Global Industrial Software Market Size & Outlook
The global industrial software market size was estimated at USD 20,348.1 million in 2023 and is projected to reach USD 60,908.2 million by 2030, growing at a CAGR of 16.8% from 2024 to 2030.
Revenue, 2023 (US$M)
$20,348.1
Forecast, 2030 (US$M)
$60,908.2
CAGR, 2024 - 2030
16.8%
Report Coverage
Worldwide
Global industrial software market, 2018-2030 (US$M)
Global industrial software market highlights
- The global industrial software market generated a revenue of USD 20,348.1 million in 2023 and is expected to reach USD 60,908.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 17% by 2030.
- In terms of segment, manufacturing execution system (mes) accounted for a revenue of USD 20,348.1 million in 2023.
- Manufacturing Execution System (MES) is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 20,348.1 million |
| Market revenue in 2030 | USD 60,908.2 million |
| Growth rate | 17% (CAGR from 2023 to 2030) |
| Largest segment | Manufacturing execution system (mes) |
| Fastest growing segment | Manufacturing Execution System (MES) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manufacturing Execution System (MES) |
Other key industry trends
- In terms of revenue, the North America accounted for 34.0% of the global industrial software market in 2023.
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Industrial Software Market Scope
Industrial software market segmentation & scope
Manufacturing Execution System (MES)
SCADA
AI in Manufacturing
Robotic Software
Human Machine Interface (HMI)
Fault Detection & Classification
Industrial Metrology
End Use
Process
Chemicals
Pharmaceuticals
Others
Pulp & Paper
Mining & Metals
Oil & Gas
Energy & Power
Discrete
Automotive
Heavy Manufacturing
Semiconductor & Electronics
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Sweden
Norway
Denmark
Brazil
Argentina
South Korea
China
India
Japan
Australia
Thailand
South Africa
Saudi Arabia
UAE
Kuwait
Industrial Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global industrial software market size, by regions, 2018-2030 (US$M)
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