The global SCADA market is projected to experience a CAGR of over 8% during the forecast period. The adoption of SCADA system is primarily driven by increasing demand of renewable energy in the energy & utility sector. Also, widening application of SCADA systems and solutions in automotive and healthcare sectors is further fueling the growth of the market across the globe. Other factor driving the market growth are rising integration of IoT technologies across utilities and reduction in long term maintenance and operational cost. However, high initial cost of SCADA system is hampering the growth of the market. Also, threat associated with data privacy and lack of awareness regarding the benefits of SCADA technology among end-users, especially in developing regions is likely to impede adoption of SCADA system to certain extent.
Report Scope
This report analyzes the global SCADA market in terms of architecture, hardware, application, and geography. The global SCADA market has been segmented based on architecture into hardware architecture, software architecture and service architecture. The hardware segment is further sub-segmented into communication system, remote terminal unit, programmable logic controller, and other hardware. By services, the global SCADA market is bifurcated into consulting, implementation & integration and repair & maintenance services. Based on end-user, the SCADA market is bifurcated into public sector, oil & gas, manufacturing, energy & utility, transportation, healthcare, telecom. The global SCADA market covers major geographies such as North America, Europe, Asia Pacific, and Rest of World.
Major players operating in the global SCADA market are concentrating on acquiring other players operating in the same segment to expand existing portfolio and application specific offerings.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global SCADA Market - Growth, Share, Opportunities, and Competitive Analysis, 2023 – 2030” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global SCADA market.
Target Audience
USP and Key Offerings
The report titled “Global SCADA Market- Growth, Share, Opportunities, and Competitive Analysis, 2023 – 2030” offers strategic insights into the global SCADA market along with the market size and estimates for the duration of 2020 to 2030. The said research study covers an in-depth analysis of multiple market segments based on type, hardware, service, technology, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading SCADA solution and service providers, their SCOT (Strength, Challenges, Opportunities, and Threats) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global SCADA market, offering market size and estimates for the period from 2023 to 2030, keeping in mind the above mentioned factors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Supervisory Control and Data Acquisition (SCADA) market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Architecture
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Hardware
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Service
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End-user
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report