Gartner Research

Market Opportunity Map: Industrial IoT, Worldwide

Published: 19 August 2019

ID: G00379002

Analyst(s): Sandra Notardonato, Eric Goodness

Summary

Although adoption of IIoT solutions is accelerating, profitability is uneven across solution elements. Technology general managers must align investments in IIoT products and services based on existing, or planned, sector-specific expertise and requirements for sales velocity, channels and profits.

Table Of Contents

Market Opportunity Map

Introduction

  • IIoT Market
    • IIoT Buying Centers
    • Vendor Challenges

Strategic Options

  • Lead the Market in IIoT Platform Profitability
    • Recommendations
  • IIoT Apps Are Emerging Technology Growth Engines
    • Recommendations
  • Asset-Based Managed Services Are the Next Frontier for Market Growth in Industrial IoT
    • Recommendations
  • Embedding Connectivity and HW in Connected Products Creates a More Stable Pool of Revenue and Growth
    • Recommendations

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.