Industrial IoT Market Players:
- ABB Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- ARM Holding Plc
- Atmel Corporation
- General Electric Company (GE)
- Honeywell International Inc.
- International Business Machines (IBM) Corporation
- Microsoft Corporation
- Rockwell Automation, Inc.
- Schneider Electric SE
- Intel Corporation
- Qualcomm
Companies in the industrial IoT market are emphasizing customization and scalability to cater to diverse industry needs. Many focus on strategic partnerships and collaborations, and geographical expansion to accelerate adoption and expand market presence. For instance, in December 2018, General Electric (GE) established a new, independent company for Industrial Internet of Things (IIoT) software with USD 1.2 billion in annual software revenue and an existing global industrial customer base. Some of the prominent market players are:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of industrial IoT is assessed at USD 309.71 billion.
The global industrial IoT market size was valued at over USD 276.6 billion in 2025 and is expected to expand at a CAGR of around 13.3%, surpassing USD 964.16 billion revenue by 2035.
North America industrial IoT market is poised to capture 36.70% share by 2035, driven by industries such as manufacturing, oil and gas, and automotive leveraging industrial IoT for efficiency, predictive maintenance, and sustainability.
Key players in the market include Honeywell International Inc., International Business Machines (IBM) Corporation, Microsoft Corporation, Rockwell Automation, Inc..
