A Detailed Analysis of Industrial IoT Market by Hardware, Software, and Services Components
Increasing Connected Devices and Digital Transformation Across Industries to Bolster Industrial IoT Market. Read FMI's Recent Report to Gain Valuable Insights from 30+ Countries
The global industrial IoT market size is anticipated to attain immense growth from 2023 to 2033. According to the research report published by FMI, the global market is predicted to surpass a valuation of US$ 442,934.4 million in 2023. It is expected to reach a valuation of US$ 1,392,133.7 million by 2033. The market is foreseen to capture a staggering CAGR of 12.1% from 2023 to 2033.
The adoption of IoT and artificial intelligence, along with government assistance, is boosting the growth of the industrial IoT industry.
The growth of the Industrial IoT market is driven by factors such as technological advancements in semiconductors and electronic devices. Moreover, increased use of cloud computing platforms, and standardization of IPv6.
Attribute
Details
Industrial IoT Market Share (2022)
US$ 400,845.6 million
Industrial IoT Market Share (2023)
US$ 442,934.4 million
Industrial IoT Market Share (2033)
US$ 1,392,133.7 million
Industrial IoT Market Share (2023 to 2033)
12.1%
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Industrial IoT Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)
The global industrial IoT industry size expanded at a striking CAGR of 10.0% from 2018 to 2022. In 2018, the global market size stood at US$ 273,286.8 million. In the following years, the market witnessed monumental growth, accounting for US$ 400,845.6 million in 2022.
Industrial IoT captures enormous volumes of data from connected systems, equipment, and gadgets. By analyzing this data, businesses gain insightful knowledge that is used to improve performance, spot trends, and find abnormalities. Businesses use these insights to make better decisions, run more efficiently, and discover new business prospects. The industrial IoT sector has grown significantly as a result of the development of key technologies including cloud computing, big data analytics, artificial intelligence (AI), and machine learning (ML). These technologies offer the tools and infrastructure required to manage and evaluate the copious amounts of data produced by IIoT devices. To derive actionable insights, and ultimately bolster industrial IoT demand and sales.
What Proliferates the Market?
The adoption of AI and IoT technologies in the manufacturing industry has accelerated since the start of Industry 4.0. Production process optimization, early warnings, quality control, and machine failure prediction are all possible with AI and IoT-integrated systems.
Manufacturers may separate themselves from their competitors by acquiring precise data and developing unique AI applications, enhancing the demand for Industrial IoT. Since the market has grown in size, leading industry players have been able to provide their end users with considerably better industrial IoT features.
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What are the Stumbling Blocks in the Market?
These data transmission components may not be built into machinery in older industrial units, necessitating their external installation. Some legacy equipment may also require modifications to retrofit these components, resulting in additional costs, and hampering the sales of Industrial IoT. One of the significant limitations to the growth of the global market is the ease with which alternative substitutes are available. In addition, the Internet of Things in developing countries may be viewed as one of the critical industrial IoT industry problems facing global agile IoT vendors.
What are the Opportunities Present in the Market?
Over the last five years, AI and IoT technologies have swiftly penetrated the medical sector. Medical wearables have begun to include AI and Internet of Things (IoT) technology, resulting in a more connected hospital ecosystem. According to the industrial IoT sales forecast, the Internet of Things (IoT) is predicted to enter mainstream industry use after years of expectation.
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What are the Challenges Faced by the Market?
The interconnectedness of equipment throughout an industrial manufacturing complex creates security weaknesses, which could lead to operations being compromised. This is because it is impossible to tell where the data is coming from or going from a security standpoint. As a result, the most significant cybersecurity challenge for smart manufacturing on the factory floor is data visibility. For that reason, efficient demand for Industrial IoT should be met.
Category-wise Insights
What is the Segmentation Outlook for the Market?
The global market is divided into three categories based on components, end-use, and region. Despite obstacles, the global IoT industry is predicted to develop at a reasonable rate from 2023 to 2033.
The global market is divided into three categories based on the components: services, software, and hardware. Hardware has the dominant market share and is expected to record a CAGR of 12.3% over the forecast period. In 2022, the hardware segment by components accounted for 53.6% shares in the global market. The backbone of the industrial IoT is networking technology, particularly wireless technology. By linking several machines and sensor nodes to the Internet, these technologies enable machine-to-machine communication. These technologies also allow for the collection of large volumes of data to improve decision-making.
Which Segment is Likely to Lead the Market by End-use?
