What is Cyber Physical System Market Scope?
A cyber-physical system (CPS) which is also styled cyber-physical system is a mechanism that is been controlled or monitored by the computer-based algorithms, it is integrated tightly with the Internet and its users. In the cyber-physical systems, software and physical components are deeply intertwined, each operating on the different spatial and temporal scales, exhibiting distinct and multiple behavioral modalities, and interacting with each other in a lot of ways which change with context. Examples of the cyber-physical system include smart grid, autonomous automobile systems, process control systems, medical monitoring, robotics systems, and automatic pilot avionics. Cyber-physical system involves transdisciplinary approaches, design & process science, merging theory of cybernetics, mechatronics.
The Cyber Physical System market study is being classified by Type (EP-CPS, IT-CPS and Others), by Application (Industrial Automatic, Health/Medical Equipment, Aerospace and Others) and major geographies with country level break-up.
The market is fragmented by key vendors who are focusing on various advanced technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Siemens (Germany), Intel (United States), EIT Digital (Belgium), Tcs (India), MathWorks (United States), Galois (United States), Astri (Hong Kong) and NIST (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Cyber Physical System market by Type, Application and Region.
On the basis of geography, the market of Cyber Physical System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Increased demand in IT networking solutions
Market Drivers
- Frequent adoption of technologies like the Internet of things (IoT)
- Declining prices of sensors reducing the overall cost associated with the system
Opportunities
- Urge to setting up a state-of-the-art infrastructure
Restraints
- Compromise in the security associated with these systems
- Cyber-physical system are open systems that are more prone to cyber threat than closed systems
Challenges
- Chances of cyber-attack and risk related to a data breach
Key Target Audience
Cyber-Physical System vendors, Information security consultants, Security system integrators, Government agencies, Consulting firms, Cyber-Physical System Provider, Value-Added Resellers (VARs) and Independent software vendors
Customization available in this Study:
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