Factory Automation Platform as a Service (FA PaaS) Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 171 SKU: IRTNTR41239

Factory Automation Platform as a Service (FA PaaS) Market 2024-2028:

The Factory Automation Platform as a Service (FA PaaS) Market size is estimated to grow at a CAGR of 21.51% between 2023 and 2028. The market size is forecast to increase by USD 6,649.1 million. The growth of the market depends on several factors, including ease of IT and OT convergence, a shift from the CAPEX model to the OPEX model in the manufacturing industry, and an increasing number of investments in smart factories. Factory automation platform as a service is a cloud computing service that provides connectivity between automation applications and the cloud. This platform allows factory automation providers and factory operators to develop and deploy cloud-specific applications.

This factory automation platform as a service market report extensively covers market segmentation by component (platform and professional service), end-user (large enterprises and SMEs), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 to 2022.

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Factory Automation Platform as a Service Market Overview

Driver

Ease of IT and OT convergence is notably driving the market growth. Information technology includes physical storage, networking devices, and computers, whereas operational technology includes industrial control systems, such as distributed control systems (DCS), SCADA, and PLC. Traditionally, IT and OT perform separately, as most control systems have separate protocols and closed-network communication systems. The adoption of digital platforms based on cloud-based open APIs orchestrates the ease of data exchange across the ecosystem. This platform follows agile application architectures on PaaS using containers or micro-services, which bridges the gap between IT and OT communication networks through cloud-based platforms. 

Consequently, the factory automation platform as a service offers IoT solution providers a platform to rapidly build and deploy factory automation applications into software-as-a-service (SaaS) applications, thereby reducing the overall time to market. Thus, ease of IT and OT convergence will have a positive impact on the growth of the global market in focus during the forecast period.

Trends

The increasing number of strategic collaborations is an emerging trend shaping market growth. Most vendors in the factory automation platform as a service (FA PaaS) market are partnering with key value chain participants to improve their product capabilities and efficiency. For instance, on September 19, 2023, Red Hat, Inc., the world's largest provider of open-source solutions, announced the development of a new industrial edge platform in conjunction with Intel, which will give a modern method to developing and running industrial controls. In February 2023, Schneider Electric and Capgemini collaborated to accelerate 5g industrial automation, supported by Qualcomm.

However, such collaborations are aimed at increasing the factory automation platform as a service market reach and ensuring ease in the development of a factory automation platform as a service solution. Although the factory automation platform as a service (FA PaaS) market is in its nascent stage, the increasing presence of PaaS and IaaS and the rising number of strategic collaborations are expected to provide high growth opportunities for established vendors in the market during the forecast period.

Restrain

Data privacy and security concerns are significant challenges hindering market growth. Data security has been a primary concern for many organizations. Currently, organizations are focusing on data security policies that govern OpenStack cloud models, which represent a relatively new concept in the market. In addition, attacks such as man-in-the-middle (MiTM) attacks can adversely affect the object storage component. One of the major concerns is that clients do not check the certification authority (CA) credential of the server when executing a secure socket layer (SSL) connection. Owing to such increasing concerns, enterprises are demanding advanced security features for cloud-based applications.

Moreover, the cloud solutions are becoming secure, they are still vulnerable to DDoS attacks, data breaches, unsecured APIs, data loss, and account hijacking. Thus, data privacy and security concerns might pose a critical threat to the adoption of cloud infrastructure, which will hinder the growth of the global factory automation platform as a service market during the forecast period.

Factory Automation Platform as a Service Market Segmentation By Component Segment

The market share growth by the platform segment will be significant during the forecast period. The platform segment of the factory automation platform as a service market includes asset management, remote monitoring, data processing and analytics, application development and management, and security management. 

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The platform segment was the largest and was valued at USD 1,198.22 million in 2018.  The proliferation of IoT-enabled devices in discrete industries to streamline the manufacturing process has increased the need for effective cloud-based platforms to execute data processing and analytical tasks. Such an increase in the demand for IoT-enabled devices requires factory-specific cloud applications to be developed to ensure effective performance. All these factors are driving the growth of platform services for factory automation applications. Such factors are expected to drive the market growth during the forecast period. 

