Industrial Networking Solutions (INS) Market

Industrial Networking Solutions (INS) Market by Offering, Technology (SD-WAN, WLAN, IIoT), Service, Application (Remote Monitoring, Predictive Maintenance, Emergency & Incident Management), Vertical, Networking Type and Region - Global Forecast to 2028

Report Code: TC 6033 Jan, 2024, by marketsandmarkets.com

Industrial Networking Solutions (INS) Market Share, Forecast - Growth 2028

[247 Pages Report] The global Industrial Networking Solutions Market size was surpassed $29.2 billion in 2023 and is anticipated to reach over $73.3 billion by the end of 2028, projecting a effective CAGR of 20.2% during the forecast period (2023-2028). The base year for estimation is 2022 and the market size available for the years 2018 to 2028.

Industrial networking solutions (INS) enable the collection and analysis of real-time data from sensors embedded in machinery. This data can be used to predict equipment failures before they occur, allowing for preventive maintenance and avoiding costly downtime. Edge computing brings data processing closer to the source, reducing latency and improving responsiveness in industrial applications. Industrial networking solutions play a crucial role in enabling edge computing deployments.

Industrial Networking Solutions (INS) Market

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Industrial Networking Solutions (INS) Market

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Industrial Networking Solutions (INS) Market Growth Dynamics

Driver:  Increasing adoption of Industry 4.0

The widespread adoption of Industry 4.0 principles has become a pivotal driving force behind the burgeoning demand for industrial networking solutions. At the heart of this transformative paradigm shift is the seamless integration of cyber-physical systems (CPS), where physical machinery collaborates with digital systems in real time. This integration necessitates a robust industrial networking infrastructure to facilitate communication and coordination among machines, sensors, and control systems within smart factories. Industry 4.0's emphasis on data-driven decision-making and automation relies on the continuous exchange of information, a role fulfilled by industrial networking. The interconnectedness of devices is crucial for implementing advanced analytics, predictive maintenance, and other optimization strategies. Furthermore, Industry 4.0 champions interoperability and industrial networking standards such as OPC UA and MQTT play a vital role in achieving seamless communication. As manufacturing becomes more dynamic and flexible, industrial networking enables adaptive manufacturing processes that respond quickly to changing conditions. The integration of supply chain processes, the focus on security, and the facilitation of human-machine collaboration are additional dimensions to which industrial networking contributes significantly. In essence, the adoption of Industry 4.0 principles propels the evolution of industrial networking, serving as the backbone for the realization of smart, interconnected, and data-driven manufacturing ecosystems, and fostering continuous innovation and operational excellence.

Restraint: Cost constraint

The initial investment in software, including ruggedized equipment tailored for harsh industrial environments, and specialized software for communication and security, contributes substantially to the overall costs. Integrating existing legacy systems with modern networking solutions requires additional expenditures on adapters, gateways, and personnel training. Ongoing maintenance, encompassing equipment upkeep, firmware updates, and cybersecurity measures, adds to the financial burden. As industrial operations expand, scalability demands further investment in hardware upgrades and network expansion. Operational downtime, resulting from disruptions in networking, incurs not only production losses but also additional expenses for issue resolution. Regulatory compliance introduces costs related to assessments, certifications, and documentation. The uncertainties surrounding return on investment may instill hesitation in adopting advanced networking technologies.

Opportunity: Growing integration of IIoT

The integration of the Industrial Internet of Things (IIoT) stands as a pivotal opportunity for industrial networking solutions. In the dynamic landscape of industrial processes, the deployment of connected devices and sensors has become widespread, generating vast datasets that necessitate seamless integration into existing networks. Industrial networking solutions play a crucial role in facilitating real-time data aggregation, analysis, and communication, enabling industries to monitor and control processes with unprecedented efficiency. This integration not only supports predictive maintenance strategies, reducing downtime and costs but also enhances automation through the interconnectedness of programmable logic controllers and robotic systems.

Challenge: Scalability

Scalability proves to be a formidable challenge for industrial networking solutions, encompassing hardware, software, and overall infrastructure considerations. In the realm of hardware, limitations in device capacity, processing power, and memory pose hurdles as industrial environments witness a surge in connected devices and systems. The costs associated with upgrading to ruggedized equipment that withstands harsh conditions further compound scalability challenges. Interoperability issues arise from the diverse communication protocols and standards existing within industrial settings, necessitating careful planning and sometimes the development of intermediary devices. Data bandwidth and latency concerns emerge with the increasing demand for network resources, impacting performance and real-time control systems. Managing the complexity of software systems, ensuring robust security infrastructure at scale, and addressing budget constraints all contribute to the intricate landscape of scalability challenges in industrial networking.

Industrial networking solutions market Ecosystem

Prominent companies in this market include a well-established, financially stable provider of the industrial networking solutions market. These companies have innovated their offerings and possess a diversified product portfolio, state-of-the-art technologies, and marketing networks. Prominent companies in this market include Cisco (US), Juniper Networks (US), Huawei (China), Dell Technologies (US), Rockwell Automation (US), Eaton (Ireland), Nokia (Finland), HPE (US), ABB (Switzerland), Belden (US).

Industrial Networking Solutions (INS) Market

Based on the process industry, the chemicals and materials segment is expected to grow with the highest CAGR during the forecast period

The rising adoption of emerging industrial networking technologies, such as IIoT, SDWAN, and WLAN, has helped the chemicals and materials vertical streamline its manufacturing processes and business operations. For instance, IoT-enabled equipment monitoring solutions and predictive analytics are helping this vertical monitor its quality and throughput continuously. In addition, IoT-enabled platforms are accelerating the recent advances in mobile, cloud, and big data solutions in chemicals and materials manufacturing firms to deploy such innovative technologies and gain the first-mover advantage in the market. Furthermore, energy consumption is one of the crucial elements of the chemical industry, which is being monitored with the help of interconnected sensors that eventually help reduce energy consumption and control costs.

