Middle East and Africa Operational Technology Market, By Component (Hardware, Software/Platform, and Services), Deployment (On-Premise, Hybrid, and Cloud), Organization Size (Small & Medium Size Business and Large Enterprise), Connectivity (Wired and Wireless), Technology (Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), Programmable Logic Controllers (PLC), Safety Instrumented Systems (SIS), and Building Management / Automation Systems (BAS)), End-User (Automotive and Transportation, Building and Infrastructure, Energy and Utilities, Food and Beverage, Life Sciences, Marine and Ports, Metals and Mining, Oil and Gas, Chemicals, Pulp and Paper, and Others), Industry Trends and Forecast to 2028.
Middle East and Africa Operational Technology Market Analysis and Insights
Operational technology systems are hardware and software that detects the cause of change through direct monitoring using a physical device. Operational technology (OT) uses various technologies, such as supervisory control and data acquisition (SCADA), distributed control systems (DCS), process control domains (PCD), and Programmable Logic Controllers (PLC), among others, to perform its applications. Operational technology (OT) is popularly used in industrial control systems that can be deployed anywhere, such as in power stations and paper industries. In recent times the merging or convergence of Operational technology (OT) with Information Technology (IT) systems has led to the development of the Industrial Internet of Things (IIOT). These IIoT systems are much more advanced than the existing systems and offer great service for optimizing the functioning of numerous factories.
Data Bridge Market Research analyses that the Middle East and Africa operational technology market is expected to reach USD 4,446.50 Million by 2028, at a CAGR of 6.2% during the forecast period. "Hardware" accounts for the most prominent modules offering segment. The operational technology market report also covers pricing analysis, patent analysis, and technological advancements in depth.
|
Report Metric
|
Details
|
|
Forecast Period
|
2021-2028
|
|
Base Year
|
2020
|
|
Historic Years
|
2019 (Customizable to 2018 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Component (Hardware, Software/Platform, and Services), Deployment (On-Premise, Hybrid, and Cloud), Organization Size (Small & Medium Size Business and Large Enterprise), Connectivity (Wired and Wireless), Technology (Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), Programmable Logic Controllers (PLC), Safety Instrumented Systems (SIS), and Building Management/Automation Systems (BAS)), End-User (Automotive and Transportation, Building and Infrastructure, Energy and Utilities, Food and Beverage, Life Sciences, Marine and Ports, Metals and Mining, Oil and Gas, Chemicals, Pulp and Paper, and Others).
|
|
Countries Covered
|
U.A.E, Saudi Arabia, South Africa, Israel, Egypt, and the Rest of Middle East and Africa.
|
|
Market Players Covered
|
Honeywell International Inc., ABB, SCADAfence, General Electric, Rockwell Automation, Inc., Fortinet, Inc., IBM Corporation, Advantech Co., Ltd., Emerson Electric Co., Wipro Limited, Schneider Electric, SAP SE, Cisco Systems, Inc., Accenture, Yokogawa Electric Corporation, Huawei Technologies Co., Ltd., Oracle among others.
|
Market Definition
Operational technology systems are hardware and software that detects the cause of change through direct monitoring using a physical device. Operational technology (OT) uses various technologies, such as supervisory control and data acquisition (SCADA), distributed control systems (DCS), process control domains (PCD), and programmable logic controllers (PLC), among others, to perform its applications. It is popularly used in industrial control systems deployed anywhere, such as in power stations and paper industries. In recent times the merging or convergence of operational technology (OT) with information technology (IT) systems lead to the development of the industrial internet of things (IIOT). These IIoT systems are much more advanced than the existing systems and offer great service for optimizing the functioning of numerous factories. IIoT is a part of the Industry revolution called industry 4.0.
Middle East and Africa Operational Technology Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
-
RISING DEMAND FOR MERGING OPERATIONAL TECHNOLOGY (OT) & INFORMATION TECHNOLOGY (IT)
Technological advancements and edge computing capabilities, the convergence of operational technology (OT) and information technology (IT), can lead to the development of the industrial internet of things (IIOT). IIOT can hugely benefit the growth across various industries such as manufacturing, utility and energy, and transportation, among others. IIOT systems offer better reliability and security and can be cost-efficient compared to these traditional methods. Hence, the convergence of operational technology (OT) and information technology (IT) to the industrial internet of things (IIOT).
-
GROWING DEMAND FOR SMART AUTOMATED SOLUTIONS
Smart automation is the optimization of structured, knowledge, and interaction work through various emerging technologies such as smart data capture, robotic process automation (RPA), conversational interface, and cognitive automation technologies. Smart automation can also be defined as the framework for using new technologies to improve effectiveness, efficiency, and customer experience while providing these operations. Smart automation frameworks mimic human action, interpretation, interaction, and intelligence, among others. Technological advancements have given rise to the next generation of the industrial revolution, known as the industrial internet of things (IIOT) or industry 4.0.
Opportunity
-
GROWING DEMAND IN FOOD, PULP, & PAPER INDUSTRIES FOR OPERATIONAL TECHNOLOGY
The availability of many sensor technologies and advanced analytics tools used in the industrial internet of things (IIOT) systems can significantly benefit the growth of the food, pulp, and paper industries. There are numerous steps taken by various companies taken by strengthening their technology systems by taking help from top security-providing companies such as ABB, Cisco Systems, and GrayMatter, who came up with new solutions as these industries were facing some security-related threats.
