post image Industrial IoT Market 2020-2030 by Offering (Hardware, Software, Services, Connectivity), Technology, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity

  • Report ID: 3417
  • Date: Sep, 2021
  • Pages: 188
  • Category: ICT & Media

Global industrial IoT market will reach $205.7 billion by 2030, growing by 10.8% annually over 2020-2030 driven by extensive government support in encouraging digitalization across the industrial sector, rise in adoption of industrial IoT devices, and growing incorporation of advanced technologies such as cloud computing platforms and AI.

Highlighted with 63 tables and 94 figures, this 188-page report “Global Industrial IoT Market 2020-2030 by Offering (Hardware, Software, Services, Connectivity), Technology, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global industrial IoT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global industrial IoT market in every aspect of the classification from perspectives of Offering, Technology, Application, Industry Vertical, and Region.

Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

• Hardware
• Software & Solutions
• Services
o Professional Services
o Managed Services
• Connectivity
o Wired Technology
o Wireless Technology
o Field Technologies

Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

• Sensors
• Camera
• Distributed Control Systems
• Industrial Robotics
• Condition Monitoring
• RFID
• Yield Monitor
• GPS/GNSS
• Other Technologies

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

• Data Management Solutions for Analytics
• Smart Robotics
• Distribution Management System
• Manufacturing Execution System (MES)
• Asset and Resource Optimization
• Product Lifecycle Management
• Remote Monitoring
• Retail Management System
• Predictive Maintenance
• Other Applications

Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

• Manufacturing Industry
• Automotive & Transportation
• Energy and Utilities
• Healthcare
• Oil & Gas
• Agriculture
• Metal and Mining
• Retail Industry
• Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global industrial IoT market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

ABB Ltd.
A.P Moller-Maersk A/S
Accenture plc
AT&T INC.
CATERPILLAR INC.
Cisco Systems Inc.
FANUC CORPORATION
GE Digital
HCL Technologies Limited
Hitachi Vantara Corporation
IBM
Intel Corporation
KUKA AG
MAVERICK Technologies, LLC.
ORANGE
PTC Inc.
Robert Bosch GmbH
Rockwell Automation, Inc.
Siemens AG
Tata Communications
Telia Company
Verizon Communications Inc.
Vodafone Group Plc
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 17
1.2.6 Market Size/Share Estimation 18
1.2.7 Research Limitations 19
1.3 Executive Summary 20
2 Market Overview and Dynamics 23
2.1 Market Size and Forecast 23
2.1.1 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Global Market by Offering 41
3.1 Market Overview by Offering 41
3.2 Hardware 43
3.3 Software & Solutions 44
3.4 Services 45
3.5 Connectivity 47
4 Segmentation of Global Market by Technology 49
4.1 Market Overview by Technology 49
4.2 Sensors 51
4.3 Camera 52
4.4 Distributed Control Systems 53
4.5 Industrial Robotics 54
4.6 Condition Monitoring 55
4.7 RFID 56
4.8 Yield Monitor 57
4.9 GPS/GNSS 58
4.10 Other Technologies 59
5 Segmentation of Global Market by Application 60
5.1 Market Overview by Application 60
5.2 Data Management Solutions for Analytics 62
5.3 Smart Robotics 63
5.4 Distribution Management System 64
5.5 Manufacturing Execution System (MES) 65
5.6 Asset and Resource Optimization 66
5.7 Product Lifecycle Management 67
5.8 Remote Monitoring 68
5.9 Retail Management System 69
5.10 Predictive Maintenance 70
5.11 Other Applications 71
6 Segmentation of Global Market by Industry Vertical 72
6.1 Market Overview by Industry Vertical 72
6.2 Manufacturing Industry 74
6.3 Automotive & Transportation 75
6.4 Energy and Utilities 76
6.5 Healthcare 77
6.6 Oil & Gas 78
6.7 Agriculture 79
6.8 Metal and Mining 80
6.9 Retail Industry 81
6.10 Other Industry Verticals 82
7 Segmentation of Global Market by Region 83
7.1 Geographic Market Overview 2019-2030 83
7.2 North America Market 2019-2030 by Country 87
7.2.1 Overview of North America Market 87
7.2.2 U.S. 91
7.2.3 Canada 95
7.2.4 Mexico 97
7.3 European Market 2019-2030 by Country 99
7.3.1 Overview of European Market 99
7.3.2 Germany 103
7.3.3 U.K. 105
7.3.4 France 107
7.3.5 Spain 109
7.3.6 Italy 111
7.3.7 Russia 113
7.3.8 Rest of European Market 115
7.4 Asia-Pacific Market 2019-2030 by Country 117
7.4.1 Overview of Asia-Pacific Market 117
7.4.2 Japan 121
7.4.3 China 124
7.4.4 Australia 126
7.4.5 India 128
7.4.6 South Korea 130
7.4.7 Rest of APAC Region 132
7.5 South America Market 2019-2030 by Country 134
7.5.1 Argentina 137
7.5.2 Brazil 139
7.5.3 Chile 141
7.5.4 Rest of South America Market 143
7.6 MEA Market 2019-2030 by Country 144
7.6.1 UAE 147
7.6.2 Saudi Arabia 149
7.6.3 South Africa 151
7.6.4 Other National Markets 153
8 Competitive Landscape 154
8.1 Overview of Key Vendors 154
8.2 New Product Launch, Partnership, Investment, and M&A 157
8.3 Company Profiles 158
ABB Ltd. 158
A.P Moller-Maersk A/S 160
Accenture plc 161
AT&T INC. 162
CATERPILLAR INC. 163
Cisco Systems Inc. 164
FANUC CORPORATION 165
GE Digital 166
HCL Technologies Limited 167
Hitachi Vantara Corporation 168
IBM 169
Intel Corporation 170
KUKA AG 171
MAVERICK Technologies, LLC. 172
ORANGE 173
PTC Inc. 174
Robert Bosch GmbH 175
Rockwell Automation, Inc. 176
Siemens AG 177
Tata Communications 178
Telia Company 179
Verizon Communications Inc. 180
Vodafone Group Plc 181
9 Investing in Global Market: Risk Assessment and Management 182
9.1 Risk Evaluation of Global Market 182
9.2 Critical Success Factors (CSFs) 185
Related Reports and Products 188

