Article printed in ComputerWeekly and written by Joe O’Halloran.
Smart factory concept realised as research reveals smart manufacturing will represent three-fifths of global industrial internet of things connections over next five years
A study from Juniper Research has identified smart manufacturing as a key growth sector of the industrial internet of things (IIoT) market over the next five years, accounting for 22 billion connections by 2025.
If the growth predicted in the Industrial IoT: Future market outlook, technology analysis & key players 2020-2025 report is realised, it would mean an increase in the global number of IIoT connections from 17.7 billion in 2020 to 36.8 billion in 2025, representing an overall growth rate of 107%.
