Industrial IoT Market Competitor Analysis, Winning Strategies and Growth Drivers 2032 The industrial IoT market is projected to reach a valuation of US$ 1.3 Tn by 2032, advancing at a CAGR of 12.2% throughout the forecast period. Technological developments in semiconductor and electronic devices, growing usage of cloud computing platforms, standardization of IPv6, and backing from governments of various nations for IIoT R&D efforts are all driving the industrial IoT market forward. The industrial internet of things market is predicted to grow at a rapid pace over the forecast period, thanks to advances in technology and the increasing availability of... (More)