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Information Technology (IT) or Operational Technology (OT) Convergence Market Report 2025

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    Report

  • 200 Pages
  • April 2025
  • Region: Global
  • The Business Research Company
  • ID: 5980393
This Information Technology (IT) or Operational Technology (OT) Convergence market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The information technology (IT) or operational technology (OT) convergence market size has grown rapidly in recent years. It will grow from $63.95 billion in 2024 to $75.32 billion in 2025 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to integration of advanced technologies in industrial automation, the adoption of smart technology, expansion of connectivity and digitization of industry, integration of IT and OT systems.

The information technology (IT) or operational technology (OT) convergence market size is expected to see rapid growth in the next few years. It will grow to $143.23 billion in 2029 at a compound annual growth rate (CAGR) of 17.4%. The growth in the forecast period can be attributed to growing adoption of industrial automation, increasing use of connected devices and the internet of things (IoT), increasing cyber-attacks on critical infrastructure, growing awareness of the importance of OT security, increasing government regulations and standards for OT security. Major trends in the forecast period include cloud migration, cybersecurity integration, edge computing adoption, digital twin technology, AL and machine learning integration.

The rising number of cyberattacks is expected to drive the growth of the Information Technology (IT) and Operational Technology (OT) convergence market. Cyberattacks, which involve malicious attempts to breach information systems, are becoming more frequent due to increased digital dependency, better connectivity, and insufficient cybersecurity awareness. IT/OT convergence plays a critical role in bolstering cybersecurity resilience by integrating IT and OT systems, allowing organizations to enhance their security frameworks and better mitigate cyber risks. For example, in July 2024, AAG IT Services, a US-based cybersecurity company, reported an 81% increase in cyberattacks in Australia between July 2021 and June 2022. Attacks on financial websites also surged by more than 200% in 2022, according to recent statistics. This heightened frequency of cyber threats is therefore driving the demand for IT/OT convergence solutions to improve organizational security and reduce vulnerabilities.

Prominent players in the information technology (IT) or operational technology (OT) convergence market are directing their efforts toward developing an open digital business platform, such as Siemens Xcelerator, to expedite digital transformation in product development, manufacturing, and operations. Siemens Xcelerator is an innovative, open digital business platform featuring a curated portfolio of IoT-enabled hardware and software, a robust partner ecosystem, and a marketplace. For instance, in June 2022, Siemens AG, a Germany-based technology company, unveiled Siemens Xcelerator, aiming to bridge the physical and digital realms by integrating OT data with IT systems, enabling enhanced visibility, optimization, and the exploration of new business models. This cloud-based open software platform facilitates collaboration among engineers, suppliers, vendors, partners, and customers on a unified platform accessible from anywhere, anytime. Siemens Xcelerator boasts a diverse partner ecosystem that offers solutions from Siemens and certified partners, fostering co-creation and collaboration across the industrial value chain.

In July 2024, IT Convergence, a US-based Oracle cloud-managed services provider, acquired Prophet One for an undisclosed amount. This acquisition is aimed at enhancing IT Convergence's service offerings and expanding its market presence. By integrating Prophet One's expertise, IT Convergence strengthens its capabilities in delivering customized enterprise resource planning (ERP) solutions, particularly for JD Edwards and PeopleSoft applications. Prophet One is a US-based management and technology consulting firm, known for its specialized knowledge in ERP systems and technology solutions.

Major companies operating in the information technology (IT) or operational technology (OT) convergence market are Microsoft Corporation, Verizon Communications Inc., Dell Technologies Inc., Huawei Technologies Co. Ltd., Siemens AG, Intel Corporation, Accenture plc, International Business Machines Corporation, Cisco Systems Inc., Mitsubishi Electric Corporation, Honeywell International Inc., Fujitsu Limited, ABB Ltd., Hewlett Packard Enterprise Company, Cognizant, HCL Technologies Limited, Wipro Limited, Rockwell Automation, Palo Alto Networks Inc., PTC Inc., Sierra Wireless, TeamViewer, Birlasoft, Allied Telesis, Armis Inc., OTORIO Ltd., MachineMetrics.

North America was the largest region in the information technology (IT) or operational technology (OT) convergence market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the information technology (IT) or operational technology (OT) convergence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the information technology (IT) or operational technology (OT) convergence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The convergence of information technology (IT) and operational technology (OT) involves the integration and alignment of traditionally distinct domains within an organization's infrastructure and operations. IT typically encompasses computing, networking, and data management systems utilized for administrative and business purposes, whereas OT encompasses technologies and systems employed to monitor, control, and automate physical processes in sectors such as manufacturing, energy, and utilities.

