SCADA Market Size & Share Analysis, Global Industry Overview, Demand Sales and Forecast
The SCADA market size is anticipated to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a CAGR of 7.8% from 2022 to 2027. The rising importance of real-time data to perform process analysis and predictive maintenance in industrial environments and IoT across manufacturing industries are some of the major factors propelling the growth of SCADA market. Rockwell Automation (US), Schneider Electric (France), Emerson Electric (US), Siemens (Germany), and ABB (Switzerland) are the key players in the SCADA market globally. These companies offer a wide range of SCADA systems, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share. Rockwell Automation is one of the leading companies in the industrial automation and information space. The company operates through the following business segments: Intelligent Devices, Software & Control,