Industrial Software Market by Type (Manufacturing Execution System, SCADA, Human Machine Interface, Robotic Software, Fault Detection and Classification, Al in manufacturing, Industrial Metrology), End-use (Process, Discrete) - Global Forecast to 2029
The global industrial software market was valued at USD 21.5 billion in 2024 and is estimated to reach USD 46.6 billion by 2029, registering a CAGR of 16.7% during the forecast period. The rising urbanization, regulatory requirements for sustainable manufacturing and the integration of smart manufacturing and smart factory strategies foster a reasonable setting for industrial software market.
“SCADA to contribute significant share in industrial software market.”
SCADA (Supervisory Control and Data Acquisition) software is poised for significant growth within the industrial software market due to its critical role in enabling real-time monitoring, control, and automation of industrial processes. SCADA systems are essential in industries such as manufacturing, energy, oil & gas, water treatment, and transportation, where they facilitate remote management of infrastructure, equipment, and operations across geographically dispersed locations. The increasing adoption of IoT (Internet of Things) and IIoT (Industrial Internet of Things) technologies further enhances SCADA's capabilities by integrating data from sensors and devices into centralized control systems, enabling predictive maintenance, optimizing resource utilization, and improving operational efficiency. As industries continue to prioritize digital transformation initiatives and seek robust solutions for process optimization and automation, SCADA software is expected to play a crucial role in driving operational excellence and meeting stringent regulatory requirements, thereby fueling its significant growth in the industrial software market..
“Discrete segment contributes significant share in the industrial software market.”
The discrete industry segment is poised to experience significant growth and capture a substantial market share within the industrial software market for several compelling reasons. Industries such as automotive, aerospace, electronics, and machinery face complex manufacturing processes that benefit greatly from advanced industrial software solutions like MES, SCADA,HMI, industrial metrology and robotic software. These tools streamline operations, optimize workflows, and ensure stringent quality control throughout the manufacturing lifecycle. Moreover, the demand for innovation and customization drives the adoption of industrial software, enabling agile product design, rapid prototyping, and efficient production planning to meet diverse consumer needs. Global competition underscores the importance of operational efficiency and cost-effectiveness, which industrial software facilitates by improving productivity, reducing waste, and managing complex supply chains. Technological advancements in AI, IoT, and digital twins further enhance manufacturing capabilities, supporting predictive maintenance, real-time monitoring, and data-driven decision-making. Regulatory compliance is also facilitated through robust software solutions, ensuring adherence to quality, safety, and environmental standards. As discrete manufacturers embrace digital transformation initiatives, industrial software plays a pivotal role in integrating smart manufacturing technologies for automation, connectivity, and continuous improvement, thereby driving the segment's growth and market prominence.
“North America will contribute significantly to the growth rate in industrial software market.”
North America is poised to contribute a significant share to the industrial software market for several compelling reasons. The region boasts a robust industrial base across sectors such as manufacturing, automotive, aerospace, energy, and pharmaceuticals, all of which heavily rely on advanced software solutions to optimize operations and enhance productivity. Industrial software applications such as MES (Manufacturing Execution Systems), SCADA (Supervisory Control and Data Acquisition), are integral to managing complex manufacturing processes, ensuring regulatory compliance, and improving efficiency. Moreover, North America leads in technological innovation, with ongoing investments in AI (Artificial Intelligence), IoT (Internet of Things), and cloud computing driving the adoption of smart manufacturing practices. These technologies enable real-time monitoring, predictive maintenance, and data analytics, thereby supporting agile decision-making and continuous improvement initiatives. The region's commitment to digital transformation, coupled with a strong emphasis on quality control and operational excellence, positions North America as a key contributor to the global industrial software market, driving innovation and competitiveness across industries.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the industrial software market place.
The study includes an in-depth competitive analysis of these key players in the industrial software market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the industrial software market by type, end-use, and region (North America, Europe, Asia Pacific, and RoW). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the industrial software market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the industrial software market. This report covers competitive analysis of upcoming startups in the industrial software market ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the industrial software market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“SCADA to contribute significant share in industrial software market.”
SCADA (Supervisory Control and Data Acquisition) software is poised for significant growth within the industrial software market due to its critical role in enabling real-time monitoring, control, and automation of industrial processes. SCADA systems are essential in industries such as manufacturing, energy, oil & gas, water treatment, and transportation, where they facilitate remote management of infrastructure, equipment, and operations across geographically dispersed locations. The increasing adoption of IoT (Internet of Things) and IIoT (Industrial Internet of Things) technologies further enhances SCADA's capabilities by integrating data from sensors and devices into centralized control systems, enabling predictive maintenance, optimizing resource utilization, and improving operational efficiency. As industries continue to prioritize digital transformation initiatives and seek robust solutions for process optimization and automation, SCADA software is expected to play a crucial role in driving operational excellence and meeting stringent regulatory requirements, thereby fueling its significant growth in the industrial software market..
“Discrete segment contributes significant share in the industrial software market.”
The discrete industry segment is poised to experience significant growth and capture a substantial market share within the industrial software market for several compelling reasons. Industries such as automotive, aerospace, electronics, and machinery face complex manufacturing processes that benefit greatly from advanced industrial software solutions like MES, SCADA,HMI, industrial metrology and robotic software. These tools streamline operations, optimize workflows, and ensure stringent quality control throughout the manufacturing lifecycle. Moreover, the demand for innovation and customization drives the adoption of industrial software, enabling agile product design, rapid prototyping, and efficient production planning to meet diverse consumer needs. Global competition underscores the importance of operational efficiency and cost-effectiveness, which industrial software facilitates by improving productivity, reducing waste, and managing complex supply chains. Technological advancements in AI, IoT, and digital twins further enhance manufacturing capabilities, supporting predictive maintenance, real-time monitoring, and data-driven decision-making. Regulatory compliance is also facilitated through robust software solutions, ensuring adherence to quality, safety, and environmental standards. As discrete manufacturers embrace digital transformation initiatives, industrial software plays a pivotal role in integrating smart manufacturing technologies for automation, connectivity, and continuous improvement, thereby driving the segment's growth and market prominence.
“North America will contribute significantly to the growth rate in industrial software market.”
North America is poised to contribute a significant share to the industrial software market for several compelling reasons. The region boasts a robust industrial base across sectors such as manufacturing, automotive, aerospace, energy, and pharmaceuticals, all of which heavily rely on advanced software solutions to optimize operations and enhance productivity. Industrial software applications such as MES (Manufacturing Execution Systems), SCADA (Supervisory Control and Data Acquisition), are integral to managing complex manufacturing processes, ensuring regulatory compliance, and improving efficiency. Moreover, North America leads in technological innovation, with ongoing investments in AI (Artificial Intelligence), IoT (Internet of Things), and cloud computing driving the adoption of smart manufacturing practices. These technologies enable real-time monitoring, predictive maintenance, and data analytics, thereby supporting agile decision-making and continuous improvement initiatives. The region's commitment to digital transformation, coupled with a strong emphasis on quality control and operational excellence, positions North America as a key contributor to the global industrial software market, driving innovation and competitiveness across industries.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the industrial software market place.
- By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
- By Designation: C-level Executives – 35%, Directors – 28%, and Others – 37%
- By Region: North America– 45%, Europe – 35%, Asia Pacific– 15% and RoW- 5%
The study includes an in-depth competitive analysis of these key players in the industrial software market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the industrial software market by type, end-use, and region (North America, Europe, Asia Pacific, and RoW). The report scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the industrial software market. A detailed analysis of the key industry players has provided insights into their business overview, solutions and services, key strategies, Contracts, partnerships, and agreements. New product and service launches, acquisitions, and recent developments associated with the industrial software market. This report covers competitive analysis of upcoming startups in the industrial software market ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the industrial software market, and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- This new version of the report on the industrial software market includes the following:
- Market size from 2020 to 2029
- Average selling prices (ASPs) of industrial software calculated by the weighted average method
- Updated research assumptions and limitations
- Information related to trends/disruptions impacting businesses of customers, as well as information on the ecosystem of industrial software, trade analysis, regulatory analyses, technology analysis, patents analysis, and case studies pertaining to the industrial software market.
- Updated financial information until 2023 (depending on availability) for each listed company helps in the easy analysis of the present status of the profiled companies in terms of their financial strength, profitability, key revenue-generating regions/countries, and the highest revenue-generating business segments.
- Recent developments that help assess market trends and growth strategies adopted by leading market players
- Key manufacturers offering industrial software; key 25 providers are categorized into star, pervasive, emerging leader, and participant companies based on their performance on various parameters such as product footprint, focus on product innovations and geographic footprint.
- Market share analysis of various players operating in the industrial software market for 2023
- Small- and medium-sized enterprises (SME) matrix that brief some business strategies and product offerings of 15 SME players operating in the market, which are classified into four groups: progressive, dynamic, responsive companies, and starting blocks
- Brief information regarding the competitive situations and trends in the industrial software market
- The product, application, and geographic footprints of the key 25 providers of industrial software market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial software market
- Market Development: Comprehensive information about lucrative markets – the report analyses the industrial software market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial software market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Siemens (Germany), Rockwell Automation (US), ABB (Switzerland), Emerson Electric Co. (US) and General Electric (US) among others in the industrial software market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 List of major primary interview participants
2.1.3.2 Breakdown of primaries
2.1.3.3 Key industry insights
2.1.3.4 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 IMPACT OF RECESSION
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL SOFTWARE MARKET
4.2 INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY
4.3 INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY
4.4 INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY
4.5 INDUSTRIAL SOFTWARE MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing need for connected supply chain in manufacturing sector
5.2.1.2 Increasing importance of real-time data in performing process analysis and predictive maintenance
5.2.1.3 Integration of AI and ML into discrete and process industries
5.2.1.4 Government-led investments in AI, HMI, and IIoT
5.2.1.5 Increasing demand for fault detection and classification solutions
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
5.2.2.2 Complexities associated with integrating components with existing infrastructure
5.2.2.3 Requirement for high level of technical expertise
5.2.3 OPPORTUNITIES
5.2.3.1 Integration of MES with enterprise resource planning and product lifecycle management solutions
5.2.3.2 Rising shift from on-premises to cloud-based SCADA systems
5.2.3.3 Increasing adoption of cloud services to store and analyze metrological data
5.2.4 CHALLENGES
5.2.4.1 Susceptibility to cyberattacks
5.2.4.2 High operational costs of 3D metrology systems
5.3 SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 PRICING ANALYSIS
5.6.1 INDICATIVE LICENSE/SUBSCRIPTION COST OF KEY PLAYERS
5.6.2 INDICATIVE LICENSE/SUBSCRIPTION COST, BY REGION
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 IoT
5.8.1.2 Cloud computing
5.8.1.3 AI
5.8.1.4 Next-generation SCADA
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 5G
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Next-generation HMI
5.9 PORTER’S FIVE FORCES ANALYSIS
5.9.1 BARGAINING POWER OF SUPPLIERS
5.9.2 BARGAINING POWER OF BUYERS
5.9.3 THREAT OF NEW ENTRANTS
5.9.4 THREAT OF SUBSTITUTES
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 CASE STUDY ANALYSIS
5.11.1 ELMWOOD RECLAIMED TIMBER ADOPTED SIEMENS’ APS SOLUTION TO IMPROVE DELIVERY TIMELINESS AND ELIMINATE MANUAL SCHEDULING ISSUES
5.11.2 PHARMA COMPANY DEPLOYED SIEMENS’ MES OPCENTER EXECUTION DEVICE FOR AUTOMATED AND PAPERLESS MANUFACTURING
5.11.3 SAFRAN CERAMICS INSTALLED INFODREAM’S MES SOFTWARE TO MONITOR AND DIGITALIZE PRODUCTION PROCESSES
5.11.4 LONZA ACHIEVED COMPLIANCE WITH FDA REGULATIONS AND REDUCED DATA ENTRY ERRORS WITH ROCKWELL AUTOMATION’S FACTORYTALK PHARMASUITE
5.11.5 MADTREE BREWING AND THERMALTECH ENGINEERING CHOSE INDUCTIVE AUTOMATION’S IGNITION TO IMPROVE PRODUCTION AND ANALYSIS
5.11.6 OVARRO OFFERED EMS STREAM WEBSCADA PLATFORM TO PROVIDE
REAL-TIME INSIGHTS INTO MANUFACTURING PROCESSES
5.12 TRADE ANALYSIS
5.12.1 IMPORT DATA (HS CODE 903289)
5.12.2 EXPORT DATA (HS CODE 903289)
5.13 PATENT ANALYSIS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 MAJOR STANDARDS RELATED TO INDUSTRIAL SOFTWARE MARKET
5.15.3 REGULATIONS
6 EMERGING TRENDS IN INDUSTRIAL SOFTWARE MARKET
6.1 LATEST TRENDS IN INDUSTRIAL SOFTWARE MARKET
6.1.1 IIOT
6.1.2 AI AND ML
6.1.3 DIGITAL TWINS
6.1.4 CLOUD COMPUTING
6.1.5 EDGE COMPUTING
6.1.6 CYBERSECURITY
6.1.7 SUSTAINABILITY AND GREEN MANUFACTURING
6.1.8 ADVANCED ROBOTICS AND AUTOMATION
6.1.9 5G CONNECTIVITY
6.1.10 BIG DATA ANALYTICS
6.1.11 USER-FRIENDLY INTERFACES AND CUSTOMIZATION
6.1.12 BLOCKCHAIN
7 INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 MES