The global market is divided into three categories based on the end-use: Aviation, transportation, oil & gas, power generation & utility, manufacturing, healthcare, and others. Manufacturing holds the dominant share in the market with a CAGR of 11.1% during the forecast period. In 2022, the manufacturing segment by end-use captured 34.6% shares in the global market. Manufacturing companies are rapidly adopting digital manufacturing technologies, and the Internet of Things (IIoT) plays a critical role in these cutting-edge technologies. The market is expected to develop significantly in the near future, owing to the strategic partnerships and alliances that stakeholders are forming. As well as the growing demand for Industrial IoT to provide flexibility, operational efficacy, and regulatory compliance.
Comparative View of the Adjacent Market
Industrial IoT Market:
Attributes
Industrial IoT Market
CAGR (2023 to 2033)
12.1%
Market Value (2023)
US$ 442,934.4 million
Growth Factor
High demand due to unique AI applications.
Increasing demand for IoT-equipped smart wearables in the medical industry.
Increasing remote monitoring in medicine.
Future Opportunities
Strategic partnerships, mergers, etc., to foster growth opportunities.
Market Trends
The growing integration of AI and IoT technologies in the medical industry.
Industrial Automation Market:
Attributes
Industrial Automation Market
CAGR (2023 to 2033)
7.2%
Market Value (2023)
US$ 40.6 billion
Growth Factor
Surging adoption across the expanding end-use industries.
Increasing demand for high productivity, reduced cost, and fast operations.
Escalating sales due to digital transformation and software capabilities.
Future Opportunities
Growing emphasis on collaboration, partnerships, etc.
Market Trends
Surging adoption of Digital Twin technology.
5G IoT Market:
Attributes
5G IoT Market
CAGR (2023 to 2033)
32%
Market Value (2023)
US$ 4.53 billion
Growth Factor
Rising automation across several industries.
Expanding 5G infrastructure across the world.
Increasing deployment of communication satellites to boost high-speed internet connectivity across the globe.
Surging digitalization aids market growth.
Future Opportunities
Technological advancements in 5G IoT solutions.
Market Trends
Increasing research and development expenditures by market players.
The Internet of Things (IoT) is the networking of numerous physical items with the use of actuators, sensors, and other devices that may gather and communicate data about those objects. The data received from these devices may be examined in the future to help industrial IOT players improve their operations, goods, and services. The ideal application of these Industrial IoT technologies is in many areas of energy optimization. Such as sensors that are distributed around the grid electricity and help utilities monitor energy usage remotely, enhancing the sales of Industrial IoT.
It also accounts for peak times and peak downtimes of industrial IoT participants in the distribution and generation of energy flow. The Industrial Internet of Things (IIoT) market is a rapidly expanding subsector of the Internet of Things (IoT). It focuses on permitting more communication among industrial equipment, software, and personnel, driving the demand for industrial IoT. These smart, sensor-based systems collect data and make automated choices across an industrial network using ultra-low latency connectivity. This is often provided by cloud computing or edge computing, providing opportunities for Industrial IoT.
The market is mostly focused on production-based solutions where automation is critical to success, industrial IoT's capabilities and use cases are rapidly expanding, encouraging the demand for industrial IoT. Industrial IoT is being used to improve operational efficiency in areas such as oil and gas, insurance, manufacturing, transportation, infrastructure, and retail. Wider applications are promoting the demand for industrial IoT. Enterprises all around the world are working together to develop breakthrough industrial IoT solution. As it helps manufacturers cut maintenance costs and avoid unplanned asset downtime.
Country-wise Insights
Which Region Offers High Growth Opportunities in the Coming Years?
Due to the existence of well-established economies in this region, the North American region is predicted to hold the dominant share of US$ 302.4 billion in the global market. This allows them to invest much in research and development. The growing acceptance of various smart connected devices and rapid digitalization throughout the IoT industry's verticals, and advancements in technological sectors have boosted the IoT industry's growing demand in the North American region. In 2022, North America captured 27.4% shares in the global market. The United States garnered 16.3% shares in the global market.
The United Kingdom has the second-prominent market size of US$ 142.7 billion in the market. In 2022, the United Kingdom captured 13.2% shares in the global market. Owing to the rapid developments of IOTs in these regions, the European and Asia Pacific regions are expected to see significant growth. The region's growing population, rising research and development investments, and international and domestic IT businesses increased focus on the growth of big data analytics and cloud-based services may boost the market's growth.
Country
CAGR Share in Global Market (2022)
United States
16.3%
United Kingdom
13.2%
China
12.8%
Japan
7.3%
India
14.3%
What is the Competitive Outlook of the Market?
The competitive landscape of the IoT industry provides details on the total economic profit of vendors and companies. The sales and revenues generated in this industry, the IoT share of the worldwide market, the business organization overview, the launch of new products, and the opportunities of the market.
Recent Developments Observed by FMI:
In February 2022, Lantronix unveiled its G520 Series Smart cellular IoT devices and services, which are application-specific industrial IoT solutions that solve issues in the Industry 4.0, Security, and Transport segments.
