The pursuit of digital transformation strategies continues to drive an almost insatiable need to derive value from the data generated by assets, processes, and numerous other sources. Industrial Ethernet switches remain the wireline vehicle of choice for accessing and delivering this data from both new and legacy installations. Adoption of SPE and APL will ultimately drive this access further down to the field level and contribute to industrial Ethernet’s ongoing descent in the architecture, while TSN standardization promises to bring real-time determinism to standard Ethernet. At the same time, cybersecurity is now top of mind for most enterprises as operational networks increasingly become targets for cyberattacks. Increased emphasis on security has hastened the descent of IT technologies to the OT environment in terms of both the security mechanisms employed as well as reliance on centralized management.
"IT/OT convergence in the areas of centralized management and security is of much greater emphasis in the current Industrial Ethernet switch market relative to the edge-to-cloud integration or edge compute activity at the Industrial IoT thick edge. Cisco’s ascent to the lead IES market share position is indicative of both increased IT/OT convergence as well as the increasing role of managed networks in infrastructure applications," according to Chantal Polsonetti, Vice President and key author of ARC's Industrial Ethernet Switches Market Research Report.
Industrial Ethernet Switches Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- The industrial Ethernet switch market continues to be driven by its core infrastructure role in meeting escalating demands for data connectivity throughout the architecture
- SPE is likely to have more near-term impact than TSN
- Software and services, along with offerings that meet specific application requirements, are the current means of competitive differentiation relative to increasingly commoditized hardware
- Software and services, along with application-specific offerings, remain the path to differentiation, but automation suppliers in particular face a difficult challenge in migrating customers to this mindset
- IT/OT convergence in the areas of centralized management and security is of much greater emphasis in the current industrial Ethernet switch market relative to edge-to-cloud integration or edge compute
- Cybersecurity is no longer an afterthought and will be an integral component of the industrial network infrastructure market going forward
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, Phoenix Contact, Siemens.
About the Industrial Ethernet Switches Research
The Industrial Ethernet Switches report 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 modeling techniques. The research includes competitive analysis, plus five-year market forecasts and 2 years of historical analysis segmented by World Region, Industry, Revenue Category, Hardware by Switch Type, Average Selling Price by Switch Type, Managed Switches by Layer 3 Support, Managed Switches by IEEE 802 TSN Capable, Hardware Revenues by Form Factor, Hardware Revenues by Number of Ports per Device Managed
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 2 years of historical analysis.
- Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
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