Industrial Internet of Things (IIoT) Market Forecast 2019‑2024: Technologies, Solutions & Services Analysis

ResearchAndMarkets.com has issued a special report entitled Industrial Internet of Things: IIoT Market by Technologies, Solutions and Services 2019 – 2024.

In it, the site takes an in-depth look at IIoT technologies, companies, applications, services, and solutions. The report also forecasts overall global and regional IIoT outlook as well as IIoT by industry vertical, software, hardware, and services for the period 2019 to 2024.

From the report:

Additional key findings:

• IIoT solutions will facilitate almost $800B in global economic value by 2024
• Majority of industrial companies are currently using IoT solutions for internal benefits
• Internal IIoT benefits include improved operations such as optimized supply chain management
• Future IIoT solutions will focus on strategic differentiation including connected products and services
• Certain technologies will be key to the IIoT product/service transformation such as virtual twin solutions
• 5G deployment will support untethered factory operations including machine teleoperation and tele-robotics
• Traditional product companies will shift towards a service-oriented focus with IIoT supporting performance visibility
• While core-cloud hosted solutions currently prevail, edge computing based on-premise solutions are gaining momentum

Read the full report: Industrial Internet of Things: IIoT Market by Technologies, Solutions and Services 2019 – 2024