London, 13 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Industrial Wireline Networking Market 2014-2018, which is expected to grow at a CAGR of 25.02 percent during the period 2013-2018.
Wireline networking is one of the easiest and most reliable ways to meet an industry’s networking requirements as it offers a comprehensive broadband solution, which optimizes networking over existing power, coaxial cables, phone lines, and other wiring. The Automotive, Electric Power, Food and Beverages, and Water Utilities industries are the major end-users in the market.
Key Market Drivers
- Need to Reduce Cost of Network Management
- Growing Network Traffic
- Improvement of Visibility into Manufacturing Data
- Necessity to Replace Old Network Equipment
Key Market Trends
- Convergence of Wireline and Wireless Access Networks
- Integration of Fieldbus System
- Increased Adoption in the APAC Region
Key Vendors
- Alcatel-Lucent SA
- Cisco Systems Inc.
- Huawei Technology Co. Ltd.
“The rapid adoption of fiber optics by broadband service providers has increased the demand for advanced network equipment that is capable of handling data from both wireless and wireline networks,” says Faisal Ghaus, Vice President of TechNavio.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