The primary forms of IT and OT convergence include cloud deployment and local deployment. IT and OT systems are interconnected via cloud computing services, enabling remote access and management of data and applications over the Internet. Wired and wireless network technologies play a crucial role in facilitating this integration, utilized across various industries such as energy and utilities, healthcare, retail, consumer packaged goods, transportation and logistics, infrastructure and construction, telecommunications, automotive, agriculture, and others.

The information technology (IT) or operational technology (OT) convergence market research report is one of a series of new reports that provides information technology (IT) or operational technology (OT) convergence market statistics, including information technology (IT) or operational technology (OT) convergence industry global market size, regional shares, competitors with information technology (IT) or operational technology (OT) convergence market share, detailed information technology (IT) or operational technology (OT) convergence market segments, market trends, and opportunities, and any further data you may need to thrive in the information technology (IT) or operational technology (OT) convergence industry. This information technology (IT) or operational technology (OT) convergence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The information technology (IT) or operational technology (OT) convergence market consists of revenues earned by entities by providing services such as integration services, cybersecurity, cloud computing services, remote monitoring, and management. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) or operational technology (OT) convergence market also includes sales of sensor networks, edge computing devices, wireless communication devices, and industrial IoT (IIoT) gateways. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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Table of Contents

1. Executive Summary2. Information Technology (IT) or Operational Technology (OT) Convergence Market Characteristics3. Information Technology (IT) or Operational Technology (OT) Convergence Market Trends and Strategies4. Information Technology (IT) or Operational Technology (OT) Convergence Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market
5. Global Information Technology (IT) or Operational Technology (OT) Convergence Growth Analysis and Strategic Analysis Framework
5.1. Global Information Technology (IT) or Operational Technology (OT) Convergence PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Information Technology (IT) or Operational Technology (OT) Convergence Market Growth Rate Analysis
5.4. Global Information Technology (IT) or Operational Technology (OT) Convergence Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Information Technology (IT) or Operational Technology (OT) Convergence Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Information Technology (IT) or Operational Technology (OT) Convergence Total Addressable Market (TAM)
6. Information Technology (IT) or Operational Technology (OT) Convergence Market Segmentation
6.1. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Cloud Deployment
  • Local Deployment
6.2. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Wired
  • Wireless
6.3. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Industrial
  • Business
  • Other Applications
6.4. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Energy and Utilities
  • Healthcare
  • Retail
  • Consumer Packaged Goods
  • Transportation and Logistics
  • Infrastructure and Construction
  • Telecommunications
  • Automotive
  • Agriculture
  • Other Industries
6.5. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Sub-Segmentation of Cloud Deployment, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
6.6. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Sub-Segmentation of Local Deployment, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • On-premises Deployment
  • Edge Computing Deployment
  • Distributed Deployment
7. Information Technology (IT) or Operational Technology (OT) Convergence Market Regional and Country Analysis
7.1. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Information Technology (IT) or Operational Technology (OT) Convergence Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Information Technology (IT) or Operational Technology (OT) Convergence Market
8.1. Asia-Pacific Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Information Technology (IT) or Operational Technology (OT) Convergence Market
9.1. China Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
9.2. China Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Information Technology (IT) or Operational Technology (OT) Convergence Market
10.1. India Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Information Technology (IT) or Operational Technology (OT) Convergence Market
11.1. Japan Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
11.2. Japan Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Information Technology (IT) or Operational Technology (OT) Convergence Market
12.1. Australia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Information Technology (IT) or Operational Technology (OT) Convergence Market
13.1. Indonesia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Information Technology (IT) or Operational Technology (OT) Convergence Market
14.1. South Korea Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
14.2. South Korea Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Information Technology (IT) or Operational Technology (OT) Convergence Market
15.1. Western Europe Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
15.2. Western Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Information Technology (IT) or Operational Technology (OT) Convergence Market
16.1. UK Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Information Technology (IT) or Operational Technology (OT) Convergence Market
17.1. Germany Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Information Technology (IT) or Operational Technology (OT) Convergence Market
18.1. France Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Information Technology (IT) or Operational Technology (OT) Convergence Market
