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Date Submitted: 03/22/2016 12:18 AM
Global SCADA Market in Process Industries Market Share and Size, Trends and Growth, Global Analysis and Forecasts 2016-2020
SCADA connects multiple systems to one centralized operation, and enables control from a remote location. The technology is mainly used for data acquisition, communications, control, and infrastructure management in an industrial set-up.
Municipal bodies worldwide are adopting SCADA systems for efficient supply and distribution of water and recycling wastewater in urbanized areas. Vendors are shifting to cloud-based SCADA to overcome issues related to the hardware layer of IT infrastructure and maintenance, resulting in reduced end-user costs and greater flexibility. However, the implementation of SCADA and the costs incurred in switching vendors are high. This makes the existing end-users stay with the same provider and the new users cautious before implementing the system.
Technavio's analysts forecast the global SCADA market in process industries to grow at a CAGR of 5.08% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global SCADA market in process industries for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of SCADA solutions and services.
The market is divided into the following segments based on geography:
APAC
Americas
EMEA
Table Of Content
PART 01: Executive summary
Highlights
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PART 02: Scope of the report
Market overview
Top-vendor offerings
Other prominent vendors
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five...