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Digital Transformation Market in Manufacturing to Reach $1,170.7 Billion by 2032, Growing at a CAGR of 23.7% from 2025–Exclusive Report by Meticulous Research®

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Market Growth Driven by Adoption of AI, Advanced Robotics, and Cloud Computing Solutions

REDDING, Calif., April 11, 2025 /PRNewswire/ — According to a new market research report titled “Digital Transformation Market in Manufacturing by Offering (Services), Enterprise Size, Deployment Mode, Technology (Cloud Computing, AI & ML, IoT, AR & VR), End-use Industry (Pharmaceuticals) – Global Forecast to 2032”, published by Meticulous Research®, the global digital transformation market in manufacturing is projected to reach $1,170.7 billion by 2032, growing at a robust CAGR of 23.7% from 2025 to 2032. This expansion is driven by the increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML), the rise of advanced robotics and automation, and manufacturers’ preferences for cost-efficient processes.

Browse in-depth scope of Digital Transformation Market in Manufacturing Report:
229 – Tables
43 – Figures
260 – Pages

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KEY MARKET DRIVERS AND TRENDS

The digital transformation market in manufacturing is rapidly expanding, driven by the increasing adoption of AI, machine learning, and advanced robotics to enhance operational efficiency, reduce downtime, and optimize production. Cloud computing is also playing a vital role, offering scalable and flexible solutions for real-time collaboration and data access. The integration of IoT devices is transforming manufacturing floors into smart, connected ecosystems, enabling predictive maintenance and process automation. Additionally, rising demand for customized products and faster time-to-market is pushing manufacturers to embrace digital technologies. Sustainability initiatives and the need for cost-efficient production methods further fuel this trend, making digital transformation a strategic priority across the manufacturing sector.

GROWTH OPPORTUNITIES

The digital transformation market in manufacturing presents numerous growth opportunities driven by technological advancements and evolving industry demands. One of the most significant opportunities lies in the integration of Artificial Intelligence (AI) and Machine Learning (ML) into manufacturing operations. These technologies enable predictive maintenance, real-time process optimization, and intelligent decision-making, allowing manufacturers to improve efficiency, reduce downtime, and lower operational costs.

Another major opportunity is the adoption of Industrial Internet of Things (IIoT). By connecting machines, sensors, and systems, IIoT enables seamless data exchange, visibility across the production line, and proactive monitoring of assets. This connectivity leads to smarter factories, where automation and data analytics enhance productivity and product quality.

Cloud computing is also a key growth driver, offering scalable infrastructure, data storage, and remote collaboration tools. With cloud-based solutions, manufacturers can manage global operations more effectively, integrate digital tools across facilities, and respond swiftly to market changes. Furthermore, hybrid cloud models offer flexibility and security, making them increasingly attractive.

Augmented Reality (AR) and Virtual Reality (VR) present emerging opportunities in workforce training, remote assistance, and product design. These immersive technologies improve employee efficiency, reduce training costs, and support rapid prototyping and customer engagement.

Sustainable manufacturing is gaining momentum as companies aim to reduce carbon footprints and comply with environmental regulations. Digital solutions that monitor energy consumption, optimize supply chains, and reduce waste offer long-term value and open new avenues for innovation and differentiation.

Additionally, the growing emphasis on smart factories and Industry 4.0 initiatives, particularly in emerging markets, is accelerating the demand for digital transformation. Governments and industry bodies are supporting this shift through incentives and policy frameworks, creating a favorable environment for investment.

Therefore, these factors make digital transformation a critical enabler of innovation, competitiveness, and sustainable growth in the manufacturing sector.

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MARKET CHALLENGES

Despite strong growth, the digital transformation market in manufacturing faces several challenges. High implementation costs remain a major barrier, especially for small and medium-sized enterprises that may lack the resources for large-scale digital upgrades. Data security and privacy concerns are also significant, as increased connectivity and cloud reliance expose systems to cyber threats. Additionally, integrating new technologies with legacy systems can be complex and time-consuming, causing operational disruptions. There is also a shortage of skilled professionals capable of managing advanced digital tools like AI, IoT, and robotics. Resistance to change within traditional manufacturing environments further hampers adoption. Lastly, unclear ROI and the rapid pace of technological advancements can make long-term planning and investment decisions more difficult for manufacturers.

SEGMENT INSIGHTS

The global digital transformation market in manufacturing is segmented by offering (hardware, software, and services), enterprise size (small & medium enterprises and large enterprises), deployment mode (cloud-based deployment and on-premises deployment), technology (mobile technology, internet-of-things (IoT), network connectivity, digital twin & simulation, robotic process automation, cloud computing, artificial intelligence & machine learning, AR & VR, additive manufacturing & 3D printing, big data & analytics, and cybersecurity), end-use industry (semiconductor & electronics, automotive, food and beverages, chemicals, heavy metal and machine manufacturing, energy and power, aerospace and defense, pharmaceuticals, FMCG, and other end-use industries), and geography. The study also evaluates industry competitors and analyzes the market at the country and regional levels.

