Market Forecast By Hardware (Sensors & Actuators, By Connectivity (Wired Technologies (Ethernet, Profinet, Profibus, EtherCat, Modbus, Foundation Fieldbus, OPC-UA, MT Connect, CC-Link), Wireless Technologies, By Software (Product Lifecycle Management, Manufacturing Execution Systems, SCADA, Outage Management Systems, Distribution Management Systems, Remote Patient Monitoring, Retail Management Software & Others (Transit Management System, Farm Management System, Etc.)), Transportation (Rail, Road, And Shipping), Manufacturing, Automotive & Other Industries (Smart Cities And Infrastructure, Educational Institutions, Etc.)), By Regions (Eastern, Western, Northern, Southern) And Competitive Landscape
According to 6Wresearch, India Industrial IoT Market size is projected to grow at a CAGR of 15.5% during 2020-2026F. In the hardware segment, sensors, and actuators acquired the majority of the market revenue share in 2019 on account of the increasing need for predictive maintenance and condition monitoring in traditional manufacturing facilities. Nevertheless, the awareness level of IoT implementation in niche sectors is yet to gain traction among the IoT providers. Further, with the emergence of low-power hardware devices, cloud integration, big data analytics, robotics & automation, and smart sensors, the Indian IIoT market is expected to provide numerous opportunities for the service providers and manufacturers in the forecast period.
Key Highlights of the Report:
- India industrial IoT Market Overview
- India industrial IoT Market Outlook
- India industrial IoT Market Forecast
- India industrial IoT Market Size
- Historical Data of India Industrial IoT Market Revenues for the Period 2017-2026
- India industrial IoT Market Forecast of Revenues, Until 2026
- Historical Data and Forecast of India Industrial IoT Market Revenues, By Hardware, for the Period 2017-2026
- Historical Data and Forecast of India Industrial IoT Market Revenues, By Software, for the Period 2017-2026
- Historical Data and Forecast of India Industrial IoT Market Revenues, By Verticals, for the Period 2017-2026
- Historical Data and Forecast of India Industrial IoT Market Revenues, By Regions, for the Period 2017-2026
- India industrial IoT Market Outlook on Drivers and Restraints
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