North America is estimated to account for the largest market share in the industrial networking solutions market in 2017. The factors that propel this growth include increase in adoption of smart connected devices, Industrial Internet of Everything (IIoE), and agile networks. Moreover, different stakeholders, such as industrial networking solution providers, Managed Service Providers (MSPs), technology consultants, and network operators, have partnered with major players to enhance the organizational networking ecosystem in North America. Asia-Pacific (APAC) is expected to grow at the highest CAGR during the forecast period attributed to the fact that it has witnessed the fastest growth rate, owing to the rapid development of the network infrastructure. Moreover, this region has witnessed robust initiatives to upsurge the industrial networking infrastructure in different countries. For instance, IIoT initiatives in Singapore form a part of a larger Smart Nation Initiative, which is expected to help foster stronger communities, create job opportunities, and improve public services.

Market Analysis and Insights: Global Industrial Networking Solutions Market
The global Industrial Networking Solutions market size is projected to reach US$ 11580 million by 2026, from US$ 9826.5 million in 2020, at a CAGR of 17.0%% during 2021-2026.

Global Industrial Networking Solutions Scope and Market Size
Industrial Networking Solutions market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Networking Solutions market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study

Juniper Networks
Huawei
Sierra Wireless
Dell Emc
Cisco
Rockwell Automation
Eaton
Veryx Technologies
HPE
Moxa
ABB
Belden

Market segment by Type, the product can be split into

WLAN
SDWAN
IIoT

Market segment by Application, split into

Automotive
Machine manufacturing
Semiconductor and electronics
Medical devices
Logistics and transportation
Energy and utilities
Chemicals and materials
Food and beverage
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India