By discrete industry, the machine manufacturing segment holds the largest market size during the forecast period

The networked supply chain, distribution system, and customer channels have led the machine manufacturing vertical to expand as a global business. This vertical is moving rapidly toward the automation of systems with minimal human intervention to increase the productivity and efficiency of manufacturing machines. Implementation of industrial networking solutions in the manufacturing industries enhances real-time remote management, thereby saving future maintenance labor costs and decreasing production costs and time. Production downtime is a major concern among the manufacturing industries, as this can lead to a variety of unpredicted and defective goods. In such scenarios, industrial networking solutions enable manufacturing systems to perform well even in harsh environments and offer uninterrupted data transmission between equipment and networks. Furthermore, data being a prominent part is required to ensure the smooth functioning of machinery and production lines. Industrial networking solutions assist in controlling the data flow and integrating the factory floor industrial networks and process plant floor networks with company-wide network systems.

Based on region, North America holds the largest market size during the forecast period

The industrial networking solutions market in North America has been experiencing significant growth and development. The industrial networking solutions market in North America has been dynamic, driven by several key trends and technological advancements. The growth is fueled by the widespread adoption of Industry 4.0 practices and the increasing integration of the Industrial Internet of Things (IIoT). The ongoing transformation towards Industry 4.0 has driven the demand for advanced networking solutions to enable seamless communication and data exchange across industrial processes. Industries are increasingly deploying smart sensors and connected devices to enhance operational efficiency and decision-making through real-time data analysis. Also, major industrial networking solution vendors, such as Cisco, Juniper Networks, HPE, Rockwell Automation, and Dell Technologies have a strong presence in this region.

Industrial Networking Solutions (INS) Market Size, and Share

Industrial Networking Solutions Industry Players:

The major players in the Industrial networking solutions market are Cisco (US), Juniper Networks (US), Huawei (China), Dell Technologies (US), and Rockwell Automation (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, product enhancements, and acquisitions to expand their footprint in the industrial networking solutions market.

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Scope of the Report

Report Metrics

Details

Market size available for years

2018-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD) Million/Billion

Segments Covered

Offering (Technologies, Services), Technology (SD-WAN, WLAN, IIoT), Service (Network Planning & Optimization, Network Integration, Network Orchestration, Training & Education, Network Consulting, Network Provisioning, Network Security, Network Auditing & Testing, Support & Maintenance), Application (Remote Monitoring, Asset Tracking & Management, Supply Chain Management, Real-Time Streaming & Video, Emergency & Incident Management, Predictive Maintenance), Vertical (Process Industry (Energy & Utilities, Chemicals & Materials, Food & Beverage, Water & Waste Management, Other Process Industries) Discrete Industry (Automotive, Machine Manufacturing, Semiconductors & Electronics, Medical Devices, Logistics & Transportation)), Networking Type (Wireless Networking, Wireline Networking) and Region

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Companies covered

Cisco (US), Juniper Networks (US), Huawei (China), Dell Technologies (US), Rockwell Automation (US), Eaton (Ireland), Nokia (Finland), HPE (US), ABB (Switzerland), Belden (US), Siemens (Germany), Moxa (US), Red Lion Controls (US), Veryx Technologies (India), Litmus Automation (US), Celona (US), GE Digital (US), Kyland Technology (China), Graphiant (US), A5G Networks (US)

This research report categorizes the Industrial Networking Solutions Market based on offering, technology, service, application, vertical, networking type, and region.

Industrial Networking Solutions Market Based on Offering:
  • Technologies
  • Services
Industrial Networking Solutions Industry Based on Technology:
  • SD-WAN
  • WLAN
  • IIoT
Industrial Networking Solutions Market Based on Service:
  • Network Planning & Optimization
  • Network Integration
  • Network Orchestration
  • Training & Education
  • Network Consulting
  • Network Provisioning
  • Network Security
  • Network Auditing & Testing
  • Support & Maintenance
Industrial Networking Solutions Industry Based on Application:
  • Service providers
  • Enterprises
Industrial Networking Solutions Market Based on Enterprise:
  • Remote Monitoring
  • Asset Tracking & Management
  • Supply Chain Management
  • Real-Time Streaming & Video
  • Emergency & Incident Management
  • Predictive Maintenance
Industrial Networking Solutions Industry Based on Vertical:
  • Process Industry
  • Energy & Utilities
  • Chemicals & Materials
  • Food & Beverage
  • Water & Waste Management
  • Other Process Industries
  • Discrete Industry
  • Automotive
  • Machine Manufacturing
  • Semiconductors & Electronics
  • Medical Devices
  • Logistics & Transportation
Industrial Networking Solutions Market Based on Networking Type:
  • Wireless Networking
  • Wireline Networking
Industrial Networking Solutions Industry Based on the region:
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
      • UAE
      • KSA
      • Rest of GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments in Industrial Networking Solutions Market

