Operational Technology is the use of computers to monitor or alter the physical state of a system, such as the control system for a power station or the control network for a rail system.
Highlights
The global Operational Technology market was valued at US$ 38110 million in 2022 and is anticipated to reach US$ 50030 million by 2029, witnessing a CAGR of 4.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Usually environments containing Industrial Control Systems (ICS), such as: supervisory control and data acquisition (SCADA) systems, distributed control systems (DCS), Remote Terminal Unit (RTU) and programmable logic controllers (PLC) as well as dedicated networks and organization units. Embedded Systems are also included in the sphere of operational technology (e.g. SMART instrumentation), along with a large subset of scientific data acquisition, control & computing devices. An OT device could be as small as the ecu of a car or as large as the distributed control network for a national electricity grid.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Operational Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Operational Technology.
The Operational Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Operational Technology market comprehensively. Regional market sizes, concerning products by component, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Operational Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by component, by application, and by regions.
By Company
ABB
Siemens
Honeywell
General Electric
Schneider Electric
Rockwell Automation
Yokogawa Electric
Emerson Electric
Advantech
Fanuc
Nextnine
Scadafence
Wood Group Mustang
Wunderlich-Malec Engineering
Tesco Controls
SAP
IBM
Cisco Systems
Oracle
Huawei Technologies
Hewlett-Packard Enterprise
NEC Corporation
Cognizant
Accenture
Wipro
Segment by Component
Field Devices
Control System
Services
Segment by Application
Food & Beverage
Chemical
Oil & Gas
Automotive
Aerospace & Defense
Medical
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by component, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Operational Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by component, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Component
1.2.1 Global Operational Technology Âé¶¹Ô´´ Size Growth Rate by Component: 2018 VS 2022 VS 2029
1.2.2 Field Devices
1.2.3 Control System
1.2.4 Services
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Operational Technology Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Food & Beverage
1.3.3 Chemical
1.3.4 Oil & Gas
1.3.5 Automotive
1.3.6 Aerospace & Defense
1.3.7 Medical
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Operational Technology Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Operational Technology Growth Trends by Region
2.2.1 Global Operational Technology Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Operational Technology Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Operational Technology Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Operational Technology Âé¶¹Ô´´ Dynamics
2.3.1 Operational Technology Industry Trends
2.3.2 Operational Technology Âé¶¹Ô´´ Drivers
2.3.3 Operational Technology Âé¶¹Ô´´ Challenges
2.3.4 Operational Technology Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Operational Technology Players by Revenue
3.1.1 Global Top Operational Technology Players by Revenue (2018-2023)
3.1.2 Global Operational Technology Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Operational Technology Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Operational Technology Revenue
3.4 Global Operational Technology Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Operational Technology Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Operational Technology Revenue in 2022
3.5 Operational Technology Key Players Head office and Area Served
3.6 Key Players Operational Technology Product Solution and Service
3.7 Date of Enter into Operational Technology Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Operational Technology Breakdown Data by Component
4.1 Global Operational Technology Historic Âé¶¹Ô´´ Size by Component (2018-2023)
4.2 Global Operational Technology Forecasted Âé¶¹Ô´´ Size by Component (2024-2029)
5 Operational Technology Breakdown Data by Application
5.1 Global Operational Technology Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Operational Technology Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Operational Technology Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Operational Technology Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Operational Technology Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Operational Technology Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Operational Technology Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Operational Technology Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Operational Technology Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Operational Technology Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Operational Technology Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Operational Technology Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Operational Technology Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Operational Technology Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Operational Technology Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Operational Technology Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Operational Technology Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Operational Technology Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Operational Technology Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Operational Technology Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Operational Technology Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Operational Technology Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Operational Technology Introduction
11.1.4 ABB Revenue in Operational Technology Business (2018-2023)
11.1.5 ABB Recent Development
11.2 Siemens
11.2.1 Siemens Company Detail
11.2.2 Siemens Business Overview
11.2.3 Siemens Operational Technology Introduction
11.2.4 Siemens Revenue in Operational Technology Business (2018-2023)
11.2.5 Siemens Recent Development
11.3 Honeywell
11.3.1 Honeywell Company Detail
11.3.2 Honeywell Business Overview
11.3.3 Honeywell Operational Technology Introduction
11.3.4 Honeywell Revenue in Operational Technology Business (2018-2023)
11.3.5 Honeywell Recent Development
11.4 General Electric
11.4.1 General Electric Company Detail
11.4.2 General Electric Business Overview
11.4.3 General Electric Operational Technology Introduction
11.4.4 General Electric Revenue in Operational Technology Business (2018-2023)
11.4.5 General Electric Recent Development
11.5 Schneider Electric
11.5.1 Schneider Electric Company Detail
11.5.2 Schneider Electric Business Overview
11.5.3 Schneider Electric Operational Technology Introduction
11.5.4 Schneider Electric Revenue in Operational Technology Business (2018-2023)
11.5.5 Schneider Electric Recent Development
11.6 Rockwell Automation
11.6.1 Rockwell Automation Company Detail
11.6.2 Rockwell Automation Business Overview
11.6.3 Rockwell Automation Operational Technology Introduction
11.6.4 Rockwell Automation Revenue in Operational Technology Business (2018-2023)
11.6.5 Rockwell Automation Recent Development
11.7 Yokogawa Electric
11.7.1 Yokogawa Electric Company Detail
11.7.2 Yokogawa Electric Business Overview
11.7.3 Yokogawa Electric Operational Technology Introduction
11.7.4 Yokogawa Electric Revenue in Operational Technology Business (2018-2023)
11.7.5 Yokogawa Electric Recent Development
11.8 Emerson Electric
11.8.1 Emerson Electric Company Detail
11.8.2 Emerson Electric Business Overview
11.8.3 Emerson Electric Operational Technology Introduction
11.8.4 Emerson Electric Revenue in Operational Technology Business (2018-2023)
11.8.5 Emerson Electric Recent Development
11.9 Advantech
11.9.1 Advantech Company Detail
11.9.2 Advantech Business Overview
11.9.3 Advantech Operational Technology Introduction
11.9.4 Advantech Revenue in Operational Technology Business (2018-2023)
11.9.5 Advantech Recent Development
11.10 Fanuc
11.10.1 Fanuc Company Detail
11.10.2 Fanuc Business Overview
11.10.3 Fanuc Operational Technology Introduction
11.10.4 Fanuc Revenue in Operational Technology Business (2018-2023)
11.10.5 Fanuc Recent Development
11.11 Nextnine
11.11.1 Nextnine Company Detail
11.11.2 Nextnine Business Overview
11.11.3 Nextnine Operational Technology Introduction
