Cloud Manufacturing Market 2019: Company Profiles, Industry Segments, Landscape, Global Trends and Demand by Forecast to 2023
Cloud Manufacturing Market Highlights:
The cloud manufacturing market is estimated to register rapid growth rate globally during the review period. With the rising need for IoT technology in internal and external manufacturing firms, growing expansion of managed and professional services, requirement for advanced cloud service, and growing awareness about cost-effective cloud services, the global market for advanced cloud service is likely to prosper. Moreover, development of cloud-based solutions, stringent government mandates associated with developments in the manufacturing industry, and growth in the BYOD trend are further driving the market.
On the flip side, lack of awareness regarding cloud manufacturing and high initial investment are some of the major factors likely to retard the market growth globally in the coming years.
The global Cloud Manufacturing Market is projected to reach USD 132 Billion at a CAGR of over 23% by the end of the forecast period.
In the global cloud manufacturing market, Asia Pacific is anticipated to grow with the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of cloud service and increase in a number of small & medium size enterprises that offers cloud solution.
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Major Key Players:
- Hewlett Packard Enterprise Company (U.S.)
- Salesforce.com, Inc. (U.S.)
- Citrix Systems, Inc. (U.S.)
- Microsoft Corporation (U.S.)
- Google LLC (U.S.)
- Plex Systems, Inc. (U.S.)
- Jelastic, Inc. (U.S.)
- Rootstock Software (U.S.)
- Amazon.com Inc. (U.S.)
- Cisco Systems, Inc. (U.S.)
- DXC Technology (U.S.)
- VMware, Inc. (U.S.)
- Oracle Corporation (U.S.)
Cloud Manufacturing Market Segmentation:
The global cloud manufacturing market is segmented into component, technology, deployment model, organization size, and industry vertical. The component segment comprises hardware, software, and service. The service segment consists of Software-as-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS).
The technology segment consists of Active Server Pages (ASP), AM, NM, Mgrid, virtualization, Internet of Things (IoT), cloud computing and others. The deployment model segment consists of private cloud, public cloud, and hybrid cloud. The organization segment comprises small & medium enterprises and large enterprises. The industry vertical segment consists of BFSI, IT & telecommunication, manufacturing, healthcare, retail & e-commerce, aerospace and defense, oil & gas, chemical, and food & beverages.
Regional Analysis:
The global cloud manufacturing market is studied in North America, Europe, Asia Pacific, and Rest of the World. North America market is expected to have the largest market share in the global cloud manufacturing market owing to the presence of major players, well-established research & development center and high investment in IT & telecommunication, automotive, chemical and semiconductor & electronics industry.
Asia Pacific region is expected to be the fastest growing in the cloud manufacturing market. The growth in the region is attributed to the rising adoption of cloud-based services and need for advanced automation process.
Intended Audience:
- Technology Investors
- Research/Consultancy Firms
- Software Providers
- System Integrators
- Independent software vendors
- Consulting firms
- Cloud service providers
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Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
List of Tables
Table 1 Global Cloud Manufacturing Market: By Region, 2017-2023
Table 2 North America Cloud Manufacturing Market: By Country, 2017-2023
Table 3 Europe Cloud Manufacturing Market: By Country, 2017-2023
Continued…
List of Figures
Figure 1 Global Cloud Manufacturing Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Cloud Manufacturing Market
Continued…
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