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IIoT Platform Market by Platforms (Device Management, Application Enablement, & Connectivity Management), Services, Application (Predictive Maintenance, Process Optimization, & Automation Control), Vertical and Region - Global Forecast to 2028

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Date: 26-Jun-2023
No. of pages: 282
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The growing demand for automation in industries

The IIoT platform market size is projected to grow from USD 9.5 billion in 2023 to USD 18.2 billion in 2028 at a Compound Annual Growth Rate (CAGR) of 13.9% the increasing adoption of IoT devices and sensors in industrial settings, and the growing demand for real-time data analytics

Based on offering, the platform segment is expected to lead the IIoT platform market during the forecast period

IIoT platforms connect various devices, sensors, machines, routers, controllers, gateways, and edge computing systems centrally to streamline business processes and increase operational efficiency. The IIoT platform can be consumed as a technology suite, an open, general-purpose application platform, or both in conjunction. IIoT platforms are engineered to support the safety, security, and mission-criticality requirements associated with industrial assets and their operating environments. In addition, IIoT platforms monitor IoT endpoints and event streams, and support and translate various manufacturer and industry proprietary protocols. IIoT platform also analyzes data at the IoT edge and in the cloud.

Based on platforms, the application enablement platform segment is expected to grow at a higher CAGR during the forecast period

The application enablement platform is designed to ease the management of various applications, including packing, deployment, and a containerized Software-Defined Environment (SDE). The application enablement platform helps manage distinct application provisioning and ensure application-level security services. Moreover, application enablement platforms are being deployed to address the needs, such as intelligent product enhancements, dynamic response to market demands, lower costs, optimized resource use, and waste reduction.

Based on services, the support and maintenance segment is expected to lead the IIoT platform market during the forecast period

The support and maintenance service segment in the IIoT platform market is driven by the complexity of IIoT systems, the need for technical expertise, the continuous improvement of platforms, the requirement for high reliability and minimal downtime, security and risk mitigation, compliance and regulatory adherence, and performance optimization.

Based on application area, the asset management segment is expected to lead the IIoT platform market during the forecast period

With the explosion of low-cost sensors, location-based services with GPS, affordable connectivity, and gateways, more and more assets are being equipped with tracking devices, sensors, and actuators, thus providing a centralized connection to the IIoT platform. IIoT platform-enabled asset management solutions minimize these risks by updating component locations as soon as they arrive. Asset management is instrumental in managing physical assets and equipment performance on the manufacturing floor. Protecting physical assets, such as plants, machinery, and fleet, is the backbone of manufacturing operations. The asset management industrial application is crucial, as it provides a unified view of operations to all stakeholders and is instrumental in maintaining the effectiveness of manufacturing enterprises.

Based on vertical, the discrete industry segment is expected to grow at a higher CAGR during the forecast period

The discrete industry manufactures and produces distinct units, such as automobiles, furniture, toys, smartphones, and airplanes. Discrete industry comprises a variety of verticals, such as automotive, machine manufacturing, semiconductor and electronics, medical devices, and logistics and transportation. IIoT platforms help these industries by offering solutions, such as predictive management, workforce tracking, and logistics and supply chain management, which enable organizations to improve operational efficiency, enhance asset life, and reduce downtime.

APAC is expected to grow at a higher CAGR during the forecast period

APAC is the fastest-growing region in the IIoT platform market; this growth can be attributed to the significant adoption of advanced technologies, the proliferation of IoT-enabled devices, continuously enhancing network connectivity, and government initiatives for IoT. From a spending point of view, China is the top spender on IoT in the region, followed by South Korea and India. APAC is a strong adopter of IoT-based devices due to its unique combination of government advocacy, manufacturing roots, and R&D know-how. APAC is taking aggressive initiatives to leverage the IT infrastructure, enabling commercial users to adopt the IIoT platform. The presence of IoT vendors, such as TATA Communications, Wipro, Samsung, and Hitachi, is one factor driving the IIoT platform's growth in APAC. The growth potential in APAC is attracting international IoT vendors to offer their IIoT platform in the region.


  • By Company Type: Tier 1 – 62%, Tier 2 – 23%, and Tier 3 – 15%

  • By Designation: C-level – 38%, Directors – 30%,and Others – 32%

  • By Region: North America – 40%,Europe– 15%, APAC– 35%,MEA – 5%, Latin America– 5%.


Some prominent players profiled in the study include Software AG (Germany), PTC  (US), Hitachi (Japan), IBM (US), Microsoft (US), Cisco (US), Intel (US), SAP (Germany), Siemens AG(Germany), Accenture (US), Atos  (France), Amazon Web Services (US), Oracle (US), Bosch.IO (US), Schneider Electric (France), Davra Networks (US), Eurotech (Italy), Altizon (US), QiO Technologies (UK), Litmus Automation (US), ROOTCLOUD (China), Augury (US), Braincube (France), UnifyTwin (US), and Samsara (US).

Research coverage

The market study covers IIoT platform market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as offering (platforms and services), application area (asset management, supply chain management, business process optimization, workforce management, automation control, and emergency and incident management), vertical (process industry and discrete industry), and regions. The platforms segment is further segmented into device management, application enablement, and connectivity management platforms. The services segment is further segmented into consulting services, system integration and deployment, and support and maintenance. The process industry segment is further segmented into energy and utilities, chemical and materials, food and beverages, and others (pharmaceutical, mining and metals, and pulp and paper) and the discrete industry segment is further segmented into automotive, machine manufacturing, semiconductor and electronics, medical devices, and logistics and transportation and others. The regional analysis of the IIoT platform market covers North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report would help the market leaders and new entrants in the following ways:


  • It comprehensively segments the IIoT platform market and provides the closest approximations of the revenue numbers for the overall market and its sub segments across different regions.

  • It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities.

  • It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape includes a competitor ecosystem, new service developments, partnerships, and mergers and acquisitions.


The report provides insights on the following pointers:


  • Analysis of key drivers (Rising need for centralized monitoring and predictive maintenance of assets, growing demand for automation in industries, proliferation of IoT devices), restraints (absence of standardization in IoT protocols, integration with the traditional systems and lack of technically skilled workforce opportunities (rising demand for IoT-enabled digital transformation of businesses, shift from on-premises to cloud-based data management strategy) influencing the growth of the IIoT platform.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in IIoT platform.

  • Market Development: Comprehensive information about lucrative markets – the report analyses the IIoT platform market across varied regions.

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the IIoT platform market.