  • In December 2023, Nokia partnered with Innova Solutions, to deliver programmable network applications for enterprises using Nokia Network as a Code platform. The agreement will accelerate the digital transformation of enterprises in industries such as banking/financial services, transportation and logistics, technology, life sciences, retail, and industrial sectors.
  • In November 2023, Huawei launched its All-Scenario WLAN Solution, which continuously promotes the application of the Wi-Fi 7 standard technology in the enterprise market and continuously upgrades the network experience of customers in the education, healthcare, retail, and manufacturing industries.
  • In May 2023, Juniper Networks partnered with ServiceNow, to deliver end-to-end automation for enterprise network service provisioning & monitoring.
  • In February 2023, Cisco collaborated NTT, to to drive Private 5G adoption across the automotive, logistics, healthcare, retail, and public sectors to accelerate industry transformation.
  • In December 2022, Rockwell Automation partnered with Fortinet, to secure operational technology environments and provide powerful cybersecurity protection to global customers through the convergence of advanced networking and security capabilities.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 26)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
                    FIGURE 1 INDUSTRIAL NETWORKING SOLUTIONS MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
                    FIGURE 2 MARKET SEGMENTATION, BY REGION
           1.3.3 YEARS CONSIDERED
                    FIGURE 3 YEARS CONSIDERED FOR STUDY
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2019–2022
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 RESEARCH DATA 
           FIGURE 4 INDUSTRIAL NETWORKING SOLUTIONS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Breakup of primary profiles
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Key insights from industry experts
    2.2 MARKET BREAKUP AND DATA TRIANGULATION 
           FIGURE 5 MARKET: DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION 
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): INDUSTRIAL NETWORKING SOLUTIONS MARKET
           FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND SIDE): MARKET
           2.3.1 TOP-DOWN APPROACH
                    FIGURE 8 MARKET: TOP-DOWN APPROACH
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 9 MARKET: BOTTOM-UP APPROACH
    2.4 MARKET FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 ASSUMPTIONS 
           TABLE 3 ASSUMPTIONS
    2.6 LIMITATIONS 
           FIGURE 10 LIMITATIONS
    2.7 RECESSION IMPACT ANALYSIS 
 
3 EXECUTIVE SUMMARY (Page No. - 43)
    FIGURE 11 INDUSTRIAL NETWORKING SOLUTIONS MARKET, 2021–2028 (USD MILLION) 
    FIGURE 12 MARKET, REGIONAL SHARE, 2023 
    FIGURE 13 ASIA PACIFIC TO BE BEST MARKET FOR INVESTMENTS DURING FORECAST PERIOD 
 
4 PREMIUM INSIGHTS (Page No. - 47)
    4.1 ATTRACTIVE OPPORTUNITIES IN MARKET 
           FIGURE 14 INCREASE IN DEMAND FOR SD-WAN SOLUTIONS AND PROLIFERATION OF WIRELESS TECHNOLOGIES IN INDUSTRIAL OPERATIONS TO DRIVE MARKET
    4.2 NORTH AMERICA: MARKET, BY TECHNOLOGY AND COUNTRY 
           FIGURE 15 NORTH AMERICA: IIOT AND US TO ACCOUNT FOR LARGEST SEGMENTAL SHARES
    4.3 ASIA PACIFIC: MARKET, BY TECHNOLOGY AND COUNTRY 
           FIGURE 16 ASIA PACIFIC: IIOT AND CHINA TO ACCOUNT FOR LARGEST SEGMENTAL SHARES
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 49)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 17 INDUSTRIAL NETWORKING SOLUTIONS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growing need for predictive maintenance
                    5.2.1.2 Increasing demand for SD-WAN solutions
                    5.2.1.3 Proliferation of wireless technologies in industry operations
                    5.2.1.4 Advent of data analytics and data processing
                    5.2.1.5 Increasing adoption of industry 4.0
           5.2.2 RESTRAINTS
                    5.2.2.1 Data security and privacy concerns
                    5.2.2.2 Cost constraint
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing integration of IIoT
                    5.2.3.2 Convergence of OT and IT
           5.2.4 CHALLENGES
                    5.2.4.1 Complexities in connecting legacy systems to smart infrastructure
                    5.2.4.2 Data migration challenges
                    5.2.4.3 Scalability
    5.3 INDUSTRY TRENDS 
           5.3.1 ECOSYSTEM/MARKET MAP
                    TABLE 4 INDUSTRIAL NETWORKING SOLUTIONS MARKET: ECOSYSTEM
                    FIGURE 18 KEY PLAYERS IN MARKET ECOSYSTEM
           5.3.2 CASE STUDY ANALYSIS
                    5.3.2.1 Case Study 1: Lotte restructured existing WAN with Cisco SD-WAN
                    5.3.2.2 Case Study 2: Taft Stettinius & Hollister LLP improved network reliability with Oracle SD-WAN
                    5.3.2.3 Case Study 3: Stolt-Nielsen restructured its MPLS WAN with Expereo and VMware SD-WAN to gain network visibility and eliminate management complexity
                    5.3.2.4 Case Study 4: Coevolve implemented VMware SD-WAN to transform RGIS’s branch office networking
                    5.3.2.5 Case Study 5: Windstream brought automation to managed SD-WAN services by deploying Ciena’s Blue Planet
           5.3.3 VALUE CHAIN ANALYSIS
                    FIGURE 19 INDUSTRIAL NETWORKING SOLUTIONS MARKET: VALUE CHAIN ANALYSIS
           5.3.4 REGULATORY LANDSCAPE
           5.3.5 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 5 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 6 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 8 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    5.3.5.1 North America
                               5.3.5.1.1 US
                               5.3.5.1.2 Canada
                    5.3.5.2 Europe
                    5.3.5.3 Asia Pacific
                               5.3.5.3.1 South Korea
                               5.3.5.3.2 China
                               5.3.5.3.3 India
                    5.3.5.4 Middle East & Africa
                               5.3.5.4.1 UAE
                               5.3.5.4.2 KSA
                    5.3.5.5 Latin America
                               5.3.5.5.1 Brazil
                               5.3.5.5.2 Mexico
           5.3.6 TECHNOLOGY ANALYSIS
                    5.3.6.1 Key technologies
                               5.3.6.1.1 Ethernet/IP and PROFINET
                               5.3.6.1.2 Modbus
                               5.3.6.1.3 Object Linking and Embedding for Process Control Unified Architecture (OPC UA)
                               5.3.6.1.4 5G
                    5.3.6.2 Complementary technologies
                               5.3.6.2.1 Software-Defined Networking (SDN)
                               5.3.6.2.2 Cloud Computing
                    5.3.6.3 Adjacent technologies
                               5.3.6.3.1 Wireless Technologies
                               5.3.6.3.2 Industrial IoT (IIoT)
           5.3.7 PATENT ANALYSIS
                    5.3.7.1 Methodology
                               FIGURE 20 LIST OF MAJOR PATENTS FOR INDUSTRIAL NETWORKING SOLUTIONS MARKET
                    5.3.7.2 List of major patents
           5.3.8 KEY CONFERENCES & EVENTS, 2023–2024
                    TABLE 9 DETAILED LIST OF KEY CONFERENCES & EVENTS, 2023–2024
           5.3.9 PORTER’S FIVE FORCES ANALYSIS
                    TABLE 10 IMPACT OF PORTER’S FIVE FORCES ON MARKET
                    FIGURE 21 MARKET: PORTER’S FIVE FORCES ANALYSIS
                    5.3.9.1 Threat of new entrants
                    5.3.9.2 Threat of substitutes
                    5.3.9.3 Bargaining power of buyers
                    5.3.9.4 Bargaining power of suppliers
                    5.3.9.5 Intensity of competitive rivalry
 
