Market Highlights:
Cloud manufacturing is the process of utilizing data from well-established manufacturing resources such as Enterprise Resource Planning (ERP) via the cloud. Cloud manufacturing enables users by managing entire manufacturing process starting from designing stage to production to maintenance. The manufacturing process can be executed through different cloud solutions such as computing, virtualization, and internet of things (IoT).
Cloud manufacturing service enhance enterprise business operation by minimizing the cost associated with the IT infrastructure, offers strong security, improves and maintains data quality. The cloud-based solution helps enterprises to focus on core business competencies instead. The major growth driver of cloud manufacturing market includes growing need for IoT technology in external and internal manufacturing firms, the requirement for advance cloud service, growing expansion of professional and managed services, and increasing awareness about cost-effective cloud services among others.
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Major Key Players:
• Hewlett Packard Enterprise Company (U.S.)
• Salesforce.com, Inc. (U.S.)
• Citrix Systems, Inc. (U.S.)
• Microsoft Corporation (U.S.)
• Google LLC (U.S.)
• Plex Systems, Inc. (U.S.)
• Jelastic, Inc. (U.S.)
• Rootstock Software (U.S.)
• Amazon.com Inc. (U.S.)
• Cisco Systems, Inc. (U.S.)
• DXC Technology (U.S.)
• VMware, Inc. (U.S.)
• Oracle Corporation (U.S.)

The global Cloud Manufacturing Market is projected to reach USD 132 Billion at a CAGR of over 23% by the end of the forecast period.

Regional Analysis
The global cloud manufacturing market is studied in North America, Europe, Asia Pacific, and Rest of the World. North America market is expected to have the largest market share in the global cloud manufacturing market owing to the presence of major players, well-established research & development center and high investment in IT & telecommunication, automotive, chemical and semiconductor & electronics industry.

Asia Pacific region is expected to be the fastest growing in the cloud manufacturing market. The growth in the region is attributed to the rising adoption of cloud-based services and need for advanced automation process.

Cloud Manufacturing Market Segmentation:
The global cloud manufacturing market is segmented into component, technology, deployment model, organization size, and industry vertical. The component segment comprises hardware, software, and service. The service segment consists of Software-as-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS).

The technology segment consists of Active Server Pages (ASP), AM, NM, Mgrid, virtualization, Internet of Things (IoT), cloud computing and others. The deployment model segment consists of private cloud, public cloud, and hybrid cloud. The organization segment comprises small & medium enterprises and large enterprises. The industry vertical segment consists of BFSI, IT & telecommunication, manufacturing, healthcare, retail & e-commerce, aerospace and defense, oil & gas, chemical, and food & beverages.

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Intended Audience:
• Technology Investors
• Research/Consultancy Firms
• Software Providers
• System Integrators
• Independent software vendors
• Consulting firms
• Cloud service providers

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