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Industrial Networking Solutions Market 2019 Size, Status, Revenue, Growth Rate, Services, Solutions, Analysis by Global Industry Revenue and Share Forecasts To 2023

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Industrial Networking Solutions Market 2019 Size, Status, Revenue, Growth Rate, Services, Solutions, Analysis by Global Industry Revenue and Share Forecasts To 2023

September 05
00:52 2019
Industrial Networking Solutions Market 2019 Size, Status, Revenue, Growth Rate, Services, Solutions, Analysis by Global Industry Revenue and Share Forecasts To 2023

Industrial Networking Solutions Market
The report on the Global Industrial Networking Solutions Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Highlights

Industrial networking solutions is a necessity for enterprises across various industry verticals to create an end-to-end robust network architecture. The widely used technology for this robust, secured, and scalable network is the use of industrial Internet of Things (IIoT). IIoT is used to establish a connection between different business processes/systems using automation. The major benefit of adopting industrial networking solutions is improved return on investment, increased efficiency in the manufacturing process, and digital transformation. However, concerns regarding data theft, malware attacks, and ransomware are still restraining the growth of industrial networking solutions market.

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Key players

The key players in industrial networking solutions market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major players are — Siemens AG (Germany), Cisco Systems Inc. (US), Juniper Networks (US), Dell Inc. (US), Moxa Inc. (US), ABB (Switzerland), Eaton (Ireland), Huawei Technologies Co. Ltd (China), Rockwell Automation Inc. (US), and Hewlett Packard Enterprise Development LP (US). These players contribute a major proportion towards market growth.

Segmentation

By component, the market is segmented into hardware and service. Hardware component is segmented into Ethernet switches, routers & gateways, network security devices, cables, and others. The service segment is further segmented into network access services, network infrastructure design services, implementation services, network performance validation services, and network management & monitoring services.

By technology, the market is segmented into software-defined wide area network (SDWAN), wireless local area network (WLAN), and industrial Internet of Things (IIoT).

By deployment, the market is segmented into on-cloud and on-premise.

By industry vertical, the market is segmented into semiconductor, automotive & transportation, energy & utilities, chemicals & petrochemicals, healthcare, and others.

Regional Analysis

The global Industrial Networking Solutions Market is driven by increasing adoption rate of IIoT solutions across different industries, along with the increased demand for software-based networking to reduce the latency and increase resource access time. The market is estimated to grow at a significant rate during the forecast period from 2017 to 2023. The geographical analysis of industrial networking solutions market is covered for major regions such as North America, Europe, Asia-Pacific and the rest of the world. North America is expected to lead the industrial networking solutions market during the forecast period. It is an established region in terms of IT infrastructure and adoption of new technologies with heavy expenditure from active market players on research and development. One of the major contributors of the leading market share of the region is the US. The US holds nearly 60% of the key IT vendors that develop and invest in new technologies. US is expected to dominate the North American market due to increased demand for SDWAN across various industries. This increased demand for SDWAN is the result of faster and rapid adoption of cloud and cloud computing services by major enterprises in the US.

On the other hand, Europe lags behind North America in terms of information & technology. However, Germany, the Netherlands, and the UK are among the highest contributing nations in terms of IT advancement and technological developments. The higher deployment rate of data centers across the Europe region is a major factor due to which enterprises are realizing the need for industrial networking solutions.

Considering the region with the highest growth rate, Asia-Pacific is expected to have advancement in wireless technology for industrial operations. Japan is one of the advanced countries in Asia-Pacific that has witnessed an increased adoption of IIoT based technologies. Furthermore, countries like China, India, South Korea, and Taiwan are enhancing their existing communications system technology and replacing their traditional industrial processes with the help of robotics and IoT. Organizations such as SAARC, BRICS, and ASAN provide initiatives to develop enhanced IT infrastructure.

Intended Audience

  • Network solution providers
  • Industrial networking solution providers
  • Network operators
  • Research organizations, universities, and consulting companies
  • Network testing service providers
  • Application design and software developers
  • Consultancy firms and advisory firms
  • Technology consultants
  • Government
  • OEM
  • Network solution distributors

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LIST OF TABLES

Table 1 Industrial Networking Solutions Market, By Region, 2018–2023

Table 2 North America: Industrial Networking Solutions Market, By Country, 2018–2023

Table 3 Europe: Industrial Networking Solutions Market, By Country, 2018–2023

Table 4 Asia-Pacific: Industrial Networking Solutions Market, By Country, 2018–2023

Table 5 Middle East & Africa: Industrial Networking Solutions Market, By Country, 2018–2023

Continued….

LIST OF FIGURES

FIGURE 1 Global Industrial Networking Solutions Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Industrial Networking Solutions Market

FIGURE 4 Value Chain Of Global Industrial Networking Solutions Market

FIGURE 5 Share Of Global Industrial Networking Solutions Market In 2017, By Country (In %)

Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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Website: https://www.marketresearchfuture.com/reports/industrial-networking-solutions-market-6371


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