SCADA Market: Industry Growth, Size, Share and Forecast 2019-2025Posted by Orion Market Research on September 16th, 2019 The global supervisory control and data acquisition (SCADA) market is anticipated to record substantial growth rate over the forecast period. The growth of the market is attributed to increased adoption of Industry 4.0 in process industries, high demand for industrial mobility solutions to efficiently manage process industries and increasing adoption of software platforms including edge computing and IoT. SCADA systems are extensively utilized in Supervisory Control and Data Acquisition of industrial processes. SCADA is used extensively in the electricity sector. Other SCADA applications include gas and oil pipelines, water utilities, transportation networks, and applications requiring remote monitoring and control. Browse the full report description of “Supervisory Control and Data Acquisition (SCADA) Market Size, Share, Trends Analysis Report by End-User (Power and Energy, Oil & Gas, Manufacturing, Telecommunication, Automotive, Chemical, Food & Beverages, Others) - Forecast, 2019-2025” at https://www.omrglobal.com/industry-reports/scada-market Similar to real-time process controls found in buildings and factory automation. SCADA systems have made substantial growth over the last decade in terms of performance, functionality, openness, and scalability and have emerged as an alternative to in house development for extremely complex control systems. The prevalence of SCADA systems has grown substantially to a point that presents a great deal of national infrastructure depends on it. The capabilities of the SCADA system have advanced from simply replacing lights to managing extremely complex critical safety shutdown systems and process control. At present, components and systems are greatly compatible and switchable, offering utilities an extensive range of choices and prospects for customization services as SCADA becomes more integrated. SCADA systems are becoming progressively universal, as web portals, thin clients, and web-based products are gaining prominence among key dealers which will significantly contribute to global SCADA industry. Furthermore, other important challenges in the global SCADA market are the need to increase cybersecurity threat and the need of internet for SCADA to provide access to real-time data. The highly competitive global SCADA market, with the continuous emergence of new SCADA vendors with new SCADA products and solutions, is witnessing increased competition among the SCADA vendors. To sustain a strong position in such a competitive market, SCADA manufacturers are constantly introducing new technologies and adding new functionalities to the existing SCADA systems. Furthermore, the global economic recession has resulted in an increase in the end-user’s demand for low-price solutions with the same high functionality. In such an environment, competitive pricing strategies are of paramount importance, as they better position SCADA vendors to meet the market needs. The ability to provide SCADA systems with high functionality at a lower price is likely to increase its scalability to the end-users, especially during the economic recession. To know more information, please request a free report sample https://www.omrglobal.com/request-sample/scada-market Current Market Trends Covered in the Report:
Global SCADA Market - Segmentation By End-User
Global SCADA Market –Region North America
Europe
Asia-Pacific
Rest of the World
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