Press release
OPC Server Software Market: Exploring the Market Size, Driving Forces and Key Trends
OPC Server Software Market Share
What Is The Projected Market Size Of The Global OPC Server Software Market And Its Growth Rate?
The OPC server software market is witnessing strong growth in recent years, with projected developments as follows:
• 2024 Market Size: $14.93 billion
• 2025 Market Size: $15.97 billion (6.9% CAGR)
• 2029 Estimated Market Size: $21.74 billion (8.0% CAGR)
Rising industrial automation, enhanced data security measures, and adoption of open standards in industrial communication play pivotal roles in the market's expansion. Industry 4.0 integration, cloud-based solutions, and unified communication protocols are just a few of the future trends expected to propel growth in the coming years.
What Is Driving The Growth In The OPC Server Software Market?
The growth in the OPC server software market is primarily driven by the increasing adoption of industrial robots for industrial automation. These robotic arms, with several degrees of freedom, can be programmed to perform a variety of tasks in different contexts. The OPC server software facilitates standards-based data communication between these industrial robots and other OPC UA-compatible devices and applications, enhancing operational efficiency. Adoption of Industry 4.0 further enhances this demand, fostering market growth.
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Who Are the Key Players Driving OPC Server Software Market Growth?
Prominent players in the OPC server software market include:
• Kepware Technologies Inc.
• Siemens AG
• Emerson Electric Co.
• Omron Corporation
• Matrikon Inc.
• Cogent Real-Time Systems Inc.
• Yaskawa Electric Corporation
What Are The Key Trends In The OPC Server Software Market?
Forthcoming trends in the OPC server software market include:
• Industry 4.0 integration
• Cloud-based solutions
• Edge computing integration
• Unified communication protocols
• Integration with SCADA systems
• Remote access solutions
What Are The Segments Of The Global OPC Server Software Market?
The OPC server software market includes the following segments:
1) By Type: OPC DA Server, OPC HDA Server, OPC A&E Server, OPC UA Server
2) By Offering: Software Services, Hardware
3) By End-Users: Pharmaceutical, Food And Beverages, Oil And Gas, Power And Energy, Chemicals
Which Region Leads The OPC Server Software Market?
Europe leads the OPC server software market as of 2024. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The OPC Server Software Market Global Market Report?
- Market Size Analysis: Analyze the OPC Server Software Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the OPC Server Software Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall OPC Server Software Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the OPC Server Software Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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