産業用ソフトウェア市場 – 2029年までの世界予測

Industrial Software Market - Global Forecast To 2029

産業用ソフトウェア市場 - タイプ (製造実行システム、SCADA、ヒューマンマシンインターフェイス、ロボットソフトウェア、故障検出と分類、製造におけるAl、産業計測)、エンドユース (プロセス、ディスクリート) - 2029年までの世界予測
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
出版年月2024年6月
ページ数264
図表数223
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

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.

世界の産業用ソフトウェア市場は、2024 年に 215 億米ドルと評価され、2029 年までに 466 億米ドルに達すると推定されており、予測期間中に 16.7% の CAGR を記録します。

産業用ソフトウェア市場 - 2029年までの世界予測

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..

産業用ソフトウェア市場 - 2029年までの世界予測 ecosystem

“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%

産業用ソフトウェア市場 - 2029年までの世界予測 region

Siemens (Germany), Rockwell Automation (US), ABB (Switzerland), Emerson Electric Co. (US) and General Electric (US) among others, are some of the key players in the industrial software market.

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.

Table of Contents

1            INTRODUCTION            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION   23

1.3         STUDY SCOPE  24

1.3.1      MARKETS COVERED     24

1.3.2      INCLUSIONS AND EXCLUSIONS 25

1.3.3      REGIONAL SCOPE         25

1.3.4      YEARS CONSIDERED     26

1.4         CURRENCY CONSIDERED          26

1.5         UNITS CONSIDERED     26

1.6         LIMITATIONS   26

1.7         STAKEHOLDERS            27

1.8         RECESSION IMPACT      27

2            RESEARCH METHODOLOGY     28

2.1         RESEARCH DATA           28

2.1.1      SECONDARY AND PRIMARY RESEARCH 30

2.1.2      SECONDARY DATA       30

2.1.2.1   List of key secondary sources           31

2.1.2.2   Key data from secondary sources     31

2.1.3      PRIMARY DATA 32

2.1.3.1   List of major primary interview participants   32

2.1.3.2   Breakdown of primaries     33

2.1.3.3   Key industry insights          33

2.1.3.4   Key data from primary sources         34

2.2         MARKET SIZE ESTIMATION       34

2.2.1      BOTTOM-UP APPROACH           35

2.2.1.1   Approach to estimate market size using bottom-up analysis       35

2.2.2      TOP-DOWN APPROACH             36

2.2.2.1   Approach to estimate market size using top-down analysis         36

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    38

2.4         RESEARCH ASSUMPTIONS         39

2.5         IMPACT OF RECESSION 39

2.6         RESEARCH LIMITATIONS           40

2.7         RISK ANALYSIS 40

3            EXECUTIVE SUMMARY 41

4            PREMIUM INSIGHTS      44

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL SOFTWARE MARKET     44

4.2         INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY   44

4.3         INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY     45

4.4         INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY      45

4.5         INDUSTRIAL SOFTWARE MARKET, BY REGION 46

5            MARKET OVERVIEW     47

5.1         INTRODUCTION            47

5.2         MARKET DYNAMICS     48

5.2.1      DRIVERS            48

5.2.1.1   Growing need for connected supply chain in manufacturing sector          48

5.2.1.2   Increasing importance of real-time data in performing process analysis and predictive maintenance      49

5.2.1.3   Integration of AI and ML into discrete and process industries    49

5.2.1.4   Government-led investments in AI, HMI, and IIoT      50

5.2.1.5   Increasing demand for fault detection and classification solutions            51

5.2.2      RESTRAINTS     52

5.2.2.1   High installation and maintenance costs         52

5.2.2.2   Complexities associated with integrating components with existing infrastructure              53

5.2.2.3   Requirement for high level of technical expertise         54

5.2.3      OPPORTUNITIES           55

5.2.3.1   Integration of MES with enterprise resource planning and product lifecycle management solutions       55

5.2.3.2   Rising shift from on-premises to cloud-based SCADA systems   55

5.2.3.3   Increasing adoption of cloud services to store and analyze metrological data              55

5.2.4      CHALLENGES   56

5.2.4.1   Susceptibility to cyberattacks           56

5.2.4.2   High operational costs of 3D metrology systems          57

5.3         SUPPLY CHAIN ANALYSIS          58

5.4         ECOSYSTEM ANALYSIS 59

5.5         INVESTMENT AND FUNDING SCENARIO            60

5.6         PRICING ANALYSIS        61

5.6.1      INDICATIVE LICENSE/SUBSCRIPTION COST OF KEY PLAYERS   61

