geographical regions, North America is expected to account for the highest revenue in the global market throughout the forecast period (2017-2023) due to innovation in advanced manufacturing technologies such as predictive maintenance, asset performance management, and real time asset monitoring. However, Asia-Pacific is expected to grow at a higher growth rate, due to lucrative opportunities offered by countries such as China, India, Singapore, South Korea, and Japan. Further, government initiatives such as Make in India and Smart Cities Mission enable manufacturers to adopt IoT technologies to improve shop floor operational efficiency, improve quality, and reduce asset downtime in Asia-Pacific.

Some of the significant players that operate in the market and are profiled in the report include Cisco Systems, Inc., General Electric, Intel Corporation, Rockwell Automation, Inc., ABB, Texas Instruments Inc., Dassault Systèmes, Honeywell International Inc., Huawei Technology Co., Ltd., and International Business Machines Corporation (IBM).

 

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