Global Industrial Communication Market 2021-2025 The analyst has been monitoring the industrial communication market and it is poised to grow by $ 65. 07 bn during 2021-2025, progressing at a CAGR of 11.
New York, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Industrial Communication Market 2021-2025" - https://www.reportlinker.com/p04647419/?utm_source=GNW
02% during the forecast period. Our report on the industrial communication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising adoption of IIoT technology and the emergence of new and innovative Fieldbus. In addition, the rising adoption of IIoT technology is anticipated to boost the growth of the market as well.
The industrial communication market analysis includes the protocol segment and geographic landscape.
The industrial communication market is segmented as below:
• Industrial Ethernet
By Geographical Landscape
• North America
• South America
This study identifies the increasing deployment of industrial Ethernet solutionsas one of the prime reasons driving the industrial communication market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on industrial communication market covers the following areas:
• Industrial communication market sizing
• Industrial communication market forecast
• Industrial communication market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial communication market vendors that include ABB Ltd., Advantech Co. Ltd., Cisco Systems Inc., Emerson Electric Co., General Electric Co., National Instruments Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Texas Instruments Inc. Also, the industrial communication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p04647419/?utm_source=GNW
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