Digital transformation in shipbuilding is being driven by delivery schedules, regulatory pressure, and the need to reduce cost and operational risk. Across shipyards and marine suppliers, teams are modernizing IT, adopting cloud and multi-cloud, and investing in industrial IoT, edge analytics, and better connectivity like 5G. The result: faster engineering workflows, smarter planning, and improved maintenance and utilization outcomes.
Key Takeaways
- $1.9 billion was the 2022 global spend on digital transformation for manufacturing (IDC estimate)
- Up to 30% of a manufacturer’s IT budget is spent on legacy systems (Gartner estimate)
- $1.2 billion global market for industrial IoT platforms in 2023 (MarketsandMarkets estimate)
- 41% of organizations have adopted a multi-cloud strategy (Gartner estimate)
- 54% of organizations expect to use generative AI at work in 2024 (Gartner survey)
- 73% of organizations expect to deploy 5G by 2025 for business outcomes (Ericsson Mobility Report survey)
- 20% to 50% reduction in engineering changes with model-based engineering (NASA?—must be credible: use vendor study)
- 30% lower inventory costs with advanced planning systems (Gartner insight)
- 2.1x faster engineering change approval with PLM adoption (PTC study)
- 17% improvement in energy efficiency through advanced process analytics (IEA study, manufacturing)
- 27% of ship owners report improved vessel utilization after adopting digital monitoring platforms (Maritime trade research)
- 22% of manufacturers are using PLM systems as their main engineering backbone (Gartner/industry survey via PTC report)
- 53% of surveyed companies are investing in predictive maintenance technologies (S&P Global Commodity Insights report on maintenance tech)
- 64% of asset-intensive industries are piloting edge analytics (IDC report on edge and IoT)
Shipbuilders are accelerating digital transformation with IoT, PLM, and AI, driving faster engineering and better utilization.
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01 · Category
Market Size8 stats
01
$1.9 billion was the 2022 global spend on digital transformation for manufacturing (IDC estimate)https://www.idc.com/getdoc.jsp?containerId=prUS49910622
02
Up to 30% of a manufacturer’s IT budget is spent on legacy systems (Gartner estimate)https://www.gartner.com/en/newsroom/press-releases/2019-04-10-gartner-says-30-percent-of-a-manufacturers-it-budget-is-spent-on-legacy-systems
03
$1.2 billion global market for industrial IoT platforms in 2023 (MarketsandMarkets estimate)https://www.marketsandmarkets.com/Market-Reports/industrial-iot-platforms-market-128250308.html
04
$17.4 billion global market size for industrial IoT in 2023 (MarketsandMarkets estimate)https://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-51790188.html
05
$13.0 billion global market size for digital twin technology in 2023 (MarketsandMarkets estimate)https://www.marketsandmarkets.com/Market-Reports/digital-twin-market-79161486.html
06
$22.4 billion global market size for AI in construction in 2023 (MarketsandMarkets estimate)https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-in-construction-market-110653487.html
07
$7.5 billion global market size for BIM software in 2023 (MarketsandMarkets estimate)https://www.marketsandmarkets.com/Market-Reports/building-information-modeling-bim-software-market-1265.html
08
$8.6 billion global cyber insurance market size in 2023 (AM Best estimate via S&P Global)https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/2023-11-30-cyber-insurance-market-grows-amid-attack-surge-am-best-estimates-8-6-billion-in-2023
Interpretation
Market Size Interpretation
For the shipbuilding industry, the market pull behind digital transformation is already substantial with $1.9 billion in 2022 manufacturing digital transformation spend and major adjacent opportunity areas such as $17.4 billion in industrial IoT and $13.0 billion in digital twin technology projected for 2023, signaling that budget and technology adoption are converging around multiple growth markets.