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Software AG (Germany), PTC  (US), Hitachi (Japan), IBM (US), Microsoft (US), Cisco (US), Intel (US), SAP (Germany), Siemens AG(Germany), Accenture (US), Atos  (France), Amazon Web Services (US), Oracle (US), Bosch.IO (US), Schneider Electric (France), Davra Networks (US), Eurotech (Italy), Altizon (US), QiO Technologies (UK), Litmus Automation (US), ROOTCLOUD (China), Augury (US), Braincube (France), UnifyTwin (US), and Samsara (US).

IIoT Platform Market by Platforms (Device Management, Application Enablement, & Connectivity Management), Services, Application (Predictive Maintenance, Process Optimization, & Automation Control), Vertical and Region - Global Forecast to 2028

Table Of Contents

1 Introduction 43
1.1 Study Objectives 43
1.2 Market Definition 43
1.2.1 Inclusions And Exclusions 43
1.3 Study Scope 44
1.3.1 Market Segmentation 44
1.3.2 Regions Covered 45
1.3.3 Years Considered 45
1.4 Currency Considered 45
Table 1 Usd Exchange Rates, 2020–2022 46
1.5 Stakeholders 46
1.6 Summary Of Changes 46

2 Research Methodology 47
2.1 Research Data 47
Figure 1 IIoT Platform Market: Research Design 47
2.1.1 Secondary Data 48
2.1.2 Primary Data 48
2.1.2.1 Breakup Of Primaries 48
Table 2 Primary Interviews 49
2.1.2.2 Key Industry Insights 49
2.2 Market Breakdown And Data Triangulation 50
Figure 2 Data Triangulation 50
2.3 Market Size Estimation 51
2.3.1 Top-Down Approach 51
Figure 3 IIoT Platform Market Size Estimation: Top-Down Approach - Supply-Side Analysis 51
2.3.2 Bottom-Up Approach 52
Figure 4 IIoT Platform Market Size Estimation: Bottom-Up Approach And Supply-Side Analysis (1/2) 52
Figure 5 IIoT Platform Market Size Estimation: Bottom-Up Approach And Supply-Side Analysis (2/2) 53
2.4 Market Forecast 53
Table 3 Factor Analysis 53
2.5 Research Assumptions 54
2.6 Study Limitations 55

3 Executive Summary 56
Figure 6 Asia Pacific To Grow At Highest Cagr During The Forecast Period 57
Figure 7 IIoT Platform Market, By Region, 2023 58

4 Premium Insights 60
4.1 Attractive Opportunities In IIoT Platform Market 60
Figure 8 Growing Need For Advanced Monitoring Solutions To Drive Growth Of IIoT Platform Market 60
4.2 North America IIoT Platform Market 60
Figure 9 Platforms And Us To Hold Larger Market Shares In 2023 60
4.3 Asia Pacific IIoT Platform Market 61
Figure 10 Platforms To Hold The Larger Share And China To Account For Largest Market Share In 2020 61
4.4 IIoT Platform Market, By Country 61
Figure 11 China To Witness Highest Growth Rate During The Forecast Period 61

5 Market Overview And Industry Trends 62
5.1 Market Overview 62
5.2 Market Dynamics 62
Figure 12 Drivers, Restraints, Opportunities, And Challenges: IIoT Platform Market 63
5.2.1 Drivers 63
5.2.1.1 Increased Need For Centralized Monitoring And Predictive Maintenance Of Assets 63
5.2.1.2 Rise In Demand For Automation Across Industries 64
5.2.1.3 Proliferation Of Iot Devices 64
5.2.1.4 Rise In Number Of Cost-Effective Connected Devices And Sensors 64
5.2.1.5 Increased Iot-Related Government Initiatives And R&D Activities Worldwide 65
5.2.1.6 Emergence Of Internet Protocol Version 6 65
5.2.2 Restraints 66
5.2.2.1 Lack Of Standardization In Iot Protocols 66
5.2.2.2 Complications Related To Integration With Legacy Systems And Lack Of Skilled Workforce 66
5.2.3 Opportunities 67
5.2.3.1 Rise In Demand For Iot-Enabled Digital Transformation In Businesses Across Verticals 67
5.2.3.2 Shift From On-Premises To Cloud-Based Data Management Strategy 67
5.2.3.3 Emergence Of 5g Technology 68
5.2.3.4 Increased Demand For System Integrators 68
5.2.4 Challenges 68
5.2.4.1 Issues Related To Data Security And Privacy 68
5.2.4.2 Interoperability Issues Related To Legacy Infrastructure And Communication Networks 69
5.2.4.3 Requirement Of High Initial Investments In Implementing IIoT Platforms 69
Table 4 Impact Analysis: Drivers And Opportunities 69
Table 5 Impact Analysis: Restraints And Challenges 70
Table 6 Cumulative Growth Analysis 70
5.3 Case Study Analysis 71
5.3.1 Use Case 1: Cisco Helped Sentryo Manage Security And Visibility In Its Manufacturing Operations 71
5.3.2 Use Case 2: Ibm Helped Shenzhen China Star Optoelectronics Technology Co., Ltd. Improve Production Quality And Throughput 71
5.3.3 Use Case 3: Microsoft Helped Legrand Achieve Smart Building Innovations With Open Iot 72
5.3.4 Use Case 4: Ptc Helped Quant Transform Its Business Of Factory Services 72
5.3.5 Use Case 4: Bosch.Io Helped Holmer Utilize Bosch Iot Suite To Gain Valuable Insights Into Its Agricultural Iot Data 73
5.4 Technology Analysis 73
5.4.1 Introduction 73
5.4.2 Digital Twin 73
5.4.3 Edge Computing 74
5.4.4 5g 74
5.4.5 Mqtt Protocol 74
5.4.6 Augmented Reality 75
5.4.7 Disruptions Impacting Buyers/Clients In IIoT Platform Market 75
Figure 13 IIoT Platform Market: Disruptions Impacting Buyers/Clients 75
5.5 Ecosystem 76
Figure 14 IIoT Platform Ecosystem 76
Table 7 Ecosystem: IIoT Platform Market 76
5.5.1 Oem Manufacturers 77
5.5.2 Connectivity Service Providers 78
5.5.3 IIoT Platform Providers 78
5.5.4 Service Providers 78
5.5.5 End Users/Applications 78
5.6 Value Chain Analysis 78
Figure 15 IIoT Platform Market: Value Chain 79
5.7 Porter’s Five Forces Model 79
Table 8 Porter’s Five Forces Analysis: IIoT Platform Market 79
5.7.1 Threat Of New Entrants 80
5.7.2 Threat Of Substitutes 80
5.7.3 Bargaining Power Of Buyers 80
5.7.4 Bargaining Power Of Suppliers 80
5.7.5 Degree Of Competition 81
5.8 Key Stakeholders And Buying Criteria 81
5.8.1 Key Stakeholders In Buying Process 81
Figure 16 Influence Of Stakeholders On Buying Process For Top Three Verticals 81
Table 9 Influence Of Stakeholders On Buying Process For Top Three Verticals 81
5.8.2 Buying Criteria 82
Figure 17 Key Buying Criteria For Top Three Verticals 82
Table 10 Key Buying Criteria For Top Three Verticals 82
5.9 Average Selling Price Trend 82
5.10 Patent Analysis 84
5.10.1 Methodology 84
5.10.2 Document Types 84
Figure 18 Number Of Patents Granted In Yearly Over Last 3 Years, 2021–2023 84
5.10.2.1 Top Applicants 85
Figure 19 Top Ten Patent Applicants With Highest Number Of Patent Applications, 2021–2023 85
Table 11 Patents Granted To Vendors In IIoT Platform Market 85
5.11 Key Conferences And Events In 2023 86
Table 12 IIoT Platform Market: Detailed List Of Conferences And Events 86
5.12 Regulatory Implications 87
5.12.1 Iso Standards 87
5.12.1.1 Iso/Iec Jtc 1 87
5.12.1.2 Iso/Iec 27001 87
5.12.1.3 Iso/Iec 19770 87
5.12.1.4 Iso/Iec Jtc 1/Swg 5 87
5.12.1.5 Iso/Iec Jtc 1sc 31 87
5.12.1.6 Iso/Iec Jtc 1/Sc 27 87
5.12.1.7 Iso/Iec Jtc 1/Wg 7 88
5.12.2 General Data Protection Regulation 88
5.12.3 Institute Of Electrical And Electronics Engineers 88
5.12.4 Cen/Iso 88
5.12.5 Cen/Cenelec 88
5.12.6 European Telecommunications Standards Institute 88
5.12.7 Itu-T 89
5.13 History Of IIoT Platform 89
5.14 Best Practices Followed While Adopting IIoT Platforms 90
5.15 Future Direction Of IIoT Platform Market 90
5.15.1 IIoT Platform Market Roadmap Till 2030 90
5.15.1.1 Short-Term (2023-2025) 90
5.15.1.2 Mid-Term (2026-2028) 91
5.15.1.3 Long-Term (2029-2030) 91

