The global SCADA market share is estimated to reach a valuation of US$ 72.5 Bn by 2031

Tmrtech10 Jan, 2023Technology

SCADA systems are widely adopted across a wide range of industries in order to automate processes in which human control is unfeasible. Moreover, the demand for SCADA systems is being increasing owing to their ability to help in costs saving and providing real-time data in order to monitor equipment in addition to providing multifaceted remote industrial controls. This factor, in turn, is boosting the SCADA market growth, notes a study by TMR. The SCADA systems are being incorporated across varied industries as they assist users to be alert about possible network issues and to play key role in decision-making in order to respond accordingly each time. This factor is prognosticated to help in driving the SCADA market revenue during the forecast period.

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