7.2.1 BY DEPLOYMENT
7.2.1.1 On-premises
7.2.1.1.1 Security concerns to boost deployment
7.2.1.2 On-demand
7.2.1.2.1 Reduced need for manual labor in IT departments to drive market
7.2.1.3 Hybrid
7.2.1.3.1 Ability to provide scalability, agility, and flexibility to business processes to foster segmental growth
7.3 SCADA
7.3.1 INCREASING NEED TO MANAGE CONFIDENTIAL DATA TO BOOST DEMAND
7.4 HMI
7.4.1 BY DEPLOYMENT
7.4.1.1 On-premises
7.4.1.1.1 Growing demand for low latency and robust data security to drive market
7.4.1.2 Cloud-based
7.4.1.2.1 Ability to provide virtual accessibility in remote monitoring to spur demand
7.5 AI IN MANUFACTURING
7.5.1 AI SOLUTIONS
7.5.1.1 By deployment
7.5.1.1.1 On-premises
7.5.1.1.1.1 Increasing focus on developing new cloud business models for NLP and ML tools to drive market
7.5.1.1.2 Cloud-based
7.5.1.1.2.1 Integration of NLP and ML tools with AI to drive market
7.5.2 AI PLATFORMS
7.5.2.1 By platform type
7.5.2.1.1 Machine learning framework
7.5.2.1.1.1 Increasing collaborations among established players to offer lucrative growth opportunities
7.5.2.1.2 API
7.5.2.1.2.1 Ease of developing program with building blocks to boost demand
7.6 ROBOTIC SOFTWARE
7.6.1 BY TYPE
7.6.1.1 Simulation
7.6.1.1.1 Ability to offer virtual modeling, testing, and visualization of robotic systems to drive market
7.6.1.2 Predictive maintenance
7.6.1.2.1 Growing incorporation into robot software to prevent position deviation to boost demand
7.6.1.3 Communication management
7.6.1.3.1 Presence of centralized platform to control, monitor, and perform complex tasks effectively to spur demand
7.6.1.4 Data management and analysis
7.6.1.4.1 Increasing demand for multi-language support and data security to drive market
7.6.1.5 Recognition
7.6.1.5.1 Pressing need to address language- and dialog-related challenges to accelerate demand
7.7 FAULT DETECTION AND CLASSIFICATION
7.7.1 RISING CRITICALITY OF INFRASTRUCTURE SYSTEMS TO FOSTER SEGMENTAL GROWTH
7.8 INDUSTRIAL METROLOGY
7.8.1 ABILITY TO FACILITATE REAL-TIME COLLABORATION AMONG MULTIPLE USERS TO DRIVE DEMAND
8 INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY
8.1 INTRODUCTION
8.2 PROCESS INDUSTRIES
8.2.1 FOOD & BEVERAGES
8.2.1.1 Growing demand for processed food among expanding population to boost demand
8.2.2 OIL & GAS
8.2.2.1 Improved decision-making through comprehensive data insights to accelerate demand
8.2.3 CHEMICAL
8.2.3.1 Rising reliance of chemical manufacturers on automated solutions to fuel market growth
8.2.4 PHARMACEUTICALS
8.2.4.1 Pressing need for infection-free environment to drive market
8.2.5 ENERGY & POWER
8.2.5.1 Growing industrialization to spur demand
8.2.6 WATER & WASTEWATER TREATMENT
8.2.6.1 Increasing need to tackle sewage and wastewater challenges to foster segmental growth
8.2.7 OTHER PROCESS INDUSTRIES
8.3 DISCRETE INDUSTRIES
8.3.1 AUTOMOTIVE
8.3.1.1 Ability to identify manufacturing and maintenance issues to drive demand
8.3.2 AEROSPACE
8.3.2.1 Increasing focus on improving product quality and shortening production cycle to fuel market growth
8.3.3 ELECTRONICS & SEMICONDUCTORS
8.3.3.1 Rising data volume from manufacturing value chain to accelerate demand
8.3.4 OTHER DISCRETE INDUSTRIES
9 INDUSTRIAL SOFTWARE MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN NORTH AMERICA
9.2.2 US
9.2.2.1 Government-led initiatives to develop manufacturing technologies to boost demand
9.2.3 CANADA
9.2.3.1 Increasing adoption of SCADA, AI, and IIoT in manufacturing sector to drive demand
9.2.4 MEXICO
9.2.4.1 Thriving manufacturing sector to fuel market growth
9.3 EUROPE
9.3.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN EUROPE
9.3.2 UK
9.3.2.1 Growing number of startups and SMEs to offer lucrative growth opportunities
9.3.3 GERMANY
9.3.3.1 Rising demand for remote monitoring in automobile companies to drive market
9.3.4 FRANCE
9.3.4.1 Increasing emphasis on modernizing production systems and developing advanced production processes to spur demand
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Government-led initiatives to develop IIoT capabilities in semiconductor and manufacturing sectors to accelerate demand
9.4.3 JAPAN
9.4.3.1 Introduction of Society 5.0 to offer lucrative growth opportunities
9.4.4 SOUTH KOREA
9.4.4.1 Thriving manufacturing sector to drive market
9.4.5 REST OF ASIA PACIFIC
9.5 ROW
9.5.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Growing adoption of IoT-based devices in manufacturing sector to foster market growth
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Rising focus of oil & gas companies on improving productivity and reducing waste to spike demand