6 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING (Page No. - 71)
    6.1 INTRODUCTION 
           FIGURE 22 SERVICES SEGMENT TO DOMINATE MARKET IN 2023
           TABLE 11 MARKET, BY OFFERING, 2018–2022 (USD MILLION)
           TABLE 12 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
           6.1.1 OFFERING: MARKET DRIVERS
    6.2 TECHNOLOGIES 
           6.2.1 GROWING NEED FOR ADVANCED TECHNOLOGIES TO DRIVE MARKET GROWTH
                    TABLE 13 TECHNOLOGIES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 14 TECHNOLOGIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.3 SERVICES 
           6.3.1 GROWING NEED TO PROVIDE BETTER INDUSTRIAL NETWORKING SERVICES TO DRIVE MARKET GROWTH
                    TABLE 15 SERVICES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 16 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
7 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY TECHNOLOGY (Page No. - 76)
    7.1 INTRODUCTION 
           FIGURE 23 IIOT TECHNOLOGY TO DOMINATE DURING FORECAST PERIOD
           TABLE 17 MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
           TABLE 18 MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
           7.1.1 TECHNOLOGY: MARKET DRIVERS
    7.2 SOFTWARE-DEFINED WIDE AREA NETWORK 
           7.2.1 GROWING NEED FOR BETTER AGILITY AND FLEXIBILITY TO DRIVE MARKET
                    TABLE 19 SOFTWARE-DEFINED WIDE AREA NETWORK: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 20 SOFTWARE-DEFINED WIDE AREA NETWORK: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 WIRELESS LOCAL AREA NETWORK 
           7.3.1 INCREASING ADOPTION OF WLAN ACROSS ENTERPRISES TO PROPEL MARKET GROWTH
                    TABLE 21 WIRELESS LOCAL AREA NETWORK: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 22 WIRELESS LOCAL AREA NETWORK: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.4 INDUSTRIAL INTERNET OF THINGS 
           7.4.1 GROWING NEED FOR ENHANCED PRODUCTIVITY AND EFFICIENCY TO DRIVE MARKET GROWTH
                    TABLE 23 INDUSTRIAL INTERNET OF THINGS: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 24 INDUSTRIAL INTERNET OF THINGS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY SERVICE (Page No. - 82)
    8.1 INTRODUCTION 
           FIGURE 24 NETWORK PLANNING & OPTIMIZATION SEGMENT TO HAVE LARGEST MARKET SIZE DURING FORECAST PERIOD
           TABLE 25 MARKET, BY SERVICE, 2018–2022 (USD MILLION)
           TABLE 26 MARKET, BY SERVICE, 2023–2028 (USD MILLION)
           8.1.1 SERVICE: MARKET DRIVERS
    8.2 NETWORK PLANNING & OPTIMIZATION 
           8.2.1 GROWING NEED FOR ENHANCED PERFORMANCE TO DRIVE MARKET GROWTH
                    TABLE 27 NETWORK PLANNING & OPTIMIZATION: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 28 NETWORK PLANNING & OPTIMIZATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 NETWORK INTEGRATION 
           8.3.1 GROWING NEED OF ENTERPRISES TO SECURE THEIR NETWORKS TO DRIVE MARKET GROWTH
                    TABLE 29 NETWORK INTEGRATION: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 30 NETWORK INTEGRATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.4 NETWORK ORCHESTRATION 
           8.4.1 INCREASING NEED FOR AUTOMATION TO DRIVE MARKET
                    TABLE 31 NETWORK ORCHESTRATION: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 32 NETWORK ORCHESTRATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.5 TRAINING & EDUCATION 
           8.5.1 GROWING ADOPTION OF INDUSTRIAL NETWORKING SOLUTIONS TO DRIVE MARKET GROWTH
                    TABLE 33 TRAINING & EDUCATION: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 34 TRAINING & EDUCATION: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.6 NETWORK CONSULTING 
           8.6.1 GROWING NEED FOR ENHANCED NETWORK ARCHITECTURE TO DRIVE MARKET GROWTH
                    TABLE 35 NETWORK CONSULTING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 36 NETWORK CONSULTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.7 NETWORK PROVISIONING 
           8.7.1 ENHANCED NEED FOR SECURITY TO DRIVE MARKET GROWTH
                    TABLE 37 NETWORK PROVISIONING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 38 NETWORK PROVISIONING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.8 NETWORK SECURITY 
           8.8.1 GROWING NUMBER OF THREATS AND NEED TO PROVIDE BETTER SECURITY SERVICES TO PROPEL GROWTH OF MARKET
                    TABLE 39 NETWORK SECURITY: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 40 NETWORK SECURITY: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.9 NETWORK AUDITING & TESTING 
           8.9.1 INCREASED ADOPTION OF ADVANCED TECHNOLOGIES TO DRIVE MARKET
                    TABLE 41 NETWORK AUDITING & TESTING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 42 NETWORK AUDITING & TESTING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.10 SUPPORT & MAINTENANCE 
           8.10.1 INCREASING NEED TO OPTIMIZE NETWORK PERFORMANCE TO DRIVE MARKET GROWTH
                    TABLE 43 SUPPORT & MAINTENANCE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 44 SUPPORT & MAINTENANCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY APPLICATION (Page No. - 94)
    9.1 INTRODUCTION 
           FIGURE 25 PREDICTIVE MAINTENANCE SEGMENT TO HAVE LARGEST MARKET SIZE DURING FORECAST PERIOD
           TABLE 45 MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
           TABLE 46 MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
           9.1.1 APPLICATION: MARKET DRIVERS
    9.2 REMOTE MONITORING 
           9.2.1 GROWING NEED FOR MONITORING AND REPORTING TO DRIVE MARKET GROWTH
                    TABLE 47 REMOTE MONITORING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 48 REMOTE MONITORING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 ASSET TRACKING & MANAGEMENT 
           9.3.1 INCREASING NEED TO IMPROVE PRODUCTIVITY AND EFFICIENCY TO DRIVE MARKET GROWTH
                    TABLE 49 ASSET TRACKING & MANAGEMENT: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 50 ASSET TRACKING & MANAGEMENT: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 SUPPLY CHAIN MANAGEMENT 
           9.4.1 GROWING NEED TO ACHIEVE SUSTAINABILITY TO DRIVE MARKET GROWTH
                    TABLE 51 SUPPLY CHAIN MANAGEMENT: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 52 SUPPLY CHAIN MANAGEMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.5 REAL-TIME STREAMING & VIDEO 
           9.5.1 INCREASED ADOPTION OF ADVANCED TECHNOLOGIES TO DRIVE MARKET
                    TABLE 53 REAL-TIME STREAMING & VIDEO: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 54 REAL-TIME STREAMING & VIDEO: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.6 EMERGENCY & INCIDENT MANAGEMENT 
           9.6.1 NEED TO IDENTIFY AND ANALYZE THREATS AND IMPLEMENT CORRECTIVE ACTIONS TO DRIVE MARKET GROWTH
                    TABLE 55 EMERGENCY & INCIDENT MANAGEMENT: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 56 EMERGENCY & INCIDENT MANAGEMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.7 PREDICTIVE MAINTENANCE 
           9.7.1 GROWING ADOPTION OF IIOT TO DRIVE MARKET
                    TABLE 57 PREDICTIVE MAINTENANCE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 58 PREDICTIVE MAINTENANCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY VERTICAL (Page No. - 103)
     10.1 INTRODUCTION 
               FIGURE 26 DISCRETE INDUSTRY TO HAVE LARGER MARKET SIZE DURING FORECAST PERIOD
               TABLE 59 MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
               TABLE 60 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             10.1.1 VERTICAL: MARKET DRIVERS
     10.2 PROCESS INDUSTRY 
             10.2.1 GROWING NEED TO ENHANCE PRODUCTIVITY TO DRIVE MARKET GROWTH
                       FIGURE 27 ENERGY AND UTILITIES TO HAVE LARGEST MARKET SIZE DURING FORECAST PERIOD
                       TABLE 61 MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 62 MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
             10.2.2 ENERGY & UTILITIES
                       TABLE 63 ENERGY & UTILITIES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 64 ENERGY & UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.2.3 CHEMICALS & MATERIALS
                       TABLE 65 CHEMICALS & MATERIALS: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 66 CHEMICALS & MATERIALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.2.4 FOOD & BEVERAGE
                       TABLE 67 FOOD & BEVERAGE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 68 FOOD & BEVERAGE: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.2.5 WATER & WASTE MANAGEMENT
                       TABLE 69 WATER & WASTE MANAGEMENT: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 70 WATER & WASTE MANAGEMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.2.6 OTHER PROCESS INDUSTRIES
                       TABLE 71 OTHER PROCESS INDUSTRIES: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 72 OTHER PROCESS INDUSTRIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.3 DISCRETE INDUSTRY 
             10.3.1 INCREASING COMPETITION AND NEED TO MAINTAIN ADVANTAGE TO DRIVE MARKET
                       FIGURE 28 MACHINE MANUFACTURING TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD
                       TABLE 73 MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 74 MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
             10.3.2 AUTOMOTIVE
                       TABLE 75 AUTOMOTIVE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 76 AUTOMOTIVE: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.3.3 MACHINE MANUFACTURING
                       TABLE 77 MACHINE MANUFACTURING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 78 MACHINE MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.3.4 SEMICONDUCTOR & ELECTRONICS
                       TABLE 79 SEMICONDUCTOR & ELECTRONICS: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 80 SEMICONDUCTOR & ELECTRONICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.3.5 MEDICAL DEVICES
                       TABLE 81 MEDICAL DEVICES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 82 MEDICAL DEVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
             10.3.6 LOGISTICS & TRANSPORTATION
                       TABLE 83 LOGISTICS & TRANSPORTATION: MARKET, BY REGION, 2018–2022 (USD MILLION)
                       TABLE 84 LOGISTICS & TRANSPORTATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
11 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY NETWORKING TYPE (Page No. - 119)
     11.1 INTRODUCTION 
             11.1.1 NETWORKING TYPE: MARKET DRIVERS
     11.2 WIRELESS NETWORKING 
             11.2.1 INCREASING NEED FOR REAL-TIME VISIBILITY OF NETWORK TO DRIVE MARKET GROWTH
     11.3 WIRELINE NETWORKING 
             11.3.1 GROWING NEED TO PROVIDE RELIABLE NETWORKING SOLUTIONS TO DRIVE MARKET GROWTH
 
