Global Industrial Internet of Things (IoT) Market to 2032
Overview
The Global Industrial Internet of Things (IoT) Market is expected to reach a 738,627.69 USD Billion by 2032 and is projected to grow at a CAGR of 10.94% from 2025 to 2032.
Revenue, 2024 (USD Billion)
314,094.88
Forecast, 2032 (USD Billion)
738,627.69
CAGR, 2024 - 2032
10.94%
Report Coverage
Global
Global Industrial Internet of Things (IoT) Market 2018-2032 USD Billion
Global Industrial Internet of Things (IoT) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 314,094.88 USD Billion
- Projected Market Size (2032): 738,627.69 USD Billion
- CAGR (2025-2032): 10.94%
Key Findings of Global Industrial Internet of Things (IoT) Market
- The Global Industrial Internet of Things (IoT) Market was valued at 738,627.69 USD Billion in 2024.
- The Global Industrial Internet of Things (IoT) Market is likely to grow at a CAGR of 10.94% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Wired in Connectivity Segment accounted for the largest share of the market with a revenue of 146,197.21 USD Billion
- The fastest growing segment Sensors in Technology Segment grew Fastest with a CAGR of 12.55% during the forecast period from 2024 to 2032.
Global Industrial Internet of Things (IoT) Market Scope
Global Industrial Internet of Things (IoT) Market Segmentation & Scope
Application
- Others
- Farm Management System
- Retail Management Software
- Remote Patient Monitoring
- Visualization Software
- Outage Management System
- Transit Management System
- Distribution Management System
- PLM
- MES
- SCADA
Connectivity
- Hybrid
- Wireless
- Wired
End Use
- Others
- Agriculture
- Retail
- Healthcare
- Metal & Mining
- Oil & Gas
- Energy
- Transportation & Logistics
- Manufacturing
Technology
- Electronic Shelf Label
- Guidance & Steering
- Flow & Application Control Device
- Smart Beacon
- Smart Meters
- Yield Monitoring
- Condition Monitoring
- Interface Board
- RFID
- Networking Technology
- GPS/GNSS
- Distributed Control System
- Cameras
- Industrial Robotics
- Sensors
Global Industrial Internet of Things (IoT) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 314,094.88 USD Billion |
| Market Value in 2032 | 738,627.69 USD Billion |
| CAGR (2025-2032) | 10.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Connectivity,End Use,Technology |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 314,094.88 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 71,313.99 USD Billion in 2024.
Segments and Scope
-
Global Industrial Internet of Things (IoT) Market to 2032, By Application
- SCADA is the largest segment in Global Industrial Internet of Things (IoT) Market to 2032 with a revenue of 76,034.13 USD Billion in the year 2024.
- SCADA is the Fastest growing segment in Global Industrial Internet of Things (IoT) Market to 2032 with a Growth rate of 12.06 % in forecast period 2025-2032.
-
Global Industrial Internet of Things (IoT) Market to 2032, By Connectivity
- Wired is the largest segment in Global Industrial Internet of Things (IoT) Market to 2032 with a revenue of 146,197.21 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in Global Industrial Internet of Things (IoT) Market to 2032 with a Growth rate of 10.64 % in forecast period 2025-2032.
-
Global Industrial Internet of Things (IoT) Market to 2032, By End Use
- Manufacturing is the largest segment in Global Industrial Internet of Things (IoT) Market to 2032 with a revenue of 94,604.95 USD Billion in the year 2024.
- Manufacturing is the Fastest growing segment in Global Industrial Internet of Things (IoT) Market to 2032 with a Growth rate of 12.03 % in forecast period 2025-2032.
-
Global Industrial Internet of Things (IoT) Market to 2032, By Technology
- Sensors is the largest segment in Global Industrial Internet of Things (IoT) Market to 2032 with a revenue of 64,258.11 USD Billion in the year 2024.
- Sensors is the Fastest growing segment in Global Industrial Internet of Things (IoT) Market to 2032 with a Growth rate of 12.55 % in forecast period 2025-2032.
Global Industrial Internet of Things (IoT) Market Company Share Analysis
| Company Name |
|
||
| IBM Corporation | |||
| Siemens | |||
| Cisco Systems, Inc. | |||
| General Electric | |||
Global Industrial Internet of Things (IoT) Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Industrial Internet of Things (IoT) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Industrial Internet of Things (IoT) Market is segmented based on Segmentation Application,Connectivity,End Use,Technology.
Global Industrial Internet of Things (IoT) Market was valued at USD 314,094.88(Revenue in USD Billion) in 2020.
Global Industrial Internet of Things (IoT) Market is projected to grow at a CAGR of 10.94% during the forecast period of 2024 to 2032.
The Wired segment is expected to dominate the Global Industrial Internet of Things (IoT) Market, holding a largest market share of 146,197.21 USD Billion in 2024
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Global Industrial Internet of Things (IoT) Market Scope
Global Industrial Internet of Things (IoT) Market Segmentation & Scope
Application
- Others
- Farm Management System
- Retail Management Software
- Remote Patient Monitoring
- Visualization Software
- Outage Management System
- Transit Management System
- Distribution Management System
- PLM
- MES
- SCADA
Connectivity
- Hybrid
- Wireless
- Wired
End Use
- Others
- Agriculture
- Retail
- Healthcare
- Metal & Mining
- Oil & Gas
- Energy
- Transportation & Logistics
- Manufacturing
Technology
- Electronic Shelf Label
- Guidance & Steering
- Flow & Application Control Device
- Smart Beacon
- Smart Meters
- Yield Monitoring
- Condition Monitoring
- Interface Board
- RFID
- Networking Technology
- GPS/GNSS
- Distributed Control System
- Cameras
- Industrial Robotics
- Sensors
Frequently Asked Questions
The Global Industrial Internet of Things (IoT) Market is segmented based on Segmentation Application,Connectivity,End Use,Technology.
Global Industrial Internet of Things (IoT) Market was valued at USD 314,094.88(Revenue in USD Billion) in 2020.
Global Industrial Internet of Things (IoT) Market is projected to grow at a CAGR of 10.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Industrial Internet of Things (IoT) Market for final year is USD 738,627.69 (USD Billion).
Global Industrial Internet of Things (IoT) Market Company Profiling
Frequently Asked Questions
The Global Industrial Internet of Things (IoT) Market is segmented based on Segmentation Application,Connectivity,End Use,Technology.
Global Industrial Internet of Things (IoT) Market was valued at USD 314,094.88(Revenue in USD Billion) in 2020.
Global Industrial Internet of Things (IoT) Market is projected to grow at a CAGR of 10.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Industrial Internet of Things (IoT) Market for final year is USD 738,627.69 (USD Billion).
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