Discover the Global Industrial Cloud Market To Rise at 22.7% CAGR between 2016 and 2020:

Albany, NY, March 22, 2016 (GLOBE NEWSWIRE) -- About Industrial Cloud

The industrial cloud is all about using information technologies to manage end-to-end production processes in heavy industries and manufacturing units. Industrial cloud solutions are designed and developed to aid the manufacturing process in the shop floor. The data generated during manufacturing and production processes should be efficiently managed and can yield insights that can be fed into key decision-making processes. Industrial cloud systems provide an integrated platform that helps implement numerous industrial applications designed to enhance operational visibility and industrial automation.

Technavios analysts forecast the Global Industrial Cloud Market to grow at a CAGR of 22.7% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial cloud market for 2016-2020. To calculate the market size, the report considers the revenue generated from the use of cloud solutions in the manufacturing and industrial sectors offered by vendors in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio's report, Global Industrial Cloud Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Amazon Web Services (AWS) Inc.
  • GE Co.
  • Google Inc.
  • IBM Corp.
  • Infor Inc.
  • Microsoft Corp.
  • Siemens AG

Other prominent vendors

  • Epicor Software
  • Oracle
  • Prevas
  • QAD
  • Rackspace
  • Red Hat
  • Rockwell Automation
  • SAP
  • Schneider Electric
  • VMware

Market driver

  • Shift from CAPEX to OPEX model
  • For a full, detailed list, view our report

Market challenge

  • Indecisive cloud migration
  • For a full, detailed list, view our report

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Market trend

  • Increased adoption of cloud-based industrial analytics
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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Source: MarketResearchReports.Biz