Market Research Logo

IDC FutureScape: Worldwide Manufacturing 2019 Predictions

IDC FutureScape: Worldwide Manufacturing 2019 Predictions

This IDC study provides manufacturers with our top 10 predictions for 2019.According to Reid Paquin, research director, IT Priorities and Strategies, IDC Manufacturing Insights, "The manufacturing industry continues to evolve. Digital transformation is a discussion that has touched every part of the value chain. No matter if you work in design, the supply chain, operations, or service, the adoption of digital capabilities to create business value has become critical to success. Our predictions create a framework for IT and line-of-business executives to plan and execute technology-related initiatives in the years ahead."

Please Note: Extended description available upon request.


IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
Summary of External Drivers
Predictions: Impact on Technology Buyers
Prediction 1: Pushed by the Success of Early Adopters, Over 40% of Manufacturers Will Have Enterprisewide Digital Transformation Initiatives in Place by 2021
Associated Drivers
IT Impact
Guidance
Prediction 2: By 2022, 35% of Manufacturing Organizations Will Have Created New Ecosystems by Implementing AI- and Blockchain-Centric Platforms, Thus Automating 50% of Processes
Associated Drivers
IT Impact
Guidance
Prediction 3: By 2022, Driven by Rising Customer Expectations and Competition from the Platform Economy, 25% of Manufacturers Will Be Engaged in Cross-Industry Collaboration, Resulting in a 10% Revenue Increase
Associated Drivers
IT Impact
Guidance
Prediction 4: By 2020, to Increase Speed, Agility, Efficiency, and Innovation, 80% of Manufacturers Will Need to Extensively Restructure, Placing Data at the Center of Their Processes
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2021, 60% of Manufacturers Will Have Empowered Shop Floor Workers with AR/VR, Intelligent Apps, and Cobots, Thus Achieving Productivity Gains of up to 7% and More Attractive Work Environments
Associated Drivers
IT Impact
Guidance
Prediction 6: By 2024, Over 60% of G2000 Manufacturing Organizations Will Rely on Artificial Intelligence Platforms to Drive Digital Transformation Across the Supply Chain, Leading to Productivity Gains of Over 20%
Associated Drivers
IT Impact
Guidance
Prediction 7: By 2022, Digital Technologies Will Have Enabled the Automation of Repetitive Operational Tasks, Leading to 50% Less Planner Intervention and "Touchless" Sales and Operations Planning
Associated Drivers
IT Impact
Guidance
Prediction 8: By 2024, 50% of Manufacturers Will Network Related Product and Asset Digital Twins into Digital Twin Ecosystems, for a Systems-Level View of Their Business and 5% Reduction in Cost of Quality
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2021, 90% of Manufacturers Will Leverage Real-Time Equipment and Asset Performance Data to Self-Diagnose Issues in Advance and Trigger a Service Intervention to Avoid Unplanned Downtime
Associated Drivers
IT Impact
Guidance
Prediction 10: By 2023, 50% of the Spend on DX Initiatives in Manufacturing Will Come from Dedicated Digital Transformation Budgets, Instead of Traditional IT or LOB Budgets
Associated Drivers
IT Impact
Guidance
Advice for Technology Buyers
External Drivers: Detail
Rising Customer Expectations: More Convenience, Customization, and Control
Sense, Compute, Actuate: Turning Data into Value
Platforms, Platforms, Platforms: Industry Competes for Innovation at Scale
The Race to Innovate: Speed of Change, Delivery, and Operations Separates Thrivers and Survivors
Next Chapter of DX: Technology-Driven Transformation Altering Business and Society
Legacy Inertia: Retrofit the Old into the DX World
Emerging Autonomy: Learning to Live with AI
Learn More
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report