openPR Logo
Press release

In-Depth Analysis of the Remote Monitoring And Control Market: Growth Opportunities, Key Trends, and Forecast 2025-2034

03-12-2025 05:20 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Remote Monitoring And Control

Remote Monitoring And Control

How Are the key drivers contributing to the expansion of the remote monitoring and control market?
The growth in the remote monitoring and control market is anticipated to be propelled by the escalating demand for automation. Automation is a technology that minimizes the need for human intervention to accomplish tasks. Any automated system essentially requires remote monitoring and control as they offer a safe method to supervise potentially hazardous machinery and other systems. The burgeoning demand for automation will sequentially lead to an increased need for remote monitoring and control solutions. For example, according to a report by the Australia-based online form constructor, Paperform, in December 2022, it was observed that 76% of businesses implemented automation to standardize or automate routine workflows, while 58% employed it for data/reporting in planning, and 36% used it to meet regulatory or compliance requirements. Thus, the escalating demand for automation is fuelling the expansion of the remote monitoring and control market.

Get Your Remote Monitoring And Control Market Report Here:
https://www.thebusinessresearchcompany.com/report/remote-monitoring-and-control-global-market-report

What growth opportunities are expected to drive the remote monitoring and control market's CAGR through 2034?
The market size for remote monitoring and control has seen considerable growth over the past few years. It is projected to grow from $29.15 billion in 2024 to $30.85 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The growth observed during the historical period has been credited to the automation and proficiency of the industry, the demand for real-time monitoring, cost reduction, and resource optimization. Additional contributing factors include the increasing intricacy of industrial processes and emphasis on safety and regulatory compliance.

Expectations are strong for the remote monitoring and control market to experience significant growth in the ensuing years, with predictions placing its value at $40.74 billion by 2029, and a compound annual growth rate (CAGR) of 7.2%. The projected growth within this period is mainly due to initiatives in digital transformation, integration with IoT and data analytics, a focus on sustainability and energy efficiency, the expansion of the industrial Internet, and an emphasis on resilience and business continuity. Notable trends during this forecast period are likely to include integration with 5G technology, a heightened focus on remote asset management, the use of augmented reality (AR) for remote assistance, the advent of remote monitoring in agriculture, and adhering to regulatory compliance in remote monitoring solutions.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9117&type=smp

What are the emerging trends shaping the future of the remote monitoring and control market?
Leading businesses in the remote monitoring and control sector are concentrating on the development of innovative technologies such as automation platforms to maintain their market standing. For example, in July 2024, Emerson, an IT solutions firm based in the US, unveiled Ovation 4.0, a crucial upgrade to its automation platform designed to improve operational abilities in the power and water sectors. This recent version presents a software-defined architecture that makes use of data and artificial intelligence (AI). Ovation 4.0 aims to tackle major obstacles encountered by utilities in modernizing their operations. It improves performance and accessibility, allowing utilities to manage a diverse mix of energy resources, both conventional and renewable, more effectively.

Which growth-oriented segments of the remote monitoring and control market are leading the industry's development?
The remote monitoring and control market covered in this report is segmented -

1) By Type: Solutions, Field Instruments
2) By Action: Monitoring, Control
3) By Industry: Oil And Gas, Chemical, Water And Wastewater Treatment, Metals And Mining, Food And Beverages, Power, Automotive, Pharmaceutical, Other Industries

Subsegments:
1) By Solutions: Cloud-Based Solutions, Software Applications
2) By Field Instruments: Sensors, Actuators, Controllers

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9117

What regions are leading the charge in the remote monitoring and control market?
Asia-Pacific was the largest region in the global remote monitoring and control market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global remote monitoring and control market during the forecast period. The regions covered in the remote monitoring and control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the remote monitoring and control market?
Major companies operating in the remote monitoring and control market include Siemens AG, General Electric Company, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric, Honeywell International Inc., ABB Ltd, Schlumberger Limited, Johnson Controls International plc, Larsen & Toubro Ltd., Eaton Corporation plc, Texas Instruments Incorporated, Nidec Corporation, Emerson Electric Co, Bosch Rexroth AG, Rockwell Automation Inc., OMRON Corporation, Fanuc Corporation, Teledyne Technologies Incorporated, Phoenix Contact GmbH & Co KG, Sensata Technologies Inc., Endress+Hauser Group Services AG, Yokogawa Electric Corporation, Advantech Co Ltd., National Instruments Corporation, Fuji Electric Co Ltd., ICONICS Inc., KROHNE Messtechnik GmbH, SICK AG, ProSoft Technology Inc., Novatech Measurements Limited, Toshiba Corporation

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=9117&type=smp

What Is Covered In The Remote Monitoring And Control Global Market Report?