Market by Offering

By 2025, the services segment is anticipated to lead the digital transformation market in manufacturing. This dominance is driven by the increasing reliance on expert consulting, system integration, and ongoing support required to implement and manage complex digital ecosystems. As manufacturers navigate the transition to smart factories, they seek end-to-end services that include strategy development, technology deployment, and workforce training. The demand for personalized digital roadmaps and scalable implementation services is also on the rise, especially among enterprises looking to enhance productivity and minimize downtime. Additionally, the rapid pace of technological change is fueling a growing need for agile support models and managed services partnerships.

Furthermore, the services segment is sub-segmented into consulting, planning and designing, engineering, support and maintenance, application development, network infrastructure management, and other services. The rising need for expert guidance, seamless integration, infrastructure optimization, system upgrades, and agile application development to ensure smooth digital transitions and sustained operational efficiency in manufacturing are further expected to support the growth of this market.

Market by Deployment Mode

By 2025, the cloud-based deployment segment is anticipated to lead the digital transformation market in manufacturing. The large share of this segment is mainly attributed to the increasing adoption across all scales of manufacturing enterprises. Manufacturers are increasingly leveraging cloud platforms to access real-time data, enhance interdepartmental collaboration, and streamline business operations remotely. The flexibility offered by cloud solutions allows companies to scale resources on demand, enabling faster response to market shifts and production needs.

Unlike traditional on-premises systems, cloud-based deployments reduce the need for heavy capital investment in IT infrastructure and minimize maintenance burdens. Additionally, with the rise of hybrid work models and global supply chains, cloud technology ensures seamless connectivity, data security, and operational continuity across multiple locations.

Market by Technology

By 2025, the cloud computing segment is anticipated to lead the digital transformation market in manufacturing, driven by its pivotal role in enabling digital connectivity and operational agility. Cloud platforms facilitate seamless data exchange across departments and geographies, empowering manufacturers to improve collaboration and streamline workflows. With cloud-based solutions, organizations gain access to high-performance computing resources, up-to-date applications, centralized data storage, and advanced automation tools—all without significant infrastructure investment. The shift toward Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS) models further boost the cloud’s appeal by offering scalability, lower maintenance burdens, and faster deployment cycles.

On the other hand, the artificial intelligence and machine learning segment is poised to witness the fastest growth over the forecast period. The rising demand for intelligent automation, real-time data processing, and predictive analytics is fueling the integration of AI/ML technologies into manufacturing processes. Manufacturers are increasingly adopting AI for optimizing supply chain management, forecasting maintenance needs, improving production planning, and enhancing quality control. Furthermore, machine learning algorithms are being used to detect anomalies, anticipate equipment failures, and bolster cybersecurity defenses by identifying emerging threats.

In addition, AI-driven insights are transforming customer experience strategies by enabling hyper-personalization and automating customer service functions. As manufacturers prioritize data-driven decision-making and agile operations, AI and ML will play a central role in reshaping production ecosystems and accelerating digital transformation initiatives.

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GEOGRAPHIC MARKET INSIGHTS

Geographically, Asia-Pacific is expected to lead the market by 2025, supported by its region’s robust industrial infrastructure, rapid digital adoption, and strong governmental backing for smart manufacturing initiatives. Countries such as China, Japan, South Korea, and India are spearheading this transformation through substantial investments in cutting-edge technologies like AI, Industrial IoT (IIoT), robotics, and digital twin systems. China continues to lead globally in manufacturing output and is aggressively pushing digital initiatives under its “Made in China 2025″ strategy. Japan and South Korea, home to global leaders in electronics and automotive industries, are at the forefront of robotics and intelligent factory deployments. Meanwhile, India’s “Make in India” campaign is encouraging both local and foreign investment in digitizing manufacturing operations, driving rapid technology uptake among SMEs and large enterprises alike.

Asia-Pacific also benefits from a thriving ecosystem of tech innovators and automation startups, as well as a dense presence of global cloud, AI, and software providers. The region is experiencing exponential growth in enabling technologies such as 5G, cloud platforms, and real-time analytics, further accelerating the shift toward smart manufacturing environments.

Moreover, rising labor costs and the increasing demand for efficient, high-precision production are compelling manufacturers to adopt advanced digital solutions. Governments across the region are introducing favorable policies, tax incentives, and R&D grants to boost digital capabilities in manufacturing. As a result, Asia-Pacific is emerging as the global hub for digital transformation in manufacturing, setting benchmarks for innovation, productivity, and competitiveness on the global stage.

