Scope of the Study
Industrial networks are the networks which are involved in the transfer of data on a large scale. It allows connecting different devices in large spaces and providing connection which allows transferring huge amount of data in between. Industrial networks include LAN and WAN to transfer the data in various systems in same place. With the use of industrial networks end to end digital signal accuracy and integrity has been improved. In addition, these networks are used in distribution of products, offer technical support and provide IT services.
The market study is being classified, by Application (Remote monitoring, Asset tracking and management, Supply chain management, Real-time streaming and video, Emergency and incident management and Predictive maintenance) and major geographies with country level break-up.
ABB (Switzerland), Cisco (United States), Dell EMC (United States), Juniper Networks (United States), Sierra Wireless (Canada), Aruba Networks (United States), Veryx Technologies (United States), Moxa (United States), Belden (United States) and Rockwell Automation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Huawei (China) and Eaton (Ireland).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Industrial Networking Solutions market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Industrial Networking Solutions market by Type, Application and Region.
On the basis of geography, the market of Industrial Networking Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Proliferation of Wireless Technology and Growing Industrial IoT
- Rising Demand of Wireless Technology and Industrial Ethernet is Fueling the Market Growth
- Advent of Data Analytics and Data Processing
- Adoption of Personal Devices in Workplaces Coupled with Increasing IoT Devices
- Data Security and Privacy Concerns Along with Data Migration May Hamper the Market
- Application of Industrial Networking Solution in Wide Range of Applications
- Increase in Demand of Software Defined Wide Area Networks
- Complexity Involved in Connecting Systems to Smart Infrastructure
Market Leaders and their expansionary development strategies
On 5th March 2020, ABB has acquired Cylon controls which is an electronic manufacturing platform and provides smart energy solutions for businesses.
On 24th September 2019, Emerson has launched Industrial wireless network solutions. This transforms the data management which helps in improving plant productivity, reliability and safety.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations, Enterprise software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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