5.6.2      INDICATIVE LICENSE/SUBSCRIPTION COST, BY REGION            62

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 63

5.8         TECHNOLOGY ANALYSIS           64

5.8.1      KEY TECHNOLOGIES    64

5.8.1.1   IoT        64

5.8.1.2   Cloud computing 64

5.8.1.3   AI          64

5.8.1.4   Next-generation SCADA   65

5.8.2      COMPLEMENTARY TECHNOLOGIES     65

5.8.2.1   5G         65

5.8.3      ADJACENT TECHNOLOGIES      65

5.8.3.1   Next-generation HMI        65

5.9         PORTER’S FIVE FORCES ANALYSIS         66

5.9.1      BARGAINING POWER OF SUPPLIERS     67

5.9.2      BARGAINING POWER OF BUYERS           67

5.9.3      THREAT OF NEW ENTRANTS    67

5.9.4      THREAT OF SUBSTITUTES         68

5.9.5      INTENSITY OF COMPETITIVE RIVALRY 68

5.10       KEY STAKEHOLDERS AND BUYING CRITERIA    68

5.10.1    KEY STAKEHOLDERS IN BUYING PROCESS         68

5.10.2    BUYING CRITERIA         69

5.11       CASE STUDY ANALYSIS 70

5.11.1    ELMWOOD RECLAIMED TIMBER ADOPTED SIEMENS’ APS SOLUTION TO IMPROVE DELIVERY TIMELINESS AND ELIMINATE MANUAL SCHEDULING ISSUES  70

5.11.2    PHARMA COMPANY DEPLOYED SIEMENS’ MES OPCENTER EXECUTION DEVICE FOR AUTOMATED AND PAPERLESS MANUFACTURING              70

5.11.3    SAFRAN CERAMICS INSTALLED INFODREAM’S MES SOFTWARE TO MONITOR AND DIGITALIZE PRODUCTION PROCESSES 71

5.11.4    LONZA ACHIEVED COMPLIANCE WITH FDA REGULATIONS AND REDUCED DATA ENTRY ERRORS WITH ROCKWELL AUTOMATION’S FACTORYTALK PHARMASUITE 71

5.11.5    MADTREE BREWING AND THERMALTECH ENGINEERING CHOSE INDUCTIVE AUTOMATION’S IGNITION TO IMPROVE PRODUCTION AND ANALYSIS          72

5.11.6    OVARRO OFFERED EMS STREAM WEBSCADA PLATFORM TO PROVIDE

REAL-TIME INSIGHTS INTO MANUFACTURING PROCESSES       73

5.12       TRADE ANALYSIS          73

5.12.1    IMPORT DATA (HS CODE 903289)           74

5.12.2    EXPORT DATA (HS CODE 903289)           74

5.13       PATENT ANALYSIS        75

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     80

5.15       REGULATORY LANDSCAPE       81

5.15.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          82

5.15.2    MAJOR STANDARDS RELATED TO INDUSTRIAL SOFTWARE MARKET              84

5.15.3    REGULATIONS 85

6            EMERGING TRENDS IN INDUSTRIAL SOFTWARE MARKET          88

6.1         LATEST TRENDS IN INDUSTRIAL SOFTWARE MARKET  88

6.1.1      IIOT      88

6.1.2      AI AND ML        88

6.1.3      DIGITAL TWINS             88

6.1.4      CLOUD COMPUTING    89

6.1.5      EDGE COMPUTING       89

6.1.6      CYBERSECURITY           89

6.1.7      SUSTAINABILITY AND GREEN MANUFACTURING          89

6.1.8      ADVANCED ROBOTICS AND AUTOMATION      89

6.1.9      5G CONNECTIVITY        89

6.1.10    BIG DATA ANALYTICS  90

6.1.11    USER-FRIENDLY INTERFACES AND CUSTOMIZATION   90

6.1.12    BLOCKCHAIN   90

7            INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY   91

7.1         INTRODUCTION            92

7.2         MES      94

7.2.1      BY DEPLOYMENT          95

7.2.1.1   On-premises        95

7.2.1.1.1 Security concerns to boost deployment          95

7.2.1.2   On-demand         95

7.2.1.2.1 Reduced need for manual labor in IT departments to drive market           95

7.2.1.3   Hybrid   95

7.2.1.3.1 Ability to provide scalability, agility, and flexibility to business processes to foster segmental growth 95

7.3         SCADA 99

7.3.1      INCREASING NEED TO MANAGE CONFIDENTIAL DATA TO BOOST DEMAND           99

7.4         HMI      103

7.4.1      BY DEPLOYMENT          104

7.4.1.1   On-premises        104

7.4.1.1.1 Growing demand for low latency and robust data security to drive market              104

7.4.1.2   Cloud-based        104

7.4.1.2.1 Ability to provide virtual accessibility in remote monitoring to spur demand              104

7.5         AI IN MANUFACTURING             107

7.5.1      AI SOLUTIONS  108

7.5.1.1   By deployment    109

7.5.1.1.1 On-premises        109

7.5.1.1.1.1           Increasing focus on developing new cloud business models for NLP and ML tools to drive market    109

7.5.1.1.2 Cloud-based        109

7.5.1.1.2.1           Integration of NLP and ML tools with AI to drive market          109

7.5.2      AI PLATFORMS 110

7.5.2.1   By platform type  110

7.5.2.1.1 Machine learning framework           110

7.5.2.1.1.1           Increasing collaborations among established players to offer lucrative growth opportunities         110

