Industrial Ethernet to Top $84.11 billion by 2030

Industrial Ethernet is projected to exceed $84 billion by 2030 as factories, utilities and other industrial users accelerate automation, Industry 4.0 and cybersecurity upgrades. Asia-Pacific is set to lead regional growth, while Siemens AG remained the top vendor in 2025 with a 4% share of global sales.

Why it matters: - Industrial Ethernet is becoming core infrastructure for connected factories and other industrial operations that need fast, deterministic communication. - The market’s growth reflects rising demand for automation, industrial Internet of Things systems and secure operational technology networks. - The segment is small relative to the broader telecom and IT markets, but it is growing faster than many adjacent technology categories.

What happened: - The Business Research Company projected the Industrial Ethernet market will reach $84.11 billion by 2030. - The market is forecast to grow at a 16% compound annual growth rate through 2030. - Asia-Pacific is expected to be the largest regional market by 2030 at $30 billion, up from $13 billion in 2025. - The USA is projected to be the largest country market by 2030 at $24 billion, up from $12 billion in 2025. - Siemens AG led global Industrial Ethernet sales in 2025 with a 4% share.

The details: - Industrial Ethernet will represent about 2% of the projected $3,914 billion telecom market in 2030. - Industrial Ethernet will represent nearly 1% of the projected $13,788 billion information technology market in 2030. - The hardware segment is expected to dominate the market in 2030 with 50% share, or $42 billion. - The market covers hardware, software and services. - Key protocol types include etherCAT, etherNet/IP, PROFINET, POWERLINK, SERCOS III and CC-link IE. - Major application areas include oil and gas, aerospace and defense, energy and power, electrical and electronics, automotive and transport, chemicals and other industrial uses. - The hardware market is forecast to grow by $22 billion between 2025 and 2030. - Software is forecast to grow by $13 billion over the same period. - Services are forecast to grow by $9 billion over the same period. - The top 10 companies held 22% of total revenue in 2025, pointing to a moderately fragmented market. - The market includes companies such as Cisco Systems, Schneider Electric, ABB, Rockwell Automation, Mitsubishi Electric, Omron, Honeywell, Beckhoff Automation and Bosch Rexroth. - The report also names component suppliers including Texas Instruments, Broadcom, Marvell, NXP, Infineon, STMicroelectronics and Analog Devices. - Distribution partners named in the report include WESCO, Sonepar, Rexel, RS Group, Arrow Electronics, Avnet, Future Electronics, DigiKey and Mouser Electronics. - End users listed in the report include Toyota, Volkswagen, Ford, General Motors, Exxon Mobil, Shell, Chevron, BASF, Dow, ArcelorMittal, Tata Steel, Siemens Energy, EDF, Duke Energy, Samsung Electronics and Intel. - The report includes market attractiveness scoring, TAM analysis, company scoring matrices, Excel forecasting dashboards, market hotspots infographics, and updated graphics and tables. - The report is available through the company’s detailed market report and a free sample request.

Between the lines: - The growth thesis rests on three shifts: more automation, more connected devices and a move away from legacy fieldbus systems. - The report says single-pair Ethernet and Time-Sensitive Networking are helping industrial users simplify networks and improve deterministic communication. - Cybersecurity is becoming a bigger buying criterion as operators harden operational technology networks against rising threats. - Westermo Network Technologies launched the SandCat series in February 2024, a five-port Fast Ethernet unmanaged industrial switch aimed at utilities, marine, manufacturing and energy users. - The product launch reflects broader demand for rugged, easy-to-deploy switching equipment that can expand network availability in distributed industrial settings.

What's next: - Industrial Ethernet adoption is expected to keep rising as factories, process plants and critical infrastructure modernize network architecture. - Vendors are likely to keep investing in Time-Sensitive Networking, edge computing, single-pair Ethernet and cybersecurity features. - Strategic partnerships and product upgrades will remain important as buyers seek interoperability, resilience and real-time performance. - The Business Research Company said its 2026 report updates include new graphics, tables and forecasting tools.

The bottom line: - Industrial Ethernet is moving from a niche industrial networking category to a central enabler of smart manufacturing, secure operations and real-time industrial data flow.