North America Industrial Networking Solution Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

September 2025 | 142 pages | ID: ND982F6E7789EN
The Insight Partners

Abstracts

The North America industrial networking solution market is projected to grow significantly, reaching approximately US$ 35,187.21 million by 2031, up from US$ 8,523.25 million in 2023, reflecting a compound annual growth rate (CAGR) of 19.4% during this period.

Executive Summary and Market Analysis

The North American market is experiencing robust growth and holds a substantial share in the industrial networking solutions sector, positioning itself as a key player in the global landscape. The United States, in particular, is leading the charge in adopting advanced technologies such as industrial automation, the Internet of Things (IoT), and Industry 4.0. This trend has created a heightened demand for industrial networking solutions that ensure efficient connectivity and data exchange within these sophisticated technological frameworks.

Major companies like Cisco Systems Inc., Juniper Networks Inc., Rockwell Automation, and Sierra Wireless are pivotal in driving innovation and market growth. These firms utilize their expertise to provide tailored networking solutions that meet the specific needs of various industries in the region.

The advent of 5G and Wi-Fi 6/6E technologies has revolutionized communication in control operations, enabling real-time interactions that were previously reliant on wired connections or custom wireless solutions. This technological shift presents new opportunities for industrial automation and smart manufacturing in North America. The integration of wireless technology into industrial automation systems offers numerous advantages, including cost savings from reduced wiring, improved access to plant data, enhanced productivity, and better asset management. Consequently, the adoption of wireless technologies in industrial automation is anticipated to rise, further propelling the growth of the industrial networking solutions market.

Market Segmentation Analysis

The North America industrial networking solution market can be segmented based on components, deployment methods, connectivity types, and end-use industries:
- Components: The market is divided into hardware, software, and services, with hardware dominating the market share in 2023.
- Deployment: The solutions are categorized into on-premise and cloud deployments, with on-premise solutions holding a larger market share.
- Connectivity: The market is split into wired and wireless connectivity, where wired solutions currently lead.
- End-Use Industries: Key sectors include automotive, banking, financial services, insurance (BFSI), manufacturing, telecommunications, logistics, and transportation, with manufacturing being the largest segment in 2023.

Market Outlook

The increasing demand for predictive maintenance is a significant driver of the industrial networking solutions market. These solutions enable real-time monitoring and predictive analytics, allowing organizations to optimize maintenance schedules and reduce downtime. By leveraging technologies such as the Industrial Internet of Things (IIoT) and advanced data analytics, companies can foresee potential equipment failures, facilitating timely repairs and minimizing unexpected breakdowns. This proactive approach enhances operational efficiency and leads to substantial cost savings.

Industrial networking solutions are essential for ensuring reliable communication and connectivity within industrial operations, playing a crucial role in optimizing processes and enabling real-time control and monitoring. The rising need for predictive maintenance is expected to further stimulate market growth as organizations increasingly seek to implement these solutions for improved operational performance.

Country Insights

The North American industrial networking solution market includes the US, Canada, and Mexico, with the US holding the largest market share in 2023. The US manufacturing sector is undergoing a transformation driven by a growing reliance on data for decision-making. The convergence of operational technology (OT) and information technology (IT) is anticipated to create new opportunities for the industrial networking solutions market in the US. As OT and IT systems merge, the risk of OT cyberattacks increases, posing significant challenges for manufacturing firms.

Historically, manufacturing networks and enterprise IT systems operated in separate domains. However, the rise of the IIoT has blurred these lines, necessitating a more integrated approach. Key players in the region are focusing on technological advancements and product innovations. For example, in January 2022, Cisco expanded its Catalyst 9000 portfolio to enhance enterprise-grade switching capabilities for industries operating in challenging environments, such as utilities and oil and gas.

Company Profiles

Key market participants include ABB Ltd, Belden Inc, Cisco Systems Inc, Hewlett Packard Enterprise, Huawei Technologies, Moxa Inc., Nokia Corp, Rockwell Automation Inc, Semtech Corp, and Siemens AG. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their offerings and increase market share.

