New ARC Research Explores Impact of Industrial IoT on HMI Software and Services Market

New ARC Advisory Group research on the human-machine interface (HMI) software and services market reveals that Industrial Internet of Things (IoT) and other global trends drive the HMI software and services market.  Improved efficiency, reduced energy consumption, and better operational visibility will help drive future market growth.

“ARC’s research indicates that many global trends, such as the Industrial IoT, increasing use of mobile devices, multi-touch technology, cloud computing, and the need for analytics to convert Big Data into actionable information will propel the market growth,” according to Himanshu Shah, Senior Analyst at ARC Advisory Group and key author of ARC’s Human-machine Interface Software and Services Global Market Research report.

“The global industrial HMI software and services market will continue to grow because new software products offer much greater value in helping companies improve efficiencies, reduce energy consumption, and expand operational visibility, which are necessary as industrial operations worldwide become more complex and automated,” added Shah.

About the Human Machine Interface Software and Services Research

This ARC market 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 modeling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, industry, machinery segmentation, sales channels, and customers.

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 a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to 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.

For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.