The Industrial IoT Market is estimated to be valued at US$ 122.25 Bn in 2023 and is expected to exhibit a CAGR of 20% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
 

Market Overview:

The industrial IoT market involves integration of machines, devices and systems to allow them to connect, communicate and exchange data over an IP ... Read more

The industrial internet of things (IIoT) refers to technologies that enable industrial operations through the connection and exchange of data between intelligent machines, sensors, and people. IIoT technologies such as wireless technologies, sensors, networking, cloud computing, and analytics are being adopted across various manufacturing industries for predictive analytics and to improve operational performance. The increasing demand for mass customization and reduction in production costs ... Read more