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Showing posts with the label Europe Operational Technology Market Analysis

Europe Operational Technology Market size to Reach USD 9,138.67 million by 2028.

  Market Analysis and Insights: Europe Operational Technology Market Europe operational technology market is expected to gain substantial growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 6.7% in the forecast period and is expected to reach USD 9,138.67 million by 2028. Increasing popularity of controlling and monitoring equipment is a major factor fuelling the growth of the market.   Operational technology systems are hardware and software that detect the cause of change through direct monitoring using a physical device. Operational Technology (OT) uses various technologies such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), and Programmable Logic Controllers (PLC) to perform its applications. It is popularly used in industrial control systems, which can be deployed anywhere including power stations paper industries, and others. I...

Europe Operational Technology Market Worth USD 9,138.67 million by the year 2028

  Market Analysis and Insights: Europe Operational Technology Market Europe operational technology market is expected to gain substantial growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 6.7% in the forecast period and is expected to reach USD 9,138.67 million by 2028. Increasing popularity of controlling and monitoring equipment is a major factor fuelling the growth of the market.   Operational technology systems are hardware and software that detect the cause of change through direct monitoring using a physical device. Operational Technology (OT) uses various technologies such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), and Programmable Logic Controllers (PLC) to perform its applications. It is popularly used in industrial control systems, which can be deployed anywhere including power stations paper industries, and others. I...

Europe Operational Technology Market Analysis by Industry Perspective, Comprehensive Analysis, Growth and Forecast 2021 to 2028

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  Operational technology systems are hardware and software that detect the cause of change through direct monitoring using a physical device. Operational Technology (OT) uses various technologies such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), and Programmable Logic Controllers (PLC) to perform its applications. It is popularly used in industrial control systems, which can be deployed anywhere including power stations paper industries, and others. In recent times, merging or convergence of operational technology with Information Technology (IT) systems has led to development of Industrial Internet of Things (IIOT). Europe operational technology market is expected to gain substantial growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 6.7% in the forecast period and is expected to reach USD 9,138.67 million by 2028. Increasing populari...