6 IIoT Platform Market, By Offering 93
6.1 Introduction 94
Figure 20 Services Segment To Grow At Higher Cagr During Forecast Period 94
Table 13 IIoT Platform Market Size, By Offering, 2018–2022 (Usd Million) 94
Table 14 IIoT Platform Market Size, By Offering, 2023–2028 (Usd Million) 94
6.2 Platforms 95
6.2.1 Need To Identify, Analyze, And Optimize Industrial Data To Drive Segment 95
6.2.2 Platforms: IIoT Platform Market Drivers 95
Table 15 IIoT Platform Market Size, By Platforms, 2018–2022 (Usd Million) 95
Table 16 IIoT Platform Market Size, By Platforms, 2023–2028 (Usd Million) 95
Table 17 Platforms: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 96
Table 18 Platforms: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 96
6.2.3 Device Management Platform 96
6.2.3.1 Rise In Number Of Connected Devices To Drive Segment 96
6.2.3.2 Device Management Platform: IIoT Platform Market Drivers 96
Table 19 Device Management Platform: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 97
Table 20 Device Management Platform: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 97
6.2.4 Application Enablement Platform 97
6.2.4.1 Need To Drive Innovation And Achieve Operational Excellence To Propel Segment 97
6.2.4.2 Application Enablement Platform: IIoT Platform Market Drivers 97
Table 21 Application Enablement Platform: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 98
Table 22 Application Enablement Platform: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 98
6.2.5 Connectivity Management Platform 98
6.2.5.1 Increased Requirement For Common Platform To Manage Entire Network To Boost Segment 98
6.2.5.2 Connectivity Management Platform: IIoT Platform Market Drivers 98
Table 23 Connectivity Management Platform: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 99
Table 24 Connectivity Management Platform: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 99
6.3 Services 99
6.3.1.1 Improved Business Operations To Drive Segment 99
6.3.2 Services: IIoT Platform Market Drivers 99
Table 25 IIoT Platform Market Size, By Services, 2018–2022 (Usd Million) 100
Table 26 IIoT Platform Market Size, By Services, 2023–2028 (Usd Million) 100
Table 27 Services: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 100
Table 28 Services: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 100
6.3.3 Consulting Services 101
6.3.3.1 Need To Identify Right Platform And Reduce Complexities To Drive Segment 101
6.3.3.2 Consulting Services: IIoT Platform Market Drivers 101
Table 29 Consulting Services: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 101
Table 30 Consulting Services: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 101
6.3.4 System Integration And Deployment 102
6.3.4.1 Need To Upgrade Existing Business Operations To Drive Segment 102
6.3.4.2 System Integration And Deployment: IIoT Platform Market Drivers 102
Table 31 System Integration And Deployment: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 102
Table 32 System Integration And Deployment: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 102
6.3.5 Support And Maintenance 103
6.3.5.1 Requirement For Proactive Monitoring And Remote Diagnostics To Drive Segment 103
6.3.5.2 Support And Maintenance: IIoT Platform Market Drivers 103
Table 33 Support And Maintenance: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 103
Table 34 Support And Maintenance: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 103