9.5.3.2 GCC
9.5.3.3 Africa & Rest of Middle East
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024
10.3 MARKET SHARE ANALYSIS, 2023
10.4 REVENUE ANALYSIS, 2019–2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS
10.6 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Deployment footprint
10.7.5.3 End-user industry footprint
10.7.5.4 Region footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
10.9.2 DEALS
10.9.3 OTHERS
11 COMPANY PROFILES
11.1 KEY PLAYERS
11.1.1 SIEMENS
11.1.1.1 Business overview
11.1.1.2 Products/Solutions/Services offered
11.1.1.3 Recent developments
11.1.1.3.1 Product launches/Developments
11.1.1.3.2 Deals
11.1.1.4 MnM view
11.1.1.4.1 Key strengths/Right to win
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses/Competitive threats
11.1.2 SAP
11.1.2.1 Business overview
11.1.2.2 Products/Solutions/Services offered
11.1.2.3 Recent developments
11.1.2.3.1 Deals
11.1.2.4 MnM view
11.1.2.4.1 Key strengths/Right to win
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses/Competitive threats
11.1.3 ROCKWELL AUTOMATION
11.1.3.1 Business overview
11.1.3.2 Products/Solutions/Services offered
11.1.3.3 Recent developments
11.1.3.3.1 Product launches/Developments
11.1.3.3.2 Deals
11.1.3.3.3 Others
11.1.3.4 MnM view
11.1.3.4.1 Key strengths/Right to win
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses/Competitive threats
11.1.4 HONEYWELL INTERNATIONAL INC.
11.1.4.1 Business overview
11.1.4.2 Products/Solutions/Services offered
11.1.4.3 Recent developments
11.1.4.3.1 Deals
11.1.4.4 MnM view
11.1.4.4.1 Key strengths/Right to win
11.1.4.4.2 Strategic choices
11.1.4.4.3 Weaknesses/Competitive threats
11.1.5 ABB
11.1.5.1 Business overview
11.1.5.2 Products/Solutions/Services offered
11.1.5.3 Recent developments
11.1.5.3.1 Product launches/Developments
11.1.5.3.2 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths/Right to win
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses/Competitive threats
11.1.6 GENERAL ELECTRIC COMPANY
11.1.6.1 Business overview
11.1.6.2 Products/Solutions/Services offered
11.1.6.3 Recent developments
11.1.6.3.1 Product launches/Developments
11.1.6.3.2 Deals
11.1.7 OMRON CORPORATION
11.1.7.1 Business overview
11.1.7.2 Products/Solutions/Services offered
11.1.7.3 Recent developments
11.1.7.3.1 Product launches/Developments
11.1.7.3.2 Deals
11.1.8 ORACLE
11.1.8.1 Business overview
11.1.8.2 Products/Solutions/Services offered
11.1.9 MITSUBISHI ELECTRIC CORPORATION
11.1.9.1 Business overview
11.1.9.2 Products/Solutions/Services offered
11.1.9.3 Recent developments
11.1.9.3.1 Product launches/Developments
11.1.9.3.2 Deals
11.1.10 HEXAGON AB
11.1.10.1 Business overview
11.1.10.2 Products/Solutions/Services offered
11.1.10.3 Recent developments
11.1.10.3.1 Product launches/Developments
11.1.10.3.2 Deals
11.2 OTHER PLAYERS
11.2.1 42Q
11.2.2 DASSAULT SYST?MES
11.2.3 RENISHAW PLC
11.2.4 NIKON CORPORATION
11.2.5 EPICOR SOFTWARE CORPORATION
11.2.6 YOKOGAWA ELECTRIC CORPORATION
11.2.7 APPLIED MATERIALS, INC.
11.2.8 SPARKCOGNITION
11.2.9 AIBRAIN INC.
11.2.10 COGNEX CORPORATION
11.2.11 EMERSON ELECTRIC CO.
11.2.12 MICROSOFT
11.2.13 TELEDYNE TECHNOLOGIES INCORPORATED
11.2.14 SCHNEIDER ELECTRIC
11.2.15 GOOGLE
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 List of major primary interview participants
2.1.3.2 Breakdown of primaries
2.1.3.3 Key industry insights
2.1.3.4 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 IMPACT OF RECESSION
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL SOFTWARE MARKET
4.2 INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY
4.3 INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY
4.4 INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY
