Global Industrial Communication Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Components, Software and Services.

By Communication Protocol;

Fieldbus, Industrial Ethernet and Wireless.

By End-Use Application;

Automotive & Transportation, Electrical & Electronics, Aerospace & Defense, Oil & Gas, Water & Wastewater, Food & Beverages, Pharmaceutical, Energy & Power, Mining, Chemicals & Fertilizers and Engineering/Fabrication.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn559526145 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Industrial Communication Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Communication Market was valued at USD 21,719.45 million. The size of this market is expected to increase to USD 36,268.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The Global Industrial Communication Market encompasses the diverse array of technologies and solutions used to facilitate reliable and efficient communication within industrial environments. Industrial communication systems are integral to the operation of manufacturing plants, process industries, utilities, transportation networks, and other critical infrastructure sectors. These systems enable real-time data exchange, remote monitoring and control, machine-to-machine communication (M2M), and seamless integration of industrial automation equipment and processes.

Key components of industrial communication systems include wired and wireless communication protocols, industrial Ethernet networks, fieldbus technologies, and wireless sensor networks (WSNs). These technologies form the backbone of Industrial Internet of Things (IIoT) ecosystems, enabling the connectivity and interoperability of sensors, actuators, programmable logic controllers (PLCs), and other industrial devices. Industrial communication solutions are designed to meet the stringent requirements of reliability, determinism, low latency, and scalability demanded by industrial applications, ensuring continuous operation and high availability in harsh and dynamic environments.

The adoption of industrial communication technologies is driven by the need for enhanced operational efficiency, productivity gains, and predictive maintenance capabilities across industries. In manufacturing, industrial communication systems facilitate flexible production processes, real-time monitoring of equipment performance, and data-driven decision-making. They enable seamless integration of production lines, quality control systems, and enterprise resource planning (ERP) software, optimizing manufacturing operations and reducing downtime. Similarly, in sectors like utilities and transportation, industrial communication solutions support grid management, smart metering, predictive maintenance of infrastructure assets, and efficient logistics operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Communication Protocol
    3. Market Snapshot, By End-Use Application
    4. Market Snapshot, By Region
  4. Global Industrial Communication Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. IIoT Integration
        2. Real-time Analytics
        3. Remote Monitoring
      2. Restraints
        1. Interoperability challenges
        2. Security concerns
        3. High implementation costs
      3. Opportunities
        1. 5G Adoption
        2. Cybersecurity Solutions
        3. Edge Computing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Industrial Communication Market, By Offering, 2021 - 2031 (USD Million)
      1. Components
      2. Software
      3. Services
    2. Global Industrial Communication Market, By Communication Protocol, 2021 - 2031 (USD Million)
      1. Fieldbus
      2. Industrial Ethernet
      3. Wireless
    3. Global Industrial Communication Market, By End-Use Application, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Electrical & Electronics
      3. Aerospace & Defense
      4. Oil & Gas
      5. Water & Wastewater
      6. Food & Beverages
      7. Pharmaceutical
      8. Energy & Power
      9. Mining
      10. Chemicals & Fertilizers
      11. Engineering/Fabrication
    4. Global Industrial Communication Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cisco Systems, Inc.
      2. Siemens
      3. Rockwell Automation
      4. OMRON Corporation
      5. Moxa Inc.
      6. Huawei Technologies Co., Ltd.
      7. SICK AG
      8. Schneider Electric
      9. ABB
      10. Belden Inc.
      11. GE
      12. Advantech Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market