12 INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY REGION (Page No. - 122)
     12.1 INTRODUCTION 
               FIGURE 29 MARKET: REGIONAL SNAPSHOT
               FIGURE 30 ASIA PACIFIC TO ACHIEVE HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 85 MARKET, BY REGION, 2018–2022 (USD MILLION)
               TABLE 86 MARKET, BY REGION, 2023–2028 (USD MILLION)
     12.2 NORTH AMERICA 
               FIGURE 31 NORTH AMERICA: MARKET SNAPSHOT
             12.2.1 NORTH AMERICA: MARKET DRIVERS
             12.2.2 NORTH AMERICA: RECESSION IMPACT
                       TABLE 87 NORTH AMERICA: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                       TABLE 88 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 89 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                       TABLE 90 NORTH AMERICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 91 NORTH AMERICA: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                       TABLE 92 NORTH AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 93 NORTH AMERICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 94 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 95 NORTH AMERICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 96 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 97 NORTH AMERICA: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 98 NORTH AMERICA: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 99 NORTH AMERICA: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 100 NORTH AMERICA: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 101 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 102 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.2.3 US
                       12.2.3.1 Rapid adoption of digitally innovative solutions and presence of tech giants to drive market
                                   TABLE 103 US: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                                   TABLE 104 US: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 105 US: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                   TABLE 106 US: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                   TABLE 107 US: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                                   TABLE 108 US: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 109 US: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 110 US: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 111 US: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                                   TABLE 112 US: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                                   TABLE 113 US: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 114 US: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                                   TABLE 115 US: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 116 US: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
             12.2.4 CANADA
                       12.2.4.1 Increasing investments to deploy better industrial networking solutions to propel market
     12.3 EUROPE 
             12.3.1 EUROPE: MARKET DRIVERS
             12.3.2 EUROPE: RECESSION IMPACT
                       TABLE 117 EUROPE: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                       TABLE 118 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 119 EUROPE: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                       TABLE 120 EUROPE: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 121 EUROPE: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                       TABLE 122 EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 123 EUROPE: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 124 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 125 EUROPE: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 126 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 127 EUROPE: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 128 EUROPE: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 129 EUROPE: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 130 EUROPE: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 131 EUROPE: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 132 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.3.3 UK
                       12.3.3.1 Surging demand for digital services and pressing need for businesses to innovate to propel growth
                                   TABLE 133 UK: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                                   TABLE 134 UK: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 135 UK: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                   TABLE 136 UK: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                   TABLE 137 UK: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                                   TABLE 138 UK: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 139 UK: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 140 UK: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 141 UK: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                                   TABLE 142 UK: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                                   TABLE 143 UK: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 144 UK: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                                   TABLE 145 UK: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 146 UK: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
             12.3.4 GERMANY
                       12.3.4.1 Growing initiatives by government for technological advancements to spur growth
             12.3.5 FRANCE
                       12.3.5.1 Rising need for technological transformation to boost market growth
             12.3.6 ITALY
                       12.3.6.1 Steady embrace of technology and digital transformation to encourage market expansion
             12.3.7 REST OF EUROPE
     12.4 ASIA PACIFIC 
               FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT
             12.4.1 ASIA PACIFIC: MARKET DRIVERS
             12.4.2 ASIA PACIFIC: RECESSION IMPACT
                       TABLE 147 ASIA PACIFIC: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                       TABLE 148 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 149 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                       TABLE 150 ASIA PACIFIC: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 151 ASIA PACIFIC: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                       TABLE 152 ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 153 ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 154 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 155 ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 156 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 157 ASIA PACIFIC: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 158 ASIA PACIFIC: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 159 ASIA PACIFIC: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 160 ASIA PACIFIC: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 161 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 162 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.4.3 CHINA
                       12.4.3.1 Increasing focus on providing innovative networking solutions to drive market expansion
                                   TABLE 163 CHINA: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                                   TABLE 164 CHINA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 165 CHINA: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                                   TABLE 166 CHINA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                   TABLE 167 CHINA: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                                   TABLE 168 CHINA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 169 CHINA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 170 CHINA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 171 CHINA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                                   TABLE 172 CHINA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                                   TABLE 173 CHINA: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 174 CHINA: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                                   TABLE 175 CHINA: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                                   TABLE 176 CHINA: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
             12.4.4 JAPAN
                       12.4.4.1 Increasing government initiatives to propel MARKET
             12.4.5 INDIA
                       12.4.5.1 Rising investments and expanding industrial sector to drive market growth
             12.4.6 REST OF ASIA PACIFIC
     12.5 MIDDLE EAST & AFRICA 
             12.5.1 MIDDLE EAST & AFRICA: MARKET DRIVERS
             12.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
                       TABLE 177 MIDDLE EAST & AFRICA: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                       TABLE 178 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 179 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                       TABLE 180 MIDDLE EAST & AFRICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 181 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                       TABLE 182 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 183 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 184 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 185 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 186 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 187 MIDDLE EAST & AFRICA: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 188 MIDDLE EAST & AFRICA: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 189 MIDDLE EAST & AFRICA: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 190 MIDDLE EAST & AFRICA: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 191 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 192 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.5.3 GCC COUNTRIES
                       12.5.3.1 UAE
                                   12.5.3.1.1 Growing digital transformation to boost market
                       12.5.3.2 KSA
                                   12.5.3.2.1 Growing adoption of networking solutions to drive market
                       12.5.3.3 Rest of GCC Countries
             12.5.4 SOUTH AFRICA
                       12.5.4.1 Ongoing industrial growth and modernization efforts to drive market expansion
             12.5.5 REST OF MIDDLE EAST & AFRICA
     12.6 LATIN AMERICA 
             12.6.1 LATIN AMERICA: MARKET DRIVERS
             12.6.2 LATIN AMERICA: RECESSION IMPACT
                       TABLE 193 LATIN AMERICA: INDUSTRIAL NETWORKING SOLUTIONS MARKET, BY OFFERING, 2018–2022 (USD MILLION)
                       TABLE 194 LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 195 LATIN AMERICA: MARKET, BY TECHNOLOGY, 2018–2022 (USD MILLION)
                       TABLE 196 LATIN AMERICA: MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 197 LATIN AMERICA: MARKET, BY SERVICE, 2018–2022 (USD MILLION)
                       TABLE 198 LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 199 LATIN AMERICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 200 LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 201 LATIN AMERICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 202 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 203 LATIN AMERICA: MARKET, BY PROCESS INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 204 LATIN AMERICA: MARKET, BY PROCESS INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 205 LATIN AMERICA: MARKET, BY DISCRETE INDUSTRY, 2018–2022 (USD MILLION)
                       TABLE 206 LATIN AMERICA: MARKET, BY DISCRETE INDUSTRY, 2023–2028 (USD MILLION)
                       TABLE 207 LATIN AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 208 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.6.3 BRAZIL
                       12.6.3.1 Rising investments by multinational companies to boost adoption of industrial networking solutions
             12.6.4 MEXICO
                       12.6.4.1 Rising government initiatives and partnerships to trigger market growth
             12.6.5 REST OF LATIN AMERICA
 
