© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industrial Communication Market to exceed $160bn by 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The emergence of the Industrial Internet of Things (IIoT) solution is driving the industrial communication market. Over the past five years, IIoT has emerged as one of the most disruptive technology. It is transforming industrial process and automating operation across several industry verticals including automotive, manufacturing, energy, oil & gas, healthcare, and transportation. These industry verticals collectively account for more than two-thirds of the world’s economy.  Supportive government initiatives to promote automation among industries augment the demand for industrial communication market. Governments across countries are playing a pivotal role in driving digitalization & automation across industry verticals. They are working closely with industry giants and other private sector players to promote the adoption of advanced technologies Key Insights from Industrial Communication Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  Ethernet IP will grow at a CAGR of over 12% during the forecast period. The large-scale adoption of the protocol throughout the manufacturing architecture is the primary factor supporting the growth of the industrial communication market.  Wireless communication protocol will grow at a CAGR of more than 22% during the projected timeline. Advancements in communication technology along with the rapid adoption of IoT devices is driving the industrial communication market. The benefits offered by wireless communication over wired communication technology, such as flexibility, scalability, and cost-effectiveness, further accelerates its demand.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Report Industrial Communication market] market Request for a sample of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Industrial Communication Market Revenue, By Component, 2018 & 2025, (USD Million)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved ABB ACS Motion Control Advanced Motion Control ADVANTECH Beckhoff Automation Major Companies Industrial Communication Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Industry Coverage

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asia Pacific industrial communication market will grow at a CAGR of more than 12% during the forecast period. The market is driven by rapid industrialization in the emerging economies of the region. The supportive government policies for promoting domestic manufacturing capabilities and the low cost & skilled labor force are some of the primary factors that paved the way for industrialization in the region. Moreover, the increasing adoption of the Industry 4.0 revolution further augments the demand for the industrial communication market. Regional Insights in Industrial Communication Market :

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