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Global SCADA market was valued at US$25.56 billion in 2017 published by leading research firm

In terms of revenue, the global SCADA market was valued at US$25.56 bn in 2017. Estimated to expand at a CAGR of 5.20% from 2017 to 2024, the revenues in this market will touch US$40.18 bn by the end of 2024.

Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Supervisory Control and Data Acqu…n (SCADA) Market Make an Inquiry about this news - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

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Supervisory control and data acquisition system primarily collects data from running industrial processes and utilize them to recognize any anomaly in the production process. Global SCADA market is primarily driven by increase in investments, for infrastructure development, in the emerging markets.

The renewed interest in shale gas extraction has also driven the SCADA market forward.