New ARC Advisory Group research on the Enterprise Asset Management (EAM) market reveals that as EAM systems adopt new technologies, they offer improved asset reliability with increased ROA and interest from executive management. Modern EAM systems provide greater insight across asset lifecycle management, asset performance management, reliability-centered maintenance, and other asset management functions.

"The enterprise asset management market has strong growth for several reasons, most notably because of the business benefits available with modern EAM and APM capabilities. This translates into expanded capabilities for improved uptime, asset longevity, and cost control with reduced unplanned downtime. Modern EAM systems support APM across the asset management functions including reliability, inspections, maintenance, and engineering, and into operations. Synergies across these functions enables new forms of digital transformation with improved operational performance," according to Ralph Rio, Vice President of Enterprise Software, and key author of ARC's Enterprise Asset Management Market Research Report.

Enterprise Asset Management Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• IoT Enhances EAM Capabilities 
• SaaS and Cloud Adoption
• Adoption of Asset Management Standards and Best Practices 
• Adoption of Mobile Devices
• Awareness of Advanced EAM Systems

Leading Suppliers to the Enterprise Asset Management Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Hitachi Energy, IBM, IFS, Infor, and SAP.

About the Enterprise Asset Management Research

The Enterprise Asset Management report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and 3 year) of historical analysis. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Software Revenues by Type, Application and Asset Type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 3 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s new market size and forecast report for Industrial/OT Cybersecurity Secure Connectivity Solutions examines how industrial/OT systems are increasingly being connected with external entities to enable remote support and the exchange of information. This trend will accelerate as companies digitalize all their operations. While connectivity benefits are large, these developments significantly increase cyber risks. Safety and business continuity demand investments in new secure connectivity solutions.

"Digital transformation and connected worker initiatives will continue to create new cyber risks with more cloud connections, expanded use of new sensors, and more personnel demanding remote access. Smart companies will ensure that each of these connectivity challenges is addressed with appropriate secure connectivity solutions," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Secure Connectivity Market Research Report.

Industrial/OT Cybersecurity Secure Connectivity Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• OT Secure Remote Access Solutions 
• OT Mobile Device Security Solutions 
• OT Secure Data Sharing Solutions

About the Industrial/OT Cybersecurity Secure Connectivity Research

The Industrial/OT Cybersecurity Secure Connectivity Solutions report is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts segmented by World Region, Industry, and Product Type.

This new research is available as Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues. The PDF is available with detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC’s new market size and forecast report on the Industrial/OT Cybersecurity Services market shows strong growth and numerous opportunities over the next five years. The safety, environmental, and financial risks of an OT cyber compromise are simply too large for industrial companies to ignore. Yet most companies lack the people and expertise to manage their cybersecurity needs. This presents significant opportunities for companies that can help them assess, implement, and manage their cybersecurity needs. This presents strong opportunities for automation suppliers and third-party managed security service providers (MSSPs) that understand industrial/OT environments.

"Cyber-attack surfaces have expanded significantly, and threats have become more sophisticated. Maintaining defenses has never been more important and challenging for industrial plants. The need for rapid detection and response has likewise grown as it has emerged as the primary defense against sophisticated attacks. Addressing these issues requires more cybersecurity personnel and expertise," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Services Market Research Report.

Industrial/OT Cybersecurity Services Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Assessment Services
• Design and Implementation Services 
• Managed Services

About the Industrial-OT Cybersecurity Services Research

The Industrial-OT Cybersecurity Services report is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes five-year market forecasts segmented by World Region, Application, Service Type, and Industry Segment.

This new research is available as a Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s new market size and forecast report on Industrial/OT Cybersecurity Endpoint Protection Solutions shows that the endpoint protection market experienced strong growth in recent years. Increased awareness of cyber risks, governmental actions, and more comprehensive regulations accelerated investments in basic cybersecurity defenses. Sophisticated attacks and ransomware will continue to drive demand for more advanced cybersecurity products and services.

"Endpoint protection solutions used in industrial/OT systems are generally the same as those used for corporate IT. However, there are industrial/OT system constraints that restrict use of conventional IT solutions in OT environments. Suppliers that address these issues will be positioned to take advantage of the strong growth opportunities in this market," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Endpoint Protection Solutions Market Research Report.

Industrial/OT Cybersecurity Endpoint Protection Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Anti-malware Solutions
• Application Whitelisting Solutions

Emerging Market Analysis of the Industrial/OT Cybersecurity-Endpoint Protection

In addition to providing specific market data and industry trends, this ARC market research also identifies all key suppliers active in this market and provides and summarizes their relevant offerings. A select list of key suppliers profiles is included.

