Industrial Automation Device Manager Software Market 2024-2028
The industrial automation device manager software market is forecasted to grow by USD 1,567.8 mn during 2023-2028, accelerating at a CAGR of 6.72% during the forecast period. The report on the industrial automation device manager software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for integrated asset management services, increase in need for data analytics, and rising adoption of IIoT.
Technavio's industrial automation device manager software market is segmented as below:
By Deployment
By End-user
- Oil and gas
- Power
- Chemical and petrochemical
- Automotive
- Food and beverages and others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the evolution of cloud-based technologies as one of the prime reasons driving the industrial automation device manager software market growth during the next few years. Also, evolution of global device managers with integrated functionalities and integration of information and operational technologies will lead to sizable demand in the market.
The report on the industrial automation device manager software market covers the following areas:
- Industrial automation device manager software market sizing
- Industrial automation device manager software market forecast
- Industrial automation device manager software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial automation device manager software market vendors that include ABB Ltd., Advantech Co. Ltd., Danaher Corp., Delta Electronics Inc., Digi International Inc., Eaton Corp. Plc, Emerson Electric Co., Endress Hauser Group Services AG, Flexera Software LLC, General Electric Co., Hitachi Vantara LLC, Honeywell International Inc., Moxa Inc., OMRON Corp., Parsec Automation Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, WAGO GmbH and Co. KG, and Yokogawa Electric Corp.. Also, the industrial automation device manager software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.