The global industrial modem market, valued at USD 18.62 billion in 2023, is projected to grow significantly to USD 34.8 billion by 2032, with a compound annual growth rate CAGR of 7.2% during the forecast period 2024-2032. https://www.openpr.com/news/3571896/industrial-modem-market-size-to-reach-34-8-usd-billion-by-2032