List of Tables

Table 1. Snapshot of Global Industrial IoT Market in Balanced Perspective, 2019-2030 21
Table 2. Main Product Trends and Market Opportunities in Global Industrial IoT Market 33
Table 3. Global Industrial IoT Market by Offering, 2019-2030, $ mn 41
Table 4. Global Industrial IoT Market: Services by Type, 2019-2030, $ mn 46
Table 5. Global Industrial IoT Market: Connectivity by Type, 2019-2030, $ mn 48
Table 6. Global Industrial IoT Market by Technology, 2019-2030, $ mn 49
Table 7. Global Industrial IoT Market by Application, 2019-2030, $ mn 60
Table 8. Global Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 72
Table 9. Global Industrial IoT Market by Region, 2019-2030, $ mn 84
Table 10. Leading National Industrial IoT Market, 2019 and 2030F, $ mn 86
Table 11. North America Industrial IoT Market by Country, 2019-2030, $ mn 89
Table 12. U.S. Industrial IoT Market by Offering, 2019-2030, $ mn 93
Table 13. U.S. Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 93
Table 14. Canada Industrial IoT Market by Offering, 2019-2030, $ mn 96
Table 15. Canada Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 96
Table 16. Mexico Industrial IoT Market by Offering, 2019-2030, $ mn 98
Table 17. Mexico Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 98
Table 18. Europe Industrial IoT Market by Country, 2019-2030, $ mn 102
Table 19. Germany Industrial IoT Market by Offering, 2019-2030, $ mn 104
Table 20. Germany Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 104
Table 21. U.K. Industrial IoT Market by Offering, 2019-2030, $ mn 106
Table 22. U.K. Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 106
Table 23. France Industrial IoT Market by Offering, 2019-2030, $ mn 108
Table 24. France Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 108
Table 25. Spain Industrial IoT Market by Offering, 2019-2030, $ mn 110
Table 26. Spain Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 110
Table 27. Italy Industrial IoT Market by Offering, 2019-2030, $ mn 112
Table 28. Italy Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 112
Table 29. Russia Industrial IoT Market by Offering, 2019-2030, $ mn 114
Table 30. Russia Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 114
Table 31. Industrial IoT Market in Rest of Europe by Country, 2019-2030, $ mn 116
Table 32. APAC Industrial IoT Market by Country, 2019-2030, $ mn 119
Table 33. Japan Industrial IoT Market by Offering, 2019-2030, $ mn 123
Table 34. Japan Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 123
Table 35. China Industrial IoT Market by Offering, 2019-2030, $ mn 125
Table 36. China Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 125
Table 37. Australia Industrial IoT Market by Offering, 2019-2030, $ mn 127
Table 38. Australia Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 127
Table 39. India Industrial IoT Market by Offering, 2019-2030, $ mn 129
Table 40. India Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 129
Table 41. South Korea Industrial IoT Market by Offering, 2019-2030, $ mn 131
Table 42. South Korea Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 131
Table 43. Industrial IoT Market in Rest of APAC by Country/Region, 2019-2030, $ mn 133
Table 44. South America Industrial IoT Market by Country, 2019-2030, $ mn 136
Table 45. Argentina Industrial IoT Market by Offering, 2019-2030, $ mn 138
Table 46. Argentina Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 138
Table 47. Brazil Industrial IoT Market by Offering, 2019-2030, $ mn 140
Table 48. Brazil Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 140
Table 49. Chile Industrial IoT Market by Offering, 2019-2030, $ mn 142
Table 50. Chile Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 142
Table 51. MEA Industrial IoT Market by Country, 2019-2030, $ mn 146
Table 52. UAE Industrial IoT Market by Offering, 2019-2030, $ mn 148
Table 53. UAE Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 148
Table 54. Saudi Arabia Industrial IoT Market by Offering, 2019-2030, $ mn 150
Table 55. Saudi Arabia Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 150
Table 56. South Africa Industrial IoT Market by Offering, 2019-2030, $ mn 152
Table 57. South Africa Industrial IoT Market by Industry Vertical, 2019-2030, $ mn 152
Table 58. ABB Ltd.: Company Snapshot 158
Table 59. ABB Ltd.: Business Segmentation 158
Table 60. ABB Ltd.: Product Portfolio 159
Table 61. ABB Ltd.: Revenue, 2017-2019, $ mn 159
Table 62. Risk Evaluation for Investing in Global Market, 2019-2030 183
Table 63. Critical Success Factors and Key Takeaways 186

