The global industrial Internet market will reach around USD 1.2 trillion in 2025
In recent years, the development of the Industrial Internet has deepened, and the scale of the industry and the participants have grown rapidly, accelerating the transformation of the traditional industrial support system, and driving the development of emerging industries. Forward-looking forecasts that the global industrial Internet market will reach around US$1.2 trillion in 2025.
1. Analysis of the development status of the global industrial Internet industry
——Analysis of development history
The global industrial Internet development can be divided into 4 stages;
The first stage was in the 60-80s, when the invention of the network and the interconnection between machines and machines were realized;
The second stage was in the 1990s, when the industrial network protocol and operating system were released, and the Internet of Things was proposed and industrial equipment was gradually networked;
The third stage was the formation of cloud computing and communication independent architecture protocols at the beginning of 2000, and the industrial Internet support system was gradually formed;
The fourth stage is the formation and development of the prototype of the Industrial Internet from 2010 to the present.
2) The global industrial Internet market is nearly 850 billion U.S. dollars
The United States, Europe, and the Asia-Pacific region are key areas for the development of the Industrial Internet. Among them, the U.S. Group has significant advantages. Giants such as GE, Microsoft, Rockwell, and Amazon are actively deploying, and various start-ups focus on cutting-edge innovation, which is expected to help the United States maintain its leading position in the industry. And European industrial giants such as Siemens, Bosch, ABB, SAP, etc. are also making rapid progress with their own basic advantages in the manufacturing industry.
According to CCID data, the global industrial Internet market in 2018 was 805.91 billion U.S. dollars, an increase of 5.51% over 2017. It is preliminarily estimated that the global industrial Internet market in 2019 will be about 846.56 billion U.S. dollars.
3) Analysis of economic benefits produced by the global industrial Internet
According to statistics, assuming that all industrial systems can increase the efficiency of 1%, it will bring significant economic benefits. In the next 15 years, a 1% reduction in the aviation industry’s fuel will save more than 30 billion U.S. dollars; a 1% increase in the efficiency of the medical industry will save 63 billion U.S. dollars; a 1% increase in power efficiency will save 66 billion U.S. dollars; and oil and gas capital expenditures will be reduced 1%, will save 90 billion US dollars.
2. Development trend and prospect analysis of the global industrial Internet industry
——Development trend analysis
In October 2020, at the "2020 Global Industrial Internet Conference", the Industrial Internet is a key infrastructure for the deep integration of a new generation of information technology and manufacturing. New utilization models and a new industrial ecology provide a picture of digitalization, networking and intelligence. Become an important cornerstone of the fourth industrial revolution.
In order to study and judge the global industrial Internet innovation trends and development trends, China Industrial Internet Research Institute and Northeastern University jointly carried out industrial Internet technology innovation and exploration, based on the research results, released the 2020-2021 global industrial Internet ten most growth technology prospects.
The ten technologies are: cloud-native technology based on container orchestration engine, low-code development technology for industrial systems, ultra-dense heterogeneous technology for industrial fields, "5G+MEC" intelligent connection technology, industrial Internet end-side integration technology, real-time data Warehouse construction technology, industrial Ethernet technology based on advanced physical layer, AI-driven industrial Internet intrusion detection technology, blockchain identification data management technology, and deep learning-based industrial system intelligent application technology.
2) Development prospect analysis: The scale of the global industrial Internet market may exceed one trillion US dollars in 2022
In the new round of global scientific and technological revolution and industrial transformation, the integration and development of information technology and various industries and fields has broad prospects and unlimited potential. It has become an irresistible trend of the times. Countries have increased their investment in the industrial Internet layout, and all hope Through the technological revolution, we will reduce our dependence on people, give better play to the value of people, and realize the development of each country in the direction of high quality, high efficiency, and green high-end. Therefore, in the future, the global industrial Internet will maintain a rapid growth trend for a long time.
It is estimated that in 2020, the global industrial Internet market is expected to reach around US$894.8 billion, and by 2022 it is expected to exceed US$1 trillion for the first time. By 2025, the global industrial Internet market will reach approximately US$1.2 trillion. From 2020 to 2025, the average annual compound growth rate will remain 6.00%, a steady growth.
