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The IoT in Manufacturing Market is experiencing accelerated transformation as organizations leverage connected devices, advanced analytics, and service models to achieve greater operational visibility and strategic agility. This ongoing shift positions IoT as a foundational enabler for the next phase of manufacturing competitiveness.
Market Snapshot: IoT in Manufacturing Market Growth and Outlook
The IoT in Manufacturing Market grew from USD 69.31 billion in 2024 to USD 74.38 billion in 2025. With an expected CAGR of 8.00%, the market is projected to reach USD 110.03 billion by 2030. This steady growth reflects manufacturers’ increasing demand for scalable IoT solutions, spanning hardware, software, and services. Adoption of pervasive connectivity, distributed sensing, and edge compute applications are central to this evolution as enterprises seek improved productivity, cost optimization, and predictive operational control.
Scope & Segmentation
This report provides comprehensive segmentation and analysis, enabling stakeholders to assess key opportunities and challenges across the sector. The coverage spans:
- Component: Actuator, Cameras & Vision Systems, Connectivity Modules, Controller, Gateways & Edge Devices, Robotic Systems, Sensor, Managed Services, Professional Services, Analytics & Visualization, Application Management, Data Management, Device Management, Network Management, Smart Surveillance.
- Manufacturing Type: Discrete Manufacturing (High-Volume, Low-Volume), Process Manufacturing (Batch, Continuous).
- Connectivity: Ethernet, Fieldbus, Bluetooth, 4G LTE, 5G, Near Field Communication, Satellite, Wi‑Fi, Zigbee.
- Deployment Mode: Cloud-Based, On-Premises.
- Organization Size: Large Enterprises, Small & Medium-Sized Enterprises.
- Application: Condition Monitoring (Thermal Monitoring, Vibration Analysis), Digital Twin & Simulation (Product Twins, System Twins), Energy Management, Inventory & Asset Tracking, Predictive Maintenance, Production Monitoring, Safety & Compliance.
- End-Use Industry: Aerospace & Defense, Automotive, Chemicals, Consumer Goods, Electronics & Semiconductors, Food & Beverage, Metals & Mining, Oil & Gas, Pharmaceuticals & Biotechnology, Textiles.
- Region: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan).
- Key Companies: ABB Ltd., Accenture PLC, Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., GE Vernova, HCL Technologies, Hewlett Packard Enterprise, Hitachi Ltd., Huawei, Intel, IBM, Litmus Automation, Microsoft, NTT DATA, Oracle, PTC Inc., Robert Bosch, Rockwell Automation, SAP SE, Schneider Electric, Siemens AG, TATA Consultancy Services, Ericsson, Wind River Systems (Aptiv PLC), Amazon Web Services, Honeywell International, Emerson Electric.
Key Takeaways for Manufacturing Leaders
- Manufacturers are prioritizing operational resiliency, driving investments in distributed sensing, edge computing, and digital twin applications to support dynamic supply chains and reduce unplanned downtime.
- Scalable deployment of IoT systems now relies on robust device interoperability and disciplined data governance, with organizations moving beyond isolated pilots to coordinated, enterprise-level initiatives.
- Evolution in connectivity—including high-performance cellular and reliable wireless–enables both real-time control and advanced analytics, supporting adaptive production and asset management.
- Service models are maturing, as leaders look to managed and professional services for integration, maintenance, and the ongoing value-extraction from complex solution stacks across facilities.
- Regional regulatory priorities, supply chain proximity, and sector-specific requirements increasingly shape technology choices, industry partnerships, and implementation strategies for global manufacturers.
- Competitive differentiation stems from modular architectures, integration expertise, and service excellence, with leading providers aligning their solutions to stringent requirements for reliability, security, and scalability.
Tariff Impact on IoT in Manufacturing Market
Tariff adjustments on hardware components and connectivity equipment are influencing procurement decisions and supplier networks. Organizations are mitigating risk through supplier diversification, modular design adoption, and by exploring local or dual-sourcing strategies. These measures strengthen supply chain resilience and ensure continuity amidst shifting regulatory and cost dynamics. Manufacturers are also reassessing refresh cycles and the balance between legacy equipment maintenance and accelerated upgrades to reduce cost volatility and regulatory exposure.
Methodology & Data Sources
This research leverages expert interviews, vendor documentation, technical white papers, and firsthand stakeholder discussions. The analytical process included scenario-based evaluation, technical comparison of architectures, and multi-source cross-validation, ensuring findings reflect operational realities across varying manufacturing sectors.
Why This Report Matters
- Enables senior leaders to benchmark strategies, investments, and capabilities in the rapidly-evolving IoT in Manufacturing Market.
- Delivers actionable regional and segment-level insights to inform procurement, technology adoption, and partnership decisions.
- Equips organizations to align technology and supply chain strategies with regulatory requirements, market trends, and sector priorities.
Conclusion
The path to IoT-driven manufacturing leadership rests on aligning technology, organizational readiness, and governance. This report provides strategic clarity for building the resilient, data-driven operations essential to thrive in a connected industrial landscape.
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- Purchase of this report includes 1 year online access with quarterly updates.
- This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
Table of Contents
3. Executive Summary
4. Market Overview
7. Cumulative Impact of Artificial Intelligence 2025
List of Figures
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Companies Mentioned
The key companies profiled in this IoT in Manufacturing market report include:- ABB Ltd.
- Accenture PLC
- Atos SE
- Cisco Systems Inc.
- Dell Technologies Inc.
- Fujitsu Ltd.
- GE Vernova by General Electric Company
- HCL Technologies Ltd.
- Hewlett Packard Enterprise Development LP
- Hitachi Ltd.
- Huawei Technologies Co., Ltd.
- Intel Corporation
- International Business Machines Corporation
- Litmus Automation Inc.
- Microsoft Corporation
- NTT DATA Group Corporation
- Oracle Corporation
- PTC Inc.
- Robert Bosch GmbH
- Rockwell Automation
- SAP SE
- Schneider Electric SE
- Siemens AG
- TATA Consultancy Services Limited
- Telefonaktiebolaget LM Ericsson
- Wind River Systems, Inc. by Aptiv PLC
- Amazon Web Services, Inc.
- Honeywell International Inc.
- Emerson Electric Co.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 182 |
Published | October 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 74.38 Billion |
Forecasted Market Value ( USD | $ 110.03 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |