The "Virtualization in Industrial Automation - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Virtualization in Industrial Automation was ...
DUBLIN: The "Virtualization in Industrial Automation - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Virtualization in Industrial Automation was valued at an estimated US$1.9 Billion in 2023 and is projected to reach US$2.2 Billion by 2030, growing at a CAGR of 2.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Significant trends in the virtualization in industrial automation market include the rising use of edge computing, which brings computing resources closer to industrial devices, thereby reducing latency and enhancing data processing capabilities. The integration of artificial intelligence (AI) and machine learning with virtualized environments is also on the rise, improving predictive maintenance and process optimization, and making industrial operations smarter and more efficient. Cybersecurity is becoming increasingly important, with enhanced measures being developed to protect virtualized industrial systems from threats.
The adoption of hybrid cloud solutions, which blend on-premises infrastructure with public and private clouds, is growing due to the need for seamless integration and management. Efforts to improve interoperability and standardization in virtualization technologies are making it easier to integrate different systems and vendors. Furthermore, the expansion of virtual training and simulation environments offers cost-effective and risk-free training options. These trends are driving the ongoing evolution and growth of the virtualization in industrial automation market, ensuring its continued importance and development.
Key Insights:
Report Features:
Key Attributes:
Report Attribute | Details |
No. of Pages | 177 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $1.9 Billion |
Forecasted Market Value (USD) by 2030 | $2.2 Billion |
Compound Annual Growth Rate | 2.4% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS (Total 39 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/2ugc54
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Fonte: Business Wire
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