How Big Is the Industrial Internet of Things Market | Growth, Trends & Global Reach 2025

Q: How Big Is the Industrial Internet of Things Market?

The market is expected to exceed USD 270.4 billion by 2031, driven by digital transformation and connected infrastructure in industrial operations.

Q: Which companies are leading the Industrial Internet of Things market?

Leading companies include Siemens, GE Digital, Cisco, IBM, PTC, and Rockwell Automation, known for their robust automation, analytics, and cloud-integrated IIoT solutions.

Q: What’s fuelling the Industrial Internet of Things Market adoption across industries?

Operational efficiency, predictive maintenance, and enhanced supply chain visibility are key drivers accelerating IIoT integration.

Q: How is the evolving industrial landscape impacting the Industrial Internet of Things Market?

Rising complexity and demand for customized digital ecosystems are pushing IIoT providers to deliver scalable and secure end-to-end platforms.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6721

Publication Date: Jul 2025

How Big Is the Industrial Internet of Things Market?

According to 6Wresearch internal database and industry insights, theGlobal Industrial Internet of Things market was valued at USD 108.3 billion in 2024 and is anticipated to exceed USD 270.4 billion by 2031, growing at a CAGR of 6.57%.

The market is witnessing faster growth as connected devices, real-time analytics, and predictive maintenance solutions become common in industrial arenas. Increased attention on ongoing process optimization, energy efficiency, and supply change automation should help speed up the integration of IIoT Platforms. Manufacturing, energy, logistics, and utilities, are currently utilizing smart sensors, edge computing and digital twins to enhance productivity and minimize down time.

View Main Report

Schedule Analyst Call

Growth Factors of the Industrial Internet of Things Market

Increases in investment in smart factories and connected systems to produce goods.
Increasing demand for real-time monitoring of data and automation of processes.
Increasing need for predictive maintenance in asset-heavy industries and sectors.
Increased government and industry efforts on digital transformation.
Advances in Artificial Intelligence, machine learning, and 5G networks in industrial contexts.

Industrial Internet of Things Market Trends

The Industrial Internet of Things market is evolving toward edge analytics and decentralized data processing to reduce latency and improve decision-making. AI-enabled condition monitoring is being utilized more frequently with cloud-based integration or asset-management platforms. Interoperability and security have emerged as executive priorities, with industries deploying secure scalable Industrial Internet of Things networks.

Emerging Developments in the Industrial Internet of Things Market

Developments affecting the Industrial Internet of Things market include the deployment of autonomous robotics integrated with sensors to monitor machine conditions, exploring blockchain technologies to ensure data integrity in industrial networks, and the new applications throughout the industrial sector that require enhanced real-time visualization (along with AR/VR interfaces). Some vendors have also finally turned their attention to more multi-tenant or industry-specific platforms that focuses on oil/gas, power-providing grids, and smart-logistics operations.