Industrial Networking Solution Market, By Component, By Networking Type, By End-use Industry, By Geography

Description

The Global Industrial Networking Solution Market is estimated to be valued at US$ 30.23 Bn in 2024 and is expected to reach US$ 110.06 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 20.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 30.23 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	20.30%	2031 Value Projection:	US$ 110.06 Bn

Figure. Industrial Networking Solution Market Share (%), By Region 2024

Industrial Networking Solution Market - IMG1

The global industrial networking solutions market has been witnessing steady growth in the recent years. Industrial networking involves using specialized computer networks and networking hardware in industrial environments for operational technology applications such as machine-to-machine communication, process and discrete manufacturing, automation, and Supervisory control and data acquisition system. It enables industries to improve productivity, reduce costs, increase visibility across plants and remote operations, and optimize asset utilization through real-time data collection, analysis and monitoring. Rising connectivity needs across industries such as oil & gas, automotive, chemicals, mining, food processing, has been driving demand for robust industrial networking infrastructure that can support the Internet of Things (IoT) and Industrial IoT initiatives of companies. Additionally, the trend towards decentralized production systems, remote monitoring and predictive analytics is augmenting the growth of this market.

Market Dynamics:

The global industrial networking solutions market is driven by rising adoption of industrial internet of things technologies across industries, growing need for asset optimization and remote operations, increasing focus on predictive maintenance through machine data analytics, and rapid industrialization worldwide. However, high initial investment costs and concerns regarding network security are some of the key factors expected to restrain the market growth. The emergence of new technologies like 5G networking and multi-access edge computing provides significant growth opportunities for players in this market. 5G can enable more flexible deployment of network nodes at the edge to support real-time applications in industrial environments. Edge computing brings cloud computing capabilities closer to IoT devices to enable local and real-time data processing for industrial applications.

Key features of the study:

This report provides in-depth analysis of the global industrial networking solutions market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global industrial networking solutions market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Aruba Networks, Belden Inc., Cisco Systems, Inc., Dell Technologies, Eaton Corporation plc, Huawei Technologies Co., Ltd., Juniper Networks, Nokia, Rockwell Automation, Schneider Electric, Siemens AG, Sierra Wireless, Telit, Texas Instruments, and Wind River

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global industrial networking solutions market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial networking solutions market.

Detailed Segmentation:

By Component
- Hardware
- Software
- Services
By Networking Type
- Wireless Networking
- Wireline Networking
By End-use Industry
- Automotive
- Financial and Banking Industry
- Manufacturing
- Telecommunication
- Logistics and Transportation
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Aruba Networks
- Belden Inc.
- Cisco Systems, Inc.
- Dell Technologies
- Eaton Corporation plc
- Huawei Technologies Co., Ltd.
- Juniper Networks
- Nokia
- Rockwell Automation
- Schneider Electric
- Siemens AG
- Sierra Wireless
- Telit
- Texas Instruments
- Wind River

Product Code: CMI7203

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Component
- Market Snippet, By Networking Type
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Industrial Networking Solution Market, By Component, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Software
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global Industrial Networking Solution Market, By Networking Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Wireless Networking
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Wireline Networking
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global Industrial Networking Solution Market, By End-use Industry, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Financial and Banking Industry
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Manufacturing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Telecommunication
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Logistics and Transportation
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

7. Global Industrial Networking Solution Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Networking Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Networking Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Networking Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Networking Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Networking Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Aruba Networks
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Belden Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Cisco Systems, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Dell Technologies
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Eaton Corporation plc
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Huawei Technologies Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Juniper Networks
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Nokia
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Rockwell Automation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Schneider Electric
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Siemens AG
- Sierra Wireless
- Telit
- Texas Instruments
- Wind River

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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