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COMPETITIVE LANDSCAPE

Major companies in the global digital transformation market in manufacturing have implemented various strategies to expand their product offerings, footprints, and market shares. The key strategies followed by most companies in the digital transformation market in manufacturing were product launches & enhancements, mergers & acquisitions, agreements, collaborations, and partnerships.

Some of the prominent players that adopted these growth strategies are International Business Machines Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica, S.A. (Spain), Accenture plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services Limited (India), and Cisco Systems, Inc. (U.S.).

Related Reports:

Digital Transformation Market

AI in Manufacturing Market

Smart Manufacturing Market

IoT in Manufacturing Market

About Meticulous Research

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement. Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight major sectors and 20+ geographic markets, all to deliver targeted business insights that help our clients lead in a rapidly evolving global market.

With a strong focus on problem-solving for complex business challenges, our research enables organizations to navigate change with assertion, aligning it with strategic pathways for sustainable growth. By identifying innovative and effective solutions, we empower leaders to make impactful decisions that drive operational excellence and fuel innovation. We are committed to crafting insights that enhance business performance and help our clients unlock new revenue opportunities, positioning them for long-term success in the competitive global marketplace.

To find out more, visit www.meticulousresearch.com or follow us on LinkedIn 

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Mr. Khushal Bombe
Meticulous Market Research Pvt. Ltd.
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Starburst Announces Strategic Investment from Citi

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May 19, 2025

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BOSTON, May 19, 2025 /PRNewswire/ — Starburst, the data platform for apps and AI, today announced a strategic investment from Citi.

Starburst’s platform enables organizations to unify access to distributed data, across cloud, on-premises, and hybrid environments, without the need for data duplication or complex migrations.

Starburst’s vision is to deliver cutting-edge AI and analytics solutions on an open, hybrid data lakehouse foundation.The investment strengthens the company’s momentum in enabling global enterprises to build secure, scalable, and intelligent data applications.By bringing AI “lakeside,” Starburst eliminates the traditional friction between data, governance, and AI. Starburst’s technology is used by 10 of the top 15 banks.

The investment was made through Citi’s Markets Innovation & Investments division. “We’re excited to collaborate with Starburst to help shape the future of enterprise data and AI,” said Lee Smallwood, Global Head of Markets Innovation and Investments, Citi. “Our strategic investment reflects Citi’s commitment to advancing a modern, AI-ready data infrastructure, prioritizing governance, performance, and flexibility to power mission-critical financial services in a global, regulated environment.”

“Our mission is to meet the data challenges faced by complex, global institutions,” said Justin Borgman, CEO and Co-Founder of Starburst. “We’re proud to provide our clients with a secure, high-performance platform that enables access to data wherever it lives. Citi’s investment reinforces our mission to remove barriers between data and insight, especially in industries where speed, trust, and governance are non-negotiable.”

Starburst continues to expand its reach into high-demand, regulated industries where AI is becoming a cornerstone of transformation.

About Starburst 

Starburst is the data platform built for flexibility, delivering fast, secure access to all your data, wherever it lives. Whether on-premises, across clouds, or in hybrid environments, Starburst provides choice and control to your architecture. Built on an open data stack with Trino and Apache Iceberg, it unifies distributed data without complex or costly migrations, unleashing the full power of the data lakehouse for analytics and AI.

With our Lakeside AI architecture, enterprises gain federated access, governed collaboration, and full data lineage, laying the foundation for scalable, compliant AI innovation. Starburst empowers data-intensive and security-conscious organizations to unlock the full potential of their data while ensuring performance, governance, and control.

Enterprises in 60+ countries, including Comcast, Citigroup, and 4 of the top 5 global banks, trust Starburst to maximize data value. Our strategic partnerships with AWS, Dell Technologies, and top cloud providers ensures seamless interoperability across environments.

From insights to action to AI, Starburst fuels innovation at every level. Learn more at starburst.ai.

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Ecotrak Launches Self-Service CMMS, Empowering Small Businesses to Take Control of Facilities Management

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42 minutes ago

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May 19, 2025

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IRVINE, Calif., May 19, 2025 /PRNewswire/ — Ecotrak, the leading provider of facility and asset management software for multi-location businesses, has officially launched Ecotrak Build, a self-service CMMS (Computerized Maintenance Management System) designed specifically for small business operators. Built from the ground up for speed, simplicity, and affordability, Ecotrak Build is now available for just $25 per year, per location—and includes a 30-day free trial.

With the launch of its self-service portal, Ecotrak is removing traditional barriers to entry like implementation delays and expensive onboarding. Small business owners can now sign up in minutes, set up locations, find vendors, and start managing their repairs from one easy-to-use platform.

