4th April 2023
Industrial cellular routers are used to provide reliable and secure connectivity for industrial applications in remote and harsh environments. These routers are designed to work with cellular networks, allowing them to connect to the internet without the need for a wired connection. Industrial cellular routers can be used to provide reliable and secure connectivity for public safety applications, such as emergency response vehicles and communication systems. This ensures that critical communication systems are always available, even in remote or disaster-stricken areas. The major attributes such as real-time evaluation & regulation, and secure connectivity of this cellular router made a revolution hit in the industrial sector.
As large-scale industries begin to adapt to the IoT part of the Industry 4.0 revolution that generated the need for reliable and secure connectivity in industrial applications. Industrial cellular routers provide a cost-effective and efficient way to connect IoT devices and sensors to the internet. On the other hand, the transportation and logistics industries require mobility and flexibility in their operations which enable reliable and secure connectivity for mobile assets, such as vehicles and vessels. Furthermore, in the case of oil and gas utility industries have equipment and assets in remote and harsh environments that require real-time monitoring and management which is supported by this cellular router that constitutes secure and reliable connectivity to these assets, allowing for remote access and control. All these functionalities of Industrial cellular routes going to make enormous growth as expected in the forecast period.
The Global Industrial Cellular Router Market has reached a value of $3.06 billion in 2022. This market is projected to grow from $3.35 billion in 2023 to $6.2 billion in 2030 with a CAGR of 9.2% in the forecast period of 2023-2030. This market is estimated based on different key pointers that attribute to the growth which are product types including Fixed, Mobile, Dual SIM, & Outdoor, and end-users such as Oil & Gas Industry, Maritime & Offshore, and Energy, Manufacturing & Processing Industries, Transportation & Logistics. The leading market player in developing industrial cellular routers for various end-users such as Juniper Networks, ZTE Corporation, Cisco Systems, Dell Technologies, and Netgear Inc.
Among different segments of this market, the Fixed cellular router type accounts for a high position in the industrial cellular router market. It happened to be significant due to its advantage of high-speed data transfer, and improved security which has been a huge demand among various industries. Further, it provides various support for the industrial environment enabling strong connectivity of automated systems, real-time monitoring & controlling, and secure connectivity in harsh & remote environments. It has made a huge impact on the industrial cellular router market in the upcoming years.
The North American region placed a significant impact on the industrial router market in the predicted forecast period. Since the region holds enormous industries that are on the verge of adopting the fourth industrial revolution, enhanced transport and logistics sector, and huge automation system applied in various food processing & beverages industries. All these major economies elevated the overall profit of the North American region with respect to the industrial cellular router market in the current year and going to see a huge lift in the market value in the near future.
In order to sustain this market, manufacturing and service-providing companies should work on providing reliable technical support to ensure their devices are quickly repaired or replaced. Manufacturers should ensure they have a robust technical support team in place to provide timely assistance to customers. They could think of developing an enhanced user interface and providing better documentation and support to make it easier for customers to install and use their devices.
The service-provider companies can create a valuable partnership with device manufacturers to build high-quality, robust devices that can be used in critical applications and environments. Implementing high-end security features including encryption and authentication, to ensure data is protected from unauthorized access to these cellular routers will surely drive the market of Industrial cellular router market in the upcoming years.