The smart manufacturing platform market is expected to grow from $4.4 billion in 2019 to $10.9 billion in 2024. It is expected to grow at an average annual growth rate (CAGR) of 19%. Growing demand for streamlined and automated data to increase productivity and reduce operating costs, government support for industrial automation, and the growth of industrial automation in various industries are some of the driving forces of the market.
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Company Profile
Major players in the Smart Manufacturing Platform Market include Microsoft Corporation (Microsoft, US), IBM Corporation (IBM, US), PTC Inc. (PTC, US), SAP SE (SAP, Germany), Hitachi, Ltd. (Hitachi, Japan), Amazon.com, Inc. (Amazon, US), Siemens AG (Siemens, Germany), Schneider Electric SE (Schneider Electric, France), ABB Group (ABB, Switzerland), Emerson Electric Co. (Emerson, US), Fujitsu Ltd. (Fujitsu, Japan), Accenture plc (Accenture, Ireland), Robert Bosch GmbH (Bosch, Germany), Oracle Corporation (Oracle, US), Cisco Systems, Inc. (Cisco), Rockwell Automation, Inc. (Rockwell, US), Atos SE (Atos, France), C3 IoT (US), Telit Communications PLC (Telit, UK), Software AG (Germany), Seebo Interactive Ltd. (Seebo, US), QiO Technologies (QiO, UK), Altizon Systems (Altizon, US), Losant (US), Litmus Automation (US), and Flutura Decision Sciences and Analytics (Flutura, US).
Market Segmentation
Smart Manufacturing Platform Market- Segmentation
By type
- Device Management
- Connectivity Management
- Application Enablement Platform
By application
- Performance Optimization
- Condition Monitoring
By industry
- Process Industry
- Automotive
- Electronics & Semiconductors
- Aerospace & Defence
- Medical Devices
- Industrial Manufacturing
- Discrete Industry
- Food & Beverages
- Metals & Mining
- Power Generation
- Oil & Gas
- Chemicals
- Pharmaceuticals
By deployment type
- Cloud
- On-site
Scope of the Report
The research study analyzes the global Smart Manufacturing Platform industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Manufacturing Platform Market Report
1. What was the Smart Manufacturing Platform Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Manufacturing Platform Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Manufacturing Platform Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Smart Manufacturing Platform market.
- The market share of the global Smart Manufacturing Platform market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Smart Manufacturing Platform market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Manufacturing Platform market.
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