Smart Industries Market
Smart Industries Market Growth Report By Type (Smart Manufacturing, Connected Agriculture, Smart Retail, Smart Utilities, Smart Healthcare), By tools (Big Data, Machine Learning, Artificial Intelligence), By End-Use Industry (Manufacturing, Transportation) - Regional Forecast to 2028
Analysis of Smart Industries market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Smart Industries Market: Overview
The digital transformation is changing the way businesses are using connected technologies in the manufacturing and industrial sector for business advantage. The evolution of the Internet of Things (IoT) and the rise in industrial automation are driving the smart industries market. Presently, the industries across the globe are facing industrial revolution, i.e. industry 4.0 that enables them to integrate machines with the connected technologies. Technologies such as cobotics, machine learning, data analytics, and the Internet of Things (IoT) are driving the growth of smart industries market.
The smart industries are rapidly growing due to the increasing automation, digital transformation and connected technologies that are having a positive impact on the industrial or manufacturing sector. The combination of information technology and operational technology is one of the critical growth enablers of smart industries market. In smart industries, digital technologies such as the Internet of Things, big data, AI, and collaborative robots (cobotics) are used as advanced tools for applications in various industry verticals.
Also, the smart building was introduced to optimize energy consumption and reduce operating costs to analyze operational energy data for actionable insights. It enables facility optimization through the convergence of information technology and building automation.
This is one of the major factors that is driving the growth of the smart industries market. The utility sector is shifting their focus to connected technologies in order to increase productivity and business process. The utilities are shifting towards current grid technologies that are integrated with networking and computational capabilities to connect and automate energy distribution and transmission. Also, the government across various countries are taking initiatives for smart grid rollout that drives the growth of smart utilities market. This growth in smart utilities market tends to drive the smart industries market globally.
The key vendors in the smart industries market are focusing on offering differentiated technologies for businesses in order to compete in the smart industries market. The increase in the usage of connected technologies that are integrated with other digital technologies is driving the growth of smart industries market.
Global Smart Industries Market: Dynamics
The emergence of IoT and increase in adoption of connected devices across verticals are the primary factors driving the growth of smart industries market.
Huge investment and privacy issues are the critical factors that can hamper the growth of smart industries market.
The rise in adoption of the connected technologies mainly in the manufacturing sector across the globe are the latest trends in the smart industries market.
Global Smart Industries Market: Competition Landscape
Examples of some of the key players in the global smart industries market include Bosch Ltd, Accenture plc, General Electric Company, Huawei Technologies Co., Ltd., IBM Corporation, Microsoft Corporation, Siemens AG, Telefonica S.A., Robert Bosch Manufacturing Solutions GmbH, Software AG, KPMG International, etc.
Global Smart Industries Market: Regional Outlook
The North America region is expected to dominate the smart industries market followed by Europe and Asia Pacific region. The smart industries market in North America is expected to witness higher growth due to the vast presence of prominent vendors in smart industries market in the U.S. The demand for smart industries in Europe is increasing due to the evolution of Industry 4.0 and internet of things (IoT) for smart applications across industries.
Also, the rise in smart city projects and connected devices are the driving forces of smart industries market in the Asia Pacific region. Latin America and MEA are projected to contribute a significant share of the global smart industries market over the forecast period.
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The report covers exhaustive analysis on:
- Global Smart Industries Market Segments
- Global Smart Industries Market Dynamics
- Historical Actual Market Size, 2013 – 2017
- Global Smart Industries Market Size & Forecast 2017 to 2028
- Supply & Demand Value Chain for Smart Industries Market
- Global Smart Industries Market Current Trends/Issues/Challenges
- Competition & Companies involved in Smart Industries Market
- Smart Industries Technology
- Value Chain of Smart Industries
- Global Smart Industries Market Drivers and Restraints
Regional analysis of Global Smart Industries Market includes
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of LatAm
- Europe
- EU – 4 (Germany, France, Italy, Spain)
- UK
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep. etc.)
