New ARC Advisory Group research on cloud application platforms with IoT reveals an uneven short-term market. However, cloud platforms are emerging as critical tools for digital transformation in industrial, energy, and public-sector markets. As users becomes more adept at deploying microservice-based technology to improve organizational processes and support service-based business models, adoption is likely to accelerate rapidly. North America is moving to invest for scale. Asia-Pacific, led by China, is just getting started and likely to increase spending significantly for IoT and cloud-based applications.
“Together with machine learning and artificial intelligence, modern cloud-based application development and runtime platforms are changing how industrial organizations use software. Companies cannot remain on older platforms and still compete effectively. However, making sense of the emerging platforms market is no easy task,” said Michael Guilfoyle, Director of Research at ARC Advisory Group and key author of ARC’s Cloud Application Platforms with Internet of Things Global Market Research 2017-2022 report.
About the Cloud Application Platforms with IoT Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the cloud application platforms with IoT market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue category, industry, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.