<img src="https://ml.globenewswire.com/Resource/Download/d6272c2e-d204-41b8-b545-a6e2e24f85c2?size=2" nborder="0" align="left" hspace="5" vspace="5" title="sns insider pvt ltd.png" alt="SNS Insider pvt ltd"/>The U.S. Industrial IoT Market is Projected to Grow to $240.70 Billion by 2035, While Europe Anticipated to Touch $310.79 Billion, Driven by Smart Factory Investments, Industrial Automation, 5G Connectivity, Edge Computing, Predictive Maintenance, and Accelerating Industry 4.0 InitiativesAustin, United States, Aug. 14, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- The <a href="https://www.globenewswire.com/Tracker?data=jk5F7RKIYtQ0OYusw2wTyKTE_QSB5vfekp3FUc4cJ3rxwe7aGOdelXAmhBlxjRoE0RMsE9wKxaTRy1NkwSmy0N-zOhcDyaxetOaN9yM1S6OlWbP7fmBhXZU6Mu8pFDyCPjNA1SmYwzDO1DDdWaZCwYmBy0kjKbVwD2l6eMchK-g=" rel="nofollow" target="_blank" title="">Industrial IoT (IIoT) Market</a> was valued at USD 325.70 Billion in 2025 and is expected to reach USD 1,028.60 Billion by 2035, growing at a CAGR of 12.18% from 2026 to 2035. The Industrial IoT (IIoT) Market is experiencing substantial growth owing to the adoption of smart manufacturing, Industry 4.0, and industrial ecosystems. IIoT solutions allow organizations to implement real-time monitoring, predictive maintenance, asset management, operational efficiency, and minimizing downtime and maintenance expenses. The fast adoption of AI, edge computing, cloud computing, analysis, 5G, and industrial sensors is fueling market growth. <img alt="Industrial IoT (IIoT) Market" height="400" src="https://ml.globenewswire.com/Resource/Download/21bace75-4043-4998-80dc-d901b9195b8f/industrial-iot-iiot-market.jpg" width="600" data-dpi="96" data-filename="Industrial-IoT-(IIoT)-Market.jpg" /> Download PDF Sample of Industrial IoT (IIoT) Market @ <a href="https://www.globenewswire.com/Tracker?data=FdKRszCcndq9VbYGRYCWJ6n1fbsOxQNVIy8j6QQon-HrrkgIQdPcR4CMvmccs57kpox7yhg6DLwn3_PMCUhZ2snHEnYpKGAhENIZ1HyOngyMFb0BYyBT9-36tzOlWBDx2H4aif0xgZ5Fpvo6IzeH7cdD7XvH7Cn1icB2KGTDEp0=" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/sample-request/5518</a>  Key Takeaways: <ul><li>Leading Component: Hardware with approximately 41.80% share.</li><li>Leading Connectivity Technology: Wireless with approximately 58.60% share.</li><li>Leading Deployment: On-Premises with approximately 54.30% share.</li><li>Leading End Use: Manufacturing with approximately 36.00% share.</li><li>Largest Regional Market: North America with approximately 40.70% share.</li><li>Fastest-Growing Regional Market: Asia Pacific.</li></ul> Market Segmentation: By Component The Hardware segment accounted for the highest market share, estimated at 41.80% of the total Industrial Internet of Things (IIoT) market, owing to huge deployment of sensors, controllers, and industrial gateways in manufacturing and utility networks. The Software segment is anticipated to witness the highest growth rate over 2026-2035 at a CAGR of 15.60%. The rising demand for IIoT solutions from enterprises is the key driver of this segment. By Connectivity Technology The Wireless segment had a market share of 58.60% in the IIoT market in 2025 on account of its flexibility and economical nature when it comes to huge industrial sites, remote sensing, factories, pipeline, and utility networks. Moreover, Wireless is anticipated to grow at the fastest CAGR of 14.80% between 2026 and 2035 owing to the rising adoption of 5G and low power wide area networks and private 5G networks within manufacturing and logistics. By Deployment The On-Premises segment occupied the maximum market share of around 54.30% in 2025 on account of the need for data security, low latency, control, and integration with industrial platforms, such as SCADA and MES. Cloud is anticipated to grow the fastest at a CAGR of 16.90% from 2026 to 2035. This is mainly due to the demand for flexible architecture, aggregation of data from multiple sites, artificial intelligence (AI)-based analytics, and less investment in huge on-premise servers. By End Use Manufacturing was the key market for Industrial Internet of Things (IIoT) with a market share of 36.00% in 2025 due to the deployment of smart factories, production monitoring, predictive maintenance, and industrial automation in discrete manufacturing and process manufacturing. The energy &amp; utilities sector is likely to grow at the highest Compound Annual Growth Rate (CAGR) of 14.20% during 2026-2035 owing to the growing investment made in the modernization of grids, renewable energy monitoring, and predictive maintenance. If You Need Any Customization on Industrial IoT (IIoT) Market Report, Inquire Now @ <a href="https://www.globenewswire.com/Tracker?data=FdKRszCcndq9VbYGRYCWJ6n1fbsOxQNVIy8j6QQon-FLwkYP2B2meVokBjenrNtfba7uPh-tWLJKHvRtLcc_sfKu12SLiKBYea4QBpUkA_fnv80rf1WOg6Ddkw211v0Oq8la6aCjUXpj0SEo63Y1tg==" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/enquiry/5518</a>   