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MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Industrial Internet of Things (IIoT) Market Size, Share, Analysis, Forecast 2023-2028.
The Industrial Internet of Things (IIoT) Market size is estimated to grow at a CAGR of around 23.5% during the forecast period, i.e., 2023-28.
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The adoption of AI & IOT technologies in the manufacturing sector has risen dramatically over the past few years. This is in line with the advent of Industry 4.0. Systems powered by AI & the Internet of Things (IoT), make it possible to optimize manufacturing procedures, give out early warnings, foresee or anticipate equipment or machinery breakdown, and gather comprehensive data, thus helping manufacturers work more fluidly. Additionally, in industrial units, jobs like conditioning monitoring & equipment maintenance are carried out using AI & ML algorithms in the absence of normal personnel. Hence, owing to the listed factors it is anticipated that the integration of AI, ML, and IoT in the industrial sector would drive the Global Industrial Internet of Things Market in the future years as well.
The report has segmented the market into the following categories:
By Components
-Hardware
–Sensors
–RFID
–Industrial Robotics
–Distributed Control Systems
–Condition Monitoring
–Smart Meters
–Electronic Shelf Labels
–Cameras
–Smart Beacons
–Interface Boards
–Yield Monitors
–Guidance and Steering
–Flow & Application Control Devices
–Networking Component
-Software & Services
By Connectivity
-Wired Technologies
–Ethernet
–Modbus
–Profinet
–Foundation Field Bus
-Wireless Technologies
–Wi-Fi
–Zigbee
–Bluetooth
–Cellular Technologies
–Satellite Technologies
By End Users
-Manufacturing
–Automotive
–Machinery
–Food & Beverages
–Chemicals and Materials
–Electrical and Electronics
–Pharmaceuticals
-Energy
-Oil & Gas
-Metal & Mining
-Healthcare
-Retail
-Transportation
-Agriculture
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Market Divided by Region/Country:
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Cisco Systems, Inc., GE, Honeywell, Intel, IBM, ABB, Telefonica, Robert Bosch, Rockwell Automation, Siemens, Accenture, Capgemini, Texas Instrument, ARM Holding, PTC, HCL, Maverick, and Others
Note – If you require specific information not currently addressed in the report’s scope, we will supply it to you as part of the customization process
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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