Industrial Networking Solution Market Scope And Analysis

  • Report Code : TIPRE00010827
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 207
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Industrial Networking Solutions Market Analysis and Scope (2021 to 2022)

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Industrial Networking Solutions Market Report Scope

Report Attribute Details
Market size in 2023 US$ 29.45 billion
Market Size by 2031 US$ 137.70 Billion
Global CAGR (2023 - 2031) 21.3%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Hardware
  • Software & Services
By Connectivity
  • Wired
  • Wireless
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB
  • Belden Inc
  • Cisco Systems Inc
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co Ltd
  • Moxa Inc
  • Nokia
  • Rockwell Automation Inc
  • Semtech
  • Siemens
  • Industrial Networking Solutions Market News and Recent Developments

    The industrial networking solutions market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the industrial networking solutions market are listed below:

    • Fortinet expanded its lineup of industrial network protection solutions. The company has introduced new hardware and software additions to its OT Security Platform, specifically designed to safeguard assets connected to industrial networks. These additions aim to help enterprises converge their operational technology (OT) and information technology (IT) network operations while ensuring the protection of critical resources. (Source: Fortinet, Press Release, December 2023)
    • RS Components formed a strategic partnership with HMS Networks to enhance its range of industrial equipment networking solutions. The collaboration aims to broaden the selection of networking solutions available to customers, enabling them to connect and integrate their industrial equipment more effectively. (Source: RS Component, Press Release, July 2022)

    Industrial Networking Solutions Market Report Coverage and Deliverables

    The "Industrial Networking Solutions Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

    • Industrial networking solutions market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Industrial networking solutions market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Industrial networking solutions market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the industrial networking solutions market
    • Detailed company profiles