Global Industrial Networking Solutions Market Expected To Be Valued About USD 30.50 Billion By 2026

28-Sep-2020 | Zion Market Research

As per the researchers at Zion Market Research, the global industrial networking solutions market was capitalized at around USD 11.42 billion in 2019 and is projected to reach about USD 30.50 billion by 2026, registering about 20.9% CAGR during the forecast period. Few of the top players in the global industrial networking solutions market consist of Dell EMC, Cisco, Sierra Wireless, Juniper Networks, Veryx Technologies, Aruba Networks, Belden, Rockwell Automation, and Moxa. The expansion of the global industrial networking solutions market is expected to be propelled mainly by factors such as the demand for predictive maintenance and build-up of wireless technologies within industry processes. Furthermore, the introduction of data processing & data analytics along with the rise in need for Software-Defined Wide-Area Network (SDWAN) solutions is also projected to fuel the growth of the global industrial networking solutions market.

Global Industrial Networking Solutions Market Size

Technology Segment Is Projected To Witness Highest Growth Rate In The Coming Years

The wireless technologies, like LoRa, SDWAN, Wireless Local Area Network (WLAN), and SigFox, have assisted the industrial organizations to make their network infrastructure simpler by allowing manifold computer users to share resources at the same time at an operation center or on the plant floor, with no other intrusive hardware specification. Thus, this is likely to increase the adoption of these technologies during the coming period. Also, these technologies don’t need drilling into walls, stringing Ethernet cables, or laying wires within a manufacturing plant office or building.

North America Is Anticipated To Lead The Global Market During The Forecast Period

North America is expected to dominate the global industrial networking solutions market during the forecast period as a result of its supremacy with ingrained economies and sustainable, authorizing it to spend in R&D activities robustly. Also, on account of the early implementation of new technologies, like the Industrial Internet of Things (IIoT), WLAN, and SDWAN, the North American businesses would incorporate industry-grade networking solutions to improve their networking ecosystem. Several shareholders within the market, like Managed Service Provider (MSPs), industrial networking solution providers, network operators, and technology consultants, have collaborated with key players for the improvement of the networking ecosystem of their organizations. All these factors are projected to positively influence the growth of the regional market.

Browse the full “Global Industrial Networking Solutions Market - By Service (Network Integration, Network Planning & Optimization, And Others), By Technology (WLAN, SDWAN, And IIoT), By Vertical (Process Industry And Discrete Industry), By Application (Emergency & Incident Management, Predictive Maintenance, And Others), and By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/industrial-networking-solutions-market

The global industrial networking solutions market is segmented as follows:

By Component:

  • Technologies
  • Services

By Technology

  • WLAN
  • SDWAN
  • IIoT

By Service

  • Network planning and optimization
  • Network integration
  • Network orchestration
  • Training and education
  • Network security
  • Network provisioning
  • Support and maintenance
  • Network consulting
  • Network auditing and testing

By Application Area:

  • Remote monitoring
  • Asset tracking and management
  • Supply chain management
  • Real-time streaming and video
  • Emergency and incident management
  • Predictive maintenance

By Deployment:

  • Cloud
  • On-premises

By Vertical:

  • Discrete Industry
    • Automotive
    • Machine manufacturing
    • Semiconductor and electronics
    • Medical devices 
    • Logistics and transportation
  • Process Industry
    • Energy and utilities
    • Chemicals and materials 
    • Food and beverage
    • Water and waste management
    • Others (pharmaceutical, mining and metals, and pulp and paper)

By Networking Type:

  • Wireless networking
  • Wireline networking

By Industry Size:

  • Small and Medium Scale Industries
  • Large Scale Industries

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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