7.5.2.1.2 API        111

7.5.2.1.2.1           Ease of developing program with building blocks to boost demand              111

7.6         ROBOTIC SOFTWARE   114

7.6.1      BY TYPE             114

7.6.1.1   Simulation           114

7.6.1.1.1 Ability to offer virtual modeling, testing, and visualization of robotic systems to drive market        114

7.6.1.2   Predictive maintenance     114

7.6.1.2.1 Growing incorporation into robot software to prevent position deviation to boost demand 114

7.6.1.3   Communication management          115

7.6.1.3.1 Presence of centralized platform to control, monitor, and perform complex tasks effectively to spur demand 115

7.6.1.4   Data management and analysis        115

7.6.1.4.1 Increasing demand for multi-language support and data security to drive market              115

7.6.1.5   Recognition         115

7.6.1.5.1 Pressing need to address language- and dialog-related challenges to accelerate demand 115

7.7         FAULT DETECTION AND CLASSIFICATION        119

7.7.1      RISING CRITICALITY OF INFRASTRUCTURE SYSTEMS TO FOSTER SEGMENTAL GROWTH 119

7.8         INDUSTRIAL METROLOGY        122

7.8.1      ABILITY TO FACILITATE REAL-TIME COLLABORATION AMONG MULTIPLE USERS TO DRIVE DEMAND  122

8            INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY     126

8.1         INTRODUCTION            127

8.2         PROCESS INDUSTRIES  128

8.2.1      FOOD & BEVERAGES     131

8.2.1.1   Growing demand for processed food among expanding population to boost demand 131

8.2.2      OIL & GAS          132

8.2.2.1   Improved decision-making through comprehensive data insights to accelerate demand 132

8.2.3      CHEMICAL        133

8.2.3.1   Rising reliance of chemical manufacturers on automated solutions to fuel market growth   133

8.2.4      PHARMACEUTICALS     133

8.2.4.1   Pressing need for infection-free environment to drive market    133

8.2.5      ENERGY & POWER         134

8.2.5.1   Growing industrialization to spur demand     134

8.2.6      WATER & WASTEWATER TREATMENT  135

8.2.6.1   Increasing need to tackle sewage and wastewater challenges to foster segmental growth   135

8.2.7      OTHER PROCESS INDUSTRIES  135

8.3         DISCRETE INDUSTRIES 135

8.3.1      AUTOMOTIVE  138

8.3.1.1   Ability to identify manufacturing and maintenance issues to drive demand              138

8.3.2      AEROSPACE      138

8.3.2.1   Increasing focus on improving product quality and shortening production cycle to fuel market growth             138

8.3.3      ELECTRONICS & SEMICONDUCTORS    139

8.3.3.1   Rising data volume from manufacturing value chain to accelerate demand              139

8.3.4      OTHER DISCRETE INDUSTRIES 140

9            INDUSTRIAL SOFTWARE MARKET, BY REGION 141

9.1         INTRODUCTION            142

9.2         NORTH AMERICA          144

9.2.1      RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN NORTH AMERICA           144

9.2.2      US         147

9.2.2.1   Government-led initiatives to develop manufacturing technologies to boost demand 147

9.2.3      CANADA            147

9.2.3.1   Increasing adoption of SCADA, AI, and IIoT in manufacturing sector to drive demand 147

9.2.4      MEXICO             148

9.2.4.1   Thriving manufacturing sector to fuel market growth   148

9.3         EUROPE             149

9.3.1      RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN EUROPE              149

9.3.2      UK         152

9.3.2.1   Growing number of startups and SMEs to offer lucrative growth opportunities              152

9.3.3      GERMANY         152

9.3.3.1   Rising demand for remote monitoring in automobile companies to drive market              152

9.3.4      FRANCE             153

9.3.4.1   Increasing emphasis on modernizing production systems and developing advanced production processes to spur demand            153

9.3.5      REST OF EUROPE           153

9.4         ASIA PACIFIC    154

9.4.1      RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ASIA PACIFIC             154

9.4.2      CHINA  157

9.4.2.1   Government-led initiatives to develop IIoT capabilities in semiconductor and manufacturing sectors to accelerate demand  157

