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)
$930.8
CAGR, 2024 - 2030
10.9%
Report Coverage
Middle East & Africa
Middle East & Africa industrial wireline networking market, 2018-2030 (US$M)
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 2023 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 Scope
Industrial wireline networking market segmentation & scope
Deployment
On-premise
Cloud
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
South Korea
Australia
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Industrial Wireline Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa industrial wireline networking market
Related regional statistics
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