Global Industrial Wireline Networking Market Size, Share & Trends Analysis Report By Application (Industrial Ethernet, and Fieldbus), By Deployment (On-premise, and Cloud), By Regional Outlook and Forecast, 2024 - 2031

Global Industrial Wireline Networking Market Size, Share & Trends Analysis Report By Application (Industrial Ethernet, and Fieldbus), By Deployment (On-premise, and Cloud), By Regional Outlook and Forecast, 2024 - 2031

The Global Industrial Wireline Networking Market size is expected to reach $13.6 billion by 2031, rising at a market growth of 10.9% CAGR during the forecast period.

The rapid industrialization, urbanization, and expansion of manufacturing activities in countries like China, Japan, South Korea, and India have contributed to this strong growth. The region is witnessing increasing adoption of Industry 4.0 initiatives, with smart factories and automated industrial processes becoming more prevalent. Consequently, the Asia Pacific region would acquire nearly 28% of the total market share by 2031.

The substantial demand for more sophisticated networking infrastructures that can accommodate the vast number of connected devices has been generated by the extensive adoption of the Internet of Things (IoT) across industrial sectors. One of the key advantages of wireline networks in IoT setups is their ability to provide low-latency, high-bandwidth communication, which is essential for real-time data exchange. Hence, as IoT continues to expand, the role of wireline networking in ensuring the efficiency, security, and continuity of industrial operations will only become more significant.

Industrial environments, including manufacturing plants, energy grids, and utilities, are becoming prime targets due to their reliance on interconnected networks and automated systems. Given the stakes, there is a growing emphasis on securing data and communication channels within these industrial networks. Thus, as industries continue to expand their digital operations and integrate more connected devices, the demand for secure networking solutions like wireline networks is expected to grow, driven by the need to mitigate the ever-present risk of cyber threats.

However, Wireline systems require extensive physical infrastructure, including cables, conduits, and specialized equipment, unlike wireless networks. The costs are further exacerbated by the logistical challenges associated with deploying wireline networks in remote locations, such as offshore oil platforms or isolated mining operations. Hence, the high costs involved in wireline network installation and maintenance create a significant barrier to widespread adoption.

Application Outlook

Based on application, the market is bifurcated into industrial Ethernet and fieldbus. The fieldbus segment procured 38% revenue share in the market in 2023. Fieldbus is a well-established technology used in industries where legacy systems still play a crucial role in operations. This technology provides reliable and cost-effective communication solutions, particularly in processes that require stable, low-bandwidth connections.

Deployment Outlook

On the basis of deployment, the market is classified into on-premise and cloud. The cloud segment recorded 45% revenue share in the market in 2023. Cloud-based networking solutions have been gaining traction due to their scalability, flexibility, and cost-efficiency. These solutions allow companies to remotely manage their networking infrastructure and data without extensive on-site hardware.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 38% revenue share in the market in 2023. The region's sophisticated industrial infrastructure, high adoption rates of automation, and substantial investments in technologies such as IoT, AI, and smart manufacturing are all contributing factors to its dominance.

List of Key Companies Profiled

• BCE Inc.
• Hitachi, Ltd. (Hitachi Energy Ltd.)
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Larsen & Toubro Limited
• Viavi Solutions, Inc.
• Amphenol Corporation
• Intel Corporation
• Siemens AG
• Broadcom, Inc.

Global Industrial Wireline Networking Market Report Segmentation

By Application

• Industrial Ethernet
• Fieldbus

By Deployment

• On-premise
• Cloud

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA