Smart Manufacturing Market Trends, Business Strategies and Opportunit Smart Manufacturing Market Trends, Business Strate | Page 4

Smart Manufacturing Market to 2025
Smart manufacturing market is broadly segmented into technology, deployment model, end-user industry and
geography. Technologies are further sub categorized into Internet of Things (IoT), RFID, Robotics, Machine Vision
Systems, Cloud Computing and others. While these technologies can be deployed both On-Premises and On-Cloud,
the segment deployment model briefs about the same. The global smart manufacturing market is also dived on the
basis of end-user industry such as automotive, food and beverage, healthcare, pharmaceutical, aerospace &
defense, consumer electronics and others.
The smart manufacturing market is further bifurcated into geographic regions such as North America, Europe, APAC,
South America (SAM), Middle East and Africa (MEA). North America being one of the technologies hub, companies
in this region are more focused on offering solution and services to engage most of the manufacturers across the
globe. While Europe is one of the leading regions for manufacturers, industries such as automotive, aerospace &
defense, other industries such as biotechnology, chemical and food & beverage are keen in adopting the systems
and services to enhance the production capacity. APAC is one of the key regions which include growing economies
such as China, Japan, India, etc. hence this region is considered to be fastest growing and is estimated to gain major
share of the market in near future.

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