Boston, MA -- (SBWIRE) -- 02/07/2017 -- Managed industrial Ethernet switches are increasing their presence in the industrial communication market due to their network prioritization capabilities and due to the increase in the highly critical process applications. The functionality of an Ethernet switch is defined by IEEE 802.1D, which describes the architecture and the set of functions distributed throughout this architecture. In addition to the handling of user data communication, these switches also provide a set of network management-related functionality.

Technavio's analysts forecast the global managed industrial ethernet switches market to grow at a CAGR of 11.39% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global managed industrial ethernet switches market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of managed switches in process and discrete industries.

Get More Details on this Report and a Full Table of Contents at Global Managed Industrial Ethernet Switches Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Managed Industrial Ethernet Switches Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Siemens
-Schneider Electric
-Rockwell Automation
-Beckhoff Automation
-Cisco

Other prominent vendors

-Belden
-B&R Automation
-Eaton
-Endress+Hauser
-Parker Hannifin
-ABB
-Bosch Rexroth
-GE
-Honeywell International
-IDEC
-Hitachi
-OMRON

Market driver

-Increasing preference for managed switches in IIoT solutions.
-For a full, detailed list, view our report

Market challenge

-Issues involved in power saving mode in managed switches.
-For a full, detailed list, view our report

Market trend

-Introduction of cyber-secure managed industrial Ethernet switches.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Siemens, Schneider Electric, Rockwell Automation, Beckhoff Automation, Cisco, Belden, B&R Automation, Eaton, Endress+Hauser, Parker Hannifin, ABB, Bosch Rexroth, GE, Honeywell International, IDEC, Hitachi,, OMRON

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