The Supervisory Control and Data Acquisition (SCADA) Market, estimated at USD 12.58 Bn in 2025, is expected to exhibit a CAGR of 8% and reach USD 21.56 Bn by 2032.
Information and Communication Technology continues to be a key driver of global growth, as organizations accelerate digital transformation and invest in advanced solutions. Breakthroughs in automation, data analytics, and next-generation networks are reshaping industries, boosting competitiveness, and opening new avenues for innovation and collaboration.
Hardware segment held dominant position in the global SCADA Market in 2022, accounting for 33.4% share in terms of value, increasing demand and production is expected to propel growth of the segment during the forecast period.
Global SCADA Market: Competitive Landscape
ABB Ltd., Hitachi Ltd, Emerson Electric Co., Alstom, International Business Machines Corporation, Honeywell International Inc., Schneider Electric, Rockwell Automation, Inc., JFE Engineering Corporation, ICONICS, Inc., Mitsubishi Electric Corporation, and others.
Global SCADA Market: Recent Developments
- In September 2021, Discom, The electricity distribution company is announced to launch SCADA system for real-time monitoring of power distribution in Noida, India
In September 2022, Schneider Electric, a French multinational company announced acquisition of AVEVA to drive digital transformation for industrial organizations managing complex operational process. This acquisition aims to accelerate company’s both hybrid cloud based subscription model and software growth strategy.
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