Reason to buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America industrial networking solution market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in North America industrial networking solution market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the industrial networking solution market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

Companies

• ABB Ltd
• Belden Inc
• Cisco Systems Inc
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co Ltd
• Moxa Inc.
• Nokia Corp
• Rockwell Automation Inc
• Semtech Corp
• Siemens AG

Contents

1. INTRODUCTION

1.1 Report Guidance
1.2 Market Segmentation

2. EXECUTIVE SUMMARY

2.1 Key Insights
2.2 Market Attractiveness

3. RESEARCH METHODOLOGY

3.1 Secondary Research
3.2 Primary Research
  3.2.1 Hypothesis formulation:
  3.2.2 Macroeconomic factor analysis:
  3.2.3 Developing base number:
  3.2.4 Data Triangulation:
  3.2.5 Country-level data:

4. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET LANDSCAPE

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
  4.3.1 Hardware and Software Providers
  4.3.2 Services and Hardware Integrators
  4.3.3 End Users
4.4 List of Vendors in the Value Chain

5. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET - KEY MARKET DYNAMICS

5.1 Market Drivers
  5.1.1 Increasing Adoption of Wireless Technologies
  5.1.2 Rising Need for Predictive Maintenance
5.2 Market Restraints
  5.2.1 High Initial Cost of Industrial Networking Solutions
5.3 Market Opportunities
  5.3.1 Integration of Industrial Internet of Things
  5.3.2 Emergence of Industry 4.0
5.4 Trends
  5.4.1 Increasing Demand for SD-WAN Solution
5.5 Impact of Drivers and Restraints:

6. INDUSTRIAL NETWORKING SOLUTIONS MARKET - NORTH AMERICA ANALYSIS

6.1 North America Industrial Networking Solutions Market Revenue (US$ Million), 2021-2031
6.2 North America Industrial Networking Solutions Market Forecast Analysis

7. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET ANALYSIS - BY COMPONENT

7.1 Hardware
  7.1.1 Overview
  7.1.2 Hardware: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Software and Services
  7.2.1 Overview
  7.2.2 Software and Services: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET ANALYSIS - BY DEPLOYMENT

8.1 On-premise
  8.1.1 Overview
  8.1.2 On-premise: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Cloud
  8.2.1 Overview
  8.2.2 Cloud: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET ANALYSIS - BY CONNECTIVITY

9.1 Wired
  9.1.1 Overview
  9.1.2 Wired: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Wireless
  9.2.1 Overview
  9.2.2 Wireless: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET ANALYSIS - BY END-USE INDUSTRY

10.1 Automotive
  10.1.1 Overview
  10.1.2 Automotive: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 BFSI
  10.2.1 Overview
  10.2.2 BFSI: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Manufacturing
  10.3.1 Overview
  10.3.2 Manufacturing: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Telecommunication
  10.4.1 Overview
  10.4.2 Telecommunication: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Logistics and Transportation
  10.5.1 Overview
  10.5.2 Logistics and Transportation: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Others
  10.6.1 Overview
  10.6.2 Others: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. NORTH AMERICA INDUSTRIAL NETWORKING SOLUTIONS MARKET - COUNTRY ANALYSIS

11.1 North America
  11.1.1 North America Industrial Networking Solutions Market Overview
  11.1.2 North America Industrial Networking Solutions Market - Revenue and Forecast Analysis - by Country
    11.1.2.1 North America Industrial Networking Solutions Market - Revenue and Forecast Analysis - by Country
    11.1.2.2 United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
      11.1.2.2.1 United States: North America Industrial Networking Solutions Market Share - by Component
      11.1.2.2.2 United States: North America Industrial Networking Solutions Market Share - by Deployment
      11.1.2.2.3 United States: North America Industrial Networking Solutions Market Share - by Connectivity
      11.1.2.2.4 United States: North America Industrial Networking Solutions Market Share - by End-use Industry
    11.1.2.3 Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
      11.1.2.3.1 Canada: North America Industrial Networking Solutions Market Share - by Component
      11.1.2.3.2 Canada: North America Industrial Networking Solutions Market Share - by Deployment
      11.1.2.3.3 Canada: North America Industrial Networking Solutions Market Share - by Connectivity
      11.1.2.3.4 Canada: North America Industrial Networking Solutions Market Share - by End-use Industry
    11.1.2.4 Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
      11.1.2.4.1 Mexico: North America Industrial Networking Solutions Market Share - by Component
      11.1.2.4.2 Mexico: North America Industrial Networking Solutions Market Share - by Deployment
      11.1.2.4.3 Mexico: North America Industrial Networking Solutions Market Share - by Connectivity
      11.1.2.4.4 Mexico: North America Industrial Networking Solutions Market Share - by End-use Industry

