Global Digital Transformation In The Manufacturing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Solution - Analytics, Cloud Computing, Mobility, Social Media and Others, Service - Implementation and Integration Services and Professional and Consulting Services.

By Deployment;

Hosted and On-premise.

By Enterprise Size;

Large Enterprise and Small & Medium Enterprise (SME).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn724363354 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Digital Transformation In The Manufacturing Market (USD Million), 2021 - 2031

In the year 2024, the Global Digital Transformation In The Manufacturing Market was valued at USD 477,330.87 million. The size of this market is expected to increase to USD 1,254,332.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.8%.

The global manufacturing sector is undergoing a profound digital transformation, revolutionizing traditional processes and operations. With the advent of Industry 4.0 technologies, such as IoT (Internet of Things), AI (Artificial Intelligence), cloud computing, and advanced robotics, manufacturers are embracing digitalization to enhance efficiency, productivity, and flexibility. These technologies enable real-time monitoring of equipment, predictive maintenance, and automation of repetitive tasks, streamlining production workflows and optimizing resource allocation.

Moreover, digital transformation in manufacturing is fostering the development of smart factories, where interconnected devices and systems communicate seamlessly to optimize production processes. This interconnectedness facilitates data-driven decision-making, enabling manufacturers to gain actionable insights into their operations and supply chains. By harnessing big data analytics and machine learning algorithms, manufacturers can identify patterns, detect anomalies, and optimize production schedules, leading to improved quality control and reduced downtime.

Furthermore, digital transformation is not only reshaping production processes but also revolutionizing business models within the manufacturing industry. With the rise of servitization and outcome-based business models, manufacturers are shifting from selling products to offering comprehensive solutions and services. This shift enables manufacturers to establish long-term relationships with customers, provide value-added services such as predictive maintenance and performance optimization, and differentiate themselves in an increasingly competitive market landscape. As digitalization continues to permeate the manufacturing sector, companies that embrace these transformative technologies will be better positioned to thrive in the Industry 4.0 era.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Enterprise Size
    4. Market Snapshot, By Region
  4. Global Digital Transformation In The Manufacturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industry 4.0 Technologies
        2. Smart Factory Initiatives
        3. Demand for Operational Excellence
      2. Restraints
        1. Integration Challenges
        2. Cybersecurity Concerns
        3. Skills Gap
      3. Opportunities
        1. Servitization
        2. Global Supply Chain Optimization
        3. Market Differentiation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Digital Transformation In The Manufacturing Market, By Type, 2021 - 2031 (USD Million)
      1. Solution
        1. Analytics
        2. Cloud Computing
        3. Mobility
        4. Social Media
        5. Others
      2. Service
        1. Professional and Consulting Services
        2. Implementation and Integration Services
    2. Global Digital Transformation In The Manufacturing Market, By Deployment, 2021 - 2031 (USD Million)
      1. Hosted
      2. On-premise
    3. Global Digital Transformation In The Manufacturing Market, By Enterprise Size, 2021 - 2031 (USD Million)
      1. Large Enterprise
      2. Small & Medium Enterprise (SME)
    4. Global Digital Transformation In The Manufacturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens AG
      2. General Electric Company
      3. IBM Corporation
      4. Cisco Systems, Inc.
      5. SAP SE
      6. Microsoft Corporation
      7. Schneider Electric SE
      8. ABB Ltd.
      9. Oracle Corporation
      10. Rockwell Automation, Inc.
  7. Analyst Views
  8. Future Outlook of the Market