Press release
Operational Technologies Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Operational Technologies Market
Operational Technologies Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the operational technologies market has seen robust growth over the past few years. Its projected growth is from $182.06 billion in 2024 to $199.88 billion in 2025, which represents a compound annual growth rate (CAGR) of 9.8%. The historic growth period can be traced back to the adoption of automation technologies, concerns about cybersecurity, incorporation of IoT devices, digital transformation, and the obsolescence of aging infrastructure.
Operational Technologies Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for robust expansion in the operational technologies market in the forthcoming years, with projections indicating a surging growth to a market size of $283.68 billion by 2029 at a compound annual growth rate (CAGR) of 9.1%. Factors that contribute to this prospective growth include the escalating adoption of edge computing, 5G network deployment, continued focus on remote accessibility, an enhanced emphasis on sustainability, and fortifying of the supply chain resilience. Key trends that characterize the forecast period encompass the creation and acceptance of unified protocols, the emerging prevalence of digital twins, increased application of predictive analytics, open source technologies, and people-focused design.
View the full report here:
https://www.thebusinessresearchcompany.com/report/operational-technologies-global-market-report
What Are the Drivers Transforming the Operational Technologies Market?
The need for more energy is anticipated to drive the rise of the operational technologies market in the future. Energy, referring to the power or electricity required for the operation of machinery, essential manufacturing and operational activities, witnessed an increase in demand due to facets such as population growth, urbanization, industrialization, economic advancement, and technological improvements. Operational technologies prove invaluable in revolutionizing the energy sector, boosting efficiency, reliability, and sustainability by optimizing function, incorporating renewable energy, and improving grid resilience to address the changing needs of the energy market. As an illustration, the International Energy Agency (IEA), an independent intergovernmental organization based in France, reported a 2.2% growth in global electricity demand in 2023 and expects an average annual increase of 3.4% till 2026. Therefore, the escalating demand for energy acts as a catalyst for the development of the operational technologies market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15431&type=smp
What Long-Term Trends Will Define the Future of the Operational Technologies Market?
Major operational technologies firms are prioritizing the creation of technologically superior options, such as industrial edge solutions, to increase real-time data handling and strengthen operational efficiency while also enabling predictive maintenance. Industrial edge solutions can be understood as decentralized data processing systems near their generating location in industrial situations to facilitate real-time evaluations, better efficiency, and lowered delays in manufacturing and operational tasks. For example, Ola Electric Mobility, an Indian electric two-wheeler manufacturing company, unveiled the Ola Digital Twin platform in October 2024 to transformative manufacturing processes and product development. The platform utilizes advanced technologies like Krutrim AI, simulations, and IoT to construct digital copies of tangible manufacturing environments. The technology provides improved manufacturing planning, generative AI capabilities, AI-driven quality checks, and thermal solution for data hubs and cooling systems, as well as integration with NVIDIA for virtual robot training. This platform is setting a new benchmark in the electric vehicle sector for efficacy and innovation.
Which Segments in the Operational Technologies Market Offer the Most Profit Potential?
The operational technologiesmarket covered in this report is segmented -
1) By Component: Control Systems, Field Devices
2) By Technology: Wired, Wireless
3) By Vertical: Oil And Gas, Food And Beverages, Energy And Power, Automotive, Other Verticals
Subsegments:
1) By Control Systems: Supervisory Control And Data Acquisition (SCADA) Systems, Distributed Control Systems (DCS), Programmable Logic Controllers (PLC), Human Machine Interface (HMI), Safety Instrumented Systems (SIS), Automation Controllers
2) By Field Devices: Sensors, Actuators, Valves, Transmitters, Relays
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15431&type=smp
Which Firms Dominate the Operational Technologies Market by Market Share and Revenue in 2025?
Major companies operating in the operational technologies market are Huawei Technologies Co., Ltd., General Electric Co, accenture* Corporation, IBM Corporation, Cisco Systems, Ernst & Young Global Limited, Oracle, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Thales Group, Emerson Electric Co., Wipro Limited, Rockwell Automation, Inc., Fortinet, Inc., Yokogawa Electric Corporation, Advantech Co., Ltd., Audubon Companies, Forcepoint LLC, Wunderlich-Malec Engineering, Inc., Gray Matter Systems LLC, iTSM Group, SCADAfence, NTT Ltd.
Which Regions Offer the Highest Growth Potential in the Operational Technologies Market?
North America was the largest region in the operational technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the operational technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15431
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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 Operational Technologies Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4244079 • Views: …
More Releases from The Business Research Company
Quantum Computing And Technologies Market Surge Fueled By Escalating Cybersecuri …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Quantum Computing And Technologies Market Size By 2025?
In recent times, the market size for quantum computing and technologies has seen a rapid expansion. Its size is projected to increase from $1.1 billion in 2024 to $1.47 billion in 2025, representing a compound annual growth…
Programming Software Market Poised to Hit $3.97 Billion by 2029 with Acceleratin …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Programming Software Industry Market Size Be by 2025?
The programming software industry has experienced substantial growth lately. The market is set to expand from $2.04 billion in 2024 to $2.34 billion in 2025, displaying a compound annual growth rate (CAGR) of 14.9%. This previous growth can…
Global Point Of Sale System Requirement Industry Outlook 2025-2029: Market Set t …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Point Of Sale System Requirement Market Through 2025?
In recent years, the market size for point of sale system requirements has witnessed an accelerated growth. The market, which was valued at $14.5 billion in 2024, is projected to reach $16.57 billion in…
Global No-Code Development Platforms Market Projected to Grow at 24.9% CAGR, Rea …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
No-Code Development Platforms Market Size Growth Forecast: What to Expect by 2025?
The market for no-code development platforms has experienced substantial growth over the past few years. Market predictions indicate an increase from $28.11 billion in 2024 to a whopping $35.61 billion in 2025, demonstrating a compound annual growth…
More Releases for Operational
Operational Analytics Market: Driving Data-Driven Decisions for Operational Exce …
In recent years, the global Operational Analytics Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Operational Analytics Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Operational Analytics Market: Driving Data-Driven Decisions for Operational Exce …
In recent years, the global Operational Analytics Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Operational Analytics Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business.
Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with…
Operational Risk Management Solution Market Report 2024 - Operational Risk Manag …
"The Business Research Company recently released a comprehensive report on the Global Operational Risk Management Solution 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 operational…
Industrial Maintenance Services in Operational Improvement and Operational Maint …
Data Bridge Market Research analyses that the Industrial Maintenance Services in Operational Improvement and Operational Maintenance Market valued at USD 51.77 billion in 2022, will reach USD 80.36 billion by 2030, growing at a CAGR of 5.65% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by…
Operational Technology Market
Market Overview
The Global Operational Technology Market size is growing at a high CAGR during the forecast period (2022-2029).
Operational Technology (OT) is technology and software that detects or induces changes in industrial equipment, assets, processes, and events through direct monitoring and control. Operational technology refers to systems that process operational data (including electronic, telecommunications, computer systems, and technical components). OT systems may be required to control valves, engines, conveyors, and other…
Automotive Blockchain Market Thrives With Operational Efficacy, Robust Investmen …
The automotive blockchain market is projected to demonstrate a tremendous growth by the end of the projection period. Incessant investments in autonomous and connected vehicles and the operational efficacy that blockchain technology provides are steering the demand for automotive blockchain technology across the globe. During the outbreak of COVID-19, the automotive industry has witnessed steep declines in production as well as sales of vehicles. This led to subsequent deceleration in…
