Europe Operational Technology Market to 2032
Overview
The Europe Operational Technology Market is expected to reach a 11.85 USD Billion by 2032 and is projected to grow at a CAGR of 10.07% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.83
Forecast, 2032 (USD Billion)
11.85
CAGR, 2024 - 2032
10.07%
Report Coverage
Europe
Europe Operational Technology Market 2018-2032 USD Billion
Europe Operational Technology Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.83 USD Billion
- Projected Market Size (2032): 11.85 USD Billion
- CAGR (2025-2032): 10.07%
Key Findings of Europe Operational Technology Market
- The Europe Operational Technology Market was valued at 6.83 USD Billion in 2024.
- The Europe Operational Technology Market is likely to grow at a CAGR of 10.07% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Large Enterprise in Organization Size Segment accounted for the largest share of the market with a revenue of 3.84 USD Billion
- The fastest growing segment Supervisory Control and Data Acquisition (SCADA) in Technology Segment grew Fastest with a CAGR of 11.43% during the forecast period from 2024 to 2032.
Europe Operational Technology Market Scope
Europe Operational Technology Market Segmentation & Scope
Component
- Services
- Software/Platform
- Hardware
Deployment
- On-Premise
- Hybrid
- Cloud
Organization Size
- Small & Medium Size Business
- Large Enterprise
Connectivity
- Wired
- Wireless
End-User
- Others
- Buildings and Infrastructure
- Life Sciences
- Food & Beverage
- Pulp and Paper
- Automotive and Transportation
- Metals and Mining
- Energy & Utilities
- Marine & Ports
- Chemicals
- Oil & Gas
Technology
- Process Control Domains (PCD)
- Building Management / Automation Systems (BAS)
- Distributed Control Systems (DCS)
- Safety Instrumented Systems (SIS)
- Programmable Logic Controllers (PLC)
- Supervisory Control and Data Acquisition (SCADA)
Europe Operational Technology Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.83 USD Billion |
| Market Value in 2032 | 11.85 USD Billion |
| CAGR (2025-2032) | 10.07% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Deployment,Organization Size,Connectivity,End-User,Technology |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 6.83 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 1,721.03 USD Million in 2024.
Segments and Scope
-
Europe Operational Technology Market to 2032, By Component
- Hardware is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 3.03 USD Billion in the year 2024.
- Software/Platform is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 9.87 % in forecast period 2025-2032.
-
Europe Operational Technology Market to 2032, By Deployment
- Cloud is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 3.07 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 10.80 % in forecast period 2025-2032.
-
Europe Operational Technology Market to 2032, By Organization Size
- Large Enterprise is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 3.84 USD Billion in the year 2024.
- Large Enterprise is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 10.50 % in forecast period 2025-2032.
-
Europe Operational Technology Market to 2032, By Connectivity
- Wireless is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 3.63 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 10.54 % in forecast period 2025-2032.
-
Europe Operational Technology Market to 2032, By End-User
- Oil & Gas is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 1.49 USD Billion in the year 2024.
- Oil & Gas is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 11.35 % in forecast period 2025-2032.
-
Europe Operational Technology Market to 2032, By Technology
- Supervisory Control and Data Acquisition (SCADA) is the largest segment in Europe Operational Technology Market to 2032 with a revenue of 1.90 USD Billion in the year 2024.
- Supervisory Control and Data Acquisition (SCADA) is the Fastest growing segment in Europe Operational Technology Market to 2032 with a Growth rate of 11.43 % in forecast period 2025-2032.
Europe Operational Technology Market Company Share Analysis
| Company Name |
|
||
| Rockwell Automation, Inc. | |||
| Schneider Electric | |||
| Advantech Co., Ltd. | |||
| ABB | |||
| General Electric | |||
Europe Operational Technology Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Operational Technology Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
Europe Operational Technology Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Europe Operational Technology Market is projected to grow at a CAGR of 10.07% during the forecast period of 2024 to 2032.
The Large Enterprise segment is expected to dominate the Europe Operational Technology Market, holding a largest market share of 3.84 USD Billion in 2024
Europe Operational Technology Market Scope
Europe Operational Technology Market Segmentation & Scope
Component
- Services
- Software/Platform
- Hardware
Deployment
- On-Premise
- Hybrid
- Cloud
Organization Size
- Small & Medium Size Business
- Large Enterprise
Connectivity
- Wired
- Wireless
End-User
- Others
- Buildings and Infrastructure
- Life Sciences
- Food & Beverage
- Pulp and Paper
- Automotive and Transportation
- Metals and Mining
- Energy & Utilities
- Marine & Ports
- Chemicals
- Oil & Gas
Technology
- Process Control Domains (PCD)
- Building Management / Automation Systems (BAS)
- Distributed Control Systems (DCS)
- Safety Instrumented Systems (SIS)
- Programmable Logic Controllers (PLC)
- Supervisory Control and Data Acquisition (SCADA)
Frequently Asked Questions
The Europe Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
Europe Operational Technology Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Europe Operational Technology Market is projected to grow at a CAGR of 10.07% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Operational Technology Market for final year is USD 11.85 (USD Billion).
Europe Operational Technology Market Company Profiling
Frequently Asked Questions
The Europe Operational Technology Market is segmented based on Segmentation Component,Deployment,Organization Size,Connectivity,End-User,Technology.
Europe Operational Technology Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Europe Operational Technology Market is projected to grow at a CAGR of 10.07% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Operational Technology Market for final year is USD 11.85 (USD Billion).
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