by Component (Hardware, Software, Services), Deployment Mode (On-premise, Cloud-based, Hybrid), End User (Oil & Gas, Automotive, Food & Beverage, Power, Semiconductors & Electronics, Chemicals & Materials)– Global Forecast to 2028 , the SCADA market is expected to grow at a CAGR of 14.7% from 2021 to reach $57.2 billion by 2028.
The increasing demand for automated industrial control solutions and growing investment for installing automated and connected process & control systems to gain efficiency over human labor-based operations are some of the major drivers for the growth of this market. Several companies are investing in automation technologies to gain cost-saving and productivity benefits. Additionally, the innovation of cloud-based SCADA systems offering enhanced collaboration and control over different processes and operations will propel the demand for SCADA systems in the coming years. However, the risk of cyber-attacks is a major challenge for the SCADA market.
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PORTLAND, Ore., April 20, 2021 /PRNewswire/ Allied Market Research published a report, titled, Smart Parking Market by Type (Off-Street and On-Street), Technology (IoT, Ultrasonic, and RFID), and Application (Security & Surveillance, Smart Payment System, E-Parking, and License Plate Recognition), and End User (Commercial and Government): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global smart parking industry was estimated at $6.05 billion in 2019 and is anticipated to hit $11.13 billion by 2027, registering a CAGR of 12.6% from 2020 to 2027.
Download Research Report (252 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/2878
Drivers, restraints, and opportunities-
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“The major players in the global smart ports market are Royal Haskoning (The Netherlands), IBM (USA), ABB (Switzerland), Trelleborg AB (Sweden), Port of Rotterdam (The Netherlands), and Abu Dhabi Ports (UAE).”
Browse 73 market data Tables and 38 Figures spread through 141 Pages and in-depth TOC on “Smart Ports Market by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence (AI)), Elements (Terminal Automation, PCS, Smart Port Infrastructure, and Others), Throughput Capacity, Port Type, and Region – Global Forecast to 2024”
The global smart ports market is projected to reach USD 5.3 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 25.0% during the forecast period. This growth can be attributed to factors such as an increasing introduction of green initiatives and the requirement of ports to comply with the environmental regulations that have been implemented by the governments of several nations. The usage of big data and c
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PORTLAND, Ore., March 1, 2021 /PRNewswire/ Allied Market Research recently published a report, titled, Construction 4.0 Market Analysis by Solution (Hardware, Software, and Services), Technology (IoT, Artificial Intelligence, Industrial Robots, and Others), Application (Asset Monitoring, Predictive Maintenance, Fleet Management, Wearables, and Others), and End User (Residential and Non-residential): Global Opportunity Analysis and Industry Forecast, 2020–2027 . As per the report, the global construction 4.0 industry was pegged at $9.78 billion in 2019, and is projected to reach $29.10 billion by 2027, growing at a CAGR of 18.2% from 2020 to 2027.
Major determinants of the market growth
Rapid growth of the construction industry, technological advancements, and proper time management of construction sites have boosted the growth of the global construction 4.0 market. However, lack of skilled labor and capital in developing countries and rise in security thr
Emerging Technologies in Smart Cities
sdmrFebruary 16, 2021 58
Asia Pacific emerging technologies in smart cities market will grow by 32.2% annually with a total addressable market cap of $6,970.3 billion over 2020-2030 owing to the rising urbanization & government initiatives, fast development of smart cities, and emerging technological advancements.
Highlighted with 41 tables and 76 figures, this 158-page report “Emerging Technologies in Smart Cities: Asia Pacific Market 2020-2030 by Technology (IoT, Cloud, AI, Big Data, 5G, Edge Computing), Deployment Mode, Application (Transportation, Utilities, Governance, Home & Building, Citizen Service) and Country” is based on a holistic research of the entire Asia Pacific emerging technologies in smart cities market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professiona