Industrial Internet – Thematic Research
- Pages: 63
- Published: May 2019
- Report Code: GDTMT-TR-S214
The Industrial Internet, a market General Electric (GE) once predicted would account for $15 trillion of global GDP by 2030, will redefine the way much of the global industrial economy operates. It is part of a fast-evolving ecosystem of intelligent machines running their own logic and communicating with each other. However, a key use case – predictive maintenance – has so far failed to take off, with organizations struggling to integrate it into their existing operations environments. Several manufacturers are also fretting about putting sensor data in the cloud.
Cyber threats are also a concern. Factory floor legacy systems were never intended to be externally linked and operations managers tend to think about site safety before cyber safety.
This report provides an overview of the global Industrial Internet market.
It identifies the key trends impacting growth of the sector over the next 12 to 24 months.
The report provides a comprehensive industry analysis, outlining the key growth areas and potential use cases.
It identifies the best-positioned players in the Industrial Internet theme, across all segments of the value chain.
The report also includes a timeline charting the development of the Industrial Internet.
Two years ago, GE was the leader of the Industrial Internet pack, with its Predix framework set to be the Industrial Internet platform of choice, but GE lost its way. Now, leadership of this market – which will be worth $145bn by 2023, according to GlobalData forecasts – is being assumed by the software, data analysis, and artificial intelligence (AI) specialists like Amazon, Microsoft, and SAP. Industries such as manufacturing, energy, pharmaceuticals, utilities, and agriculture are adopting sensor and AI technologies that are driving a sea change in how these businesses are run. The insurance industry too is taking a keen interest.
Reasons to buy
This report provides an overview of the global Industrial Internet market, highlighting the leading players across different segments of the value chain, as well as listing the companies that are making their mark within the Industrial Internet theme.
It provides growth forecasts by sector and by region for the global Industrial Internet and information on merger and acquisition activity.
The value chain splits the Industrial Internet industry into five key layers: devices; connectivity; data; apps; and services.
Alphabet (Google’s parent company)
Table of Contents
Industrial automation Sector Scorecard
IT services sector scorecard
Application software sector scorecard
Appendix: Our Thematic Research Methodology