Sunday, September 25

Tag: Networking Technology

Science

Global Operational Technology Markets, 2022-2027 with ABB,

Dublin, May 11, 2022 (GLOBE NEWSWIRE) -- The "Global Operational Technology Market with COVID-19 Impact, by Components (Field Devices, Control Systems, & Services), Networking Technology, Industry (Process and Discrete), and Geography (North America, Europe, Asia Pacific, RoW) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The global operational technology market was valued at USD 149.6 billion in 2021 and is projected to reach USD 216.3 billion by 2027; it is expected to grow at a CAGR of 6.5% from 2022 to 2027. The major drivers of the market include the surging adoption of Industry 4.0, rising emphasis on industrial automation in manufacturing processes, increasing government involvement in supporting industrial automation, growing emphasis on r...