The adoption of sensors in industries has given the rise to the industrial internet of things market. These sensors help in converting information from analog to digital. The industrial IoT identifies the interconnectivity of industrial processes and manufacturing equipment by the adoption of the internet of things (IoT). Computing power and data networking have increased the demand for sensors in the automation industry. Factors such as for instance continuous development of sensors and the adoption of computing, data, and connectivity technology, human-machine interaction, analytics and artificial intelligence, and digitization are expected to increase the demand for the Industrial Internet of Things (IIoT).

Industrial Internet of Things (IIoT) could be the development of a distributed control system that enables high quantities of automation using cloud computing to refine and optimize process controls. Furthermore, increasing digitalization and increasing government investments to promote the adoption of IoT in several industries such as for instance manufacturing and utilities are expected to increase the demand for IIoT. Businesses are reaping the advantages of IIoT to attain economies of scale by increasing their data analytics, improving overall quality, controlling costs using predictive maintenance.

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