Global Industrial Cloud Platform Market by Type (Public Cloud Platform, Private Cloud Platform, Hybrid Cloud Platform), By Application (Construction, Real Estate, Biotechnology and Pharmaceuticals, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global industrial cloud platform market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based services and solutions in various industrial sectors. The public cloud platform segment is expected to hold the largest share of the global industrial cloud platform market during the forecast period, owing to its low cost and easy accessibility. However, private and hybrid clouds are also gaining traction due to their enhanced security features and customized offerings. In terms of applications, construction is expected to be the fastest-growing sector in terms of adoption of industrial cloud platforms during the forecast period. This can be attributed to increased investments in smart cities across regions such as North America, Europe, Asia Pacific, and Latin America.



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Product Definition:

Industrial cloud platforms are designed to provide the tools and services necessary to help manage and monitor industrial processes. They can provide a single pane of glass view into all the data from disparate systems, making it easier to identify issues and trends. Additionally, they can often provide more sophisticated analytics capabilities than traditional SCADA systems. Industrial cloud platforms can be important for improving efficiency, reducing downtime, and maximizing production in industrial settings.

Public Cloud Platform:

Public cloud platform is a set of technologies that provides shared resources and infrastructure to several organizations. It helps in reducing cost, improving flexibility, and increasing scalability. The technology is majorly used by small & medium enterprises as it offers low-cost computing resource to the companies which are expected to grow at a significant rate over the next seven years.

Private Cloud Platform:

Private cloud platform is a software-centric architecture that delivers shared pools of storage, computing and networking resources on an as-needed basis. Private clouds are also known as “Internal Cloud” or “On-premise Cloud”. They are a combination of public cloud services such as IaaS (Infrastructure-as-a-Service) and PaaS (Platforms-as -a -Service).

Application Insights:

The construction industry is anticipated to be one of the prominent application sectors for the global industrial cloud platform market. The growth can be attributed to increasing demand for information technology-enabled solutions in this sector. For instance, Caterpillar Inc., a multinational manufacturer of construction and mining equipment, has deployed Microsoft Azure infrastructure as part of its digital transformation journey.

The real estate industry is also expected to witness significant growth over the forecast period owing to increasing investments in digitization initiatives across various functions such as property search and listing, sales and marketing activities, accounting & finance operations, etc. Furthermore, growing concerns about data loss & cyber-attacks are prompting real estate companies worldwide to shift towards secure cloud platforms with enhanced security features such as multi-factor authentication (MFA).

Regional Analysis:

The North American regional market dominated the global industry in 2017. The growth of the region can be attributed to several factors such as increasing government investments in cloud infrastructure, growing adoption of technologies by various industries and rapid digitalization. Moreover, rising demand for high-speed internet services is also expected to drive regional market growth over the forecast period.

Asia Pacific is projected to emerge as a lucrative region during the forecast period owing to increasing spending on industrial automation and implementation of new technologies across various end-use industries in China and India. In addition, increased use of ICTs has led to an increase in demand for cloud platforms across numerous Asian countries; hence driving this regional market forward with a CAGR exceeding 7% from 2018 to 2030  (USD X billion). Furthermore, major players are expanding their reach into emerging countries such as Indonesia through acquisitions or partnerships thereby fueling overall revenue generation within APAC region. For instance, IBM Corporation acquired SoftLayer Technologies Inc.

Growth Factors:

Increasing demand for data-driven decision making across industries is fueling the growth of industrial cloud platforms.
The need for improved agility and faster time to market is also driving the adoption of industrial cloud platforms.
Growing number of connected devices and sensors is creating new opportunities for industrial cloud platform providers.
Rising demand for Industrial Internet of Things (IIoT) applications is also contributing to the growth of industrial cloud platforms market.  5) The increasing focus on security and compliance in manufacturing sector is fueling the growth of industrial cloud platforms market


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Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Cloud Platform Market Research Report
By Type
Public Cloud Platform, Private Cloud Platform, Hybrid Cloud Platform
By Application
Construction, Real Estate, Biotechnology and Pharmaceuticals, Other
By Companies
Amazon, Microsoft, IBM, Google, Salesforce, Oracle, SAP, General Electric, Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.

Global Industrial Cloud Platform Market Report Segments:
The global Industrial Cloud Platform market is segmented on the basis of:
Types
Public Cloud Platform, Private Cloud Platform, Hybrid Cloud Platform
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Real Estate, Biotechnology and Pharmaceuticals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Amazon
Microsoft
IBM
Google
Salesforce
Oracle
SAP
General Electric
Bosch



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Highlights of The Industrial Cloud Platform Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Public Cloud Platform
Private Cloud Platform
Hybrid Cloud Platform
By Application:
Construction
Real Estate
Biotechnology and Pharmaceuticals
Other
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Cloud Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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