The technological developments in HMI software is one of the major factors propelling market growth. However, factors such as shortage of skilled software testing professionals will hamper the market growth.
The major demand for HMI software is from the automotive industry, and the increasing investments and developments in this sector will create more demand for products. The increasing demand for electronics and growth in the aerospace industry will also have a positive impact on the HMI software category. Therefore, the HMI software market share growth by the discrete industries segment will be significant during the forecast period.
HMI Software Market: Geographic Landscape
North America was the largest HMI software market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the shift from traditional methods of power generation such as thermal, hydro, and coal and rising investments in alternative sources of energy, such as solar and wind power will significantly drive HMI software market growth in this region over the forecast period. 38% of the market's growth will originate from North America during the forecast period. The US is a key market for HMI software in North America. Market growth in this region will be slower than the growth of the market in other regions.
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Global Workspace Management Software Market: The workspace management software market size has the potential to grow by USD 1.11 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period because of the steady increase in the year-over-year growth. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Embedded Software Market: The embedded software market size has the potential to grow by USD 5.69 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Companies Covered:
ABB Ltd.
Eaton Corp. Plc
General Electric Co.
Ing. Punzenberger COPA-DATA GmbH
National Instruments Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Spectris Plc
Valeo SA
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Process industries - Market size and forecast 2019-2024
Discrete industries - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Type
Market segments
Comparison by Type
Machine-level - Market size and forecast 2019-2024
Supervisory - Market size and forecast 2019-2024
Market opportunity by Type
Market Segmentation by Deployment
Market segments
Comparison by Deployment
On-premise - Market size and forecast 2019-2024
Cloud-based - Market size and forecast 2019-2024
Market opportunity by Deployment
Customer Landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers ? Demand led growth
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
ABB Ltd.
Eaton Corp. Plc
General Electric Co.
Ing. Punzenberger COPA-DATA GmbH
National Instruments Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Spectris Plc
Valeo SA
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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