11.11.4 Nextnine Revenue in Operational Technology Business (2018-2023)
11.11.5 Nextnine Recent Development
11.12 Scadafence
11.12.1 Scadafence Company Detail
11.12.2 Scadafence Business Overview
11.12.3 Scadafence Operational Technology Introduction
11.12.4 Scadafence Revenue in Operational Technology Business (2018-2023)
11.12.5 Scadafence Recent Development
11.13 Wood Group Mustang
11.13.1 Wood Group Mustang Company Detail
11.13.2 Wood Group Mustang Business Overview
11.13.3 Wood Group Mustang Operational Technology Introduction
11.13.4 Wood Group Mustang Revenue in Operational Technology Business (2018-2023)
11.13.5 Wood Group Mustang Recent Development
11.14 Wunderlich-Malec Engineering
11.14.1 Wunderlich-Malec Engineering Company Detail
11.14.2 Wunderlich-Malec Engineering Business Overview
11.14.3 Wunderlich-Malec Engineering Operational Technology Introduction
11.14.4 Wunderlich-Malec Engineering Revenue in Operational Technology Business (2018-2023)
11.14.5 Wunderlich-Malec Engineering Recent Development
11.15 Tesco Controls
11.15.1 Tesco Controls Company Detail
11.15.2 Tesco Controls Business Overview
11.15.3 Tesco Controls Operational Technology Introduction
11.15.4 Tesco Controls Revenue in Operational Technology Business (2018-2023)
11.15.5 Tesco Controls Recent Development
11.16 SAP
11.16.1 SAP Company Detail
11.16.2 SAP Business Overview
11.16.3 SAP Operational Technology Introduction
11.16.4 SAP Revenue in Operational Technology Business (2018-2023)
11.16.5 SAP Recent Development
11.17 IBM
11.17.1 IBM Company Detail
11.17.2 IBM Business Overview
11.17.3 IBM Operational Technology Introduction
11.17.4 IBM Revenue in Operational Technology Business (2018-2023)
11.17.5 IBM Recent Development
11.18 Cisco Systems
11.18.1 Cisco Systems Company Detail
11.18.2 Cisco Systems Business Overview
11.18.3 Cisco Systems Operational Technology Introduction
11.18.4 Cisco Systems Revenue in Operational Technology Business (2018-2023)
11.18.5 Cisco Systems Recent Development
11.19 Oracle
11.19.1 Oracle Company Detail
11.19.2 Oracle Business Overview
11.19.3 Oracle Operational Technology Introduction
11.19.4 Oracle Revenue in Operational Technology Business (2018-2023)
11.19.5 Oracle Recent Development
11.20 Huawei Technologies
11.20.1 Huawei Technologies Company Detail
11.20.2 Huawei Technologies Business Overview
11.20.3 Huawei Technologies Operational Technology Introduction
11.20.4 Huawei Technologies Revenue in Operational Technology Business (2018-2023)
11.20.5 Huawei Technologies Recent Development
11.21 Hewlett-Packard Enterprise
11.21.1 Hewlett-Packard Enterprise Company Detail
11.21.2 Hewlett-Packard Enterprise Business Overview
11.21.3 Hewlett-Packard Enterprise Operational Technology Introduction
11.21.4 Hewlett-Packard Enterprise Revenue in Operational Technology Business (2018-2023)
11.21.5 Hewlett-Packard Enterprise Recent Development
11.22 NEC Corporation
11.22.1 NEC Corporation Company Detail
11.22.2 NEC Corporation Business Overview
11.22.3 NEC Corporation Operational Technology Introduction
11.22.4 NEC Corporation Revenue in Operational Technology Business (2018-2023)
11.22.5 NEC Corporation Recent Development
11.23 Cognizant
11.23.1 Cognizant Company Detail
11.23.2 Cognizant Business Overview
11.23.3 Cognizant Operational Technology Introduction
11.23.4 Cognizant Revenue in Operational Technology Business (2018-2023)
11.23.5 Cognizant Recent Development
11.24 Accenture
11.24.1 Accenture Company Detail
11.24.2 Accenture Business Overview
11.24.3 Accenture Operational Technology Introduction
11.24.4 Accenture Revenue in Operational Technology Business (2018-2023)
11.24.5 Accenture Recent Development
11.25 Wipro
11.25.1 Wipro Company Detail
11.25.2 Wipro Business Overview
11.25.3 Wipro Operational Technology Introduction
11.25.4 Wipro Revenue in Operational Technology Business (2018-2023)
11.25.5 Wipro Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ABB
Siemens
Honeywell
General Electric
Schneider Electric
Rockwell Automation
Yokogawa Electric
Emerson Electric
Advantech
Fanuc
Nextnine
Scadafence
Wood Group Mustang
Wunderlich-Malec Engineering
Tesco Controls
SAP
IBM
Cisco Systems
Oracle
Huawei Technologies
Hewlett-Packard Enterprise
NEC Corporation
Cognizant
Accenture
Wipro
Ìý
Ìý
*If Applicable.