13 COMPETITIVE LANDSCAPE (Page No. - 182)
     13.1 INTRODUCTION 
     13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
             13.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY KEY INDUSTRIAL NETWORKING SOLUTIONS VENDORS
     13.3 HISTORICAL REVENUE ANALYSIS 
               FIGURE 33 THREE-YEAR REVENUE ANALYSIS OF LEADING INDUSTRIAL NETWORKING SOLUTIONS PROVIDERS, 2020–2022 (USD MILLION)
     13.4 MARKET SHARE ANALYSIS OF TOP PLAYERS 
               FIGURE 34 INS: MARKET SHARE ANALYSIS
               TABLE 209 MARKET: DEGREE OF COMPETITION
     13.5 COMPANY EVALUATION MATRIX 
             13.5.1 STARS
             13.5.2 EMERGING LEADERS
             13.5.3 PERVASIVE PLAYERS
             13.5.4 PARTICIPANTS
                       FIGURE 35 MARKET: COMPANY EVALUATION MATRIX, 2022
     13.6 STARTUP/SME EVALUATION MATRIX 
             13.6.1 PROGRESSIVE COMPANIES
             13.6.2 RESPONSIVE COMPANIES
             13.6.3 DYNAMIC COMPANIES
             13.6.4 STARTING BLOCKS
                       FIGURE 36 INDUSTRIAL NETWORKING SOLUTIONS MARKET: STARTUP/SME EVALUATION MATRIX, 2022
     13.7 RANKING OF KEY PLAYERS IN MARKET 
               FIGURE 37 RANKING OF KEY PLAYERS, 2022
     13.8 COMPETITIVE SCENARIO 
             13.8.1 PRODUCT LAUNCHES
                       TABLE 210 MARKET: PRODUCT LAUNCHES, 2020–2023
             13.8.2 DEALS
                       TABLE 211 MARKET: DEALS, 2020–2023
 
14 COMPANY PROFILES (Page No. - 194)
     14.1 MAJOR PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
             14.1.1 CISCO
                       TABLE 212 CISCO: COMPANY OVERVIEW
                       FIGURE 38 CISCO: COMPANY SNAPSHOT
                       TABLE 213 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 214 CISCO: PRODUCT LAUNCHES
                       TABLE 215 CISCO: DEALS
             14.1.2 JUNIPER NETWORKS
                       TABLE 216 JUNIPER NETWORKS: COMPANY OVERVIEW
                       FIGURE 39 JUNIPER NETWORKS: COMPANY SNAPSHOT
                       TABLE 217 JUNIPER NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 218 JUNIPER NETWORKS: DEALS
             14.1.3 HUAWEI
                       TABLE 219 HUAWEI: COMPANY OVERVIEW
                       FIGURE 40 HUAWEI: COMPANY SNAPSHOT
                       TABLE 220 HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 221 HUAWEI: PRODUCT LAUNCHES
             14.1.4 DELL TECHNOLOGIES
                       TABLE 222 DELL TECHNOLOGIES: COMPANY OVERVIEW
                       FIGURE 41 DELL TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 223 DELL TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 224 DELL TECHNOLOGIES: DEALS
             14.1.5 ROCKWELL AUTOMATION
                       TABLE 225 ROCKWELL AUTOMATION: COMPANY OVERVIEW
                       FIGURE 42 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
                       TABLE 226 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 227 ROCKWELL AUTOMATION: PRODUCT LAUNCHES
                       TABLE 228 ROCKWELL AUTOMATION: DEALS
             14.1.6 EATON
                       TABLE 229 EATON: BUSINESS OVERVIEW
                       FIGURE 43 EATON: COMPANY SNAPSHOT
                       TABLE 230 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.7 NOKIA
                       TABLE 231 NOKIA: BUSINESS OVERVIEW
                       FIGURE 44 NOKIA: COMPANY SNAPSHOT
                       TABLE 232 NOKIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 233 NOKIA: PRODUCT LAUNCHES
                       TABLE 234 NOKIA: DEALS
             14.1.8 HPE
                       TABLE 235 HPE: COMPANY OVERVIEW
                       FIGURE 45 HPE: COMPANY SNAPSHOT
                       TABLE 236 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 237 HPE: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 238 HPE: DEALS
             14.1.9 ABB
                       TABLE 239 ABB: COMPANY OVERVIEW
                       FIGURE 46 ABB: COMPANY SNAPSHOT
                       TABLE 240 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 241 ABB: DEALS
             14.1.10 BELDEN
                       TABLE 242 BELDEN: COMPANY OVERVIEW
                       FIGURE 47 BELDEN: COMPANY SNAPSHOT
                       TABLE 243 BELDEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 244 BELDEN: DEALS
             14.1.11 SIEMENS
             14.1.12 MOXA
             14.1.13 RED LION CONTROLS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
     14.2 OTHER PLAYERS/STARTUPS 
             14.2.1 VERYX TECHNOLOGIES
             14.2.2 LITMUS AUTOMATION
             14.2.3 CELONA
             14.2.4 GE DIGITAL
             14.2.5 KYLAND TECHNOLOGY
             14.2.6 GRAPHIANT
             14.2.7 A5G NETWORKS
 
