during the forecast period. A factory system should be capable of offering faster response times, better efficiency, and greater reliability. To achieve these benefits, designers must select the best communication technology, navigate a multiprotocol environment, and cover a wide range of industrial equipment.

New York, June 28, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industrial Communication Market by Offering, Communication Protocol, Vertical and Region - Global Forecast to 2027" - https://www.reportlinker.com/p04243647/?utm_source=GNW Therefore, the need for scalable and interoperable protocols are driving industry initiatives to develop a newer set of communication products.The clients of the companies offering smart manufacturing products and solutions are currently deferring the implementation of new projects as a short-term strategy and are concentrating on saving their business and cash flow. However, as the pandemic has subsided, companies are starting to demand smart manufacturing products and solutions. Still, the increased demands may not reach the demand levels estimated in the pre-COVID-19 era. Apart from this, The lack of standardization in these communication interfaces and protocols may result in the misrepresentation of data. The lack of standardization complicates the integration of systems and hinders the use of plug-and-play features for unrelated systems. Market for services to have highest CAGR during the forecast period Rapid changes in network infrastructure and the growing adoption of IIoT have led to the adoption of cloud and virtualization.This has significantly increased the pressure on network administrators to manage the network infrastructure. Hence, manufacturing industries are outsourcing network services to ensure better network management quality and reduced operating costs. Also, post-COVID-19, most companies are adopting remote network monitoring services, which is expected to boost the services market during the forecast period. Wireless connectivity segment to have highest growth throughout the forecast period The number of wireless connections in industrial applications has increased considerably over the past few years due to improved network coverage, quality of transmission, and bandwidth capacity.Advancements in wireless communication technologies, especially in wireless highway addressable remote transducer (WHART), cellular, and wireless local area networks (WLAN), are helping manufacturing companies to remotely monitor their assets from anywhere in the world. The popularity of wireless networks is increasing due to the speed and simplicity of installing them, as these features enable their deployment even in extreme environments. All these factors are expected to increase the adoption of wireless technology in the industrial communication market during the forecast period. Market for water & wastewater management application to grow at highest CAGR during the forecast period In water and wastewater treatment operations, reliable and timely data can improve efficiency and reduce costs. Outdated communication architectures are unable to keep up with existing SCADA applications in terms of the bandwidth, security features, scalability, and environmental ruggedness required to connect to remote areas.Water level monitoring sensors, AC drives, and controllers are the crucial components of water treatment systems, and an industrial communication network is used to facilitate communication among these devices. These factors are expected to fuel the growth of the industrial communication market for the water & wastewater vertical during the forecast period. Market in APAC to grow at highest CAGR during the forecast period Asia Pacific is one of the fastest-growing regions globally in terms of the adoption of industrial communication. Ongoing technological innovations and increasing adoption of automation technologies in various industries are leading to the growth of the industrial communication market in Asia Pacific.Considering the large population of some of the emerging economies in Asia Pacific and the need for better infrastructure and healthcare facilities, the IIoT market is expected to have more opportunities for growth in this region. IIoT can potentially change the entire industrial landscape and contribute to the growth of the emerging countries in this region. Industrial automation mainly depends on network interfaces and communication devices as an efficient communication network helps monitor and optimize the automation process. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the industrial communicationmarketspace. The break-up of primary participants for the report has been shown below: • By Company Type: Tier 1– 30%, Tier 2– 50%, and Tier 3 – 20% • By Designation: C-level Executives– 10%, Directors– 30%, and Others – 60% • By Region:North America–25%,APAC– 40%, Europe – 25%,and RoW – 10% The report profiles key players in the industrial communication market with their respective market ranking analysis. Prominent players profiled in this report areCisco (US), Siemens (Germany), Rockwell Automation (US), Omron (Japan), Moxa (Taiwan), Huawei Technologies (China), SICK (Germany), Schneider Electric (France), ABB (Switzerland), Belden (US), GE Grid Solutions (France), Advantech (Taiwan), HMS Networks (Sweden), IFM Electronic (Germany), Mitsubishi Electric (Japan), Erisccon (Sweden), Honeywell (US), FANUC (Japan), AAEON (Taiwan), Turck (US), and Bosch Rexoth (Germany). Research Coverage: This research report categorizes the industrial communication marketon the basis ofoffering, communication protocol, vertical, and geography.The report describes the major drivers, restraints, challenges, and opportunities pertaining to the industrial communication market and forecasts the same till 2027 (including analysis of COVID-19 impact on the market). Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the industrial communication ecosystem. Key Benefits of Buying the Report The report would help leaders/new entrants in this market in the following ways: 1. This report segments the industrial communication market comprehensively and provides the closest market size projection for all subsegments across different regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. 3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches, deals, and expansions. 4. The analysis of the top 21 companies, based on the strength of the market rank as well asthe product footprint will help stakeholders visualize the market positioning of these key players. Read the full report: https://www.reportlinker.com/p04243647/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

Meta CEO Mark Zuckerberg announced to employees that the social media giant would be scaling back hiring and turning up the heat on its employees.

