According to Cognitive Market Research, the global Cloud Manufacturing market size will be USD 80542.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 32216.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 24162.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 18524.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 128.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 51.22million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The ASP held the highest Cloud Manufacturing market revenue share in 2024.
