Industrial Networking Solutions Market Research Report – Forecast to 2027

Global Industrial Networking Solutions Market, By Component (Hardware, Service), Technology (SDWAN, WLAN, IIoT), Deployment (Cloud, On-Premise), Industry Vertical (Semiconductor, Automotive & Transportation, Energy & Utilities) — Forecast till 2027

ID: MRFR/ICT/4910-HCR | February 2021 | Region: Global | 100 pages

Industrial Networking Solutions Market Synopsis:


The era of industrial automation has brought significant changes in the way machines, manufacturing processes, and supply chains operate in an industrial facility. The equipment that are connected to the Internet are going through tremendous transformations including data transfer, analysis, and generating insights. Along with these transformations, there is a constant need for maintaining network connectivity and securing these networks from malware and cyber-attacks. Industrial networks, nowadays, are transforming themselves into a smart and converged networking system to provide a robust and efficient communication system.

One of the major components of the industrial network is the Ethernet which is used to connect a wide range of network components such as controllers, network devices, and computers. At present, Ethernet is used in industrial sectors like automotive, oil & gas, healthcare among others; however, it is expected to be replaced by fiber optics owing to the latter’s connectivity features including faster data transmission, reduced latency, and high throughput.


Increasing demand for SDWAN solutions is one of the major factors driving the growth of industrial networking solutions market. Moreover, the rise in the adoption of IIoT solutions for industrial work processes has fueled the growth of industrial networking solutions market. However, concerns regarding data theft, malware attacks, and ransomware are still restraining the growth of the market for industrial networking solutions.


Industrial Networking Solutions Market Segmentation:


  • By component, the market is segmented into hardware and service. Hardware component is segmented into Ethernet switches, routers & gateways, network security devices, cables, and others. The service segment is further segmented into network access services, network infrastructure design services, implementation services, network performance validation services, and network management & monitoring services.

  • By technology, the market is segmented into software-defined wide area network (SDWAN), wireless local area network (WLAN), and industrial Internet of Things (IIoT).

  • By deployment, the market is segmented into on-cloud and on-premise.

  • By industry vertical, the market is segmented into semiconductor, automotive & transportation, energy & utilities, chemicals & petrochemicals, healthcare, and others.


Industrial Networking Solutions Market Regional Analysis:
The global market for industrial networking solutions is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of industrial networking solutions market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


North America is expected to dominate the industrial networking solutions market during the forecast period. The US is expected to dominate the North American region owing to increased demand for SDWAN solutions by businesses operating in various countries of North America.


Asia-Pacific is expected to be the fastest growing region in the industrial networking solutions market due to rise in wireless technology in industrial operations. Countries like China and Taiwan are technically enhancing and have adopted IIoT solutions for their industrial sector. Hence, businesses in these countries have a major contribution in the growth of Asia-Pacific region.


Global Industrial Networking Solutions Market, USD Billions


Industrial Networking Solutions Market


Source: MRFR Analysis


The industrial networking solutions market is estimated to reach USD 24.82 billion by the end of forecast period with a CAGR of 19.2%.


Industrial Networking Solutions Market Key Players:
The key players in the industrial networking solutions market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Siemens AG (Germany), Cisco Systems Inc. (US), Juniper Networks (US), Dell Inc. (US), Moxa Inc. (US), ABB (Switzerland), Eaton (Ireland), Huawei Technologies Co. Ltd (China), Rockwell Automation Inc. (US), and Hewlett Packard Enterprise Development LP (US). These players contribute a major proportion towards market growth.


Apart from the top key players, there are other players that contribute nearly 30-35 % in the industrial networking solutions market. These include Sierra Wireless (Canada), Belden Inc. (US), Neteon Technologies Inc. (US), ITM Communications Ltd (UK), Yokogawa Electric Corporation (Japan), MicroSystems (India), Analog Devices Inc. (US), Extreme Networks (US), Black Box Network Services (US), and CSG Networks Private Limited (India).


