Manufacturing Software Industry Statistics

The manufacturing software industry is projected to experience steady growth driven by advancements in automation technologies and increasing adoption of Industry 4.0 practices.

Statistic 1

"The annual growth rate in the Americas is 6%, with the manufacturing software market expected to reach $6.8 billion by 2022."

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Statistic 2

"The majority of users (53%) use manufacturing software for 1-4 hours per day."

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Statistic 3

"95% of manufacturers believe that smart factory technology will significantly enhance their productivity."

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Statistic 4

"The Manufacturing Execution System (MES) market is expected to grow from $11.8 billion in 2021 to $17.1 billion by 2026, at a CAGR of 7.8%."

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Statistic 5

"71% of B2B manufacturing companies have an ERP (Enterprise Resource Planning) installed."

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Statistic 6

"40% of production managers' time spent on real-time monitoring could be eliminated by digital solutions."

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Statistic 7

"Most companies (91%) expect Industry 4.0 to lead to new business models."

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Statistic 8

"82% of manufacturers expect to increase their level of digitization by 2020."

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Statistic 9

"87% of manufacturers using ERP systems had positive ROI within 36 months."

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Statistic 10

"By 2025, AI could be worth $36.8 billion in value to the manufacturing industry."

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Statistic 11

"The global market for Industrial IoT (IIOT) in manufacturing is set to grow at a CAGR of 7.3% from 2020 to 2027."

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Statistic 12

"95% of manufacturing companies agree that digital transformation has a notable impact on customer service, particularly in terms of agility and speed."

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Statistic 13

"More than 80% of executives predict their organizations will be using IIOT in manufacturing applications by 2021."

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Statistic 14

"56% of manufacturing companies saw greater than a 20% increase in efficiency thanks to digitization."

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Statistic 15

"By 2030, the IoT is predicted to generate an additional $14.2 trillion in revenue for companies."

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Statistic 16

"70% of manufacturing companies struggle with labor shortages which is encouraging the adoption of automation solutions."

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