Global Smart Factory Software Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03258943

Publication Date:

March 5, 2025

Pages:

110

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Smart Factory Software market size is predicted to grow from US$ 27900 million in 2025 to US$ 53530 million in 2031; it is expected to grow at a CAGR of 11.5% from 2025 to 2031.
A smart factory is a digitised manufacturing facility that uses connected devices, machinery and production systems to continuously collect and share data.
The smart factory market is experiencing rapid growth and is expected to continue expanding in the coming years. A smart factory, also known as a digital factory or factory of the future, refers to an advanced manufacturing facility that incorporates various technologies such as artificial intelligence (AI), Internet of Things (IoT), robotics, and big data analytics to optimize production processes and improve operational efficiency.

One of the key drivers of the smart factory market is the increasing adoption of industrial automation. Manufacturers are deploying automation solutions to streamline their production processes, reduce human errors, and increase productivity. Smart factories enable seamless communication and collaboration between different machines, systems, and processes, leading to improved production quality and reduced costs.

Another important trend in the smart factory market is the integration of AI and data analytics. By leveraging data collected from connected devices and sensors, manufacturers can gain valuable insights into their operations and make data-driven decisions. AI-powered analytics software can analyze large volumes of data in real-time, identify patterns, and optimize production processes to enhance efficiency, reduce downtime, and improve product quality.

The implementation of IoT technologies is also driving the growth of smart factories. Connected devices and sensors enable real-time monitoring and control of production equipment, allowing manufacturers to detect and resolve issues proactively. IoT also enables the collection of valuable data, enabling predictive maintenance and optimizing equipment utilization.

Furthermore, advancements in robotics and collaborative robots (cobots) are transforming the factory environment. Robots are being used extensively in tasks such as assembly, material handling, and quality control, improving efficiency and reducing the risk of worker injuries. Cobots, designed to work safely alongside human workers, are particularly gaining popularity as they can assist with repetitive or dangerous tasks, freeing up human workers to focus on more complex and value-added activities.

Additionally, as sustainability becomes a key focus across industries, the concept of a green and energy-efficient smart factory is gaining traction. Manufacturers are adopting renewable energy sources, energy management systems, and sustainable practices to reduce their carbon footprint and optimize energy consumption.

In terms of geographical trends, Asia Pacific is expected to dominate the smart factory market. Countries like China, Japan, and South Korea have made significant investments in smart manufacturing technologies and are witnessing rapid industrial automation. The region"s strong manufacturing base and the push towards Industry 4.0 are driving the adoption of smart factory solutions.

Overall, the smart factory market is witnessing significant growth driven by the increasing adoption of industrial automation, the integration of AI and data analytics, and the implementation of IoT technologies. The use of robotics and cobots is also shaping the factory environment. The Asia Pacific region is expected to lead the market, propelled by its strong manufacturing base and government support for smart manufacturing initiatives.
The 鈥淪mart Factory Software Industry Forecast鈥� looks at past sales and reviews total world Smart Factory Software sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Factory Software sales for 2025 through 2031. With Smart Factory Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Factory Software industry.
This Insight Report provides a comprehensive analysis of the global Smart Factory Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Factory Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Smart Factory Software market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Factory Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Factory Software.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Factory Software market by product type, application, key players and key regions and countries.
Segmentation by Type:
Human Machine Interface
Product Life Cycle Management
Distributed Control System
SCADA
ERP
Others
Segmentation by Application:
Smart Factories for Automotive
Smart Factories for Aerospace & Defence
Smart Factories for Electrical & Electronics
Smart Factories for Food & Beverages
Smart Factories for Energy & Utilities
Smart Factories for Healthcare & Pharmaceuticals
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB Ltd.
Siemens AG
Schneider Electric SE
Rockwell Automation Inc.
General Electric Company
Johnson Controls International PLC
Yokogawa Electric Corporation
Honeywell International Inc.
SAP SE
Oracle Corporation
IBM Corporation
Cisco Systems Inc.
Microsoft Corporation
Kollmorgen