9.4.3      JAPAN  158

9.4.3.1   Introduction of Society 5.0 to offer lucrative growth opportunities           158

9.4.4      SOUTH KOREA 158

9.4.4.1   Thriving manufacturing sector to drive market            158

9.4.5      REST OF ASIA PACIFIC  159

9.5         ROW     159

9.5.1      RECESSION IMPACT ON INDUSTRIAL SOFTWARE MARKET IN ROW              159

9.5.2      SOUTH AMERICA           161

9.5.2.1   Growing adoption of IoT-based devices in manufacturing sector to foster market growth   161

9.5.3      MIDDLE EAST & AFRICA             162

9.5.3.1   Rising focus of oil & gas companies on improving productivity and reducing waste to spike demand   162

9.5.3.2   GCC      163

9.5.3.3   Africa & Rest of Middle East            163

10          COMPETITIVE LANDSCAPE       165

10.1       OVERVIEW        165

10.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024     165

10.3       MARKET SHARE ANALYSIS, 2023             166

10.4       REVENUE ANALYSIS, 2019–2023 168

10.5       COMPANY VALUATION AND FINANCIAL METRICS        169

10.6       BRAND/PRODUCT COMPARISON          170

10.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   171

10.7.1    STARS  171

10.7.2    EMERGING LEADERS    171

10.7.3    PERVASIVE PLAYERS     171

10.7.4    PARTICIPANTS 171

10.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      173

10.7.5.1 Company footprint            173

10.7.5.2 Deployment footprint        174

10.7.5.3 End-user industry footprint             175

10.7.5.4 Region footprint  176

10.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          177

10.8.1    PROGRESSIVE COMPANIES       177

10.8.2    RESPONSIVE COMPANIES          177

10.8.3    DYNAMIC COMPANIES 177

10.8.4    STARTING BLOCKS       177

10.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             179

10.8.5.1 Detailed list of key startups/SMEs   179

10.8.5.2 Competitive benchmarking of key startups/SMEs        180

10.9       COMPETITIVE SCENARIO AND TRENDS             180

10.9.1    PRODUCT LAUNCHES/DEVELOPMENTS            180

10.9.2    DEALS  182

10.9.3    OTHERS             184

11          COMPANY PROFILES    185

11.1       KEY PLAYERS   185

11.1.1    SIEMENS            185

11.1.1.1 Business overview 185

11.1.1.2 Products/Solutions/Services offered 187

11.1.1.3 Recent developments         189

11.1.1.3.1            Product launches/Developments     189

11.1.1.3.2            Deals     192

11.1.1.4 MnM view           193

11.1.1.4.1            Key strengths/Right to win 193

11.1.1.4.2            Strategic choices  193

11.1.1.4.3            Weaknesses/Competitive threats     193

11.1.2    SAP       194

11.1.2.1 Business overview 194

11.1.2.2 Products/Solutions/Services offered 195

11.1.2.3 Recent developments         197

11.1.2.3.1            Deals     197

11.1.2.4 MnM view           197

11.1.2.4.1            Key strengths/Right to win 197

11.1.2.4.2            Strategic choices  197

11.1.2.4.3            Weaknesses/Competitive threats     197

11.1.3    ROCKWELL AUTOMATION        198

11.1.3.1 Business overview 198

11.1.3.2 Products/Solutions/Services offered 199

11.1.3.3 Recent developments         201

11.1.3.3.1            Product launches/Developments     201

11.1.3.3.2            Deals     202

11.1.3.3.3            Others   203

11.1.3.4 MnM view           203

11.1.3.4.1            Key strengths/Right to win 203

11.1.3.4.2            Strategic choices  203

11.1.3.4.3            Weaknesses/Competitive threats     204

11.1.4    HONEYWELL INTERNATIONAL INC.      205

11.1.4.1 Business overview 205

11.1.4.2 Products/Solutions/Services offered 206

11.1.4.3 Recent developments         207

11.1.4.3.1            Deals     207

11.1.4.4 MnM view           207

11.1.4.4.1            Key strengths/Right to win 207

11.1.4.4.2            Strategic choices  207

11.1.4.4.3            Weaknesses/Competitive threats     207

11.1.5    ABB       208

11.1.5.1 Business overview 208

11.1.5.2 Products/Solutions/Services offered 210

11.1.5.3 Recent developments         212

11.1.5.3.1            Product launches/Developments     212

11.1.5.3.2            Deals     212

11.1.5.4 MnM view           213

11.1.5.4.1            Key strengths/Right to win 213

11.1.5.4.2            Strategic choices  213

11.1.5.4.3            Weaknesses/Competitive threats     213

11.1.6    GENERAL ELECTRIC COMPANY 214

11.1.6.1 Business overview 214

11.1.6.2 Products/Solutions/Services offered 215

11.1.6.3 Recent developments         216

11.1.6.3.1            Product launches/Developments     216

11.1.6.3.2            Deals     218

11.1.7    OMRON CORPORATION             219

11.1.7.1 Business overview 219

11.1.7.2 Products/Solutions/Services offered 220

11.1.7.3 Recent developments         221

11.1.7.3.1            Product launches/Developments     221

11.1.7.3.2            Deals     222

11.1.8    ORACLE             223

11.1.8.1 Business overview 223

11.1.8.2 Products/Solutions/Services offered 224

11.1.9    MITSUBISHI ELECTRIC CORPORATION 225

11.1.9.1 Business overview 225

11.1.9.2 Products/Solutions/Services offered 227

11.1.9.3 Recent developments         228

11.1.9.3.1            Product launches/Developments     228

11.1.9.3.2            Deals     228

11.1.10  HEXAGON AB   230

11.1.10.1             Business overview 230

11.1.10.2             Products/Solutions/Services offered 231

