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Industrial Automation Software Market Size & Competitive Analysis, Growth Prospects, Trend, Regulatory Landscape

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Growing need to reduce human errors and increase time efficiency and less availability of skilled manpower are key factors driving market revenue growth

The Industrial Automation Software Market intelligence report further offers hard to find data derived from attractiveness analysis that narrates a lot about the products, regions and applications expected to generate more revenue. The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Industrial Automation Software industry.

Increasing adoption of cloud-based industrial automation software is expected to drive market revenue growth in 2021-2028. Besides, growing need for industrial automation software to reduce human errors and increase time efficiency will boost market growth. Demand for automation software has been increasing at a rapid pace. Adoption of cloud-based industrial automation software has been increasing across various industries, including oil and gas, chemicals, pharmaceuticals, automotive, machine manufacturing, and others, are rapidly. 

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Top Companies Industrial Automation Software Market and Profiled in the Report are:

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.

Key Highlights of 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.

Browse the complete Global Industrial Automation Software Market Research Report – Industry Analysis, Size, Share, Growth, Trends @ https://www.emergenresearch.com/industry-report/industrial-automation-software-market

Objectives of the Report:

  • Study of the global Industrial Automation Software market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Industrial Automation Software market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Industrial Automation Software market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Industrial Automation Software market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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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)

  • Supervisory Control and Data Acquisition (SCADA)
  • Distributed Control System (DCS)
  • Manufacturing Execution Systems (MES)
  • Human Machine Interface (HMI)
  • Programmable Logic Controller (PLC)

Deployment Outlook (Revenue, USD Billion; 2018–2028)

  • On-premise
  • On-cloud

End Use Outlook (Revenue, USD Billion; 2018–2028)

  • Process Industry
    1. Oil and Gas
    2. Chemicals
    3. Paper and Pulp
    4. Pharmaceuticals
    5. Mining and Metals
    6. Food and Beverages
    7. Power
    8. Others

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.

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