1. Market Research
  2. > Advanced IT Market Trends
Operational Technology Market by Component (Field Devices, Control Systems, Services), Networking Technology (Wired Technology, Wireless Technology), End-User Industry, and Region - Global Forecast to 2022

Operational Technology Market by Component (Field Devices, Control Systems, Services), Networking Technology (Wired Technology, Wireless Technology), End-User Industry, and Region - Global Forecast to 2022

  • April 2017
  • 234 pages
  • ID: 4837043
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

“OT market expected to grow at a significant rate between 2017 and 2022”

The operational technology (OT) market is expected to grow at a CAGR of 6.7% between 2017 and 2022 and is expected to be worth at USD 40.42 billion by 2022. The key factors driving the growth of the OT market are the development strategies implemented by the players operating in the automation ecosystem, such as mergers and acquisitions, partnerships, and collaborations; increasing demand for industrialization in emerging economies; and evolution of IIoT with the increased communication and monitoring of machines. However, the major restraining factors for the growth of this market are supply chain disruptions, lack of efficient government initiatives, and so on.

“SCADA systems expected to hold the largest share of the OT market based on control systems during the forecast period”

The supervisory control and data acquisition (SCADA) systems hold the largest share in the OT market for control systems. The acceleration in adoption of IoT has increased the use of connected devices, and the demand for automation will keep driving the market for control systems such as DCS and SCADA systems. The rapid demand for digital transformation has raised the requirements for control systems. Moreover, IIoT is urging the industries to automate their plant and their production process to gain a competitive edge over the peers. DCS provides the finest control for regulatory applications and is used for the integration of power measuring devices, drives, and soft starters.

“Wired technology expected to hold the largest share of the overall OT market in 2017”

Wired networks are safe and reliable, and hence they continue to be one of the most preferred technology in the industrial organizations. The wired networking technologies which are essential for establishing connectivity among the OT solutions are Industrial Ethernet, Modbus, PROFINET, Foundation Fieldbus, HART, and others (CAN, SDI, and CDE). These are widely used in the end-user industry across various process industries such as oil and gas, food and beverages, chemical, pharmaceutical, and others.

“OT market in North America expected to grow at the fastest rate during the forecast period”

The OT market in North America is expected to grow at the fastest rate between 2017 and 2022. North America is one of the key growth regions for the OT market. A significant number of technology providers as well as new start-up companies are offering their products and solutions to process as well as non-process industries through system integrators and IT service providers. Various industries such as food and beverages, oil and gas, and chemical functional in the region have significantly entered the market through partnerships and collaborations. This development has created a huge growth potential for the OT market in North America.

The break-up of the profiles of primary participants for the report has been given below.
• By Company Type: Tier 1 = 55%, Tier 2 = 30%, and Tier 3 = 15%
• By Designation: C-Level Executives = 50%, Directors = 25%, and Others = 25%
• By Region: North America = 35%, Europe = 25%, APAC = 30%, and RoW = 10%

The key players operating in the OT market are ABB (Switzerland), General Electric (US), Yokogawa Electric (Japan), Rockwell Automation (US), IBM (US), Oracle (US), SAP SE (Germany), Siemens AG (Germany), Emerson (US), Schneider Electric (France), Huawei Technologies (China), Accenture (US), and so on.

Research Coverage:
The research report on the OT market covers the market segmented on the basis of following segments: component, networking technology, end-user industry, and geography. The market has been segmented on the basis of components into field devices, control systems, and services.

On the basis of networking technology, the OT market has been classified into wired technology and wireless technology. The market has been segmented on the basis of end-user industry into the process (food and beverages, chemical, oil and gas, energy and power, metals and mining, and others including pulp and paper and pharmaceutical industries) and the non-process (aerospace and defense, automotive, medical, agriculture, and building) industries. The report covers the market based on four major regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
- Illustrative segmentation, analysis, and forecast for the market based on component, networking technology, end-user industry, and geography have been conducted to give an overall view of the OT market.
- The value chain analysis is provided to provide an in-depth insight into the OT market.
- The major drivers, restraints, opportunities, and challenges for the OT market have been detailed in this report.
- The report includes a detailed competitive landscape, in-depth DIVE analysis, and revenue of the key players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on