In June 2021, seven new solutions were introduced by Qualcomm Technologies as part of an expansion of its support for the IoT ecosystem. These solutions include Qualcomm QCS8250, Qualcomm QCS6490/ QCM6490, Qualcomm QCS4290/ QCM4290, and Qualcomm QCS2290/ QCM2290.
Intel, in collaboration with John Deere, introduced AI technology to help fix an expensive, long-standing problem in the production welding process in April 2021. In its manufacturing facilities, Deere is testing a system that employs computer vision to automatically recognize frequent errors in the automated welding process.
In February 2021, Cisco and Newark, an Avnet Company, established a partnership to provide clients in North America with industrial IoT network solutions for tough and non-carpeted environments.
Plataine announced a partnership with SAP in March 2021 to integrate industrial IoT and AI-based tools for digital manufacturing into its business offering. Plataine's cloud-based IIoT and AI-based digital manufacturing software are now accessible on SAP Store. This merged with SAP App Center to create a unified digital store for SAP and partner offerings.
Key Players in the Global Market
IBM Corporation
Intel Corporation
Schneider Electric SE
General Electric Company
Emerson Electric
Scope of the Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ million for Value
Key Regions Covered
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa (MEA)
Key Countries Covered
United States
Canada
Germany
United Kingdom
Nordic
Russia
BENELUX
Poland
France
Spain
Italy
Czech Republic
Hungary
Rest of EMEAI
Brazil
Peru
Argentina
Mexico
South Africa
Northern Africa
GCC Countries
China
Japan
South Korea
India
ASEAN
Thailand
Malaysia
Indonesia
Australia
New Zealand
Others
Key Segments Covered
Components
End Use
Region
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Industrial IoT Market Segmentation
By Components:
Hardware
Software
Services
By End Use:
Aviation
Transportation
Oil & Gas
Power Generation & Utility
Manufacturing
Healthcare
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa (MEA)
Frequently Asked Questions
What trends are shaping the growth of the Industrial IoT market?
Trends include edge computing, AI-driven analytics, and convergence of IT and operational technology systems.
How does the Industrial IoT impact manufacturing processes?
It enables predictive maintenance, real-time monitoring, and automation, leading to reduced downtime and optimized production.
What role does data security play in the Industrial IoT?
Data security is critical due to vulnerabilities in connected systems; robust cybersecurity measures are essential to prevent breaches.
What industries are adopting Industrial IoT solutions?
Industries like manufacturing, energy, healthcare, logistics, and agriculture are integrating IIoT solutions to enhance operational efficiency.
How does the Industrial IoT influence supply chain management?
IIoT technologies improve supply chain visibility, tracking, and optimization, enabling better inventory management and reducing inefficiencies.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Components
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Components, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Components, 2023 to 2033
5.3.1. Hardware
5.3.2. Software
5.3.3. Services
5.4. Y-o-Y Growth Trend Analysis By Components, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Components, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By End Use, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End Use, 2023 to 2033
6.3.1. Aviation
6.3.2. Transportation
6.3.3. Oil & Gas
6.3.4. Power Generation & Utility
6.3.5. Manufacturing
6.3.6. Healthcare
6.3.7. Others
6.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. South Asia
7.3.5. East Asia
7.3.6. Oceania
7.3.7. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Components
8.2.3. By End Use
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Components
8.3.3. By End Use
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Components
9.2.3. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Components
9.3.3. By End Use
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Components
10.2.3. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Components
10.3.3. By End Use
10.4. Key Takeaways
11. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. India
11.2.1.2. Malaysia
11.2.1.3. Singapore
11.2.1.4. Thailand
11.2.1.5. Rest of South Asia
11.2.2. By Components
11.2.3. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Components
11.3.3. By End Use
11.4. Key Takeaways
12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Components
12.2.3. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Components
12.3.3. By End Use
12.4. Key Takeaways
13. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Australia
13.2.1.2. New Zealand
13.2.2. By Components
13.2.3. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Components
13.3.3. By End Use
13.4. Key Takeaways
14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Components
14.2.3. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Components
14.3.3. By End Use
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Components
15.1.2.2. By End Use
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Components
15.2.2.2. By End Use
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Components
15.3.2.2. By End Use
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Components
15.4.2.2. By End Use
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Components
15.5.2.2. By End Use
15.6. United Kingdom
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Components
15.6.2.2. By End Use
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Components
15.7.2.2. By End Use
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Components
15.8.2.2. By End Use
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Components
15.9.2.2. By End Use
15.10. India
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Components
15.10.2.2. By End Use
15.11. Malaysia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Components
15.11.2.2. By End Use
15.12. Singapore
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Components
15.12.2.2. By End Use
15.13. Thailand
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Components
15.13.2.2. By End Use
15.14. China
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Components
15.14.2.2. By End Use
15.15. Japan
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Components
15.15.2.2. By End Use
15.16. South Korea
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Components
15.16.2.2. By End Use
15.17. Australia
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Components
15.17.2.2. By End Use
15.18. New Zealand
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Components
15.18.2.2. By End Use
15.19. GCC Countries
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Components
15.19.2.2. By End Use
15.20. South Africa
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Components
15.20.2.2. By End Use
15.21. Israel
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Components
15.21.2.2. By End Use
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Components
16.3.3. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. IBM Corporation
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Intel Corporation
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Schneider Electric SE
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. General Electric Company
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Emerson Electric
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Huawei
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Cisco
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Rockwell Automation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. ABB
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. Honeywell
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
18. Assumptions & Acronyms Used19. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 4: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: Latin America Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 10: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 11: Europe Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 12: Europe Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 13: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: South Asia Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 15: South Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 16: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 17: East Asia Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 18: East Asia Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Oceania Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 21: Oceania Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Table 22: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 23: MEA Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 24: MEA Market Value (US$ Million) Forecast by End Use, 2018 to 2033
Find your sweet spots for generating winning opportunities in this market.
