Global Virtualization in Industrial Automation Market 2020-2024

Global Virtualization In Industrial Automation Market 2020-2024

The author has been monitoring the virtualization in industrial automation market and it is poised to grow by $ 216.39 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The reports on virtualization in industrial automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high flexibility in operating an industrial automation system and reduced replacement and upgrading of legacy systems and software. In addition, the ability to run multiple operating systems on a single physical server is anticipated to boost the growth of the market as well.

The virtualization in industrial automation market analysis includes end-user segment and geographical landscape.

The virtualization in industrial automation market is segmented as below:

By End-user

• Process industry
• Discrete industry

By Geography landscapes

• APAC
• North America
• Europe
• South America
• MEA

This study identifies the improvement in NFV technology as one of the prime reasons driving the virtualization in industrial automation market growth during the next few years. Also, the shift from on-premise servers to cloud servers and SDS aiding the setting up of hybrid cloud will lead to sizable demand in the market.

The author 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.

The virtualization in the industrial automation market covers the following areas:

• Virtualization in industrial automation market sizing
• Virtualization in industrial automation market forecast
• Virtualization in industrial automation market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtualization in industrial automation market vendors that include Cisco Systems Inc., Citrix Systems Inc., General Electric Co., Honeywell International Inc., International Business Machines Corp., Oracle Corp., Schneider Electric SE, Siemens AG, Stratus Technologies Inc., and VMware Inc. Also, the virtualization in the industrial automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

The author 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 research - both primary and secondary. 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 an accurate market growth.