Report Highlights
The global market for smart manufacturing should reach $392 billion by 2020 from $159 billion in 2015, at a compound annual growth rate (CAGR) of 19.8% from 2015 to 2020.
Report Includes
- An overview of the global markets and related technologies for smart manufacturing
- Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020
- Highlights of major goals the technology aims to achieve: interconnected, interdependent, and integrated manufacturing processes that leverage data to deliver greater information, leading to greater productivity and less waste
- Coverage of an array of IT products and services, including:
- Devices
- Networks & Gateways
- Applications
- M2M
- Analytics
- IoT
- A particular focus on the wearables segment in manufacturing as the growth of that segment may differ from the rest
- The market broken down by region, by industry, and by type of manufacturing
- Profiles of major players in the industry
Report Scope
This BCC Research study on smart manufacturing was conducted with a global perspective. Market projections for investments in smart manufacturing were developed for the five major regions with all market table values in 2016 U.S. dollars. The report provides an understanding of the way markets will be affected by smart manufacturing and insight into the new opportunities created by smart manufacturing.
The report contains:
- An in-depth analysis of the technologies used for smart manufacturing.
- Current and future market projections for smart manufacturing by region.
- Current and potential applications for smart manufacturing.
- Current and future market projections for smart manufacturing by industry.
- Profiles of current industry players, including suppliers of devices, connectivity, and platforms as well as service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.
Analyst Credentials
Nathalie Granato has more than 20 years of experience in IT market research and competitive intelligence, including nearly a decade working IBM. An industry analyst and subject matter expert on IT and competitive intelligence, she develops market strategies, projections and segmentation.
Related Reports
Industry 4.0 Technologies: Global Market Through 2030
The global market for Industry 4.0 technologies was valued at $551.7 billion in 2024 and is estimated to increase from $655.2 billion in 2025 to reach $1.6 trillion by 2030, at a compound annual growth rate (CAGR) of 19.4% from 2025 through 2030.
Smart Transportation: Technologies and Markets
The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.
Global Digital Twin Market
The global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 45.7% from 2024 to 2029.
Passenger Information System: Global Markets
The global passenger information system market is estimated to grow from $14.0 billion in 2022 to $24.0 billion in 2027, with a compound annual growth rate (CAGR) of 11.5% for the period of 2022-2027.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
GCC Country-Level Market Entry Guidelines
This report presents a country-level market entry analysis for the GCC (Gulf Cooperation Council) region, covering Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain. It explores the competitive landscape to understand market saturation levels, leading companies, and white space opportunities in sectors such as energy, manufacturing, retail, healthcare, technology, financial services, and education. The report outlines actionable recommendations and market entry strategies for each GCC country.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Academic & Research Collaboration in GCC
This report provides a strategic overview of academic and research collaboration across the GCC region, highlighting key trends, government initiatives, institutional partnerships, and international cooperation. It examines how countries like the UAE, Saudi Arabia, and Qatar are investing in higher education and R&D to drive innovation, economic diversification, and global competitiveness. The report offers valuable insights for policymakers, academic institutions, and private sector stakeholders seeking to enhance cross-border collaboration and build knowledge-based economies in the Gulf.
Quantum Computing: Technologies and Global Markets to 2030
The global market for quantum computing technologies is expected to grow from $1.6 billion in 2025 to reach $7.3 billion by the end of 2030, at a compound annual growth rate (CAGR) of 34.6% from 2025 to 2030.
Siemens: 360° Company Analysis
The report discusses a 360° analysis of Siemens. It covers various aspects of Siemens, including products, business segments, history, distributors, and financial and strategic development.
Top Trending Reports
Sensors: Technologies and Global Markets
The global market for sensors was valued at $195.1 billion in 2024 and is estimated to increase from $212.5 billion in 2025 to reach $323.3 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% from 2025 through 2030.
Global Cell Line and Membrane Market
The global market for cell lines and membranes was valued at $5.7 billion in 2024 and is estimated to increase from $6.3 billion in 2025 to reach $11.4 billion by 2030, at a compound annual growth rate (CAGR) of 12.5% from 2025 through 2030.
Water and Wastewater Treatment Technologies: Global Markets
The global market for water and wastewater treatment technologies is expected to grow from $350.7 billion in 2025 and is projected to reach $591.2 billion by the end of 2030, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2025 to 2030.
Global Edge AI Market
The global market for edge AI was valued at $8.7 billion in 2024 and is estimated to increase from $11.8 billion in 2025 to reach $56.8 billion by 2030, at a compound annual growth rate (CAGR) of 36.9% from 2025 through 2030.
2024 Medical Devices Research Review
The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years These devices treat and diagnose a multitude of patient conditions and work much better than drugs.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More