Global Digital Transformation in Manufacturing Market Overview
In 2018, the global digital transformation in manufacturing market size was valued at USD 220.90 billion and estimated to reach USD 642.35 billion by 2025, accounting a CAGR of 14.3% during the forecast period.
Cloud-based platforms, tools, and services—in particular, the trustworthy cloud offerings—give makers new ways in which to grow, innovate, and boost their operational excellence. These technologies are helping manufacturers a lot of effectively interact their customers, empower their employees, optimize their operations, and transform their products and services. This cloud-driven digital transformation is what's driving the Fourth Industrial Revolution and capturing the advantages of this transformation is crucial for makers to sustain and sharpen their competitive strengths in an “Industry 4.0” economy.
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Among different edges, cloud-based services will equip makers to higher meet client desires by integration information from multiple sources—including customer interactions, product performance monitoring, and social networks—and victimisation that data to supply contemporary insights into market behaviour and client activity across the product lifecycle. These services facilitate makers attain larger visibility into client shopping for patterns and preferences, sanctioning them to develop and deliver value-added merchandise and services that are additional closely aligned to client preferences. Cloudbased technologies can even increase employee productivity and connectedness and facilitate quicker, better decision-making. As an example, cloud-based business intelligence tools will permit staff to look at and manage information in a visual and intuitive manner, and in real time— enabling them to require a lot of evidence-based and timely selections in the slightest levels of production, operations, and sales. Similarly, cloud analytics tools can cut back the time and expense of analyzing huge amounts of product information, and thereby facilitate cut back production prices.
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In addition, cloudpowered data analytics can optimize plant operations by arming people with the data and tools they have to spot areas of waste, improve cycle times for manufacturing operations, make automation processes quicker and easier, maintain equipment additional efficiently by additional accurately predicting maintenance wants, dynamically adjust production to satisfy ever-changing demands, and increase turn-times for inventory across the worth chain—all whereas reducing energy consumption.
The global digital transformation in manufacturing market is categorized into several segments including data, application and regional overview.
Based on the data, the global digital transformation market is fragmented into cloud based, AI, and others. On the basis of application, the global digital transformation market is government, healthcare, BFSI, IT and Telecom, Manufacturing, Retail and others.
Looping onto the regional overview, the global digital transformation market is a wide range to North America, U.S., Canada, Mexico, Europe, France, UK, Germany, Italy, Rest of Europe, Asia Pacific, India, Japan, China, Southeast Asia, Middle East and Africa, and South America.
The key digital transformation vendors for manufacturing sectors are Amazon Web Services, Microsoft Azure, IBM, Google, SAP, VMware, Inc., Citrix Systems, Inc., Oracle Corporation and others.
Segment Overview of Global Digital Transformation Market in Manufacturing
Regional Overview, 2015-2025 (USD Billion)
- Rest of Europe
- Southeast Asia
- Rest of APAC
- Middle East and Africa
- South America
Some Major Points from TOC:
Chapter 1 Executive Summary
Chapter 2 Research Methodology
Chapter 3 Global Digital Transformation Market Overview- Manufacturing
Chapter 4 Case Studies and Use Cases
4.1 Case Studies
4.4 Use Cases:
Chapter 5 Vendor Outlook
5.1 Vendor Landscape
5.2 Key Initiatives & Impact Analysis
Chapter 6 Regional Outlook
6.1 Geographic Landscape
Chapter 7 Conclusions & Recommendations
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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