Exploring the Global Industrial Ethernet Market: Key Insights by Offering, Protocol, and End-Use
The Global Industrial Ethernet Market Size is expected to reach USD 18.59 Billion by 2030, at a CAGR of 7.4% during the forecast period 2022 to 2030. Rising adoption of industrial automation and industrial IoT as well as increasing technological advancement of network infrastructure are driving the demand for the industrial ethernet market. Furthermore, the widespread adoption of Industry 4.0 in developing markets is a key driver of market revenue growth