Steady Expansion Forecast for Cloud Manufacturing Market, Projected to Reach $193 Billion by 2029

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Cloud Manufacturing Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the cloud manufacturing market's dimensions have expanded at a swift pace. It is expected to surge from $85.88 billion in 2024 to $100.34 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.8%. The remarkable growth during the previous period can be credited to factors like cost-cutting measures, globalization, optimization of the supply chain, requirements for scalability and flexibility, compliance and regulatory necessities, and provisions for business continuity and disaster recovery.

Cloud Manufacturing Market Size Forecast: What's the Projected Valuation by 2029?
Expectations of significant expansion in the size of the cloud manufacturing market are anticipated in the upcoming years, aiming for $193 billion by 2029 with a compound annual growth rate (CAGR) of 17.8%. This projected incline during the anticipated period is mainly influenced by factors such as environmental sustainability concerns, immediate access to insights and analytics, market dynamics and competition, a transition to sterilization and result-focused models, and changes in regulatory and compliance. The forecast period is further characterized by key trends like enhanced adoption of hybrid cloud solutions, incorporation of edge computing in cloud manufacturing, optimization facilitated by AI and machine learning, emphasis on sustainability and circular economy, and the development of industry-specific cloud manufacturing solutions.

View the full report here:
https://www.thebusinessresearchcompany.com/report/cloud-manufacturing-global-market-report

What Are the Drivers Transforming the Cloud Manufacturing Market?
The surge in the use of artificial intelligence (AI) within the manufacturing sector is anticipated to fuel the expansion of the cloud manufacturing market. Artificial intelligence (AI) essentially involves the creation of computer systems and algorithms capable of performing tasks that require human intellect such as data interpretation, prediction-making, and intricate problem-solving. The growing integration of artificial intelligence (AI) in manufacturing can be attributed to its effectiveness in enhancing procedures, boosting productivity, and facilitating predictive maintenance. In cloud manufacturing, artificial intelligence plays a crucial role in analyzing enormous volumes of production data, refining processes, predicting equipment breakdowns, and improving decision-making, thereby leading to amplified efficiency and productivity. For instance, a survey carried out by the US-based industrial automation and digital transformation technologies provider, Rockwell Automation Inc., involving 321 manufacturers in May 2022, revealed a noteworthy 50% year-over-year growth in the implementation of smart factory technologies. Furthermore, the survey indicated that 74% of the manufacturers who participated are either using or have plans to incorporate artificial intelligence into their manufacturing processes. In addition, 83% of manufacturing experts have plans to progress their modernization processes towards smart factories. Consequently, the rising use of artificial intelligence (AI) in manufacturing is a major factor contributing to the expansion of the cloud manufacturing market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14674&type=smp

What Long-Term Trends Will Define the Future of the Cloud Manufacturing Market?
Leading corporations in the cloud manufacturing sector are conceptualizing cloud platforms exclusive for manufacturing, like Manufacturing Data Engine and Manufacturing Connect, to gain market superiority. These software solutions, based on the cloud and specifically designed for the manufacturing industry, offer a variety of features that directly solve unique issues faced in manufacturing, like data amalgamation, analytics, process amelioration, and supply chain management. For example, Google LLC, a technology company based in the US, unveiled Manufacturing Data Engine and Manufacturing Connect in May 2022 to assist manufacturers in consolidating their data and enhancing operations using analytics and AI features. These solutions allow manufacturers to link previously disconnected assets, standardize data, and increase transparency from the manufacturing site to the cloud. Moreover, these solutions back up critical uses of AI and analytics like manufacturing analyses and insights, predictive upkeep, and machine-level anomaly detection by centralizing and harmonizing data.

Which Segments in the Cloud Manufacturing Market Offer the Most Profit Potential?
The cloud manufacturingmarket covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Industry Vertical: Aerospace And Defense, Healthcare, Semiconductor Electronics, Automotive, Metal And Machinery Manufacturing, Other Industry Verticals

Subsegments:
1) By Hardware: Industrial IoT (Internet of Things) Devices, Sensors and Actuators, Robots and Automated Machinery, Smart Manufacturing Equipment, Edge Computing Devices, Embedded Systems and Controllers, Wearables and AR/VR Devices for Manufacturing
2) By Software: Cloud-Based Manufacturing Execution Systems (MES), Enterprise Resource Planning (ERP) Solutions for Manufacturing, Cloud-Based Product Lifecycle Management (PLM) Software, Supply Chain Management (SCM) Software, Manufacturing Analytics and Reporting Tools, Cloud-Based Computer-Aided Design (CAD) and Simulation Tools, Digital Twin Software, Cloud-Based Quality Management Software, Predictive Maintenance Software
3) By Services: Cloud Integration Services, Cloud Migration Services for Manufacturing, Consulting and Advisory Services for Cloud Manufacturing Solutions, Customization and Personalization Services, Data Security and Compliance Services, Training and Support Services, Managed Services for Cloud-Based Manufacturing Solutions, Remote Monitoring and Management Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14674&type=smp

Which Firms Dominate the Cloud Manufacturing Market by Market Share and Revenue in 2025?
Major companies operating in the cloud manufacturing market are Amazon.com Inc., Google LLC, Microsoft Corporation, Dell Technologies Inc., Siemens AG, International Business Machines Corporation, General Electric Company, Cisco Systems Inc., Oracle Corporation, NetSuite Inc., SAP SE, Salesforce.com Inc., Hewlett Packard Enterprise Company, DXC Technology Company, VMware Inc., Rockwell Automation Inc., Citrix Systems Inc., Jelastic Inc., Hitachi Vantara, PTC Inc., Cloudera Inc., Box Inc., Rootstock Software

Which Regions Offer the Highest Growth Potential in the Cloud Manufacturing Market?
North America was the largest region in the cloud manufacturing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14674

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.