Industrial Communication Market worth $26.06 billion by 2030 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., May 16, 2025 /PRNewswire/ -- The global industrial communication market size will reach USD 26.06 billion by 2030 from USD 20.45 billion in 2025 at a CAGR of 5.0% between 2025 and 2030 according to a new report by MarketsandMarkets™. The major factors driving the industrial communication market are the rising deployment of 5G technology in the automotive, construction, and manufacturing sectors. The rising adoption of machine-to-machine communication to optimize industrial efficiency and automation technologies, the integration of smart grid technologies in the energy sector, and the surging adoption of Industry 4.0 to optimize industrial efficiency and automation technologies further drive the market. Financial incentives have been introduced to integrate PLCs and SCADA into manufacturing sectors. These factors, along with the accelerating adoption of wireless networks across industrial sectors and the convergence of industrial AI and digital twin technology, are expected to create lucrative opportunities for market players.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=146536397

Browse in-depth TOC on "Industrial Communication Market" 
233 – Tables
69 – Figures
363 – Pages

Industrial Communication Market Report Scope:

PROFIBUS segment is projected to dominate the industrial communication market during the forecast period.

Based on Fieldbus protocol type, the PROFIBUS segment is expected to dominate the market during the forecast period due to its widespread use and continued reliability in the industrial communication market, particularly in the field of process and discrete manufacturing. Its reliability and interoperability with a wide spectrum of industrial devices and its real-time communication capabilities make it a first choice for existing and upcoming automation projects. PROFIBUS DP, in particular, is extensively used for fast data exchange at the device level. At the same time, PROFIBUS PA caters to process industries by enabling power and data transmission over a single cable, simplifying installation in hazardous environments. Availability of compatible hardware, strong vendor support, and simplification to be integrated with other protocols, such as PROFINET, continues to strengthen its dominance as industries adopt modern Ethernet technologies.

Pharmaceuticals & medical devices segment is expected to record the highest CAGR from 2025 to 2030.

The pharmaceuticals & medical devices segment is expected to have the highest growth rate during the projected period. One of the key drivers of this trend is the increasing adoption of automation, real-time data monitoring, and compliance with regulatory requirements industry-wide. The need for robust and secure communication networks increases as automation expands in these facilities to facilitate seamless interaction between machines, systems, and data systems. Pharmaceutical manufacturing has a strong focus on precision, error-free processes, and strict quality requirements, highlighting the importance of advanced communication solutions.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=146536397

China is likely to dominate the global industrial communication market during the forecast period.

China is likely to dominate the global industrial communication industry during the forecast period, fueled by its mature manufacturing infrastructure and increasing roll-out of industrial automation technologies. The country has been a world center for mass production for decades, and investments in modernizing factory operations with state-of-the-art communication infrastructure keep reinforcing its leadership position. Strategic efforts to increase productivity and the extensive use of smart technologies in industries such as electronics, automotive, and heavy machinery help drive this dominance. Additionally, robust government support and the availability of many domestic technology suppliers facilitate quicker adoption of industrial communication solutions at scale.

Key Players

Key companies operating in the industrial communication companies include Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), ABB (Switzerland), and Schneider Electric (France).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=146536397

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Industrial Control & Factory Automation Market by Technology (SCADA, DCS, HMI, MES, PAM, WMS, Industrial Robotics, 3D Printing, CNC Controller, Process Analyzer, Flow meter, Communication, Predictive Maintenance, Machine Safety) - Global Forecast to 2029

Smart Factory Market Size, Share, Industry Growth & Trends by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, Manufacturing Execution System, Industrial Safety, PAM), Industry and Region - Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/industrial-communication-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/industrial-communication.asp

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/industrial-communication-market-worth-26-06-billion-by-2030---exclusive-report-by-marketsandmarkets-302457506.html

SOURCE MarketsandMarkets