Industrial Routers Market Remarkably Focusing on Top Market
Drivers and Trends
Industrial Routers Market study provides key insights about market
drivers, restraints, opportunities, new product launches or approval,
regional outlook, and competitive strategies adopted by the leading
players.
Global industrial routers market was valued at US$ 861.7 million in 2017 and is projected to
reach US$ 1,689.6 million by 2025, according to a new market research report Global Industrial
Routers Market Report, by Product Type (Wired & Wireless), by End Users (Railways, Oil &
Gas, Maritime & Offshore, Water & Wastewater Treatment, Road Infrastructure, Energy,
Manufacturing & Processing Industry, and Others) and by Geography.
Integration of IoT technology in various sectors such as manufacturing, aids in analysis of real-
time data and autonomous decision-making, in turn increasing overall productivity. Therefore,
increasing adoption of IoT is one of the major factor driving growth of the industrial routers
market. For instance, according to Coherent Market Insights, in 2016, around 2,418.7 million
units of IoT devices were deployed across businesses and it is projected to reach to around
7,552.4 million units by 2020. Hence, increasing adoption of internet connected devices in
various industries have accelerated demand for industrial routers worldwide.