The global industrial automation software market size reached USD 33.54 billion in 2020 and is expected to register a revenue CAGR of 7.8% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of cloud-based industrial automation software is expected to drive market revenue growth in 2021-2028. Besides, growing need for industrial automation software to reduce human errors and increase time efficiency will boost market growth. Demand for automation software has been increasing at a rapid pace. Adoption of cloud-based industrial automation software has been increasing across various industries, including oil and gas, chemicals, pharmaceuticals, automotive, machine manufacturing, and others, are rapidly. Such software ensures secure access to various automated systems through different output devices, and further enables enterprises to access data remotely using computers. These are some major factors driving growth of the global industrial automation software market revenue.
The new report titled ‘Global Industrial Automation Software Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Industrial Automation Software market dynamics that helps market analysts estimate the global Industrial Automation Software market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Industrial Automation Software market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Industrial Automation Software market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Industrial Automation Software market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Industrial Automation Software market.
Top key companies:
Siemens AG, Hitachi Ltd., General Electric Company, Honeywell International Inc., SAP SE, Schneider Electric SE, ABB Ltd., HCL Technologies Limited, Rockwell Automation Inc., and Parsec Automation Corporation
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Agriculture technology as a service market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years.
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Segmentation:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Supervisory Control and Data Acquisition (SCADA)
- Distributed Control System (DCS)
- Manufacturing Execution Systems (MES)
- Human Machine Interface (HMI)
- Programmable Logic Controller (PLC)
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premise
- On-cloud
End Use Outlook (Revenue, USD Billion; 2018–2028)
- Process Industry
- Oil and Gas
- Chemicals
- Paper and Pulp
- Pharmaceuticals
- Mining and Metals
- Food and Beverages
- Power
- Others
- Discrete Industry
- Automotive
- Machine Manufacturing
- Semiconductor and Electronics
- Aerospace and Defence
- Medical Devices
- Others
- Process Industry
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What Questions Should You Ask before Buying a Market Research Report?
- Will leading Industrial Automation Software markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Industrial Automation Software projects for these leading companies?
- How will the industry evolve during the period between 2020 and 2030? What are the implications of Industrial Automation Software projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Industrial Automation Software market?
- Where is the Industrial Automation Software market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
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