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Cyber-Physical Systems (CPS) Market Research Reports

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20 Sep

Cyber-Physical Systems Market By Component (Hardware, Software, Services), By Deployment (On Premise, Cloud), By Vertical (Automotive, Energy & Utility, Healthcare, Manufacturing, Consumer Electronics, Others) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Globally, the cyber-physical systems market is expected to grow with a CAGR of 9.3% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$ 60.50 Bn in 2018. A cyber-physical system (CPS) is an instrument, that is monitored or controlled by computer-based processes, and are highly integrated with internet and with its users. Some of the common examples of CPS are process control systems, robotics systems, medical monitoring, smart grid, autonomous automobile systems, and automatic pilot avionics.

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Cyber-Physical Systems (CPS)