Industrial Wireline Networking Market to grow by USD 2.01 billion between 2023 - 2028, Growth Driven by increasing adoption of IIoT - Technavio
NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The Industrial Wireline Networking Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the industrial wireline networking market between 2023 and 2028 is USD 2.01 billion. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The increasing adoption of IIoT drives the market growth. The connected devices in Industrial Ethernet include the I/O drives, sensors, and other allied components. These components exist at the lower end of the automation hierarchy and play a major role in the development of connectivity-enabled business strategies in the future. The collection, analysis, and exchange of data are enabled with the implementation of IIoT in an industrial plant enables physical devices that are embedded with sensors, software, and hardware.
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According to Technavio's report, the industrial wireline networking market is segmented based on Application (Industrial ethernet and Fieldbus), Deployment (On-premise and Cloud), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
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Key Companies in the industrial wireline networking market:
ABB Ltd., Analog Devices Inc., Balluff GmbH, BCE Inc., Beckhoff Automation GmbH and Co. KG, Belden Inc., Cisco Systems Inc., Cyient Ltd., Emerson Electric Co., Hans Turck GmbH and Co. KG, Hitachi Ltd., HMS Networks AB, Huawei Technologies Co. Ltd., Industrial Networking Solutions, Mitsubishi Electric Corp., Moxa Inc., Nexans SA, Rockwell Automation Inc., Siemens AG, Signamax Inc.
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Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Deployment
Market Segmentation by Geography
Drivers, Challenges, & Trends
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