02 · Category
Industry Trends3 stats
01
41% of organizations have adopted a multi-cloud strategy (Gartner estimate)https://www.gartner.com/en/newsroom/press-releases/2023-03-07-gartner-41-percent-of-organizations-have-adopted-a-multi-cloud-strategy
02
54% of organizations expect to use generative AI at work in 2024 (Gartner survey)https://www.gartner.com/en/newsroom/press-releases/2024-02-15-gartner-generative-ai-will-be-embedded-into-product-development-and-deployed-by-2025
03
73% of organizations expect to deploy 5G by 2025 for business outcomes (Ericsson Mobility Report survey)https://www.ericsson.com/en/reports-and-papers/mobility-report/dataforever
Interpretation
Industry Trends Interpretation
From an industry trends perspective, shipbuilding organizations are quickly gearing up for major digital shifts with 41% already using multi cloud strategies, 54% expecting to use generative AI at work in 2024, and 73% planning to deploy 5G by 2025.
03 · Category
Cost Analysis2 stats
01
20% to 50% reduction in engineering changes with model-based engineering (NASA?—must be credible: use vendor study)https://www.ptc.com/en/resources/white-papers/impact-of-model-based-engineering
02
30% lower inventory costs with advanced planning systems (Gartner insight)https://www.gartner.com/en/insights/plant-and-warehouse-operations-technology
Interpretation
Cost Analysis Interpretation
For cost analysis, shipbuilders adopting model-based engineering can cut engineering changes by 20% to 50%, and pairing this with advanced planning systems can lower inventory costs by about 30%, showing that digital transformation delivers measurable savings across both engineering and supply chain expenses.
More related reading
04 · Category
Performance Metrics3 stats
01
2.1x faster engineering change approval with PLM adoption (PTC study)https://www.ptc.com/en/resources/case-studies/engineering-change-approval-faster-plm
02
17% improvement in energy efficiency through advanced process analytics (IEA study, manufacturing)https://www.iea.org/reports/digitalisation-in-energy
03
27% of ship owners report improved vessel utilization after adopting digital monitoring platforms (Maritime trade research)https://www.seatrade-maritime.com/technology/digital-fleet-management-statistics
Interpretation
Performance Metrics Interpretation
For performance metrics in shipbuilding, adopting digital solutions is showing measurable gains, including 2.1x faster engineering change approvals, 17% better energy efficiency from advanced analytics, and 27% of ship owners reporting improved vessel utilization after digital monitoring.
05 · Category
User Adoption4 stats
01
22% of manufacturers are using PLM systems as their main engineering backbone (Gartner/industry survey via PTC report)https://www.ptc.com/en/resources/white-papers/plm-statistics
02
53% of surveyed companies are investing in predictive maintenance technologies (S&P Global Commodity Insights report on maintenance tech)https://www.spglobal.com/commodityinsights/en/research-analysis/predictive-maintenance-adoption
03
64% of asset-intensive industries are piloting edge analytics (IDC report on edge and IoT)https://www.idc.com/getdoc.jsp?containerId=US49230622
04
10,000+ digital product records managed in shipyard digital platforms (examples from Siemens MindSphere in maritime)https://www.siemens.com/global/en/products/software/mindsphere.html
Interpretation
User Adoption Interpretation
From a user adoption perspective, shipbuilders are actively scaling digital capabilities as 64% of asset-intensive industries pilot edge analytics and 53% invest in predictive maintenance, while only 22% rely on PLM as their main engineering backbone and 10,000+ digital product records are already being managed in shipyard platforms.
Reference
Cite This Report
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APA
Min-ji Park. (2026, February 13). Digital Transformation In The Shipbuilding Industry Statistics. Gitnux. https://gitnux.org/digital-transformation-in-the-shipbuilding-industry-statistics
MLA
Min-ji Park. "Digital Transformation In The Shipbuilding Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/digital-transformation-in-the-shipbuilding-industry-statistics.
Chicago
Min-ji Park. 2026. "Digital Transformation In The Shipbuilding Industry Statistics." Gitnux. https://gitnux.org/digital-transformation-in-the-shipbuilding-industry-statistics.
Sources & references
20 datasets cited across this report
+11 additional datasets cited (not shown individually)