Regional Analysis: The North American region was the biggest geographical market, contributing around 40.7% to the global Industrial Internet of Things (IIoT) Market in 2025. The region boasts excellent technological infrastructure, Industry 4.0 adoption, investments in smart factories, and industrial automation capabilities. The U.S. Industrial IoT (IIoT) Market was valued at USD 76.20 Billion in 2025 and is projected to reach USD 240.70 Billion by 2035, growing at a CAGR of 12.18% from 2026 to 2035. Strong capital expenditure in industrial automation and the presence of leading industrial technology and cloud providers continue to support market growth. The Europe Industrial Internet of Things (IIoT) Market is estimated to be USD 100.97 Billion in 2025 and is projected to reach USD 310.79 Billion by 2035, at a CAGR of 11.80%. Europe continues to be an important market for IIoT, enabled by Industry 4.0 uptake, robust manufacturing operations, and digital transformation programs backed by the government. In 2025, Germany topped Europe in terms of regional market share of 26.80%, driven by its extensive manufacturing operations and presence of automation companies. The Asia Pacific region is expected to grow at the fastest rate from 2026 to 2035, propelled by adoption of industrial automation, increased manufacturing, and government spending on smart factory facilities. In 2025, China had a market share of 39.40% in Asia Pacific, and other countries, including Japan, South Korea, and India, have also been contributing to regional expansion. Key Players: <ul><li style="margin-top:12pt;">Siemens AG</li><li style="margin-top:12pt;">Schneider Electric SE</li><li style="margin-top:12pt;">ABB Ltd.</li><li style="margin-top:12pt;">Honeywell International Inc.</li><li style="margin-top:12pt;">Rockwell Automation, Inc.</li><li style="margin-top:12pt;">Cisco Systems, Inc.</li><li style="margin-top:12pt;">IBM Corporation</li><li style="margin-top:12pt;">Microsoft Corporation</li><li style="margin-top:12pt;">PTC Inc.</li><li style="margin-top:12pt;">SAP SE</li><li style="margin-top:12pt;">Oracle Corporation</li><li style="margin-top:12pt;">Bosch Rexroth AG</li><li style="margin-top:12pt;">Emerson Electric Co.</li><li style="margin-top:12pt;">General Electric Company</li><li style="margin-top:12pt;">Hitachi, Ltd.</li><li style="margin-top:12pt;">Huawei Technologies Co., Ltd.</li><li style="margin-top:12pt;">Advantech Co., Ltd.</li><li style="margin-top:12pt;">Dell Technologies Inc.</li><li style="margin-top:12pt;">Intel Corporation</li><li style="margin-top:12pt;">NXP Semiconductors N.V.</li></ul> Recent Developments: 2026: Rockwell Automation and Augury announced a strategic partnership connecting Augury's Industrial AI Workforce with Rockwell's Fiix CMMS and FactoryTalk Optix, with the joint offering expected to launch in September 2026. 2026: Siemens and NVIDIA expanded their partnership to build an Industrial AI Operating System spanning the full industrial value chain, alongside launching Digital Twin Composer software. Buy Full Research Report on Industrial IoT (IIoT) Market 2026-2035 @ <a href="https://www.globenewswire.com/Tracker?data=FdKRszCcndq9VbYGRYCWJ6n1fbsOxQNVIy8j6QQon-GtvS40DNfk8DIx-Fib2VzB6E99slGAtOK7AUeuGqDi1E4gZWlCEr-MYwbWv7gmbdH86Ke4__SjrbKUFO6T8NPiGrRdt3jQQZH23PyIQR6m5A==" rel="nofollow" target="_blank" title="">https://www.snsinsider.com/checkout/5518</a>  Frequently Asked Questions (FAQs): Q: What is the expected CAGR of the Industrial IoT (IIoT) Market from 2026 to 2035? A: The Industrial IoT (IIoT) Market is expected to grow at a CAGR of 12.18% from 2026 to 2035. Q: What was the size of the Industrial IoT (IIoT) Market in 2025? A: The market was valued at USD 325.70 Billion in 2025. Q: What is the major growth factor driving the Industrial IoT (IIoT) Market? A: Industry 4.0 adoption, smart manufacturing, predictive maintenance, and increasing integration of AI and machine learning are major factors driving market growth. Q: Which component segment dominated the Industrial IoT (IIoT) Market? A: Hardware dominated the market with approximately 41.80% share in 2025. Q: Which region dominated the Industrial IoT (IIoT) Market in 2025? A: North America dominated the market with approximately 40.70% share in 2025. 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Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. <pre>CONTACT: Rohan Jadhav - Principal Consultant
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Industrial IoT (IIoT) Market to Reach $1,028.60 Billion by 2035 as Smart Manufacturing and Industry 4.0 Adoption Accelerate | Research by SNS Insider

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