11.1.10.3             Recent developments         233

11.1.10.3.1          Product launches/Developments     233

11.1.10.3.2          Deals     237

11.2       OTHER PLAYERS           241

11.2.1    42Q       241

11.2.2    DASSAULT SYSTÈMES   242

11.2.3    RENISHAW PLC 243

11.2.4    NIKON CORPORATION 244

11.2.5    EPICOR SOFTWARE CORPORATION      245

11.2.6    YOKOGAWA ELECTRIC CORPORATION 246

11.2.7    APPLIED MATERIALS, INC.         247

11.2.8    SPARKCOGNITION        248

11.2.9    AIBRAIN INC.    249

11.2.10  COGNEX CORPORATION           250

11.2.11  EMERSON ELECTRIC CO.           251

11.2.12  MICROSOFT      252

11.2.13  TELEDYNE TECHNOLOGIES INCORPORATED   253

11.2.14  SCHNEIDER ELECTRIC 254

11.2.15  GOOGLE           256

12          APPENDIX         257

12.1       INSIGHTS FROM INDUSTRY EXPERTS   257

12.2       DISCUSSION GUIDE      257

12.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             260

12.4       CUSTOMIZATION OPTIONS      262

12.5       RELATED REPORTS       262

12.6       AUTHOR DETAILS         263

LIST OF TABLES

TABLE 1             BENEFITS OF MES          50

TABLE 2             ROLES OF COMPANIES IN INDUSTRIAL SOFTWARE ECOSYSTEM     59

TABLE 3             INDICATIVE LICENSE/SUBSCRIPTION COST OF MES OFFERED BY THREE KEY PLAYERS (USD) 61

TABLE 4             INDICATIVE SUBSCRIPTION COST OF MES (USD)           61

TABLE 5             INDICATIVE COST RANGE OF MES (USD)           62

TABLE 6             INDUSTRIAL SOFTWARE MARKET: PORTER’S FIVE FORCES ANALYSIS          66

TABLE 7             INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY DISCRETE INDUSTRY (%)           69

TABLE 8             KEY BUYING CRITERIA, BY DISCRETE INDUSTRY            69

TABLE 9             LIST OF APPLIED/GRANTED PATENTS RELATED TO INDUSTRIAL SOFTWARE,

2021–2024          76

TABLE 10           INDUSTRIAL SOFTWARE MARKET: LIST OF CONFERENCES AND EVENTS,

2024–2025          80

TABLE 11           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

TABLE 12           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

TABLE 13           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         83

TABLE 14           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         83

TABLE 15           MAJOR COMMUNICATION STANDARDS FOR SCADA SYSTEMS              84

TABLE 16           INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)     93

TABLE 17           INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)     93

TABLE 18           MES: INDUSTRIAL SOFTWARE MARKET, BY DEPLOYMENT,

2020–2023 (USD MILLION)          96

TABLE 19           MES: INDUSTRIAL SOFTWARE MARKET, BY DEPLOYMENT,

2024–2029 (USD MILLION)          96

TABLE 20           MES: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2020–2023 (USD MILLION)          96

TABLE 21           MES: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2024–2029 (USD MILLION)          96

TABLE 22           MES: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2020–2023 (USD MILLION)          97

TABLE 23           MES: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2024–2029 (USD MILLION)          97

TABLE 24           MES: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2020–2023 (USD MILLION)          97

TABLE 25           MES: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2024–2029 (USD MILLION)          98

TABLE 26           MES: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION) 98

TABLE 27           MES: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 98

TABLE 28           SCADA: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION).  100

TABLE 29           SCADA: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2024–2029 (USD MILLION)          101

TABLE 30           SCADA: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2020–2023 (USD MILLION)          101

TABLE 31           SCADA: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2024–2029 (USD MILLION)          101

TABLE 32           SCADA: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2020–2023 (USD MILLION)          102

TABLE 33           SCADA: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2024–2029 (USD MILLION)          102

TABLE 34           SCADA: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION)     102

TABLE 35           SCADA: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)     103

TABLE 36           HMI: INDUSTRIAL SOFTWARE MARKET, BY DEPLOYMENT,

2020–2023 (USD MILLION)          105

TABLE 37           HMI: INDUSTRIAL SOFTWARE MARKET, BY DEPLOYMENT,

2024–2029 (USD MILLION)          105

TABLE 38           HMI: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2020–2023 (USD MILLION)          105

TABLE 39           HMI: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2024–2029 (USD MILLION)          105

TABLE 40           HMI: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2020–2023 (USD MILLION)          106

TABLE 41           HMI: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2024–2029 (USD MILLION)          106

TABLE 42           HMI: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2020–2023 (USD MILLION)          106

TABLE 43           HMI: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2024–2029 (USD MILLION)          107

TABLE 44           HMI: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION) 107

