Industrial Networking Solutions Market Size, Top Players, and Forecast by 2031
Industrial Networking Solutions Market: Strategic Insights
Industrial Networking Solutions Market
-
CAGR (2023 - 2031)21.3% -
Market Size 2023
US$ 29.45 billion -
Market Size 2031
US$ 137.70 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Adoption of Wireless Technologies
- Rising Need for Predictive Maintenance
FUTURE TRENDS
- Integration of Industrial Internet of Things
- Emergence of Industry 4.0
OPPORTUNITIES
- Increasing Demand for SD-WAN Solution
Key Players
- ABB
- Belden Inc
- Cisco Systems Inc
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co Ltd
- Moxa Inc
- Nokia
- Rockwell Automation Inc
- Semtech
- Siemens
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Hardware
- Software & Services
Connectivity
- Wired
- Wireless