List of Figures

Figure 1. Research Method Flow Chart 14
Figure 2. Breakdown of Primary Research 16
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 18
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 20
Figure 5. Global Industrial IoT Market, 2019-2030, $ mn 23
Figure 6. Impact of COVID-19 on Business 24
Figure 7. Primary Drivers and Impact Factors of Global Industrial IoT Market 26
Figure 8. World 5G Technology Market, 2019-2030, $ bn 29
Figure 9. World 5G Enabled IIoT Market, 2019-2030, $ bn 29
Figure 10. Primary Restraints and Impact Factors of Global Industrial IoT Market 30
Figure 11. Investment Opportunity Analysis 34
Figure 12. Porter’s Fiver Forces Analysis of Global Industrial IoT Market 37
Figure 13. Breakdown of Global Industrial IoT Market by Offering, 2019-2030, % of Revenue 42
Figure 14. Global Addressable Market Cap in 2021-2030 by Offering, Value ($ mn) and Share (%) 42
Figure 15. Global Industrial IoT Market: Hardware, 2019-2030, $ mn 43
Figure 16. Global Industrial IoT Market: Software & Solutions, 2019-2030, $ mn 44
Figure 17. Global Industrial IoT Market: Services, 2019-2030, $ mn 45
Figure 18. Global Industrial IoT Market: Connectivity, 2019-2030, $ mn 47
Figure 19. Breakdown of Global Industrial IoT Market by Technology, 2019-2030, % of Sales Revenue 50
Figure 20. Global Addressable Market Cap in 2021-2030 by Technology, Value ($ mn) and Share (%) 50
Figure 21. Global Industrial IoT Market: Sensors, 2019-2030, $ mn 51
Figure 22. Global Industrial IoT Market: Camera, 2019-2030, $ mn 52
Figure 23. Global Industrial IoT Market: Distributed Control Systems, 2019-2030, $ mn 53
Figure 24. Global Industrial IoT Market: Industrial Robotics, 2019-2030, $ mn 54
Figure 25. Global Industrial IoT Market: Condition Monitoring, 2019-2030, $ mn 55
Figure 26. Global Industrial IoT Market: RFID, 2019-2030, $ mn 56
Figure 27. Global Industrial IoT Market: Yield Monitor, 2019-2030, $ mn 57
Figure 28. Global Industrial IoT Market: GPS/GNSS, 2019-2030, $ mn 58
Figure 29. Global Industrial IoT Market: Other Technologies, 2019-2030, $ mn 59
Figure 30. Breakdown of Global Industrial IoT Market by Application, 2019-2030, % of Sales Revenue 61
Figure 31. Global Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 61
Figure 32. Global Industrial IoT Market: Data Management Solutions for Analytics, 2019-2030, $ mn 62
Figure 33. Global Industrial IoT Market: Smart Robotics, 2019-2030, $ mn 63
Figure 34. Global Industrial IoT Market: Distribution Management System, 2019-2030, $ mn 64
Figure 35. Global Industrial IoT Market: Manufacturing Execution System (MES), 2019-2030, $ mn 65
Figure 36. Global Industrial IoT Market: Asset and Resource Optimization, 2019-2030, $ mn 66
Figure 37. Global Industrial IoT Market: Product Lifecycle Management, 2019-2030, $ mn 67
Figure 38. Global Industrial IoT Market: Remote Monitoring, 2019-2030, $ mn 68
Figure 39. Global Industrial IoT Market: Retail Management System, 2019-2030, $ mn 69
Figure 40. Global Industrial IoT Market: Predictive Maintenance, 2019-2030, $ mn 70
Figure 41. Global Industrial IoT Market: Other Applications, 2019-2030, $ mn 71
Figure 42. Breakdown of Global Industrial IoT Market by Industry Vertical, 2019-2030, % of Revenue 73
Figure 43. Global Addressable Market Cap in 2021-2030 by Industry Vertical, Value ($ mn) and Share (%) 73
Figure 44. Global Industrial IoT Market: Manufacturing Industry, 2019-2030, $ mn 74
Figure 45. Global Industrial IoT Market: Automotive & Transportation, 2019-2030, $ mn 75
Figure 46. Global Industrial IoT Market: Energy and Utilities, 2019-2030, $ mn 76
