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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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.
The global market for industrial networking solutions 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.
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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
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 %)