Press release
Digital Manufacturing Market Worth $1,370.3 Billion by 2030
Digital Manufacturing Market
The digital manufacturing market size was valued at $0.27 trillion in 2020, and is projected to reach $1.30 trillion by 2030, registering a CAGR of 16.5% from 2021 to 2030.
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Moreover, in 2020, North America was the highest contributor in the digital manufacturing market growth. North America held majority of the global share in consumption, mainly owing to high adoption rate for smart technologies in the country. Ministry of Industry and Information Technology in China issued license for 5G connectivity in 2019. 5G network is highly efficient in interacting with building platforms and analyzing data collected on construction sites regarding employee health, multi-dimensional security monitoring, AI functions, and others.
Top 10 Key Market Players
Dassault Systemes
Tata Consultancy Services
Siemens AG
Autodesk Inc
Hexagon AB
Parametric Technology Corporation Inc
SAP SE
ARAS Corporation
Cogiscan Inc
Bestplant
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Key Market Segmentation
By Component
Hardware
RFID Tags
Sensor
Intelligent System
Others
Software
Data and Operation Management Software
Safety and Security Systems
Connectivity solutions
Analytics Solutions
Remote Management & logistic solutions
Asset Management Solutions
Services
Support and maintenance
System Integration
Consulting Services
By Technology
Robotics
3D Printing
Internet of Things (IoT)
Others
By Application
Automotive and Transportation
Aerospace and Defense
Consumer Electronics
Industrial Machinery
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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