Smart Manufacturing Platforms Market Analysis

  • Report ID: 3235
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Smart Manufacturing Platforms Segmentation

The market is segmented on the basis of type into device management, connectivity management, application enablement platform and others, out of which, the device management segment is anticipated to grab the most significant share by the end of 2037 on account of the growing adoption of artificial intelligence, smart manufacturing and IoT in businesses. Furthermore, the increasing requirement to efficiently manage devices and data in industrial facilities as a result of generation of large amount of data is also projected to boost the growth of the market segment in the near future. Additionally, based on industry, the segment for power & energy is anticipated to hold the largest market share, which can be credited to the rising environmental challenges and scarcity associated with conventional energy sources that might lead to a probable energy crisis in the coming years. 

Our in-depth analysis of the global market includes the following segments

By Type

  • Device Management
  • Connectivity Management
  • Application Enablement Platform
  • Others

By Deployment

  • Cloud-Based
  • On Premise

By Application 

 

  • Performance Optimization
  • Asset Condition Monitoring
  • Others

By Industry

 

  • Oil & Gas
  • Power & Energy
  • Chemical
  • Pharmaceutical
  • Food & Beverage
  • Metal & Mining
  • Automotive
  • Electronics & Semiconductor
  • Aerospace & Defense
  • Others

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of smart manufacturing platforms is evaluated at USD 11.66 billion.

Smart Manufacturing Platforms Market size was over USD 10.09 billion in 2024 and is poised to exceed USD 89.68 billion by 2037, growing at over 18.3% CAGR during the forecast period i.e., between 2025-2037.

North America industry is set to dominate majority revenue share by 2037, owing to increasing advancements in the IT sector and early adoption of technologies in the region.

The major players in the market are General Electric Company, Amazon Web Services, Inc., Emerson Electric Co., Fujitsu Limited, PTC Inc., among others.
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