SCADA Market - Size, Industry Share, Growth Trends and Forecasts (2024 - 2032)

By Offerings:

Based on the offerings, the market is segmented into hardware, software, and services.

Trends in the Offerings:

• The increased cybersecurity measures, as well as integration with IoT and AI, are driving the need for the hardware segment, which in turn is boosting the SCADA market trends.
• The rising adoption of cloud-based SCADA solutions, which allow remote access and data analysis, is driving the need for the software segment, which in turn is boosting the SCADA market trends.

Hardware accounted for the largest revenue share of 57.83% in the year 2024.

• The hardware segment encompasses sensors and actuators, remote terminal units (RTUs), programmable logic controllers (PLCs), and others.
• The hardware components play a critical role in collecting, processing, and transmitting data, as well as controlling industrial processes.
• Additionally, the rising need for real-time data acquisition, process control, and system monitoring is driving the SCADA market share.
• Further, the increasing adoption of automated technologies and the need for smart, digitized production processes are driving the need for the hardware segment, which in turn is fueling the SCADA market share.
• For instance, Schneider Electric offers hardware required for the smooth function of the system, which includes PLC and PAC, among others, catering to the rising needs for industrial automation.
• Thus, as per the SCADA market analysis, the increasing adoption of automated technologies is driving the market progress.

Software is anticipated to register the fastest CAGR during the forecast period.

• The software segment is a key component in monitoring and controlling industrial processes by enabling users to monitor real-time data, manage alarms, and control equipment, among others.
• Additionally, the software segment offers numerous advantages, including enhanced operational efficiency, improved safety, and reduced costs in turn boosts the SCADA market size.
• Further, the shift towards smart factories and Industry 4.0 initiatives is driving the adoption of the software segment, which in turn boosts the SCADA market size.
• Therefore, as per the market analysis, the shift towards smart factories and Industry 4.0 initiatives is anticipated to boost the market during the forecast period.

By Component:

Based on the component, the market is segmented into programmable logic controllers (PLC), human machine interfaces (HMI), remote terminal units (RTU), communication systems, and others.

Trends in the Component:

• The trend towards rapid advancement in RTUs to support edge computing, to enable real-time data processing, reduce latency, and others in various applications.
• The trend towards rising adoption of wireless communication technologies, such as 5G, to provide faster and more reliable data transmission in remote and challenging environments, is driving the need for communication systems.

Programmable Logic Controllers (PLC) accounted for the largest revenue share in the year 2024.

• PLCs are essentially specialized computers used to automate manufacturing processes at the machine or process level.
• Also, the PLC system provides real-time feedback as well as offers high flexibility and reliability in automation is boosting the market adoption.
• Further, the adoption of smart manufacturing and increased productivity in modern industries is boosting the need for PLCs.
• In June 2023, WEG launched PLC500MC for the motion controller and PLC500ED for the edge device. The product portfolio is designed to provide advanced control capabilities for robots and others. Also, the edge device enables high-complexity operations.
• Thus, as per the SCADA market analysis, the adoption of smart manufacturing is driving the need for PLCs, in turn fueling the market trends.

Human Machine Interfaces (HMI) are anticipated to register the fastest CAGR during the forecast period.

• HMI is a technology that allows humans to interact with machines, making easily and control systems in various ways.
• Also, HMI systems help operators identify and address potential safety hazards, minimizing risks and preventing accidents. Additionally, HMIs are user-friendly, enabling operators to easily oversee and manage the system.
• Further, the AI integration with HMI enables operational efficiency by allowing tracking of equipment vibration, temperatures, and other parameters, which in turn is fueling the market progress.
• Therefore, as per the market analysis, the AI integration with HMI is anticipated to boost the market during the forecast period.

By Deployment:

Based on the deployment, the market is segmented into on-premises, cloud-based, and hybrid.

Trends in the Deployment:

• The rising need for customization in operations is boosting the adoption of on-premise deployment of systems.
• The rising need for subscription-based models is boosting the need for cloud-based deployment, which in turn is fueling the market progress.

On-premise accounted for the largest revenue share in the year 2024.

