SCADA Market Growth Fueled by Digital Transformation & Cybersecurity Push

1. SCADA Market to be Worth $18.7 Billion by 2031

2. Global SCADA Market–2024-2031 Meticulous Research®, a leading global market research firm, has published a research report titled 'SCADA Market’by Type (Monolithic SCADA Systems, Distributed SCADA Systems, Networked SCADA Systems), Component (Hardware, Software, Services), Deployment Mode, End-use Industry (Oil & Gas, Automotive, F&B), and Geography - Global Forecast to 2031.' According to Meticulous Research®'s most recent publication, the global SCADA market is expected to reach $18.7 billion by 2031, growing at a 9% CAGR between 2024 and 2031. The SCADA market is being driven by factors such as increased adoption of automated technologies in Europe and Asia-Pacific, continued Industry 5.0 trends, expanding need for smart and digital production processes, and government support and initiatives for industrial automation. However, the large initial investment needs limit the market's expansion. The Technology Behind the Growth The driving force behind this expansion isn't just demand—it's innovation. Networked SCADA systems have become the dominant architecture, accounting for nearly half of all deployments in 2024. These systems offer something their predecessors couldn't: seamless integration with Internet of Things devices, edge computing platforms, and cloud-based analytics tools. Perhaps most significantly, we're seeing a fundamental shift in how organizations think about SCADA deployment. While hardware still represents the largest market segment at about 56% of total revenue—driven by the massive installed base of control systems—software is experiencing the fastest growth. Companies are increasingly drawn to cloud-compatible, AI-powered solutions that provide ongoing updates, advanced analytics, and remote management capabilities. This software revolution is closely tied to another major trend: the migration to cloud-based deployments. Although on-premise installations still dominate with about 65% of the market, cloud-based SCADA is growing at the highest rate. The appeal is clear—minimal infrastructure requirements, easier scalability, faster deployments, and seamless updates that keep systems current with the latest security and feature enhancements. Challenges in Paradise However, this growth story isn't without its complications. As SCADA systems become more connected and integrated with broader IT networks, cybersecurity has emerged as a primary concern. Industrial control systems were historically isolated from external networks, but the benefits of connectivity come with new vulnerabilities that require constant vigilance and investment in security protocols. Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global SCADA Market–2024-2031 The sector also confronts practical obstacles that may limit expansion rate. High upfront costs continue to be a significant obstacle, especially for small and medium-sized businesses that wish to modernize but cannot afford the initial investment in hardware, integration services, and qualified personnel. Speaking of manpower, there is a global lack of experienced SCADA engineers, which affects how quickly firms can implement and operate these advanced systems. Another barrier to integration is its complexity. Blending new SCADA capabilities with current enterprise and industrial systems frequently necessitates substantial customisation and cross- disciplinary expertise, which many firms struggle to secure. Key Players The key players operating in the global SCADA Market are Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), Eaton Corporation plc (Ireland), Schneider Electric SE (France), ABB Ltd (Switzerland), Yokogawa Electric Corporation (Japan), General Electric Company (U.S.), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), OMRON Corporation (Japan), Pilz GmbH & Co. KG (Germany), Survalent Technology Corporation (Canada), Valmet (Finland), and Hitachi, Ltd. (Japan). Looking Forward The SCADA market represents more than just technological evolution—it embodies the broader transformation toward Industry 5.0, where intelligent systems, predictive maintenance, and seamless human-machine collaboration become the norm rather than the exception. As organizations worldwide pursue smarter, safer, and more efficient operations, SCADA systems are positioned to remain at the core of industrial innovation well beyond 2031. The convergence of wireless technologies, mobile capabilities, sustainability demands, and advanced analytics suggests we're only at the beginning of what SCADA technology can achieve in reshaping industrial operations globally. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5186 Contact Us: Meticulous Research® Email-sales@meticulousresearch.com Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global SCADA Market–2024-2031 Contact Sales- +1-646-781-8004 Connect with us on LinkedIn-https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com