Ability of cloud computing to automate the industrial manufacturing process with the help of IoT is the major growth factor of the global industrial cloud market. In addition, ability of cloud-based services to manage large volumes of structured and unstructured data propels the market growth. The emergence of hybrid cloud services and cloud brokerage services is anticipated to provide potential growth opportunities for the industrial cloud market.
The global industrial cloud market is segmented on the basis of service type and region. The service segment includes PaaS, IaaS, and SaaS. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in this market are Siemens AG, Microsoft Corp., Infor Inc., IBM Corp. Google Inc., Amazon Web Services (AWS) Inc., GE Co., Cisco, Oracle, and SAP SE.
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