Industrial Ethernet Switch in PIS Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
However, as we move into the forecast period from 2023 to 2033, the demand for Industrial Ethernet Switches in the PIS market is expected to grow even more robustly. This surge is attributed to several factors, such as the continued expansion of industrial automation, the increasing need for network security, and the demand for higher bandwidth to support new technologies like 5G and AI-driven systems. Furthermore, the integration of advanced technologies, including edge computing and machine learning, will drive the need for faster and more reliable data transmission in industrial settings, fueling the growth of the IES market.
The transition from traditional network infrastructure to more advanced industrial Ethernet systems is a major factor influencing the market's growth. Over the past few years, the demand for Ethernet switches in critical infrastructures such as smart grids, oil and gas facilities, and manufacturing plants has surged. With the continued implementation of digital technologies across industries, Ethernet switches will play a pivotal role in ensuring efficient and secure data flow between machines, control systems, and sensors.
The key drivers of the Industrial Ethernet Switch in PIS market in the coming decade include a greater focus on reducing downtime, improving system efficiency, and the increasing adoption of cloud computing technologies. Additionally, advancements in technology such as increased port density, PoE (Power over Ethernet), and greater network reliability will further fuel the demand for Ethernet switches. Furthermore, the need for enhanced cybersecurity in industrial networks will drive innovations in Ethernet switches to provide better protection against cyber threats.
Get an In-Depth Research Analysis of the Global Industrial Ethernet Switch in PIS Market Size And Forecast [2025-2032]
The Industrial Ethernet Switch (IES) in the Process Industry Systems (PIS) market has witnessed significant growth from 2018 to 2022. During this period, the demand for these switches was driven by the increasing automation and digitization of industries, particularly in manufacturing, energy, and transportation. With the rise of IoT and smart factory technologies, Ethernet switches became essential for facilitating fast, reliable, and secure communication between various devices and sensors within industrial networks. The shift towards Industry 4.0 also contributed to the heightened demand, as companies sought to optimize their operations and improve overall system efficiency.
Cisco
Brocade
Juniper
IBM
Alcatel-Lucent
Check Point
Siemens
HP
Microsoft
Aruba
ORing Industrial
Huawei
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Industrial Ethernet Switch in PIS Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Ethernet Switch in PIS Market
Subway
Rail
Based on Types the Market is categorized into Below types that held the largest Industrial Ethernet Switch in PIS market share In 2023.
Software
Hardware
Services
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Industrial Ethernet Switch in PIS Market Research Analysis
1. Introduction of the Global Industrial Ethernet Switch in PIS Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Ethernet Switch in PIS Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Ethernet Switch in PIS Market, By Type
6. Global Industrial Ethernet Switch in PIS Market, By Application
7. Global Industrial Ethernet Switch in PIS Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Industrial Ethernet Switch in PIS Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/