Brind.
  1. Global industrial demand is expected to increase, driven by improving manufacturing activity and diversified industrial metal baskets.

Forrester Forecasts 41% Rise in Global Manufacturing Tech Spending by 2030

1 report, 1 independent Updated Oct 16
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Forrester forecasts that global manufacturing technology spending will rise 41% between 2024 and 2030, increasing from $485.7 billion to $683.6 billion. Within this total, commercial software spending is projected to increase 73%, while industrial AI software spending is expected to more than triple.

From itbrief.co.nz

Why it matters

Some supportBrind's analysis of the reports

The increased spending is attributed to labor pressures, workforce shortages, and geopolitical strains reshaping production models. Asia Pacific is leading this shift, accounting for 74% of new industrial robot deployments in 2024.

Global industrial demand is expected to increase, driven by improving manufacturing activity and diversified industrial metal baskets.

From itbrief.co.nz

Who's involved

  • ForresterPublished a forecast on global manufacturing technology spending.
  • ChinaHolds more than half of the global installed robotics base.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • AMDSpeculative

    Could see increased demand for AI hardware due to the growth in industrial AI and automation.

  • NvidiaSpeculative

    Could see increased demand for AI hardware due to the growth in industrial AI and automation.

  • GoogleSpeculative

    May see increased demand for cloud/AI services driven by industrial AI and automation growth.

  • NasdaqSpeculative

    Might experience positive market sentiment for listed companies due to increased technology investment.

Keep exploring

Part of

Global industrial demand is expected to increase, driven by improving manufacturing activity and diversified industrial metal baskets. All 2 developments

The entities involved

Coverage

Newest first; wire copies grouped