Huge Demand for Communications Interface

 

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Rising adoption of Industry 4.0 and increasing demand for enhanced network connectivity are factors that drive the growth of the global market for interface communications. Industry 4.0, a smart technology standard, witnessed wide-ranging adoption in the manufacturing/production and related sectors to boost operational efficiency. Industry 4.0 adoption requires smart networking devices that communicate with one another. These devices are equipped with various communication interfaces to allow for smooth and continuous communication; these advantages drive the demand for interface modules during the forecast period. Cisco Systems, Inc.'s Cisco OptoStar II is an intelligent interface module used to communicate between each module and the network management system bus, and as an alarm against system failure. The module uses a standard 19-in OptoStar II chassis, which can hold smart interface modules as well as other OptoStar II modules. However, in developing countries, a lack of proper network infrastructure is expected to hamper market growth during the forecasting period. The market is seeking opportunities from the advent of advanced and smart networking devices and the increasing adoption of M2 M and IoT communication technologies across different verticals of the industry.

The global communications interface market is segmented on the basis of product, mode of communication, and application. Based on product, the communications interface market is segmented into: 1-Port and 2-Port. Based on mode of communication, the communications interface market is segmented into: Wired and Wireless. On the basis of application, the communications interface market is segmented into Industrial Networking, Battery Monitoring System, Remote Sensors Communication, Railway Signaling System, Machine to Machine Communication, and Others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global communications interface market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The communications interface market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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