DUBLIN, March 25, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/b7nwn2/global_industrial) has announced the addition of the "Global Industrial Cloud Market 2016-2020" report to their offering.
The global industrial cloud market is expected to grow at a CAGR of 22.7% during the period 2016-2020.
Cloud-based industrial analytics in industrial automation is growing at a higher rate as organizations are implementing cloud-based predictive analytical solutions to manage data generated from information systems, such as SCADA. Similarly, organizations operating in other industrial sectors (such as manufacturing and energy) are widely implementing cloud-based analytical solutions. Manufacturing industries are widely adopting data analytics to improve the performance of the manufacturing process.
According to the report, the shift from capital expenditure (CAPEX) to operational expenditure (OPEX) model is the primary reason that drives the increased adoption of cloud computing solutions in several industry verticals. The key benefit of implementing cloud-based solutions is the pay-per-use pricing model. Cloud-based solutions are also flexible in terms of deployment models as cloud services are available in three deployment models:
Further, the report states that data privacy and security risks remain major barriers to the widespread use of cloud-services in organizations, especially the public cloud.
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?
- Amazon Web Services (AWS) Inc.
- GE Co.
- Google Inc.
- IBM Corp.
- Infor Inc.
- Microsoft Corp.
- Siemens AG
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-industrial-cloud-market-2016-2020---shift-from-capex-to-opex-model-300241506.html
SOURCE Research and Markets