The new report titled ‘Global Industrial Automation Software Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Industrial Automation Software market outlook over the forecast duration (2020-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Industrial Automation Software market.
Such software ensures secure access to various automated systems through different output devices, and further enables enterprises to access data remotely using computers. These are some major factors driving growth of the global industrial automation software market revenue.
However, large amount of capital investment for automation processes and lack of awareness about industrial automation software are expected to hamper market revenue growth during the forecast period.
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The latest report is the most recent study that offers 360 coverage of the Industrial Automation Software industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Industrial Automation Software market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
The global Industrial Automation Software market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Industrial Automation Software sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
The Global Industrial Automation Software Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.
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Some Key Highlights From the Report
• Human Machine Interface (HMI) segment is expected to register a significantly robust revenue growth rate during the forecast period due to rising need for implementation and maintenance services as a result of increasing deployment of industrial automation software.
• On-premise segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to increasing adoption of on-premise industrial automation software among end users, as on-premise deployment offers higher level of safety and security to devices.
• Europe is expected to register a larger revenue growth rate among the regional markets in the global industrial automation software market over the forecast period due to robust presence of international and domestic automation software providers such as Siemens AG, SAP SE., Schneider Electric SE, and ABB Ltd., among others.
Some major companies in the market report include Siemens AG, Hitachi Ltd., General Electric Company, Honeywell International Inc., SAP SE, Schneider Electric SE, ABB Ltd., HCL Technologies Limited, Rockwell Automation Inc., and Parsec Automation Corporation.
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Emergen Research has segmented global industrial automation software on the basis of type, deployment, end use, and region:
• Type Outlook (Revenue, USD Billion; 2018–2028)
o Supervisory Control and Data Acquisition (SCADA)
o Distributed Control System (DCS)
o Manufacturing Execution Systems (MES)
o Human Machine Interface (HMI)
o Programmable Logic Controller (PLC)
• Deployment Outlook (Revenue, USD Billion; 2018–2028)
• End Use Outlook (Revenue, USD Billion; 2018–2028)
o Process Industry
1. Oil and Gas
3. Paper and Pulp
5. Mining and Metals
6. Food and Beverages
o Discrete Industry
2. Machine Manufacturing
3. Semiconductor and Electronics
4. Aerospace and Defence
5. Medical Devices
• Regional Outlook (Revenue, USD Billion; 2018–2028)
o North America
7. Rest of Europe
o Asia Pacific
4. South Korea
5. Rest of APAC
o Latin America
2. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
3. South Africa
5. Rest of MEA
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