Industrial Wireless Solution Market Size, Share, Trend, Key Manufacturer Analysis 2018 - 2023


Posted February 8, 2019 by DhanashreeP

Market Research Future published a research report on “Industrial Wireless Solution Market Research Report – Global Forecast to 2023” – Market Size, Share, Analysis, Scope, Progress, Trends and Forecast to 2023.
 
According to Market Research Future, the global industrial wireless solution market is segmented into type, organization size, verticals, and region.
The global industrial wireless solution market was valued at USD 2.55 billion in 2017 and is expected to reach USD 9.35 billion by the end of the forecast period with a CAGR of 25.0%
The industrial wireless solution is one of the trending technological solution that enable enterprises to improve operational efficiency and reduce on the infrastructural deployment cost. various industries are identifying the need for automation and are approaching the service providers to help transform from traditional network connectivity to wireless-based network connectivity. This has helped many of the vendors to gain additional productivity and operational efficiency

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By type, the market is segmented into wireless field instruments, mobile computing devices, and wireless network. It has been observed in the industries, that mobile computing devices play a major role towards digitization. The trend of BYOD is expected to help mobile computing devices to have the largest market share. However, the wireless network is expected to grow with a highest CAGR during the forecast period.
By organization size, the market is segmented into large enterprise and small and medium sized enterprises. Among the enterprises, large enterprises possess the financial capabilities to upgrade their existing network infrastructure to wireless based infrastructure. However, the adoption rate of cloud services in small and medium enterprises is high, which makes it the fastest growing segment.

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By vertical, the market is segmented into process industry, and discrete industry. Process industry is further segmented into energy and utilities, chemicals and materials, food & beverage, and others. Discrete industry is further segmented into automotive, semiconductor & electronics, medical devices, and transportation.
By region, the industrial wireless solution market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

Key Players
The key players in the industrial wireless solution market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Cisco Systems Inc (US), Eaton Corporation PLC (Ireland), ABB Limited (Switzerland), Belden Inc (US), Emerson Electric Company (US), Honeywell International Inc (US), Siemens AG (Germany), Yokogawa Electric (Japan), AT&T (US), and Phoenix Contact GmbH & Co (Germany)
Apart from the top key players, the other players contribute nearly 30–35 % in the industrial wireless solution market. These include DataGear Inc (US), Ruckus Networks (US), OleumTech (US), Molex, LLC (US), General Electric (US), Neratec Solutions AG (Switzerland), Westermo Network Technologies AB (Sweden), Wipro Ltd (India), Value Line Inc (US), Cambium Networks, Ltd (US), Accenture PLC (US), Cognizant Technology Solutions Corp (US), Maestro Wireless Solutions Limited (China), Fluidmesh Networks LLC (US), Advantech Co., Ltd (Taiwan), HMS Industrial Networks (Sweden), and others.

Visit more @ https://www.openpr.com/news/1555315/Industrial-Wireless-Solution-Market-2018-2023-Ongoing-Trend-Growing-at-Remarkable-CAGR-of-25-0-with-Cisco-Systems-Eaton-Corporation-PLC-Belden-Emerson-Electric-Company-Honeywell-International-Siemens-AG-and-others.html

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Last Updated February 8, 2019