Selected research
Industry Research
Industrial IoT Software & Hardware Industry Research Report 2026
Market perspective
The global Industrial IoT Software & Hardware market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Industrial IoT Software & Hardware market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Industrial IoT Software & Hardware market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Industrial IoT Software & Hardware market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Industrial IoT Software & Hardware include ABB, Huawei, Cisco, Bosch Rexroth, Dell, Emerson, Fuji Electric, General Electric and Hitachi, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Industrial IoT Software & Hardware market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Industrial IoT Software & Hardware.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Industrial IoT Software & Hardware Market by Company
ABB
Huawei
Cisco
Bosch Rexroth
Dell
Emerson
Fuji Electric
General Electric
Hitachi
Honeywell
IBM
Intel
JTEKT
Keyence
Microsoft
Mitsubishi Electric
NEC
Omron
Panasonic
Rockwell Automation
Schneider Electric
Siemens
Toshiba
Industrial IoT Software & Hardware Segment by Type
Industrial IoT Software
Industrial IoT Hardware
Industrial IoT Software & Hardware Segment by Application
Automotive
Food and Beverage
Pharmaceutical
Chemical and Petrochemical
Electronics Manufacturing
Others
Industrial IoT Software & Hardware Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Industrial IoT Software & Hardware market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Industrial IoT Software & Hardware and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Industrial IoT Software & Hardware.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Industrial IoT Software & Hardware companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Industrial IoT Software
- Industrial IoT Hardware
Applications
- Automotive
- Food and Beverage
- Pharmaceutical
- Chemical and Petrochemical
- Electronics Manufacturing
- Others
Companies covered
- ABB
- Huawei
- Cisco
- Bosch Rexroth
- Dell
- Emerson
- Fuji Electric
- General Electric
- Hitachi
- Honeywell
- IBM
- Intel
- JTEKT
- Keyence
- Microsoft
- Mitsubishi Electric
- NEC
- Omron
- Panasonic
- Rockwell Automation
- Schneider Electric
- Siemens
- Toshiba
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Industrial IoT Software & Hardware by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Industrial IoT Software
- 2.2.3 Industrial IoT Hardware
- 2.3 Industrial IoT Software & Hardware by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Automotive
- 2.3.3 Food and Beverage
- 2.3.4 Pharmaceutical
- 2.3.5 Chemical and Petrochemical
- 2.3.6 Electronics Manufacturing
- 2.3.7 Others
- 2.4 Assumptions and Limitations
3 Industrial IoT Software & Hardware Breakdown Data by Type
- 3.1 Global Industrial IoT Software & Hardware Historic Market Size by Type (2021-2026)
- 3.2 Global Industrial IoT Software & Hardware Forecasted Market Size by Type (2027-2032)
4 Industrial IoT Software & Hardware Breakdown Data by Application
- 4.1 Global Industrial IoT Software & Hardware Historic Market Size by Application (2021-2026)
- 4.2 Global Industrial IoT Software & Hardware Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Industrial IoT Software & Hardware Market Perspective (2021-2032)
- 5.2 Global Industrial IoT Software & Hardware Growth Trends by Region
- 5.2.1 Global Industrial IoT Software & Hardware Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Industrial IoT Software & Hardware Historic Market Size by Region (2021-2026)
- 5.2.3 Industrial IoT Software & Hardware Forecasted Market Size by Region (2027-2032)
- 5.3 Industrial IoT Software & Hardware Market Dynamics
- 5.3.1 Industrial IoT Software & Hardware Industry Trends
- 5.3.2 Industrial IoT Software & Hardware Market Drivers
- 5.3.3 Industrial IoT Software & Hardware Market Challenges
- 5.3.4 Industrial IoT Software & Hardware Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Industrial IoT Software & Hardware Players by Revenue
- 6.1.1 Global Top Industrial IoT Software & Hardware Players by Revenue (2021-2026)
- 6.1.2 Global Industrial IoT Software & Hardware Revenue Market Share by Players (2021-2026)