4.5 INDUSTRIAL SOFTWARE MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing need for connected supply chain in manufacturing sector
5.2.1.2 Increasing importance of real-time data in performing process analysis and predictive maintenance
5.2.1.3 Integration of AI and ML into discrete and process industries
5.2.1.4 Government-led investments in AI, HMI, and IIoT
5.2.1.5 Increasing demand for fault detection and classification solutions
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
5.2.2.2 Complexities associated with integrating components with existing infrastructure
5.2.2.3 Requirement for high level of technical expertise
5.2.3 OPPORTUNITIES
5.2.3.1 Integration of MES with enterprise resource planning and product lifecycle management solutions
5.2.3.2 Rising shift from on-premises to cloud-based SCADA systems
5.2.3.3 Increasing adoption of cloud services to store and analyze metrological data
5.2.4 CHALLENGES
5.2.4.1 Susceptibility to cyberattacks
5.2.4.2 High operational costs of 3D metrology systems
5.3 SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
5.5 INVESTMENT AND FUNDING SCENARIO
5.6 PRICING ANALYSIS
5.6.1 INDICATIVE LICENSE/SUBSCRIPTION COST OF KEY PLAYERS
5.6.2 INDICATIVE LICENSE/SUBSCRIPTION COST, BY REGION
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 IoT
5.8.1.2 Cloud computing
5.8.1.3 AI
5.8.1.4 Next-generation SCADA
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 5G
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Next-generation HMI
5.9 PORTER’S FIVE FORCES ANALYSIS
5.9.1 BARGAINING POWER OF SUPPLIERS
5.9.2 BARGAINING POWER OF BUYERS
5.9.3 THREAT OF NEW ENTRANTS
5.9.4 THREAT OF SUBSTITUTES
5.9.5 INTENSITY OF COMPETITIVE RIVALRY
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 CASE STUDY ANALYSIS
5.11.1 ELMWOOD RECLAIMED TIMBER ADOPTED SIEMENS’ APS SOLUTION TO IMPROVE DELIVERY TIMELINESS AND ELIMINATE MANUAL SCHEDULING ISSUES
5.11.2 PHARMA COMPANY DEPLOYED SIEMENS’ MES OPCENTER EXECUTION DEVICE FOR AUTOMATED AND PAPERLESS MANUFACTURING
5.11.3 SAFRAN CERAMICS INSTALLED INFODREAM’S MES SOFTWARE TO MONITOR AND DIGITALIZE PRODUCTION PROCESSES
5.11.4 LONZA ACHIEVED COMPLIANCE WITH FDA REGULATIONS AND REDUCED DATA ENTRY ERRORS WITH ROCKWELL AUTOMATION’S FACTORYTALK PHARMASUITE
5.11.5 MADTREE BREWING AND THERMALTECH ENGINEERING CHOSE INDUCTIVE AUTOMATION’S IGNITION TO IMPROVE PRODUCTION AND ANALYSIS
5.11.6 OVARRO OFFERED EMS STREAM WEBSCADA PLATFORM TO PROVIDE
REAL-TIME INSIGHTS INTO MANUFACTURING PROCESSES
5.12 TRADE ANALYSIS
5.12.1 IMPORT DATA (HS CODE 903289)
5.12.2 EXPORT DATA (HS CODE 903289)
5.13 PATENT ANALYSIS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 MAJOR STANDARDS RELATED TO INDUSTRIAL SOFTWARE MARKET
5.15.3 REGULATIONS
6 EMERGING TRENDS IN INDUSTRIAL SOFTWARE MARKET
6.1 LATEST TRENDS IN INDUSTRIAL SOFTWARE MARKET
6.1.1 IIOT
6.1.2 AI AND ML
6.1.3 DIGITAL TWINS
6.1.4 CLOUD COMPUTING
6.1.5 EDGE COMPUTING
6.1.6 CYBERSECURITY
6.1.7 SUSTAINABILITY AND GREEN MANUFACTURING
6.1.8 ADVANCED ROBOTICS AND AUTOMATION
6.1.9 5G CONNECTIVITY
6.1.10 BIG DATA ANALYTICS
6.1.11 USER-FRIENDLY INTERFACES AND CUSTOMIZATION
6.1.12 BLOCKCHAIN
7 INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 MES
7.2.1 BY DEPLOYMENT
7.2.1.1 On-premises
7.2.1.1.1 Security concerns to boost deployment
7.2.1.2 On-demand
7.2.1.2.1 Reduced need for manual labor in IT departments to drive market
7.2.1.3 Hybrid
7.2.1.3.1 Ability to provide scalability, agility, and flexibility to business processes to foster segmental growth
7.3 SCADA
7.3.1 INCREASING NEED TO MANAGE CONFIDENTIAL DATA TO BOOST DEMAND
7.4 HMI
7.4.1 BY DEPLOYMENT
7.4.1.1 On-premises
7.4.1.1.1 Growing demand for low latency and robust data security to drive market
7.4.1.2 Cloud-based
