Power SCADA Market worth $2.5 Billion by 2026
iCrowd Newswire
According to the new market research report by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.7 billion in 2021 (estimated year), at a CAGR of 7.6% during the forecast period. Need for monitoring and controlling data from remote location, is one of the key factors driving the growth of the Power SCADA Market. Increasing use of big data analytics and 5G technology in industrial environment to offer lucrative opportunities for the Power SCADA Market during the forecast period.
Power SCADA Market Worth $2 5 Billion by 2026 - Exclusive Report by MarketsandMarkets™ prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.