SCADA Market to Be Worth $18.7 Billion by 2031--Exclusive Report by Meticulous Research®
REDDING, Calif., May 13, 2024 /PRNewswire/ -- According to a new market research report titled, ' SCADA Market by Type (Monolithic SCADA Systems, Distributed SCADA Systems, Networked SCADA Systems), Component (Hardware, Software, Services), Deployment Mode, End-use Industry (Oil & Gas, Automotive, F&B), and Geography—Global Forecast to 2031,' the SCADA Market to be worth $18.7 Billion by 2031, at a CAGR of 9% from 2024–2031.
- REDDING, Calif., May 13, 2024 /PRNewswire/ -- According to a new market research report titled, ' SCADA Market by Type (Monolithic SCADA Systems, Distributed SCADA Systems, Networked SCADA Systems), Component (Hardware, Software, Services), Deployment Mode, End-use Industry (Oil & Gas, Automotive, F&B), and Geography—Global Forecast to 2031,' the SCADA Market to be worth $18.7 Billion by 2031, at a CAGR of 9% from 2024–2031.
- Besides, concepts such as Industry 5.0 and industrial automation are also supporting the growth of the SCADA market across the globe.
- Based on type, the global SCADA market is broadly segmented into monolithic SCADA systems, distributed SCADA systems, networked SCADA systems, and other SCADA systems.
- In 2024, the networked SCADA systems segment is expected to account for the largest share of 47.5% of the SCADA market.