7.4.1.2.1 Ability to provide virtual accessibility in remote monitoring to spur demand
7.5 AI IN MANUFACTURING
7.5.1 AI SOLUTIONS
7.5.1.1 By deployment
7.5.1.1.1 On-premises
7.5.1.1.1.1 Increasing focus on developing new cloud business models for NLP and ML tools to drive market
7.5.1.1.2 Cloud-based
7.5.1.1.2.1 Integration of NLP and ML tools with AI to drive market
7.5.2 AI PLATFORMS
7.5.2.1 By platform type
7.5.2.1.1 Machine learning framework
7.5.2.1.1.1 Increasing collaborations among established players to offer lucrative growth opportunities
7.5.2.1.2 API
7.5.2.1.2.1 Ease of developing program with building blocks to boost demand
7.6 ROBOTIC SOFTWARE
7.6.1 BY TYPE
7.6.1.1 Simulation
7.6.1.1.1 Ability to offer virtual modeling, testing, and visualization of robotic systems to drive market
7.6.1.2 Predictive maintenance
7.6.1.2.1 Growing incorporation into robot software to prevent position deviation to boost demand
7.6.1.3 Communication management
7.6.1.3.1 Presence of centralized platform to control, monitor, and perform complex tasks effectively to spur demand
7.6.1.4 Data management and analysis
7.6.1.4.1 Increasing demand for multi-language support and data security to drive market
7.6.1.5 Recognition
7.6.1.5.1 Pressing need to address language- and dialog-related challenges to accelerate demand
7.7 FAULT DETECTION AND CLASSIFICATION
7.7.1 RISING CRITICALITY OF INFRASTRUCTURE SYSTEMS TO FOSTER SEGMENTAL GROWTH
7.8 INDUSTRIAL METROLOGY
7.8.1 ABILITY TO FACILITATE REAL-TIME COLLABORATION AMONG MULTIPLE USERS TO DRIVE DEMAND
8 INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY
8.1 INTRODUCTION
8.2 PROCESS INDUSTRIES
8.2.1 FOOD & BEVERAGES
8.2.1.1 Growing demand for processed food among expanding population to boost demand
8.2.2 OIL & GAS
8.2.2.1 Improved decision-making through comprehensive data insights to accelerate demand
8.2.3 CHEMICAL
8.2.3.1 Rising reliance of chemical manufacturers on automated solutions to fuel market growth
8.2.4 PHARMACEUTICALS
8.2.4.1 Pressing need for infection-free environment to drive market
8.2.5 ENERGY & POWER
8.2.5.1 Growing industrialization to spur demand
8.2.6 WATER & WASTEWATER TREATMENT
8.2.6.1 Increasing need to tackle sewage and wastewater challenges to foster segmental growth
8.2.7 OTHER PROCESS INDUSTRIES
8.3 DISCRETE INDUSTRIES
8.3.1 AUTOMOTIVE
8.3.1.1 Ability to identify manufacturing and maintenance issues to drive demand
8.3.2 AEROSPACE
8.3.2.1 Increasing focus on improving product quality and shortening production cycle to fuel market growth
8.3.3 ELECTRONICS & SEMICONDUCTORS
8.3.3.1 Rising data volume from manufacturing value chain to accelerate demand
8.3.4 OTHER DISCRETE INDUSTRIES
9 INDUSTRIAL SOFTWARE MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN NORTH AMERICA
9.2.2 US
9.2.2.1 Government-led initiatives to develop manufacturing technologies to boost demand
9.2.3 CANADA
9.2.3.1 Increasing adoption of SCADA, AI, and IIoT in manufacturing sector to drive demand
9.2.4 MEXICO
9.2.4.1 Thriving manufacturing sector to fuel market growth
9.3 EUROPE
9.3.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN EUROPE
9.3.2 UK
9.3.2.1 Growing number of startups and SMEs to offer lucrative growth opportunities
9.3.3 GERMANY
9.3.3.1 Rising demand for remote monitoring in automobile companies to drive market
9.3.4 FRANCE
9.3.4.1 Increasing emphasis on modernizing production systems and developing advanced production processes to spur demand
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ASIA PACIFIC
9.4.2 CHINA
9.4.2.1 Government-led initiatives to develop IIoT capabilities in semiconductor and manufacturing sectors to accelerate demand
9.4.3 JAPAN
9.4.3.1 Introduction of Society 5.0 to offer lucrative growth opportunities
9.4.4 SOUTH KOREA