TABLE 45           HMI: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 107

TABLE 46           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY TYPE,

2020–2023 (USD MILLION)          108

TABLE 47           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY TYPE,

2024–2029 (USD MILLION)          108

TABLE 48           AI SOLUTIONS: AI IN MANUFACTURING MARKET, BY DEPLOYMENT,

2020–2023 (USD MILLION)          108

TABLE 49           AI SOLUTIONS: AI IN MANUFACTURING MARKET, BY DEPLOYMENT,

2024–2029 (USD MILLION)          109

TABLE 50           AI PLATFORMS: AI IN MANUFACTURING MARKET, BY PLATFORM TYPE,

2020–2023 (USD MILLION)          111

TABLE 51           AI PLATFORMS: AI IN MANUFACTURING MARKET, BY PLATFORM TYPE,

2024–2029 (USD MILLION)          111

TABLE 52           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)           111

TABLE 53           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)           112

TABLE 54           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2020–2023 (USD MILLION) 112

TABLE 55           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2024–2029 (USD MILLION) 112

TABLE 56           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2020–2023 (USD MILLION)            112

TABLE 57           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2024–2029 (USD MILLION)            113

TABLE 58           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2020–2023 (USD MILLION)          113

TABLE 59           AI IN MANUFACTURING: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2024–2029 (USD MILLION)          113

TABLE 60           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY TYPE,

2020–2023 (USD MILLION)          116

TABLE 61           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY TYPE,

2024–2029 (USD MILLION)          117

TABLE 62           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)           117

TABLE 63           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)           117

TABLE 64           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2020–2023 (USD MILLION) 117

TABLE 65           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2024–2029 (USD MILLION) 118

TABLE 66           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2020–2023 (USD MILLION)            118

TABLE 67           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2024–2029 (USD MILLION)            118

TABLE 68           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2020–2023 (USD MILLION)          118

TABLE 69           ROBOTIC SOFTWARE: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2024–2029 (USD MILLION)          119

TABLE 70           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY END-USER INDUSTRY, 2020–2023 (USD MILLION)      119

TABLE 71           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY END-USER INDUSTRY, 2024–2029 (USD MILLION)      120

TABLE 72           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY PROCESS INDUSTRY, 2020–2023 (USD MILLION)        120

TABLE 73           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY PROCESS INDUSTRY, 2024–2029 (USD MILLION)        120

TABLE 74           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY DISCRETE INDUSTRY, 2020–2023 (USD MILLION)      120

TABLE 75           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY DISCRETE INDUSTRY, 2024–2029 (USD MILLION)      121

TABLE 76           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY REGION, 2020–2023 (USD MILLION)  121

TABLE 77           FAULT DETECTION AND CLASSIFICATION: INDUSTRIAL SOFTWARE MARKET,

BY REGION, 2024–2029 (USD MILLION)  121

TABLE 78           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION)      123

TABLE 79           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION)      123

TABLE 80           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2020–2023 (USD MILLION)        123

TABLE 81           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY, 2024–2029 (USD MILLION)        124

TABLE 82           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2020–2023 (USD MILLION)      124

TABLE 83           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY, 2024–2029 (USD MILLION)      124

TABLE 84           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2020–2023 (USD MILLION)          124

TABLE 85           INDUSTRIAL METROLOGY: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2024–2029 (USD MILLION)          125

TABLE 86           INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2020–2023 (USD MILLION)          127

TABLE 87           INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY,

2024–2029 (USD MILLION)          127

TABLE 88           INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2020–2023 (USD MILLION)          129

TABLE 89           INDUSTRIAL SOFTWARE MARKET, BY PROCESS INDUSTRY,

2024–2029 (USD MILLION)          130

TABLE 90           PROCESS INDUSTRY: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          130

TABLE 91           PROCESS INDUSTRY: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          131

TABLE 92           INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2020–2023 (USD MILLION)          136

TABLE 93           INDUSTRIAL SOFTWARE MARKET, BY DISCRETE INDUSTRY,

2024–2029 (USD MILLION)          136

TABLE 94           DISCRETE INDUSTRY: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          137

TABLE 95           DISCRETE INDUSTRY: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          137

TABLE 96           INDUSTRIAL SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION)          142

TABLE 97           INDUSTRIAL SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION)          143

TABLE 98           NORTH AMERICA: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          145

TABLE 99           NORTH AMERICA: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          146

TABLE 100         NORTH AMERICA: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          146

TABLE 101         NORTH AMERICA: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          146

TABLE 102         EUROPE: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          150

TABLE 103         EUROPE: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          151

TABLE 104        EUROPE: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          151

TABLE 105        EUROPE: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          151

TABLE 106        ASIA PACIFIC: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          155

TABLE 107        ASIA PACIFIC: INDUSTRIAL SOFTWARE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          156

TABLE 108         ASIA PACIFIC: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          156

TABLE 109         ASIA PACIFIC: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          157

TABLE 110         ROW: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2020–2023 (USD MILLION) 160

