Connected devices are now mainstream in our daily lives. Our phones tell us when people are at our doorstep, when our printer is running out of ink and even when our car is ready for service. In a similar paradigm, the industrial community is using IoT to connect equipment and assets in oil and gas, energy, utilities, agriculture and manufacturing. This is the world of Industrial IoT.
According to Grand View Research, the Industrial IoT (IIoT) market is expected to expand at a compound annual growth rate (CAGR) of 22.8% from 2021 to 2028. Key market drivers include cost reduction, productivity and quality improvements. In addition, IIoT is critical to leveraging new technologies such as private networking and edge computing, and following the Industry 4.0 roadmap.
In this paper, we will look in depth at the IIoT industry drivers, markets that are benefitting most from IIoT and the challenges in connecting a network of IIoT devices. We’ll also look at how the new Sierra Wireless AirLink RX55 cellular router solution delivers ruggedized, secure connectivity for IIoT applications.