“We built Ecotrak Build for the operators who do it all—the ones wearing five hats and still trying to keep their equipment running,” said Daniel Castleman, VP of Product at Ecotrak. “There hasn’t been a robust CMMS solution made specifically for small business. Build changes that. It’s affordable, it’s powerful, and it’s ready to go when you are.”

Key features of Ecotrak Build include:

Instant access to pre-vetted service providers

Unlimited work orders and invoices

Support for up to 10 locations during the free trial

Mobile app for fast, on-the-go service requests

A clean, intuitive dashboard

From plumbing issues and HVAC breakdowns to equipment maintenance and emergency repairs, Ecotrak Build gives operators the ability to respond fast, assign vendors, track progress, and manage costs—all in real time.

The self-service experience was designed to be plug-and-play:

Create an accountAdd your locationsInvite and assign vendorsSubmit your first service requestStart tracking work

Build is ideal for quick-service restaurants, franchise owners, coffee shops, gyms, salons, convenience stores, and any other small business that depends on equipment working day in and day out. Unlike enterprise CMMS tools built for corporate facilities teams, Build meets operators where they are—with simple workflows, mobile-first access, and no unnecessary complexity.

The platform is now live at www.ecotrak.com/pricing, where new users can sign up and begin their 30-day free trial.

About Ecotrak

Ecotrak is more than a facility management platform—it’s your partner in the trenches. Built for businesses that can’t afford downtime, Ecotrak delivers real solutions, real insights, and real support to help facility teams run smoother, spend smarter, and plan for the long haul.

With an intuitive, easy-to-use platform, Ecotrak simplifies asset management, work orders, and service provider coordination—so facility teams can stop putting out fires and start making bigger-picture decisions. Whether it’s preventing breakdowns, maximizing budgets, or optimizing operations, Ecotrak is right there with you, every step of the way. Together, we run it. For more information, visit ecotrak.com.

Ecotrak Media Contact
Shawna Moore
Director of Marketing
shawna@ecotrak.com
(310) 365-7634

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T-Kartor Introduces Field-Proven, Cloud-Native Geospatial Platform

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42 minutes ago

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May 19, 2025

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Packaged solution to simplify integration and maximize performance for geospatial operations

ST. LOUIS, May 19, 2025 /PRNewswire/ — T-Kartor, the leader in harnessing geospatial solutions for real-world impact, announced today the release of the latest version of its proven geospatial platform. This platform streamlines individual components and capabilities into a single, cohesive platform for data management, analysis and decision-making.

Geospatial information can help public and private organizations unlock new opportunities, make secure decisions for communities, and gain strategic insights that can be used for further business growth and operational resilience. T-Kartor’s platform brings together all of this information from disparate sources to help organizations manage, analyze, visualize, and disseminate new insights that help inform improved decision-making.

With the upgraded platform, users gain:

A simplified codebase ensures more consistency and streamlined communication between T-Kartor products such as Iris and Orion, ultimately maximizing the value of customers’ investments.New tools for evaluating an organization’s spatial and non-spatial data holdings help illustrate which resources are used most and which are underused and identify the source of requests and geographies queried most often.Ability to elastically scale up, down, or out as compute resources are needed.New enhanced external APIs for machine-to-machine communication and integration into legacy workflows and systems that make extending the T-Kartor platform into existing architectures easier than ever before.

Anthony Calamito, chief strategy officer, T-Kartor, said: “Many geospatial software platforms exist on the market, but few, if any, are cloud-native and designed specifically for modern DevOps environments. What T-Kartor is bringing to market will fundamentally change how software is provisioned and scaled to support enterprise geospatial operations by providing insight into what an organization uses most often, how much compute power is needed, and where resources may be better allocated.” 

Magnus Persson, vice president of products, T-Kartor, said: “As a cloud-first product company, we are focused on engineering our products to be best suited to modern, DevOps architectures and deployment patterns to meet the demands of our customers today. We continue to evolve our platform to work in containerized environments (both Kubernetes and Docker) to support the needs of our customers.”

To learn more about how the new T-Kartor platform can help you get better geospatial insights for a changing world, visit here or meet the team live at the GEOINT Symposium at Booth 1141 from May 18-21.

About T-Kartor

T-Kartor USA is an agile, innovative business combining cartographic, GIS, and programming skills to deliver high-quality and affordable solutions. T-Kartor USA, located in St Louis, Missouri, is a subsidiary of T-Kartor Group AB, a privately-owned entity founded in Kristianstad Sweden in 1985. T-Kartor has offices in five countries; Sweden, Norway, Finland, the U.K., and the U.S. T-Kartor Group AB is committed to providing services and platforms for geospatial solutions, seamless one-feature-one-time map production, world-class city wayfinding, and integrated public transport information.

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