Report Highlights
The global market for smart manufacturing should reach $392 billion by 2020 from $159 billion in 2015, at a compound annual growth rate (CAGR) of 19.8% from 2015 to 2020.
Report Includes
- An overview of the global markets and related technologies for smart manufacturing
- Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020
- Highlights of major goals the technology aims to achieve: interconnected, interdependent, and integrated manufacturing processes that leverage data to deliver greater information, leading to greater productivity and less waste
- Coverage of an array of IT products and services, including:
- Devices
- Networks & Gateways
- Applications
- M2M
- Analytics
- IoT
- A particular focus on the wearables segment in manufacturing as the growth of that segment may differ from the rest
- The market broken down by region, by industry, and by type of manufacturing
- Profiles of major players in the industry
Report Scope
This BCC Research study on smart manufacturing was conducted with a global perspective. Market projections for investments in smart manufacturing were developed for the five major regions with all market table values in 2016 U.S. dollars. The report provides an understanding of the way markets will be affected by smart manufacturing and insight into the new opportunities created by smart manufacturing.
The report contains:
- An in-depth analysis of the technologies used for smart manufacturing.
- Current and future market projections for smart manufacturing by region.
- Current and potential applications for smart manufacturing.
- Current and future market projections for smart manufacturing by industry.
- Profiles of current industry players, including suppliers of devices, connectivity, and platforms as well as service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.
Analyst Credentials
Nathalie Granato has more than 20 years of experience in IT market research and competitive intelligence, including nearly a decade working IBM. An industry analyst and subject matter expert on IT and competitive intelligence, she develops market strategies, projections and segmentation.
Related Reports
Passenger Information System: Global Markets
The global passenger information system market is estimated to grow from $14.0 billion in 2022 to $24.0 billion in 2027, with a compound annual growth rate (CAGR) of 11.5% for the period of 2022-2027.
Smart Cities: Growing New IT Markets
The global smart city technologies market should reach $2.8 trillion by 2027 from $1.0 trillion in 2022 at a compound annual growth rate (CAGR) of 22.6% for the forecast period of 2022 to 2027.
Cognitive Computing: Applications and Global Markets
The global market for cognitive computing should grow from $32.5 billion in 2021 to $147.8 billion by 2026 with a compound annual growth rate (CAGR) of 35.4% for the period of 2021-2026.
Sensors for the Internet of Things (IOT): Global Markets
The global market for IoT sensors should grow from $10.9 billion in 2021 to $36.6 billion by 2026 with a compound annual growth rate (CAGR) of 27.4% for the period of 2021-2026.
Recent Reports
AI in Oil and Gas: Global Markets and Technologies
The global market for AI Technology in the Oil and Gas Sector is estimated to increase from $2.8 billion in 2023 to reach $5.1 billion by 2028, at a compound annual growth rate (CAGR) of 12.9% from 2023 through 2028.
Industrial IoT (IIoT): Global Markets
The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.
Smart Home Technologies: Global Markets
The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.
Global AI Camera Market
This report provides an understanding of the artificial intelligence (AI) camera market and the driving factors behind its adoption. It identifies the potential areas of growth and obstacles related to AI cameras, as well as to highlights the areas that require improvement within the AI camera industry. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region.
Medical Kiosks: Global Market and Forecasts
This report provides an outlook of the global medical kiosks market. It highlights the current and future market potential for global medical kiosks and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market, emerging technologies, future analysis and impact of wars on the market. The report covers market projections through 2028 and an analysis of company product portfolios of the key market players.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More