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The factory automation platform as a service market is forecasted to grow by USD 56.67 billion during 2024-2029, accelerating at a CAGR of 46.8% during the forecast period. The report on the factory automation platform as a service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by ease of IT and OT convergence, shift from capex model to opex model in manufacturing industry, and increasing number of investments in smart factories.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The factory automation platform as a service market is segmented as below:
By Component
- Platform
- Professional service
By End-user
- Large enterprises
- SMEs
By Application
- Manufacturing operations
- Supply chain management
- Quality control
By Deployment
- Public cloud
- Private cloud
- Hybrid cloud
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the factory automation platform as a service market covers the following areas:
- Factory Automation Platform As A Service Market sizing
- Factory Automation Platform As A Service Market forecast
- Factory Automation Platform As A Service Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Component
9 Market Segmentation by End-user
10 Market Segmentation by Application
11 Market Segmentation by Deployment
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global factory automation platform as a service market: ABB Ltd., Advantech Co. Ltd., Blue Prism Ltd., ClearBlade Inc., Crosser Technologies, Emerson Electric Co., FANUC Corp., General Electric Co., Honeywell International Inc., Litmus Automation Inc., Microsoft Corp., Mitsubishi Electric Corp., Panasonic Holdings Corp., PTC Inc., Schneider Electric SE, Siemens AG, Telit Cinterion, Veea Inc., YASH Technologies Inc., and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on edge computing."
According to the report, one of the major drivers for this market is the ease of it and ot convergence.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advantech Co. Ltd.
- Blue Prism Ltd.
- ClearBlade Inc.
- Crosser Technologies
- Emerson Electric Co.
- FANUC Corp.
- General Electric Co.
- Honeywell International Inc.
- Litmus Automation Inc.
- Microsoft Corp.
- Mitsubishi Electric Corp.
- Panasonic Holdings Corp.
- PTC Inc.
- Schneider Electric SE
- Siemens AG
- Telit Cinterion
- Veea Inc.
- YASH Technologies Inc.
- Yokogawa Electric Corp.
