[197 Pages Report] The Industrial System Integrator & Industrial Internet of Things Technology Market size was estimated at USD 234.65 billion in 2023 and expected to reach USD 290.79 billion in 2024, at a CAGR 25.91% to reach USD 1,177.32 billion by 2030.
The market for Industrial System Integrators (ISI) and Industrial Internet of Things (IIoT) technology encompasses the convergence of systems engineering, information technology, and operational technology to optimize and automate industrial processes. It involves the integration of various industrial systems and the implementation of IoT solutions to enhance connectivity, efficiency, and data analysis in manufacturing and process industries. The application of ISI and IIoT technology spans numerous sectors, including manufacturing, energy, utilities, transportation, healthcare, and agriculture. End-use is particularly prevalent in Industry 4.0 transformation, where these technologies drive smart factories, predictive maintenance, supply chain optimization, and energy management. The growth of the ISI and IIoT market is influenced by various factors, including continuous innovation in IoT and digital technologies, expanding industrial sectors worldwide, policies supporting Industry 4.0 and smart manufacturing initiatives, and increasing emphasis on data analytics for operational optimization. However, vulnerability to cyberattacks with increased connectivity, technical complexities in integrating new with existing systems, and scarcity of trained professionals with expertise in IIoT and system integration can hinder the market’s growth. On the other hand, the deployment of edge computing to process data nearer to the source is gaining traction, offering reduced latency and better data management, AI-powered analytics for predicting maintenance needs and production outcomes, and personalized integration solutions tailored to specific industrial needs are emerging trends offering growth potential.
Component: Growing demand for solutions and services to adopt new technologies with minimal disruption to existing operations
The services within the industrial system integrator and Industrial Internet of Things (IIoT) market pertain to various consultation, integration, support, and maintenance activities that ensure the effective implementation and operation of IIoT systems. Managed professional services extend beyond traditional support, including comprehensive management of the entire industrial integration and IIoT ecosystem. The professional services team brings together specialists with years of industry experience to analyze, design, and implement tailored solutions that meet the specific needs of the IIoT ecosystem. The solution includes the actual IIoT hardware, software, and platform elements that make up the infrastructure of an IIoT system. This ranges from the sensors and devices that collect data to the platforms that analyze and manage the data for operational intelligence. Analytics services that empower businesses to harness data for predictive maintenance, process optimization, and enhanced decision-making. Data management is the backbone of IIoT, encompassing the collection, cleaning, integration, and storage of large volumes of data from various industrial devices and systems. Remote monitoring services continuously track the health and performance of the industrial assets; industrial system integrator & industrial Internet of Things technology can provide instant alerts, minimize downtime, and troubleshoot remotely, ensuring operations are uninterrupted and resilient in the face of unexpected events. Security Solutions are designed to protect IIoT infrastructure against cyber threats.
Integrator Type: Rising adoption of security and surveillance management to address the advanced threat landscape and reinforcing surveillance systems
Building management systems (BMS) are crucial for the operations of large commercial facilities, providing centralized monitoring and control of building lighting, HVAC, and other systems for energy efficiency and comfort. Organizations with extensive real estate assets or those aiming for better energy management typically prefer BMS integration. As industries shift towards cloud computing, cloud-based integration services have become essential for scalable, cost-effective, and resilient IT systems. Enterprises with rapidly growing data needs and those in fields with high data interchange with customers or suppliers, such as e-commerce, would favor cloud integration. Data center management is focused on ensuring the reliable operation, data security, and efficient performance of data centers. Enterprise management encompasses integrated solutions that optimize processes, resources, and strategic planning across an entire organization. Infrastructure integration services ensure that an organization’s physical and IT infrastructures work seamlessly. Network management services provide the backbone for secure and smooth IT and OT network operations. With the increase in cyber threats and the need for physical security, the demand for security and surveillance management has escalated.
Technology: Significant popularity of functional safety systems for rigorous safety requirements
Distributed control systems (DCS) are typically used in complex industrial processes with multiple control loops, requiring high reliability and process optimization. Functional safety systems are crucial for managing risks in hazardous processes and industries where safety integrity is paramount. Human-machine interface (HMI) allows for effective interaction between human operators and machinery with advanced features like multi-touch gestures and improved connectivity. Industrial Robotics caters to applications such as assembly, painting, and welding by integrating AI with their robotic solutions, demonstrating the growing trend of smart robotics in industry. Machine condition monitoring systems are essential in predictive maintenance strategies. Machine vision technologies play a fundamental role in quality inspection and process control. They have continually enhanced their product capabilities for complex inspection tasks. A manufacturing execution system (MES) connects, monitors, and controls intricate manufacturing systems and data flows on the factory floor with real-time data analysis. Plant asset management (PAM) systems are important for asset-intensive industries for maintaining and optimizing asset performance. The programmable logic controller (PLC) remains a staple in industrial automation for its rugged reliability and flexibility. Supervisory control and data acquisition (SCADA) systems are vital for centralized monitoring and control. The preference for each of these technologies depends on the specific needs of the industry and application.
