Industrial IoT Platform Market

Industrial IoT Platform Market

  • July 2016 •
  • 116 pages •
  • Report ID: 4062656 •
  • Format: PDF
Industrial IoT Platform Market : Benefits for Industrial Operations

The manufacturing sector is going through an exciting time. Technology trends are changing the way consumers buy products. Manufacturers are keen to stay ahead and remain competitive as some are struggling to keep up. By connecting localized systems using sensors, managers can get a complete view of their plant and optimize operations. Implementing industrial IoT is not about changing a firm’s operational technology, but reaping incremental improvements and utilizing existing infrastructure. The study includes detailed market analysis, key drivers and restraints, Proof of Concept projects, and important opportunities, along with vendor analysis.

Key Questions This Study Will Answer

What is IIoT and what does it do for industrial facilities?
What are the various use cases of IoT?
What are the possible outcomes that IoT can achieve?
Is the IIoT market growing fast enough?
How fast is IIoT growing across various APAC countries?
What are the vendors doing to address the demand for IIoT?

IoT is defined as:

- Virtualization of ubiquitous objects
- Endowing physical and virtual objects with an identity
- Interconnecting the objects for the purpose of interacting with or monitoring them

For the purpose of this report, IoT used in an industrial setting will be referred to as IIoT. It is also referred to as Industry 4.0 in the market.