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Industrial Network Market is expected to reach 69.9 billion by 2026 at a CAGR of 6.1% during the forecast period 2021-2026.
The rising adoption of connected factory and the machine to machine communication will significantly boost the industrial network market and is estimated to gain a huge demand. With the increase in adoption of asset tracking and supply chain management using industrial internet of things (IIoT) in the facilities will be driving the market.