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3. Industrial Software Companies - Siemens (Germany) and Rockwell Automation (US) are the Key Players

The global industrial software market is expected to grow from USD 21.5 billion in 2024 to USD 46.6 billion in 2029 at a CAGR of 16.7% during the forecast period. Various drivers and opportunities propel the industrial software market. The demand for industrial software is rising due to increasing emphasis on operational efficiency, quality assurance, and regulatory compliance across industries. Additionally, adopting Industry 4.0 technologies like IoT and AI drives the need for advanced software solutions to integrate and optimize manufacturing processes in real-time. Furthermore, the continuous evolution of IoT, AI, and cloud computing technologies offers new avenues for innovation in the industrial software market, enabling improved operational efficiency and enhanced production processes.

The key players operating in the industrial software market are Siemens (Germany), Rockwell Automation (US), ABB (Switzerland), Emerson Electric Co. (US) and General Electric (US), among others. These players have adopted various growth strategies to strengthen their position in the automated passenger counting system market. The methods include product launches, contracts, expansions, partnerships, collaborations, and acquisitions.

To know about the assumptions considered for the study download the pdf brochure

Major Industrial Software companies include:

• Siemens (Germany)
• Rockwell Automation (US)
• ABB (Switzerland)
• Emerson Electric Co. (US)
• General Electric (US)

Siemens

Siemens AG, headquartered in Munich, Germany, is a global leader in industrial technology, automation, and digitalization. Established in 1847, Siemens operates across over 200 countries and employs over 300,000 people. The company's industrial software offerings drive digital transformation and Industry 4.0 advancements. Siemens provides a comprehensive suite of solutions, including Manufacturing Execution Systems (MES), Supervisory Control and Data Acquisition (SCADA), Human-Machine Interfaces (HMI), digital twins, IoT platforms, and industrial cybersecurity. These solutions optimize manufacturing processes, enhance productivity, ensure quality control, and enable predictive maintenance. Siemens' commitment to innovation and integration of AI, machine learning, and cloud computing technologies supports industries worldwide, including manufacturing, automotive, aerospace, and energy, in achieving operational efficiency, agility, and competitiveness in the global market.

Rockwell Automation

Rockwell Automation, headquartered in Milwaukee, Wisconsin, USA, is a global leader in industrial automation and digital transformation solutions. Established in 1903, the company operates in over 100 countries and employs approximately 24,000 people worldwide. Rockwell Automation offers a comprehensive suite of industrial software solutions to optimize manufacturing operations and enable digital innovation. Their offerings include FactoryTalk Production Management Software for MES and quality management, FactoryTalk Industrial Automation Software encompassing SCADA systems, and FactoryTalk InnovationSuite integrating data analytics, machine learning, and IoT for predictive maintenance and operational insights. Emphasizing connectivity and cybersecurity through their Connected Enterprise framework, Rockwell Automation supports automotive, food and beverage, and pharmaceutical industries in achieving operational agility, improving product quality, and enhancing competitiveness. Their commitment to innovation and customer-centric solutions reinforces their role in driving Industry 4.0 advancements globally.

ABB

ABB, headquartered in Zurich, Switzerland, is a global leader in electrification, automation, and robotics. Founded in 1988, ABB operates in over 100 countries and employs around 110,000 people. ABB offers a diverse portfolio of industrial software solutions that enhance productivity, efficiency, and sustainability across various industries. Their software offerings include ABB Ability™, a unified, cross-industry digital platform that integrates advanced analytics, AI, and IoT technologies to optimize operations and improve performance. ABB provides solutions such as Manufacturing Operations Management (MOM) software for real-time production monitoring and control, Asset Performance Management (APM) software for predictive maintenance and reliability, and SCADA systems for industrial process automation and control. With a strong emphasis on industrial cybersecurity and digitalization, ABB's industrial software solutions support industries like manufacturing, utilities, transportation, and infrastructure in achieving operational excellence and driving digital transformation initiatives globally.

Emerson Electric Co.

Emerson Electric Co., headquartered in St. Louis, Missouri, USA, is a global leader in technology and engineering solutions for industrial, commercial, and residential markets. Established in 1890, Emerson operates in over 150 countries and employs approximately 83,000 people worldwide. Emerson offers a comprehensive suite of industrial software solutions that enhance automation, efficiency, and operational performance across various industries. Their software portfolio includes Plantweb™ digital ecosystem, which integrates advanced analytics, IoT connectivity, and cybersecurity features to enable predictive maintenance, asset reliability, and process optimization. Emerson's solutions span from Manufacturing Execution Systems (MES) and Asset Management software to Supervisory Control and Data Acquisition (SCADA) systems, supporting industries such as oil and gas, chemicals, power generation, and water treatment. With a commitment to innovation and sustainability, Emerson plays a crucial role in helping industrial organizations achieve more reliability, safety, and profitability through global digital transformation initiatives.

General Electric

General Electric (GE), headquartered in Boston, Massachusetts, USA, is a global conglomerate with a significant presence in industrial software solutions. Founded in 1892, GE operates in various sectors, including aviation, healthcare, power, and renewable energy. GE Digital, a subsidiary of GE, provides industrial software and IoT solutions that optimize asset performance, enhance operational efficiency, and drive digital transformation across industries. GE's Predix platform integrates data analytics, machine learning, and cloud computing to enable predictive maintenance, asset management, and operational insights. Their software offerings include Manufacturing Execution Systems (MES) and HMI/SCADA systems, supporting manufacturing, energy, transportation, and healthcare industries. With a legacy of innovation and technological expertise, GE continues to innovate in industrial software, helping businesses worldwide leverage digital technologies for improved productivity, reliability, and sustainability in their operations.

Apart from these companies, many other vital companies, such as Honeywell International, Schneider Electric, Cognex Corporation, SAP, and Oracle, among others are working toward strengthening their position in the market by developing innovative technologies.

Related Reports:

Industrial Software Market by Type (Manufacturing Execution System, SCADA, Human Machine Interface, Robotic Software, Fault Detection and Classification, Al in manufacturing, Industrial Metrology), End-use (Process, Discrete) - Global Forecast to 2029

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