TABLE 111         ROW: INDUSTRIAL SOFTWARE MARKET, BY REGION, 2024–2029 (USD MILLION) 160

TABLE 112         ROW: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)          160

TABLE 113         ROW: INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)          161

TABLE 114         MIDDLE EAST & AFRICA: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2020–2023 (USD MILLION)          162

TABLE 115         MIDDLE EAST & AFRICA: INDUSTRIAL SOFTWARE MARKET, BY REGION,

2024–2029 (USD MILLION)          162

TABLE 116         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024     165

TABLE 117         INDUSTRIAL SOFTWARE MARKET: DEGREE OF COMPETITION, 2023      166

TABLE 118         INDUSTRIAL SOFTWARE MARKET: COMPANY DEPLOYMENT FOOTPRINT      174

TABLE 119         INDUSTRIAL SOFTWARE MARKET: END-USER INDUSTRY FOOTPRINT      175

TABLE 120         INDUSTRIAL SOFTWARE MARKET: REGION FOOTPRINT              176

TABLE 121         INDUSTRIAL SOFTWARE MARKET: DETAILED LIST OF KEY STARTUPS/SMES           179

TABLE 122         INDUSTRIAL SOFTWARE MARKET FOR MES TECHNOLOGY:

COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         180

TABLE 123         INDUSTRIAL SOFTWARE MARKET: PRODUCT LAUNCHES/DEVELOPMENTS,

JULY 2019–APRIL 2024   180

TABLE 124         INDUSTRIAL SOFTWARE MARKET: DEALS, JULY 2019– APRIL 2024      182

TABLE 125         INDUSTRIAL SOFTWARE MARKET: OTHERS, JULY 2019– APRIL 2024      184

TABLE 126         SIEMENS: COMPANY OVERVIEW            185

TABLE 127         SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              187

TABLE 128         SIEMENS: PRODUCT LAUNCHES/DEVELOPMENTS        189

TABLE 129         SIEMENS: DEALS            192

TABLE 130         SAP: COMPANY OVERVIEW       194

TABLE 131         SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED        195

TABLE 132         SAP: DEALS       197

TABLE 133         ROCKWELL AUTOMATION: COMPANY OVERVIEW        198

TABLE 134         ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   199

TABLE 135         ROCKWELL AUTOMATION: PRODUCT LAUNCHES/DEVELOPMENTS   201

TABLE 136         ROCKWELL AUTOMATION: DEALS        202

TABLE 137         ROCKWELL AUTOMATION: OTHERS     203

TABLE 138         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              205

TABLE 139         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   206

TABLE 140         HONEYWELL INTERNATIONAL INC.: DEALS      207

TABLE 141         ABB: COMPANY OVERVIEW       208

TABLE 142         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        210

TABLE 143         ABB: PRODUCT LAUNCHES/DEVELOPMENTS   212

TABLE 144         ABB: DEALS      212

TABLE 145         GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW 214

TABLE 146         GENERAL ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   215

TABLE 147         GENERAL ELECTRIC COMPANY: PRODUCT LAUNCHES/DEVELOPMENTS   216

TABLE 148         GENERAL ELECTRIC COMPANY: DEALS 218

TABLE 149         OMRON CORPORATION: COMPANY OVERVIEW             219

TABLE 150         OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          220

TABLE 151         OMRON CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   221

TABLE 152         OMRON CORPORATION: DEALS             222

TABLE 153         ORACLE: COMPANY OVERVIEW             223

TABLE 154         ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224

TABLE 155         MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW              225

TABLE 156         MITSUBISHI ELECTRIC CORPORATION:

PRODUCTS/SOLUTIONS/SERVICES OFFERED   227

TABLE 157         MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   228

TABLE 158         MITSUBISHI ELECTRIC CORPORATION: DEALS 228

TABLE 159         HEXAGON AB: COMPANY OVERVIEW    230

TABLE 160         HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED              231

TABLE 161         HEXAGON AB: PRODUCT LAUNCHES/DEVELOPMENTS 233

TABLE 162         HEXAGON AB: DEALS   237

LIST OF FIGURES

FIGURE 1           INDUSTRIAL SOFTWARE MARKET SEGMENTATION      24

FIGURE 2           INDUSTRIAL SOFTWARE MARKET SIZE ESTIMATION PROCESS FLOW   28

FIGURE 3           INDUSTRIAL SOFTWARE MARKET: RESEARCH DESIGN 29

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       35

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       36

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE):

REVENUE GENERATED BY KEY PLAYERS            37

FIGURE 7           DATA TRIANGULATION             38

FIGURE 8           AI IN MANUFACTURING TECHNOLOGY TO ACCOUNT FOR LARGEST

MARKET SHARE IN 2029 41

FIGURE 9           DISCRETE INDUSTRIES TO HOLD LARGER MARKET SHARE IN 2029      42

FIGURE 10         PHARMACEUTICALS INDUSTRY TO CLAIM LARGEST MARKET SHARE IN 2029  42

FIGURE 11         ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD              43

