Digital Transformation in Manufacturing Market Revenues to Reach USD 733.75 billion by 2028 – Market Size, Share, Forecasts, & Trends Analysis Report by Mordor Intelligence

Mordor Intelligence Hyderabad, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to a new market research report titled “ Digital Transformation in Manufacturing Market Report (2023-2028) ,” the market is estimated at USD 307.87 billion in 2023. It is expected to register a CAGR of 19.40% during the forecast period. The digital transformation market in manufacturing is outlined based on the revenues generated from technologies, such as robotics, IoT, 3D printing and additive manufacturing, cybersecurity, and artificial intelligence, used globally. The digitalization of the manufacturing sector impacts every single aspect of operations and the supply chain. Via cross-border collaboration, digital transformation is reforming how manufacturers communicate and maintain product and engineering design specifications on the cloud. Report Summary: Report Attribute Details Market Size (2023) USD 307.87 billion Market Size (2028) USD 733.75 billion CAGR (2023-2028) 19.40% Study Period 2018-2028 Forecast Units Value (billion) Fastest Growing Market Asia-Pacific Largest Market Asia-Pacific Report Scope Market Dynamics, Revenue Forecast and Segmentation, Competitive Landscape, and Recent Developments, Market Growth, Future Opportunities, and Trends Key Market Drivers The widespread use of IoT devices. Rapid digitalization of various industries. Who are the Top Companies in the Digital Transformation in Manufacturing Market? The market is characterized by […]

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