Industry: Growing application in the automotive and Mining & Metal sectors to manage autonomous operations and predictive maintenance
In the aerospace and defense sector, system integrators and Industrial Internet of Things (IIoT) technologies are crucial for maintaining high safety, precision, and efficiency levels. There is a significant demand for secure data transmission, real-time analytics, and predictive maintenance to minimize downtimes and extend the life of complex machinery. The automotive industry requires IIoT to enhance manufacturing processes, supply chain management, and vehicle diagnostics. Autonomous driving technology also relies heavily on integrated systems. Process safety, regulatory compliance, and environmental monitoring are key priorities for the chemical industry. Implementing IIoT technologies facilitates hazardous chemical tracking, real-time process optimization, and emission control. The electrical and electronics sector thrives on innovation and rapid product development cycles. IIoT assists in improving product quality, optimizing supply chains, and reducing time-to-market. In energy and power, the transition to smart grids and renewable sources has increased the demand for IIoT. It aids in grid management, outage prediction, and energy efficiency. System integrators in the food and beverage industry focus on traceability, hygiene compliance, and supply chain optimization. IIoT assists in ensuring product consistency and safety. For Mining and metal organizations, IIoT is applied to monitor equipment health, ensure worker safety, and optimize mine operations. The oil and gas industry leverages IIoT for remote monitoring of offshore rigs, pipeline integrity, and predictive maintenance. IIoT adoption in the pharmaceutical industry focuses on regulatory compliance, product tracking, and quality control.
Regional Insights
The Americas, particularly the United States and Canada, are at the forefront of industrial automation and Internet of Things (IoT) technology. The demand for system integrators in the US is driven by a robust manufacturing sector seeking to enhance operational efficiency through data analytics and real-time monitoring. Canadian industries are similarly interested in embracing digital transformation to improve productivity and competitiveness. The Canadian Automated Integration and IIoT market is showing strong growth, supported by government-funded initiatives encouraging technological partnership and innovation, including IIoT applications. In South American countries, including Brazil, Argentina, and Chile, rapid development in manufacturing and agricultural sectors with emerging IoT applications supports the expansion of industrial system integrators & industrial Internet of Things technology market. The European Union is a complex market with a strong focus on compliance with regulations and standards, such as the GDPR, which impacts the deployment of IoT solutions. Countries within the EU are heavily investing in Industry 4.0, prioritizing the use of IIoT technologies to revolutionize manufacturing. The European Commission’s approach to the digital transformation of industry, Digitising European Industry, demonstrates the commitment to investments in key digital technologies. In the Middle East, nations, including Saudi Arabia and the United Arab Emirates, are rapidly integrating IIoT technologies into their industries as part of their broader vision for economic diversification. Africa, with its rich resources and emerging markets, is still at an early adoption stage of IIoT but possesses huge growth potential. China is a prominent country in terms of IoT adoption due to its massive manufacturing base and government initiatives such as Made in China 2025, which prioritize advancements in manufacturing technologies. Japan has a legacy of advanced industrial automation and robotics; their initiatives, such as Society 5.0, aim to integrate IoT throughout various societal aspects. In India, industrial IoT adoption is rapidly increasing due to the Make in India program focused on remaking India into a global manufacturing hub.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Industrial System Integrator & Industrial Internet of Things Technology Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial System Integrator & Industrial Internet of Things Technology Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Industrial System Integrator & Industrial Internet of Things Technology Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Micro Devices, Inc, Advantech Co., Ltd., Amazon Web Services, Inc., C3 IoT Inc., Cisco Systems, Inc., Cognizant Technology Solutions Corporation, Dell Inc., Emerson Electric Co., Fujitsu Component Limited, General Electric Company, Hewlett Packard Enterprise Development LP, Hitachi, Ltd., Honeywell International Inc., Huawei Technologies Co., Ltd., Infosys Limited, Intel Corporation, International Business Machines Corporation, KUKA AG, Microsoft Corporation, NEC Corporation, Nokia Corporation, Oracle Corporation, PTC Inc., Qualcomm Technologies, Inc., Robert Bosch GmbH, Rockwell Automation, Inc., Samsara Inc., SAP SE, Schneider Electric SE, Siemens AG, SoftBank Corp., Software AG, Tata Consultancy Services Limited, Tech Mahindra Limited, Texas Instruments Incorporated, Toshiba Corporation, Yokogawa Electric Corporation, and Zebra Technologies Corporation.
Market Segmentation & Coverage
This research report categorizes the Industrial System Integrator & Industrial Internet of Things Technology Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Component
- Services
- Managed
- Professional
- Solution
- Analytics
- Data Management
- Remote Monitoring
- Security Solutions
- Services
- Integrator Type
- Building Management
- Cloud-Based Integration
- Data Center Management
- Enterprise Management
- Infrastructure Integration Service
- Network Management
- Security & Surveillance Management
- Technology
- Distributed Control System
- Functional Safety System
- Human-Machine Interface
- Industrial Robotics
- Machine Condition Monitoring
- Machine Vision
- Manufacturing Execution System
- Plant Asset Management
- Programmable Logic Controller
- Supervisory Control and Data Acquisition
- Industry
- Aerospace & Defense
- Automotive
- Chemical
- Electrical & Electronics
- Energy & Power
- Food & Beverage
- Mining & Metal
- Oil & Gas
- Pharmaceutical
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Industrial System Integrator & Industrial Internet of Things Technology Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial System Integrator & Industrial Internet of Things Technology Market?
- What are the technology trends and regulatory frameworks in the Industrial System Integrator & Industrial Internet of Things Technology Market?
- What is the market share of the leading vendors in the Industrial System Integrator & Industrial Internet of Things Technology Market?
- Which modes and strategic moves are suitable for entering the Industrial System Integrator & Industrial Internet of Things Technology Market?
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