Intended Audience:



  • Network solution providers

  • Industrial networking solution providers

  • Network operators

  • Research organizations, universities, and consulting companies

  • Network testing service providers

  • Application design and software developers

  • Consultancy firms and advisory firms

  • Technology consultants

  • Government

  • OEM

  • Network solution distributors



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 24.82 Billion (2023)
  CAGR   19.2% (2017-2023)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units    Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Component, Deployment
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Siemens AG (Germany), Cisco Systems Inc. (US), Juniper Networks (US), Dell Inc. (US), Moxa Inc. (US), ABB (Switzerland), Eaton (Ireland), Huawei Technologies Co. Ltd (China), Rockwell Automation Inc. (US), and Hewlett Packard Enterprise Development LP (US).
  Key Market Opportunities   The rise in the adoption of IIoT solutions for industrial work processes has fueled the growth of industrial networking solutions market.
  Key Market Drivers   Asia-Pacific is expected to be the fastest growing region in the industrial networking solutions market due to rise in wireless technology in industrial operations.


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Frequently Asked Questions (FAQ) :


The industrial networking solutions market is poised to strike 19.2% CAGR.

The industrial networking solutions market is anticipated to earn USD 24.82 Bn worth of revenue by 2023.

APAC is assessed to strike the fastest growth rate in the coming years.

The industry verticals profiled are semiconductor, healthcare, energy & utilities, automotive & transportation, chemicals & petrochemicals, and others.

Some of the players operating in the industrial networking solutions market are Siemens AG (Germany), Juniper Networks (US), Cisco Systems Inc. (US), Dell Inc. (US), ABB (Switzerland), Moxa Inc. (US), Eaton (Ireland), Rockwell Automation Inc. (US), Huawei Technologies Co. Ltd (China), and Hewlett Packard Enterprise Development LP (US)

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

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Industrial Networking Solutions

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Industrial Networking Solutions Market by Component

7.1 Introduction

7.2 Hardware

7.2.1 Ethernet Switches

7.2.1.1 Market Estimates & Forecast, 2020-2027

7.2.1.2 Market Estimates & Forecast by Region, 2020-2027

7.2.2 Routers & Gateways

7.2.2.1 Market Estimates & Forecast, 2020-2027

7.2.2.2 Market Estimates & Forecast by Region, 2020-2027

7.2.3 Network Security Devices

7.2.3.1 Market Estimates & Forecast, 2020-2027

7.2.3.2 Market Estimates & Forecast by Region, 2020-2027

7.2.4 Cables

7.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast by Region, 2020-2027

7.2.5 Others

7.2.5.1 Market Estimates & Forecast, 2020-2027

7.2.5.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Services

7.3.1 Network Access Services

7.3.1.1 Market Estimates & Forecast, 2020-2027

7.3.1.2 Market Estimates & Forecast by Region, 2020-2027

7.3.2 Network Infrastructure Design Services

7.3.2.1 Market Estimates & Forecast, 2020-2027

7.3.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3.3 Implementation Services

7.3.3.1 Market Estimates & Forecast, 2020-2027

7.3.3.2 Market Estimates & Forecast by Region, 2020-2027

7.3.4 Network Performance Validation Services

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast by Region, 2020-2027

7.3.5 Network Management and Monitoring Services

7.3.5.1 Market Estimates & Forecast, 2020-2027

7.3.5.2 Market Estimates & Forecast by Region, 2020-2027

8 Industrial Networking Solutions Market by Technology

8.1 Introduction

8.2 SDWAN

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 WLAN

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 IIoT

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

9 Industrial Networking Solutions Market by Deployment

9.1 Introduction

9.2 Cloud

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 On Premise

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

10 Industrial Networking Solutions Market by Industry Verticals

10.1 Introduction

10.2 Semiconductor

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Automotive & Transport

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Energy & Utilities

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.5 Chemicals & Petrochemicals

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 Healthcare

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

10.7 Others

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast by Region, 2020-2027

11 Industrial Networking Solutions Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast by Country, 2020-2027

11.2.2 Market Estimates & Forecast by Component, 2020-2027

11.2.3 Market Estimates & Forecast by Technology, 2020-2027

11.2.4 Market Estimates & Forecast by Deployment, 2020-2027

11.2.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast by Component, 2020-2027

11.2.6.2 Market Estimates & Forecast by Technology, 2020-2027

11.2.6.3 Market Estimates & Forecast by Deployment, 2020-2027

11.2.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast by Component, 2020-2027

11.2.7.2 Market Estimates & Forecast by Technology, 2020-2027

11.2.7.3 Market Estimates & Forecast by Deployment, 2020-2027

11.2.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast by Component, 2020-2027

