Published by TMR Research Insights
Posted on August 4, 2021
11 min readLast updated: January 21, 2026
Industry 4.0 Market: Introduction
Transparency Market Research delivers key insights on the global Industry 4.0 market. In terms of revenue, the global Industry 4.0 market was valued at US$ 89.4 Bn in 2020. It is expected to reach US$ 1 Trn by 2031, expanding at a CAGR of ~27% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global Industry 4.0 market.
The global Industry 4.0 market is broadly affected by several factors, including increasing consumer spending on digitalization and advanced smart factory solutions. Thus, rising adoption of Industry 4.0 in different sectors is propelling the global market for Industry 4.0.
Industry 4.0 Market: Dynamics
The Big Data segment has witnessed significant expansion in the past few years. Most of the data received by companies is in the form of unstructured data, which, in turn, makes it necessary for companies to implement analytics solutions to collate the data and provide a meaningful inference. The industrial sector is facing challenges in managing data due to huge amount of data generated by connected devices and smart industrial devices. Industrial systems generate unstructured data, which needs to be arranged in a significant manner for further industrial process analysis. Major players in manufacturing and automobile sectors are opting for Big Data and analytics to manage the data mining and data extraction process for industrial insights. Companies have been increasingly adopting and investing in digital technologies such as Big Data, Internet of Things, and the cloud despite the downturn in production. This has been an observable trend, which is estimated to continue in the near future.
Digital technologies are proven tools for cost reduction and productivity improvement, and offer greater insights into the development of existing processes. Big Data is an advanced analysis tool for the growing amount of digital transformation data. Most of the major solution providers are investing in new technologies to provide most advanced versions of Industry 4.0 solutions to different industry verticals. The increasing adoption of Big Data analytics has led to increased demand for Industry 4.0 in the industrial sector. Heavy investment made by companies in Big Data is driving the expansion of Industry 4.0. The rising demand for collaborative robots in major industries (aerospace, manufacturing, healthcare, automotive) is expected to create revenue opportunities for Industry 4.0 solution providers, encouraging them to offer more advanced solutions.
For More Industry Insight, Request Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30515
Industry 4.0 Market: Prominent Regions
The Industry 4.0 market in North America is projected to expand during the forecast period, owing to the presence of key market players, technological advancements, and rise in consumer spending in Industry 4.0 solutions such as advanced robotics, AR/VR systems, and 3D printing solutions in the region. The Industry 4.0 market in Europe is likely to expand during the forecast period, due to significant rise in commercial investment in Industry 4.0 and increase in the number of Industry 4.0 providers in major countries such as the U.K. and Germany. The market in Asia Pacific is estimated to expand at a rapid pace during the forecast period, owing to the presence of a large number of players in the Industry 4.0 sector and rapid adoption of Industry 4.0 among automotive and manufacturing sectors in developing countries of Asia.
Industry 4.0 Market: Key Players
Key players operating in the global Industry 4.0 market include ABB Ltd., Alphabet Inc., Ansys, Inc., Cisco Systems, Inc., Cognex Corporation, FANUC Corporation, General Electric Company, HMS Networks AB, Intel Corporation, International Business Machines Corporation, KUKA AG, Microsoft Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, Stratasys, Ltd., The Hewlett Packard Enterprise Company, and The Yaskawa Electric Corporation.
The start of the COVID-19 pandemic resulted in the slowdown and closure of various projects and businesses due to strict regulations for the supply chain, disrupted electronic value chain, and infection risk on products. Even in regions where COVID-19’s primary effects have begun to decline, serious dislocations seem likely to persist as a fact of life for some time to come, with businesses constantly facing new pressure. It is an undeniable certainty that Industry 4.0 is supporting to deal with the unprecedented steps that have been in place in response to the global COVID-19 pandemic. Industry 4.0 plays a critical role in the backdrop of a pandemic such as COVID-19. Manufacturers utilizing digital solutions are better positioned to overcome the storm, having advanced quicker and further than their competition during the crisis. As businesses think about restoring operations and developing the muscle to deal with future disasters, using digital technologies will be top of mind for many.
Buy our Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=30515<ype=S
In many ways, the coronavirus crisis has influenced not only the manufacturers’ operations in the Industry 4.0 market but also the value of investments, especially in digital technologies. For many, COVID-19 has increased the demand for specific tools enabling developments presently. The coronavirus crisis tested the ability of the Industry 4.0 market. With a pandemic all over the world, the ability to have real-time data for everything, from suppliers to the workshop floor, authorized teams to operate at the desired speed. In the automation and robotics factories, regulations to provide employee safety are strictly being followed with proper distancing measures. Moreover, augmented reality executed a significant role in fixing lines quickly. Furthermore, simulation was necessary for virtually showcasing and inventing changes to factories, lines, and ramps. The Industry 4.0 market succeeded to prove that advanced manufacturing technologies are ready for primetime.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Industry 4.0 Market: Introduction
Transparency Market Research delivers key insights on the global Industry 4.0 market. In terms of revenue, the global Industry 4.0 market was valued at US$ 89.4 Bn in 2020. It is expected to reach US$ 1 Trn by 2031, expanding at a CAGR of ~27% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global Industry 4.0 market.
