DOWNLOAD SMARTREPORT
We are pleased to provide the latest SmartReport on IIoT.
According to the latest research the industrial IoT market is expected to grow at a CAGR of 16.7% from 2019 to 2027 to reach $263.4 billion by 2027. IoT is increasingly becoming indispensable to the manufacturing industry, with a Microsoft survey indicating that 87% of decision-makers have adopted IoT, while the vast majority say IoT is critical to the success of their company. This report covers how the adoption of IoT is becoming more prominent in enabling asset monitoring, manufacturing operational intelligence, remote servicing, remote monitoring, and predictive maintenance. Government-sponsored initiatives and innovative efforts made by key companies are expected to augment the adoption of IIoT worldwide over the next six years.