Smart Manufacturing Platform Market Segments, Opportunity, Growth and Forecast by End-use Industry 2019-2026

This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Smart Manufacturing Platform Market:

Microsoft Corporation
IBM Corporation
PTC, Inc.
SAP SE
Hitachi Ltd.
ABB Group
Robert Bosch GmbH
Emerson Electric Co.
Fujitsu Ltd.
General Electric Company
Rockwell Automation, Inc.

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The key drivers of the Smart Manufacturing Platform Market are as follows:

Some of the factors responsible for the growth of the smart manufacturing platform market include the increasing support from governments for industrial automation, growing adoption of industrial automation in the manufacturing industry, and the rising demand for streamlined and automated data to enhance productivity and reduce operational costs. The growing adoption of industry 4.0 and smart factories, followed by rising government investment of various countries on industrial automation, are some other factors fuelling the growth of the market. There has been an upsurge in the integration of Industrial Internet of Things (IIoT) with Industry 4.0 and smart manufacturing to gather, analyze the data, and then use that data to retrieve valuable insights to improve performance, productivity, and efficiency. On the other hand, frequently software upgradation and limited skilled IoT workforce are the major factors hindering the growth of the smart manufacturing market.

Based on the region, the Asia-pacific region is projected to grow at a higher CAGR during the forecast period due to rising adoption of automation technologies in several industries such as automotive, power & energy, electronics & semiconductors, and others sector, which are propelling the demand for smart manufacturing platforms in this region. Countries such as Japan, India, China, and South Korea are taking numerous initiatives to enhance the implementation of IIoT for their respective industries are further boosting the market growth in this region.

The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.

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Segmentation of the Smart Manufacturing Platform Market:

Breakup by Type:

Device Management
Connectivity Management
Application Enablement Platform

Breakup by Application:

Performance Optimization
Asset and Condition Monitoring
Others

Breakup by Industry:

Process Industry

Oil & Gas
Power & Energy
Chemicals
Pharmaceuticals
Food & Beverages
Metals and Mining
Other

Discrete Industry

Automotive
Electronics and Semiconductor
Industrial Manufacturing
Medical Devices
Aerospace and Defense
Others

Breakup by Deployment Type:

Cloud
On-Premises

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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