NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The industrial automation device manager software market is set to grow by USD 1.29 billion from 2021 to 2025 accelerating at a CAGR of almost 7% during the forecast period.
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Technavio analyzes the market by End-user (Oil and Gas, Power, Chemical and petrochemical, Automotive, and Others) and Geography (APAC, North America, Europe, South America, and MEA). The increased adoption of IIoT is expected to have a positive impact on the growth of the industrial automation device manager software market during the forecast period.
This study identifies the growing demand for integrated asset management services as one of the prime reasons driving the industrial automation device manager software market growth during the next few years.
This report presents a detailed picture of the industrial automation device manager software market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
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 Analysis
Companies Mentioned
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Industrial Automation Device Manager Software Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 7% |
Market growth 2021-2025 |
$ 1.29 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.52 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Moxa Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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