SCADA Market Trends, Analysis, Types, Growth, Opportunity and Forecast 2027
SCADA is an automation tool which collects and supervises data. Global SCADA market is expected to show significant growth through the forecast period. Increase in demand for automation among various industry verticals, rise in the Internet of things, demand for remote control of operations are the factors that are driving the global SCADA market. Furthermore, increasing investments in research and development, entry of new market players to provide innovative SCADA solutions, government support to adopt SCADA solutions among industries are a few fuelling factors of the market growth.
The market for global SCADA Software
market is segmented into component, architecture, deployment, end-users,
and region. High initial costs and data privacy are hindering the market
growth.
Regional Analysis
Globally, Asia Pacific holds a major market share
and is expected to grow at rapid rate through the forecast period. Adoption of
industry automation across various industry verticals in the developing
countries such as India and China are driving the market growth in the region.
Attivo Networks, a global leader of cyber security solutions in Defense, is
going to expand their foot print in the Asia Pacific region through Singtel
Innov8, a venture capital funding organization based in Singapore. The company
targets to increase their sales, marketing and expand their customer support
operations for their products like SCADA, data centers and many more.
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Which segment will provide the most chance
for SCADA Market growth Analysis till 2027?
The global Industry segmented into SCADA Market
Size, type, component, voltage, application and region. By type the segment is
further classified into skid mounted and mobile SCADA Market. By
component, the segment is further classified into switchgear, bus bar, HVAC
systems, transformer, frequency drives, monitoring and control systems and
others. By voltage, the segment, is further classified into low voltage and
medium voltage H SCADA Market. SCADA Market are used in various
industries such as oil and gas, mining, transportation, and power utilities.
Which Top Market Participants are Consider
for the highest SCADA market share?
ABB (Sweden), Rockwell Automation (U.S.),
Schneider Electric SE (France), Honeywell International Inc. (U.S.), Siemens AG
(Germany), Emerson Electric (U.S.), eLynx Technologies (U.S.), Enbase Solutions
(U.S.), Globlx (U.S.), Iconics (U.S.), IBM Corporation (U.S.), Mitsubishi
Electric Corporation (Japan) among others.
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Apart from the uses and features, the global SCADA Industry
faces challenges from vendor dependency, security issues, and other factors,
which has restrained the global SCADA market growth. This file offers a
complete outlook on the opposition, opportunities, drivers & restraints,
and other factors affecting the neighborhood and global serverless architecture
marketplace. The worldwide market is anticipated to sign in approximately 25 %
annual growth in this era.
The market also benefits from the increasing
research and development activities, resulting in the introduction of
environment-friendly products that not only dissipate lower amount of heat but
have enhanced mechanical properties. Another key trend gaining prevalence in
the global market is the increasing focus on the electrification of vehicles,
which is also giving rise to the production of light-weight vehicles and
automotive brake friction products. The SCADA Market demand for in the
developing regions can translate to tremendous business growth in the following
period.
SCADA Market By Geography
Asia pacific
Europe
North America
The Middle East and Africa
Latin America
Market Segmentation
SCADA Market Covid 19 Analysis
Due to a rise in phishing activities, COVID-19 has
substantially increased the adoption of cloud infrastructure and services. In
addition, COVID-19 has significantly increased the security budget, which has
resulted in a large increase in cloud infrastructure and services. According to
the findings of a study conducted by Microsoft and published in August 2020,
36% of the total 800 respondents said that the budget for cybersecurity had
risen as a consequence of the pandemic outbreak. Additionally, 42 percent of
those who answered the survey said that the company altered its personnel by
adding more security experts.
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Table of contents:
1 EXECUTIVE SUMMARY
1.1 GLOBAL SCADA MARKET, BY COMPONENT
1.2 GLOBAL SCADA MARKET, BY ORGANIZATION SIZE
1.3 GLOBAL SCADA MARKET, BY DEPLOYMENT
1.4 GLOBAL SCADA MARKET, BY END-USERS
1.5 GLOBAL SCADA MARKET, BY REGION
2 MARKET INTRODUCTIONS
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
Continued…
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