Industrial Networking Solutions Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component, Connectivity, Deployment, and End-Use Industry

Description

The industrial networking solutions market was valued at US$ 29.45 billion in 2023 and is expected to reach US$ 137.70 billion by 2031; it is estimated to record a CAGR of 21.3% from 2023 to 2031.

Industrial networking solutions refer to the technologies and services that enable reliable and efficient communication and connectivity within industrial processes and operations. These solutions play a crucial role in optimizing industrial processes, improving efficiency, and enabling real-time monitoring and control. The increasing need for predictive maintenance in industrial settings is fueling the demand for industrial networking solutions. These solutions enable real-time monitoring, data collection, and analysis, allowing for proactive maintenance and minimizing downtime. The growth in demand for Software-Defined Wide Area Network (SDWAN) solutions is driving the industrial networking solutions market. SDWAN provides secure and efficient connectivity across geographically dispersed industrial networks, enhancing performance and reliability. The trend of Bring Your Own Device (BYOD) in industrial workplaces is creating opportunities for the industrial networking solutions market. BYOD allows employees to use their devices, such as laptops, tablets, and smartphones, for work purposes, necessitating robust networking solutions to ensure secure and seamless connectivity.

Saudi Arabia is a significant player in the MEA industrial networking solutions market. The country is witnessing rapid growth in the industrial Internet of Things (IoT) sector, with the development of cloud-based solutions and services aimed at improving security and operational intelligence for various sectors, including governments, enterprises, transport, and communities. The COVID-19 pandemic has forced manufacturing industries in the MEA region to re-evaluate their traditional production processes and adopt smart manufacturing practices. This shift has had a positive impact on the demand for factory automation and industrial control systems, with Saudi Arabia expected to be one of the leading regions in the MEA market due to increasing government investments in new technologies. The MEA region is witnessing an increasing demand for industrial networking solutions, driven by factors such as the need for real-time data solutions and services, the rise of Industry 4.0 initiatives, and the adoption of IoT technologies in various industries. Network solution vendors in the Middle East are providing customized network solutions to industries such as finance, energy, government, education, and healthcare. These solutions aim to improve business efficiency, reduce operating costs, and enhance competitiveness.

Product Code: TIPRE00010827

1. Introduction

1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness Analysis

3. Research Methodology

4. Industrial Networking Solutions Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. Industrial Networking Solutions Market - Key Market Dynamics

5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints

6. Industrial Networking Solutions Market - Global Market Analysis

6.1 Industrial Networking Solutions - Global Market Overview
6.2 Industrial Networking Solutions - Global Market and Forecast to 2031

7. Industrial Networking Solutions Market - Revenue Analysis (USD Million) - By Component, 2021-2031

7.1 Overview
7.2 Hardware
7.3 Software and Services

8. Industrial Networking Solutions Market - Revenue Analysis (USD Million) - By Deployment, 2021-2031

8.1 Overview
8.2 On-premises
8.3 Cloud

9. Industrial Networking Solutions Market - Revenue Analysis (USD Million) - By Connectivity, 2021-2031

9.1 Overview
9.2 Wired
9.3 Wireless

10. Industrial Networking Solutions Market - Revenue Analysis (USD Million) - By End-use Industry, 2021-2031

10.1 Overview
10.2 Automotive
10.3 BFSI
10.4 Manufacturing
10.5 Telecommunication
10.6 Logistics and Transportation
10.7 Others

11. Industrial Networking Solutions Market - Revenue Analysis (USD Million), 2021-2031 - Geographical Analysis

11.1 North America
- 11.1.1 North America Industrial Networking Solutions Market Overview
- 11.1.2 North America Industrial Networking Solutions Market Revenue and Forecasts to 2031
- 11.1.3 North America Industrial Networking Solutions Market Revenue and Forecasts and Analysis - By Component
- 11.1.4 North America Industrial Networking Solutions Market Revenue and Forecasts and Analysis - By Deployment
- 11.1.5 North America Industrial Networking Solutions Market Revenue and Forecasts and Analysis - By Connectivity
- 11.1.6 North America Industrial Networking Solutions Market Revenue and Forecasts and Analysis - By End-use Industry
- 11.1.7 North America Industrial Networking Solutions Market Revenue and Forecasts and Analysis - By Countries
  - 11.1.7.1 United States Industrial Networking Solutions Market
    - 11.1.7.1.1 United States Industrial Networking Solutions Market, by Component
    - 11.1.7.1.2 United States Industrial Networking Solutions Market, by Deployment
    - 11.1.7.1.3 United States Industrial Networking Solutions Market, by Connectivity
    - 11.1.7.1.4 United States Industrial Networking Solutions Market, by End-use Industry
  - 11.1.7.2 Canada Industrial Networking Solutions Market
    - 11.1.7.2.1 Canada Industrial Networking Solutions Market, by Component
    - 11.1.7.2.2 Canada Industrial Networking Solutions Market, by Deployment
    - 11.1.7.2.3 Canada Industrial Networking Solutions Market, by Connectivity
    - 11.1.7.2.4 Canada Industrial Networking Solutions Market, by End-use Industry
  - 11.1.7.3 Mexico Industrial Networking Solutions Market
    - 11.1.7.3.1 Mexico Industrial Networking Solutions Market, by Component
    - 11.1.7.3.2 Mexico Industrial Networking Solutions Market, by Deployment
    - 11.1.7.3.3 Mexico Industrial Networking Solutions Market, by Connectivity
    - 11.1.7.3.4 Mexico Industrial Networking Solutions Market, by End-use Industry

Note - Similar analysis would be provided for below mentioned regions/countries

11.2 Europe
- 11.2.1 Germany
- 11.2.2 France
- 11.2.3 Italy
- 11.2.4 United Kingdom
- 11.2.5 Russia
- 11.2.6 Rest of Europe
11.3 Asia-Pacific
- 11.3.1 Australia
- 11.3.2 China
- 11.3.3 India
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 Rest of Asia-Pacific
11.4 Middle East and Africa
- 11.4.1 South Africa
- 11.4.2 Saudi Arabia
- 11.4.3 U.A.E
- 11.4.4 Rest of Middle East and Africa
11.5 South and Central America
- 11.5.1 Brazil
- 11.5.2 Argentina
- 11.5.3 Rest of South and Central America

12. Industry Landscape

12.1 Mergers and Acquisitions
12.2 Agreements, Collaborations, Joint Ventures
12.3 New Product Launches
12.4 Expansions and Other Strategic Developments

13. Competitive Landscape

13.1 Heat Map Analysis by Key Players
13.2 Company Positioning and Concentration

14. Industrial Networking Solutions Market - Key Company Profiles

14.1 ABB
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments

Note - Similar information would be provided for below list of companies.

14.2 Belden Inc.
14.3 Cisco Systems, Inc.
14.4 Hewlett Packard Enterprise Development LP
14.5 Huawei Technologies Co., Ltd.
14.6 Moxa Inc.
14.7 Nokia
14.8 Rockwell Automation, Inc.
14.9 Semtech
14.10 Siemens

15. Appendix

15.1 Glossary
15.2 About The Insight Partners
15.3 Market Intelligence Cloud