MarketResearchReports.biz has added a new report to its vast database on machine technology. This latest report, titled “Global Industrial Automation Software Market 2016-2020,” is aimed at consumers that are looking to expand their horizons across industrial automation software as a provider. The report factually and statistically covers the dynamics of the global industrial automation software market from its past and present values and then extrapolating a market projection for the same till 2020.
According to the report, the global industrial automation software market is progressing at a CAGR of 6.39% within a forecast period from 2016 to 2020. The primary factor responsible for this positive growth rate of the market is the advantages that industrial automation software providers are gaining through the integration of software with design and enterprise features. The integration will help the players to cover a more diverse array of functionalities in the years to come.
The market is, however, hampered by the growing security concerns surrounding industrial automation software. The growing scope of connectivity within an industry also raises questions regarding the safeguarding of these software and their linked processes from outside threat. Software security measures have to be taken to ensure a high level of safety within these software. A common trend discussed in the report is the increasing appeal of using open-source industrial automation software. Open-source software provide many advantages such as a positive and active community and the greater rate of achieving bug fixes.
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Another key trend in the global industrial automation software is the migration of MES and SCADA software from being primarily computer-operated to being usable on mobile devices. Technological advancements have allowed mobile devices to possess the computing power to successfully run resource heavy software and applications, thereby allowing the user to free up a lot of time and space by using them. A lot of modern mobile devices can be used as HMIs that allow remote access to machines and data, therefore creating a more solid monitoring and feedback loop between machine and the user.
The report also provides a geographical segmentation of the global industrial automation software and elaborates on each key region and the rate at which they are advancing in the market. This allows a user to gauge the global industrial automation software in terms of its regionally shifting volumes of demand and how they can make the most of it.
The report provides its users with details on the key players in the global industrial automation software market in terms of their industry-based actions and how they have influenced the market so far. These companies include Siemens, Schneider Electric, Emerson Electric, and Rockwell Automation. Other prominent vendors mentioned in the report include ABB, Accenture, Parsec Automation, SAP, WERUM IT Solutions, Dassault Systmes, TCS, Honeywell International, HCL Technologies, Hitachi, and Wipro.