Global Industrial Cloud Platform Market, By Solution (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution System (MES), Human–Machine Interface (HMI), Product Lifecycle Management (PLM) and Others), Platform and Professional Service (Platform and Professional services), End-User Industry (Oil and Gas, Electric Power Generation, Chemicals, Water and Wastewater Management, Food and Beverages, Mining and Metal, Paper and Pulp, Pharmaceutical and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Industrial Cloud Platform Market
Industrial cloud platform market is expected to grow at a CAGR of 27.9% in the forecast period of 2020 to 2027. Data Bridge Market Research report on industrial cloud platform market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Industrial cloud platform provides a modern approach for developing and deploying software applications. Industrial cloud platform includes easy detection of security threats in infrastructure by tracking the process and monitoring traffic. It helps in classifying, scanning, analysing of data as well as providing solutions to take action against the loss of data.
Increased focus on resource optimization, energy efficiency and production costs, strategic partnerships and collaborations and advancement in technology of cloud computing are the factors driving the growth of industrial cloud platform market. Shortage in the number of skilled technical workforce and need high investment for projects are restraining the industrial cloud platform market. Convenience of platform-based deployment acts as an opportunity. Data privacy and security is one of the challenges faced by the industrial cloud platform market.
This industrial cloud platform market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research industrial cloud platform market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Cloud Platform Market Scope and Market Size
Industrial cloud platform market is segmented on the basis of solution, platform and professional service, and end-user industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of solution, industrial cloud platform market is segmented into supervisory control and data acquisition (SCADA), distributed control system (DCS), manufacturing execution system (MES), human–machine interface (HMI), product lifecycle management (PLM) and others.
- Based on platform and professional service, industrial cloud platform market is segmented into platform and professional services. Platform is sub-segmented into asset management, remote monitoring, data processing and analytics, application development and management and security management. Professional services are sub-segmented into consulting and planning, system integration and training, support, and maintenance.
- Based on end-user industry, industrial cloud platform market is segmented into oil and gas, electric power generation, chemicals, water and wastewater management, food and beverages, mining and metal, paper and pulp, pharmaceutical and others.
Industrial Cloud Platform Market Country Level Analysis
Industrial cloud platform market is analysed and market size, volume information is provided by country, solution, platform and professional service, and end user industry as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific will dominate the industrial cloud platform market in the forecast period and country which is being followed by this region is Europe because availability of skilled labor at affordable costs, development of infrastructure, and technological capabilities have contributed to the growth of the markets in APAC
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industrial Cloud Platform Market Share Analysis
Industrial cloud platform market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial cloud platform market.
The major players covered in the industrial cloud platform market report are PTC, Hitachi Data Systems, IBM, Epicor Software, Oracle Corporation, Prevas, QAD Inc., Rackspace Inc., Red Hat, Inc., Microsoft, Rockwell Automation, Inc., Salesforce.com, Inc., SAP SE, Schneider Electric SE, Hewlett Packard, Net Magic IT Services, Sify Technologies, CtrlS Data Center, VMware, Inc., Siemens, General Electric, Schneider Electric, Honeywell International, Rockwell Automation, Telit among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.