Operational Technology Market Expansion Fueled by Wired, Wireless, and Hybrid Network Solutions | Top Companies are Siemens, ABB, Honeywell International Inc.

Operational Technology Market Size and Forecast

DataM Intelligence has published a new research report on "Operational Technology Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Recent Developments:

📌 January 2026
🔹 Launch of a new Operational Technology Cybersecurity Lab in partnership with Rockwell Automation to advance OT cyber-defense expertise and innovation.
🔹 Industry sentiment in 2026 shows a shift from basic OT asset visibility toward resilience-oriented security strategies for real-world incident recovery.
🔹 Introduction of updated OPC UA standards (IEC 62541‐5:2026) aimed at enhancing interoperability and security for connected manufacturing environments.

📌 December 2025
🔹 CISA and global agencies published new security guidance for using AI in OT environments, highlighting AI risk mitigation in ICS/OT systems.
🔹 Gartner identified key technology and infrastructure trends shaping 2026, emphasizing hybrid systems and AI-centric architectures influencing OT strategy.
🔹 Honeywell was named a market leader in OT cybersecurity services, highlighting growing demand for specialized industrial defense solutions.

📌 November 2025
🔹 Reports highlighted a Q3 2025 OT cyber crisis with record industrial losses and urgent calls for improved risk quantification in OT cyber risk.
🔹 Strategic partnerships and market initiatives expanded OT/IoT cybersecurity capabilities in regions such as Eastern Europe through collaborative SOC deployments.
🔹 Industry-focused OT conferences and virtual events underscored evolving compliance challenges and resilience tactics.
🔹 Rockwell Automation launched its SecureOT suite targeting industrial and critical OT cybersecurity in key markets like India.

🚀 Major M&A Moves Reshaping the OT & Industrial Cybersecurity Landscape:

The operational technology (OT) security space continues to attract strategic consolidation and heavyweight investment as enterprises and critical infrastructure providers double‐down on resilience and cyber risk visibility.

🔹 ServiceNow's US$7.75 B acquisition of Armis - now poised to close in 2026 - is a standout deal that expands OT and IT security capabilities across complex environments including industrial control, medical devices, and critical infrastructure.

🔹 Earlier in 2025, Armis itself bolstered its OT stack by acquiring OTORIO, bringing deeper OT/CPS threat detection & response into its platform.

Key Players:

Siemens, ABB, Honeywell International Inc., General Electric, Schneider Electric, Rockwell Automation, Inc., Emerson Electric Co., Fuji Electric Co., Ltd., Yokogawa Electric Corporation and Mitsubishi Electric Corporation.

Growth Forecast Projected:

The Global Operational Technology Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Operational Technology Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Component:
The market is segmented by component into Human Machine Interface (HMI) and Control System. HMIs are critical for enabling operators to monitor, visualize, and interact with industrial processes in real-time, improving efficiency and reducing errors. Control systems manage and automate operations, ensuring process stability, safety, and optimization. Together, these components form the backbone of industrial automation and process control across various industries.

By Network Technology:
Based on network technology, the market includes wired and wireless solutions. Wired networks are preferred for their reliability, high-speed data transfer, and security in critical industrial environments. Wireless networks offer flexibility, ease of installation, and remote monitoring capabilities, making them ideal for large facilities, mobile assets, and IoT-enabled industrial applications. Many modern systems adopt hybrid approaches combining both wired and wireless networks.

By End-User:
By end-user, the market spans oil & gas, food & beverages, pharmaceuticals, chemicals, energy & power, metals & mining, pulp & paper, automotive, aerospace & defense, semiconductor & electronics, medical devices, machine manufacturing, and others. Oil & gas, chemicals, and energy & power industries are major adopters due to complex process requirements and safety regulations. Food & beverages and pharmaceuticals rely on automation for quality control and compliance. Automotive, aerospace & defense, and semiconductor industries adopt advanced control and HMI systems for precision manufacturing. The "others" segment includes emerging sectors such as textiles, packaging, and renewable energy facilities leveraging industrial automation technologies.

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.

Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.

Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.

Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.

Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.

Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.

Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.

Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.

Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.

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FAQ

Q1: What is the current size of the Operational Technology Market?

A: Operational Technology (OT) Market size was valued at USD 210.06 billion in 2024 and is projected to grow to USD 364.74 billion by 2031.

Q2: How rapidly will the Market expand?

A: The Operational Technology market is projected to grow at a CAGR of 9.6% between 2025 and 2031.

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