|By Business Wire||
|August 29, 2014 06:21 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/89hz59/global_industrial) has announced the addition of the "Global Industrial Wireline Networking Market 2014-2018" report to their offering.
The Global Industrial Wireline Networking market to grow at a CAGR of 25.02% over the period 2013-2018.
Industrial networking refers to the ability to perform networking functions in an industrial facility. Industrial networking comprises of both wireline and wireless network infrastructure. 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. Ethernet is the most widely used form of industrial network connectivity, followed by Fieldbus technology; the demand for Fieldbus technology is expected to increase at a rapid rate in the near future.
The convergence of wireline and wireless access networks is one of the major trends emerging in the market. 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.
According to the report, the need to reduce the cost of network management is one of the major drivers in the market. Growing network infrastructure in organizations increases the cost of its maintenance and repair resulting in the adoption of Ethernet devices to help reduce maintenance costs.
Further, the report states that compatibility issues with wireline networking equipment are one of the major challenges that this market faces. Increased sharing of network resources by wireline and wireless connections requires a proper translation of data without loss. The usage of different network protocols creates compatibility issues in data integrity.
The Global Industrial Wireline Networking market can be segmented into three:
- Interconnect Products
- Networking Components
- Network Management Software
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the Key Market Trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Cisco Systems
Other Prominent Vendors
- Juniper Networks
- Nortel Networks
For more information visit http://www.researchandmarkets.com/research/89hz59/global_industrial