FIGURE 12         RISING DEPLOYMENT OF INTEGRATED SOFTWARE SOLUTIONS IN MANUFACTURING FACILITIES TO DRIVE MARKET         44

FIGURE 13         MES TECHNOLOGY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024  44

FIGURE 14         DISCRETE INDUSTRIES TO CAPTURE LARGER MARKET SHARE IN 2024 45

FIGURE 15         AUTOMOTIVE INDUSTRY TO HOLD LARGER MARKET SHARE IN 2029 45

FIGURE 16         CHINA TO REGISTER HIGHEST CAGR IN GLOBAL INDUSTRIAL SOFTWARE MARKET DURING FORECAST PERIOD          46

FIGURE 17         INDUSTRIAL SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    48

FIGURE 18         INDUSTRIAL SOFTWARE MARKET: IMPACT ANALYSIS OF DRIVERS            52

FIGURE 19         INDUSTRIAL SOFTWARE MARKET: IMPACT ANALYSIS OF RESTRAINTS     54

FIGURE 20         INDUSTRIAL SOFTWARE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           56

FIGURE 21         INDUSTRIAL SOFTWARE MARKET: IMPACT ANALYSIS OF CHALLENGES   57

FIGURE 22         INDUSTRIAL SOFTWARE MARKET: SUPPLY CHAIN ANALYSIS              58

FIGURE 23         INDUSTRIAL SOFTWARE ECOSYSTEM ANALYSIS            59

FIGURE 24         INVESTMENT AND FUNDING SCENARIO            60

FIGURE 25         INDICATIVE COST OF LICENSES/SUBSCRIPTIONS OF MES OFFERED

BY THREE KEY PLAYERS (USD) 61

FIGURE 26         INDICATIVE LICENSE/SUBSCRIPTION COST OF MES, 2020–2023 (USD)   62

FIGURE 27         INDICATIVE LICENSE/SUBSCRIPTION COST OF MES, BY REGION,

2020–2023 (USD)             62

FIGURE 28         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              63

FIGURE 29         INDUSTRIAL SOFTWARE MARKET: PORTER’S FIVE FORCES ANALYSIS          67

FIGURE 30         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY DISCRETE INDUSTRY    68

FIGURE 31         KEY BUYING CRITERIA, BY DISCRETE INDUSTRY            69

FIGURE 32         IMPORT DATA FOR HS CODE 903289-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            74

FIGURE 33         EXPORT DATA FOR HS CODE 903289-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            74

FIGURE 34         NUMBER OF PATENTS APPLIED AND GRANTED FOR INDUSTRIAL

SOFTWARE SOLUTIONS, 2014–2023        75

FIGURE 35         INDUSTRIAL SOFTWARE MARKET, BY TECHNOLOGY   92

FIGURE 36         MES TECHNOLOGY TO LEAD MARKET IN 2024  92

FIGURE 37         ADVANTAGES OF SOFTWARE-INTEGRATED SCADA SYSTEMS              100

FIGURE 38         INDUSTRIAL SOFTWARE MARKET, BY END-USER INDUSTRY              127

FIGURE 39         PHARMACEUTICALS SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024  129

FIGURE 40         AUTOMOTIVE SEGMENT TO DOMINATE MARKET IN 2029              136

FIGURE 41         INDUSTRIAL SOFTWARE MARKET, BY REGION 142

FIGURE 42         NORTH AMERICA: INDUSTRIAL SOFTWARE MARKET SNAPSHOT        145

FIGURE 43         EUROPE: INDUSTRIAL SOFTWARE MARKET SNAPSHOT 150

FIGURE 44         ASIA PACIFIC: INDUSTRIAL SOFTWARE MARKET SNAPSHOT              155

FIGURE 45         INDUSTRIAL SOFTWARE MARKET SHARE ANALYSIS, 2023              167

FIGURE 46         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023  168

FIGURE 47         COMPANY VALUATION, 2023    169

FIGURE 48         FINANCIAL METRICS (EV/EBITDA), 2023            169

FIGURE 49         BRAND/PRODUCT COMPARISON          170

FIGURE 50         INDUSTRIAL SOFTWARE MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2023    172

FIGURE 51         INDUSTRIAL SOFTWARE MARKET: COMPANY FOOTPRINT              173

FIGURE 52         INDUSTRIAL SOFTWARE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           178

FIGURE 53         SIEMENS: COMPANY SNAPSHOT            186

FIGURE 54         SAP: COMPANY SNAPSHOT       195

FIGURE 55         ROCKWELL AUTOMATION: COMPANY SNAPSHOT        199

FIGURE 56         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              206

FIGURE 57         ABB: COMPANY SNAPSHOT       209

FIGURE 58         OMRON CORPORATION: COMPANY SNAPSHOT             220

FIGURE 59         ORACLE: COMPANY SNAPSHOT             224

FIGURE 60         MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT              226

FIGURE 61         HEXAGON AB: COMPANY SNAPSHOT   231