Digital Manufacturing Market to Witness Unprecedented
Growth in Coming Years
Digital Manufacturing Market study provides key insights about market
drivers, restraints, opportunities, new product launches or approval,
regional outlook, and competitive strategies adopted by the leading
players.
Digital manufacturing is a process of improving the manufacturing process of the product from
virtual to physical world. Increasing adoption of cloud-based PLM software is projected to
increase the demand for digital manufacturing specific applications. This will enable the
manufacturing plants to access the PLM software from remote areas as well. Technomatix and
Manufacturing 360 are applications that are used in the iOS and Android gadgets respectively.
Furthermore, increasing adoption of internet of things in manufacturing industries fuels market
growth globally. According to Coherent Market Insights, over 42 billon devices are projected to
be connected to the internet by 2020. Moreover, the demand to reduce capital expenditure,
shorten lead times, and high productivity is expected to increase the demand for digital
manufacturing in various verticals.
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