Connected Car
State of the established IIoT industry and Connected Market AreasThe industrial IoT market is large and growing, and the term ‘connected’ is more important than ‘IoT’ in defining its reach. Consistently high growth in companies offering industrial IoT softwareFrom our analysis, the IIoT/Connected Applications software market shows consistently high growth. Figure 2 below shows three groups of IoT provider: ‘pure’ IoT companies; IT/Enterprise software companies that have IoT solutions; and ‘OT’ companies with IoT divisions. IoT disrupters: semiconductor, automotive and telcoThe potential IoT market is so diverse that disrupters could come from many directions; three emerging sectors are semiconductor producers, the automotive market, and telcos. Due to its rapid growth, the industrial IoT market is of great interest to software developers and investors.