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Factory Software Market Size (2020-2031)
2.1.2 Smart Factory Software Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Smart Factory Software by Country/Region (2020, 2024 & 2031)
2.2 Smart Factory Software Segment by Type
2.2.1 Human Machine Interface
2.2.2 Product Life Cycle Management
2.2.3 Distributed Control System
2.2.4 SCADA
2.2.5 ERP
2.2.6 Others
2.3 Smart Factory Software Market Size by Type
2.3.1 Smart Factory Software Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Smart Factory Software Market Size Market Share by Type (2020-2025)
2.4 Smart Factory Software Segment by Application
2.4.1 Smart Factories for Automotive
2.4.2 Smart Factories for Aerospace & Defence
2.4.3 Smart Factories for Electrical & Electronics
2.4.4 Smart Factories for Food & Beverages
2.4.5 Smart Factories for Energy & Utilities
2.4.6 Smart Factories for Healthcare & Pharmaceuticals
2.4.7 Others
2.5 Smart Factory Software Market Size by Application
2.5.1 Smart Factory Software Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Smart Factory Software Market Size Market Share by Application (2020-2025)
3 Smart Factory Software Market Size by Player
3.1 Smart Factory Software Market Size Market Share by Player
3.1.1 Global Smart Factory Software Revenue by Player (2020-2025)
3.1.2 Global Smart Factory Software Revenue Market Share by Player (2020-2025)
3.2 Global Smart Factory Software Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Factory Software by Region
4.1 Smart Factory Software Market Size by Region (2020-2025)
4.2 Global Smart Factory Software Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Factory Software Market Size Growth (2020-2025)
4.4 APAC Smart Factory Software Market Size Growth (2020-2025)
4.5 Europe Smart Factory Software Market Size Growth (2020-2025)
4.6 Middle East & Africa Smart Factory Software Market Size Growth (2020-2025)
5 Americas
5.1 Americas Smart Factory Software Market Size by Country (2020-2025)
5.2 Americas Smart Factory Software Market Size by Type (2020-2025)
5.3 Americas Smart Factory Software Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Factory Software Market Size by Region (2020-2025)
6.2 APAC Smart Factory Software Market Size by Type (2020-2025)
6.3 APAC Smart Factory Software Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Factory Software Market Size by Country (2020-2025)
7.2 Europe Smart Factory Software Market Size by Type (2020-2025)
7.3 Europe Smart Factory Software Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Factory Software by Region (2020-2025)
8.2 Middle East & Africa Smart Factory Software Market Size by Type (2020-2025)
8.3 Middle East & Africa Smart Factory Software Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Factory Software Market Forecast
10.1 Global Smart Factory Software Forecast by Region (2026-2031)
10.1.1 Global Smart Factory Software Forecast by Region (2026-2031)
10.1.2 Americas Smart Factory Software Forecast
10.1.3 APAC Smart Factory Software Forecast
10.1.4 Europe Smart Factory Software Forecast
10.1.5 Middle East & Africa Smart Factory Software Forecast
10.2 Americas Smart Factory Software Forecast by Country (2026-2031)
10.2.1 United States Market Smart Factory Software Forecast
10.2.2 Canada Market Smart Factory Software Forecast
10.2.3 Mexico Market Smart Factory Software Forecast
10.2.4 Brazil Market Smart Factory Software Forecast
10.3 APAC Smart Factory Software Forecast by Region (2026-2031)
10.3.1 China Smart Factory Software Market Forecast
10.3.2 Japan Market Smart Factory Software Forecast
10.3.3 Korea Market Smart Factory Software Forecast
10.3.4 Southeast Asia Market Smart Factory Software Forecast
10.3.5 India Market Smart Factory Software Forecast
10.3.6 Australia Market Smart Factory Software Forecast
10.4 Europe Smart Factory Software Forecast by Country (2026-2031)
10.4.1 Germany Market Smart Factory Software Forecast
10.4.2 France Market Smart Factory Software Forecast
10.4.3 UK Market Smart Factory Software Forecast
10.4.4 Italy Market Smart Factory Software Forecast
10.4.5 Russia Market Smart Factory Software Forecast
10.5 Middle East & Africa Smart Factory Software Forecast by Region (2026-2031)
10.5.1 Egypt Market Smart Factory Software Forecast
10.5.2 South Africa Market Smart Factory Software Forecast
10.5.3 Israel Market Smart Factory Software Forecast
10.5.4 Turkey Market Smart Factory Software Forecast
10.6 Global Smart Factory Software Forecast by Type (2026-2031)
