Press release
Industrial Networking Solutions Market Trends and Forecast 2018 - 2028: Juniper Networks, Dell EMC, Huawei Technologies Co., Ltd., Sierra Wireless, Cisco Systems, Rockwell Automation, ABB
The need for industrial networking solutions is growing as major economic sectors are undergoing transformation as robots, vehicles and industrial control systems connect to the internet. Industrial networking solutions enable automation, not only at the factory level, but throughout the business processes. Thus, the demand for industrial networking solutions is increasing rapidly in various developing countries. Furthermore, the widespread adoption of personal devices in the workplace is also generating potential opportunities for the industrial networking solutions market. Moreover, the demand for industrial networking solutions is growing to provide integrated security and better manageability for industrial networks.
Global Industrial Networking Solutions Market: Dynamics
Drivers
The growing need for predictive maintenance and continuous increase in the demand for software defined wide area network are the primary factors fuelling the growth of the industrial networking solutions market. Also, the growing trend of BYOD (Bring-Your-Own-Device) is creating potential growth opportunities for the industrial networking solutions market. Moreover, the proliferation of wireless technologies in industry operations is also expected to drive the growth of the industrial networking solutions market. The growth of the smartphone and tablet market is enthralling many organizations to adopt industrial networking solutions to identify immediate needs in digital customer experience.
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Apart from this, the advent of data analytics and data processing tools is also expected to drive the growth of the industrial networking solutions market during the forecast period. Moreover, the continuous increase in the number of IoT devices is one of the major factors fuelling the growth of the industrial networking solutions market.
Challenges
The rising complexities in connecting legacy systems to smart infrastructure is the primary factor hampering the growth of the industrial networking solutions market. Apart from this, data security and privacy concerns are hindering the growth of the industrial networking solutions market.
Global Industrial Networking Solutions Market: Segmentation
Segmentation of the industrial networking solutions market on the basis of component:
Hardware Software Services Network planning and optimization Network Integration Network Security Network testing Network Orchestration and provisioning Training and consulting Support and Maintenance
Segmentation of the industrial networking solutions market on the basis of networking type:
Wireless networking Wireline networking
Segmentation of the industrial networking solutions market on the basis of organization type:
Large Enterprises Small and Medium Enterprises
Segmentation of the industrial networking solutions market on the basis of deployment type:
Cloud-based On-premises
Segmentation of the industrial networking solutions market on the basis of vertical:
Global Industrial Networking Solutions Market: Competition Landscape
Some of the prominent players in the global industrial networking solutions market include Juniper Networks, Dell EMC, Huawei Technologies Co., Ltd., Sierra Wireless, Cisco Systems, Rockwell Automation, ABB, Veryx Technologies, Belden Inc. and Moxa, Inc.
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Global Industrial Networking Solutions Market: Regional Overview
On the basis of geography, North America is expected to be a large market for industrial networking solutions due to the early adoption of digital technologies and presence of various providers of industrial networking solutions in the region. The demand for industrial networking solutions in APAC and Europe is expected to grow rapidly in the coming few years due to the increasing adoption of cloud and mobile technologies by various small- and medium-sized companies. Furthermore, the rising trend of industrial IoT in various countries such as Japan, Germany, China, the U.K. and India is also expected to drive the growth of industrial networking solutions in Europe and Asia Pacific.
The industrial networking solutions markets in Latin America and the MEA are also expected to witness high growth in the industrial networking solutions market in the coming period due to the rise in digital technologies and increasing adoption of smart phones and tablets in these regions.
The report covers exhaustive analysis on:
Regional analysis for Global Industrial Networking Solutions Market includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Banking, Financial Services and Insurance (BFSI)
IT & Telecommunication
Automotive
Transportation & Logistics
Manufacturing
Consumer Electronics
Others
Global Industrial Networking Solutions Market Segments
Global Industrial Networking Solutions Market Dynamics
Historical Actual Market Size, 2013 – 2017
Global Industrial Networking Solutions Market Size & Forecast 2018 to 2028
Supply & Demand Value Chain for Industrial Networking Solutions Market
Global Industrial Networking Solutions Market Current Trends/Issues/Challenges
Competition & Companies involved in Industrial Networking Solutions Market
Industrial Networking Solutions Market Solutions Technology
Value Chain of Industrial Networking Solutions Market
Global Industrial Networking Solutions Market Drivers and Restraints
North America Industrial Networking Solutions Market
U.S.
Canada
Latin America Industrial Networking Solutions Market
Argentina
Mexico
Brazil
Rest of Latin America
Western Europe Industrial Networking Solutions Market
Germany
France
U.K.
Spain
Italy
Nordic
Benelux
Rest of Western Europe
Eastern Europe Industrial Networking Solutions Market
Poland
Russia
SEA & Others of APAC Industrial Networking Solutions Market
Australia and New Zealand (A&NZ)
India
ASEAN
Rest of SEA & Others of APAC
Japan Industrial Networking Solutions Market
China Industrial Networking Solutions Market
Middle East and Africa Industrial Networking Solutions Market
GCC Countries
North Africa
South Africa
Rest of MEA
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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