In short The global industrial software market reached $146 billion in 2023, according to IoT Analytics’ 132-page Industrial Software Landscape Report 2024–2030, and is forecasted to reach $355 billion by the end of the decade, growing at a CAGR of 13.5%. Cloud infrastructure and services is the fastest-growing overall industrial software category, while EDA is set to be the fastest for the core industrial value chain software category. Microsoft gained the most overall market share since...
