Global Industrial Internet Of Things Market Size & Outlook
Global industrial internet of things market, 2018-2030 (US$M)
Related Markets
Global industrial internet of things market highlights
- The global industrial internet of things market generated a revenue of USD 483,158.7 million in 2024 and is expected to reach USD 1,693,443.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 23.3% by 2030.
- In terms of segment, solution accounted for a revenue of USD 304,211.5 million in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, Peru is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 483,158.7 million |
| Market revenue in 2030 | USD 1,693,443.0 million |
| Growth rate | 23.3% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service, Platform |
Other key industry trends
- In terms of revenue, the North America accounted for 31.1% of the global industrial internet of things market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Peru is the fastest growing regional market and is projected to reach USD 6,749.7 million by 2030.
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Industrial Internet Of Things Market Scope
Industrial Internet Of Things Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Microchip Technology Inc | View profile | 22600 | 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 | https://www.microchip.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| ARM Holdings PLC ADR | View profile | 7096 | 110 Fulbourn Road, Cambridge, United Kingdom, CB1 9NJ | https://www.arm.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Global industrial internet of things market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial internet of things market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 62.96% in 2024. Horizon Databook has segmented the Global industrial internet of things market based on solution, service, platform covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Internet Of Things Component Outlook (Revenue, USD Million, 2018-2030)
- Platform
- Device Management
- Connectivity Management
- Application Management
- Solution
- Others
- Remote Monitoring
- Analytics
- Security Solutions
- Data Management
- Service
- Professional
- Managed
- Platform
- Global Industrial Internet Of Things End Use Outlook (Revenue, USD Million, 2018-2030)
- Chemical
- Oil & Gas
- Metal & Mining
- Energy & Power
- Healthcare
- Manufacturing
- Agriculture
- Logistics & Transport
- Others
- Global Industrial Internet Of Things Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud
- Global Industrial Internet Of Things Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Wired
- Wireless
- Global Industrial Internet Of Things Application Outlook (Revenue, USD Million, 2018-2030)
- Predictive Maintenance
- Asset Tracking & Management
- Remote Monitoring
- Process Optimization
- Safety & Security
- Supply Chain Management
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Target buyers of Global industrial internet of things market databook
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Our clientele includes a mix of industrial internet of things market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial internet of things market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial internet of things market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global industrial internet of things market size, by regions, 2018-2030 (US$M)
Top 10 countries: Industrial internet of things market size, 2024 (US$M)
Global industrial internet of things market share, by component, 2024 & 2030 (%, US$M)
Industrial internet of things market: Opportunity assessment by country
Global industrial internet of things market, by region, 2024 (US$M)
Related statistics
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