Press release
SCADA Market Will Reach USD 16,994 Million by 2030
The total value of the global SCADA market was USD 9,600 million in 2022, and it will rise at a growth rate of above 7.4% shortly, reaching USD 16,994 million by 2030, according to P&S Intelligence.This growth can be credited to the high acceptance of Industry 4.0 solutions utilizing SCADA devices, the rising usage of software platforms including artificial intelligence and the Internet of Things, the growing requirement for industrial mobility solutions for better procedure management, and the growing advancements in wireless sensor networks (WSNs).
Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/scada-market/report-sample
Artificial intelligence and the Internet of Things have enhanced the processes of numerous sectors. On the basis of different world statistics, the count of devices linked to IoT networks is quickly growing.
Through the usage of SCADA arrangements, the IoT is altering manufacturing facilities by joining a huge network of smart systems. IoT and AI-based arrangements allow industries to control and screen their developments and applications, precisely forecast machine failure, and attain quicker response times, thus growing effectiveness and reducing operational prices.
Furthermore, by utilizing IoT and AI, information is gathered, analyzed, and utilized for rising predictive models, which can help in making work well-organized and lead to augmented incomes for a company. In order to modernize plant processes, IoT and AI-based SCADA platforms streamline data transmission and study.
The surge in the rise of Industry 4.0 for both process industries and manufacturing industries quickens industry development. They utilize such facilities as part of their digitalization strategies.
Because of their high level of technology adoption, industries are witnessing a high requirement to update the present SCADA system. Therefore, the need for these systems has been growing, mainly because of the digitization of manufacturing processes via the usage of sensors and data devices.
In the coming few years, the hardware category is projected to advance at the highest development rate, of approximately 7.8%. This can be credited to the high requirement for components such as RTU, HMI, and PLC in industrial processes and mechanization solutions to attain the targets of scalability, efficiency, and growth in the manufacturing sector.
Furthermore, progressive hardware advances the performance of systems, accountable for process mechanization, and delivers valued data. Therefore, the industry's key players employed technologies for the growth of HMI and progressive PLCs, which can work with diverse SCADA solutions.
Browse full report at: https://www.psmarketresearch.com/market-analysis/scada-market
In recent years, North America held the major revenue share in the worldwide SCADA market. This is mainly because of the steady energy management of SCADA, huge expenditure on technologies, the increasing industrial sector, and the rising acceptance of automation technology.
Hence, the high acceptance of Industry 4.0 solutions utilizing SCADA devices, the rising usage of software platforms including artificial intelligence and the Internet of Things, and the growing requirement for industrial mobility solutions for better procedure management are the major factors propelling the SCADA market.
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blogs: https://worldwideanalysistrends.blogspot.com/
Follow Us: https://www.linkedin.com/company/pnsintelligence/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SCADA Market Will Reach USD 16,994 Million by 2030 here
News-ID: 3201498 • Views: …
More Releases from P&S Intelligence

U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…

Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…

Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…

Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for SCADA
SCADA System Market Key insights
Supervisory Control and Data Acquisition (SCADA) system aims to control and monitor field devices at the remote sites. SCADA systems are very crucial as they help in maintaining the efficiency by collecting and processing real time data. With real time data, businesses, governments, and individuals are able to make data driven decisions regarding improving their processes. SCADA system find applications in industries such as energy & power, oil & gas,…
SCADA Oil And Gas Market Report 2024 - SCADA Oil And Gas Market Growth, Trends A …
"The Business Research Company recently released a comprehensive report on the Global SCADA Oil And Gas Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The scada…
SCADA Market Size, Market Analysis | SCADA Industry Future Growth, Share, Market …
Global SCADA Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global SCADA Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments,…
Global SCADA Market Research Report 2018
This report thinks about the Global SCADA Market showcase status and figure, arranges the Global SCADA Market advertise estimate (esteem and volume) by producers, type, application, and district. This report centers on the best producers in the United States, South Korea, and Taiwan and different districts.
Get sample copy of report:
https://www.marketdensity.com/contact?ref=Sample&reportid=5688
Table of Contents
1 SCADA Market Overview
1.1 Product Overview and Scope of SCADA
1.2 SCADA Segment by Type (Product Category)…
Growth In SCADA Systems Adoption
The global relay and industrial control manufacturing market, a part of the electrical and electronics manufacturing industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. The electrical and electronics manufacturing industry showed a steady growth. The growth is mainly due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries.
In the forecast period, the global relay and…
SCADA Market 2018 Global Key Leaders: SCADA are ABB, IBM Corporation, Rockwell A …
SCADA Market Overview:
This report covers current events and trends in the market for SCADA to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts are able to make highly accurate projections. MRFR’s report includes a thorough analysis of the global SCADA Market segmented on the basis of component, deployment, end-user, and region with astute insights.
The report has been prepared to…