Are you sure you want to report this content?
Global IIoT Platform Market
The GMI Research foresees an expansion in the IIoT Platform Market over the forecast period due to the increasing need of centralized supervision of assets. The surge in the research and development activities has further strengthened the IIoT Platform Market Size.
Request for a FREE Sample Report on IIoT Platform Market
IIoT Platform Market Dynamics
The augmenting demand for Internet of Things connected devices has stimulated the demand for global IIoT platform market. The increase in industry 4.0 mechanisation because of the rapid industrialisation has impelled the market growth. For example, as per the We Forum Organization Report published in 2019, approximately 21 billion IoT-connected devices were sold and will reach to 41 billion because of the acceleration penetration of sophisticated technology in the industry.
The increasing endorsement and introduction of the progressive technology-based IIoT platforms by the major players will strengthen the IIoT platform market growth. For instance, IBM, Siemens, and Red Hat, in 2019, merged to introduce a hybrid cloud initiative to raise the real-time value of industrial IoT data. This hybrid cloud platform helps to offer a more safe and flexible solution for producers and plant operators to steer real-time value from functional data. Further, as per the IIOT Platform Market Research Report, the increasing acquisition of next-generation technologies, such as IoT and AI for predictive maintenance in the industry has paved the way for Global IIoT Platform Market.
However, the excessive capital cost required for adequate training and skills will hinder the market demand. Thus, the insufficient operational and IT competent workforce for efficient usage of IIoT platforms to control the connection and IoT devices may further curb the Global IIoT Platform Market Size.
IIoT Platform Market Segmentation:
Segmentation by Platforms
• Application Enablement
• Device Management
• Connectivity Management
• Services
Segmentation by Application
• Predictive Maintenance
• Automation Control
Segmentation by End-User
• Logistics and transportation
• Machine manufacturing
• Automotive
• Semiconductors and electronics
• Healthcare
• Others
Segmentation by Region:
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• North America
o United States of America
o Canada
• RoW
o UAE
o Brazil
o South Africa
o Saudi Arabia
About GMI Research
GMI Research renowned market intelligence and consulting organisation is committed to support clients in handling the strategic business problems. Our market perceptions and acumen facilitate our clients with information not recognised by them.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
For More Info:
Data Center Rack Market
5G Internet of Things (IoT) market
High Performance Computing (HPC) Market
Big Data Analytics in Retail Market
Micro Mobile Data Center Market
The factors driving the growth of UV Stabilizers Market includes increasing demand for wood.
00The Pad-Mounted Switchgear Market was worth USD 6.1 billion in 2021
00The Security as a Service Market is expected to reach USD 26,965 million by 2027,
0033 Launches
Part of the Culture collection
Published on October 07, 2021
(0)
Characters left :
Category
You can edit published STORIES
Are you sure you want to delete this opinion?
Are you sure you want to delete this reply?
Are you sure you want to report this content?
This content has been reported as inappropriate. Our team will look into it ASAP. Thank You!
By signing up you agree to Launchora's Terms & Policies.
By signing up you agree to Launchora's Terms & Policies.