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Discover the Global industrial internet of things (iiot) market forecast to 2022

The report covers the IIoT market segmented on the basis of device and technology, software, vertical, and geography. The IIoT market for transportation vertical is expected to grow at the highest rate between 2016 and 2022.

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The IoT has emerged as the next-generation technology which offers traffic less transportation by allowing real-time data analysis. This sector is undergoing transformation through the use of various IoT solutions including incident detection and reporting, smart signaling, and traffic monitoring.

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The IIoT market ecosystem includes IIoT manufacturers and solutions providers such as ARM Ltd. (U.K.), Cisco Systems, Inc. (U.S.), General Electric (U.S.) Intel Corporation (U.S.), Rockwell Automation, Inc. (U.S.), ABB(Switzerland), Texas Instruments Incorporated (U.S.), Dassault Systèmes (France), Honeywell International Inc. (U.S.), Huawei Technologies Co., Ltd. (China), IBM Corporation (U.S.), Kuka AG (Germany), NEC Corporation (Japan), Robert Bosch GmbH (Germany), Siemens AG (Germany), and ZIH Corp. (U.S.).

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