12. COMPETITIVE LANDSCAPE

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. INDUSTRY LANDSCAPE

13.1 Overview
13.2 Market Initiative
13.3 Product News & Company News
13.4 Collaboration and Mergers & Acquisitions

14. COMPANY PROFILES

14.1 Huawei Technologies Co Ltd
  14.1.1 Key Facts
  14.1.2 Business Description
  14.1.3 Products and Services
  14.1.4 Financial Overview
  14.1.5 SWOT Analysis
  14.1.6 Key Developments
14.2 ABB Ltd
  14.2.1 Key Facts
  14.2.2 Business Description
  14.2.3 Products and Services
  14.2.4 Financial Overview
  14.2.5 SWOT Analysis
  14.2.6 Key Developments
14.3 Belden Inc
  14.3.1 Key Facts
  14.3.2 Business Description
  14.3.3 Products and Services
  14.3.4 Financial Overview
  14.3.5 SWOT Analysis
  14.3.6 Key Developments
14.4 Cisco Systems Inc
  14.4.1 Key Facts
  14.4.2 Business Description
  14.4.3 Products and Services
  14.4.4 Financial Overview
  14.4.5 SWOT Analysis
  14.4.6 Key Developments
14.5 Hewlett Packard Enterprise Development LP
  14.5.1 Key Facts
  14.5.2 Business Description
  14.5.3 Products and Services
  14.5.4 Financial Overview
  14.5.5 SWOT Analysis
  14.5.6 Key Developments
14.6 Moxa Inc.
  14.6.1 Key Facts
  14.6.2 Business Description
  14.6.3 Products and Services
  14.6.4 Financial Overview
  14.6.5 SWOT Analysis
  14.6.6 Key Developments
14.7 Nokia Corp
  14.7.1 Key Facts
  14.7.2 Business Description
  14.7.3 Products and Services
  14.7.4 Financial Overview
  14.7.5 SWOT Analysis
  14.7.6 Key Developments
14.8 Rockwell Automation Inc
  14.8.1 Key Facts
  14.8.2 Business Description
  14.8.3 Products and Services
  14.8.4 Financial Overview
  14.8.5 SWOT Analysis
  14.8.6 Key Developments
14.9 Semtech Corp
  14.9.1 Key Facts
  14.9.2 Business Description
  14.9.3 Products and Services
  14.9.4 Financial Overview
  14.9.5 SWOT Analysis
  14.9.6 Key Developments
14.10 Siemens AG
  14.10.1 Key Facts
  14.10.2 Business Description
  14.10.3 Products and Services
  14.10.4 Financial Overview
  14.10.5 SWOT Analysis
  14.10.6 Key Developments

15. APPENDIX

15.1 About Us
15.2 List of Abbreviations

List Of Tables

LIST OF TABLES
Table 1. North America Industrial Networking Solutions Market Segmentation
Table 2. List of Vendors
Table 3. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Table 4. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Component
Table 5. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Deployment
Table 6. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Connectivity
Table 7. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End-use Industry
Table 8. North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Country
Table 9. United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Component
Table 10. United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Deployment
Table 11. United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Connectivity
Table 12. United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End-use Industry
Table 13. Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Component
Table 14. Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Deployment
Table 15. Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Connectivity
Table 16. Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End-use Industry
Table 17. Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Component
Table 18. Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Deployment
Table 19. Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Connectivity
Table 20. Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End-use Industry
Table 21. List of Abbreviations

List Of Figures

LIST OF FIGURES
Figure 1. North America Industrial Networking Solutions Market Segmentation - Country
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America Industrial Networking Solutions Market Revenue (US$ Million), 2021-2031
Figure 5. North America Industrial Networking Solutions Market Share (%) - by Component (2023 and 2031)
Figure 6. Hardware: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 7. Software and Services: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 8. North America Industrial Networking Solutions Market Share (%) - by Deployment (2023 and 2031)
Figure 9. On-premise: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 10. Cloud: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 11. North America Industrial Networking Solutions Market Share (%) - by Connectivity (2023 and 2031)
Figure 12. Wired: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 13. Wireless: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 14. North America Industrial Networking Solutions Market Share (%) - by End-use Industry (2023 and 2031)
Figure 15. Automotive: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 16. BFSI: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 17. Manufacturing: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 18. Telecommunication: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 19. Logistics and Transportation: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 20. Others: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 21. North America Industrial Networking Solutions Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 22. United States: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 23. Canada: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 24. Mexico: North America Industrial Networking Solutions Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 25. Heat Map Analysis by Key Players
Figure 26. Company Positioning and Concentration