IIoT Platform Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

IIoT Platform market size is expected to growth from US$ 3587 million in 2020 to US$ 19780 million by 2027; it is expected to grow at a CAGR of 27% during 2021-2027.

An IIoT platform is a set of hardware and software facilities that support and support the applications of industrial companies that use the Internet to connect devices and equipment. This use of the Internet is now commonly referred to as the Industrial Internet of Things (IIoT).

North America is the largest contributor to the IIoT platform market among all other regions. The North American market consists mainly of the United States and Canada and is expected to hold the largest share in the global IIoT platform market.

Further, the report presents profiles of competitors in the market, key players include:

• PTC
• SAP
• Hitachi
• Accenture
• IBM
• Oracle
• ATOS
• Altizon

IIoT Platform Market Segment Percentages, By Type, 2020 (%)

• Device Management Platform
• Application Management Platform
• Connectivity Management Platform

IIoT Platform Market Segment Percentages, By Application, 2020 (%)

• Process Industry
• Discrete Industry

Scope of the Report

The research study analyzes the global IIoT Platform industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by IIoT Platform Market Report

1. What was the IIoT Platform Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of IIoT Platform Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the IIoT Platform Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.