7 IIoT Platform Market, By Application Area 104
7.1 Introduction 105
Figure 21 Supply Chain Management Segment To Grow At Highest Cagr During Forecast Period 105
Table 35 IIoT Platform Market Size, By Application Area, 2018–2022 (Usd Million) 105
Table 36 IIoT Platform Market Size, By Application Area, 2023–2028 (Usd Million) 106
7.2 Asset Management 106
7.2.1 Increased Focus On Optimizing Asset Utilization To Propel Segment 106
7.2.2 Asset Management: IIoT Platform Market Drivers 106
Table 37 IIoT Platform Market Size, By Asset Management, 2018–2022 (Usd Million) 107
Table 38 IIoT Platform Market Size, By Asset Management, 2023–2028 (Usd Million) 107
Table 39 Asset Management: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 107
Table 40 Asset Management: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 107
7.2.3 Condition Monitoring 108
7.2.3.1 Need To Enhance Equipment Reliability And Reduce Unplanned Downtime To Boost Segment 108
Table 41 Condition Monitoring: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 108
Table 42 Condition Monitoring: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 108
7.2.4 Predictive Maintenance 109
7.2.4.1 Extensive Use To Minimize Maintenance Costs To Propel Segment 109
Table 43 Predictive Maintenance: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 109
Table 44 Predictive Maintenance: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 109
7.3 Supply Chain Management 110
7.3.1 Use In Improving Supply Chain Operations To Drive Segment 110
7.3.2 Supply Chain Management: IIoT Platform Market Drivers 110
Table 45 Supply Chain Management: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 110
Table 46 Supply Chain Management: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 111
7.4 Business Process Optimization 111
7.4.1 Need To Streamline Business Operations To Boost Segment 111
7.4.2 Business Process Optimization: IIoT Platform Market Drivers 111
Table 47 Business Process Optimization: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 111
Table 48 Business Process Optimization: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 112
7.5 Workforce Management 112
7.5.1 Data-Driven Decision-Making Capabilities And Improved Workforce Allocation To Drive Segment 112
7.5.2 Workforce Management: IIoT Platform Market Drivers 112
Table 49 Workforce Management: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 113
Table 50 Workforce Management: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 113
7.6 Automation Control 113
7.6.1 Enhanced Productivity And Improved Equipment Performance To Boost Segment 113
7.6.2 Automation Control: IIoT Platform Market Drivers 114
Table 51 Automation Control: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 114
Table 52 Automation Control: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 114
7.7 Emergency And Incident Management 114
7.7.1 Increased Adoption In Preventing Fatal Accidents To Drive Segment 114
7.7.2 Emergency And Incident Management: IIoT Platform Market Drivers 115
Table 53 Emergency And Incident Management: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 115
Table 54 Emergency And Incident Management: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 115

8 IIoT Platform Market, By Vertical 116
8.1 Introduction 117
Figure 22 Discrete Industry Segment To Grow At Higher Cagr During Forecast Period 117
Table 55 IIoT Platform Market Size, By Vertical, 2018–2022 (Usd Million) 117
Table 56 IIoT Platform Market Size, By Vertical, 2023–2028 (Usd Million) 117
8.2 Process Industry 118
8.2.1 Improved Operational Effeciency Across Processes To Boost Segment 118
8.2.2 Process Industry: IIoT Platform Market Drivers 118
Table 57 IIoT Platform Market Size, By Process Industry, 2018–2022 (Usd Million) 118
Table 58 IIoT Platform Market Size, By Process Industry, 2023–2028 (Usd Million) 118
Table 59 Process Industry: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 119
Table 60 Process Industry: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 119
8.2.3 Energy And Utilities 119
8.2.3.1 Demand For Energy Efficiency And Grid Optimization To Propel Segment 119
8.2.3.2 Energy And Utilities: Use Cases 120
8.2.3.2.1 Smart Grid Management 120
8.2.3.2.2 Asset Monitoring And Maintenance 120
8.2.3.2.3 Energy Optimization 120
8.2.3.2.4 Remote Monitoring And Control 120
8.2.3.2.5 Renewable Energy Integration 120
8.2.3.2.6 Water Management 120
8.2.3.2.7 Safety And Security 120
Table 61 Energy And Utilities: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 121
Table 62 Energy And Utilities: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 121
8.2.4 Chemicals And Materials 121
8.2.4.1 Need For Enhanced Safety And Operational Efficiency To Drive Segment 121
8.2.4.2 Chemicals And Materials: Use Cases 122
8.2.4.2.1 Predictive Maintenance 122
8.2.4.2.2 Supply Chain Optimization 122
8.2.4.2.3 Environmental Monitoring 122
8.2.4.2.4 Quality Control And Process Optimization 122
8.2.4.2.5 Energy Management 122
8.2.4.2.6 Remote Operations And Control 122
8.2.4.2.7 Safety And Security 122
Table 63 Chemicals And Materials: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 123
Table 64 Chemicals And Materials: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 123
8.2.5 Food And Beverages 123
8.2.5.1 Requirement To Maintain Food Safety And Regulatory Compliances To Boost Segment 123
8.2.5.2 Food And Beverages: Use Cases 124
8.2.5.2.1 Supply Chain Traceability 124
8.2.5.2.2 Cold Chain Monitoring 124
8.2.5.2.3 Quality Control And Shelf-Life Optimization 124
8.2.5.2.4 Energy And Resource Management 124
8.2.5.2.5 Smart Vending And Retail 124
8.2.5.2.6 Food Safety And Compliance 124
8.2.5.2.7 Smart Packaging And Labeling 125
Table 65 Food And Beverages: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 125
Table 66 Food And Beverages: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 125
8.2.6 Others 125
Table 67 Other Process Industry: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 126
Table 68 Other Process Industry: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 126
8.3 Discrete Industry 126
8.3.1 Extensive Use To Enhance Asset Life And Reduce Downtime To Drive Segment 126
8.3.2 Discrete Industry: IIoT Platform Market Drivers 126
Table 69 IIoT Platform Market Size, By Discrete Industry, 2018–2022 (Usd Million) 127
Table 70 IIoT Platform Market Size, By Discrete Industry, 2023–2028 (Usd Million) 127
Table 71 Discrete Industry: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 127
Table 72 Discrete Industry: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 128
8.3.3 Automotive 128
8.3.3.1 Rise In Demand For Use In Connected Cars To Boost Segment 128
8.3.3.2 Automotive: Use Cases 128
8.3.3.2.1 Predictive Maintenance 128
8.3.3.2.2 Fleet Management And Optimization 128
8.3.3.2.3 Supply Chain Visibility 128
8.3.3.2.4 Quality Control And Defect Detection 129
8.3.3.2.5 Connected Car Services 129
8.3.3.2.6 Safety And Security 129
8.3.3.2.7 Energy Efficiency And Sustainability 129
Table 73 Automotive: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 129
Table 74 Automotive: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 130
8.3.4 Machine Manufacturing 130
8.3.4.1 Extensive Use In Optimizing Production Processes And Improving Equipment Performance To Drive Segment 130
8.3.4.2 Machine Manufacturing: Use Cases 130
8.3.4.2.1 Remote Monitoring And Predictive Maintenance 130
8.3.4.2.2 Asset And Inventory Management 130
8.3.4.2.3 Quality Control And Process Optimization 131
8.3.4.2.4 Production Line Optimization 131
8.3.4.2.5 Supply Chain Integration And Collaboration 131
8.3.4.2.6 Energy Efficiency And Sustainability 131
8.3.4.2.7 Worker Safety And Ergonomics 131
Table 75 Machine Manufacturing: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 132
Table 76 Machine Manufacturing: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 132
8.3.5 Semiconductor And Electronics 132
8.3.5.1 Increased Demand For Smart Manufacturing And Predictive Maintenance To Drive Segment 132
8.3.5.2 Semiconductor And Electronics: Use Cases 133
8.3.5.2.1 Real-Time Equipment Monitoring 133
8.3.5.2.2 Yield Optimization 133
8.3.5.2.3 Supply Chain Management 133
8.3.5.2.4 Automated Testing And Quality Control 133
8.3.5.2.5 Energy Management 133
8.3.5.2.6 Asset Tracking And Management 133
8.3.5.2.7 Predictive Analytics And Maintenance 134
Table 77 Semiconductor And Electronics: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 134
Table 78 Semiconductor And Electronics: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 134
8.3.6 Medical Devices 134
8.3.6.1 Real-Time Patient Monitoring And Remote Healthcare Services To Boost Segment 134
8.3.6.2 Medical Devices: Use Cases 135
8.3.6.2.1 Remote Patient Monitoring 135
8.3.6.2.2 Predictive Maintenance Of Medical Devices 135
8.3.6.2.3 Inventory Management And Tracking 135
8.3.6.2.4 Data Analytics And Insights 135
8.3.6.2.5 Enhanced Device Functionality And Personalization 135
8.3.6.2.6 Regulatory Compliance And Data Security 135
8.3.6.2.7 Telehealth And Telemedicine 136
Table 79 Medical Devices: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 136
Table 80 Medical Devices: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 136
8.3.7 Logistics And Transportation 136
8.3.7.1 Need For Supply Chain Visibility To Propel Segment 136
8.3.7.2 Logistics And Transportation: Use Cases 137
8.3.7.2.1 Asset Tracking And Management 137
8.3.7.2.2 Fleet Management And Optimization 137
8.3.7.2.3 Predictive Maintenance 137
8.3.7.2.4 Supply Chain Visibility And Optimization 137
8.3.7.2.5 Condition Monitoring And Cold Chain Management 137
8.3.7.2.6 Route Optimization And Traffic Management 138
8.3.7.2.7 Safety And Security 138
Table 81 Logistics And Transportation: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 138
Table 82 Logistics And Transportation: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 138
8.3.8 Others 139
Table 83 Other Discrete Industry: IIoT Platform Market Size, By Region, 2018–2022 (Usd Million) 139
Table 84 Other Discrete Industry: IIoT Platform Market Size, By Region, 2023–2028 (Usd Million) 139

