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The global SCADA market is expected to grow at a CAGR of 8.3% from 2024 to 2029, driven by the increasing importance of real-time data analysis and the adoption of IoT technologies in manufacturing industries. The RTU component is expected to account for the largest share of the market, driven by its use in industries such as oil and gas. Other key factors driving market growth include process optimization, predictive maintenance, and operational efficiency.