Smart Manufacturing Platforms Market Analysis

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 2030 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