9 IIoT Platform Market, By Region 140
9.1 Introduction 141
Figure 23 North America To Lead Market During Forecast Period 141
Figure 24 Market In Asia Pacific To Grow At Highest Cagr During Forecast Period 141
Table 85 IIoT Platform Market, By Region, 2018–2022 (Usd Million) 142
Table 86 IIoT Platform Market, By Region, 2023–2028 (Usd Million) 142
9.2 North America 142
9.2.1 North America: IIoT Platform Market Regulatory Implications 143
9.2.2 North America: IIoT Platform Market Drivers 143
Figure 25 North America: IIoT Platform Market Snapshot 144
Table 87 North America: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 144
Table 88 North America: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 145
Table 89 North America: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 145
Table 90 North America: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 145
Table 91 North America: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 145
Table 92 North America: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 146
Table 93 North America: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 146
Table 94 North America: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 146
Table 95 North America: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 147
Table 96 North America: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 147
Table 97 North America: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 147
Table 98 North America: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 147
Table 99 North America: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 148
Table 100 North America: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 148
Table 101 North America: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 148
Table 102 North America: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 149
Table 103 North America: IIoT Platform Market, By Country, 2018–2022 (Usd Million) 149
Table 104 North America: IIoT Platform Market, By Country, 2023–2028 (Usd Million) 149
9.2.3 Us 149
9.2.3.1 Presence Of Developed It Infrastructure And Early Adoption Of Advanced Technologies To Drive Market 149
9.2.3.2 Us: IIoT Platform Market Drivers 150
Table 105 Us: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 150
Table 106 Us: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 150
Table 107 Us: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 150
Table 108 Us: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 150
Table 109 Us: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 151
Table 110 Us: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 151
Table 111 Us: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 151
Table 112 Us: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 151
Table 113 Us: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 152
Table 114 Us: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 152
Table 115 Us: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 152
Table 116 Us: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 152
Table 117 Us: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 152
Table 118 Us: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 153
Table 119 Us: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 153
Table 120 Us: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 153
9.2.4 Canada 154
9.2.4.1 Rapid Technological Advancements Across Industries To Drive Market 154
9.2.4.2 Canada: IIoT Platform Market Drivers 154
Table 121 Canada: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 154
Table 122 Canada: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 154
Table 123 Canada: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 155
Table 124 Canada: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 155
Table 125 Canada: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 155
Table 126 Canada: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 155
Table 127 Canada: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 156
Table 128 Canada: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 156
Table 129 Canada: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 156
Table 130 Canada: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 156
Table 131 Canada: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 157
Table 132 Canada: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 157
Table 133 Canada: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 157
Table 134 Canada: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 157
Table 135 Canada: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 158
Table 136 Canada: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 158
9.3 Europe 158
9.3.1 Europe: IIoT Platform Market Regulatory Implications 159
9.3.2 Europe: IIoT Platform Market Drivers 159
Table 137 Europe: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 159
Table 138 Europe: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 160
Table 139 Europe: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 160
Table 140 Europe: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 160
Table 141 Europe: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 160
Table 142 Europe: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 161
Table 143 Europe: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 161
Table 144 Europe: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 161
Table 145 Europe: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 161
Table 146 Europe: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 162
Table 147 Europe: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 162
Table 148 Europe: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 162
Table 149 Europe: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 162
Table 150 Europe: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 163
Table 151 Europe: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 163
Table 152 Europe: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 163
Table 153 Europe: IIoT Platform Market, By Country, 2018–2022 (Usd Million) 164
Table 154 Europe: IIoT Platform Market, By Country, 2023–2028 (Usd Million) 164
9.3.3 Uk 164
9.3.3.1 Increased Emphasis On Industry 4.0 And Digital Transformation To Propel Market 164
9.3.3.2 Uk: IIoT Platform Market Drivers 165
Table 155 Uk: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 165
Table 156 Uk: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 165
Table 157 Uk: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 165
Table 158 Uk: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 165
Table 159 Uk: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 166
Table 160 Uk: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 166
Table 161 Uk: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 166
Table 162 Uk: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 166
Table 163 Uk: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 167
Table 164 Uk: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 167
Table 165 Uk: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 167
Table 166 Uk: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 167
Table 167 Uk: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 167
Table 168 Uk: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 168
Table 169 Uk: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 168
Table 170 Uk: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 168
9.3.4 Germany 169
9.3.4.1 Advanced It Infrastructure In Manufacturing Sector To Drive Market 169
9.3.4.2 Germany: IIoT Platform Market Drivers 169
9.3.5 France 169
9.3.5.1 Rise In Focus On Digitalization And Industry Modernization To Boost Market 169
9.3.5.2 France: IIoT Platform Market Drivers 169
9.3.6 Rest Of Europe 169
9.4 Asia Pacific 170
9.4.1 Asia Pacific: IIoT Platform Market Regulatory Implications 170
9.4.2 Asia Pacific: IIoT Platform Market Drivers 170
Figure 26 Asia Pacific: IIoT Platform Market Snapshot 171
Table 171 Asia Pacific: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 172
Table 172 Asia Pacific: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 172
Table 173 Asia Pacific: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 172
Table 174 Asia Pacific: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 172
Table 175 Asia Pacific: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 172
Table 176 Asia Pacific: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 173
Table 177 Asia Pacific: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 173
Table 178 Asia Pacific: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 173
Table 179 Asia Pacific: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 174
Table 180 Asia Pacific: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 174
Table 181 Asia Pacific: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 174
Table 182 Asia Pacific: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 174
Table 183 Asia Pacific: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 175
Table 184 Asia Pacific: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 175
Table 185 Asia Pacific: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 175
Table 186 Asia Pacific: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 176
Table 187 Asia Pacific: IIoT Platform Market, By Country, 2018–2022 (Usd Million) 176
Table 188 Asia Pacific: IIoT Platform Market, By Country, 2023–2028 (Usd Million) 176
9.4.3 China 176
9.4.3.1 Government Support For Technological Advancements To Drive Market 176
9.4.3.2 China: IIoT Platform Market Drivers 177
Table 189 China: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 177
Table 190 China: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 177
Table 191 China: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 177
Table 192 China: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 178
Table 193 China: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 178
Table 194 China: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 178
Table 195 China: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 178
Table 196 China: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 179
Table 197 China: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 179
Table 198 China: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 179
Table 199 China: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 179
Table 200 China: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 180
Table 201 China: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 180
Table 202 China: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 180
Table 203 China: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 180
Table 204 China: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 181
9.4.4 Japan 181
9.4.4.1 Increased Government Investments In Smart City And Connected Cars Projects To Boost Market 181
9.4.4.2 Japan: IIoT Platform Market Drivers 181
9.4.5 Rest Of Asia Pacific 181
9.5 Middle East & Africa 182
9.5.1 Middle East & Africa: IIoT Platform Market Regulatory Implications 183
9.5.2 Middle East & Africa: IIoT Platform Market Drivers 183
Table 205 Middle East & Africa: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 184
Table 206 Middle East & Africa: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 184
Table 207 Middle East & Africa: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 184
Table 208 Middle East & Africa: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 184
Table 209 Middle East & Africa: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 185
Table 210 Middle East & Africa: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 185
Table 211 Middle East & Africa: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 185
Table 212 Middle East & Africa: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 186
Table 213 Middle East & Africa: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 186
Table 214 Middle East & Africa: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 186
Table 215 Middle East & Africa: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 186
Table 216 Middle East & Africa: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 187
Table 217 Middle East & Africa: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 187
Table 218 Middle East & Africa: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 187
Table 219 Middle East & Africa: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 188
Table 220 Middle East & Africa: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 188
Table 221 Middle East & Africa: IIoT Platform Market, By Country, 2018–2022 (Usd Million) 188
Table 222 Middle East & Africa: IIoT Platform Market, By Country, 2023–2028 (Usd Million) 189
9.5.3 Saudi Arabia 189
9.5.3.1 Implementation Of Saudi Vision 2030 Framework To Drive Market 189
9.5.3.2 Saudi Arabia: IIoT Platform Market Drivers 189
9.5.4 Israel 189
9.5.4.1 Strong Focus On Technological Innovations To Propel Market 189
9.5.4.2 Israel: IIoT Platform Market Drivers 190
9.5.5 Rest Of Middle East And Africa 190
9.6 Latin America 190
9.6.1 Latin America: IIoT Platform Market Regulatory Implications 190
9.6.2 Latin America: IIoT Platform Market Drivers 191
Table 223 Latin America: IIoT Platform Market, By Offering, 2018–2022 (Usd Million) 191
Table 224 Latin America: IIoT Platform Market, By Offering, 2023–2028 (Usd Million) 191
Table 225 Latin America: IIoT Platform Market, By Platforms, 2018–2022 (Usd Million) 191
Table 226 Latin America: IIoT Platform Market, By Platforms, 2023–2028 (Usd Million) 192
Table 227 Latin America: IIoT Platform Market, By Services, 2018–2022 (Usd Million) 192
Table 228 Latin America: IIoT Platform Market, By Services, 2023–2028 (Usd Million) 192
Table 229 Latin America: IIoT Platform Market, By Application Area, 2018–2022 (Usd Million) 192
Table 230 Latin America: IIoT Platform Market, By Application Area, 2023–2028 (Usd Million) 193
Table 231 Latin America: IIoT Platform Market, By Asset Management, 2018–2022 (Usd Million) 193
Table 232 Latin America: IIoT Platform Market, By Asset Management, 2023–2028 (Usd Million) 193
Table 233 Latin America: IIoT Platform Market, By Vertical, 2018–2022 (Usd Million) 193
Table 234 Latin America: IIoT Platform Market, By Vertical, 2023–2028 (Usd Million) 194
Table 235 Latin America: IIoT Platform Market, By Process Industry, 2018–2022 (Usd Million) 194
Table 236 Latin America: IIoT Platform Market, By Process Industry, 2023–2028 (Usd Million) 194
Table 237 Latin America: IIoT Platform Market, By Discrete Industry, 2018–2022 (Usd Million) 195
Table 238 Latin America: IIoT Platform Market, By Discrete Industry, 2023–2028 (Usd Million) 195
Table 239 Latin America: IIoT Platform Market, By Country, 2018–2022 (Usd Million) 195
Table 240 Latin America: IIoT Platform Market, By Country, 2023–2028 (Usd Million) 196
9.6.3 Brazil 196
9.6.3.1 Implementation Of Digital Transformation Initiatives To Boost Market 196
9.6.3.2 Brazil: IIoT Platform Market Drivers 196
9.6.4 Mexico 196
9.6.4.1 Advancements In Connectivity Technologies To Propel Market 196
9.6.4.2 Mexico: IIoT Platform Market Drivers 197
9.6.5 Rest Of Latin America 197

