Future Insights: Industrial Networking Solutions Market Set to Reach $73.3 Billion by 2028

Webersnits24 Sep, 2024News

The global Industrial Networking Solutions (INS) Market size is projected to grow from USD 29.2 billion in 2023 to USD 73.3 billion by 2028, at a CAGR of 20.2% during the forecast period 2023 to 2028, according to a new report by MarketsandMarkets?. The Industrial Internet of Things (IIoT) is a key driver of industrial networking technologies. Connectivity and communication between machines, devices, and systems allow for real-time data monitoring and analysis, which leads to better decision-making and predictive maintenance.

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