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Industrial Cloud Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented, By Component (Solution, Service), By Type (IaaS, PaaS, SaaS), By Cloud Type (Public Cloud, Private Cloud, Hybrid Cloud), By Application (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution System (MES), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Others), By End User (Oil and Gas, Electric Power Generation, Chemicals, Water and Wastewater Management, Food and Beverages, Mining and Metal, Paper and Pulp, Pharmaceutical and Others), By Region, Competition
Market Report (3 business days) I 2023-10-03 I 186 Pages I TechSci Research
Global Industrial Cloud market is predicted to thrive during the forecast period 2024- 2028. The market is growing as a result of rising demand for cloud services, increased demand for optimal resource usage, and surges in demand for cloud services. The manufacturing sector's increasing adoption of industry 4.0. Using the Internet of Things, the industrial cloud enables automation of the manufacturing process (IoT). The innovative growth in the industrial cyberspace predicts an increase in the number of industrial enterprises and tools using the cloud. In order to enhance the applications of industrial cloud platforms, industrial manufacturing enterprises are working with cloud providers. The adoption of industrial cloud is fuelled by the ability of cloud to foster collaboration among multiple manufacturing facilities in various locations.
Comparing cloud services to older on-premises systems, 75% of industrial organizations cite cost savings and better efficiency. A rising variety of cloud solutions are available to serve the entire manufacturing value chain, including design, sourcing, production, operations, and distribution, while IT companies started the crucial transition to the cloud.
Additionally, rising potential application in medical surgery, where the image obtained from a test can be accurately superimposed on a patient's body is driving demand for the Global Industrial Cloud Market.
The industrial cloud is a personalized system that operates in accordance with the needs of a particular industry to take into account the business, security, and other crucial issues.
The industrial cloud reduces capital expenses and other expenses, which benefits industries by offering a wide range of services and being reasonably priced. Automating the manufacturing process with industrial cloud computing, combined with IoT integration and application, drives market growth on a global scale. The deployment of these services in various sectors and businesses is thus encouraged by the broad range of functions they may perform, including business handling, security screening, and maintenance. The industrial cloud-based services can also handle a high number of data while processing it efficiently, as well as analyze, filter, and manage big data.
Cloud System in Factory Automation is Fueling the Market Growth
In large and mid-sized businesses, embedded systems are increasingly being connected to networks since it is the most economical approach to apply improved practises that deliver results more quickly than normal. The typical targets for using cloud computing in the field of industrial automation are manufacturing executing systems (MES) and production planning systems (PPS). In an industrial setting when there are only few equipment or, particularly, manufacturing processes that can be operated much more efficiently when the cloud is integrated into it, there are no requirements for other separate servers.
The addition of cloud services has already started to modify how things operate in the field of industrial automation. For instance, the architecture of IT structures is changing with the move from a fixed client server architecture to a more distributed architecture with both local and global intelligence. These rapid adoption of cloud in automation is driving the growth in the global industrial cloud market.
Increased Remote Storage and Computational Power is Driving the Market Growth
Cloud computing offers nearly unlimited storage and powerful computing resources with a quick intranet connection without the expense and upkeep of having potent systems and enormous local storage. With shared resources that provide strong processing power and enormous storage on demand in safe faraway data centers with redundancy and power backup, this technique delivers economies of scale. Without a set investment in specialized gear or the continuing expense of software administration, maintenance, and upgrades, businesses only pay for what they actually require. On the other hand, on-site data centers demand allocations of space, hardware, environmental controls, and support personnel in addition to having a large physical footprint. Periodic maintenance on these assets necessitates extra capital expenditures. These advantages are driving the growth in the global industrial cloud market.
Market Segmentation
Global Industrial Cloud Market is segmented into component, type, cloud type, application and end user. On the basis of component, the market is segmented into Solution, Service. Based on the Type, the market is further divided into IaaS, PaaS, SaaS. Based on Cloud Type, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. On the basis of Application, the market is further split into Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution System (MES), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Others. On the bases of end user, the market divided into Oil and Gas, Electric Power Generation, Chemicals, Water and Wastewater Management, Food and Beverages, Mining and Metal, Paper and Pulp, Pharmaceutical and Others.
Company Profiles
Siemens AG, Schneider Electric SE, Honeywell International Inc., Rockwell Automation, Inc., General Electric Company, Telit IOT Solutions, Inc., Microsoft Corporation, PTC Inc., Hitachi Data Systems Corporation, Advantech Co., Ltd., and IBM Corporation and others are among the major players that are driving the growth of the global industrial cloud market.
