Middle East & Africa Industrial Networking Solution Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The industrial networking solution market in the Middle East and Africa is projected to grow significantly, reaching approximately US$ 5,145.20 million by 2031, up from US$ 1,424.93 million in 2023. This growth represents a compound annual growth rate (CAGR) of 17.4% from 2023 to 2031.

Executive Summary and Market Analysis

The Middle East is characterized by a highly dynamic online environment, driven by a burgeoning economy and rapid digitization. However, this growth has also attracted malicious actors, leading to increased vulnerabilities in information security across the region. Cyber threats, particularly ransomware attacks, have surged, with operational technology (OT) systems becoming prime targets. These attacks can result in severe disruptions to operations, production tools, and overall output, prompting a heightened demand for industrial networking solutions.

Recent incidents underscore the urgency of this issue. For example, in December 2023, telecom organizations in Africa were targeted by hackers linked to Iran, and in June 2022, a major Iranian steel company was forced to halt production due to a cyberattack. A report by Group-IB highlighted that the UAE (33%), Saudi Arabia (29%), and Kuwait (21%) were the most frequently targeted nations in the Persian Gulf region. In 2023 alone, there were 152 new instances of data breaches in the Middle East and Africa, further emphasizing the need for robust industrial networking solutions to combat these threats.

Market Segmentation Analysis

The industrial networking solution market is segmented by components, deployment methods, connectivity types, and end-use industries:

Components: The market is divided into hardware, software, and services, with hardware holding the largest market share in 2023.
Deployment: Solutions are categorized into on-premise and cloud deployments, with on-premise solutions dominating the market.
Connectivity: The market is split between wired and wireless connectivity, where wired solutions have a larger share.
End-Use Industries: Key sectors include automotive, banking, financial services, insurance (BFSI), manufacturing, telecommunications, logistics, and transportation, with manufacturing leading the market in 2023.

Market Outlook

The integration of Industrial Internet of Things (IIoT) devices and sensors is significantly influencing the industrial networking solutions market. This integration necessitates advanced networking technologies that can support the connectivity and data exchange needs of IIoT devices. As industries increasingly adopt IIoT, there is a growing demand for enhanced cybersecurity measures, efficient cloud computing, reliable edge computing infrastructure, and seamless mobile technology integration.

In response to these trends, companies like RS Components have partnered with HMS Networks to broaden their product offerings, aiming to meet the evolving demands of the industrial sector. This collaboration focuses on providing a comprehensive suite of networking solutions that facilitate the integration of IIoT devices and sensors, thereby creating a more efficient networking ecosystem.

Country Insights

The industrial networking solution market in the Middle East and Africa includes key countries such as Saudi Arabia, the UAE, South Africa, and others. Saudi Arabia is currently the largest market player in the region. The country is experiencing rapid growth in the Industrial IoT sector, with a focus on developing cloud-based solutions that enhance security and operational intelligence across various sectors, including government, enterprise, transport, and community services.

The COVID-19 pandemic has prompted Saudi manufacturing industries to reassess traditional production methods, leading to a shift towards smart manufacturing practices. This transition has positively impacted the demand for factory automation and industrial control systems. With increasing government investments in new technologies, Saudi Arabia is poised to remain a leader in the MEA industrial networking solutions market.

Company Profiles

Key players in the industrial networking solution market include ABB Ltd, Belden Inc, Cisco Systems Inc, Hewlett Packard Enterprise Development LP, Huawei Technologies Co Ltd, Moxa Inc., Nokia Corp, Rockwell Automation Inc, Semtech Corp, and Siemens AG. These companies are employing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their product offerings and increase market share.

Product Code: BMIRE00032117

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. Middle East & Africa Industrial Networking Solutions Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Hardware and Software Providers
- 4.2.2 Services and Hardware Integrators
- 4.2.3 End Users
4.3 List of Vendors in the Value Chain

5. Middle East & Africa Industrial Networking Solutions Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Adoption of Wireless Technologies
- 5.1.2 Rising Need for Predictive Maintenance
5.2 Market Restraints
- 5.2.1 High Initial Cost of Industrial Networking Solutions
5.3 Market Opportunities
- 5.3.1 Integration of Industrial Internet of Things
- 5.3.2 Emergence of Industry 4.0
5.4 Trends
- 5.4.1 Increasing Demand for SD-WAN Solution
5.5 Impact of Drivers and Restraints:

