Latest News- Industrial Wireline Networking Market: Industrial ethernet is expected to lead the Application segment during 2025-2029

The Industrial Wireline Networking Market is being driven by Growing benefits of industrial ethernet

The Industrial Wireline Networking Market is expected to grow at a CAGR of 5.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1794.3 million. In the industrial sector, the proliferation of IoT and the increasing demand for automation are driving the need for advanced cable systems. Traditional ethernet wiring and application standards, such as category-rated twisted pair cabling, have limitations that hinder the connection of devices in large-scale industrial environments. Specifically, the physical reach of twisted-pair cables is restricted to 100 meters (328 ft.), which is insufficient for many automation protocols within a facility. To address this issue, the Institute of Electrical and Electronics Engineers (IEEE) 802 is developing next-generation cable systems to provide cost-effective power, connectivity, and security for billions of connected devices, overcoming the distance limitations of current ethernet cabling. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Industrial ethernet
  • Fieldbus
• Deployment
  • On-premises
  • Cloud
• Platform
  • Local area network (LAN)
  • Wide area network (WAN)
  • Industrial Internet of Things (IIoT) networks
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing benefits of industrial ethernet
• Increasing adoption of IIoT
• Increasing adoption of power over ethernet

However, the market also witnesses some limitations, which are as follows:

• Growing preference for wireless communication
• Volatility in raw material prices
• Threat of cyber attacks

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Market Scope in Industrial Wireline Networking Market Research Report

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Research Analysis Overview

The Industrial Wireline Networking Market is experiencing significant growth due to the integration of IoT and IIoT technologies, with a focus on WLAN and wireless communication. Predictive analytics and smart sensors are driving the adoption of connected devices in sectors like chemicals and materials, machine manufacturing, and virtual reality. Collaborations between industry leaders, such as Fortinet, are optimizing data interchange and process monitoring for decision-making and resource utilization. WAN services and private 5G adoption are also expanding the market's TAM.

Market Research Overview

The Industrial Wireline Networking Market is a segment of Technavio's comprehensive research on the global Technology Hardware, Storage, and Peripherals Market, which encompasses the manufacturing sector for cellular phones, personal computers, servers, electronic computer components, peripherals, data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other related equipment. Technavio estimates the size of this market by evaluating the revenue generated from the sales of these hardware devices, equipment, and components. The global Technology Hardware, Storage, and Peripherals Market is expected to grow significantly due to the increasing volume, velocity, veracity, and variety (4Vs) of data. This trend is primarily driven by the expanding number of data centers and the subsequent demand for advanced data storage solutions. Additionally, the integration of Industrial Internet of Things (IIoT) and Wireless Local Area Networks (WLAN) technologies, as well as the implementation of predictive analytics, will further fuel market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/