About the Industrial/OT Cybersecurity Endpoint Protection Research

The Industrial/OT Cybersecurity Endpoint Protection report is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts segmented by World Region, Industry, and Application.

This new research is available as a Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues. The PDF includes detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s latest market size and forecast report on Industrial/OT Network Security Solutions reveals that digital transformation initiatives are changing industrial/OT security requirements. Isolation is no longer a viable strategy for protecting legacy, insecure-by-design assets. Companies need new networking solutions that can support more granular policies and isolation of individual assets. The impact of sophisticated attacks and ransomware can only be contained when defenders can rapidly block lateral movement within systems.

"Today’s industrial control systems have legacy networks with limited capabilities to block attacks that can compromise critical assets across the system. Blocking lateral movement is essential to controlling the impact of sophisticated attacks and ransomware. This requires micro-segmentation and granular policies that can limit attack blast zones. This creates exceptional opportunities for suppliers that can offer non-disruptive upgrades to networks in operating facilities," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Network Security Solutions Market Research Report.

Industrial/OT Cybersecurity Network Security Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Industrial NGFW
• NGFW with ICS DPI
• Industrial DPI Firewalls

Emerging Market Analysis of the Industrial/OT Cybersecurity Network Security

In addition to providing specific market data and industry trends, this ARC market research also identifies all key suppliers active in this market and provides and summarizes their relevant offerings. A select list of key suppliers profiles is included.

About the Industrial/OT Cybersecurity Network Security Research

The Industrial/OT Cybersecurity Network Security report is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts segmented by World Region, Industry, and Application.

This new research is available as a Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues. The PDF includes detailed charts.
 

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s recent market size and forecast report on Industrial Cybersecurity Management Tools shows that the market experienced strong growth in recent years. Increased awareness of cyber risks, governmental actions, and more comprehensive regulations accelerated investments in basic cybersecurity defenses. Sophisticated attacks and ransomware drove demand for more advanced cybersecurity products and services.

"ARC’s research across a wide spectrum of industrial companies consistently shows that many industrial companies have implemented cybersecurity technologies to protect facilities but struggle to maintain the effectiveness of these products. They are also overwhelmed dealing with security alerts. Key reasons include lack of resources and lack of cybersecurity expertise. Cybersecurity management solutions help them reduce workload and increase staff capabilities," according to Sid Snitkin, Vice President and key author of ARC's Industrial/OT Cybersecurity Management Solutions Market Research Report.

Cybersecurity Management Solutions Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Vulnerability Management Solutions 
• Threat Management Solutions

Emerging Market Analysis of the Industrial-OT Cybersecurity Management Solutions

In addition to providing specific market data and industry trends, this ARC market research also identifies all key suppliers active in this market and provides and summarizes their relevant offerings. A select list of key supplier profiles is included.

About the Industrial/OT Cybersecurity Management Solutions Research

The Industrial/OT Cybersecurity Management Solutions research is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts segmented by World Region, Industry, Application, and Industry Segment.

This new research is available as a Concise Emerging Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the Simulation Software global market reveals that this market will be driven by the emergence of comprehensive simulation platforms, the use of the digital twin concept, and the expansion of the 3D virtual simulation software. The overall simulation software market will be driven by the emergence of comprehensive simulation platforms that allow for concurrent product design and validation across the product lifecycle. Additional growth is driven by an increasing use of the digital twin concept and growth in Industrial IoT in general. Finally, the significant expansion of 3D virtual simulation software across a wide range of applications for science, industry, infrastructure, and consumers allows for the virtual validation of the physical world.

"Manufacturers across all industrial sectors should be developing a digital transformation strategy and direction for both their products and their production systems. This strategy should include both a digital twin plan for their products in the factory and the field, and the intelligent edge. The market will demand that products be both connected and smart in the digital environments that these products will be functioning and operating in. Simulation solutions will enable companies to virtually simulate, validate, and bring to market new products that meet customer demands," according to Dick Slansky, Senior Analyst and key author of ARC's Simulation Software Market Study Market Research Report.

Leading Suppliers to the Simulation Software Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Ansys, Bentley Systems, Hexagon, Siemens.

About the Simulation Software Market Study Research

The Simulation Software Market Study report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts
segmented by World Region, Industry, Application.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s new market size and forecast report for 3D scanning shows that the technology offers a multitude of advantages over conventional survey and measurement practices. 3D scanning helps in the creation of accurate as-built models for building information modeling (BIM). 3D scans are essential for checking proposed designs against existing site conditions and comparing construction progress with original design plans. The adoption of this technology by EPCs has resulted in an improvement to the overall design/build/operate/maintain lifecycle for plants and buildings. This technology positively impacts project lifecycle and workflow in terms of time, cost, and construction efficiency.