11.2.8.2 Market Estimates & Forecast by Technology, 2020-2027

11.2.8.3 Market Estimates & Forecast by Deployment, 2020-2027

11.2.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast by Country, 2020-2027

11.3.2 Market Estimates & Forecast by Component, 2020-2027

11.3.3 Market Estimates & Forecast by Technology, 2020-2027

11.3.4 Market Estimates & Forecast by Deployment, 2020-2027

11.3.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast by Component, 2020-2027

11.3.6.2 Market Estimates & Forecast by Technology, 2020-2027

11.3.6.3 Market Estimates & Forecast by Deployment, 2020-2027

11.3.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast by Component, 2020-2027

11.3.7.2 Market Estimates & Forecast by Technology, 2020-2027

11.3.7.3 Market Estimates & Forecast by Deployment, 2020-2027

11.3.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3.8 Italy

11.3.8.1 Market Estimates & Forecast by Component, 2020-2027

11.3.8.2 Market Estimates & Forecast by Technology, 2020-2027

11.3.8.3 Market Estimates & Forecast by Deployment, 2020-2027

11.3.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3.9 Spain

11.3.9.1 Market Estimates & Forecast by Component, 2020-2027

11.3.9.2 Market Estimates & Forecast by Technology, 2020-2027

11.3.9.3 Market Estimates & Forecast by Deployment, 2020-2027

11.3.9.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.3.10 UK

11.3.10.1 Market Estimates & Forecast by Component, 2020-2027

11.3.10.2 Market Estimates & Forecast by Technology, 2020-2027

11.3.10.3 Market Estimates & Forecast by Deployment, 2020-2027

11.3.10.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast by Country, 2020-2027

11.4.2 Market Estimates & Forecast by Component, 2020-2027

11.4.3 Market Estimates & Forecast by Technology, 2020-2027

11.4.4 Market Estimates & Forecast by Deployment, 2020-2027

11.4.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast by Component, 2020-2027

11.4.6.2 Market Estimates & Forecast by Technology, 2020-2027

11.4.6.3 Market Estimates & Forecast by Deployment, 2020-2027

11.4.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast by Component, 2020-2027

11.4.7.2 Market Estimates & Forecast by Technology, 2020-2027

11.4.7.3 Market Estimates & Forecast by Deployment, 2020-2027

11.4.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast by Component, 2020-2027

11.4.8.2 Market Estimates & Forecast by Technology, 2020-2027

11.4.8.3 Market Estimates & Forecast by Deployment, 2020-2027

11.4.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast by Component, 2020-2027

11.4.9.2 Market Estimates & Forecast by Technology, 2020-2027

11.4.9.3 Market Estimates & Forecast by Deployment, 2020-2027

11.4.9.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast by Country, 2020-2027

11.5.2 Market Estimates & Forecast by Component, 2020-2027

11.5.3 Market Estimates & Forecast by Technology, 2020-2027

11.5.4 Market Estimates & Forecast by Deployment, 2020-2027

11.5.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast by Component, 2020-2027

11.5.6.2 Market Estimates & Forecast by Technology, 2020-2027

11.5.6.3 Market Estimates & Forecast by Deployment, 2020-2027

11.5.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast by Component, 2020-2027

11.5.7.2 Market Estimates & Forecast by Technology, 2020-2027

11.5.7.3 Market Estimates & Forecast by Deployment, 2020-2027

11.5.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

12 Competitive Landscape

13 Company Profiles

13.1 Siemens AG

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.1.5 SWOT Analysis

13.1.6 Key Strategy

13.2 Cisco Systems Inc.

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.2.6 Key Strategy

13.3 Juniper Networks Inc.

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.3.5 SWOT Analysis

13.3.6 Key Strategy

13.4 Dell Inc.

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.4.5 SWOT Analysis

13.4.6 Key Strategy

13.5 Moxa Inc.

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.5.5 SWOT Analysis

13.5.6 Key Strategy

13.6 ABB

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.6.5 SWOT Analysis

13.6.6 Key Strategy

13.7 Eaton

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.7.6 Key Strategy

13.8 Huawei Technologies Co. Ltd

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.8.5 SWOT Analysis

13.8.6 Key Strategy

13.9 Rockwell Automation Inc.

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.9.5 SWOT Analysis

13.9.6 Key Strategy

13.10 Hewlett Packard Enterprise Development LP

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.10.5 SWOT Analysis

13.10.6 Key Strategy

14 Conclusion


LIST OF TABLES

Table 1 Industrial Networking Solutions Market, by Region, 2020-2027

Table 2 North America: Industrial Networking Solutions Market, by Country, 2020-2027