- 6.2 Global Industrial IoT Software & Hardware Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Industrial IoT Software & Hardware Head Office and Area Served
- 6.4 Global Industrial IoT Software & Hardware Players, Product Type & Application
- 6.5 Global Industrial IoT Software & Hardware Manufacturers Established Date
- 6.6 Global Industrial IoT Software & Hardware Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Industrial IoT Software & Hardware Market Size (2021-2032)
- 7.2 North America Industrial IoT Software & Hardware Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Industrial IoT Software & Hardware Market Size by Country (2021-2026)
- 7.4 North America Industrial IoT Software & Hardware Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Industrial IoT Software & Hardware Market Size (2021-2032)
- 8.2 Europe Industrial IoT Software & Hardware Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Industrial IoT Software & Hardware Market Size by Country (2021-2026)
- 8.4 Europe Industrial IoT Software & Hardware Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Industrial IoT Software & Hardware Market Size (2021-2032)
- 9.2 Asia-Pacific Industrial IoT Software & Hardware Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Industrial IoT Software & Hardware Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Industrial IoT Software & Hardware Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Industrial IoT Software & Hardware Market Size (2021-2032)
- 10.2 South America Industrial IoT Software & Hardware Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Industrial IoT Software & Hardware Market Size by Country (2021-2026)
- 10.4 South America Industrial IoT Software & Hardware Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Industrial IoT Software & Hardware Market Size (2021-2032)
- 11.2 Middle East & Africa Industrial IoT Software & Hardware Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Industrial IoT Software & Hardware Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Industrial IoT Software & Hardware Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 ABB
- 12.1.1 ABB Company Information
- 12.1.2 ABB Business Overview
- 12.1.3 ABB Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.1.4 ABB Industrial IoT Software & Hardware Product Portfolio
- 12.1.5 ABB Recent Developments
- 12.2 Huawei
- 12.2.1 Huawei Company Information
- 12.2.2 Huawei Business Overview
- 12.2.3 Huawei Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.2.4 Huawei Industrial IoT Software & Hardware Product Portfolio
- 12.2.5 Huawei Recent Developments
- 12.3 Cisco
- 12.3.1 Cisco Company Information
- 12.3.2 Cisco Business Overview
- 12.3.3 Cisco Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.3.4 Cisco Industrial IoT Software & Hardware Product Portfolio
- 12.3.5 Cisco Recent Developments
- 12.4 Bosch Rexroth
- 12.4.1 Bosch Rexroth Company Information
- 12.4.2 Bosch Rexroth Business Overview
- 12.4.3 Bosch Rexroth Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.4.4 Bosch Rexroth Industrial IoT Software & Hardware Product Portfolio
- 12.4.5 Bosch Rexroth Recent Developments
- 12.5 Dell
- 12.5.1 Dell Company Information
- 12.5.2 Dell Business Overview
- 12.5.3 Dell Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.5.4 Dell Industrial IoT Software & Hardware Product Portfolio
- 12.5.5 Dell Recent Developments
- 12.6 Emerson
- 12.6.1 Emerson Company Information
- 12.6.2 Emerson Business Overview
- 12.6.3 Emerson Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.6.4 Emerson Industrial IoT Software & Hardware Product Portfolio
- 12.6.5 Emerson Recent Developments
- 12.7 Fuji Electric
- 12.7.1 Fuji Electric Company Information
- 12.7.2 Fuji Electric Business Overview
- 12.7.3 Fuji Electric Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.7.4 Fuji Electric Industrial IoT Software & Hardware Product Portfolio
- 12.7.5 Fuji Electric Recent Developments
- 12.8 General Electric
- 12.8.1 General Electric Company Information
- 12.8.2 General Electric Business Overview
- 12.8.3 General Electric Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.8.4 General Electric Industrial IoT Software & Hardware Product Portfolio
- 12.8.5 General Electric Recent Developments
