Industrial Networking Solutions Market Growth, Market Demand, Key Players, Segments and Industry Forecast for 2017 to 2022

The major factors that are expected to drive the growth of the market include the growth in demand for Software Defined Wide Area Network (SDWAN) solutions and rise in need for predictive maintenance. In addition, the proliferation of wireless technologies in industry operations and advent of data analytics and data processing are some of the factors that are expected to boost the market growth.

The industrial networking solutions market is segmented based on components (technologies and services), application, deployment, vertical, and region.

 In addition, services are considered as the backbone of industrial networking, as they are instrumental in fulfilling the clients’ requirements, such as network provisioning, network testing and auditing, network planning and optimization, network orchestration, support and maintenance, training and education, and network consulting.

The predictive maintenance sub segment under the application segment is expected to grow at the fastest rate attributed to the fact that latest industrial networking technologies have provided a complete paradigm shift with respect to the operations and maintenance of the industrial equipment.

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The companies, such as Moxa have offered predictive maintenance applications, called proactive self-maintenance, which helps industries to monitor the health of the computers deployed in their Industrial Internet of Things (IIoT) enabled systems.

The manufacturers in the discrete industry face challenges, such as the ever-changing customer expectations, accelerated time-to-market cycles, regulatory pressure, and increase in cost of materials. To address such challenges, the discrete industry companies have started using IIoT technologies and data analytics. 

The study measures and evaluates the major offerings and key strategies of the key market vendors, including Huawei (China), Eaton (Ireland), Cisco (US), Dell EMC (US), Juniper Networks (US), Sierra Wireless (Canada), Aruba Networks (US), Veryx Technologies (US), ABB (Switzerland), Moxa (US), Belden (US), and Rockwell Automation (US). These companies have been at the forefront in offering reliable industrial networking solutions to commercial clients across diverse locations.