Global Industrial IoT Network Equipment Market Growth 2024-2030

Global Industrial IoT Network Equipment Market Growth 2024-2030

The push towards Industry 4.0 and smart manufacturing is driving the adoption of IoT technologies to create interconnected and intelligent production systems. This equipment must support the communication protocols in use to provide visibility and help monitor each endpoint. Network equipment should also be able to run edge applications to respond to emerging situations in real time and to extract, curate, and transmit operations data to applications in a data center or the cloud.

The global Industrial IoT Network Equipment market size is projected to grow from US$ 1161 million in 2024 to US$ 1928 million in 2030; it is expected to grow at a CAGR of 8.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Industrial IoT Network Equipment Industry Forecast” looks at past sales and reviews total world Industrial IoT Network Equipment sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial IoT Network Equipment sales for 2024 through 2030. With Industrial IoT Network Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial IoT Network Equipment industry.

This Insight Report provides a comprehensive analysis of the global Industrial IoT Network Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial IoT Network Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial IoT Network Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial IoT Network Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial IoT Network Equipment.

United States market for Industrial IoT Network Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Industrial IoT Network Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Industrial IoT Network Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Industrial IoT Network Equipment players cover Cisco Systems, Siemens WW, Juniper Networks, Huawei, Nokia, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial IoT Network Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Switches
Routers
Wi-Fi Access Points and Clients
Others

Segmentation by Application:
Manufacturing Industry
Oil and Gas
Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Cisco Systems
Siemens WW
Juniper Networks
Huawei
Nokia
HPE
CommScope
Phoenix Contact
Dell
ZTE Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial IoT Network Equipment market?

What factors are driving Industrial IoT Network Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial IoT Network Equipment market opportunities vary by end market size?

How does Industrial IoT Network Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.