Report Scope:
In this report, the Global Industrial Cloud Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Industrial Cloud Market, By Component:
o Solution
o Service
- Industrial Cloud Market, By Type:
o IaaS
o PaaS
o SaaS
- Industrial Cloud Market, By Cloud Type:
o Public Cloud
o Private Cloud
o Hybrid Cloud
- Industrial Cloud Market, By Application:
o Supervisory Control and Data Acquisition (SCADA)
o Distributed Control System (DCS)
o Manufacturing Execution System (MES)
o Human Machine Interface (HMI)
o Product Lifecycle Management (PLM)
o Others
- Industrial Cloud Market, By End User:
o Oil and Gas
o Electric Power Generation
o Chemicals
o Water and Wastewater Management
o Food and Beverages
o Mining and Metal
o Paper and Pulp
o Pharmaceutical
o Others
- Industrial Cloud Market, By Region:
o North America
- United States
- Canada
- Mexico
o Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
o Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
o Middle East & Africa
- Israel
- Turkey
- Saudi Arabia
- UAE
- South Africa
o South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Industrial Cloud Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Service Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
4. Voice of Customer
5. Global Industrial Cloud Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Solution, Service)
5.2.2. By Type (IaaS, PaaS, SaaS)
5.2.3. By Cloud Type (Public Cloud, Private Cloud, Hybrid Cloud)
5.2.4. By Application (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Manufacturing Execution System (MES), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Others)
5.2.5. By End User (Oil and Gas, Electric Power Generation, Chemicals, Water and Wastewater Management, Food and Beverages, Mining and Metal, Paper and Pulp, Pharmaceutical and Others)
5.2.6. By Region
5.3. By Company (2022)
5.4. Market Map
6. North America Industrial Cloud Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Type
6.2.3. By Cloud Type
6.2.4. By Application
6.2.5. By End User
6.2.6. By Country
6.3. North America: Country Analysis
6.3.1. United States Industrial Cloud Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Component
6.3.1.2.2. By Type
6.3.1.2.3. By Cloud Type
6.3.1.2.4. By Application
6.3.1.2.5. By End User
6.3.2. Canada Industrial Cloud Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Component
6.3.2.2.2. By Type
6.3.2.2.3. By Cloud Type
6.3.2.2.4. By Application
6.3.2.2.5. By End User
6.3.3. Mexico Industrial Cloud Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Component
6.3.3.2.2. By Type
6.3.3.2.3. By Cloud Type
6.3.3.2.4. By Application
6.3.3.2.5. By End User
7. Asia-Pacific Industrial Cloud Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Type
7.2.3. By Cloud Type
7.2.4. By Application
7.2.5. By End User
7.2.6. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Industrial Cloud Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Type
7.3.1.2.3. By Cloud Type
7.3.1.2.4. By Application
7.3.1.2.5. By End User
7.3.2. Japan Industrial Cloud Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Type
7.3.2.2.3. By Cloud Type
7.3.2.2.4. By Application
7.3.2.2.5. By End User
7.3.3. South Korea Industrial Cloud Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Type
7.3.3.2.3. By Cloud Type
7.3.3.2.4. By Application
7.3.3.2.5. By End User
7.3.4. India Industrial Cloud Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Component
7.3.4.2.2. By Type
7.3.4.2.3. By Cloud Type
7.3.4.2.4. By Application
7.3.4.2.5. By End User
7.3.5. Australia Industrial Cloud Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Component
7.3.5.2.2. By Type
7.3.5.2.3. By Cloud Type
7.3.5.2.4. By Application
7.3.5.2.5. By End User
8. Europe Industrial Cloud Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Type
8.2.3. By Cloud Type
8.2.4. By Application
8.2.5. By End User
8.2.6. By Country
8.3. Europe: Country Analysis
8.3.1. Germany Industrial Cloud Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Type
8.3.1.2.3. By Cloud Type
8.3.1.2.4. By Application
8.3.1.2.5. By End User
8.3.2. United Kingdom Industrial Cloud Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Type
8.3.2.2.3. By Cloud Type
8.3.2.2.4. By Application
8.3.2.2.5. By End User
8.3.3. France Industrial Cloud Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Type
8.3.3.2.3. By Cloud Type
8.3.3.2.4. By Application
8.3.3.2.5. By End User
8.3.4. Italy Industrial Cloud Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Type
