The IIoT data collection and device management platform market size has the potential to grow by USD 1.38 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 16.72%.
This report provides a detailed analysis of the market by end-user (process industries and discrete industries), geography (North America, APAC, Europe, South America, and MEA), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Advantech Co. Ltd.
- Aeris Communications Inc.
- Cisco Systems Inc.
- General Electric Co.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Microsoft Corp.
- Moxa Inc.
- Nokia Corp.
- Robert Bosch GmbH
The IIoT data collection and device management platform market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as OTA firmware updates to achieve growth opportunities. However, factors such as increasing cybersecurity threats will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the IIoT data collection and device management platform market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This IIoT data collection and device management platform market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
IIoT Data Collection and Device Management Platform Market: Key Drivers and Trends
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IIoT Data Collection and Device Management Platform Market: Segmentation by Geography
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39% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for IIoT data collection and device management platforms in North America. However, market growth in this region will be slower than the growth of the market in APAC.
The heavy involvement of the US in innovating the data collection and device management products are the prime factors that will facilitate the IIoT data collection and device management platform market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
IIoT Data Collection and Device Management Platform Market: Segmentation by End-user
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The growth of the global IIoT data collection and device management platform market in discrete industries is expected to be driven by the higher adoption of device management platforms in the automotive, and electronics and semiconductor manufacturing industries. The need to reduce the overall expense of manufacturing units is expected to act as a major driver for the increase in the adoption of IIoT data collection and device management platforms in discrete industries.
This report provides an accurate prediction of the contribution of all the segments to the growth of the IIoT data collection and device management platform market size. Fetch actionable market insights on post COVID-19 impact on each segment.
IIoT Data Collection and Device Management Platform Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive IIoT data collection and device management platform market growth during the next five years
- Precise estimation of the IIoT data collection and device management platform market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the IIoT data collection and device management platform industry across North America, APAC, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of IIoT data collection and device management platform market vendors
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