What is Industrial Remote Access?
Industrial remote access connects machines instantly, anywhere, and at any time. Users can respond quickly to operational issues, reduce facility downtime, and save time and money on travel. Remote access is critical for increased productivity and uptime. Industrial Many machine builders, plants, and facilities are requiring remote access to local programmable logic controllers (PLCs), human machine interfaces (HMIs), and other automation system components. Despite the fact that many industrial networks were previously configured with a router but no virtual private network (VPN). Although a VPN is an important component of a defense-in-depth strategy, implementing remote and secure connectivity to local components poses technical, financial, and resource allocation challenges.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Siemens (Germany), Omron (Japan), Honeywell (United States), Cisco Systems (United States), Weidmüller Interface GmbH & Co. KG (Germany), Rockwell Automation (United States), Zscaler (United States), Molex (United States), Fortinet (United States) and Moxa Technologies (Taiwan) |
CAGR | 13.0% |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Conveyor Systems, Food and Beverage Production Lines, Machine Builders, Robotics, Line Manufacturer, System Integrator and Others) and major geographies. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Industrial Remote Access market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Industrial Remote Access market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Siemens (Germany), Omron (Japan), Honeywell (United States), Cisco Systems (United States), Weidmüller Interface GmbH & Co. KG (Germany), Rockwell Automation (United States), Zscaler (United States), Molex (United States), Fortinet (United States) and Moxa Technologies (Taiwan).
Market Overview:
In November 2021, Access Partnership, the global technology public policy firm, announced today it has integrated AlphaBeta, a Singapore-based strategy and economics consultancy that advises governments, businesses and investors on optimising economic growth. The combination creates a unified service offering to develop and implement tech-lead solutions that improve society.
The demand for Industrial Remote Access is increasing. The industry is segmented, but it is predicted to grow as rise in cybercrime and advent of 5G networks, among other factors, drive the market forward. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position.
Influencing Trend:
Rising Adoption of IoT in Industrial Sector and Emergence of 5G and Wi-Fi 6 Networks
Market Growth Drivers:
Rising Cyber Security Threats and Increased Adoption of Cloud-Based Technologies
Challenges:
Complex Portability Issues Because of the Developing Number of OS and Compliance with Stringent Government Rules and Guidelines
Restraints:
High Operating Costs
Opportunities:
Rising Opportunities in Emerging Economies
Key highlights of the Global Industrial Remote Access market Study:
CAGR of the market during the forecast period 2023-2030
In-depth information on growth factors that will accelerate the Industrial Remote Access market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Industrial Remote Access market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Industrial Remote Access Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Industrial Remote Access market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Industrial Remote Access market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Software Suppliers and Distributors and End-use industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.