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Industrial Ethernet Market Size
- Report ID: GMI2437
- Published Date: Nov 2022
- Report Format: PDF
Industrial Ethernet Market Size
Industrial Ethernet Market size surpassed USD 50 billion in 2022 and is expected to grow at over 15% CAGR from 2023 to 2032.
Ethernet has low-cost implementation and enables high-speed data transmission making it an attractive networking technology for the industrial sector. The rising penetration of innovative & automated solutions is fueling the demand for ethernet technology. Many large-scale enterprises are adopting high computing & processing devices which are then connected over a cloud infrastructure via Radio Access Network (RAN). This has resulted in the cumulative adoption of industrial ethernet to achieve industry 4.0 networking, thereby improving the market scenario.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Industrial Ethernet Market Size in 2022: | 50 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 15% |
| 2032 Value Projection: | 350 billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 360 |
| Tables, Charts & Figures: | 389 |
| Segments covered: | Component, Protocol, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Industrial Ethernet Market Scope
