Global Remote Monitoring and Control Market to Reach $31.7 Billion by 2026
SAN FRANCISCO, Aug. 10, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Remote Monitoring and Control - Global Market Trajectory & Analytics" .
- SAN FRANCISCO, Aug. 10, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Remote Monitoring and Control - Global Market Trajectory & Analytics" .
- As a result, app based access is increasing at a faster pace in the remote control and monitoring market.
- Amid the COVID-19 crisis, the global market for Remote Monitoring and Control estimated at US$23 Billion in the year 2020, is projected to reach a revised size of US$31.7 Billion by 2026, growing at a CAGR of 5.4% over the analysis period.
- The U.S. Market is Estimated at $7.9 Billion in 2021, While China is Forecast to Reach $6.8 Billion by 2026
The Remote Monitoring and Control market in the U.S. is estimated at US$7.9 Billion in the year 2021.