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Industrial Internet of Things (IIoT) Market to Reach 123.89 Billion USD by 2021 – IndustryARC

According to a recent study by IndustryARC the global market for industrial internet of things is estimated to reach $123.89 billion by 2021. The manufacturing industry will be the highest revenue generating segment for IIoT market in the forecast period. However, healthcare or medical devices segment will have the highest growth rate through 2016 to […]

According to a recent study by IndustryARC the global market for industrial internet of things is estimated to reach $123.89 billion by 2021. The manufacturing industry will be the highest revenue generating segment for IIoT market in the forecast period. However, healthcare or medical devices segment will have the highest growth rate through 2016 to 2021; this is estimated to grow at approximately 60% year on year.

Source: Industrial Internet of Things (IIoT) Market to Reach 123.89 Billion USD by 2021 – IndustryARC

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