Industrial Access Platforms Market

Global Industrial Access Platforms Market: Introduction

Industrial access platforms enable Industrial IoT edge software platforms to perform tasks such as device management, application development, enablement, and execution, hardware/software virtualization, and/or container orchestration. The platform provides integration of machine processes, assets, physical devices, and applications with internet enabled architecture.

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Global Industrial Access Platforms Market – Dynamics

Positive Shift toward Industrial Automation through Industry 4.0 driving Growth of the Industrial Access Platforms Market

The primary focus of Industry 4.0 is availability of all relevant information in real-time by connecting all the components which are involved in the value chain process. This has increased investment across the globe specific to industrial automation, which is driving the demand for industrial access platforms that provide an architecture to monitor, run, and control the value chain components within an organization in real-time.

Lack of Communication Infrastructure Hampering Growth of the Industrial Access Platforms Market

It has been observed that lack of proper communication infrastructure in regions such as Asia Pacific and South America has impacted investment with regards to industry automation and Industry 4.0. The lack of network infrastructure as well as initial high cost of automation within organizations (specifically in production and manufacturing) is impacting the growth of the market.

North America to Dominate the Global Industrial Access Platforms Market

In terms of region, the global industrial access platforms market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the industrial access platforms market during the forecast period due to strong adoption of Industrial Internet of Things (IoT) Edge Software Platforms across different organizations.

COVID-19 Impact on the Global Industrial Access Platforms Market

The COVID-19 pandemic is expected to moderately impact the global industrial access platforms market. Lockdown in various nations and hold on production as well as movement of non-essential goods across the globe has impacted new technology investment and increased the risk of new capital investment. COVID-19 has also made stakeholders within SMEs more skeptical in terms of new major technology improvement enhancement within the manufacturing industry.

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Global Industrial Access Platforms Market – Competition Landscape

• In November 2020, Sequitur Labs, a provider of IoT security solutions and NVIDIA Jetson entered into a partnership. The partnership will provide full support for the NVIDIA Jetson platform and protection of IP at the edge. The NVIDIA Jetson edge AI platform powers a range of industrial IoT applications such as network video recorders, automated optical inspection, and autonomous mobile robots.

Global Industrial Access Platforms Market: Segmentation

The global industrial access platforms market can be segmented based on:

• Enterprise Size
• Industry
• Region

Global Industrial Access Platforms Market, by Enterprise Size

Based on enterprise size, the global industrial access platforms market can be divided into:

• Small & Medium Enterprise
• Large Enterprise

Global Industrial Access Platforms Market, by Industry

In terms of industry, the global industrial access platforms market can be segregated into:

• Banking, Financial Services & Insurance
• Telecom & Information Technology (IT)
• Manufacturing
• Construction
• Wholesale Distribution
• Non-profit Organizations
• Chemicals
• Food and Beverage
• Retail
• Others (Hospitality, Government, and Public Sector, etc.)

Regional analysis of the global industrial access platforms market includes:

• North America
  • U.S.
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Rest of South America

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Alternative Keywords:

• Industry 4.0
• Industrial Automation
• Industrial Internet of things