Figure 47. Global Industrial IoT Market: Healthcare, 2019-2030, $ mn 77
Figure 48. Global Industrial IoT Market: Oil & Gas, 2019-2030, $ mn 78
Figure 49. Global Industrial IoT Market: Agriculture, 2019-2030, $ mn 79
Figure 50. Global Industrial IoT Market: Metal and Mining, 2019-2030, $ mn 80
Figure 51. Global Industrial IoT Market: Retail Industry, 2019-2030, $ mn 81
Figure 52. Global Industrial IoT Market: Other Industry Verticals, 2019-2030, $ mn 82
Figure 53. Global Market Snapshot by Region 83
Figure 54. Geographic Spread of Worldwide Industrial IoT Market, 2019-2030, % of Sales Revenue 84
Figure 55. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 85
Figure 56. North American Industrial IoT Market, 2019-2030, $ mn 88
Figure 57. Breakdown of North America Industrial IoT Market by Country, 2019 and 2030F, % of Revenue 89
Figure 58. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 90
Figure 59. U.S. Industrial IoT Market, 2019-2030, $ mn 92
Figure 60. Canada Industrial IoT Market, 2019-2030, $ mn 95
Figure 61. Industrial IoT Market in Mexico, 2015-2030F, $ mn 97
Figure 62. European Industrial IoT Market, 2019-2030, $ mn 100
Figure 63. Breakdown of European Industrial IoT Market by Country, 2019 and 2030F, % of Revenue 101
Figure 64. Contribution to Europe 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 102
Figure 65. Industrial IoT Market in Germany, 2019-2030, $ mn 103
Figure 66. Industrial IoT Market in U.K., 2019-2030, $ mn 105
Figure 67. Industrial IoT Market in France, 2019-2030, $ mn 107
Figure 68. Industrial IoT Market in Spain, 2019-2030, $ mn 109
Figure 69. Industrial IoT Market in Italy, 2019-2030, $ mn 111
Figure 70. Industrial IoT Market in Russia, 2019-2030, $ mn 113
Figure 71. Industrial IoT Market in Rest of Europe, 2019-2030, $ mn 115
Figure 72. Asia-Pacific Industrial IoT Market, 2019-2030, $ mn 118
Figure 73. Breakdown of APAC Industrial IoT Market by Country, 2019 and 2030F, % of Revenue 118
Figure 74. Contribution to APAC 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 120
Figure 75. Industrial IoT Market in Japan, 2019-2030, $ mn 122
Figure 76. Industrial IoT Market in China, 2019-2030, $ mn 124
Figure 77. Industrial IoT Market in Australia, 2019-2030, $ mn 126
Figure 78. Industrial IoT Market in India, 2019-2030, $ mn 128
Figure 79. Industrial IoT Market in South Korea, 2019-2030, $ mn 130
Figure 80. Industrial IoT Market in Rest of APAC, 2019-2030, $ mn 132
Figure 81. South America Industrial IoT Market, 2019-2030, $ mn 135
Figure 82. Breakdown of South America Industrial IoT Market by Country, 2019 and 2030F, % of Revenue 135
Figure 83. Contribution to South America 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 136
Figure 84. Industrial IoT Market in Argentina, 2019-2030, $ mn 137
Figure 85. Industrial IoT Market in Brazil, 2019-2030, $ mn 139
Figure 86. Industrial IoT Market in Chile, 2019-2030, $ mn 141
Figure 87. Industrial IoT Market in Rest of South America, 2019-2030, $ mn 143
Figure 88. Industrial IoT Market in Middle East and Africa (MEA), 2019-2030, $ mn 145
Figure 89. Breakdown of MEA Industrial IoT Market by Country, 2019 and 2030F, % of Revenue 145
Figure 90. Contribution to MEA 2021-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 146
Figure 91. Industrial IoT Market in UAE, 2019-2030, $ mn 147
Figure 92. Industrial IoT Market in Saudi Arabia, 2019-2030, $ mn 149
Figure 93. Industrial IoT Market in South Africa, 2019-2030, $ mn 151
Figure 94. Growth Stage of Global Industrial IoT Industry over the Forecast Period 154

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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