Global Factory Automation Platform as a Service Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	171 Pages	TechNavio	October, 2023	INF18267333

Best Price Guarantee
Price	from $2,500
Length	171 Pages
Publisher	TechNavio
Published Date	October, 2023
SKU	INF18267333

Global Factory Automation Platform As A Service Market 2024-2028

The factory automation platform as a service market is forecasted to grow by USD 2.92 bn during 2023-2028, accelerating at a CAGR of 20% 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.

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, the shift from the capex model to the opex model in the manufacturing industry, and the increasing number of investments in smart factories.

Technavio's factory automation platform as a service market is segmented as below:

By Component

Platform
Professional service

By End-user

Large enterprises
SMEs

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the increasing focus on edge computing as one of the prime reasons driving the factory automation platform as a service market growth during the next few years. Also, the increasing number of strategic collaborations and virtualization of industrial automation will lead to sizable demand in the market.

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 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 factory automation platform as a service market vendors that include ABB Ltd., Advantech Co. Ltd., Blue Prism Group plc, 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, Telit, Veea Inc., YASH Technologies Inc., Yokogawa Electric Corp., and Siemens AG. Also, the factory automation platform as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage 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 publisher 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 the accurate market growth

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Component
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global factory automation platform as a service market 2018 - 2022
  - Table Historic Market Size – Data Table on global factory automation platform as a service market 2018 - 2022 ($ million)
- Component Segment Analysis 2018 - 2022
  - Table Historic Market Size – Component Segment 2018 - 2022 ($ million)
- End-User Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-User Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Component
- Market segments
  - Table Chart on Component - Market share 2023-2028 (%)
  - Table Data Table on Component - Market share 2023-2028 (%)
- Comparison by Component
  - Table Chart on Comparison by Component
  - Table Data Table on Comparison by Component
- Platform - Market size and forecast 2023-2028
  - Table Chart on Platform - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Platform - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Platform - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Platform - Year-over-year growth 2023-2028 (%)
- Professional service - Market size and forecast 2023- 2028
  - Table Chart on Professional service - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Professional service - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Professional service - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Professional service - Year-over-year growth 2023-2028 (%)
- Market opportunity by Component
  - Table Market opportunity by Component ($ million)
  - Table Data Table on Market opportunity by Component ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Large enterprises - Market size and forecast 2023-2028
  - Table Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
- SMEs - Market size and forecast 2023-2028
  - Table Chart on SMEs - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
  - Table Chart on SMEs - Year-over-year growth 2023-2028 (%)
  - Table Data Table on SMEs - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Ease of IT and OT convergence
  - Shift from CAPEX model to OPEX model in manufacturing industry
  - Increasing number of investments in smart factories
- Market challenges
  - Data privacy and security concerns
  - High installed base of legacy automation software
  - Operational challenges with implementation of PaaS
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing focus on edge computing
  - Increasing number of strategic collaborations
  - Virtualization of industrial automation
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- Advantech Co. Ltd.
  - Table Advantech Co. Ltd. - Overview
  - Table Advantech Co. Ltd. - Business segments
  - Table Advantech Co. Ltd. - Key offerings
  - Table Advantech Co. Ltd. - Segment focus
- ClearBlade Inc.
  - Table ClearBlade Inc. - Overview
  - Table ClearBlade Inc. - Product / Service
  - Table ClearBlade Inc. - Key news
  - Table ClearBlade Inc. - Key offerings
- Crosser Technologies
  - Table Crosser Technologies - Overview
  - Table Crosser Technologies - Product / Service
  - Table Crosser Technologies - Key offerings
- Emerson Electric Co.
  - Table Emerson Electric Co. - Overview
  - Table Emerson Electric Co. - Business segments
  - Table Emerson Electric Co. - Key news
  - Table Emerson Electric Co. - Key offerings
  - Table Emerson Electric Co. - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Honeywell International Inc.
  - Table Honeywell International Inc. - Overview
  - Table Honeywell International Inc. - Business segments
  - Table Honeywell International Inc. - Key news
  - Table Honeywell International Inc. - Key offerings
  - Table Honeywell International Inc. - Segment focus
- Litmus Automation Inc.
  - Table Litmus Automation Inc. - Overview
  - Table Litmus Automation Inc. - Product / Service
  - Table Litmus Automation Inc. - Key offerings
- Microsoft Corp.
  - Table Microsoft Corp. - Overview
  - Table Microsoft Corp. - Business segments
  - Table Microsoft Corp. - Key news
  - Table Microsoft Corp. - Key offerings
  - Table Microsoft Corp. - Segment focus
- Mitsubishi Electric Corp.
  - Table Mitsubishi Electric Corp. - Overview
  - Table Mitsubishi Electric Corp. - Business segments
  - Table Mitsubishi Electric Corp. - Key news
  - Table Mitsubishi Electric Corp. - Key offerings
  - Table Mitsubishi Electric Corp. - Segment focus
- Panasonic Holdings Corp.
  - Table Panasonic Holdings Corp. - Overview
  - Table Panasonic Holdings Corp. - Business segments
  - Table Panasonic Holdings Corp. - Key news
  - Table Panasonic Holdings Corp. - Key offerings
  - Table Panasonic Holdings Corp. - Segment focus
- PTC Inc.
  - Table PTC Inc. - Overview
  - Table PTC Inc. - Business segments
  - Table PTC Inc. - Key offerings
  - Table PTC Inc. - Segment focus
- Schneider Electric SE
  - Table Schneider Electric SE - Overview
  - Table Schneider Electric SE - Business segments
  - Table Schneider Electric SE - Key news
  - Table Schneider Electric SE - Key offerings
  - Table Schneider Electric SE - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
- Telit
  - Table Telit - Overview
  - Table Telit - Product / Service
  - Table Telit - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations