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Digital Transformation In Manufacturing Market Intelligence Report: Analyzing Key Futuristic Trends, Research Methodologies, and Competitive Landscape until 2029

06-30-2023 11:37 AM CET | IT, New Media & Software

Press release from: ReportsnReports

In 2022, the global market valuation for Digital Transformation in Manufacturing reached US$ million. However, it is projected to grow significantly and reach US$ million by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of % during the forecast period of 2023-2029. The estimation of market sizes took into account the impact of COVID-19 and the Russia-Ukraine War.

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Notable global companies involved in Digital Transformation in Manufacturing include Cisco Systems Inc., Microsoft Corporation, Intel Corporation, IBM Corporation, Siemens AG, SAP SE, Symantec Corporation, Oracle Corporation, and Schneider Electric SE. In 2022, these top three vendors accounted for approximately % of the total revenue generated in the industry.

Within the North American region, the Digital Transformation in Manufacturing market is expected to expand from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period from 2023 to 2029.

Similarly, the Asia-Pacific market for Digital Transformation in Manufacturing is predicted to experience substantial growth, with an estimated increase from $ million in 2023 to $ million by 2029. This represents a CAGR of % over the forecast period from 2023 to 2029.

In the Upstream segment of the global Digital Transformation in Manufacturing market, it is anticipated that the market size will rise from $ million in 2023 to $ million by 2029, reflecting a CAGR of % during the forecast period from 2023 to 2029.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Digital Transformation in Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Transformation in Manufacturing.

The Digital Transformation in Manufacturing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Digital Transformation in Manufacturing market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

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For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Digital Transformation in Manufacturing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

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