Restraint/Challenge
-
UPGRADATION OF OT SYSTEMS WITH ZERO PRODUCTION LOSS
Operational technology has recently gained popularity for industrial applications and others. It is used to detect the cause of change in a system through direct monitoring using a physical device. These systems can be deployed anywhere, such as in power stations, paper industries, and automotive industries. In recent times the popularity of operational convergence technology (OT) with information technology (IT) systems to obtain a new system that is the Industrial Internet of Things (IIoT). There are various reasons for this convergence, such as protecting this critical operational data, private internet networks where the devices can communicate and share data with other people, and systems, among others. This can significantly help improve the existing systems used in industries and buildings.
COVID-19 Impact on the Middle East and Africa Operational Technology Market
COVID-19 highly impacted the transportation of the public. During social distancing, travellers were asked to avoid travel unless necessary. Also, the behaviour of individuals has certainly changed during the pandemic, which has led to a decrease in the sale of automotive vehicles. The pandemic brought a huge drop in sales for operational technology as the lockdown prevailed in most regions. The lockdown led manufacturers and consumers to stop the processes for a few months. The demand for operational technology faced a drastic downfall due to the shutdown of various automobile, transport, and electronics industries. Also, global electric car sales experienced an unprecedented drop. However, things are getting normal daily, and EV growth is now obsolete.
Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve electric vehicle performance and sales. With this, the companies will bring advanced operational technology to the market.
For instance,
- In January 2020, Cisco Systems, Inc. launched a solution for Comprehensive Security Architecture for Industrial IoT. The key feature of this solution was enhanced visibility across the internet of things (IoT) and operational technology (OT) environments, threat detection, and real-time detection of cyber security threats. The latest cisco cyber vision technology is used in this solution. This product strengthened its industrial security portfolio and helped the company expand its market.
Thus, COVID-19 has severely impacted the demand for operational technology in the market. Limited supply and shortage of semiconductors and gadgets have significantly affected the supply of operational technology in the market.
Recent Development
- In 2019, General Electric took on a major and challenging project for Frito-Lay (Food Company) and the pulp and paper industry. This project's key feature was improving these industries' production, optimization, and controlling costs. This was done to tackle numerous issues, such as cyber threats, data storage, and security, among other issues. This is where the company offered its solutions for the paper industry and food industry to go digital using operational technology (OT) cybersecurity.
Middle East and Africa operational technology market Scope
The Middle East and Africa operational technology market is segmented based on component, deployment, organization size, connectivity, technology, and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Hardware
- Software/Platform
- Services
On the basis of component, the Middle East and Africa operational technology market is segmented into hardware, software/platform, and services.
Deployment
- On-Premise
- Hybrid
- Cloud
On the basis of deployment, the Middle East and Africa operational technology market is segmented into on-premise, hybrid, and cloud.
Organization size
- Small & Medium Size Business
- Large Enterprise
On the basis of organization size, the Middle East and Africa operational technology market is segmented into small and medium size business and large enterprise.
Connectivity
- Wired
- Wireless
On the basis of connectivity, the Middle East and Africa operational technology market is segmented into wired and wireless.
Technology
- Supervisory Control and Data Acquisition (SCADA)
- Distributed Control Systems (DCS)
- Process Control Domains (PCD)
- Programmable Logic Controllers (PLC)
- Safety Instrumented Systems (SIS)
- Building Management / Automation Systems (BAS)
On the basis of technology, the Middle East and Africa operational technology market is segmented into supervisory control and data acquisition (SCADA), distributed control systems (DCS), process control domains (PCD), programmable logic controllers (PLC), safety instrumented systems (SIS), and building management/automation systems (BAS).
End-User
- Automotive and Transportation
- Building and Infrastructure
- Energy and Utilities
- Food and Beverage
- Life Sciences
- Marine and Ports
- Metals and Mining
- Oil and Gas
- Chemicals
- Pulp and Paper
- Others
On the basis of end-user, the Middle East and Africa operational technology market is segmented into automotive and transportation, building and infrastructure, energy and utilities, food and beverage, life sciences, marine and ports, metals and mining, oil and gas, chemicals, pulp and paper, and others.
Middle East and Africa Operational Technology Market Regional Analysis/Insights
The operational technology market is analyzed, and market size insights and trends are provided by the component, deployment, organization size, connectivity, technology, end-user, and countries referenced above.
Middle East and Africa operational technology market report covers countries such as South Africa, Saudi Arabia, U.A.E., Israel, Egypt, and the rest of Middle East and Africa.
Saudi Arabia is expected to dominate the Middle East and Africa operational technology market as Saudi Arabia is a regional leader in technology. The Saudi Arabia government aims to boost its operational technology by 20 percent in 2022, which will help extend EV growth and the country's growth in the Middle East and Africa operational technology market. The Saudi Arabia market is growing due to the popularity of controlling and monitoring equipment across various industries, such as buildings and infrastructure, energy and utilities, and food and beverage.
The country section of the operational technology market report also provides individual market-impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology, and import-export tariffs are some of the significant pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Operational Technology Market Share Analysis
The operational technology market competitive landscape provides details of the competitor. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, and application dominance. The above data points are only related to the companies focus on the operational technology market.
Some of the major players operating in the Middle East and Africa operational technology market are Honeywell International Inc., ABB, SCADAfence, General Electric, Rockwell Automation, Inc., Fortinet, Inc., IBM Corporation, Advantech Co., Ltd., Emerson Electric Co., Wipro Limited, Schneider Electric, SAP SE, Cisco Systems, Inc., Accenture, Yokogawa Electric Corporation, Huawei Technologies Co., Ltd., Oracle among others.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. Please request an analyst call or drop down your inquiry to know more. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Middle East and Africa versus Regional, and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis matching and matching their goals. The report can be customized to include price trend analysis of target brands' understanding of the market for additional countries (ask for the list of countries), clinical trial results in data, literature review, refurbished market, and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors as you require data in the format and style you are looking for. Our team of analysts can also provide you with data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
SKU-