19.1. Italy Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Information Technology (IT) or Operational Technology (OT) Convergence Market
20.1. Spain Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Information Technology (IT) or Operational Technology (OT) Convergence Market
21.1. Eastern Europe Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
21.2. Eastern Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Information Technology (IT) or Operational Technology (OT) Convergence Market
22.1. Russia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Information Technology (IT) or Operational Technology (OT) Convergence Market
23.1. North America Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
23.2. North America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Information Technology (IT) or Operational Technology (OT) Convergence Market
24.1. USA Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
24.2. USA Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Information Technology (IT) or Operational Technology (OT) Convergence Market
25.1. Canada Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
25.2. Canada Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Information Technology (IT) or Operational Technology (OT) Convergence Market
26.1. South America Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
26.2. South America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Information Technology (IT) or Operational Technology (OT) Convergence Market
27.1. Brazil Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Information Technology (IT) or Operational Technology (OT) Convergence Market
28.1. Middle East Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
28.2. Middle East Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Information Technology (IT) or Operational Technology (OT) Convergence Market
29.1. Africa Information Technology (IT) or Operational Technology (OT) Convergence Market Overview
29.2. Africa Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Network Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Information Technology (IT) or Operational Technology (OT) Convergence Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Information Technology (IT) or Operational Technology (OT) Convergence Market Competitive Landscape and Company Profiles
30.1. Information Technology (IT) or Operational Technology (OT) Convergence Market Competitive Landscape
30.2. Information Technology (IT) or Operational Technology (OT) Convergence Market Company Profiles
30.2.1. Microsoft Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Verizon Communications Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Dell Technologies Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Huawei Technologies Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
31. Information Technology (IT) or Operational Technology (OT) Convergence Market Other Major and Innovative Companies
31.1. Intel Corporation
31.2. Accenture PLC
31.3. International Business Machines Corporation
31.4. Cisco Systems Inc.
31.5. Mitsubishi Electric Corporation
31.6. Honeywell International Inc.
31.7. Fujitsu Limited
31.8. ABB Ltd.
31.9. Hewlett Packard Enterprise Company
31.10. Cognizant
31.11. HCL Technologies Limited
31.12. Wipro Limited
31.13. Rockwell Automation
31.14. Palo Alto Networks Inc.
31.15. PTC Inc.
32. Global Information Technology (IT) or Operational Technology (OT) Convergence Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Information Technology (IT) or Operational Technology (OT) Convergence Market34. Recent Developments in the Information Technology (IT) or Operational Technology (OT) Convergence Market
35. Information Technology (IT) or Operational Technology (OT) Convergence Market High Potential Countries, Segments and Strategies
35.1 Information Technology (IT) or Operational Technology (OT) Convergence Market in 2029 - Countries Offering Most New Opportunities
35.2 Information Technology (IT) or Operational Technology (OT) Convergence Market in 2029 - Segments Offering Most New Opportunities
35.3 Information Technology (IT) or Operational Technology (OT) Convergence Market in 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Information Technology (IT) Or Operational Technology (OT) Convergence Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on information technology (it) Or operational technology (ot) convergence market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
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  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
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  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for information technology (it) Or operational technology (ot) convergence ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The information technology (it) Or operational technology (ot) convergence market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Cloud Deployment; Local Deployment
2) By Network Technology: Wired; Wireless
3) By Application: Industrial; Business; Other Applications
4) By Industry: Energy and Utilities; Healthcare; Retail; Consumer Packaged Goods; Transportation and Logistics; Infrastructure and Construction; Telecommunications; Automotive; Agriculture; Other Industries

Subsegments:

1) By Cloud Deployment: Public Cloud; Private Cloud; Hybrid Cloud
2) By Local Deployment: on-premises Deployment; Edge Computing Deployment; Distributed Deployment

Key Companies Mentioned: Microsoft Corporation; Verizon Communications Inc.; Dell Technologies Inc.; Huawei Technologies Co. Ltd.; Siemens AG

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

The major companies featured in this Information Technology (IT) or Operational Technology (OT) Convergence market report include:
  • Microsoft Corporation
  • Verizon Communications Inc.
  • Dell Technologies Inc.
  • Huawei Technologies Co. Ltd.
  • Siemens AG
  • Intel Corporation
  • Accenture plc
  • International Business Machines Corporation
  • Cisco Systems Inc.
  • Mitsubishi Electric Corporation
  • Honeywell International Inc.
  • Fujitsu Limited
  • ABB Ltd.
  • Hewlett Packard Enterprise Company
  • Cognizant
  • HCL Technologies Limited
  • Wipro Limited
  • Rockwell Automation
  • Palo Alto Networks Inc.
  • PTC Inc.
  • Sierra Wireless
  • TeamViewer
  • Birlasoft
  • Allied Telesis
  • Armis Inc.
  • OTORIO Ltd.
  • MachineMetrics

Table Information