OPC Server Software Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The OPC Server Software by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s OPC Server Software , The opc server software market size has grown strongly in recent years. It will grow from $14.13 billion in 2023 to $15.28 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to rise in industrial automation, need for interoperability in industrial systems, efficiency improvement in manufacturing, adoption of open standards in industrial communication, enhanced data security measures,.

The opc server software market size is expected to see strong growth in the next few years. It will grow to $20.08 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to globalization of manufacturing operations, demand for real-time analytics, expansion of smart factory concepts, advanced communication protocols, enhanced diagnostics and monitoring capabilities.. Major trends in the forecast period include industry 4.0 integratio, cloud-based solutions, edge computing integration, unified communication protocols, integration with scada systems, remote access solutions..

The rise in the adoption of industrial robots for industrial automation is expected to propel the growth of the OPC server software market. Industrial robots are robotic arms with several degrees of freedom that may be programmed to do a wide range of tasks in a variety of contexts. The OPC server software allows industrial robots to connect to other OPC UA-compatible devices and applications using a standards-based data communication approach. It can regulate and link data from the robot to the factory control center. Additionally, the adoption of Industry 4.0 has also favored the demand for industrial robots. For instance, in February 2022, according to the International Federation of Robotics, a Germany-based non-profit organization, there are 23,000 industrial robots operating in UK factories in 2021, an increase of 6% from the previous year. In the US, there were deployed 50,712 industrial robots in 2021. At present, the global fleet of operational robots has reached a new high of over 3.5 million units. Therefore, the rise in the adoption of industrial robots for industrial automation will drive the OPC server software market.

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The opc server software market covered in this report is segmented –

1) By Type: OPC DA Server, OPC HDA Server, OPC A&E Server, OPC UA Server

2) By Offering: Software Services, Hardware

3) By End-Users: Pharmaceutical, Food And Beverages, Oil And Gas, Power And Energy, Chemicals

Product innovation has emerged as a key trend in the OPC server software market. Major companies operating in the market are advancing toward the use of cybersecurity solutions for OPC server software. For instance, in June 2021, Bayshore Networks, a US-based provider of cybersecurity solutions for the Industrial Internet of Things (IIOT), launched NetWall 10 GB USG (Unilateral Security Gateway). It is a high-speed hardware and software solution that generates a secure network segment, insulating and isolating vital assets and sensitive networks from cyberattacks and misuse. Some of its features include real-time file and data replication to corporate business systems such as ERP, MES, PLM, PIM, and others, additionally, it can securely transfer control system data, log files, database records, and other relevant data to IT data centers, security operation centers (SOCs), and cloud-based data storage.

The opc server software market report table of contents includes: