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Industrial Networking Solutions Market Future Outlook, COVID-19 Impact Analysis, Forecast - 2031

09-03-2024 04:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Industrial Networking Solutions Market

Industrial Networking Solutions Market

The global industrial networking solutions market is expected to grow at a significant CAGR of nearly 21.0% during the forecast period (2024-2031). The major factors propelling the growth of the market include the emergence of industrial IoT and Industry 4.0. Additionally, the adoption of emerging technologies such as cloud computing and 5G networks will propel the growth of the market. With the advent of new technologies and digital transformation, the industrial environment has seen substantial changes over the previous decade.

Get Free Sample link @ https://www.omrglobal.com/request-sample/industrial-networking-solutions-market

Some crucial players in the market are strengthening their market presence by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements. For instance, in January 2020, NXP Semiconductors N.V. introduced a multi-gigabit Ethernet switch for automobiles to offer the high-speed networks needed for connected vehicles to evolve. The NXP SJA1110 is one of the first automotive Ethernet switches with built-in safety features, including multi-gigabit connections and integrated hardware-assisted security. The SJA1110 switch is part of an integrated networking solution that includes the VR5510 power management I.C. and is optimized for interaction with NXP's S32G vehicle network processor.

Full report of Industrial Networking Solutions Market available @ https://www.omrglobal.com/industry-reports/industrial-networking-solutions-market

Market Coverage

Segment Covered-
o By Component

o By Technology

o By Application Area

o By Deployment

o By Vertical

o By Networking Type

Competitive Landscape- Huawei, Eaton, Cisco, Dell EMC, Juniper Networks, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Industrial Networking Solutions Market - Segmentation

By Component

• Technologies

• Services

By Technology

• WLAN

• SDWAN

• IIoT

By Application Area

• Remote Monitoring

• Asset Tracking and Management

• Supply Chain Management

• Real-Time Streaming and Video

• Emergency And Incident Management

• Predictive Maintenance

By Deployment

• Cloud

• On-Premises

By Vertical

• Discrete Industry

· Automotive

· Machine manufacturing

· Semiconductor and electronics

· Medical devices

· Logistics and transportation

• Process Industry

· Energy and utilities

· Chemicals and materials

· Food and beverage

· Water and waste management

· Others (pharmaceutical, mining and metals, and pulp and paper)

By Networking Type

• Wireless Networking

• Wireline Networking

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-networking-solutions-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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