"Increased deployment of 5G is expected to increase installation of "smart scanners" in manufacturing facilities. These scanners are always connected and can upload data to a real-time database. This requires very fast internet connectivity, which can be attained with the help of 5G technology. Worker safety is the primary concern for construction sites, and 3D laser scanning can improve on this aspect of surveying. With the help of portable 3D laser scanners, surveyors can record accurate measurement of the structure from a distance of up to several hundred meters," according to Kiran Chavan, Analyst and key author of ARC's 3D Scanning Systems Market Research Report.

3D Scanning Systems Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Color and Texture Detection
• Rise in Demand from Addictive Manufacturing 
• Low Cost 3D Scanners
• Automating Scanning Process
• 5G Technology Is Expected to Connect Scanners 
• AR and VR Could Be Mainstream Sooner
• Metal and Ceramic 3D Printers Expected to Drive 3D Scanner Demand 
• New End User Market
• Software Key for 3D Scanning

Leading Suppliers to the 3D Scanning Systems Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Ametek, FARO, Hexagon, Nikon Metrology, Zeiss.

About the 3D Scanning Systems Research

The 3D Scanning Systems report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Application Type, Range, Hardware Revenues by Range, Hardware by Light Type, Hardware by Scanner Type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s research on the Engineering Design Software and Building Information Modeling (EDS/BIM) market includes engineering design, analysis, and project management software and associated services used for the design and construction of physical plants and infrastructure. The EDS portion of the report includes power, process, and marine industries. The BIM market includes infrastructure. The market had surprisingly strong growth in 2021, considering the impact of the pandemic on the overall economy. After 2021, it is expected to continue to experience high market growth globally. Suppliers of EDS/BIM software have for the most part, converted from selling upfront perpetual licenses to subscription services. Despite the pandemic, the EDS/BIM market added new users in 2021. Subscription services have many benefits to the user, including converting CapEx to OpEx, nearly eliminating dependencies on IT support, no more upgrades, and reducing the first-year acquisition cost (including the servers) by over 60 percent.

"Compared with the total cost of a project including construction, the cost of design is small. Many EPCs and AECs continued the design process while delaying construction during the pandemic, helping the EDS and BIM market to sustain itself. Developed regions are looking to EDS for innovative approaches to manage infrastructure assets as well as design and build new assets or retrofit legacy infrastructure components. Infrastructure engineering demands in North America primarily stem from upgrading projects for extending the life of existing infrastructure assets. Green and sustainability-focused projects are also drivers for the North American market," according to Ralph Rio, Vice President, Enterprise Software and key author of ARC's Engineering Design Software & Building Information Management Market Research Report.

Leading Suppliers to the Engineering Design Software Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Autodesk, Bentley Systems, Hexagon, Nemetschek AG, Trimble.

About the Engineering Design Software & Building Information Management Research

The Engineering Design Software & Building Information Management report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Revenue Category, Sales Channel, World Region, Customer Type, Service Revenues by Type, Deployment Model, Software Revenues by Type, Engineering Tools, Market Sector, Infrastructure & AEC/BIM, Plant Design.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

According to new ARC Advisory Group study on the Human-Machine Interface (HMI) Software and Services Market, the Industrial Internet of Things (IoT) and digital transformation are the principal drivers behind market growth over the next five years. The ongoing need to boost productivity, cut energy use, and expand operational visibility will contribute to market expansion.

"HMI systems have evolved significantly over the past few decades. Users are collecting more information from manufacturing and analyzing Big Data to optimize processes. With Industrial IoT technology and advancements in analytics, demand for data will increase further, so HMI software will need to handle more data and be better integrated to analytics software to provide information that is more meaningful to the user for making decisions," according to Siddhartha Maiti, Market Analyst and key author of ARC's Human-Machine Interface Software & Services Market Research Report.

Human-Machine Interface Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Big Data
• Multi-touch Screen 
• Mobility
• Industrial IoT and Industry 4.0 
• Transition Toward Thin Clients
• Virtual Deployment will Greatly Improve Software Management 
• Collaborative Visualization Tools
• More Analytics
• Data Democratization Will be Driven by AI 
• Server 2022

Leading Suppliers to the Human-Machine Interface Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: AVEVA, General Electric, Inductive Automation, Rockwell Automation, and Siemens.

About the Human-Machine Interface Software & Services Research

The Human-Machine Interface Software & Services report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts and up to 5 years of historical analysis segmented by Machinery by Segment, Revenue Category, Sales Channel, World Region, Industry, Customer Type, Service Revenues by Type, Deployment Model, Microsoft Operating Systems, Operating Systems, Software Revenues By Microsoft Operating System, Software Revenues By Operating System, and Software Revenues by Type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up to 5 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.