Industrial Automation Device Management Software Market Size Expected to Grow by USD 1.29 Billion | Increased IIoT Adoption Drives Growth | Technavio

Technavio analyzes the market by end user (oil and gas, power, chemical and petrochemical, automotive and others) and by geography (APAC, North America, Europe, South America, and MEA). The increased adoption of IIoT is expected to positively impact the growth of the industrial automation device management software market over the forecast period.

This study identifies the growing demand for integrated asset management services as one of the major reasons for the growth of the industrial automation device management software market over the next few years.

This report presents a detailed picture of the Industrial Automation Device Management Software Market through the study, synthesis and summation of data from multiple sources through analysis of key parameters

The industrial automation device management software market covers the following areas:

Industrial Automation Device Management Software Market Sizing
Industrial Automation Device Management Software Market Forecast
Industrial Automation Device Management Software Market Analysis

Companies cited

  • ABB Ltd.
  • Emerson Electric Co.
  • General Electricity Company.
  • Honeywell International Inc.
  • Moxa inc.
  • Omron Corp.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.

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Scope of Industrial Automation Device Management Software Market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of nearly 7%

Market Growth 2021-2025

$1.29 billion

Market structure

Fragmented

Annual growth (%)

5.52

Regional analysis

APAC, North America, Europe, South America and MEA

Successful market contribution

APAC at 40%

Main consumer countries

United States, China, Japan, Germany and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Moxa Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corp.

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID 19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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