Industrial Edge Apps

The industrial Edge Apps market research delivers current market analysis plus a five-year market and technology forecast.

Strong Growth in Edge App Stores Underscores Growing Popularity of Edge Apps in Industrial Applications

ARC Advisory Group’s research on industrial edge apps reveals that as automation solutions become more software-based, vendors are developing new ways in which apps are marketed, selected, purchased, and delivered. This trend has given rise to online marketplaces and app stores in which users can search for, purchase, and download industrial edge apps. These venues are often created by software vendors and maintained on the vendor’s own website. At the same time, neutral third-party marketplaces are emerging that may sell apps from software vendors that do not have their own app store, and also apps from other app providers.

While industrial software has been available for online purchase for many years, the dedicated marketplaces and app stores are still new. Revenue growth in these venues has been modest since the beginning, as most users are still not accustomed to selecting and purchasing software in this way. However, as the software content of industrial automation grows, the importance and relevance of marketplaces and app stores will grow significantly. This is why software vendors are developing and launching these sites now.

Industrial Edge Apps Strategic Issues

In addition to providing a five-year market forecast, the industrial Edge Apps market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Marketplaces

Marketplaces help users save time by offering suitable solutions and making purchasing and discussion processes simpler. Some app stores not only act as trading platforms, but also provide users with the option to manage versions and updates of installed applications.

Assess the Ability of Edge Apps to Accelerate Digital Transformation Objectives

Evaluate potential areas where edge apps can contribute to the objectives driving digital transformation efforts, including in areas such as reduced downtime through monitoring and predictive maintenance, asset availability, improved production performance, remote and autonomous operations, and others. Edge apps can generate faster time-to-value, accelerated scaling of DX, enhanced security posture, and reduced TCO.

Use Pre-Built App for Common Solutions

IoT platforms from major global players are already available. Typically, these platforms offer pre-built solutions, allowing users to easily integrate their data into the cloud platform and optimize their workflow. For instance, users can process some data closer to the equipment instead of sending all data to the cloud. In such scenarios, pre-built edge apps can be useful, offering the necessary functionality and designed specifically for integration with the main platforms. By using such applications, costs can be reduced, and solution implementation can be accelerated.