The CEO of social media giant Meta is pessimistic about the economy and is looking for ways to keep his company profitable.

The mood has changed at the headquarters of Meta Platforms , parent of Facebook, Instagram and WhatsApp, in Menlo Park, California. For months now, many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy by the Federal Reserve and central banks around the world to combat record price increases everywhere. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the Covid-19 pandemic.

(Bloomberg) -- Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsHow Europe Became the Epicenter for This Summer’s Travel ChaosThe Wheels Have Come Off Electric VehiclesNetflix Crashes After ‘Stranger Things 4’ Finale Rele

Some McDonald’s locations are axing the chain’s U.S. deal offering soda and other cold beverages of any size for a buck as restaurant owners try to manage a record spate of inflation.

(Bloomberg) -- The Apple Inc. lawyer who was once responsible for enforcing the company’s insider trading policy admitted he used his access to draft SEC filings to personally profit. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAGene

Facebook’s parent company Meta is slashing hiring plans as Mark Zuckerberg warns of “one of the worst downturns in recent history”.

China has snubbed troubled aircraft maker Boeing after three of its national flag carriers placed orders worth $37bn (£31bn) with rival Airbus.

(Bloomberg) -- A measure of US manufacturing activity weakened in June to a two-year low as new orders contracted, restrained by lingering supply constraints and some softening in demand.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsHow Europe Became the Epicenter for This Summer’s Travel ChaosThe Wheels Have Come Off Electric VehiclesNetflix Crashes After ‘Stranger Things 4’ Finale ReleaseThe Insti

(Bloomberg) -- Sam Bankman-Fried, the co-founder of crypto exchange FTX US who just signed a deal with BlockFi Inc., said he’s open to exploring acquisitions in the battered crypto-mining industry next. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysCrypto Meltdown Claims Rolex and Patek Philippe as VictimsHow Europe Became the Epicenter for This Summer’s Travel ChaosThe Wheels Have Come Off Electric VehiclesNetflix Crashes After ‘Stranger Things 4’ Finale

Despite pledging to help employees obtain abortions, Amazon, Disney, and AT&T all donated to abortion opponents; Tesla has been hit with another racial discrimination lawsuit; and inflation is hitting July 4th food. 

Meta (META) could be bracing for a "tornado-like quarter," says Wedbush Managing Director Dan Ives.

A stock split is a way for a publicly traded company to alter its share price and outstanding share count without affecting its market cap or operating performance. Enacting a forward stock split is a way companies can make their shares more nominally affordable for retail investors who might not have access to fractional-share investing. More importantly, stock splits are viewed as a positive sign by Wall Street and investors.

Want to learn how to retire with $5 million? Here are a few things you can do to stretch your nest egg over the course of your retirement.

Exxon Mobil Corp. said in a filing late Friday it expects a boost of at least $2.5 billion to its bottom line in the second quarter from rising prices for oil and gas, with billions more coming from higher margins for gasoline and other energy products.

JPMorgan Chase & Co. analysts on Friday downgraded three regional bank stocks and said they're moving their outlook for the sector to neutral based on rising expectations of a recession as well as more aggressive interest rate hikes from the U.S. Federal Reserve. JPMorgan cut its ratings on Live Oak Bancshares Inc. and Huntington Bancshares Inc. to neutral from overweight and downgraded HBT Financial Inc. to underweight from neutral. "On LOB, while our call on the stock has been to buy at the po

In this article, we take a look at the top 10 oil and gas stocks to invest in. If you want to skip our detailed analysis of the energy sector, go to Top 5 Oil and Gas Stocks to Invest In. The stock market has been going through a rough patch for quite some time […]

Yahoo Finance's Jared Blikre explains the evolution of the airline industry from the PanAm days to today's summer travel disruptions.

In our June 13 review of bitcoin futures we gave a sober outlook for prices including a price target: "In this daily Point and Figure chart of bitcoin, below, we can see the breakdown and a price target of $15,750." In this daily bar chart of the continuous bitcoin futures contract, below, we can see that prices topped out in October/November. The On-Balance-Volume (OBV) line has been weakening since late October as traders of bitcoin have been more aggressive with heavier trading volume on days when the cryptocurrency has closed lower.

General Motors Co. experienced a brutal first half of 2022, seeing year-to-date sales plummet more than 17%, but there was a bright spot. The Detroit automaker (NYSE: GM) has passed Toyota in sales for the first half of 2022. On Friday, General Motors reported nearly 1.1 million sales in the first six months of the year while Toyota reported nearly 1.05 million first-half sales.