Ethernet is used for Voice over Internet Protocol (VoIP) applications in telecom, for robotics and other automation applications in industrial and manufacturing as well as for safety-critical applications in avionics.
Factors such as flexibility and high-speed performance, implementation of IIoT, and increased penetration of ethernet networks in process industries are driving the market growth. However, need for high network security, difficulty in transferring old systems to a new protocol and rigid standardization of protocols are restraining the market growth.

Market Analysis and Insights: Global Industrial Ethernet/IP Market
The global Industrial Ethernet/IP market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Industrial Ethernet/IP market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Industrial Ethernet/IP market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Industrial Ethernet/IP market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Industrial Ethernet/IP market.

Global Industrial Ethernet/IP Scope and Market Size
Industrial Ethernet/IP market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Industrial Ethernet/IP market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Factory Automation
Supervisory Control

Segment by Application
Discrete Industries
Process Industries

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Beckhoff
HMS
Moxa
Rockwell Automation
RTA