10.7 Global Smart Factory Software Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Smart Factory Software Forecast
11 Key Players Analysis
11.1 ABB Ltd.
11.1.1 ABB Ltd. Company Information
11.1.2 ABB Ltd. Smart Factory Software Product Offered
11.1.3 ABB Ltd. Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 ABB Ltd. Main Business Overview
11.1.5 ABB Ltd. Latest Developments
11.2 Siemens AG
11.2.1 Siemens AG Company Information
11.2.2 Siemens AG Smart Factory Software Product Offered
11.2.3 Siemens AG Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Siemens AG Main Business Overview
11.2.5 Siemens AG Latest Developments
11.3 Schneider Electric SE
11.3.1 Schneider Electric SE Company Information
11.3.2 Schneider Electric SE Smart Factory Software Product Offered
11.3.3 Schneider Electric SE Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Schneider Electric SE Main Business Overview
11.3.5 Schneider Electric SE Latest Developments
11.4 Rockwell Automation Inc.
11.4.1 Rockwell Automation Inc. Company Information
11.4.2 Rockwell Automation Inc. Smart Factory Software Product Offered
11.4.3 Rockwell Automation Inc. Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Rockwell Automation Inc. Main Business Overview
11.4.5 Rockwell Automation Inc. Latest Developments
11.5 General Electric Company
11.5.1 General Electric Company Company Information
11.5.2 General Electric Company Smart Factory Software Product Offered
11.5.3 General Electric Company Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 General Electric Company Main Business Overview
11.5.5 General Electric Company Latest Developments
11.6 Johnson Controls International PLC
11.6.1 Johnson Controls International PLC Company Information
11.6.2 Johnson Controls International PLC Smart Factory Software Product Offered
11.6.3 Johnson Controls International PLC Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Johnson Controls International PLC Main Business Overview
11.6.5 Johnson Controls International PLC Latest Developments
11.7 Yokogawa Electric Corporation
11.7.1 Yokogawa Electric Corporation Company Information
11.7.2 Yokogawa Electric Corporation Smart Factory Software Product Offered
11.7.3 Yokogawa Electric Corporation Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Yokogawa Electric Corporation Main Business Overview
11.7.5 Yokogawa Electric Corporation Latest Developments
11.8 Honeywell International Inc.
11.8.1 Honeywell International Inc. Company Information
11.8.2 Honeywell International Inc. Smart Factory Software Product Offered
11.8.3 Honeywell International Inc. Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Honeywell International Inc. Main Business Overview
11.8.5 Honeywell International Inc. Latest Developments
11.9 SAP SE
11.9.1 SAP SE Company Information
11.9.2 SAP SE Smart Factory Software Product Offered
11.9.3 SAP SE Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 SAP SE Main Business Overview
11.9.5 SAP SE Latest Developments
11.10 Oracle Corporation
11.10.1 Oracle Corporation Company Information
11.10.2 Oracle Corporation Smart Factory Software Product Offered
11.10.3 Oracle Corporation Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Oracle Corporation Main Business Overview
11.10.5 Oracle Corporation Latest Developments
11.11 IBM Corporation
11.11.1 IBM Corporation Company Information
11.11.2 IBM Corporation Smart Factory Software Product Offered
11.11.3 IBM Corporation Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 IBM Corporation Main Business Overview
11.11.5 IBM Corporation Latest Developments
11.12 Cisco Systems Inc.
11.12.1 Cisco Systems Inc. Company Information
11.12.2 Cisco Systems Inc. Smart Factory Software Product Offered
11.12.3 Cisco Systems Inc. Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Cisco Systems Inc. Main Business Overview
11.12.5 Cisco Systems Inc. Latest Developments
11.13 Microsoft Corporation
11.13.1 Microsoft Corporation Company Information
11.13.2 Microsoft Corporation Smart Factory Software Product Offered
11.13.3 Microsoft Corporation Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Microsoft Corporation Main Business Overview
11.13.5 Microsoft Corporation Latest Developments
11.14 Kollmorgen
11.14.1 Kollmorgen Company Information
11.14.2 Kollmorgen Smart Factory Software Product Offered
11.14.3 Kollmorgen Smart Factory Software Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Kollmorgen Main Business Overview
11.14.5 Kollmorgen Latest Developments
12 Research Findings and Conclusion

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