Industrial Wireless Solution Market Research, By Type (Wireless Field Instruments, Mobile Computing Devices, Wireless Network), Organization Size (Large Enterprise, SMEs), Vertical (Process Industry, Discrete Industry) — Forecast till 2027
ID: MRFR/SEM/5779-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
The global industrial wireless solution market was valued at USD 2.55 billion in 2017 and is expected to reach USD 9.35 billion by the end of the forecast period with a CAGR of 25.0%
Advent of wireless solutions in industries play a major role towards the rapid development in radio frequencies and other connected devices solution such as industrial internet of things (IIoT). The industrial wireless solution are prominently based on the radio waves which generally occurs at the plysical layer of a network. In industries, the need for connecting various devices such as tablets, computers, servers, and even Wi-Fi routers require radio waves. It has been witnessed that the adoption of wireless devices in industries is increasing as these provide higher operational efficiency, and fast decision making capabilities. Moreover, wireless devices are easy to deploy and its infrastructural costs are less.
The factors that contribute towards the growth of wireless infrastructure market in the increased shift from enterprises to cloud based services and increased IIoT services. Moreover, the increased adoption of SDWAN solutions in industries also contribute towards the growth of the market. However, there are various factors that refrain the market growth. These factors include concerns regarding data security, and connectivity issues. In addition, high power consumption by wireless devices, and sensor nodes and lack of globally excepted wireless standard pose a challenge to the market.
Segmentation
The global industrial wireless solution market is segmented into type, organization size, vertical and region.
By type, the market is segmented into wireless field instruments, mobile computing devices, and wireless network.
By organization size, the market is segmented into large enterprise and small and medium sized enterprises.
By vertical, the market is segmented into process industry, and discrete industry. Process industry is further segmented into energy and utilities, chemicals and materials, food & beverage, and others. Discrete industry is further segmented into automotive, semiconductor & electronics, medical devices, and transportation.
By region, the industrial wireless solution market is segmented into North America, Europe, Asia-Pacific, and rest of the world.
Regional analysis
The global market for industrial wireless solution is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Industrial Wireless Solution 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 industrial wireless solutions market owing to the wide presence of key network service providers and wireless solution providers. Moreover, the US occupies major IT & telecom vendors such as Qualcomm, and Cisco Systems Inc that acre actively contributing towards industrial wireless solutions and are integrating new technologies such as IoT and Artificial Intelligence with wireless networks.
However, on the other hand, the countries such as China, Japan, India, and South Korea are rapidly advancing in industrial race, and wireless connectivity plays a major role in their development. As the semiconductor industry grows, the adoption of wireless solutions is expected to increase at double rate.
Global Industrial Wireless Solution Market, USD Billion 
Source: MRFR Analysis
Key Players
The key players in the industrial wireless solution 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—Cisco Systems Inc (US), Eaton Corporation PLC (Ireland), ABB Limited (Switzerland), Belden Inc (US), Emerson Electric Company (US), Honeywell International Inc (US), Siemens AG (Germany), Yokogawa Electric (Japan), AT&T (US), and Phoenix Contact GmbH & Co (Germany)
Apart from the top key players, the other players contribute nearly 30–35 % in the industrial wireless solution market. These include DataGear Inc (US), Ruckus Networks (US), OleumTech (US), Molex, LLC (US), General Electric (US), Neratec Solutions AG (Switzerland), Westermo Network Technologies AB (Sweden), Wipro Ltd (India), Value Line Inc (US), Cambium Networks, Ltd (US), Accenture PLC (US), Cognizant Technology Solutions Corp (US), Maestro Wireless Solutions Limited (China), Fluidmesh Networks LLC (US), Advantech Co., Ltd (Taiwan), HMS Industrial Networks (Sweden), and others.
Intended Audience
- Government Agencies
- Network Solution Providers
- Independent Software Vendors
- Consulting Firms
- System Integrators
- Research Institutes and Organizations
- Technology Standards Organizations
- Industrial Wireless Solution Vendors
- Application Developers
- Container Services Providers
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 9.35 Billion |
| CAGR | 25.0% |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2019 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Organization Size, Vertical |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors |
|
| Key Market Opportunities | The adoption of wireless devices in industries has been witnessed to increase as they provide higher operational efficiency and rapid decision-making capabilities. |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The industrial wireless solution market is anticipated to register 25% CAGR over the forecast period.
