Industrial Internet of Things (IIoT) Shields - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Industrial Internet of Things (IIoT) Shields Market is growing at a CAGR of 20.7% during the forecast period. Some of the key factors propelling the market growth are availability of open cloud platforms, growing use of industrial PC’s, and increasing research activities in the field of smart meters. However, cost sensitivity of IIoT is the restraining factor for the growth of the market.
Industrial IoT shields offer embedded device level security and control across the entire IoT supply chain. With security shields mechanisms, device manufacturers, system integrators and IoT network operators can secure and manage devices across various industry verticals. It has the potential to fill the gaps in terms of efficiency, performance of industrial processes and avail better results in terms of revenue, output and production.
By end user, the manufacturing segment is expected to grow at a significant market share during the forecast period as IIoT helps to connect the products, and machines that harnesses the data generated with advanced analytics embedded. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to the increasing expenditure in the smart grid sector.
Some of the key players in Industrial Internet of Things (IIoT) Shields Market include Bosch, Microsoft, Cisco, Rockwell Automation, Oracle, Hewlett-Packard (HP), Samsung, IBM, BlackBerry, Texas Instruments, Intel, ARM, Qualcomm, and Verizon.
Sensor Types Covered:
• Accelerometer Shield
• Gyroscope Shield
• Proximity Shield
• Gravity Shield
• Temperature Shield
• Pressure Shield
• GPS Shield
• Light Shield
• Analytics Engine
• Device Shadow
• Security Lifecycle Management
• Policy Manager
• Dashboard & Reports
• Alerts Engine
End Users Covered:
• Transportation & Logistics
• Oil & Gas
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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