Global Cloud Computing In Industrial IoT Market Overview:
Cloud computing allows organizations to store and oversee information over cloud platforms, giving adaptability in the conveyance of utilizations and programming as a help. Cloud computing additionally permits information move and capacity through the web that empowers continuous information move between gadgets, applications, and the cloud. Internet of Things produces a tremendous amount of information each second. Cloud computing helps in the capacity and investigation of this information with the goal that venture can get the greatest advantage of an IoT framework. IoT arrangement ought to associate and permit correspondence between things, individuals, and cycles, and cloud computing assumes a vital part in this coordinated effort to make high visibility.
Growth Drivers
- The rapid adoption of cloud platforms throughout the globe
- Flexible nature of the cloud computing
Roadblocks
- High initial cost required for setting up a framework
- Growing concerns regarding privacy and security of data
Opportunities
- Development of technology that is cost-effective
- Development of technology infrastructure in the emerging countries
Challenges
- Reduction of cybersecurity-related problems
- High research and development cost of technology advancement
Competitive Landscape:
The leading organizations in the technology supplying are now more focused on setting up effective joint ventures, acquisitions, and collaborations in order to expand their respective consumer bases. By doing so, they stand to boost their given target bases by being able to cater to them on both a global as well as domestic level.
Some of the key players profiled in the report are Amazon Web Services Inc. (United States), CISCO (United States), Cumulocity GmBH (Germany), DXC Technology Company (United States), General Electric (United States), Honeywell International Inc. (United States), IBM (United States), Intel Corporation (United States), Iron Mountain Incorporated (United States) and Microsoft Corporation (United States). Additionally, following companies can also be profiled that are part of our coverage like Asigra Inc. (Canada), Carbonite Inc. (United States) and FUJITSU (Japan). Analyst at AMA Research see United States Players to retain maximum share of Global Cloud Computing In Industrial IoT market by 2026.
On 27 July 2021, DXC Technology announced the launch of a new “pay-per-use” cloud consumption service model as part of its hybrid cloud and multi-cloud offering, expanding upon its partnerships with VMware and Amazon Web Services Inc. This integrated, scalable and more secure platform provides customers with a bridge from their on-premises environments to the cloud with no minimum term or volume commitments.
What Can be Explored with the Cloud Computing In Industrial IoT Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cloud Computing In Industrial IoT Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cloud Computing In Industrial IoT
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cloud Computing In Industrial IoT market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cloud Computing In Industrial IoT market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Robotics companies, Cloud SPI companies, Manufacturing companies, Systems integration companies, Industrial automation companies, IoT and industrial service providers, Cloud infrastructure and services companies, Industrial Associations and Government Regulatory Authorities.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.