Industrial Networking Solutions (INS) Market

The global Industrial Networking Solutions Market size is projected to grow from USD 29.2 billion in 2023 to USD 73.3 billion by 2028, at a CAGR of 20.2% during the forecast period. The shift towards Industry 4.0 and brilliant production is a significant driver of industrial networking solutions. Manufacturers increasingly use automation, IoT (Internet of Things), and data analytics to boost efficiency and productivity.

Top Industrial Networking Solutions Companies include;

• Cisco (US)
• Juniper Networks (US)
• Huawei (China)
• Dell Technologies (US)
• Rockwell Automation (US)
• Eaton (Ireland)
• Nokia (Finland)

These competitors have used various growth methods to increase their market share in the industrial networking solutions market, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.

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

Cisco :

• Cisco is a high-end provider of hardware, software, networking, communication systems, and technology-based products and services. The company offers solutions, such as Software-Defined Access, DNA Analytics and Assurance, Cisco SD-WAN Solutions, and Wireless and Mobility, to cater to the process and discrete industries. Moreover, its flagship product, Cisco IoT Networking, includes Cisco Kinetic and Cisco Networking. It bridges the gaps between IT and operational technologies and supports the entire organization with a scalable network infrastructure. Additionally, it provides IoT services to transform organizations’ operational networks into IP-based industrial networks. These services increase efficiency, lower support costs, and improve the network availability of organizations, thereby fulfilling their networking needs as well. Furthermore, Cisco offers industrial networking solutions, such as centralized management, location analytics, application visibility and control, dedicated security radio, and identity-based firewalls for its industrial clients.

Juniper Networks:

• Juniper Networks is instrumental in offering industrial networking solutions, such as Data Center Interconnect (DCI) Networking, Network Operating System (OS), and SD-WAN. These solutions facilitate high performance, elasticity, and security in enterprise networks. Juniper’s SD-WAN solution, in particular, delivers a secure scalable, and carrier-grade Cloud Customer Premises Equipment (CPE) solution for service providers. It also simplifies the delivery of policy-based routing across enterprise locations with the help of detailed visualization and fully integrated network services. The company also offers various professional services to its industrial customers, such as application management and orchestration, training and certification, and support and maintenance.

Huawei Technologies Co., Ltd.:

• commonly referred to as Huawei, is a multinational technology company headquartered in Shenzhen, Guangdong, China. Founded in 1987 by Ren Zhengfei, Huawei initially focused on manufacturing phone switches. Over the years, it has grown into one of the world's largest telecommunications equipment suppliers and a leading provider of consumer electronics and enterprise solutions.

Dell Technologies :

• Dell Technologies is a multinational technology company headquartered in Round Rock, Texas, United States. Founded in 1984 by Michael Dell, the company started as a provider of personal computers, and over the years, it has evolved into a diversified technology solutions provider offering a wide range of products and services.

Rockwell Automation: 

• Rockwell Automation is a global leader in industrial automation and digital transformation solutions, headquartered in Milwaukee, Wisconsin, United States. Founded in 1903 as a manufacturer of industrial control and power systems, Rockwell Automation has since evolved into a comprehensive provider of automation technology, software, and services for a wide range of industries.

Eaton Corporation plc :

• Eaton Corporation plc commonly known as Eaton, is a multinational power management company headquartered in Dublin, Ireland. Founded in the United States in 1911, Eaton has established itself as a global leader in electrical, hydraulic, and mechanical power solutions.

Nokia :

• Nokia, headquartered in Espoo, Finland, is a global leader in telecommunications technology and digital infrastructure. While traditionally known for its expertise in mobile networks, Nokia also provides industrial networking solutions tailored for various industries.

Related Reports:

Industrial Networking Solutions (INS) Market by Technology (SD-WAN, WLAN, IIoT), by Application (Remote Monitoring, Predictive Maintenance, Emergency & Incident Management, Asset Tracking & Management, Supply Chain Management) - Global Forecast to 2028