10 Competitive Landscape 198
10.1 Overview 198
10.2 Key Market Developments 199
Figure 27 Key Developments In IIoT Platform Market, 2021–2023 199
10.2.1 Product Launches 200
Table 241 IIoT Platform Market: Product Launches (2020–2023) 200
10.2.2 Deals 200
Table 242 IIoT Platform Market: Deals (2020-2023) 200
10.3 Market Ranking 205
Figure 28 Market Ranking In 2022 205
10.4 Market Share Analysis 206
Table 243 IIoT Platform Market: Degree Of Competition 206
Figure 29 Market Share Analysis Of Companies In IIoT Platform Market 206
10.5 Historical Revenue Analysis 207
Figure 30 Historical Three-Year Revenue Analysis Of Leading Players 207
10.6 Company Evaluation Matrix 207
10.7 Company Evaluation Matrix Methodology And Definitions 208
Table 244 Product Footprint Weightage 208
10.7.1 Stars 208
10.7.2 Emerging Leaders 208
10.7.3 Pervasive Players 208
10.7.4 Participants 208
Figure 31 IIoT Platform Market (Global) Company Evaluation Matrix, 2022 209
10.8 Competitive Benchmarking 209
10.8.1 Competitive Benchmarking Of Key Players 209
Table 245 Company Footprint: Product 209
Table 246 Company Footprint: Application 210
Table 247 Company Footprint: Vertical 211
Table 248 Company Footprint: Region 212
10.8.2 Competitive Benchmarking Of Startups/Smes 213
Table 249 Detailed List Of Startups/Smes 213
10.9 Startups/Smes Evaluation Matrix, 2022 213
10.9.1 Progressive Companies 214
10.9.2 Responsive Companies 214
10.9.3 Dynamic Companies 214
10.9.4 Starting Blocks 214
Figure 32 IIoT Platform Market (Global), Startups/Smes Evaluation Matrix, 2022 214