The industrial wireless solution market is expected to earn revenue worth USD 9.35 bn by 2023 end.
The U.S. exhibits consolidation of major IT vendors which is anticipated to provide impetus to growth of the industrial wireless solution market.
High power consumption is one of the major challenges faced by the key players.
The segments of the industrial wireless solution market are mobile computing devices, wireless field instruments, and wireless network.
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 Research Methodology
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 Wireless Solution
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 Wireless Solution Market by Type
7.1 Introduction
7.2 Wireless Field Instruments
7.2.1 Market Estimates & Forecast, 2020–2027
7.3 Mobile Computing Devices
7.3.1 Market Estimates & Forecast, 2020–2027
7.4 Wireless Network
7.4.1 Market Estimates & Forecast, 2020–2027
8 Industrial Wireless Solution Market by Organization Size
8.1 Introduction
8.2 Large Enterprise
8.2.1 Market Estimates & Forecast, 2020–2027
8.3 Small and Medium Sized Enterprise
8.3.1 Market Estimates & Forecast, 2020–2027
9 Industrial Wireless Solution Market by Deployment
9.1 Introduction
9.2 Cloud
9.2.1 Market Estimates & Forecast, 2020–2027
9.3 On-Premises
9.3.1 Market Estimates & Forecast, 2020–2027
10 Industrial Wireless Solution Market by Vertical
10.1 Introduction
10.2 Process Industry
10.2.1 Market Estimates & Forecast, 2020–2027
10.2.2 Energy & Utilities
10.2.2.1 Market Estimates & Forecast, 2020–2027
10.2.3 Chemicals & Materials
10.2.3.1 Market Estimates & Forecast, 2020–2027
10.2.4 Food & Beverage
10.2.4.1 Market Estimates & Forecast, 2020–2027
10.2.5 Others
10.2.5.1 Market Estimates & Forecast, 2020–2027
10.3 Discrete Industry
10.3.1 Automotive
10.3.1.1 Market Estimates & Forecast, 2020–2027
10.3.2 Semiconductor & Electronics
10.3.2.1 Market Estimates & Forecast, 2020–2027
10.3.3 Medical Devices
10.3.3.1 Market Estimates & Forecast, 2020–2027
10.3.4 Transportation
10.3.4.1 Market Estimates & Forecast, 2020–2027
11 Industrial Wireless Solution 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 Type, 2020–2027
11.2.3 Market Estimates & Forecast by Organization Size, 2020–2027
11.2.4 Market Estimates & Forecast by Deployment, 2020–2027
11.2.5 Market Estimates & Forecast by Vertical, 2020–2027
11.2.6 US
11.2.6.1 Market Estimates & Forecast by Type, 2020–2027
11.2.6.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.2.6.3 Market Estimates & Forecast by Deployment, 2020–2027
11.2.6.4 Market Estimates & Forecast by Vertical, 2020–2027
11.2.7 Mexico
11.2.7.1 Market Estimates & Forecast by Type, 2020–2027
11.2.7.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.2.7.3 Market Estimates & Forecast by Deployment, 2020–2027
11.2.7.4 Market Estimates & Forecast by Vertical, 2020–2027
11.2.8 Canada
11.2.8.1 Market Estimates & Forecast by Type, 2020–2027
11.2.8.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.2.8.3 Market Estimates & Forecast by Deployment, 2020–2027
11.2.8.4 Market Estimates & Forecast by Vertical, 2020–2027
11.3 Europe
11.3.1 Market Estimates & Forecast by Country, 2020–2027
11.3.2 Market Estimates & Forecast by Type, 2020–2027
11.3.3 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.4 Market Estimates & Forecast by Deployment, 2020–2027
11.3.5 Market Estimates & Forecast by Vertical, 2020–2027
11.3.6 Germany
11.3.6.1 Market Estimates & Forecast by Type, 2020–2027
11.3.6.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.6.3 Market Estimates & Forecast by Deployment, 2020–2027
11.3.6.4 Market Estimates & Forecast by Vertical, 2020–2027
11.3.7 France
11.3.7.1 Market Estimates & Forecast by Type, 2020–2027
11.3.7.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.7.3 Market Estimates & Forecast by Deployment, 2020–2027
11.3.7.4 Market Estimates & Forecast by Vertical, 2020–2027
11.3.8 Italy
11.3.8.1 Market Estimates & Forecast by Type, 2020–2027
11.3.8.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.8.3 Market Estimates & Forecast by Deployment, 2020–2027
11.3.8.4 Market Estimates & Forecast by Vertical, 2020–2027
11.3.9 Spain
11.3.9.1 Market Estimates & Forecast by Type, 2020–2027
11.3.9.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.9.3 Market Estimates & Forecast by Deployment, 2020–2027
11.3.9.4 Market Estimates & Forecast by Vertical, 2020–2027
11.3.10 UK
11.3.10.1 Market Estimates & Forecast by Type, 2020–2027