6. Industrial Networking Solutions Market - Middle East & Africa Analysis

6.1 Middle East & Africa Industrial Networking Solutions Market Revenue (US$ Million), 2021-2031
6.2 Middle East & Africa Industrial Networking Solutions Market Forecast Analysis

7. Middle East & Africa Industrial Networking Solutions Market Analysis - by Component

7.1 Hardware
- 7.1.1 Overview
- 7.1.2 Hardware: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Software and Services
- 7.2.1 Overview
- 7.2.2 Software and Services: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Middle East & Africa Industrial Networking Solutions Market Analysis - by Deployment

8.1 On-premise
- 8.1.1 Overview
- 8.1.2 On-premise: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Cloud
- 8.2.1 Overview
- 8.2.2 Cloud: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Middle East & Africa Industrial Networking Solutions Market Analysis - by Connectivity

9.1 Wired
- 9.1.1 Overview
- 9.1.2 Wired: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Wireless
- 9.2.1 Overview
- 9.2.2 Wireless: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Middle East & Africa Industrial Networking Solutions Market Analysis - by End-use Industry

10.1 Automotive
- 10.1.1 Overview
- 10.1.2 Automotive: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 BFSI
- 10.2.1 Overview
- 10.2.2 BFSI: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Manufacturing
- 10.3.1 Overview
- 10.3.2 Manufacturing: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Telecommunication
- 10.4.1 Overview
- 10.4.2 Telecommunication: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Logistics and Transportation
- 10.5.1 Overview
- 10.5.2 Logistics and Transportation: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Others
- 10.6.1 Overview
- 10.6.2 Others: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. Middle East & Africa Industrial Networking Solutions Market - Country Analysis

11.1 Middle East & Africa
- 11.1.1 Middle East and Africa Industrial Networking Solutions Market Overview
- 11.1.2 Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.1 Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.2 Saudi Arabia: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.2.1 Saudi Arabia: Middle East & Africa Industrial Networking Solutions Market Share - by Component
    - 11.1.2.2.2 Saudi Arabia: Middle East & Africa Industrial Networking Solutions Market Share - by Deployment
    - 11.1.2.2.3 Saudi Arabia: Middle East & Africa Industrial Networking Solutions Market Share - by Connectivity
    - 11.1.2.2.4 Saudi Arabia: Middle East & Africa Industrial Networking Solutions Market Share - by End-use Industry
  - 11.1.2.3 United Arab Emirates: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.3.1 United Arab Emirates: Middle East & Africa Industrial Networking Solutions Market Share - by Component
    - 11.1.2.3.2 United Arab Emirates: Middle East & Africa Industrial Networking Solutions Market Share - by Deployment
    - 11.1.2.3.3 United Arab Emirates: Middle East & Africa Industrial Networking Solutions Market Share - by Connectivity
    - 11.1.2.3.4 United Arab Emirates: Middle East & Africa Industrial Networking Solutions Market Share - by End-use Industry
  - 11.1.2.4 South Africa: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.4.1 South Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Component
    - 11.1.2.4.2 South Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Deployment
    - 11.1.2.4.3 South Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Connectivity
    - 11.1.2.4.4 South Africa: Middle East & Africa Industrial Networking Solutions Market Share - by End-use Industry
  - 11.1.2.5 Rest of Middle East & Africa: Middle East & Africa Industrial Networking Solutions Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.5.1 Rest of Middle East & Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Component
    - 11.1.2.5.2 Rest of Middle East & Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Deployment
    - 11.1.2.5.3 Rest of Middle East & Africa: Middle East & Africa Industrial Networking Solutions Market Share - by Connectivity
    - 11.1.2.5.4 Rest of Middle East & Africa: Middle East & Africa Industrial Networking Solutions Market Share - by End-use Industry

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Partnerships and Collaborations
13.4 Other Developments

14. Company Profiles

14.1 Huawei Technologies Co Ltd
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 ABB Ltd
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Belden Inc
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Cisco Systems Inc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Hewlett Packard Enterprise Development LP
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Moxa Inc.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Nokia Corp
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Rockwell Automation Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Semtech Corp
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Siemens AG
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 About Us
15.2 List of Abbreviations