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Industrialization in Emerging Economies boost the industrial growth and will trigger the growth of Operational Technology Market
HYDERABAD, TELANGANA, INDIA, October 14, 2022 / / — IndustryARC, in its latest report, predicts that is anticipated to reach $26.59 billion by 2026 at a CAGR of 6.21% during the forecast period 2021-2026. Operational technology is a combination of hardware and software, that monitors, controls, and manages industrial processes as well as industrial equipment. OT keeps things such as factories, power plants, facility equipment, machines, and others running. High penetration of IoT and growing requirements for automated services across industries are the key drivers of this market. Apart from that, the growth of OT market is majorly attributed to the increasing…