The global Industry 4.0 market is broadly affected by several factors, including increasing consumer spending on digitalization and advanced smart factory solutions. Thus, rising adoption of Industry 4.0 in different sectors is propelling the global market for Industry 4.0.
Industry 4.0 Market: Dynamics
The Big Data segment has witnessed significant expansion in the past few years. Most of the data received by companies is in the form of unstructured data, which, in turn, makes it necessary for companies to implement analytics solutions to collate the data and provide a meaningful inference. The industrial sector is facing challenges in managing data due to huge amount of data generated by connected devices and smart industrial devices. Industrial systems generate unstructured data, which needs to be arranged in a significant manner for further industrial process analysis. Major players in manufacturing and automobile sectors are opting for Big Data and analytics to manage the data mining and data extraction process for industrial insights. Companies have been increasingly adopting and investing in digital technologies such as Big Data, Internet of Things, and the cloud despite the downturn in production. This has been an observable trend, which is estimated to continue in the near future.
Digital technologies are proven tools for cost reduction and productivity improvement, and offer greater insights into the development of existing processes. Big Data is an advanced analysis tool for the growing amount of digital transformation data. Most of the major solution providers are investing in new technologies to provide most advanced versions of Industry 4.0 solutions to different industry verticals. The increasing adoption of Big Data analytics has led to increased demand for Industry 4.0 in the industrial sector. Heavy investment made by companies in Big Data is driving the expansion of Industry 4.0. The rising demand for collaborative robots in major industries (aerospace, manufacturing, healthcare, automotive) is expected to create revenue opportunities for Industry 4.0 solution providers, encouraging them to offer more advanced solutions.
For More Industry Insight, Request Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30515
Industry 4.0 Market: Prominent Regions
The Industry 4.0 market in North America is projected to expand during the forecast period, owing to the presence of key market players, technological advancements, and rise in consumer spending in Industry 4.0 solutions such as advanced robotics, AR/VR systems, and 3D printing solutions in the region. The Industry 4.0 market in Europe is likely to expand during the forecast period, due to significant rise in commercial investment in Industry 4.0 and increase in the number of Industry 4.0 providers in major countries such as the U.K. and Germany. The market in Asia Pacific is estimated to expand at a rapid pace during the forecast period, owing to the presence of a large number of players in the Industry 4.0 sector and rapid adoption of Industry 4.0 among automotive and manufacturing sectors in developing countries of Asia.
Industry 4.0 Market: Key Players
Key players operating in the global Industry 4.0 market include ABB Ltd., Alphabet Inc., Ansys, Inc., Cisco Systems, Inc., Cognex Corporation, FANUC Corporation, General Electric Company, HMS Networks AB, Intel Corporation, International Business Machines Corporation, KUKA AG, Microsoft Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, Stratasys, Ltd., The Hewlett Packard Enterprise Company, and The Yaskawa Electric Corporation.
The start of the COVID-19 pandemic resulted in the slowdown and closure of various projects and businesses due to strict regulations for the supply chain, disrupted electronic value chain, and infection risk on products. Even in regions where COVID-19’s primary effects have begun to decline, serious dislocations seem likely to persist as a fact of life for some time to come, with businesses constantly facing new pressure. It is an undeniable certainty that Industry 4.0 is supporting to deal with the unprecedented steps that have been in place in response to the global COVID-19 pandemic. Industry 4.0 plays a critical role in the backdrop of a pandemic such as COVID-19. Manufacturers utilizing digital solutions are better positioned to overcome the storm, having advanced quicker and further than their competition during the crisis. As businesses think about restoring operations and developing the muscle to deal with future disasters, using digital technologies will be top of mind for many.
Buy our Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=30515<ype=S
In many ways, the coronavirus crisis has influenced not only the manufacturers’ operations in the Industry 4.0 market but also the value of investments, especially in digital technologies. For many, COVID-19 has increased the demand for specific tools enabling developments presently. The coronavirus crisis tested the ability of the Industry 4.0 market. With a pandemic all over the world, the ability to have real-time data for everything, from suppliers to the workshop floor, authorized teams to operate at the desired speed. In the automation and robotics factories, regulations to provide employee safety are strictly being followed with proper distancing measures. Moreover, augmented reality executed a significant role in fixing lines quickly. Furthermore, simulation was necessary for virtually showcasing and inventing changes to factories, lines, and ramps. The Industry 4.0 market succeeded to prove that advanced manufacturing technologies are ready for primetime.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
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