Global Industrial IoT market has been segmented by components and by applications . On the basis of component , the market segment has been segregated as solution , platform , and services . The solution segment has been further divided into security solutions , data management , remote monitoring , analytics , and others . The services segment has been diverged as professional and managed services , while the platform segment has been classified into application management , connectivity management , and device management . Based on application , IIoT market is bifurcated as manufacturing , utilities , oil & gas , metals & mining , retail , healthcare , logistics & transport , and agriculture . The manufacturing segment has been anticipated to emerge as the largest end-use segment over the forecast period . Global manufacturers are progressively accumulating sensors , wireless connectivity , and software to the products for communication across the network using IP connectivity .
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Regional Analysis :
North America region has been anticipated to hold the largest market share in the IIoT industry . Majority of the companies are based in the region and has been continuously witnessing the benefits of IIoT implementation . Additionally , growth can be attributed to the growing awareness concerning technological advancements and IoT adoption across the region . The Europe Industrial Internet of Things market has been poised for significant growth over the forecast period owing to recent adoption of policy actions taken by European Commission ( EC ). For instance , in March 2015 , EC launched the Alliance for Internet of Things Innovation ( AIOTI ) for supporting the innovative European IoT ecosystem and formation of an IIoT industry .
Asia Pacific is expected to emerge as the fastest growing region over the forecast period owing to substantial adoption of advanced factory automation in the Far East region , particularly in China , Japan , and Taiwan . China is expected to emerge as the precision manufacturing hub over the forecast period owing to the implementation of “ Made in China 2025 ” to prioritize the implementation of robot arm technology on the production line .
Major Points from Table of content :
� Executive Summary � Research Methodology � Market Dynamics � Industry Overview � Global Industrial Internet Of Things ( IIoT ) Market , By Product ( 2017-2025 ) � Global Industrial Internet Of Things ( IIoT ) Market , By Regions ( 2017-2025 ) � Market Competition Analysis
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