Europe Operational Technology Market is expected to grow by USD 9,138.67 million during 2021-2028, accelerating at a CAGR of 6.7% during the forecast period
Europe operational technology market is expected to gain substantial growth in the
forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the
market is growing with a CAGR of 6.7% in the forecast period and is expected to
reach USD 9,138.67 million by 2028. Increasing popularity of controlling and
monitoring equipment is a major factor fuelling the growth of the market.
Key Pointers Covered in Europe
Operational Technology Market Industry Trends and Forecast to 2028
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
Get the Free sample copy of the report here:
https://www.databridgemarketresearch.com/request-a-sample/?dbmr=europe-operational-technology-market
Benefits of
Considering this Report:
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of Europe Operational Technology
Market is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and
technological developments in the markets.
·
The
insights in the report are easy to understand and include a graphical representation
of the numbers in the form of histograms, bar graphs, pie charts, etc.
Europe Operational
Technology Market Scope and Market Size
Europe operational technology market is segmented on the
basis of component, deployment, organization size, connectivity, technology,
and end-user. The growth among segments helps you analyze niche pockets of
growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
·
On the basis of component, the Europe
operational technology market is segmented into hardware, software/platform,
and services. The hardware segment is expected to hold largest share of the
market during 2021 owing to growing demand for smart automated solutions in
industries across Europe.
·
On the basis of deployment, the Europe
operational technology market is segmented into on premise, hybrid, and cloud.
The cloud segment is expected to hold largest share of the market during 2021.
The growth is attributed to rising demand for strengthening security,
increasing production efficiency, and reducing resolution time in various
industries including manufacturing, life science, pulp & paper, and others
across European countries.
·
On the basis of organization size, the Europe
operational technology market is segmented into small & medium size
business, large enterprise. The large enterprise segment is expected to hold
largest share of the market during 2021. This is mainly due to growing demand for
smart automated solutions, strengthening security, and increasing production
efficiency in industries across Europe.
·
On the basis of connectivity, the Europe
operational technology market is segmented into wired and wireless. The
wireless segment is expected to hold largest share of the market during 2021
owing to growing demand for smart automated solutions, which prove to be highly
efficient in monitoring and controlling.
·
On the basis of technology, the Europe
operational technology market is segmented into Supervisory Control and Data
Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains
(PCD), Programmable Logic Controllers (PLC), Safety Instrumented Systems (SIS),
and Building Management/Automation Systems (BAS). The SCADA segment is expected
to hold largest share of the market during 2021 owing to rising demand for
merging operational technology and information technology, which proves to be
highly accurate, efficient, and helps industries to boost up productivity
significantly.
·
On the basis of end user, the Europe operational
technology market is segmented into automotive and transportation, buildings
and infrastructure, energy and utilities, food and beverage, life sciences,
marine and ports, metals and mining, oil & gas, chemicals, pulp and
paper, and others. The oil & gas segment is expected to hold largest share
of the market during 2021 owing to rapid industrialization in emerging
economies and increasing need for upgrading existing systems for improving the
productivity.
Get
Full Access of Report@
https://www.databridgemarketresearch.com/reports/europe-operational-technology-market
Some
of the key questions answered in this report:
·
How has the Europe Operational Technology Market
performed so far and how will it perform in the coming years?
·
What has been the impact of COVID-19 on the Europe
Operational Technology Market?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Europe Operational
Technology Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and Insights: Europe
Operational Technology Market
·
Operational technology systems are hardware and
software that detect the cause of change through direct monitoring using a
physical device. Operational Technology (OT) uses various technologies such as
Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems
(DCS), Process Control Domains (PCD), and Programmable Logic Controllers (PLC)
to perform its applications. It is popularly used in industrial control
systems, which can be deployed anywhere including power stations paper
industries, and others. In recent times, merging or convergence of operational
technology with Information Technology (IT) systems has led to development of
Industrial Internet of Things (IIOT).
·
By providing an absolute overview of the market,
Europe Operational Technology Market survey report covers various aspects of
market analysis, product definition, market segmentation, key developments, and
the existing vendor landscape. In this report, trends of Semiconductors and
Electronics industry are formulated on macro level which helps clients and the
businesses figure out market place and possible future issues. Europe
Operational Technology Market report encompasses company profiling of key
players in the market, carefully analyzing their core competencies, and drawing
a competitive landscape for the market. A worldwide Europe Operational Technology
Market report surely acts as a great source of motivation to seek new business
ventures and evolve better.
·
Some of the factors, which are driving the
market are rising demand for smart automated solutions and increasing mergers
of OT and IT systems. However, security risk in OT systems over data platform
can be a restraining factor. The Europe operational technology market growth is
enhancing due to increasing operational technology deployments in buildings and
infrastructure industries, which can be an opportunity for the market. Failures
in critical functioning of OT systems can be a major challenge for the market
growth in region.
Europe Operational Technology Market Country
Level Analysis
Countries covered in Europe
operational technology Market report are the UK, Germany, France, Switzerland,
Italy, Spain, Netherlands, Russia, Belgium, Turkey, and the Rest of Europe.
Europe Operational Technology Market Share
Analysis
Europe operational technology
market competitive landscape provides details by competitor. Details included
are company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, Europe
presence, production sites and facilities, company strengths and weaknesses,
product launch, product trials pipelines, product approvals, patents, product
width and breadth, application dominance, and technology lifeline curve. The
above data points provided are only related to the companies’ focus on the
Europe operational technology market.
Key player Europe Operational Technology
Market
Major players covered in the
report are Honeywell International Inc., ABB, SCADAfence, Forcepoint, General
Electric, Rockwell Automation, Inc., Fortinet, Inc., IBM Corporation, Advantech
Co., Ltd., Emerson Electric Co., Wipro Limited, Schneider Electric, SAP SE,
Cisco Systems, Inc., Accenture, Yokogawa Electric Corporation, Huawei
Technologies Co., Ltd., Oracle Corporation, and others. DBMR analysts
understand competitive strengths and provide competitive analysis for each
competitor separately. Various product developments are also initiated by the
companies worldwide, which are also accelerating the growth of Europe operational
technology market.
MAJOR
TOC OF THE REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Europe Operational Technology Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=europe-operational-technology-market
Top
Trending Reports:
·
https://www.databridgemarketresearch.com/reports/global-anti-drone-market
·
https://www.databridgemarketresearch.com/reports/global-energy-efficient-motor-market
·
https://www.databridgemarketresearch.com/reports/global-trade-surveillance-market
·
https://www.databridgemarketresearch.com/reports/global-interactive-kiosk-market
·
https://www.databridgemarketresearch.com/reports/asia-pacific-thermal-transfer-ribbon-market
·
https://www.databridgemarketresearch.com/reports/global-battery-market
·
https://www.databridgemarketresearch.com/reports/global-flowmeters-market
About Us:
Data Bridge
Market Research set forth
itself as an unconventional and neoteric Market research and consulting firm
with unparalleled level of resilience and integrated approaches. We are
determined to unearth the best market opportunities and foster efficient
information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Comments
Post a Comment