Operational Technology Market To Reach $364.74 Billion By 2030

Operational Technology Market Growth & Trends

The global operational technology market size is expected to reach USD 364.74 billion by 2030, registering a CAGR of 9.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increased demand for operational technologies (OT) security solutions arises from the growing dependence on digital technologies within industrial systems, resulting in heightened vulnerability of OT systems to cyber threats. Furthermore, the imposition of strict government regulations, such as the cybersecurity framework aimed at enhancing industrial control systems (ICS), compels organizations to implement extensive OT security protocols. Moreover, the integration of IT and OT systems leads to increased interconnectedness, thereby exposing OT systems to cyber threats originating from IT networks. Consequently, there is an escalating need for resilient OT solutions to safeguard vital industrial processes against potential cyber risks.

Operational technologies enable direct control and monitoring of devices, processes, and events within the physical environment. Examples include DCS, SCADA, PLCs, BMS, CNC systems, and more. These technologies operate critical infrastructure such as manufacturing plants, power plants, and water treatment facilities, ensuring efficient and secure management of industrial processes. They are integral components of various essential systems in modern society, playing crucial roles in maintaining functionality and reliability while safeguarding against potential disruptions and hazards.

In the dynamic operational technology market, the competitive environment is in constant flux, prompting companies to continually innovate and develop fresh growth strategies to uphold their market leadership. Key players prioritize research and development to craft advanced security solutions infused with AI and machine learning. For instance, Huawei Technologies Co., Ltd. is poised to transform manufacturing by spearheading the integration of Information and Communications Technologies (ICT) and Operational Technologies (OT) to enable smarter production processes. In alignment with global initiatives such as Germany's Industry 4.0, China's Made in China 2025, and the US's Industrial Internet, Huawei is at the forefront of driving digitalization across every manufacturing sector.

In North America, operational technology serves as a cornerstone of industrial operations, supporting sectors including manufacturing, transportation and logistics, and healthcare. With a focus on efficiency and reliability, OT systems in North America are integral for maintaining critical infrastructure and ensuring smooth production processes. Companies in sectors such as automotive, aerospace, and energy rely heavily on OT to streamline operations and minimize downtime. As technological advancements continue to reshape industries in North America, the integration of OT with emerging technologies such as AI and automation holds the promise of further optimizing performance and driving innovation. Meanwhile, in the Asia Pacific region, operational technology plays a central role in fueling the rapid industrialization and economic growth of emerging economies.

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Operational Technology Market Report Highlights

• The Computer Numerical Control (CNC) segment led the market in 2024, accounting for over 33% share of the global revenue. The building management system segment is anticipated to grow at the fastest CAGR during the forecast period.

• The wired segment led the market in 2024. The growth is attributed to its reliability and security compared to wireless alternatives, making it indispensable for critical infrastructure applications. The wireless segment is anticipated to grow at the fastest CAGR during the forecast period.

• The on-premises segment led the operational technology industry in 2024. The cloud segment is expected to grow at the fastest CAGR during the forecast period.

• The large enterprises segment led the market in 2024. The SMEs segment is expected to grow at the fastest CAGR during the forecast period.

• The discrete industry segment held the largest revenue share in 2024. The process industry segment is estimated to grow at the fastest CAGR during the forecast period.

• North America operational technology market dominated in 2024, accounting for a revenue share of over 36%. The Asia Pacific operational technology industry is anticipated to register the highest CAGR over the forecast period.

Operational Technology Market Segmentation

Grand View Research has segmented global operational technology market report based on component, connectivity, deployment, enterprise size, industry, and region:

Operational Technology Component Outlook (Revenue, USD Billion, 2017 - 2030)

• Supervisory Control and Data Acquisition (SCADA)

  • Programmable Logic Controller (PLC)

  • Remote Terminal Units (RTU)

  • Human-Machine Interface (HMI)

  • Others

• Distributed Control System (DCS)

• Manufacturing Execution System Market

• Functional Safety

• Building Management System

• Plant Asset Management (PAM)

• Variable Frequency Drives (VFD)

• Computer Numerical Control (CNC)

• Others

Operational Technology Connectivity Outlook (Revenue, USD Billion, 2017 - 2030)

• Wired

• Wireless

Operational Technology Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• Cloud

• On-premises

Operational Technology Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

• SMEs

• Large Enterprises

Operational Technology Industry Outlook (Revenue, USD Billion, 2017 - 2030)

• Process Industry

  • Oil & Gas

  • Chemicals

  • Pulp & Paper

  • Pharmaceuticals

  • Mining & Metals

  • Energy & Power

  • Others

• Discrete Industry

  • Automotive

  • Semiconductor & Electronics

  • Aerospace & Defense

  • Heavy Manufacturing

  • Others

Operational Technology Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• MEA

  • UAE

  • South Africa

  • KSA 

List of Key Players of Operational Technology Market

• Emerson Electric Co.

• General Electric

• Hitachi, Ltd.

• IMB Corporation

• Honeywell International Inc.

• OMRON Corporation

• Rockwell Automation

• Siemens.

• Schneider Electric