• On-premise deployment encompasses the hardware and software located and managed at the facility or site, offering control and management of the system.
• Additionally, the on-premise deployments are tailored to meet specific operational needs by offering unique configurations and functionalities, which in turn is boosting the adoption of on-premise deployments.
• Further, the rising security concerns and increased customization requirements are boosting the adoption of on-premise deployment, which in turn is driving the market progress.
• Thus, the aforementioned factors are driving the market progress.

Cloud-based is anticipated to register the fastest CAGR during the forecast period.

• Cloud-based systems are deployed on remote servers and accessed via the Internet.
• Additionally, the key advantages of cloud-based deployments include cost savings, scalability, and flexibility, which in turn fuels the market development.
• Further, the cloud deployment eliminates the need for expensive hardware and software licenses, reducing the initial capital expenditure.
• Furthermore, a cloud-based system allows for real-time monitoring and control with an internet connection, in turn improving incident response and reducing the need for on-site presence.
• Therefore, as per the market analysis, the aforementioned advantages are anticipated to boost the market during the forecast period.

By End-User:

Based on the end user, the market is segmented into industrial manufacturing, oil and gas, telecommunication, food and beverages, automotive, transportation, and others.

Trends in the End User:

• The rising adoption of systems by the automotive and transportation sector for enabling vehicle tracking and production monitoring, aiming for efficiency and safety in operations.
• The rising adoption of supervisory data acquisition and control systems in the telecommunication sector is to monitor and manage network performance, which in turn helps to maintain network reliability and performance.

Industrial manufacturing accounted for the largest revenue share in the year 2024 and is anticipated to register the fastest CAGR during the forecast period.

• The increasing need to monitor operations in facilities, as well as the growing demand for automation, is driving the need for supervisory data acquisition and control systems in industrial manufacturing.
• Additionally, the systems provide real-time insights into operations, enabling faster decision-making, improved efficiency, and reduced downtime, driving adoption in industrial manufacturing.
• Further, the rise of Industry 4.0, remote monitoring and control, and the integration of digital technologies like IoT and AI are driving the market adoption in industrial manufacturing.
• For instance, JHC Technology Development Co. deployed KMDA-6920, equipped with a supervisory control and data acquisition system in an Indian smart steel plant designed to provide an efficient and reliable production monitoring platform
• Thus, as per the market analysis, the aforementioned factors are driving the market progress.

SCADA Market Regional Analysis:

The regions covered are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

The Asia Pacific region was valued at USD 2,973.05 Million in 2024. Moreover, it is projected to grow by USD 3,284.70 Million in 2025 and reach over USD 7,556.71 Million by 2032. Out of this, China accounted for the maximum revenue share of 30.30%. The market progress is mainly driven by the rising adoption of Industry 4.0 technologies. Furthermore, factors including rapid urbanization and infrastructure development are projected to drive the market growth in the Asia Pacific region during the forecast period.     

• For instance, in March 2021, Mitsubishi Electric (Japan) expanded the supervisory control and data acquisitionsoftware product portfolio with the launch of GENESIS64 Basic and GENESIS64 Advanced. The launch aims to cater to rising IoT needs in process automation and monitoring. Also, the software features voice commands and AI smart speakers for monitoring and control.

North America is estimated to reach over USD 8,921.19 Million by 2032 from a value of USD 3,591.21 Million in 2024 and is projected to grow by USD 3,959.96 Million in 2025. The North American region's growing focus on the integration of renewable energy sources offers lucrative growth prospects for the market. Additionally, the rising need for smart factories for real-time monitoring, control, and automation of industrial processes is driving the market progress.

• For instance, Inductive Automation (USA) launched Ignition, which is a supervisory control and data acquisition software integrated with HMI and MES into a single solution. It provides real-time control and monitoring, enhanced security, easy expandability, and a wide range of MES modules.

The regional analysis depicts that the increasing investments in intelligent grid systems and the adoption of renewable energy sources are driving the market in Europe. Additionally, the key factor driving the market is the rising demand in industries such as oil and gas, power, water, and manufacturing, as well as government initiatives promoting smart grids are propelling the market adoption in the Middle East and African region. Further, the digital transformation and urbanization are paving the way for the progress of the market in the Latin American region.