List of Charts
Figure 1: Global Market Value (US$ Million) by Components, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by End Use, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 7: Global Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 13: Global Market Attractiveness by Components, 2023 to 2033
Figure 14: Global Market Attractiveness by End Use, 2023 to 2033
Figure 15: Global Market Attractiveness by Region, 2023 to 2033
Figure 16: North America Market Value (US$ Million) by Components, 2023 to 2033
Figure 17: North America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 18: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 23: North America Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 24: North America Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 28: North America Market Attractiveness by Components, 2023 to 2033
Figure 29: North America Market Attractiveness by End Use, 2023 to 2033
Figure 30: North America Market Attractiveness by Country, 2023 to 2033
Figure 31: Latin America Market Value (US$ Million) by Components, 2023 to 2033
Figure 32: Latin America Market Value (US$ Million) by End Use, 2023 to 2033
Figure 33: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 41: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 43: Latin America Market Attractiveness by Components, 2023 to 2033
Figure 44: Latin America Market Attractiveness by End Use, 2023 to 2033
Figure 45: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 46: Europe Market Value (US$ Million) by Components, 2023 to 2033
Figure 47: Europe Market Value (US$ Million) by End Use, 2023 to 2033
Figure 48: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 52: Europe Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 53: Europe Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 55: Europe Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 56: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 57: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 58: Europe Market Attractiveness by Components, 2023 to 2033
Figure 59: Europe Market Attractiveness by End Use, 2023 to 2033
Figure 60: Europe Market Attractiveness by Country, 2023 to 2033
Figure 61: South Asia Market Value (US$ Million) by Components, 2023 to 2033
Figure 62: South Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 63: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 64: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 65: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 66: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 67: South Asia Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 68: South Asia Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 69: South Asia Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 70: South Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 71: South Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 72: South Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 73: South Asia Market Attractiveness by Components, 2023 to 2033
Figure 74: South Asia Market Attractiveness by End Use, 2023 to 2033
Figure 75: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 76: East Asia Market Value (US$ Million) by Components, 2023 to 2033
Figure 77: East Asia Market Value (US$ Million) by End Use, 2023 to 2033
Figure 78: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 79: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 80: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 81: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 82: East Asia Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 83: East Asia Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 84: East Asia Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 85: East Asia Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 86: East Asia Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 88: East Asia Market Attractiveness by Components, 2023 to 2033
Figure 89: East Asia Market Attractiveness by End Use, 2023 to 2033
Figure 90: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 91: Oceania Market Value (US$ Million) by Components, 2023 to 2033
Figure 92: Oceania Market Value (US$ Million) by End Use, 2023 to 2033
Figure 93: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 97: Oceania Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 98: Oceania Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 100: Oceania Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 101: Oceania Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 102: Oceania Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 103: Oceania Market Attractiveness by Components, 2023 to 2033
Figure 104: Oceania Market Attractiveness by End Use, 2023 to 2033
Figure 105: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 106: MEA Market Value (US$ Million) by Components, 2023 to 2033
Figure 107: MEA Market Value (US$ Million) by End Use, 2023 to 2033
Figure 108: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 112: MEA Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 113: MEA Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 114: MEA Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 115: MEA Market Value (US$ Million) Analysis by End Use, 2018 to 2033
Figure 116: MEA Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033
Figure 117: MEA Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033
Figure 118: MEA Market Attractiveness by Components, 2023 to 2033
Figure 119: MEA Market Attractiveness by End Use, 2023 to 2033
Figure 120: MEA Market Attractiveness by Country, 2023 to 2033
