Industrial IoT: Seizing a golden opportunity for manufacturers
Introduction
Most IIoT products and services are still in the early stages of development. But, while this is an emerging market – things are happening quickly.
The global market has already reached £200Bn in size, but customer demand is expected to fuel five-fold growth – with the market expected to surpass $1Trn by 2028.
Unsurprisingly, this has created huge interest and excitement from industrial equipment manufacturers – who sit in pole position to capitalise on the industrial data that their products generate.