Uniform standard for diverse energy systems
In 2024, the total volume of data created, recorded, copied and consumed worldwide stood at around 150 zettabytes – 27 zettabytes (1 zettabyte = 1 quadrillion bytes) more than in 2023 – reflecting the tempestuous growth here.
Data volume in zettabytes
As of: 05/2024; Source: Statista; *Projection
Market shares of industrial connectivity with a focus on Ethernet
Source: HMS Networks
2025 by end-user sectors
The automotive and transport sector is expected to account for 25% of the industrial Ethernet market in 2025, reflecting the industry's leadership in the adoption of automation technologies and the advancement and further developments of manufacturing. The increasing prevalence of electric vehicle production and the ever rising complexity of automotive electronics are driving the demand for increasingly sophisticated communication networks. Industrial Ethernet's ability to support high-speed data transmission and deterministic communication makes it indispensable for next-generation automotive manufacturing facilities striving to optimise their production processes and maintain their competitive advantages and strengths.
Source: Future Market Insights Inc.
Ethernet in the industrial arena
by offers (billion USD)
Source: Global Market Insights Inc.
"The industrial Ethernet market was valued at USD 10.5 billion in 2023 and is expected to grow at a CAGR in excess of 8% between 2024 and 2032. Industry 4.0 and smart manufacturing initiatives are the key forces driving the market. These movements underline the adoption of advanced, leading edge digital technologies, including IoT, AI, and big data analytics, in industrial settings."
Sales comparison: The top 5 in 2025
As of 06/2024; Source: Statista Market Insights; Data in current exchange rates, reflecting the impact of the Russia-Ukraine war on the market
Number of industrial IoT connections
As of 03/2024; Source: Statista Market Insights
"IoT technologies can deliver real-time data on machine performance, production output and other key metrics, enabling manufacturers to optimise their operations and reduce downtime."
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