Industrial Networking Solutions Market Trend, Outlook 2030

The Industrial Networking Solutions Market was valued at USD 21.9 Billion in 2021, the market is projected to grow USD 59.50 Billion in 2030, at a CAGR of 22.06%. Many sectors want to improve the operational efficiency of their assets and production processes by utilizing convergence, digitalization, and the emerging solutions in the IIoT and Industry 4.0. These initiatives must securely link the production settings utilizing widely used networking technologies to provide industries and their significant partners access to a rich supply of real-time visibility, fresh data, and remote access to the systems and assets in operational environments.