8.3.4.2.3. By Cloud Type
8.3.4.2.4. By Application
8.3.4.2.5. By End User
8.3.5. Spain Industrial Cloud Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Type
8.3.5.2.3. By Cloud Type
8.3.5.2.4. By Application
8.3.5.2.5. By End User
9. South America Industrial Cloud Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Type
9.2.3. By Cloud Type
9.2.4. By Application
9.2.5. By End User
9.2.6. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Industrial Cloud Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Type
9.3.1.2.3. By Cloud Type
9.3.1.2.4. By Application
9.3.1.2.5. By End User
9.3.2. Argentina Industrial Cloud Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Type
9.3.2.2.3. By Cloud Type
9.3.2.2.4. By Application
9.3.2.2.5. By End User
9.3.3. Colombia Industrial Cloud Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Type
9.3.3.2.3. By Cloud Type
9.3.3.2.4. By Application
9.3.3.2.5. By End User
10. Middle East & Africa Industrial Cloud Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Type
10.2.3. By Cloud Type
10.2.4. By Application
10.2.5. By End User
10.2.6. By Country
10.3. Middle East & Africa: Country Analysis
10.3.1. Israel Industrial Cloud Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Type
10.3.1.2.3. By Cloud Type
10.3.1.2.4. By Application
10.3.1.2.5. By End User
10.3.2. Turkey Industrial Cloud Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Type
10.3.2.2.3. By Cloud Type
10.3.2.2.4. By Application
10.3.2.2.5. By End User
10.3.3. UAE Industrial Cloud Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Type
10.3.3.2.3. By Cloud Type
10.3.3.2.4. By Application
10.3.3.2.5. By End User
10.3.4. Saudi Arabia Industrial Cloud Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Component
10.3.4.2.2. By Type
10.3.4.2.3. By Cloud Type
10.3.4.2.4. By Application
10.3.4.2.5. By End User
10.3.5. South Africa Industrial Cloud Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Component
10.3.5.2.2. By Type
10.3.5.2.3. By Cloud Type
10.3.5.2.4. By Application
10.3.5.2.5. By End User
11. Market Dynamics
11.1. Drivers
11.1.1. Rise In Demand in Manufacturing Is Fueling the Market Growth
11.1.2. Cloud System in Factory Automation Is Fueling the Market Growth
11.2. Challenges
11.2.1. High Infrastructure Cost
12. Market Trends & Developments
12.1. Rising demand in Automotive industry
12.2. Rising Technological Advancement
12.3. Rising Merger and Acquisition
13. Company Profiles
13.1. Siemens AG
13.1.1. Business Overview
13.1.2. Key Revenue (If Available)
13.1.3. Recent Developments
13.1.4. Key Personnel
13.1.5. Key Product/Service Offered
13.2. Schneider Electric SE
13.2.1. Business Overview
13.2.2. Key Revenue (If Available)
13.2.3. Recent Developments
13.2.4. Key Personnel
13.2.5. Key Product/Service Offered
13.3. Honeywell International Inc.,
13.3.1. Business Overview
13.3.2. Key Revenue (If Available)
13.3.3. Recent Developments
13.3.4. Key Personnel
13.3.5. Key Product/Service Offered
13.4. Rockwell Automation, Inc.
13.4.1. Business Overview
13.4.2. Key Revenue (If Available)
13.4.3. Recent Developments
13.4.4. Key Personnel
13.4.5. Key Product/Service Offered
13.5. General Electric Company
13.5.1. Business Overview
13.5.2. Key Revenue (If Available)
13.5.3. Recent Developments
13.5.4. Key Personnel
13.5.5. Key Product/Service Offered
13.6. Telit IOT Solutions, Inc.
13.6.1. Business Overview
13.6.2. Key Revenue (If Available)
13.6.3. Recent Developments
13.6.4. Key Personnel
13.6.5. Key Product/Service Offered
13.7. Microsoft Corporation
13.7.1. Business Overview
13.7.2. Key Revenue (If Available)
13.7.3. Recent Developments
13.7.4. Key Personnel
13.7.5. Key Product/Service Offered
13.8. Hitachi Data Systems Corporation
13.8.1. Business Overview
13.8.2. Key Revenue (If Available)
13.8.3. Recent Developments
13.8.4. Key Personnel
13.8.5. Key Product/Service Offered
13.9. Advantech Co., Ltd.
13.9.1. Business Overview
13.9.2. Key Revenue (If Available)
13.9.3. Recent Developments
13.9.4. Key Personnel
13.9.5. Key Product/Service Offered
13.10. IBM Corporation
13.10.1. Business Overview
13.10.2. Key Revenue (If Available)
13.10.3. Recent Developments
13.10.4. Key Personnel
13.10.5. Key Product/Service Offered
13.11. PTC Inc.
13.11.1. Business Overview
13.11.2. Key Revenue (If Available)
13.11.3. Recent Developments
13.11.4. Key Personnel
13.11.5. Key Product/Service Offered
14. Strategic Recommendations
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