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The pervasiveness of digital technologies has reached a state of ubiquity in consumer products. Digitisation is gradually penetrating the manufacturing sector in order to produce cheaper and better consumer products. At times of uncertain and volatile economic conditions, manufacturers are seeking competitive advantages by modernising and upgrading...

18 Mar 2022  |  Global  |  Market Research

Global Digital Industrial Platforms Growth Opportunities

Industrial Mega Trends are Digitally Transforming the Manufacturing Landscape and Creating New Business Paradigms

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This Frost & Sullivan study was created, developed, and published to: • bring to the industrial ecosystem Frost & Sullivan’s understanding and comprehensive characterization of digital industrial platforms • define and describe market segmentation based on participants, offerings, verticals, and geographies • offer a high-level overview of t...

The global Supervisory Control and Data Acquisition (SCADA) market is a well-established market and is witnessing a period of medium-to-low growth. It was valued at $5.29 billion in 2018 and is projected to reach $5.76 billion by 2023, growing at a CAGR of 1.7% from 2018 to 2023. The market has been holistically analyzed through 3 main segments, in...

The COVID-19 pandemic outbreak has resulted in a global economic downturn, as countries imposed movement control orders and shut down businesses. Similar to most other markets worldwide, the demand for industrial robots is forecast to plummet in 2020. The high initial costs and lack of supportive infrastructure are likely to impede market growth in...