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The Global Virtual Sensors market is expected to reach $2, 015.25 million by 2026 growing at a CAGR of 29.8% during 2018 to 2026. Virtual sensing techniques are also known as soft sensing, proxy sensing, etc., are used to provide possible and cost-effective alternatives to the impractical material measurement device. Some of the factors such as increasing adoption of IoT and cloud platforms are fuelling the market growth. However, the lack of a skilled workforce and technical knowledge are restraining the market growth. Based on Deployment Mode, The Cloud segment has witnessed significant growth due to increasing data storage capabilities for organizations because it uses cloud-based sensors, as it is easy to deploy, offers agility, and provide more scalability than on-premises software at a reasonable cost. The key vendors mentioned are TACTILE MOBILITY, Siemens, Schneider Electric, OSIsoft, Modelway, LMI Technologies, IntelliDynamics, Honeywell, General Electric, Exputec, Elliptic Labs, Cisco, Aspen Technology, and ANDATA. Components Covered: • Solutions • Services Deployment Modes Covered: • Cloud • On-Premises End Users Covered: • Process Industry - Manufacturing and Utilities • Oil and Gas • Healthcare • Electrical, Electronics, and Consumer Technology • Chemical • Automotive and Transportation • Aeronautics and Defense • Other End Users Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Virtual Sensors Market, By Component
5.1 Introduction
5.2 Solutions
5.3 Services
6 Global Virtual Sensors Market, By Deployment Mode
6.1 Introduction
6.2 Cloud
6.3 On-Premises
7 Global Virtual Sensors Market, By End User
7.1 Introduction
7.2 Process Industry – Manufacturing and Utilities
7.3 Oil and Gas
7.4 Healthcare
7.5 Electrical, Electronics, and Consumer Technology
7.6 Chemical
7.7 Automotive and Transportation
7.8 Aeronautics and Defense
7.9 Other End Users
8 Global Virtual Sensors Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 TACTILE MOBILITY
10.2 Siemens
10.3 Schneider Electric
10.4 OSIsoft
10.5 Modelway
10.6 LMI Technologies
10.7 IntelliDynamics
10.8 Honeywell
10.9 General Electric
10.10 Exputec
10.11 Elliptic Labs
10.12 Cisco
10.13 Aspen Technology
10.14 ANDATA
List of Data Tables
1 Global Virtual Sensors Market Outlook, By Region (2016-2026) ($MN)
2 Global Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
3 Global Virtual Sensors Market Outlook, By Solutions (2016-2026) ($MN)
4 Global Virtual Sensors Market Outlook, By Services (2016-2026) ($MN)
5 Global Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
6 Global Virtual Sensors Market Outlook, By Cloud (2016-2026) ($MN)
7 Global Virtual Sensors Market Outlook, By On-Premises (2016-2026) ($MN)
8 Global Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
9 Global Virtual Sensors Market Outlook, By Process Industry – Manufacturing and Utilities (2016-2026) ($MN)
10 Global Virtual Sensors Market Outlook, By Oil and Gas (2016-2026) ($MN)
11 Global Virtual Sensors Market Outlook, By Healthcare (2016-2026) ($MN)
12 Global Virtual Sensors Market Outlook, By Electrical, Electronics, and Consumer Technology (2016-2026) ($MN)
13 Global Virtual Sensors Market Outlook, By Chemical (2016-2026) ($MN)
14 Global Virtual Sensors Market Outlook, By Automotive and Transportation (2016-2026) ($MN)
15 Global Virtual Sensors Market Outlook, By Aeronautics and Defense (2016-2026) ($MN)
16 Global Virtual Sensors Market Outlook, By Other End Users (2016-2026) ($MN)
17 North America Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
18 North America Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
19 North America Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
20 Europe Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
21 Europe Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
22 Europe Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
23 Asia Pacific Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
24 Asia Pacific Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
25 Asia Pacific Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
26 South America Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
27 South America Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
28 South America Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)
29 Middle East & Africa Virtual Sensors Market Outlook, By Component (2016-2026) ($MN)
30 Middle East & Africa Virtual Sensors Market Outlook, By Deployment Mode (2016-2026) ($MN)
31 Middle East & Africa Virtual Sensors Market Outlook, By End User (2016-2026) ($MN)