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SCADA Market Projected to Reach USD 16.9 Billion by 2030 with a 7.1% CAGR psmarketresearch.com
The SCADA market is expected to grow at a compound annual growth rate (CAGR) of 7.1%, reaching USD 16.9 billion by the end of this decade. This growth is driven by the widespread adoption of Industry 4.0 solutions utilizing SCADA devices, increasing use of software platforms such as IoT and AI, rising demand for industrial mobility solutions for effective process management, and the expanding deployment of wireless sensor networks (WSNs).