11 Company Profiles 215
11.1 Introduction 215
11.2 Key Players 215
(Business Overview, Platforms/Solutions/Services Offered, Recent Developments, Mnm View, Key Strengths/Right To Win, Strategic Choices Made, And Weaknesses And Competitive Threats)*
11.2.1 Software Ag 215
Table 250 Software Ag: Business Overview 215
Figure 33 Software Ag: Company Snapshot 216
Table 251 Software Ag: Product Launches And Enhancements 216
Table 252 Software Ag: Deals 217
11.2.2 Ptc 219
Table 253 Ptc: Business Overview 219
Figure 34 Ptc: Company Snapshot 220
Table 254 Ptc: Deals 221
Table 255 Ptc: Others 221
11.2.3 Hitachi 223
Table 256 Hitachi: Business Overview 223
Figure 35 Hitachi: Company Snapshot 224
Table 257 Hitachi: Product Launches 225
Table 258 Hitachi: Deals 225
11.2.4 Ibm 227
Table 259 Ibm: Business Overview 227
Figure 36 Ibm: Company Snapshot 228
Table 260 Ibm: Deals 229
11.2.5 Microsoft 231
Table 261 Microsoft: Business Overview 231
Figure 37 Microsoft: Company Snapshot 232
Table 262 Microsoft: Deals 233
11.2.6 Cisco 235
Table 263 Cisco: Business Overview 235
Figure 38 Cisco: Company Snapshot 236
Table 264 Cisco: Product Launches 237
Table 265 Cisco: Deals 237
Table 266 Cisco: Others 238
11.2.7 Intel 239
Table 267 Intel: Business Overview 239
Figure 39 Intel: Company Snapshot 240
Table 268 Intel: Deals 241
11.2.8 Sap 242
Table 269 Sap: Business Overview 242
Figure 40 Sap: Company Snapshot 243
Table 270 Sap: Deals 244
11.2.9 Siemens 245
Table 271 Siemens: Business Overview 245
Figure 41 Siemens: Company Snapshot 246
Table 272 Siemens: Deals 247
11.2.10 Accenture 248
Table 273 Accenture: Business Overview 248
Figure 42 Accenture: Company Snapshot 249
Table 274 Accenture: Deals 250
11.2.11 Atos 251
11.2.12 Amazon Web Services (Aws) 251
11.2.13 Oracle 252
11.2.14 Bosch.Io 252
11.2.15 Schneider Electric 253
11.2.16 Davra 253
11.2.17 Eurotech 254
11.3 Startups/Smes 254
11.3.1 Altizon 254
11.3.2 Qio Technologies 255
11.3.3 Litmus 255
11.3.4 Rootcloud 256
11.3.5 Augury 256
11.3.6 Samsara 257
11.3.7 Braincube 257
11.3.8 Unifytwin 258
*Details On Business Overview, Platforms/Solutions/Services Offered, Recent Developments, Mnm View, Key Strengths/Right To Win, Strategic Choices Made, And Weaknesses And Competitive Threats Might Not Be Captured In Case Of Unlisted Companies.

