Search results for: 'transform 2023'

The global Supervisory Control and Data Acquisition (SCADA) market is a well-established market and is witnessing a period of medium-to-low growth. It was valued at $5.29 billion in 2018 and is projected to reach $5.76 billion by 2023, growing at a CAGR of 1.7% from 2018 to 2023. The market has been holistically analyzed through 3 main segments, in...

This report studies the emerging trends in consumer behavior and the technology landscape that are set to shape the future of consumerism. Increasing demand for personalized experiences has pushed companies to invest in advanced technologies and rebuild legacy infrastructure, ensuring more tailored shopping experiences across both physical and digi...

09 Jan 2018  |  Asia Pacific  |  Market Outlook

Digital Transformation of the Australian Manufacturing Industry, Forecast to 2024

Industrial Internet of Things and Data Analytics to Transform the Factory Floor

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Australia is able to stay competitive in global manufacturing due to its capabilities in manufacturing high value-added products. However, the comparative disadvantage in large-volume production is currently a restraint limiting the global competitiveness of the industry. The transition to smart manufacturing is being driven by structural changes i...

The scope of the addressable market for this study is the water and wastewater utilities sector (including council-run water and wastewater operations). This excludes water and wastewater assets operated in-house by commercial and industrial enterprises for their own use. Segments included in scope are hardware, software, onsite communications, and...

This research service examines the transformational potential of extended reality (XR) and analyzes its impact on cross-industry applications, including employee training, assembly-line validations, asset inspection, product design and testing, warehouse optimization, quality control, and research and development (R&D). The restrictions imposed by ...

14 Nov 2024  |  Global  |  Market Research

Computer-aided Design Market, Global, 2023‒2030

Design Innovation is Driving Transformational Growth through the Adoption of Advanced Technologies and Cloud-based Deployments in Manufacturing

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Computer-aided design (CAD) is an essential tool for designers in manufacturing. As products and demands change, CAD must evolve to accommodate these transformations. A new market landscape is emerging as software-defined products become the norm, prompting manufacturers to adapt and manage the mechanical and electronic dimensions of their products...

Industrial production lines are undergoing transformation to adapt to the competitive market. As factory of the future becomes real, inter-connected devices autonomously enable flow of data, allowing automated analysis. Automation requires machines that are highly technologically advanced to derive reliable results. With manufacturing shop floors ...

04 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Augmented Connected Worker Sector, Global, 2023 2030

Internal Challenges are Driving Transformational Growth in Industrial Software

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Manufacturing tasks are becoming increasingly complex frontline workers must interact with multiple vertical systems on a daily basis and companies are finding it difficult to find and train suitable new workers. Additionally, an increasing number of small and medium-sized manufacturing companies are beginning their digital transformation. Many ven...

Industrial artificial intelligence (AI) has emerged as a transformative force in manufacturing and process industries, revolutionizing traditional approaches to automation, process optimization, and decision-making. The technology's impact spans 3 core application domains: Product Innovation, enabling value creation through AI-enhanced products and...