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 report also sheds light on the recent technological developments and product advancements in the Industrial Automation Software market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
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
Research Report on the Industrial Automation Software Market Addresses the Following Key Questions:
- Who are the dominant players of the Industrial Automation Software market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Industrial Automation Software market?
- What are the key growth drivers and restraining factors of the Industrial Automation Software market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Industrial Automation Software market and its key segments?
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Emergen Research has segmented the global Industrial Automation Software market on the basis of type, type of care, and region
Segments Covered in this report are:
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 conclusion, the Industrial Automation Software Market report is an exhaustive database that will help readers formulate lucrative strategies. The Industrial Automation Software Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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