Industrial Cloud Platform Market Forecasts 2019-2025 & In-Depth Analysis Globally by Top Key Players: Siemens, General , Schneider Electric, Honeywell International, Rockwell Automation
Global Industrial Cloud Platform Market was valued at USD 703.5 billion in 2017 and is expected to reach USD 737.5 billion in 2025 growing at a healthy CAGR of 27.8% the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Top Key Competitors
The key players operating in the global industrial cloud platform market are –
The other players in the market 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., and many more.
In May 2018, Oracle Corporation had launched Oracle Autonomous Analytics Cloud, Oracle Autonomous Integration Cloud, and Oracle Autonomous Visual Builder Cloud to provide cloud platform services for business. This cloud services enable organizations to lower cost, reduce risk, accelerate innovation, and get predictive insights.
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global industrial cloud platform market
• Analyze and forecast the industrial cloud platform market on the basis of services, end-user, and services
• Trends of key regional and country-level markets for processes, derivative and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Segmentation: Global Industrial Cloud Platform Market for Automation Market
By Solution (SCADA, DCS, MES, HMI, PLM, Others),
Platform and Professional Service (Platform, Professional Service),
End-User (Oil & Gas, Electric Power Generation, Chemicals, Water & Wastewater Management, Food & Beverage, Mining & Metal, Pulp & Paper, Pharmaceutical, Others),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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Competitive Landscape: Global Industrial Cloud Platform Market
The global industrial cloud platform market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In May 2018, Epicor Software Corporation has partnered with Microsoft to provide Epicor enterprise-class solutions globally on the Microsoft Azure platform to promote business growth. This strategy offers cloud deployment of Epicor Prophet 21 enterprise resource planning (ERP) suites on Microsoft Azure to provide industrial cloud platform.
Solution of Global Industrial Cloud Platform Market
1. Supervisory Control and Data Acquisition
2. Distributed Control System
3. Manufacturing Execution System
4. Human-Machine Interface
5. Product Lifecycle Management
Cloud Type of Global Industrial Cloud Platform Market
Service Model of Global Industrial Cloud Platform Market
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• Increased adoption of the industrial cloud platform in the industrial sector
• Advent of hybrid cloud services and cloud brokerages services
• High demand for cloud monitoring for financial applications
• Increasing adoption of wireless networking technology led to increase in use of industrial cloud platform
• Rise in the use of Distributed Control System (DCS)
• Need high investment for projects
• Increasing concerns regarding security and privacy
• Inefficient disaster backup and error limitations
Features of the Report
1. Detailed overview of parent market
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. Drivers and restrains of the market
5. Key developments in the market
Research Methodology: Global Industrial Cloud Platform Market for Automation Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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