Report Ocean has released a research study titled “SCADA Market” which provides a comprehensive view of the competitive market and includes an in-depth supply chain analysis to identify significant industry changes. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. It is valued approximately at USD 11.00 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.70% over the forecast period 2020-2027. The growth of the market is driven by the rapid growth in industrial automation, with the International Federation of Robotics (IFR) projecting an increase of 630,000 units by 2021 from 421,000 in 2018.
