Global IoT in Manufacturing Market to Surge Amid Industry 4.0 Push and Smart Factory Adoption


Posted July 23, 2025 by anushapranu

The IoT in Manufacturing Market was valued at USD 185.5 Billion in 2024 and is projected to reach a market size of USD 457.75 billion by the end of 2030. Over the forecast period of 2025-2030, the market is projected to grow at a CAGR of 19.8%.

 
The Global IoT in Manufacturing Market is poised for exponential growth, driven by the rapid integration of Industry 4.0 technologies, increased demand for smart factories, and the need for real-time data analytics across production environments. According to recent industry analysis, the market is expected to grow at a CAGR of over 13% from 2025 to 2030.

IoT (Internet of Things) in manufacturing enables seamless connectivity of machinery, sensors, and systems—driving operational efficiency, predictive maintenance, and informed decision-making. From automotive to electronics and heavy machinery, manufacturers are leveraging IoT to streamline supply chains, reduce downtime, and enhance overall productivity.

Key Market Drivers:

Rising adoption of smart manufacturing and digital twins

Increased focus on asset tracking and remote monitoring

Demand for energy-efficient and sustainable operations

Government initiatives supporting industrial automation

Regional Insights:
North America currently leads the market due to strong technology infrastructure and early adoption by key players, while Asia-Pacific is emerging as the fastest-growing region owing to manufacturing expansion in China, India, and Southeast Asia.

Leading Companies:
Prominent players shaping the IoT in manufacturing space include Siemens AG, Cisco Systems, IBM Corporation, PTC Inc., Microsoft Corporation, Rockwell Automation, and General Electric.

As manufacturing continues to evolve with data-driven automation, the IoT market is set to play a pivotal role in transforming legacy systems into connected, intelligent operations.

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Media Contact:
Anusha
Intellect Markets
[email protected]
+91 8688234923
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Categories Manufacturing
Tags industrialiot , smartmanufacturing , industry40 , iiot , connectedfactory
Last Updated July 23, 2025