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Market Analysis and Insights: Global Industrial Networking Solutions Market
The global Industrial Networking Solutions market size is projected to reach US$ 34770 million by 2028, from US$ 11230 million in 2021, at a CAGR of 17.0% during 2022-2028.
North America is estimated to account for the largest market share in the industrial networking solutions market in 2017. The factors that propel this growth include increase in adoption of smart connected devices, Industrial Internet of Everything (IIoE), and agile networks. Moreover, different stakeholders, such as industrial networking solution providers, Managed Service Providers (MSPs), technology consultants, and network operators, have partnered with major players to enhance the organizational networking ecosystem in North America. Asia-Pacific (APAC) is expected to grow at the highest CAGR during the forecast period attributed to the fact that it has witnessed the fastest growth rate, owing to the rapid development of the network infrastructure. Moreover, this region has witnessed robust initiatives to upsurge the industrial networking infrastructure in different countries. For instance, IIoT initiatives in Singapore form a part of a larger Smart Nation Initiative, which is expected to help foster stronger communities, create job opportunities, and improve public services.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Networking Solutions market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Networking Solutions market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Networking Solutions market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Networking Solutions market.
Global Industrial Networking Solutions Scope and Market Size
Industrial Networking Solutions market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Industrial Networking Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
WLAN
SDWAN
IIoT
Segment by Application
Automotive
Machine Manufacturing
Semiconductor and Electronics
Medical Devices
Logistics and Transportation
Energy and Utilities
Chemicals and Materials
Food and Beverage
Others
By Company
Juniper Networks
Huawei
Sierra Wireless
Dell Emc
Cisco
Rockwell Automation
Eaton
Veryx Technologies
HPE
Moxa
ABB
Belden
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The global Industrial Networking Solutions market size is projected to reach US$ 34770 million by 2028, from US$ 11230 million in 2021, at a CAGR of 17.0% during 2022-2028.
North America is estimated to account for the largest market share in the industrial networking solutions market in 2017. The factors that propel this growth include increase in adoption of smart connected devices, Industrial Internet of Everything (IIoE), and agile networks. Moreover, different stakeholders, such as industrial networking solution providers, Managed Service Providers (MSPs), technology consultants, and network operators, have partnered with major players to enhance the organizational networking ecosystem in North America. Asia-Pacific (APAC) is expected to grow at the highest CAGR during the forecast period attributed to the fact that it has witnessed the fastest growth rate, owing to the rapid development of the network infrastructure. Moreover, this region has witnessed robust initiatives to upsurge the industrial networking infrastructure in different countries. For instance, IIoT initiatives in Singapore form a part of a larger Smart Nation Initiative, which is expected to help foster stronger communities, create job opportunities, and improve public services.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Networking Solutions market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Networking Solutions market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Networking Solutions market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Networking Solutions market.
Global Industrial Networking Solutions Scope and Market Size
Industrial Networking Solutions market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Industrial Networking Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
WLAN
SDWAN
IIoT
Segment by Application
Automotive
Machine Manufacturing
Semiconductor and Electronics
Medical Devices
Logistics and Transportation
Energy and Utilities
Chemicals and Materials
Food and Beverage
Others
By Company
Juniper Networks
Huawei
Sierra Wireless
Dell Emc
Cisco
Rockwell Automation
Eaton
Veryx Technologies
HPE
Moxa
ABB
Belden
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
