Industrial Ethernet Market Worth 59.20 Billion USD by 2022
According to the new market research report "Industrial Ethernet Market by Offering (Hardware, Software, and Services), Protocol (EtherNet/IP, PROFINET, Modbus TCP, POWERLINK, CC-Link IE, EtherCAT, and Sercos III), End-User Industry, and Geography - Global Forecast to 2022", the industrial Ethernet market is expected to grow at a CAGR of 16.8% between 2016 and 2022, from USD 19.43 billion in 2015 to USD 59.20 billion by 2022. The industrial Ethernet market has a huge potential across electronics and automotive applications. The...
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