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Operational Technology Market Size 2025: Global Share, Industry And Report Analysis By 2031 | ALICE BIOMETRICS. S.L. Cheqd Foundation Ltd. Dawex Systems

01-17-2025 08:17 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Operational Technology Market

Operational Technology Market

The global operational technology market is anticipated to grow at a significant CAGR during the forecast period. Operational technology systems are hardware and software. They are used to detect the cause of change via direct monitoring with the support of a physical device. Additionally, operational technology performs several applications using various technologies such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), and Programmable Logic Controllers (PLC). The major factor driving the growth of the global operational technology market during the forecast is the growing adoption of Industry 4.0 as well as the growing emphasis on industrial automation in manufacturing processes. Additionally, the growth of the market can also be attributed to the growing demand for software systems to reduce the time and cost of operations in industries across the globe.

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Robotics technology advancements, including AI and machine learning, are enhancing robot versatility and performance, attracting industries such as, automotive and electronics to adopt the technologies, driving market growth. According to the International Federation of Robotics Org., in April 2024, US manufacturing companies increased automation investments, with total industrial robot installations reaching 44,303 units in 2023. The car industry was the top adopter, followed by electrical and electronics. The automotive segment saw a 1% increase in robot installations, with 33% of all installations.

full report of Operational Technology Market available @ https://www.omrglobal.com/industry-reports/operational-technology-market

• Market Coverage
• Market number available for - 2025-2031
• Base year- 2025
• Forecast period- 2025-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Operational Technology Market Report by Segment
By Component
• Human-machine interface
• Control Systems

By Networking Technology
• Wired
• Wireless

By Industry
• Process Industry
• Discrete Industry

Global Operational Technology Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global operational technology market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/operational-technology-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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