The global industrial communication market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the global industrial communication market during the forecast period is the adoption of technologies due to the industry 4.0 revolution by business organizations all around the globe.
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To connect sensors, machines, and IT systems in a single enterprise an industrial communication are required. The rising adoption rate of IoT by various industries has generated the need for establishing a link between different devices and exchange data in a safe, secure, and efficient manner. In the era of the fourth industrial revolution industrial communication made it possible to gather and analyze data across machines in a flexible, faster, and efficient way to produce higher-quality products at reduced costs. This automation would increase the productivity of the manufacturing process and promote industrial communication market growth.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Industrial Communication Market by Segment
- By Component
o Software and Services
o Hardware
- By Communication Protocol
o Industrial Ethernet
o Wireless
o Fieldbus
- By End-Use
o Oil and Gas
o Manufacturing
o Automobile Industries
o Water and Wastewater
Global Industrial Communication Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
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