Industrial Networking Solutions Market by Component (Services, Technologies), Technology (Industrial Internet of Things, Software-Defined Wide Area Network, Wireless Local Area Network), Service, Networking Type, Industry Size, Application, Deployment, Vertical - Global Forecast 2023-2030
The Industrial Networking Solutions Market size was estimated at USD 25.27 billion in 2022 and expected to reach USD 29.42 billion in 2023, at a CAGR 16.55% to reach USD 86.07 billion by 2030.
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Industrial Networking Solutions Market.
- Based on Component, market is studied across Services and Technologies. The Technologies is projected to witness significant market share during forecast period.
- Based on Technology, market is studied across Industrial Internet of Things, Software-Defined Wide Area Network, and Wireless Local Area Network. The Software-Defined Wide Area Network is projected to witness significant market share during forecast period.
- Based on Service, market is studied across Network Auditing & Testing, Network Consulting, Network Integration, Network Orchestration, Network Planning & Optimization, Network Provisioning, Network Security, Support & Maintenance, and Training & Education. The Network Orchestration is projected to witness significant market share during forecast period.
- Based on Networking Type, market is studied across Wireless Networking and Wireline Networking. The Wireline Networking is projected to witness significant market share during forecast period.
- Based on Industry Size, market is studied across Large-Scale Industries and Small & Medium-Scale Industries. The Large-Scale Industries is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Asset Tracking & Management, Emergency & Incident Management, Predictive Maintenance, Real-Time Streaming & Video, Remote Monitoring, and Supply Chain Management. The Asset Tracking & Management is projected to witness significant market share during forecast period.
- Based on Deployment, market is studied across Cloud and On-Premises. The Cloud is projected to witness significant market share during forecast period.
- Based on Vertical, market is studied across Discrete Industry and Process Industry. The Discrete Industry is further studied across Automotive, Logistics & Transportation, Machine Manufacturing, Medical Devices, and Semiconductor & Electronics. The Process Industry is further studied across Chemicals & Materials, Energy & Utilities, Food & Beverage, and Water & Waste Management. The Discrete Industry is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Industrial Networking Solutions Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Industrial Networking Solutions Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Industrial Networking Solutions Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, Antaira Technologies LLC, Aruba Networks, Inc. by Hewlett Packard Enterprise Development LP, Belden Inc., Cisco Systems Inc, CSG Networks Pvt. Ltd., Cyber Security Intelligence, Dell Inc., Eaton Corporation, Huawei Technologies Co Ltd, Juniper Networks, Inc., Moxa Inc., Nokia Corporation, Rockwell Automation, Inc., Siemens AG, and Sierra Wireless Inc. by Semtech Corporation.
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Industrial Networking Solutions Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Industrial Networking Solutions Market?
- What is the competitive strategic window for identifying opportunities in the Industrial Networking Solutions Market?
- What are the latest technology trends and regulatory frameworks in the Industrial Networking Solutions Market?
- What is the market share of the leading vendors in the Industrial Networking Solutions Market?
- Which modes and strategic moves are suitable for entering the Industrial Networking Solutions Market?
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