Industrial IoT Market Reports
Industrial IoT Software Companies Acquisition Target List 2022From $800.00
Industrial AI and AIoT Market Report 2021–2026From $5,000.00
Virtualization in Industrial Automation | Adoption Report 2021From $3,000.00
IoT Use Case Adoption Report 2021From $5,000.00
Smart Factories Insights Report 2021From $2,000.00
Predictive Maintenance Market Report 2021-2026From $3,000.00
Cloud MES Market Report 2021-2026From $3,000.00
Virtual PLC & Soft PLC Market Report 2020-2025From $3,000.00
Latest Insights: Industrial IoT
In short Software based PLCs (programmable logic controllers) may pose an innovator’s dilemma to the incumbents of the industrial automation world and threaten their hard-PLC business.Our most recent research on the topic shows that the threat of disruption for incumbent vendors is lower than previously assumed because customers are indicating that they would stick to existing vendors for...
Key Insights Factories are becoming more intelligent, flexible, and sustainable through the power of technology, data, and the Internet of Things (IoT).IoT Analytics researched how 80 of the world’s best factories became so smart and discovered that, among other things, there is much more to smart factories than technology. Download report sample Why it matters? Customer demands are pushing...
In short In just five years, predictive maintenance has moved from an uncertain, standalone niche use case to a fast-growing, high return on investment (ROI) application that is truly delivering value to users.These developments are an indication of the power of the Internet of Things (IoT) and artificial intelligence (AI), and the market is still in its infancy.A new IoT Analytics report...
In short Enterprise software, such as ERP, is increasingly moving to the cloud; Cloud adoption for manufacturing software, such as MES/MOM, is much lower but accelerating.29% of manufacturers in a recent survey indicated a move of MES software to the cloud in the next 2 years.The Cloud MES market is estimated to reach $2.34 billion by 2026. Why it matters? Offering cloud-based MES solutions will...
Update October 2021: IoT Analytics published a more recent blog on: Soft PLCs: Revisiting the industrial innovator’s dilemma. In short Software is increasingly replacing hardware in industrial environmentsSoftware-based controllers (Soft PLCs) today are reliable, powerful and flexible.Soft PLC adoption is expected to double between 2019 and 2025, posing an “innovator’s dilemma” for incumbent...
In short IoT edge computing resources are becoming increasingly intelligentThere are 7 key characteristics that make modern edge computing more intelligent (including open architectures, data pre-processing, distributed applications)The intelligent industrial edge computing market is estimated to reach $30.8B by 2025, up from $11.6B in 2020 (see new 248-page report) Why it matters IT/OT...
Insights By Category
Our View On Industrial IoT
The Industrial IoT (IIoT) (related concept: Industry 4.0) is the industrial subset of the Internet of Things and refers to manufacturing, energy, oil and gas, and similar settings in which assets are connected to the internet.
The Industrial IoT research stream covers the core elements:
1. Connected Industry Building Block
- Hardware, such as chips, sensors or gateways
- Connectivity protocols and services
- Hosting environments, IoT platforms, and data analytics & AI
- Applications that are built on top of the software layer
- Cyber security technologies and methods used throughout the stack
- Systems integration, connecting systems both vertically and horizontally
2. Disruptive Trends
The technologies and standards which are being be altered or replaced by disruptive trends caused by I4.0 technologies.
3. Supporting Technologies
Six technologies frequently deployed alongside the connected industry building blocks to support the I4.0 key use cases.
- Additive Manufacturing (AM)
- Augmented and Virtual Reality
- Collaborative Robotics
- Connected Machine Vision
- Self-Driving Vehicles
4. Key Use Cases
Use cases implementing connected industry and/or supporting technologies.
5. Adoption Strategies
OEMs, factories, and industrial automation suppliers are all leveraging I4.0 technologies to differentiate themselves in the market.
Our Lead Expert
Matthew is a principal analyst based in the USA, focusing on industrial technologies. He is IoT Analytics’ lead expert for Industrial IoT, including Industry 4.0 and Industrial Software.
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