12 Appendix 259
12.1 Adjacent/Related Market 259
12.1.1 Iot In Smart Cities Market – Global Forecast To 2025 259
12.1.1.1 Market Definition 259
12.1.1.2 Market Overview 259
12.1.1.3 Iot In Smart Cities Market, By Offering 259
Table 275 Iot In Smart Cities Market Size, By Offering, 2016–2019 (Usd Billion) 260
Table 276 Iot In Smart Cites Market Size, By Offering, 2019–2025 (Usd Billion) 260
12.1.1.4 Iot In Smart Cities Market, By Solution 260
Table 277 Iot In Smart Cities Market Size, By Solution, 2016–2019 (Usd Billion) 260
Table 278 Iot In Smart Cities Market Size, By Solution, 2019–2025 (Usd Billion) 261
12.1.1.5 Iot In Smart Cities Market, By Service 261
Table 279 Services: Iot In Smart Cities Market Size, By Type, 2016–2019 (Usd Billion) 261
Table 280 Services: Iot In Smart Cities Market Size, By Type, 2019–2025 (Usd Billion) 261
Table 281 Professional Services: Iot In Smart Cities Market Size, By Type, 2016–2019 (Usd Billion) 262
Table 282 Professional Services: Iot In Smart Cities Market Size, By Type, 2019–2025 (Usd Billion) 262
12.1.1.6 Iot In Smart Cities Market, By Application 262
Table 283 Iot In Smart Cities Market Size, By Application, 2016–2019 (Usd Billion) 262
Table 284 Iot In Smart Cities Market Size, By Application, 2019–2025 (Usd Billion) 263
12.1.1.7 Iot In Smart Cities Market, By Region 263
Table 285 Iot In Smart Cities Market Size, By Region, 2016–2019 (Usd Billion) 263
Table 286 Iot In Smart Cities Market Size, By Region, 2019–2025 (Usd Billion) 263
12.1.2 Iot In Healthcare Market – Global Forecast To 2025 264
12.1.2.1 Market Definition 264
12.1.2.2 Market Overview 264
12.1.2.3 Iot In Healthcare Market, By Component 264
Table 287 Iot In Healthcare Market Size, By Component, 2015–2019 (Usd Billion) 264
Table 288 Iot In Healthcare Market Size, By Component, 2019–2025 (Usd Billion) 265
Table 289 Medical Devices: Iot In Healthcare Market Size, By Type, 2015–2019 (Usd Billion) 265
Table 290 Medical Devices: Iot In Healthcare Market Size, By Type, 2019–2025 (Usd Billion) 265
Table 291 Systems And Software: Iot In Healthcare Market Size, By Type, 2015–2019 (Usd Billion) 266
Table 292 Systems And Software: Iot In Healthcare Market Size, By Type, 2019–2025 (Usd Billion) 266
Table 293 Services: Iot In Healthcare Market Size, By Type, 2015–2019 (Usd Billion) 266
Table 294 Services: Iot In Healthcare Market Size, By Type, 2019–2025 (Usd Billion) 267
12.1.2.4 Iot In Healthcare Market, By Application 267
Table 295 Iot In Healthcare Market Size, By Application, 2015–2019 (Usd Billion) 267
Table 296 Iot In Healthcare Market Size, By Application, 2019–2025 (Usd Billion) 267
12.1.2.5 Iot In Healthcare Market, By End User 268
Table 297 Iot In Healthcare Market Size, By End User, 2015–2019 (Usd Billion) 268
Table 298 Iot In Healthcare Market Size, By End User, 2019–2025 (Usd Billion) 268
12.1.2.6 Iot In Healthcare Market, By Region 268
Table 299 Iot In Healthcare Market Size, By Region, 2015–2019 (Usd Billion) 269
Table 300 Iot In Healthcare Market Size, By Region, 2019–2025 (Usd Billion) 269
12.1.3 5g Iot Market 269
12.1.3.1 Market Definition 269
12.1.3.2 Market Overview 269
12.1.3.3 5g Iot Market, By Radio Technology 270
Table 301 5g Iot Market Size, By Radio Technology, 2020–2025 (Usd Million) 270
12.1.3.4 5g Iot Market, By Range 270
Table 302 5g Iot Market Size, By Range, 2020–2025 (Usd Million) 270
Table 303 Short-Range Iot Devices: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 271
Table 304 Wide-Range Iot Devices: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 271
12.1.3.5 5g Iot Market, By Vertical 271
Table 305 5g Iot Market Size, By Vertical, 2020–2025 (Usd Million) 272
Table 306 Manufacturing: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 272
Table 307 Energy And Utilities: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 272
Table 308 Government: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 273
Table 309 Healthcare: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 273
Table 310 Transportation And Logistics: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 273
Table 311 Mining: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 274
Table 312 Others: 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 274
12.1.3.6 5g Iot Market, By Region 274
Table 313 5g Iot Market Size, By Region, 2020–2025 (Usd Million) 274
Table 314 5g Iot Connections, By Region, 2020–2025 (Million) 275
12.2 Discussion Guide 276
12.3 Knowledgestore: Marketsandmarkets’ Subscription Portal 279
12.4 Customization Options 281
12.5 Related Reports 281
12.6 Author Details 282

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  • Global 5G Infrastructure Market 2024 by Company, Regions, Type and Application, Forecast to 2030
    Published: 01-Jan-2024        Price: US 3480 Onwards        Pages: 109
    According to our (Global Info Research) latest study, the global 5G Infrastructure market size was valued at USD 5736.4 million in 2023 and is forecast to a readjusted size of USD 20670 million by 2030 with a CAGR of 20.1% during review period. 5th generation wireless systems, abbreviated 5G, are improved wireless network technologies deploying in 2018 and later. The primary technologies include: Millimeter wave bands (26, 28, 38, and 60 GHz) offer performance as high as 20 gigabits per ......
  • Global Intercoms Market Research Report 2023, Forecast to 2028
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    An electrical device allowing one-way or two-way communication. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital flows are compared across scenari......
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    Published: 28-Dec-2023        Price: US 3280 Onwards        Pages: 152
    An electrical device allowing one-way or two-way communication. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital flows are compared across scenari......
  • Global B2B Telecommunication Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
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  • Private LTE/5G networks: worldwide trends and forecasts 2023-2028
    Published: 21-Dec-2023        Price: US 7999 Onwards        Pages: 25
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  • 5G NTN Market by Component (Hardware, Software, Services), End-use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (eMBB, URLLC, mMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2028
    Published: 19-Dec-2023        Price: US 4950 Onwards        Pages: 190
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  • 2023-2031 Report on Global Telecom Services Market by Player, Region, Type, Application and Sales Channel
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    This report studies the Telecom Services market, covering market size for segment by type (Fixed Voice Services, Fixed Internet Access Services, etc.), by application (Consumer/Residential, Business, etc.), by sales channel (Direct Channel, Distribution Channel), by player (AT&T, Verizon, NTT, China Mobile, Deutsche Telekom, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa). This report provides detailed historical analysis of global......
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