Table 3 Europe: Industrial Networking Solutions Market, by Country, 2020-2027

Table 4 Asia-Pacific: Industrial Networking Solutions Market, by Country, 2020-2027

Table 5 Middle East & Africa: Industrial Networking Solutions Market, by Country, 2020-2027

Table 6 Latin America: Industrial Networking Solutions Market, by Country, 2020-2027

Table 7 Global Industrial Networking Solutions Component Market, by Region, 2020-2027

Table 8 North America: Industrial Networking Solutions Component Market, by Country, 2020-2027

Table 9 Europe: Industrial Networking Solutions Component Market, by Country, 2020-2027

Table 10 Asia-Pacific: Industrial Networking Solutions Component Market, by Country, 2020-2027

Table 11 Middle East & Africa: Industrial Networking Solutions Component Market, by Country, 2020-2027

Table 12 Latin America: Industrial Networking Solutions Component Market, by Country, 2020-2027

Table 13 Global Industrial Networking Solutions Technology Market, by Region, 2020-2027

Table 14 North America: Industrial Networking Solutions Technology Market, by Country, 2020-2027

Table 15 Europe: Industrial Networking Solutions Technology Market, by Country, 2020-2027

Table 16 Asia-Pacific: Industrial Networking Solutions Technology Market, by Country, 2020-2027

Table 17 Middle East & Africa: Industrial Networking Solutions Technology Market, by Country, 2020-2027

Table 18 Latin America: Industrial Networking Solutions Technology Market, by Country, 2020-2027

Table 19 Global Industrial Networking Solutions Deployment Market, by Region, 2020-2027

Table 20 North America: Industrial Networking Solutions Deployment Market, by Country, 2020-2027

Table 21 Europe: Industrial Networking Solutions Deployment Market, by Country, 2020-2027

Table 22 Asia-Pacific: Industrial Networking Solutions Deployment Market, by Country, 2020-2027

Table 23 Middle East & Africa: Industrial Networking Solutions Deployment Market, by Country, 2020-2027

Table 24 Latin America: Industrial Networking Solutions Deployment Market, by Country, 2020-2027

Table 25 Global Industrial Networking Solutions Industry Verticals Market, by Region, 2020-2027

Table 26 North America: Industrial Networking Solutions Industry Verticals Market, by Country, 2020-2027

Table 27 Europe: Industrial Networking Solutions Industry Verticals Market, by Country, 2020-2027

Table 28 Asia-Pacific: Industrial Networking Solutions Industry Verticals Market, by Country, 2020-2027

Table 29 Middle East & Africa: Industrial Networking Solutions Industry Verticals Market, by Country, 2020-2027

Table 30 Latin America: Industrial Networking Solutions Industry Verticals Market, by Country, 2020-2027


LIST OF FIGURES

FIGURE 1 Global Industrial Networking Solutions Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Industrial Networking Solutions Market

FIGURE 4 Value Chain of Global Industrial Networking Solutions Market

FIGURE 5 Share of Global Industrial Networking Solutions Market in 2020, by Country (in %)

FIGURE 6 Global Industrial Networking Solutions Market, 2020-2027

FIGURE 7 Sub-segments of Component

FIGURE 8 Global Industrial Networking Solutions Market Size, by Component, 2020

FIGURE 9 Share of Global Industrial Networking Solutions Market, by Component, 2020 TO 2027

FIGURE 10 Global Industrial Networking Solutions Market Size, by Technology, 2020

FIGURE 11 Share of Global Industrial Networking Solutions Market, by Technology, 2020 TO 2027

FIGURE 12 Global Industrial Networking Solutions Market Size, by Deployment, 2020

FIGURE 13 Share of Global Industrial Networking Solutions Market, by Deployment, 2020 TO 2027

FIGURE 14 Global Industrial Networking Solutions Market Size, by Industry Verticals, 2020

FIGURE 15 Share of Global Industrial Networking Solutions Market, by Industry Verticals, 2020 TO 2027