Industrial IoT Platform Technology Value Matrix 2023

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In the face of economic challenges, fragile supply chains, and high geopolitical risk, vendors in the Industrial IoT platform market are evolving their offerings. Moving away from a one-size-fits-all approach, vendors are focusing on use-case-specific functionalities that align with the unique needs of different industries. Despite some vendors abandoning the “platform” nomenclature, the market remains saturated with full-fledged solutions. Moreover, the growing adoption of IIoT among service providers and other industries beyond traditional manufacturing indicates the increasing relevance and diversification of the market.

For a detailed description of the Value Matrix methodology: Understanding the Value Matrix

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