IIot market and edge computing application structure

edge computing

• The IIoT market is expected to be worth USD 110.6 billion by 2025, growing at a CAGR of 7.4% during the forecast period.

• The manufacturing vertical has been an early adopter of IIoT solutions to improve its production processes and is projected to account for the largest size of the IIoT market during the forecast period.

• Technological advancements in semiconductor and electronics devices; and increase use of cloud computing platform are some of the major factors driving the market growth.

Source:         https://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-129733727.html and Article excerpted from AXIOMETK company

application structure

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