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Next Move Strategy Consulting

Taiwan Distributed Control System Market Set to reach USD 274.84 million by 2030

Taiwan Distributed Control System Market Set to reach USD 274.84 million by 2030

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According to the study by Next Move Strategy Consulting, Taiwan Distributed Control System (DCS) Market is predicted to reach USD 274.84 million with a CAGR of 10.3% till 2030.

The DCS market is experiencing robust growth driven by the increasing adoption of process automation across expanding industries such as oil and gas, chemicals, and power. This surge in demand is primarily fuelled by the industry's collective pursuit of heightened
production, enhanced safety protocols, and improved operational efficiency.

DCS systems are inclined to cyberattacks as they are networked and computerized. Cybercriminals can gain unauthorized access to DCS systems, compromise sensitive data, and disrupt critical infrastructure, causing significant financial losses and reputational
damage.

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