According to the report, Rapid Advancement in the Areas of IIoT is Accelerating the Trend of OPC Server
is one of the primary growth factors for the market. Increased Use of Web-Based HMIS or Web-Based Panels in the Industrial Sector
is also expected to contribute significantly to the OPC Server market. Overall, Data Transportation
applications of OPC Server, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Industry Verticals, such as Pharmaceuticals, is boosting the OPC Server market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global OPC Server market identified that the demand is rising in many different parts of the world as "Rapid Digitalization among Several Business Verticals are some of the Prominent Factors, Which are Driving the Growth of the OPC Server Market
". Furthermore, some recent industry insights like "In March 2021 Advantech had announced the launch of ADAM-6300 Series. The ADAM-6300 is an IT/OT convergence series that merges information technology (IT) systems with operational technology (OT), allowing industries and utilities to take a step forward in smart IoT technology. Furthermore, data is highly secure throughout the OT and IT levels due to the OPC UA and built-in security IC." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global OPC Server market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the OPC Server market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall OPC Server market size is calculated using market estimation process, the OPC Server market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global OPC Server market size has been validated using both top-down and bottom-up approaches.