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In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Industrial Connectivity Market
Industrial Connectivity Market
Industrial Connectivity Market Size and Projected Growth Through 2030
The industrial connectivity market is forecasted to expand significantly, reaching a valuation of $79.49 billion by 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 7.4%. Several factors contribute to this upward trend, including the integration of artificial intelligence (AI) and predictive analytics in connectivity solutions, wider deployment of industrial 5G networks, and growth in cloud-based industrial network management platforms. Additionally, the increasing focus on cybersecurity for industrial networks and the rise of managed connectivity and optimization services are key drivers. Important trends shaping the market include real-time data transmission and monitoring, secure remote connectivity, industrial network management, machine-to-machine communication, and network design and integration services.
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Top Companies Leading the Industrial Connectivity Market
The industrial connectivity sector features numerous influential companies driving innovation and market expansion. Some of the prominent players include Google LLC, Microsoft Corporation, Verizon Business Network Services Inc, Siemens Aktiengesellschaft, International Business Machines Corporation (IBM), Cisco Systems Inc, Intel Corporation, Orange SA, Telefonica SA, Schneider Electric SE, Qualcomm Technologies Inc, Honeywell International Inc, ABB Ltd, Rockwell Automation Inc, Belden Inc., PTC Inc., Advantech Co Ltd, Digi International Inc, Moxa Inc, and Inductive Automation LLC.
Strategic Acquisitions Strengthening Market Positions
In September 2025, SJE, Inc., a US-based provider of control systems and industrial equipment solutions, acquired AMI Global, LLC from Cimbria Capital for an undisclosed sum. This acquisition aims to enhance SJE's portfolio in industrial Internet of Things (IIoT) and cloud-connected solutions by incorporating AMI Global's expertise in remote connectivity, monitoring, and cloud-based industrial equipment management. AMI Global, headquartered in the US, specializes in IIoT technologies encompassing hardware, software, and cloud services designed to monitor and connect industrial devices.
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Emerging Trends Enhancing Industrial Connectivity Solutions
Key market players are prioritizing unified IoT connectivity solutions to deliver consistent and reliable communication across industrial environments, including remote or difficult-to-access locations. These unified solutions combine terrestrial and non-terrestrial networks, enabling industrial devices to maintain uninterrupted data flow for applications like asset tracking, remote monitoring, and automated industrial processes. For example, in October 2025, US-based semiconductor and IoT provider Semtech Corporation partnered with satellite connectivity firm Skylo Technologies, Inc. to launch an end-to-end cellular and satellite IoT connectivity solution. This single-vendor platform allows devices to automatically switch between cellular and satellite networks, ensuring continuous data transmission. The package also includes a unified management platform and smart SIM, enabling industrial companies to monitor, manage, and bill connected devices from one dashboard, thereby boosting operational efficiency and connection reliability.
Detailed Segmentation of the Industrial Connectivity Market
The report divides the industrial connectivity market into various segments for a comprehensive view:
1) Component Type: Hardware, Software, Services
2) Technology Type: Industrial Ethernet, Fieldbus Communication, Cellular Connectivity, Low Power Wide Area Networks (LPWAN), Industrial Wireless Local Area Networks (IWLAN)
3) Network Connectivity Mode: Wired, Wireless
4) Deployment Mode: On-Premise, Cloud-Based
5) End-Use Industry: Aerospace and Defense, Automotive, Chemical, Energy and Utilities, Food and Beverage, Healthcare, Manufacturing, Mining and Metal, Oil and Gas, Transportation, and other industrial sectors
Further subcategories include:
- Hardware: Industrial Routers, Industrial Switches, Industrial Gateways, Connectivity Modules, Industrial Cables and Connectors, Network Interface Devices
- Software: Network Management Software, Industrial Communication Software, Connectivity Middleware, Device Management Software, Data Integration Platforms, Network Security Software
- Services: Installation and Configuration, Network Design and Engineering, Maintenance and Support, Managed Connectivity, System Integration, Network Optimization and Monitoring
This detailed classification highlights the diverse components and technologies that underpin the industrial connectivity market, reflecting its complexity and the broad range of solutions available to meet industrial communication needs worldwide.
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