- 12.9 Hitachi
- 12.9.1 Hitachi Company Information
- 12.9.2 Hitachi Business Overview
- 12.9.3 Hitachi Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.9.4 Hitachi Industrial IoT Software & Hardware Product Portfolio
- 12.9.5 Hitachi Recent Developments
- 12.10 Honeywell
- 12.10.1 Honeywell Company Information
- 12.10.2 Honeywell Business Overview
- 12.10.3 Honeywell Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.10.4 Honeywell Industrial IoT Software & Hardware Product Portfolio
- 12.10.5 Honeywell Recent Developments
- 12.11 IBM
- 12.11.1 IBM Company Information
- 12.11.2 IBM Business Overview
- 12.11.3 IBM Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.11.4 IBM Industrial IoT Software & Hardware Product Portfolio
- 12.11.5 IBM Recent Developments
- 12.12 Intel
- 12.12.1 Intel Company Information
- 12.12.2 Intel Business Overview
- 12.12.3 Intel Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.12.4 Intel Industrial IoT Software & Hardware Product Portfolio
- 12.12.5 Intel Recent Developments
- 12.13 JTEKT
- 12.13.1 JTEKT Company Information
- 12.13.2 JTEKT Business Overview
- 12.13.3 JTEKT Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.13.4 JTEKT Industrial IoT Software & Hardware Product Portfolio
- 12.13.5 JTEKT Recent Developments
- 12.14 Keyence
- 12.14.1 Keyence Company Information
- 12.14.2 Keyence Business Overview
- 12.14.3 Keyence Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.14.4 Keyence Industrial IoT Software & Hardware Product Portfolio
- 12.14.5 Keyence Recent Developments
- 12.15 Microsoft
- 12.15.1 Microsoft Company Information
- 12.15.2 Microsoft Business Overview
- 12.15.3 Microsoft Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.15.4 Microsoft Industrial IoT Software & Hardware Product Portfolio
- 12.15.5 Microsoft Recent Developments
- 12.16 Mitsubishi Electric
- 12.16.1 Mitsubishi Electric Company Information
- 12.16.2 Mitsubishi Electric Business Overview
- 12.16.3 Mitsubishi Electric Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.16.4 Mitsubishi Electric Industrial IoT Software & Hardware Product Portfolio
- 12.16.5 Mitsubishi Electric Recent Developments
- 12.17 NEC
- 12.17.1 NEC Company Information
- 12.17.2 NEC Business Overview
- 12.17.3 NEC Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.17.4 NEC Industrial IoT Software & Hardware Product Portfolio
- 12.17.5 NEC Recent Developments
- 12.18 Omron
- 12.18.1 Omron Company Information
- 12.18.2 Omron Business Overview
- 12.18.3 Omron Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.18.4 Omron Industrial IoT Software & Hardware Product Portfolio
- 12.18.5 Omron Recent Developments
- 12.19 Panasonic
- 12.19.1 Panasonic Company Information
- 12.19.2 Panasonic Business Overview
- 12.19.3 Panasonic Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.19.4 Panasonic Industrial IoT Software & Hardware Product Portfolio
- 12.19.5 Panasonic Recent Developments
- 12.20 Rockwell Automation
- 12.20.1 Rockwell Automation Company Information
- 12.20.2 Rockwell Automation Business Overview
- 12.20.3 Rockwell Automation Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.20.4 Rockwell Automation Industrial IoT Software & Hardware Product Portfolio
- 12.20.5 Rockwell Automation Recent Developments
- 12.21 Schneider Electric
- 12.21.1 Schneider Electric Company Information
- 12.21.2 Schneider Electric Business Overview
- 12.21.3 Schneider Electric Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.21.4 Schneider Electric Industrial IoT Software & Hardware Product Portfolio
- 12.21.5 Schneider Electric Recent Developments
- 12.22 Siemens
- 12.22.1 Siemens Company Information
- 12.22.2 Siemens Business Overview
- 12.22.3 Siemens Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.22.4 Siemens Industrial IoT Software & Hardware Product Portfolio
- 12.22.5 Siemens Recent Developments
- 12.23 Toshiba
- 12.23.1 Toshiba Company Information
- 12.23.2 Toshiba Business Overview
- 12.23.3 Toshiba Revenue in Industrial IoT Software & Hardware Business (2021-2026)
- 12.23.4 Toshiba Industrial IoT Software & Hardware Product Portfolio
- 12.23.5 Toshiba Recent Developments
13 Report Conclusion
14 Disclaimer
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