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.
Major Players Focusing on: 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.
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The 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.
Market Defination:
Industrial cloud platform offers a modern approach for deploying and developing software applications. Industrial cloud platform enables easy detection of potential security threats in infrastructure by tracking the process and monitoring traffic. It also helps in scanning, classifying, analysing of data as well as providing solutions to take action against loss of data. The industrial cloud platform can be public, private or hybrid type.
The rapid industrialization has made more companies to adopt for the modern platform approach. The digital transformation is the smarter way to perform business to serve better for the need of speed, agility and efficiency. Industrial cloud platform offer services that deal with an extensive array of applications including storage, development platforms, servers, and virtual desktops. The adoption of public cloud services is expected to remain high in various enterprises. In June 2017, Wipro Limited collaborated with Red Hat, to set up a cloud application factory that enables developers and IT teams to have repeatable and rapid methodology for application modernization across public, private and hybrid clouds.
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Global Industrial Cloud Platform Market Overview By Solution (Supervisory Control & Data Acquisition, Distributed Control System, Manufacturing Execution System, Human-Machine Interface, Product Lifecycle Management, Others), Professional Service (System Integration ,Consulting), Service Model(Software-as-a-Service, Platform-as-a-Service, ,Infrastructure-as-a-Service), Cloud Type (Private, Public, and Hybrid), By End Users (Oil & Gas, Electric Power Generation, Chemicals, Water & Waste Water Management, Food & Beverage, Mining & Metal, Pulp & Paper, Pharmaceutical, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
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Worldwide Industrial Cloud Platform Industry Segregation: |
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Players |
Siemens, General Electric, Schneider Electric, Honeywell International, Rockwell Automation, Telit |
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Solution |
Supervisory Control & Data Acquisition, Distributed Control System, Manufacturing Execution System, Human-Machine Interface, Product Lifecycle Management, Others |
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Cloud Type |
Private, Public, and Hybrid |
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Regions |
U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. |
Reasons to Purchase this Report
- Current and future of global industrial cloud platform market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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