Industrial Connectivity Market Report 2026

The industrial connectivity market size has grown strongly in recent years. It will grow from $55.76 billion in 2025 to $59.73 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to growth of smart manufacturing initiatives, increasing adoption of industrial automation, rising demand for low-latency connectivity, expansion of wired and wireless industrial networks, early adoption of industrial Ethernet and fieldbus systems.

The industrial connectivity market size is expected to see strong growth in the next few years. It will grow to $79.49 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to integration of ai and predictive analytics in connectivity, increasing deployment of industrial 5g networks, growth in cloud-based industrial network management, rising demand for cybersecurity in industrial networks, expansion of managed connectivity and optimization services. Major trends in the forecast period include real-time data transmission and monitoring, secure remote connectivity, industrial network management, machine-to-machine communication services, network design and integration services.

The increasing demand for real-time industrial data visibility is expected to propel the growth of the industrial connectivity market going forward. Real-time industrial data visibility refers to the ability to continuously capture, monitor, and analyze data generated from industrial operations as it occurs, enabling faster decision-making and proactive management across industrial and supply chain activities. The rise in demand for real-time industrial data visibility is driven by the growing need for faster, more accurate, and data-driven decisions within industrial environments. Industrial connectivity enhances real-time industrial data visibility by enabling seamless and continuous data exchange between machines, sensors, and software platforms. For instance, in March 2024, according to Tive, Inc., a US-based supply chain visibility and logistics technology platform, 53% of respondents used IoT devices for real-time shipment tracking, more than doubling from 25% in 2023. Therefore, the increasing demand for real-time industrial data visibility is driving the growth of the industrial connectivity market.

Key companies operating in the industrial connectivity market are prioritizing the delivery of unified IoT connectivity solutions to ensure reliable, continuous communication across industrial environments, including remote and hard-to-access locations. Unified IoT connectivity solutions combine terrestrial and non-terrestrial networks, enabling industrial devices to maintain uninterrupted data transmission for applications such as asset tracking, remote monitoring, and industrial automation. For example, in October 2025, Semtech Corporation, a US-based semiconductor and Internet of Things (IoT) solutions provider, partnered with Skylo Technologies, Inc., a US-based satellite connectivity provider, to introduce a single-vendor device-to-cloud cellular and satellite IoT solution. The solution provides an end-to-end industrial connectivity system from a single provider, allowing devices to automatically switch between cellular and satellite networks to ensure continuous data transmission. It also includes a unified management platform and smart SIM solution, enabling industrial enterprises to monitor, manage, and bill connected devices through a single dashboard, thereby improving operational efficiency and connectivity reliability across diverse industrial use cases.

In September 2025, SJE, Inc., a US-based company specializing in control systems and industrial equipment solutions, acquired AMI Global, LLC from Cimbria Capital for an undisclosed amount. Through this acquisition, SJE aims to enhance its industrial Internet of Things (IIoT) and cloud-connected solutions portfolio by integrating AMI Global’s expertise in remote connectivity, monitoring, and cloud-based management of industrial equipment. AMI Global, LLC is a US-based company focused on IIoT technologies, including hardware, software, and cloud services for monitoring and connecting industrial devices.

Major companies operating in the industrial connectivity market are Google LLC, Microsoft Corporation, Verizon Business Network Services Inc, Siemens Aktiengesellschaft, International Business Machines Corporation, Cisco Systems Inc, Intel Corporation, Orange SA, Telefonica SA, Schneider Electric SE, Qualcomm Technologies Inc, Honeywell International Inc, ABB Ltd, Rockwell Automation Inc, Belden Inc., PTC Inc., Advantech Co Ltd, Digi International Inc, Moxa Inc, and Inductive Automation LLC.

Tariffs have influenced the industrial connectivity market by raising costs for imported industrial hardware, network equipment, and software platforms. The impact is most significant on industrial Ethernet switches, wireless access points, and connectivity modules, particularly affecting Asia-Pacific and European manufacturing hubs. Positive effects include increased focus on local manufacturing and sourcing, promoting regional suppliers and driving innovation in network optimization and integration services.

Industrial connectivity refers to the communication infrastructure that enables seamless data exchange between machines, sensors, control systems, and software within industrial environments. It uses wired and wireless networks to support real-time monitoring, automation, and control of industrial processes. It helps to ensure reliable, secure, and low-latency connectivity that improves operational efficiency, enables smart manufacturing, and supports industrial digital transformation.

The primary components of industrial connectivity include hardware, software, and services. Hardware refers to physical devices and equipment that enable secure and reliable communication across industrial networks, supporting data transfer, monitoring, and automation. These solutions utilize technologies such as industrial ethernet, fieldbus communication, cellular connectivity, low power wide area networks, and industrial wireless local area networks. They support connectivity through wired and wireless modes and can be deployed on-premises or through cloud-based platforms. End users include aerospace and defense companies, automotive manufacturers, chemical industries, energy and utilities organizations, food and beverage producers, healthcare providers, manufacturing firms, mining and metal industries, oil and gas companies, transportation sectors, and other industrial connectivity end users.

The industrial connectivity market consists of revenues earned by entities by providing services such as industrial network design and integration, machine-to-machine communication services, real-time data transmission and monitoring, industrial network management, and secure remote connectivity services. The market value includes the value of related goods sold by the service provider or included within the service offering. The industrial connectivity market also includes sales of industrial Ethernet switches, wireless access points, industrial gateways, connectivity modules, and network management software platforms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, system integrators, distributors, and service providers) or directly to end users. The value of goods in this market includes related services sold by the creators of the goods, such as installation, configuration, maintenance, and network optimization services.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The industrial connectivity market research report is one of a series of new reports that provides industrial connectivity market statistics, including industrial connectivity industry global market size, regional shares, competitors with a industrial connectivity market share, detailed industrial connectivity market segments, market trends and opportunities, and any further data you may need to thrive in the industrial connectivity industry. This industrial connectivity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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