How Will OPC Server Software Market Grow Through 2023-2032?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s OPC Server Software Global Market Report 2023 offers crucial insights into the OPC server software market help businesses analyse and build stronger strategies.
The global OPC server software market is poised for substantial growth, with the market size expected to surge from $13.03 billion in 2022 to $14.03 billion in 2023, marking a robust compound annual growth rate (CAGR) of 7.7%. A deeper dive into the data reveals an even more compelling projection – the market is anticipated to reach $18.41 billion in 2027, maintaining a solid CAGR of 7.0%. What fuels this remarkable expansion?
Embracing Industrial Robots
- Industrial Robot Adoption: The ascent of industrial robots in the realm of industrial automation is a prime driver for the OPC server software market. These robotic arms, capable of versatile tasks, are becoming increasingly integral to various industries.
- Industry 4.0 Influence: The embrace of Industry 4.0, a trend towards smart manufacturing, has further catalyzed the demand for industrial robots. Notably, the International Federation of Robotics reported a substantial increase in installed industrial robots globally, reaching over 517,000 in 2021, compared to 394,000 in 2020.
OPC Server Software’s Role
- Connecting the Dots: OPC server software plays a pivotal role in this scenario by enabling industrial robots to connect seamlessly with other OPC UA-compatible devices and applications. The use of a standards-based data communication approach ensures efficient regulation and data linkage from the robot to the factory control center.
- Current Operational Landscape: The surge in industrial robot adoption has propelled the global fleet of operational robots to surpass 3.5 million units, a testament to the escalating integration of automation in diverse industries.
Market Dynamics: Players and Trends
- Market Leaders: The OPC server software market is marked by the presence of key players driving innovation and market share. Major players include Kepware Technologies, Siemens AG, Emerson Electric Co., and Panasonic Holdings Corporation.
Trending Towards Innovation
- Product Innovation: A significant trend shaping the OPC server software market is the emphasis on product innovation. Companies are investing in cybersecurity solutions to enhance the security features of OPC server software.
- Cybersecurity in Focus: Bayshore Networks, a US-based cybersecurity solutions provider, exemplifies this trend. Their NetWall 10 GB USG is a high-speed hardware and software solution designed to secure network segments, insulating vital assets from potential cyber threats.
The global OPC server software market is segmented based on various parameters, providing a nuanced understanding of its diverse landscape.
- By Type:
- OPC DA Server
- OPC HDA Server
- OPC A&E Server
- OPC UA Server
- By Offering:
- Software Services
- By End-Users:
- Food And Beverages
- Oil And Gas
- Power And Energy
Regional Dominance: Europe Takes the Lead
- Geographical Landscape: In 2022, Europe emerged as the largest region in the global OPC server software market, underscoring the region’s prominence in driving market dynamics.
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The OPC Server Software Global Market Report 2023 provides a comprehensive outlook of the OPC server software market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The OPC server software market forecast offers a thorough analysis on OPC server software market size, OPC server software market share, prominent players and their strategies.
The Table Of Content For The OPC Server Software Market Include:
1. OPC Server Software Market Executive Summary
2. OPC Server Software Market Segments
3. OPC Server Software Market Size And OPC Server Software Market Growth Rate
4. Key OPC Server Software Market Trends
5. Major OPC Server Software Market Drivers
25. Key Mergers And Acquisitions In The OPC Server Software Market
26. Top OPC Server Software Companies
27. OPC Server Software Market Opportunities And Strategies
28. OPC Server Software Market, Conclusions And Recommendations
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