Newsroom > ICT Adoption in Manufacturing Sector Set to Accelerate, Projected to Grow at 12.5% CAGR by 2030
23.04.2025
Press Release
Sustainable 12.5% CAGR Reflects Industry-Wide Push Toward Smart Factories, Automation, and Data-Driven Operations
Middleton, Massachusetts | April 23, 2025 - QKS Group, a premier market intelligence and advisory firm, has released its latest vertical-specific research highlighting the accelerating adoption of Information and Communication Technology (ICT) in the Manufacturing industry, projecting a compound annual growth rate (CAGR) of 12.5% through 2030. This research offers deep strategic insights for technology vendors enabling intelligent manufacturing, supply chain agility, and factory automation at scale.
The Next Growth Frontier for ICT Vendors in Manufacturing
As manufacturers shift toward smart factory models, ICT is becoming essential to enhancing productivity, traceability, and responsiveness across global production networks. Key ICT domains - including Application Development & Deployment, Analytics and Artificial Intelligence, Data Management, Integration & Interoperability, Information Security, BPM & Process Automation, CX & MarTech, and Communication & Collaboration - are enabling real-time visibility, predictive maintenance, quality optimization, and seamless integration across the shop floor and enterprise IT systems. The convergence of OT and IT is accelerating digital innovation and operational excellence across discrete and process manufacturing sectors.
According to Narayan Gokhale, Vice-President and Principal Analyst at QKS Group, “Manufacturing enterprises are moving toward intelligent, connected, and autonomous operations. ICT vendors that deliver scalable digital platforms, integrate data across assets, and enable real-time decision-making are central to unlocking the next wave of productivity and innovation in industrial environments.”
Key Market Insights from QKS Group’s Report
Market Leaders & Competitive Landscape
The report includes top ICT vendors transforming the Manufacturing industry, including Siemens, Rockwell Automation, SAP, Oracle, Microsoft, IBM, ABB, GE Digital, Schneider Electric, PTC, Dassault Systèmes, Honeywell, Mitsubishi Electric, Hitachi Vantara, Bosch, Cisco, Amazon Web Services (AWS), TCS, Infosys, and Hexagon.
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Why This Matters for Manufacturing Sector Vendors?
As the manufacturing sector embraces Industry 4.0, ICT adoption is critical for achieving operational excellence, workforce productivity, and supply chain visibility. Vendors must provide integrated, secure, and scalable platforms that empower manufacturers to digitize processes, monitor assets, and drive data-centric production strategies. Competitive edge will come from innovation in automation, real-time intelligence, and industrial interoperability.
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About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.
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Shraddha Roy
PR & Media Relations
QKS Group
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