11.3.10.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.3.10.3 Market Estimates & Forecast by Deployment, 2020–2027
11.3.10.4 Market Estimates & Forecast by Vertical, 2020–2027
11.4 Asia-Pacific
11.4.1 Market Estimates & Forecast by Country, 2020–2027
11.4.2 Market Estimates & Forecast by Type, 2020–2027
11.4.3 Market Estimates & Forecast by Organization Size, 2020–2027
11.4.4 Market Estimates & Forecast by Deployment, 2020–2027
11.4.5 Market Estimates & Forecast by Vertical, 2020–2027
11.4.6 China
11.4.6.1 Market Estimates & Forecast by Type, 2020–2027
11.4.6.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.4.6.3 Market Estimates & Forecast by Deployment, 2020–2027
11.4.6.4 Market Estimates & Forecast by Vertical, 2020–2027
11.4.7 India
11.4.7.1 Market Estimates & Forecast by Type, 2020–2027
11.4.7.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.4.7.3 Market Estimates & Forecast by Deployment, 2020–2027
11.4.7.4 Market Estimates & Forecast by Vertical, 2020–2027
11.4.8 Japan
11.4.8.1 Market Estimates & Forecast by Type, 2020–2027
11.4.8.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.4.8.3 Market Estimates & Forecast by Deployment, 2020–2027
11.4.8.4 Market Estimates & Forecast by Vertical, 2020–2027
11.4.9 Rest of Asia-Pacific
11.4.9.1 Market Estimates & Forecast by Type, 2020–2027
11.4.9.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.4.9.3 Market Estimates & Forecast by Deployment, 2020–2027
11.4.9.4 Market Estimates & Forecast by Vertical, 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 Type, 2020–2027
11.5.3 Market Estimates & Forecast by Organization Size, 2020–2027
11.5.4 Market Estimates & Forecast by Deployment, 2020–2027
11.5.5 Market Estimates & Forecast by Vertical, 2020–2027
11.5.6 Middle East & Africa
11.5.6.1 Market Estimates & Forecast by Type, 2020–2027
11.5.6.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.5.6.3 Market Estimates & Forecast by Deployment, 2020–2027
11.5.6.4 Market Estimates & Forecast by Vertical, 2020–2027
11.5.7 Latin America
11.5.7.1 Market Estimates & Forecast by Type, 2020–2027
11.5.7.2 Market Estimates & Forecast by Organization Size, 2020–2027
11.5.7.3 Market Estimates & Forecast by Deployment, 2020–2027
11.5.7.4 Market Estimates & Forecast by Vertical, 2020–2027
12 Competitive Landscape
13 Company Profiles
13.1 Cisco Systems Inc (US)
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 Eaton Corporation PLC (Ireland)
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 ABB Limited (Switzerland)
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 Belden Inc (US)
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 Emerson Electric Company (US)
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 Honeywell International Inc (US)
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 Siemens AG (Germany)
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 Yokogawa Electric (Japan)
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 AT&T (US)
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 Phoenix Contact GmbH & Co (Germany)
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 Global Industrial Wireless Solution Market, by Type, 2020–2027
Table 2 Global Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 3 Global Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 4 Global Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 5 Global Industrial Wireless Solution Market, by Region, 2020–2027
Table 6 North America: Industrial Wireless Solution Market, by Country, 2020–2027
Table 7 North America Industrial Wireless Solution, Market, by Type, 2020–2027
Table 8 North America Industrial Wireless Solution, Market, by Organization Size, 2020–2027
Table 9 North America Industrial Wireless Solution, Market, by Deployment, 2020–2027
Table 10 North America Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 11 US Industrial Wireless Solution, Market, by Type, 2020–2027
Table 12 US Industrial Wireless Solution, Market, by Organization Size, 2020–2027
Table 13 US Industrial Wireless Solution, Market, by Deployment, 2020–2027
Table 14 US Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 15 Canada Industrial Wireless Solution, Market, by Type, 2020–2027
Table 16 Canada Industrial Wireless Solution, Market, by Organization Size, 2020–2027
Table 17 Canada Industrial Wireless Solution, Market, by Deployment, 2020–2027
Table 18 Canada Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 19 Mexico Industrial Wireless Solution, Market, by Type, 2020–2027
