Published :
Tables : 29
Figures : 28
Category : Information & Communications Technology
No. of Pages : 0
Report Code : ICT1047
Virtual Sensors Market Overview: Global Virtual Sensors Market is calculated to value over USD 1 Billion by 2027 end and register a CAGR of over 29.9% during the forecast period 2020 to 2027. Virtual sensors are experiencing a rising demand globally particularly in the technology, telecommunications and media sector. They are cost-effective and are more preferred over physical sensors for data storage. One primary reason for this preference is the efficiency that these sensors offer in the virtual environment as compared to physical sensors which boost the global market. Based on the type of deployment, the market is bifurcated into cloud deployment and on-premises deployment. Cloud deployment allows employees to operate their business remotely and the enterprises save huge sums of money that they would have invested in deploying physical servers. Component-wise, the market is fragmented into solutions and services. Vendors provide advanced features to enterprises in the form of solution packages that provide them with a comprehensive perspective towards numerous problems. Depending on end-user, the market is categorized as process industry, automotive & transportation and oil & gas. The process industry is further segmented into manufacturing and utility sub-segment. Process industries- especially utilities and manufacturing are adopting advanced integrated systems and virtual sensors play a crucial role in making this system work efficiently which has increased the scope of this market segment worldwide. Virtual Sensors Market Regional Insight: The global market is regionally categorized as North America, Europe, Asia Pacific and rest of the world. Huge investments in advanced technologies by multiple enterprises and the presence of many established vendors in the region are some of the reasons for the global dominance of this market space. Competitive Landscape: GE Cisco Honeywell Siemens Schneider Electric Elliptic Labs Algorithmica Technologies Exputec Tactile Mobility Intellidynamics Andata Aspen Tech. Osisoft Modelway LMI Technologies Virtual Sensors Market Segmentation: By Region North America Europe Asia Pacific Rest of the World By Deployment Cloud On-Premises By Component Solutions Services By End User Process Industry - Manufacturing and Utilities Healthcare Automotive & Transportation Oil & Gas Chemical Aeronautics and Defense Others FutureWise Key Takeaways: Growth prospects SWOT analysis Key trends Key data-points affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the global virtual sensors market by region, by deployment, by component, by end user 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 and rest of the world 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
Global Virtual Sensors Market is calculated to value over USD 1 Billion by 2027 end and register a CAGR of over 29.9% during the forecast period 2020 to 2027.
Virtual sensors are experiencing a rising demand globally particularly in the technology, telecommunications and media sector. They are cost-effective and are more preferred over physical sensors for data storage. One primary reason for this preference is the efficiency that these sensors offer in the virtual environment as compared to physical sensors which boost the global market.
Based on the type of deployment, the market is bifurcated into cloud deployment and on-premises deployment. Cloud deployment allows employees to operate their business remotely and the enterprises save huge sums of money that they would have invested in deploying physical servers.
Component-wise, the market is fragmented into solutions and services. Vendors provide advanced features to enterprises in the form of solution packages that provide them with a comprehensive perspective towards numerous problems.
Depending on end-user, the market is categorized as process industry, automotive & transportation and oil & gas. The process industry is further segmented into manufacturing and utility sub-segment. Process industries- especially utilities and manufacturing are adopting advanced integrated systems and virtual sensors play a crucial role in making this system work efficiently which has increased the scope of this market segment worldwide.
Virtual Sensors Market Regional Insight:
The global market is regionally categorized as North America, Europe, Asia Pacific and rest of the world. Huge investments in advanced technologies by multiple enterprises and the presence of many established vendors in the region are some of the reasons for the global dominance of this market space.
Competitive Landscape:
Virtual Sensors Market Segmentation:
By Region
By Deployment
By Component
By End User
FutureWise Key Takeaways:
Objectives of the Study:
1: Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.4 Years Considered for the Study 1.5 Stakeholders 2: Research Methodology 2.1 Research Data 2.2 Market Size Estimation 2.3 Market Forecast 2.4 Assumptions for the Study 3: Executive Summary 4: Premium Insights 4.1 Attractive Opportunities in the market 4.2 Market, By Component, 2019–2027 4.3 Market, By Deployment Mode, 2019 & 2027 4.4 Market, By End User, 2019 4.5 Market Investment Scenario 5: Market Overview and Industry Trends 5.1 Introduction 5.2 Market Dynamics 5.3 Industry Trends 6: Virtual Sensors Market, By Component 6.1 Introduction 6.2 Solutions 6.3 Services 7: Virtual Sensors Market, By Deployment Mode 7.1 Introduction 7.2 Cloud 7.3 On-Premises 8:Virtual Sensors Market, By End User 8.1 Introduction 8.2 Process Industry - Manufacturing and Utilities 8.3 Healthcare 8.4 Automotive & Transportation 8.5 Oil & Gas 8.6 Chemical 8.7 Aeronautics and Defense 8.8 Others 9: Virtual Sensors Market, By Region 9.1 Introduction 9.2 North America 9.3 Europe 9.4 Asia Pacific 9.5 Rest of the World 10: Competitive Landscape 10.1 Competitive Leadership Mapping 11: Company Profiles 11.1 General Electric 11.2 Cisco 11.3 Honeywell 11.4 Siemens 11.5 Schneider Electric 11.6 Elliptic Labs 11.7 Algorithmica Technologies 11.8 Exputec 11.9 Tactile Mobility 11.10 Intellidynamics 11.11 Andata 11.12 Aspen Technology 11.13 Osisoft 11.14 Modelway 11.15 LMI Technologies
1: Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Stakeholders
2: Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Forecast
2.4 Assumptions for the Study
3: Executive Summary
4: Premium Insights
4.1 Attractive Opportunities in the market
4.2 Market, By Component, 2019–2027
4.3 Market, By Deployment Mode, 2019 & 2027
4.4 Market, By End User, 2019
4.5 Market Investment Scenario
5: Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.3 Industry Trends
6: Virtual Sensors Market, By Component
6.1 Introduction
6.2 Solutions
6.3 Services
7: Virtual Sensors Market, By Deployment Mode
7.1 Introduction
7.2 Cloud
7.3 On-Premises
8:Virtual Sensors Market, By End User
8.1 Introduction
8.2 Process Industry - Manufacturing and Utilities
8.3 Healthcare
8.4 Automotive & Transportation
8.5 Oil & Gas
8.6 Chemical
8.7 Aeronautics and Defense
8.8 Others
9: Virtual Sensors Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Rest of the World
10: Competitive Landscape
10.1 Competitive Leadership Mapping
11: Company Profiles
11.1 General Electric
11.2 Cisco
11.3 Honeywell
11.4 Siemens
11.5 Schneider Electric
11.6 Elliptic Labs
11.7 Algorithmica Technologies
11.8 Exputec
11.9 Tactile Mobility
11.10 Intellidynamics
11.11 Andata
11.12 Aspen Technology
11.13 Osisoft
11.14 Modelway
11.15 LMI Technologies
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