Factory Automation Platform as a Service Market Segmentation By End-user

Factory automation platform as a service for large enterprises refers to a cloud-based or software-based solution that provides a comprehensive suite of tools and services to streamline and optimize manufacturing and production processes within a factory or industrial setting. Large enterprises often choose factory automation platforms as service solutions to modernize their manufacturing operations, improve competitiveness, and stay ahead in a rapidly evolving market. These platforms can help them adapt Industry 4.0 principles, which emphasize the use of digital technologies to create more agile, efficient, and responsive manufacturing processes, which, in turn, will boost the growth of the market in focus during the forecast period.

Regional Overview

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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In 2022, North America had some of the world's most advanced economies, which led to data generation and consumption. The expanding healthcare, automotive, and other discrete industries in the region are increasing the need for high-level cloud infrastructure services, subsequently raising the demand for factory automation platforms as a service in the region. Most manufacturers are focusing on the use of IoT-enabled solutions and cloud platforms to streamline their manufacturing process. They are also focusing on constructing smart factories to develop advanced products.  

However, industrialization and economic growth have resulted in the adoption of the benchmark quality of manufacturing in North America. The industrial sector in the region is technologically mature and has a strong presence and penetration of top vendors that supplement the overall factory automation platform as a service market growth in the region. This is expected to affect the growth of the market in North America during the forecast period.

Factory Automation Platform As A Service Market Customer Landscape

The Factory Automation Platform as a Service Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Factory Automation Platform as a Service Market Customer Landscape

Who are the Major Factory Automation Platforms as a Service Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd. - The company offers a factory automation platform as a service such as Process automation service, which includes applications such as chemical, aluminum, cement, life science, and many more.

Advantech Co. Ltd. - The company offers a factory automation platform as a service such as diverse reliable technologies and solutions for implementing edge computing, IoT, and AIoT, that can provide customers with application-oriented products.

Honeywell International Inc. - The company offers factory automation platform as a service such as Honeywell as a Service which includes navigating technology challenges.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Blue Prism Group plc
  • ClearBlade Inc.
  • Crosser Technologies
  • Emerson Electric Co.
  • FANUC Corp.
  • General Electric Co.
  • 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.
  • Siemens AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The factory automation platform as a service market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Component Outlook (USD Million, 2018 - 2028)
    • Platform
    • Professional service
  •  End-user Outlook (USD Million, 2018 - 2028)
    • Large enterprises
    • SMEs
  • Region Outlook (USD Million, 2018 - 2028)
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil 
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

 

Factory Automation Platform As A Service Market Scope

Report Coverage

Details

Page number

171

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 21.51%

Market Growth 2024-2028

USD 6,649.1 million

Market structure

Fragmented

YoY growth 2023-2024(%)

21.01

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

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

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Factory Automation Platform As A Service Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global factory automation platform as a service market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global factory automation platform as a service market 2018 - 2022 ($ million)
    • 4.2 Component Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Component Segment 2018 - 2022 ($ million)
    • 4.3 End-User Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-User Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 30: Chart on Component - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Component - Market share 2023-2028 (%)
    • 6.2 Comparison by Component
      • Exhibit 32: Chart on Comparison by Component
      • Exhibit 33: Data Table on Comparison by Component
    • 6.3 Platform - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Platform - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Platform - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Platform - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Platform - Year-over-year growth 2023-2028 (%)
    • 6.4 Professional service - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Professional service - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Professional service - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Professional service - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Professional service - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Component
      • Exhibit 42: Market opportunity by Component ($ million)
      • Exhibit 43: Data Table on Market opportunity by Component ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Large enterprises - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
    • 7.4 SMEs - Market size and forecast 2023-2028
      • Exhibit 52: Chart on SMEs - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on SMEs - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on SMEs - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on SMEs - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 56: Market opportunity by End-user ($ million)
      • Exhibit 57: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 UK - Market size and forecast 2023-2028
      • Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 111: ABB Ltd. - Overview
              • Exhibit 112: ABB Ltd. - Business segments
              • Exhibit 113: ABB Ltd. - Key offerings
              • Exhibit 114: ABB Ltd. - Segment focus
            • 12.4 Advantech Co. Ltd.
              • Exhibit 115: Advantech Co. Ltd. - Overview
              • Exhibit 116: Advantech Co. Ltd. - Business segments
              • Exhibit 117: Advantech Co. Ltd. - Key offerings
              • Exhibit 118: Advantech Co. Ltd. - Segment focus
            • 12.5 ClearBlade Inc.
              • Exhibit 119: ClearBlade Inc. - Overview
              • Exhibit 120: ClearBlade Inc. - Product / Service
              • Exhibit 121: ClearBlade Inc. - Key news
              • Exhibit 122: ClearBlade Inc. - Key offerings
            • 12.6 Crosser Technologies
              • Exhibit 123: Crosser Technologies - Overview
              • Exhibit 124: Crosser Technologies - Key offerings
            • 12.7 Emerson Electric Co.
              • Exhibit 125: Emerson Electric Co. - Overview
              • Exhibit 126: Emerson Electric Co. - Business segments
              • Exhibit 127: Emerson Electric Co. - Key news
              • Exhibit 128: Emerson Electric Co. - Key offerings
              • Exhibit 129: Emerson Electric Co. - Segment focus
            • 12.8 General Electric Co.
              • Exhibit 130: General Electric Co. - Overview
              • Exhibit 131: General Electric Co. - Business segments
              • Exhibit 132: General Electric Co. - Key news
              • Exhibit 133: General Electric Co. - Key offerings
              • Exhibit 134: General Electric Co. - Segment focus
            • 12.9 Honeywell International Inc.
              • Exhibit 135: Honeywell International Inc. - Overview
              • Exhibit 136: Honeywell International Inc. - Business segments
              • Exhibit 137: Honeywell International Inc. - Key news
              • Exhibit 138: Honeywell International Inc. - Key offerings
              • Exhibit 139: Honeywell International Inc. - Segment focus
            • 12.10 Litmus Automation Inc.
              • Exhibit 140: Litmus Automation Inc. - Overview
              • Exhibit 141: Litmus Automation Inc. - Product / Service
              • Exhibit 142: Litmus Automation Inc. - Key offerings
            • 12.11 Microsoft Corp.
              • Exhibit 143: Microsoft Corp. - Overview
              • Exhibit 144: Microsoft Corp. - Business segments
              • Exhibit 145: Microsoft Corp. - Key news
              • Exhibit 146: Microsoft Corp. - Key offerings
              • Exhibit 147: Microsoft Corp. - Segment focus
            • 12.12 Mitsubishi Electric Corp.
              • Exhibit 148: Mitsubishi Electric Corp. - Overview
              • Exhibit 149: Mitsubishi Electric Corp. - Business segments
              • Exhibit 150: Mitsubishi Electric Corp. - Key news
              • Exhibit 151: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 152: Mitsubishi Electric Corp. - Segment focus
            • 12.13 Panasonic Holdings Corp.
              • Exhibit 153: Panasonic Holdings Corp. - Overview
              • Exhibit 154: Panasonic Holdings Corp. - Business segments
              • Exhibit 155: Panasonic Holdings Corp. - Key news
              • Exhibit 156: Panasonic Holdings Corp. - Key offerings
              • Exhibit 157: Panasonic Holdings Corp. - Segment focus
            • 12.14 PTC Inc.
              • Exhibit 158: PTC Inc. - Overview
              • Exhibit 159: PTC Inc. - Business segments
              • Exhibit 160: PTC Inc. - Key offerings
              • Exhibit 161: PTC Inc. - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 162: Schneider Electric SE - Overview
              • Exhibit 163: Schneider Electric SE - Business segments
              • Exhibit 164: Schneider Electric SE - Key news
              • Exhibit 165: Schneider Electric SE - Key offerings
              • Exhibit 166: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 167: Siemens AG - Overview
              • Exhibit 168: Siemens AG - Business segments
              • Exhibit 169: Siemens AG - Key news
              • Exhibit 170: Siemens AG - Key offerings
              • Exhibit 171: Siemens AG - Segment focus
            • 12.17 Telit
              • Exhibit 172: Telit - Overview
              • Exhibit 173: Telit - Product / Service
              • Exhibit 174: Telit - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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