Global Operational Technology Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Operational Technology - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Operational Technology market worldwide is projected to grow by US$17 Billion, driven by a compounded growth of 6.4%.

Field Devices, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$17.1 Billion by the year 2025, Field Devices will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$787 Million to the region's size and clout in the next 5 to 6 years. Over US$791.9 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Field Devices will reach a market size of US$1.5 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.2% over the next couple of years and add approximately US$2.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

• ABB Group
• Accenture PLC
• Advantech Co., Ltd.
• Cisco Systems, Inc.
• Cognizant Technology Solutions Corporation
• Emersion Electric Co.
• FANUC Corporation
• General Electric Company
• Hewlett Packard Enterprise Development LP (HPE)
• Honeywell International, Inc.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• NEC Corporation
• NextNine, Inc.
• Oracle Corporation
• Rockwell Automation, Inc.
• SAP SE
• Scadafence
• Schneider Electric SE
• Siemens AG
• Tesla, Inc.
• Wipro Ltd.
• Wood Group Mustang
• Wunderlich-Malec Engineering, Inc.
• Yokogawa Electric Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Operational Technology Market: A Prelude
• Global Operational Technology Market: Percentage Breakdown of Sales by Application for 2019E
• Global Competitor Market Shares
• Operational Technology Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Emerging Needs of New-Age Businesses Drives Digital Transformation of Operational Technology
• Sustained Adoption of IoT in Industrial Sector Translates into Significant Growth Potential for OT Market
• Global IoT Market: Number of Connected Devices Installed in Billions for the Years 2018, 2020, 2022, 2024 and 2026
• Global Industrial IoT Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
• With the Rapid Shift towards Industry 4.0, Convergence of IT and OT Continues to Gain Strength
• Utilities Focus on IT/OT Convergence to Reduce Outage Costs by Ensuring Efficient and Fast Restoration of Power
• Digital Transformation of Oil & Gas Industry: Aided by Convergence of IT and OT
• Oil & Gas Industry Witnesses Greater Need for Closer Collaboration between IT and OT Areas
• Trend towards Digitalization in Food & Beverage Industry Bodes Well for OT Market
• Mining Industry Turns to Converging IT and OT
• Securing OT Systems: A High Priority for Sectors Critical to Modern Society
• Global Operational Technology Security Market: Percentage Breakdown of Sales by Application for 2019E
• Increasing Integration of OT in Industrial Environments and Rising Prominence of Industry 4.0: Need for OT Security Grows Exponentially
• With Industrial Internet Blurring Lines between IT and OT, New Concerns Emerge for Both Sectors
• Convergence of IT and OT in Transportation Sector Raises the Need to Enhance Security Measures to Defend Networks
• OT Systems in Airports: Potential Threats from Cyberattacks
• Critical Infrastructure Rely on SCADA and ICS Operational Technology Systems
• PRODUCT OVERVIEW
• Operational Technology (OT): An Introduction
• Examples of OT
• Components of OT
• Industrial Control Systems (ICS)
• Supervisory Control and Data Acquisition (SCADA) Systems
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Manufacturing Execution System (MES)
• Product Lifecycle Management System (PLM)

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures
• US Operational Technology Market Share (in %) by Company: 2019 & 2025
• Market Analytics

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures
• European Operational Technology Market: Competitor Market Share Scenario (in %) for 2019 & 2025
• Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/9moy5