Industry Background:
Manufacturing is becoming a major sector in various emerging countries. With the advent of cloud in the manufacturing industry, which creates a networked manufacturing infrastructure to produce goods. In different words, manufacturers are using the internet to share manufacturing equipment to reduce costs and make better products. With the help of a cloud for manufacturing that delivered a breathing space to manufacturers. As the global cloud computing market is reaching near about USD 400 billion by FY 2020, because of an increasing number of manufacturing companies’ acceptance of the cloud to streamline their processes.This growth is primarily driven by There is a growing demand for digitization in the manufacturing industry also with continuous change in technology. From the state of acquisition of raw materials to production and inventory management to delivery, cloud computing is playing a major role. With the growing demand from manufacturers for the flexibility to access data from any location with advanced security..
Globally, a noticeable market trend is evident Rapid Adoption of Cloud to Manage the Day-to-Day Operations of their Businesses
. Major Players, such as Plex (United States), Sana Commerce (Netherlands), MRPeasy (European Union), e-Zest Solutions Inc. (United States), MacroFab (United States), Protocam (United States), Oracle Corporation (United States), Inspirisys (India), Hindawi (United Kingdom) and Katana (Europe) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In May 2020, AnyMind Group announced the launch of AnyFactory, a cloud manufacturing platform that connects individuals and businesses with factories across Asia. Through this initiative, the company is trying to become more competitive in the market.
Market Drivers
- There is a growing demand for digitization in the manufacturing industry also with continuous change in technology. From the state of acquisition of raw materials to production and inventory management to delivery, cloud computing is playing a major role. With the growing demand from manufacturers for the flexibility to access data from any location with advanced security.
Market Trend
- Rapid Adoption of Cloud to Manage the Day-to-Day Operations of their Businesses
- Growing Acceptance for the Supply Chain Management
Restraints
Opportunities
Growing Movement Towards Mobile and Rapid Availability of Social Tools Which Brings Enhanced Collaboration to the Cloud
Challenges
Lack of Consumer Awareness in Under Developing Regions
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cloud Based Manufacturing Study Sheds Light on
The Cloud Based Manufacturing Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cloud Based Manufacturing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Based Manufacturing industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.