•Market Size Forecast: Examine the remote monitoring and control market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the remote monitoring and control market for a structured understanding.
•Key Players Overview: Analyze major players in the remote monitoring and control market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the remote monitoring and control market.
•Segment Contributions: Evaluate how different segments drive overall growth in the remote monitoring and control market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the remote monitoring and control market.
•Industry Challenges: Identify potential risks and obstacles affecting the remote monitoring and control market.
•Competitive Landscape: Review strategic developments in the remote monitoring and control market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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 In-Depth Analysis of the Remote Monitoring And Control Market: Growth Opportunities, Key Trends, and Forecast 2025-2034 here

News-ID: 3911014 • Views:

More Releases from The Business Research Company

Washing Equipment Market Poised to Hit $10.8 Billion by 2029 with Accelerating Growth Trends
Washing Equipment Market Poised to Hit $10.8 Billion by 2029 with Accelerating G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Washing Equipment Market Size Growth Forecast: What to Expect by 2025? The steady expansion of the washing equipment market size in recent years has been observed. It's projected to increase from $9.24 billion in 2024 to $9.48 billion in 2025, with a compound annual growth rate (CAGR) of 2.6%.
Comprehensive Tire Curing Press Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Comprehensive Tire Curing Press Market Forecast 2025-2034: Growth Trends and Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Tire Curing Press Market Size Valuation Forecast: What Will the Market Be Worth by 2025? Recently, the tire curing press market has been expanding persistently. It is predicted to rise from $1.22 billion in 2024 to $1.27 billion in 2025, with a compound annual growth rate (CAGR) of 4.0%.
5G Deployment Propels The Semiconductor Capital Equipment Market Forward: Powering Innovation and Expansion in the Semiconductor Capital Equipment Market by 2025
5G Deployment Propels The Semiconductor Capital Equipment Market Forward: Poweri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Semiconductor Capital Equipment Market Through 2025? The size of the semiconductor capital equipment market has seen robust growth in the past few years. The projections indicate an increase from $82.86 billion in 2024 to $88.69 billion in 2025, giving a compound annual
2025-2034 Plastic Wire Rolling Machine Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
2025-2034 Plastic Wire Rolling Machine Market Outlook: Key Drivers, Emerging Cha …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Plastic Wire Rolling Machine Industry Market Size Be by 2025? Over recent years, there has been noteworthy growth in the plastic wire rolling machine market. It's projected this will rise from a market value of $8.44 billion in 2024 to $9.24 billion in 2025, evidencing a

All 5 Releases


More Releases for Control

Taking Control: Automotive Seat Control Modules Market Innovations
According to the recent findings by Persistence Market Research, sales of automotive seat control modules are anticipated to reach a value of US$ 8.95 Billion in 2022 with consistent long-term projections for the market. According to the report, the market will expand at 5.3% CAGR from 2022 to 2032. Automotive seat control modules are seeing increasing sales as customers demand more comfortable seats and various automobile interior accessories. Integrated systems that
Insect pest control Market Demand, Overview, Size, Trend, and Cleankill Pest Con …
Global Insect pest control report from Global Insight Services is the single authoritative source of intelligence on Insect pest control market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product
Noise Control Services Market Share 2022 Growth Challenges, Opportunities and Fu …
Global "Noise Control Services Market" to grow with an impressive CAGR over the forecast period from 2022-2030. The report on Noise Control Services offers the customers with a comprehensive analysis of vital driving factors, customer behavior, growth trends, product application, key player analysis, brand position and price patterns. The statistics on estimating patterns is obtained by studying product prices of key players as well as emerging market players. Additionally, Noise
Global Control Valves Market | Control Valves Industry | Covid-19 Impact Global …
Control valves refer to valves used in process industries to regulate process variables, such as flow, pressure, temperature, and fluid level in process industries including water management, chemicals, oil & gas, power generation, pharmaceuticals, automotive, mining, and food & beverages. These valves play a vital role in mounting efficiency, safety, and profitability of these process industries. Moreover, manufacturers of control valves are continually engaged in research & development (R&D) activities
Turbine Control System Market Report 2018: Segmentation by Component (Sensors, H …
Global Turbine Control System market research report provides company profile for ABB (Switzerland), Siemens (Germany), Honeywell (US), Emerson (US), GE (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Acoustic Control System Market 2017 Acoustic Control, Oceaneering Interna …
Global Acoustic Control System sales will reach about 1011 billion USD in 2017 from 875 billion USD in 2012 all around the world, with the CAGR of 2.62%. The Leading growing markets are China, Southeast Asia, etc. USA, EU, Oceania, India, etc. is the mature market with low growth rate. Global Acoustic Control System Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This Acoustic Control