Press release
Smart Industries Market Growth Factors, Demand and Analysis till 2028 // Industry Players - Bosch Ltd, Accenture plc., General Electric Company, Huawei Technologies Co. Ltd., IBM Corporation, Microsoft Corporation, Siemens AG, Telefonica S.A.
Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=2955
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. 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.
Browse Full Report with TOC- https://www.factmr.com/report/2955/smart-industries-market
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.
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.
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.
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.
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.
Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=2955
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at - https://www.industrynewsanalysis.com/
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Industries Market Growth Factors, Demand and Analysis till 2028 // Industry Players - Bosch Ltd, Accenture plc., General Electric Company, Huawei Technologies Co. Ltd., IBM Corporation, Microsoft Corporation, Siemens AG, Telefonica S.A. here
News-ID: 1769949 • Views: …
More Releases from Fact.MR
European Canned Tuna Market Outlook 2025-2035: Key Developments and Future Scope
The canned tuna market continues to gain momentum as consumers increasingly seek convenient, protein-rich, and shelf-stable food options. With rising awareness about nutrition, sustainability, and ready-to-eat meal formats, canned tuna remains a highly preferred product across households, restaurants, and commercial food service channels. The market is expanding steadily due to its affordability, long shelf life, and versatility in various culinary applications such as salads, sandwiches, snacks, and ready meals.
Growing health…
European Fog Light Market Outlook 2025-2035: Key Developments and Future Scope
The European fog light market is projected to witness steady growth from 2025 to 2035, fueled by rising automotive production, stringent vehicle safety regulations, and increasing consumer demand for enhanced visibility and driving safety. Automotive fog lights-including halogen, LED, HID, and adaptive fog lighting systems-play a vital role in improving vehicle safety during adverse weather conditions such as fog, rain, and snow. This report highlights market size, key growth drivers,…
European Electric Car Battery Charger Market Outlook 2025-2035: Key Developments …
The European electric car battery charger market is projected to experience steady growth from 2025 to 2035, driven by rising electric vehicle (EV) adoption, government incentives, and growing infrastructure investments. Electric car battery chargers-including AC chargers, DC fast chargers, wireless chargers, and smart charging stations-are critical to EV performance, convenience, and widespread adoption. This report provides insights into market size, growth drivers, European regional dynamics, emerging technology trends, and strategic…
European Automotive Tail Light Market Outlook 2025-2035: Key Developments and Fu …
The European automotive tail light market is poised for steady growth from 2025 to 2035, driven by rising vehicle production, stricter vehicle safety regulations, and technological innovations in lighting systems. Automotive tail lights-including LED, OLED, halogen, and laser-based systems-play a critical role in vehicle safety, design, and energy efficiency. This report provides a comprehensive overview of market size, growth drivers, European regional dynamics, emerging technology trends, and strategic implications for…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
