Overview

The global industrial cloud market is predicted to grow at a rapid pace and is expected to record a profound CAGR of over 24% during the forecast period of 2019 to 2026. 

The industrial cloud is a customized system, working according to the requirements of a specific industry to accommodate the business, security, and other important aspects. 

The industrial cloud segment minimizes capital overheads and other various expenditures benefiting industries by providing numerous services as well as being cost-efficient. 

Industrial cloud computing automates the manufacturing process and with the integration and application of IoT fuels the global growth of the market. The vast scope of functions such as business handling, security screening, and maintenance as well as other functions thus promote the application of these services in all sectors and industries. Furthermore, the industrial cloud-based services can process, filter and manage big data and handle a large volume of information while effectively processing it. 

The isolation of data and network technology restrain the growth of the market. However, to overshadow, the innovation of hybrid industrial cloud services and brokerage of the same is projected to propel the growth of the market worldwide. 

The services offered are from various models and operators. The public deployment segment offers free services or sometimes under a subscription as well. This is proved to be considerably advantageous to the consumers due to low cost and efficiency of cost as well as simplicity in usage and deployment. The extensive application and functions provided, along with reasonable prices, technological ease fuel the market in all aspects. This motivates the small and medium enterprises to also accept these services and integrate and find their application in their systems. The improved accessibility to these services and the advancements in technology thus further motivate the market to adopt and further promote the employment of the industrial cloud services in their respective sectors.

The initial investment is minimal and the infrastructure management is characterized by maximum ease thus making the systems consumer-friendly. All these factors are pivot point aiding the global growth of the market and are foreseen to rise in the future. 

With respect to the geographical landscape, North America is a highly lucrative region and has accounted for maximum market share. Due to rapid industrialization, the industrial cloud market finds great application in developed countries. With growing global competition and rising economies, the market is set to grow unboundedly in North America and Europe. The APAC region is projected to be the region growing at the fastest CAGR due to rising rapid industrialization as well as urbanization. 

Significant firms operating in this market are Siemens AG, Microsoft Corp., Infor Inc., IBM Corp. Google Inc., Amazon Web Services (AWS) Inc., GE Co., Cisco, Oracle, and SAP SE.

Market Segmentation 
By Application:  

➢    SaaS 
➢    IaaS 
➢    PaaS 

By Region:
➢    Europe 
➢    North America 
➢    APAC 
➢    Latin America
➢    Rest of World

Competitive Landscape: 
➢    Tier 1 players- established companies in the market with a major market share 
➢    Tier 2 players
➢    Emerging players which are growing rapidly
➢    New Entrants  

Key Market Players:  
➢    AWS 
➢    GE 
➢    Google 
➢    ​​​​​​​IBM 
➢    ​​​​​​​Infor 
➢    ​​​​​​​Microsoft 
➢    ​​​​​​​Siemens

FutureWise Takeaways 
➢    ​​​​​​​Growth prospects 
➢    ​​​​​​​SWOT analysis
➢    ​​​​​​​Key trends
➢    ​​​​​​​Key data points affecting market growth 

Objectives of the Study:
➢    ​​​​​​​To provide an exhaustive analysis on the global industrial cloud market by application and by region
➢    ​​​​​​​To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
➢    ​​​​​​​To evaluate and forecast micro-markets and the overall market 
➢    ​​​​​​​To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East.
➢    ​​​​​​​To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
➢    ​​​​​​​​​​​​​​Profiling of companies to evaluate their market shares, strategies, financials and core competencies

 

$3450

Need Assistance

--------

UK : +44 141 628 9353
US : +1 970 279 4295

OR

Contact Sales

What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics