Press release
Industrial Networking Solutions Market 2021 Size, Status and Growth Outlook - Cisco Systems, Inc., Juniper Networks, Inc., Dell EMC (Dell Technologies Inc.), Rockwell Automation, Inc.
The Industrial Networking Solutions Market 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.The Industrial Networking Solutions Market is expected to register a CAGR of 20.34% over the forecast period from 2020 to 2025.
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Top Leading Companies of Industrial Networking Solutions Market are Cisco Systems, Inc., Juniper Networks, Inc., Dell EMC (Dell Technologies Inc.), Rockwell Automation, Inc., Sierra Wireless, Inc., Huawei Technologies Co. Ltd, Aruba Networks HPE, Eaton Corporation, Nokia Corporation, ABB Ltd, Hirschmann (Belden Inc.), Moxa Inc. and others.
Industry News and Updates
April 2020 - Cisco announced the intent to acquire privately-held Fluidmesh Networks, a provider wireless backhaul system. Fluidmesh will further extend Cisco's industrial wireless networking offerings to industries with moving assets and applications in situations where reliable backhaul is mission-critical. Cisco's scale, coupled with Fluidmesh's solution-based offerings and relationships with systems integrators, will accelerate Cisco's IIoT business to enable successful industrial wireless networking deployments and widen its reach to various partners and end-users.
- May 2020 - Dell Technologies announced Enterprise SONiC Distribution by Dell Technologies, a new set of fully supported open-source networking solutions. As industries are increasingly relying on modern hybrid cloud models to do business, the historically monolithic and proprietary approach to networking has created inefficiencies and unneeded complexity. Dell Technologies is building off the work Microsoft Corporation spearheaded as part of the Software for Open Networking in the Cloud (SONiC) open-source project.
Key Market Trends
Asia Pacific is Expected to Witness Fastest Growth
- Asia-Pacific is expected to witness the fastest growth during the forecast period, owing to the rapid development of the network infrastructure. Moreover, this region has seen robust initiatives to upsurge the industrial networking infrastructure in different countries. Backed by positive and proactive government support, China is betting big on the IIoT and, being one of the world's largest economies, operators as well as other vendors in the ecosystem, are helping to accelerate the delivery of compelling and secure industrial networking solutions including Low Power Wide Area networks, such as NB-IoT and LTE-M, which are helping to usher in innovative new services across China.
- The Japanese government launched a 5G spectrum designated for industries and local governments at the end of 2019. This will enable industries, organizations, and other regional authorities in Japan to utilize the next-generation of industrial-strength wireless connectivity, which is based on LTE and 5G technologies to create local reliable, private networks. In November 2019, Nokia and Hitachi Kokusai Electric formed a collaboration to provide an ecosystem of solutions to support the deployment of the latest digital automation services. Hitachi Kokusai Electric will provide its expertise in driving private LTE networks' usage for industry use and disaster prevention in Japan.
Regional Outlook of Industrial Networking Solutions Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Industrial Networking Solutions Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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