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The managed industrial ethernet switches market size has the potential to grow by USD 688.31 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (discrete industry and process industry) and geography (Europe, North America, APAC, South America, and MEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including ABB Ltd., Advantech Co. Ltd., Beckhoff Automation GmbH & Co. KG, Belden Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and TE Connectivity Ltd.
Browse TOC and LoE with selected illustrations and example pages of Managed Industrial Ethernet Switches Market
The market is fragmented and it is expected for more players to enter the market during the forecast period. The vendors mainly focus on the Americas as industries in this region adhere to the instrumentation services schedule. However, during the forecast period, major vendors will be focusing on APAC, as it will witness a rapid growth of industrialization and impact the industrial communication network. ABB Ltd., Advantech Co. Ltd., and Beckhoff Automation GmbH & Co. KG are some of the major market participants.
Market drivers such as the need for network traffic management will offer immense growth opportunities. However, factors such as the increase in preference for WLAN solutions will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this managed industrial ethernet switches market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this managed industrial ethernet switches market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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