15 ADJACENT/RELATED MARKETS (Page No. - 237)
     15.1 INTRODUCTION TO ADJACENT MARKETS 
               TABLE 245 ADJACENT MARKETS AND FORECASTS
     15.2 LIMITATIONS 
     15.3 SOFTWARE-DEFINED WIDE AREA NETWORK (SD-WAN) MARKET 
             15.3.1 MARKET DEFINITION
                       TABLE 246 SD-WAN MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
                       TABLE 247 SD-WAN MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 248 SD-WAN MARKET, BY END USER, 2016–2021 (USD MILLION)
                       TABLE 249 SD-WAN MARKET, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 250 SD-WAN MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
                       TABLE 251 SD-WAN MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
                       TABLE 252 SD-WAN MARKET, BY REGION, 2016–2021 (USD MILLION)
                       TABLE 253 SD-WAN MARKET, BY REGION, 2022–2027 (USD MILLION)
     15.4 INDUSTRIAL IOT (IIOT) MARKET 
             15.4.1 MARKET DEFINITION
                       TABLE 254 INDUSTRIAL IOT MARKET, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD BILLION)
                       TABLE 255 INDUSTRIAL IOT MARKET, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD BILLION)
                       TABLE 256 INDUSTRIAL IOT MARKET, BY REGION, 2017–2020 (USD BILLION)
                       TABLE 257 INDUSTRIAL IOT MARKET, BY REGION, 2021–2026 (USD BILLION)
 
16 APPENDIX (Page No. - 242)
     16.1 DISCUSSION GUIDE 
     16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.3 CUSTOMIZATION OPTIONS 
     16.4 RELATED REPORTS 
     16.5 AUTHOR DETAILS 

The study involved four major activities in estimating the current size of the global industrial networking solutions market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total industrial networking solutions market size. After that, the market breakup and data triangulation techniques were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Bloomberg and BusinessWeek, have been referred to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers; and journals, such as Linux Journal and Container Journal, and articles from recognized authors, directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Marketing Officers (CMO), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the industrial networking solutions market along with the associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Following is the breakup of primary respondents.

Industrial Networking Solutions (INS) Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Company Name

Designation

Belden

Senior Manager

Veryx Technologies

VP

Eaton

Business Executive

Market Size Estimation

The top-down and bottom-up approaches were used to make market estimates and forecast the industrial networking solutions market and other dependent submarkets. The bottom-up procedure was used to arrive at the overall market size of the global industrial networking solutions market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the Industrial networking solutions market have been identified through extensive secondary research.
  • The market size, in terms of value, has been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Industrial networking solutions market Size: Bottom-Up Approach

Industrial Networking Solutions (INS) Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Industrial networking solutions market Size: Top-Down Approach

Industrial Networking Solutions (INS) Market Size, and Share

Data Triangulation

With data triangulation and validation through primary interviews, the exact value of the overall parent market size was determined and confirmed using this study. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.

Market Definition

An industrial network is a system of interconnected objects used to monitor and control physical equipment in industrial environments. These networks are different from traditional enterprise networks regarding specific operational requirements. The industrial network offers many benefits, including cost reduction and low commissioning time, which help manufacturers maintain and configure factory floors.

Key Stakeholders

  • INS service providers
  • Network solution providers
  • Network operators
  • Research organizations, universities, and consulting companies
  • Cellular technology-related associations, organizations, forums, and alliances
  • Network testing service providers
  • MSPs
  • Application design and software developers
  • Consultancy firms and advisory firms
  • Technology consultants
  • Governments
  • Technology vendors

Report Objectives

  • To determine, segment, and forecast the global industrial networking solutions market based on offering, technology, service, application, vertical, networking type, and region in terms of value.
  • To forecast the size of the market segments to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
  • To provide detailed information about the major factors (drivers, opportunities, threats, and challenges) influencing the growth of the market.
  • To study the complete value chain and related industry segments and perform a value chain analysis of the market landscape.
  • To strategically analyze the macro and micro markets to individual growth trends, prospects, and contributions to the total market.
  • To analyze the industry trends, patents, and innovations related to the market.
  • To analyze the opportunities for stakeholders by identifying the high-growth segments of the industrial networking solutions market.
  • To profile the key players in the market and comprehensively analyze their market share/ranking and core competencies.
  • To track and analyze competitive developments, such as mergers & acquisitions, product launches & developments, partnerships, agreements, collaborations, business expansions, and Research & Development (R&D) activities.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of an additional two market players
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