ISG Provider Lens™ Focal Points - Manufacturing Services and Solutions - Europe 2024

How to Get the Most Value From Manufacturing Industry Services — Europe

In 2024, Europe leads the adoption of Industry 4.0, driven by a surge in automation and digital transformation within manufacturing. The industry is projected to grow at 14.2 percent annually in the next seven years, primarily fueled by investments in advanced robotics and AI, particularly in Germany, France and Italy. The EU’s Green Deal promotes eco-friendly practices and smart manufacturing aligned with sustainability goals. Harish B, Principal Analyst and author of the ISG Provider Lens Manufacturing Industry Services and Solutions – Europe report, says, “Increasing geopolitical tensions are encouraging companies to relocate manufacturing closer to end markets, resulting in almost a threefold increase in advanced manufacturing plants from 2009 to 2024.”