SCADA Oil and Gas Market Size, Share, Trends, Forecast, & Growth Analysis- 2022-2028.

Matt Easterlin13 Jun, 2023News

The SCADA oil and gas market was estimated at USD 3.47 billion in 2021 and is likely to grow at a CAGR of 5.85% during 2022-2028 to reach USD 5.19 billion in 2028. The growth of the market is mainly driven by factors such as- Increasing investments in the oil & gas pipeline networks along with the increasing demand for remote management of oil & gas pipelines, The surge in penetration of cloud computing services in the SCADA systems. Furthermore, increasing demand for real-time information is another key driver contributing to the growth of the market.

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