ABI Research SCADAHMI Software Market to Grow to US113 billion in 2033 as Manufacturers Face Ongoing Market Pressures and Seek to Drive Digital Transformation

NEW YORK, April 5, 2023 /PRNewswire/ — Supervisory Control and Data Acquisition (SCADA) and Human Machine Interface (HMI) software is at the core of modern manufacturing operations. According to analysis by global technology intelligence firm ABI Research, investment in SCADA/HMI software will reach US$11.3 billion in 2033 at a Compound Annual Growth Rate (CAGR) of 6.2%, up from US$6.17 billion in 2023, as manufacturers face ongoing margin pressures and seek to drive digital transformation. “The top spending manufacturing markets on SCADA/HMI software are computer and electronic manufacturing, machinery manufacturing, and other transport manufacturing (which includes aerospace, ship, and railroad manufacturing),”…