The Industrial Ethernet Switches market is experiencing a significant transition as growth slows in the near term while both the hardware and software aspects of the market continue to evolve. Sustainability and electrification initiatives, government investment, and the ongoing digital transformation of industries are primary drivers behind the ongoing escalation in the need for secure, reliable connectivity. Centralized management, security, reduced operational complexity, ability to meet industry and use case requirements, and the impact of pending technologies such as TSN, SPE, and APL are top of mind in the industry today. Industrial Ethernet Switches use packet switching to transmit data between devices on an Ethernet wireline network and are designed to meet industrial environmental requirements. The spectrum of IES functionality continues to broaden, with managed switches becoming more software-intensive while unmanaged switches take on incremental functionality in areas such as increasing bandwidth, PoE options, higher port densities, and incremental media types, including fiber and SPE.
"Software continues to assume increasing importance in the network infrastructure realm, including as a competitive differentiator. New offerings stress centralized management, visibility, and security policy implementation across network types, while newly upgraded network operating systems are increasing functional capabilities in areas such as security, monitoring, and diagnostics. Customers and solution partners increasingly recognize that security is integral to safe, reliable, and resilient industrial network installations. RFPs increasingly mandate security certifications such as IEC 62443 and many others,” according to Chantal Polsonetti Vice President of Research and key author of ARC's Industrial Ethernet Switches Market Research.
Industrial Ethernet Switches Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- SPE and APL impact delayed by adoption timelines, high initial costs, differing ecosystems
- The diminishing TSN value proposition
- Portfolio refreshes in the form of both new operating systems and software offerings
- Limited boost from AI applications
- Application software focused on management, visibility, security, and edge functionality
- Rising importance of software at both management layer and within the switch itself
- Ongoing convergence of networking and security
- Return to stable but lower growth after period of market gyrations due to extended supply chain disruption
Leading Suppliers to the Industrial Ethernet Switches Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Belden, Cisco, Moxa, Rockwell Automation, Siemens.
About the Industrial Ethernet Switches Research
The Industrial Ethernet Switches research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The research segmentation includes Industry, World Region, Revenue Category, Hardware by Switch Type, Managed Switches by Layer 3 Support, Overall Scope.
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