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Cloud robotics is the combination of robots and automation systems which share data and code to perform computation via networks enabling greater memory, computational power and collective learning
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Global Operational Technology Market Market Size, Share, Growth, Industry Trends and Forecast 2020-2030 The operational technology market size was valued at USD 37.6 billion in 2020 and is expected to grow at a CAGR of 8.4% between 2020 and 2030. Operational technology is a category of hardware and software that monitors and controls how physical devices perform. An important feature of operational technology is the ability to monitor and control physical devices remotely. Operational Technology has become a common, crucial element of critical infrastructure systems since it is widely used in power plants, refineries, nuclear plants, etc. Earlier was only used in industrial control systems for manufacturing, transportation and utilities and also the technologies had networking limitation. The conventional operational technology which was only used in industrial control systems is now being replaced by operational technology with the technological advancements in communication and networking resulting to emerge the trend for smart operational technologies. This has provided administrators to perform their tasks remotely within the network and getting work done in the real time. Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020100 Market Dynamics and Factors: Growing industrialization and increasing demand for smart automation solutions are driving the growth of the global operational technology market. Moreover, evolution of the Industrial Internet of Things (IIoT) is further supplementing the market growth. Furthermore, with the increasing cyber-attacks on operational technology, a new global alliance ‘Operational Technology Cyber Security Alliance (OTCSA)’ has formed with the purpose of protecting operational technology used in critical and industrial infrastructure from cyber-threats. This will further give ample opportunities for the operational technology
market growth. However, lack of efficient government initiatives and disruptions in supply chain are expected to hamper the growth of operational technology market to some extent. Market Segmentation: Global Operational Technology Market – By Component ○ Field devices ○ Control systems ○ Services Global Operational Technology Market – By Networking Technology ○ Wired Technology ○ Wireless Technology Global Operational Technology Market – By End-User ○ Process Industry ○ Non-Process Industry Global Operational Technology Market – By Region ○ North America ■ U.S. ■ Canada ■ Mexico ○ Europe ■ U.K. ■ France ■ Germany ■ Italy ■ Rest of Europe ○ Asia-Pacific ■ Japan ■ China ■ India ■ Australia ■ Rest of Asia Pacific ○ ROW ■ Latin America ■ Middle East ■ Africa ● ● ● ● New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020100 Geographic Analysis: North America accounts for highest market share in terms of revenue in the global operational technology market owing to the adoption of smart automation technologies and a significant number of established operational technology players present in the region. Moreover, the players in North America are emphasizing on modernizing their facilities with advanced technologies which is further boosting the market growth. Europe is the second largest region in the global operational technology market in terms of market size.
Competitive Scenario: Some of the major players of global operational technology market are Siemens AG, General Electric, Rockwell Automation, Inc., John Wood Group PLC, IBM Corporation, Hewlett Packard Enterprise Development LP, Accenture plc, Oracle Corporation, Schneider Electric SE, ABB Group, Huawei Technologies Co., Ltd. and Tesla, Inc. Connect to Analyst @ https://www.decisionforesight.com/speak-analyst/DFS020100 How will this Market Intelligence Report Benefit You? 1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030. 2. Exclusive insight into the key trends affecting the Global Operational Technology Market industry, although key threats, opportunities and disruptive technologies that could shape the Global Operational Technology Market Market supply and demand. 3. The report tracks the leading market players that will shape and impact the Global Operational Technology Market Market most. 4. The data analysis present in the Global Operational Technology Market Market report is based on the combination of both primary and secondary resources. 5. The report helps you to understand the real effects of key market drivers or retainers on Global Operational Technology Market Market business. The 2021 Annual Global Operational Technology Market Market offers: • 100+ charts exploring and analysing the Global Operational Technology Market Market from critical angles including retail forecasts, consumer demand, production and more 15+ profiles of top producing states, with highlights of market conditions and retail trends Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Operational Technology Market Market type • • • Buy This Premium Research Report@ https://www.decisionforesight.com/checkout/DFS020100 About Us: Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating
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