Market is expected to reach USD 56.05 Billion by 2022 from USD 41.47 Billion in 2016, at a CAGR of 5.0% between 2017 and 2022.
According to a new market research report "System Integrator Market for Industrial Automation by Service Outlook (Consulting, Hardware, and Software), Technology (SCADA, PLC, PAC, RTU, DCS, MES & MOM, PLM, HMI, APC, OTS, Safety Automation), Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets™, the market is expected to reach USD 56.05 Billion by 2022 from USD 41.47 Billion in 2016, at a CAGR of 5.0% between 2017 and 2022.
- The major factors driving the growth of the system integrator market for industrial automation include the growing use of Internet of Things (IoT) in industrial automation, rising safety and security concerns, demand for low-cost energy-efficient production process by manufacturing plants, automation in manually uncontrollable processes, advancement in cloud computing technology, higher bargaining power of system integrators, and bundled products offered by system integrators.
- Software integration service expected to hold the largest market size by 2022
- Market for PLC, PAC, & RTU technology to grow at the highest rate during the forecast period
- The Americas likely to hold the largest share of the system integrator market for industrial automation during the forecast period
The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture of the strategies adopted by a large number of players.
Browse 67 market data Tables and 85 Figures spread through 178 Pages and in-depth TOC on "System Integrator Market for Industrial Automation" at http://www.marketsandmarkets.com/Market-Reports/system-integrators-market-223504983.html
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