Industrial IoT Market Size | IIoT Market | Industry Analysis and Market Forecast to 2023

Industrial IoT Market is expected to witness high growth during the forecast period. The market is expected was valued at USD 59.54 billion in 2017 and is expected to reach USD 91.40 billion by 2023, at a CAGR of 7.39% during the forecast period. The major factors driving the growth of the IIoT market include technological advancements in semiconductor and electronics devices, availability of...

Industrial IoT Market Set to Transform the Industries in the Near Future

Internet of Things (IoT) is emerging as the next big technology all over the globe not only in the computing world but it is also cutting across all the industries like manufacturing, energy & power, and healthcare, among others that does not involve direct human interaction. It involves a network of physical objects connected through embedded sensors, actuators, and other devices for transmitting...