Industrial Networking Solutions Industry Size, Growth, COVID19 Impact Analysis on Industry Share, Global Demand and Forecast to 2027
Industrial Networking Solutions
Industry Scenario:
The crippling effect of the global COVID-19
pandemic has detained the growth potential of the Industrial Networking
Solutions Industry. This MRFR report on the Industrial
Networking Solutions Industry indicates critical pointers that may emerge as growth hubs in the
future. Moreover, in-depth data analysis is estimated to offer a clearer growth
perspective to market participants.
According to the newest report by Market Research
Future (MRFR), the global Industrial Networking Solutions Industry is slated to acquire a noteworthy market valuation at a steady CAGR
over the review period.
Growing demand for SDWAN solutions is one of the
main factors driving the growth of Industrial Networking Solutions Industry
over the assessment period. Moreover, the increase in the adoption of IIoT
solutions for industrial work procedures is fuelling the growth of Industrial
Networking Solutions Industry in the coming years. However, concerns regarding
malware attacks, data theft, and ransomware are still restraining the growth of
the market for industrial networking solutions.
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Competitive Outlook:
key players identified by MRFR are Cisco Systems Inc. (US),
Siemens AG (Germany), Juniper Networks (US), Moxa Inc. (US), Dell Inc. (US),
ABB (Switzerland), Huawei Technologies Co. Ltd (China), Eaton (Ireland),
Rockwell Automation Inc. (US), Hewlett Packard Enterprise Development LP (US),
Sierra Wireless (Canada), Neteon Technologies Inc. (US), Belden Inc. (US), ITM
Communications Ltd (UK), Analog Devices Inc. (US), Black Box Network Services
(US), Yokogawa Electric Corporation (Japan), MicroSystems (India), Extreme
Networks (US), and CSG Networks Private Limited (India).
Segmentation:
· The global industrial networking solutions is segmented on the
basis of component, technology, deployment, industry verticals.
· By component, the Industrial Networking Solutions Industry is
segmented into hardware and service. The hardware component is sub-segmented
into routers & gateways, Ethernet switches, cables, network security
devices, and others. The service segment is sub-segmented into network infrastructure
design services, network access services, network performance validation
services, implementation services, and network management & monitoring
services.
· Based on the technology,
the Industrial Networking Solutions Industry is segmented into wireless local
area network (WLAN), software-defined extensive area network (SDWAN), and
industrial Internet of Things (IIoT).
· Based on the deployment, the market for industrial networking
solutions is segmented into on-premise and on-cloud.
·
Based
on the industry vertical, the market is segmented into automotive &
transportation, semiconductor, energy & utilities, healthcare, chemicals
& petrochemicals, and others.
Regional
Analysis:
Based on the
region, the global Industrial Networking Solutions Industry has been segmented
into Europe, Asia-Pacific, North America, and the rest of the world (including
Africa, the Middle East, and Latin America).
North American
region is likely to dominate the market for industrial networking solutions
over the forecast period and is projected to register a significant market
share. The developed countries of the North American region, such as US and
Canada, are expected to dominate the North American region owing to augmented
demand for SDWAN solutions by several end-use industries. This is driving the
usage and demand for industrial networking solutions in the region and is
likely to contribute considerably towards the market share over the review
period.
Asia-Pacific is
assessed as the fastest-growing region in the Industrial Networking Solutions
Industry over the review period, in terms of value and growth rate, owing to rise in wireless technology in industrial
operations. Developing Countries like China, India, and Taiwan are
technologically enhancing and are witnessing increased adoption of IIoT
solutions for the growth of their industrial sector. Hence, enterprises in
these countries have a notable contribution to the growth of the Asia-Pacific
region over the review period.
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Table
of Contents:
1
Executive Summary
2
Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4
Market Landscape
Continued….
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