Global Digital Manufacturing Market 2023-2027
Technavio has been monitoring the digital manufacturing market and is forecast to grow by $60429.97 mn during 2022-2027, accelerating at a CAGR of 15.49% during the forecast period. Our report on the digital manufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of dm for improved traceability, dm as an essential link in manufacturing, and benefits associated with the adoption of DM.
Technavio's digital manufacturing market is segmented as below:
By End-user
- Aerospace and defense
- Automotive
- Electrical and electronics
- Others
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increased use of mobile dm applications as one of the prime reasons driving the digital manufacturing market growth during the next few years. Also, availability of cloud-based services and evolution of ddm will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the digital manufacturing market covers the following areas:
- Digital manufacturing market sizing
- Digital manufacturing market forecast
- Digital manufacturing market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital manufacturing market vendors that include Aras Corp., Autodesk Inc., AVEVA Group Plc, Bentley Systems Inc., Capgemini Service SAS, Cisco Systems Inc., Dassault Systemes SE, DREAMZTECH SOLUTIONS INC., Durr AG, Hewlett Packard Enterprise Co., Intel Corp., Microsoft Corp., Oracle Corp., PTC Inc., QAD Inc., SAP SE, Siemens AG, Tata Consultancy Services Ltd., TXT eSolutions Spa, and XenonStack. Also, the digital manufacturing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.