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Industrial Automation & Sensors

VDC's Market Landscape i2 Reports

Our Deep Dive Analyses Of industrial Tech Markets.

Industrial organizations are placing greater urgency on securing operational technology (OT) environments, where a breach can lead to catastrophic consequences far beyond financial
loss—including system-wide downtime, safety risks, and operational chaos. As OT and IT continue to converge, the complexity and stakes of protecting critical infrastructure have never been higher.

This report provides a comprehensive market assessment of global OT cybersecurity software and services, including segmentation by solution type, service model, region, and industry. It delivers in-depth market sizing and forecasts through 2030, supported by robust primary research, competitive analysis, and strategic commentary designed for technology vendors, security leaders, and industrial decision-makers.

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The global industrial networking technologies market is projected to surpass $5.8B by 2029, driven by rapid adoption of 5G, Wi-Fi 7, OT/IT convergence, interoperability, and cybersecurity. Leading vendors such as Belden, Cisco, HMS, and Siemens are shaping the competitive landscape, while high-growth sectors including semiconductors, energy, and transportation continue to accelerate demand.

Our latest report delivers the insights you need to succeed in this evolving market. It provides strategic guidance, opportunity analysis, detailed forecasts by product, region, and industry, and competitive intelligence on more than 70 vendors.

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Discover how digital transformation and the Industrial Internet of Things (IIoT) are revolutionizing industrial operations worldwide. Our latest research report delivers in-depth analysis on the global industrial networking market—highlighting key trends, emerging technologies, and strategic insights to help organizations boost efficiency, flexibility, supply chain control, and 
workplace safety.

Backed by extensive primary research, the report provides valuable data on market size, growth forecasts, and competitive dynamics, along with guidance for product strategy, partnership development, and go-to-market planning.

Whether you’re shaping digital infrastructure, optimizing operations, or evaluating investment opportunities, this report is your roadmap to smarter industrial connectivity.

Download the Research Outline to learn more.

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VDC Views

Our Complimentary In-Depth Market and Industry Commentary

Mitsubishi Electric’s $1 billion acquisition of Nozomi Networks is the largest deal in the company’s history and a defining moment for the industrial cybersecurity market.

This bold move strengthens Mitsubishi’s ability to protect converged IT, OT, and IoT environments while giving Nozomi the scale and resources to accelerate innovation in visibility, resilience, and compliance. The deal also reshapes competitive dynamics and puts pressure on rivals such as Armis, Claroty, and Dragos as the race for OT cybersecurity leadership intensifies.

Read VDC’s complete analysis to learn what this acquisition means for manufacturers, critical infrastructure, and industrial operators, and how it could redefine the future of industrial cybersecurity.

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Over the past twelve months, the IoT, embedded and industrial sectors have experienced significant growth and transformation. Looking ahead, the coming year promises to reshape the way computing products and solutions are designed, developed, and introduced to the market.

This research note explores several emerging trends and themes that will influence the hardware and software markets in 2025 and beyond.

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Hitachi Digital Services assembled over 40 leading analyst and advisory firms to unveil its bold vision for the future of enterprise transformation.

Discover how Hitachi’s AI-driven platform, HARC for AI, is reshaping digital innovation—and how your organization can harness it to drive scalable, resilient growth.

  • Next-generation AI strategies for scalable, trustworthy implementation
  • Industry-specific breakthroughs across energy, healthcare, manufacturing, and more
  • Customer co-creation stories driving real-world digital impact
  • Advances in IT/OT convergence and enterprise-grade cybersecurity

Download the full report to learn how Hitachi is enabling Industry 5.0—through collaborative innovation, intelligent automation, and industry expertise.

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About Mitch

Mitch Solomon

President

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Mitch has spent years supporting senior leaders of operational and industrial technology companies as well as private equity investors that participate in the space.  He is an active member of the Technology and Innovation Council at Graham Partners, a leading industrial technology focused private equity firm, and serves on the advisory boards of OptConnect (a top IoT connectivity provider) and DecisionPoint (a rapidly growing operational technology systems integrator).  Mitch has worked closely with a wide range of industrial technology clients on a diverse array of growth opportunities and challenges including applications of AI, c-suite recruiting, strategic planning, new market identification and entry, product strategy, competitive positioning, revenue retention, value proposition identification and messaging, sales strategy and execution, and board presentations. Mitch holds a BA from Northwestern University and an MBA from The Tuck School of Business at Dartmouth College.