Global Industrial Networking Solutions Market

Global Industrial Networking Solutions Market is expected to reach US$ 37.6 Billion by 2024 from US$ 8.04 Billion in 2016 at a CAGR of 24.7%.

Global Industrial Networking Solutions Market Industrial Networking Solutions Market is segmented into by Component, by Deployment model, by Vertical, Networking type, Industry size, and Geography. Based on the Component are further divided into Services & Technology. Deployment mode id classified as On-premises & Cloud. Based on the Industry size market is divided into Small and medium enterprises, Large enterprises. Networking type is further classified into Wireline network and Wireless network. Vertical is split into Process Industry & Discrete Industry. Region wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

An industrial communication network is a backbone for any computerization framework engineering as it has been supplying effective methods for information trade, information controllability, and adaptability to interface different gadgets. Utilization of exclusive new correspondence in enterprises over the decade enhanced end-to-end computerized flag exactness and respectability. The drivers of the market are growing need for predictive maintenance. Increase in demand for SDWAN solutions. The rise of wireless technologies in industrial operations. As well as the retrains are data theft followed by loss of property. Weak against cyber-attacks and ransom wares.

Based on technology, wireless technology is widely used. With the success of wireless technologies in consumer electronics, standard wireless technologies are visualizing for the deployment in industrial environments as well. Industrial uses involving mobile subsystems or just the desire to save cabling make wireless technologies attractive.

In terms of region, Owing to the well-established economy, the most dominant region in the market which has a large number of networks and internet connection in North America. A continuous increase in the market, that including a rapid growth in this region and is constantly dominating the market and the current scenario. With the development and due to the early adoption of advanced technologies, such as SDWAN, Industrial Internet of Things (IIoT), and WLAN, the North American organizations have integrated the industry-grade networking solutions to hone their networking ecosystem.

Key players operate on the market are, Huawei, Cisco Systems, Veryx Technologies, ABB, Juniper Networks, Sierra Wireless, Aruba, Dell Emc, Eaton, Rockwell Automation, Juniper Networks, Aruba Networks, Moxa, Belden, Schneider Electric, Siemens, Actelis Networks, GE grid Solutions, and Industrial Networking Solutions.

The scope of the Global Industrial Networking Solutions Market

Global Industrial Networking Solutions Market, by Component

• Technology
• Services

Global Industrial Networking Solutions Market, by Deployment Mode

• On-Premises
• Cloud

Global Industrial Networking Solutions Market, by Industry Size

• Small & Medium Enterprises
• Large Enterprises

Global Industrial Networking Solutions Market, by Networking Type

• Wireline Networking
• Wireless Networking

Global Industrial Networking Solutions Market, by Vertical

• Process Industry
• Discrete Industry

Global Industrial Networking Solutions Market, by Geographies:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Key players in Global Industrial Networking Solutions Market

• Huawei
• Cisco Systems
• Veryx Technologies
• ABB
• Juniper Networks
• Sierra Wireless
• Aruba
• Dell Emc
• Eaton
• Rockwell Automation
• Juniper Networks
• Aruba Networks
• Moxa, Belden
• Schneider Electric
• Siemens
• Actelis Networks
• GE grid Solutions

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