New Global Trends Drive the Human-machine Interface Software and Services Market

Summary

Dedham, Mass. - Aug. 24, 2020 - New ARC Advisory Group research on the global Human-machine Interface (HMI) Software and Services market reveals that Industrial Internet of Things (IoT) and other global trends drive the market. The continued need to improve efficiency, reduce energy consumption, and increase operational visibility will help drive future market growth.

“The demand for HMI software and services is expected to grow because new HMI software products can improve automation functions and help fulfill the increasing need for relevant and timely information for decision support at all levels of the organization," according to Siddhartha Maiti, Analyst at ARC Advisory Group and key author of ARC’s Human-machine Interface Software and Services Global Market Research report.  "HMI solutions have evolved over the last few decades. They go beyond basic visualization and control to support an industrial organization’s efforts to achieve a truly connected factory or plant to increase productivity and quality, while reducing downtime."

About the human-machine interface software and services research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the HMI software and services market. 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 by world regions, industry, machinery segmentations, revenue category, sales channels, customer type, software revenue type, operating system, and deployment model.

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): personalized spreadsheet includes five years of historical data in addition to the current base year market data and 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): provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

About ARC Advisory Group

ARC Advisory Group is the leading market research and advisory firm for industry, infrastructure, and smart cities. ARC analysts have the industry knowledge and firsthand experience to help clients find the best answers.