Industrial Networking Solutions Market Report 2025 (Global Edition)

Current scenario of the Industrial Networking Solutions market 

Key opportunity in Industrial Networking Solutions market

• Increasing automation in industrial operations acts as an opportunity for the industrial networking solutions market.

Numerous technological advancements are having an impact on the industrial sector and increasing demand for high-quality products and services that can only be delivered at high productivity. Automated manufacturing, industrial automation, and process engineering systems are required to meet this criterion. 

For example,
Manufacturing plants using industrial IoT automation have a 15% advantage in overall production output.

Source (https://gitnux.org/automation-in-manufacturing-statistics/)

The term "automation" (hardware & software) describes the way that hardware and software are categorized and combined. It also entails introducing new features and overcoming constraints with workplace technology. Automation can be achieved by the use of software that handles operational procedures and automates logical operations, or by installing automated hardware, such as embedded systems. Scalable automation technology may be used to create flexible, adaptable production processes with competitive production costs for future production systems. 

For example,
Industries with the highest level of automation are manufacturing at 39%, utilities at 37%, and sales at 31%.

Source (https://gitnux.org/automation-statistics/#:~:text=The%20global%20implementation%20of%20industrial,over%20the%20next%20three%20years.) 

An operation needs to continue operating to be profitable and productive. For example, to maintain optimal industrial efficiency, machine maintenance must be performed during scheduled downtime. It is preferable if machines can anticipate issues and know when and where they will occur to handle them appropriately. This data must be distributed throughout industrial networks for analysis, and it is also helpful for business intelligence and machine learning. Growing advancement in the operations influences the industrial networking solutions.

Key drivers of the Industrial Networking Solutions market

• Increasing cloud computing operations drives the industrial networking solutions market growth

The way business functions has been completely transformed by cloud computing, which offers numerous benefits that improve productivity, adaptability, and scalability. The Future of Cloud Computing will see a significant increase in the handling of large amounts of data, as businesses generate data at unprecedented rates. Cloud storage solutions will provide a scalable and flexible way to store and access vast datasets, catering to different business needs. Real-time data processing will be a crucial aspect of data management, allowing for quicker decision-making and maintaining a competitive edge.

For example,
Cloud computing will also improve collaboration by breaking down geographical barriers, allowing remote and global teams to work together as if they were in the same room. This will enable simultaneous work on projects, instant file sharing, and real-time communication. The rise of virtual workspaces will also be expected, providing a virtual environment that simulates physical offices, offering features like virtual meeting rooms, shared digital whiteboards, and social areas. Cloud computing not only streamlines operations but also fosters creativity and innovation by allowing businesses to experiment with new ideas without significant upfront investment in infrastructure. 

Source (https://www.datasciencecentral.com/the-future-of-cloud-computing-in-business-operations/) 

Lastly, cloud computing accelerates the product development cycle, allowing teams to quickly set up and dismantle test environments, prototype more efficiently, and bring products to market faster, giving businesses a significant advantage in rapidly evolving markets. Increasing cloud computing operations drives the industrial networking solutions market growth.

• The rise of wireless technologies in industrial operations drives the market.

With the development of wireless technology, one may now send text and multimedia messages, stream music and video, and access the internet at ever-increasing speeds in addition to making classic voice-only conversations. Because of this development, wireless technology is becoming an essential aspect of our daily life. Large telecommunications corporations have largely been responsible for the industry's changes for the majority of wireless network history. That trend is still there now, and big businesses will continue to have a significant impact for some time to come. Nonetheless, many small businesses are aiming to disrupt the sector since they have a greater opportunity than ever before to do so in the modern world. In recent years, we have also witnessed a few new, sizable corporations enter the wireless market. 

For example,
Consumer adoption of Wi-Fi 6 devices grew by 363% in 2020.

Source (https://zipdo.co/statistics/wireless/)

For example,
56% of small businesses have implemented wireless technology for WIFI services.

Source (https://zipdo.co/statistics/wireless/)

The benefit of wireless is that it doesn't require the large infrastructure investments of wired networks, making it more accessible to smaller businesses. Additionally, this increases the viability of switching to wireless products for both customers and major organizations. The market is driven by the increasing use of wireless technology in industrial operations.

Key restraints of the Industrial Networking Solutions market

• Growing data migration hampers the Industrial Networking Solutions market growth

The process of transferring data between locations, formats, or applications is known as data migration. This usually happens when a new system or location for the data is introduced. The migration or consolidation of applications, whereby legacy systems are supplemented or replaced by new applications that will share the same dataset, is typically the business driver. These days, data migrations are frequently initiated by businesses looking to optimize or change their operations by switching from on-premises infrastructure and applications to cloud-based storage and apps. The term "data migration" refers to the process by which data draws in additional data, incorporates it into an organization, and changes over time. Gartner advises separating data and apps at the start of a project to enhance data management, permit application mobility, and enhance data governance to overcome data migration. However each application adds layers of application logic into the data management tier, making data administration more difficult, and each is apathetic towards the subsequent data use case. This results in technological debt and less-than-ideal designs, which need to be fixed for data migration or integration efforts. Consider elevating data migration to "strategic weapon" status to handle this complexity, making sure the project gets the proper amount of attention and funding. 

How did COVID-19 impact the Industrial Networking Solutions market

After beginning in the Wuhan area of China, the COVID-19 pandemic quickly expanded to other parts of the world. Governmental officials decided to shut down corporate and industrial operations to stop the deadly virus from spreading. As a result, a large number of employees, students, and other organizations decided to stay indoors. Organizations shifted to the new standard work-from-home scenario to preserve business operations. Furthermore, companies limited staff mobility during virtual platform meetings. This in turn raised the need for cloud-based business communications solutions and other productivity tools. As a result, the epidemic has raised demand for both wired and wireless Internet connections. Several components are needed in the manufacturing of semiconductor devices. However, the demand for the parts has drastically decreased as a result of the global epidemic, particularly in countries where complete lockdowns have been implemented. Import and export regulations largely affect producers of internet equipment systems and other component service providers. The impact on companies that create parts for fire extinguishers, fire sprinklers, and other items is particularly substantial because of a workforce shortage, testing facilities in the US, and several packages. This has made things difficult for companies that manufacture various fire suppression components. It's difficult for a lot of small and medium-sized enterprises to locate packaging providers with sufficient output.

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.

The Global Industrial Networking Solutions Market is witnessing significant growth in the near future.

In 2023, the Hardware segment accounted for noticeable share of global Industrial Networking Solutions Market and is projected to experience significant growth in the near future.

The Remote Monitoring segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Juniper Networks , Sierra Wireless and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.

Frequently Asked Questions (FAQs)