9.4.4.1 Thriving manufacturing sector to drive market
9.4.5 REST OF ASIA PACIFIC
9.5 ROW
9.5.1 RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ROW
9.5.2 SOUTH AMERICA
9.5.2.1 Growing adoption of IoT-based devices in manufacturing sector to foster market growth
9.5.3 MIDDLE EAST & AFRICA
9.5.3.1 Rising focus of oil & gas companies on improving productivity and reducing waste to spike demand
9.5.3.2 GCC
9.5.3.3 Africa & Rest of Middle East
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024
10.3 MARKET SHARE ANALYSIS, 2023
10.4 REVENUE ANALYSIS, 2019–2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS
10.6 BRAND/PRODUCT COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Deployment footprint
10.7.5.3 End-user industry footprint
10.7.5.4 Region footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO AND TRENDS
10.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
10.9.2 DEALS
10.9.3 OTHERS
11 COMPANY PROFILES
11.1 KEY PLAYERS
11.1.1 SIEMENS
11.1.1.1 Business overview
11.1.1.2 Products/Solutions/Services offered
11.1.1.3 Recent developments
11.1.1.3.1 Product launches/Developments
11.1.1.3.2 Deals
11.1.1.4 MnM view
11.1.1.4.1 Key strengths/Right to win
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses/Competitive threats
11.1.2 SAP
11.1.2.1 Business overview
11.1.2.2 Products/Solutions/Services offered
11.1.2.3 Recent developments
11.1.2.3.1 Deals
11.1.2.4 MnM view
11.1.2.4.1 Key strengths/Right to win
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses/Competitive threats
11.1.3 ROCKWELL AUTOMATION
11.1.3.1 Business overview
11.1.3.2 Products/Solutions/Services offered
11.1.3.3 Recent developments
11.1.3.3.1 Product launches/Developments
11.1.3.3.2 Deals
11.1.3.3.3 Others
11.1.3.4 MnM view
11.1.3.4.1 Key strengths/Right to win
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses/Competitive threats
11.1.4 HONEYWELL INTERNATIONAL INC.
11.1.4.1 Business overview
11.1.4.2 Products/Solutions/Services offered
11.1.4.3 Recent developments
11.1.4.3.1 Deals
11.1.4.4 MnM view
11.1.4.4.1 Key strengths/Right to win
11.1.4.4.2 Strategic choices
11.1.4.4.3 Weaknesses/Competitive threats
11.1.5 ABB
11.1.5.1 Business overview
11.1.5.2 Products/Solutions/Services offered
11.1.5.3 Recent developments
11.1.5.3.1 Product launches/Developments
11.1.5.3.2 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths/Right to win
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses/Competitive threats
11.1.6 GENERAL ELECTRIC COMPANY
11.1.6.1 Business overview
11.1.6.2 Products/Solutions/Services offered
11.1.6.3 Recent developments
11.1.6.3.1 Product launches/Developments
11.1.6.3.2 Deals
11.1.7 OMRON CORPORATION
11.1.7.1 Business overview
11.1.7.2 Products/Solutions/Services offered
11.1.7.3 Recent developments
11.1.7.3.1 Product launches/Developments
11.1.7.3.2 Deals
11.1.8 ORACLE
11.1.8.1 Business overview
11.1.8.2 Products/Solutions/Services offered
11.1.9 MITSUBISHI ELECTRIC CORPORATION
11.1.9.1 Business overview
11.1.9.2 Products/Solutions/Services offered
11.1.9.3 Recent developments
11.1.9.3.1 Product launches/Developments
11.1.9.3.2 Deals
11.1.10 HEXAGON AB
11.1.10.1 Business overview
11.1.10.2 Products/Solutions/Services offered
11.1.10.3 Recent developments
11.1.10.3.1 Product launches/Developments
11.1.10.3.2 Deals
11.2 OTHER PLAYERS
11.2.1 42Q
11.2.2 DASSAULT SYST?MES
11.2.3 RENISHAW PLC
11.2.4 NIKON CORPORATION
11.2.5 EPICOR SOFTWARE CORPORATION
11.2.6 YOKOGAWA ELECTRIC CORPORATION
11.2.7 APPLIED MATERIALS, INC.
11.2.8 SPARKCOGNITION
11.2.9 AIBRAIN INC.
11.2.10 COGNEX CORPORATION
11.2.11 EMERSON ELECTRIC CO.
11.2.12 MICROSOFT
11.2.13 TELEDYNE TECHNOLOGIES INCORPORATED
11.2.14 SCHNEIDER ELECTRIC
11.2.15 GOOGLE
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