Table 20 Mexico Industrial Wireless Solution, Market, by Organization Size, 2020–2027
Table 21 Mexico Industrial Wireless Solution, Market, by Deployment, 2020–2027
Table 22 Mexico Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 23 Europe Industrial Wireless Solution Market, by Country, 2020–2027
Table 24 Europe Industrial Wireless Solution Market, by Type, 2020–2027
Table 25 Europe Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 26 Europe Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 27 Europe Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 28 Germany Industrial Wireless Solution Market, by Type, 2020–2027
Table 29 Germany Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 30 Germany Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 31 Germany Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 32 France Industrial Wireless Solution Market, by Type, 2020–2027
Table 33 France Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 34 France Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 35 France Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 36 UK Industrial Wireless Solution Market, by Type, 2020–2027
Table 37 UK Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 38 UK Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 39 UK Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 40 Spain Industrial Wireless Solution Market, by Type, 2020–2027
Table 41 Spain Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 42 Spain Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 43 Spain Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 44 Italy Industrial Wireless Solution Market, by Type, 2020–2027
Table 45 Italy Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 46 Italy Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 47 Italy Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 48 Asia-Pacific Industrial Wireless Solution Market, by Country, 2020–2027
Table 49 Asia-Pacific Industrial Wireless Solution Market, by Type, 2020–2027
Table 50 Asia-Pacific Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 51 Asia-Pacific Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 52 Asia-Pacific Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 53 China Industrial Wireless Solution Market, by Type, 2020–2027
Table 54 China Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 55 China Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 56 China Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 57 Japan Industrial Wireless Solution Market, by Type, 2020–2027
Table 58 Japan Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 59 Japan Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 60 Japan Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 61 India Industrial Wireless Solution Market, by Type, 2020–2027
Table 62 India Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 63 India Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 64 India Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 65 Rest of Asia-Pacific Industrial Wireless Solution Market, by Type, 2020–2027
Table 66 Rest of Asia-Pacific Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 67 Rest of Asia-Pacific Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 68 Rest of Asia-Pacific Industrial Wireless Solution Market, by Vertical, 2020–2027
Table 69 Rest of the World Industrial Wireless Solution Market, by Country, 2020–2027
Table 70 Rest of the world Industrial Wireless Solution Market, by Type, 2020–2027
Table 71 Rest of the World Industrial Wireless Solution Market, by Organization Size, 2020–2027
Table 72 Rest of the World Industrial Wireless Solution Market, by Deployment, 2020–2027
Table 73 Rest of the World Industrial Wireless Solution Market, by Vertical, 2020–2027
LIST OF FIGURES
FIGURE 1 Global Industrial Wireless Solution Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Industrial Wireless Solution Market
FIGURE 4 Value Chain of Global Industrial Wireless Solution Market
FIGURE 5 Share of Global Industrial Wireless Solution Market in 2020, by Country (in %)
FIGURE 6 Global Industrial Wireless Solution Market, 2020–2027
FIGURE 7 Sub-segments of Type
FIGURE 8 Global Industrial Wireless Solution Market Size, by Type, 2020
FIGURE 9 Share of Global Industrial Wireless Solution Market, by Type, 2020 to 2027
FIGURE 12 Global Industrial Wireless Solution Market Size, by Type, 2020
FIGURE 13 Share of Global Industrial Wireless Solution Market, by Type, 2020 to 2027