- Rest of Europe
- CIS & Russia
- Japan
- APEJ
- Greater China
- India
- Korea
- ASEAN Countries
- Rest of APEJ
- Middle East & Africa
- GCC Countries
- Turkey
- Iran
- Israel
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
Global Smart Industries Market: Segmentation
Segmentation Overview
The smart industries market can be segmented on the basis of type, tools, end-use industry and region. The connected manufacturing and connected logistics are the most widely used technologies for industrial applications. Also, the evolution of IoT and big data is one of the factors that boosts the growth of smart industries market. Smart manufacturing and smart utilities are widely used technologies in smart industries market.
Segmentation of smart industries market based on type:
- Smart Manufacturing
- Smart Connected Logistics
- Connected Agriculture
- Smart Retail
- Smart Utilities
- Smart Healthcare
- Smart Transportation
- Smart Education
- Others
Segmentation of the smart industries market based on tools:
- Internet of Things (IoT)
- Big Data
- Machine Learning
- Artificial Intelligence
- Cobotics
- Others
Segmentation of the smart industries market based on end-use industry:
- Manufacturing
- Transportation
- Supply Chain & Logistics
- Retail & Consumer Goods
- Healthcare
- Agriculture
- Education
- Energy & Utilities
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. Tools 6.3. End-Use Industry 7. Global Market Analysis and Forecast, By Type 7.1. Smart Manufacturing 7.2. Smart Connected Logistics 7.3. Connected Agriculture 7.4. Smart Retail 7.5. Smart Utilities 7.6. Smart Healthcare 7.7. Smart Transportation 7.8. Smart Education 7.9. Others 8. Global Market Analysis and Forecast, By Tools 8.1. Internet of Things (IoT) 8.2. Big Data 8.3. Machine Learning 8.4. Artificial Intelligence 8.5. Cobotics 8.6. Others 9. Global Market Analysis and Forecast, By End-Use Industry 9.1. Manufacturing 9.2. Transportation 9.3. Supply Chain & Logistics 9.4. Retail & Consumer Goods 9.5. Healthcare 9.6. Agriculture 9.7. Education 9.8. Energy & Utilities 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Type, Tools, and End-Use Industry for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Bosch Ltd 20.2. Accenture plc 20.3. General Electric Company 20.4. Huawei Technologies Co., Ltd. 20.5. IBM Corporation 20.6. Microsoft Corporation 20.7. Siemens AG 20.8. Telefonica S.A. 20.9. Robert Bosch Manufacturing Solutions GmbH 20.10. Software AG 20.11. KPMG International
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Type
Table 03: Global Market US$ Mn Forecast by Tools
Table 04: Global Market US$ Mn Forecast by End-Use Industry
Table 05: North America Market US$ Mn Forecast by Country
Table 06: North America Market US$ Mn Forecast by Type
Table 07: North America Market US$ Mn Forecast by Tools
Table 08: North America Market US$ Mn Forecast by End-Use Industry
Table 09: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Type
Table 11: Latin America Market US$ Mn Forecast by Tools
Table 12: Latin America Market US$ Mn Forecast by End-Use Industry
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Type
Table 15: Western Europe Market US$ Mn Forecast by Tools
Table 16: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Type
Table 19: Eastern Europe Market US$ Mn Forecast by Tools
Table 20: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Type
Table 23: Asia Pacific Market US$ Mn Forecast by Tools
Table 24: Asia Pacific Market US$ Mn Forecast by End-Use Industry
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Type
Table 27: East Asia Market US$ Mn Forecast by Tools
Table 28: East Asia Market US$ Mn Forecast by End-Use Industry
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Type
Table 31: MEA Market US$ Mn Forecast by Tools
Table 32: MEA Market US$ Mn Forecast by End-Use Industry
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Insights on import/export production,
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tools
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How Much Growth Potential does the Smart Industries Market hold?
The smart industries market is likely to grow at a CAGR of 18% during the forecast period.
Why Does the Smart Industries Market have High Growth Potential?
The market is expanding due to the rise in adoption of connected devices across verticals.
Where will Manufacturers find the Most Opportunities in the Smart Industries Market?
Manufacturers are likely to find the most opportunities in North America.
Smart Industries Market