Middle East & Africa Industrial Wireline Networking Market Size & Outlook
The industrial wireline networking market in Middle East & Africa is expected to reach a projected revenue of US$ 930.8 million by 2030. A compound annual growth rate of 10.9% is expected of Middle East & Africa industrial wireline networking market from 2024 to 2030.
Revenue, 2023 (US$M)
$450.1
Forecast, 2030 (US$M)
$930.8
CAGR, 2024 - 2030
10.9%
Report Coverage
Middle East & Africa
Related Markets
MEA industrial wireline networking market highlights
- The MEA industrial wireline networking market generated a revenue of USD 450.1 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, industrial ethernet was the largest revenue generating application in 2023.
- Industrial Ethernet is the most lucrative application segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 450.1 million |
| Market revenue in 2030 | USD 930.8 million |
| Growth rate | 10.9% (CAGR from 2024 to 2030) |
| Largest segment | Industrial ethernet |
| Fastest growing segment | Industrial Ethernet |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial Ethernet |
| Key market players worldwide | BCE Inc (Bell Canada Enterprises), Hitachi Energy, Huawei Technologies, L&T Infotech, Viavi Solutions Inc, Amphenol, Intel Corp, Siemens AG, Broadcom Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.9% of the global industrial wireline networking market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,989.0 million by 2030.
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Industrial Wireline Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| L&T Infotech | View profile | 10001+ | Edison, New Jersey, United States, North America | https://www.lntinfotech.com |
| Amphenol | View profile | 10001+ | Wallingford, Connecticut, United States, North America | http://www.amphenol.com |
| BCE Inc (Bell Canada Enterprises) | View profile | 10001+ | Toronto, Ontario, Canada, North America | http://www.bce.ca |
| Viavi Solutions Inc | View profile | 3600 | 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, United States, 85286 | https://www.viavisolutions.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
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