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Industry 5.0 Market is expected to generate a revenue of USD 76.7 Billion by 2032, Globally, at 3.5% CAGR: Verified Market Research®

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Verified Market Research®, a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the Industry 5.0 Market. The Industry 5.0 Market is revolutionizing manufacturing by blending human intelligence with advanced AI and automation. Market growth is driven by the demand for hyper-personalization, sustainability initiatives, and human-robot collaboration. However, challenges such as cybersecurity threats, high implementation costs, and the complexity of integrating AI with human skills may slow adoption.

LEWES, Del., April 2, 2025 /PRNewswire/ — The Global Industry 5.0 Market Size is projected to grow at a CAGR of 3.5% from 2025 to 2032, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 64.79 Billion in 2024 and is expected to reach USD 76.7 Billion by the end of the forecast period.

Key Highlights of the Market Report:

Market size, growth forecast, and CAGR analysis for the Industry 5.0 sector.Detailed insights into key technological enablers, including AI, IoT, robotics, and cloud computing.Competitive landscape analysis featuring major industry players and emerging disruptors.In-depth study on market segmentation by industry verticals such as automotive, healthcare, electronics, and manufacturing.Regional trends, covering North America, Europe, Asia-Pacific, and other major markets.

Why This Report Matters?

Strategic Insights: Gain actionable intelligence on Industry 5.0 trends, technological advancements, and market dynamics.Investment Opportunities: Identify high-growth segments and investment prospects within the evolving industrial landscape.Regulatory & Compliance Analysis: Understand the impact of government policies, cybersecurity measures, and industry standards on market adoption.

Who Should Read This Report?

Market Research Professionals: Stay ahead of emerging trends and competitive developments in Industry 5.0.B2B Clients & Industrialists: Gain strategic insights to optimize manufacturing processes and enhance productivity.Technology Providers & Startups: Identify opportunities to innovate and collaborate within the smart manufacturing ecosystem.Policy Makers & Investors: Assess market potential and regulatory implications to make informed decisions.

For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=482902

Browse in-depth TOC on “Global Industry 5.0 Market Size

202 – Pages
126 – Tables
37 – Figures

Report Scope

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2032

GROWTH RATE

CAGR of ~3.5% from 2025 to 2032

BASE YEAR FOR VALUATION

2024

HISTORICAL PERIOD

2021-2023

FORECAST PERIOD

2025-2032

QUANTITATIVE UNITS

Value in USD Billion

REPORT COVERAGE

Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis

SEGMENTS COVERED

TechnologyEnd User Industry

 

REGIONS COVERED

EuropeAsia-PacificMiddle East & AfricaNorth America

 

KEY PLAYERS

Siemens AG, ABB Ltd., FANUC Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Honeywell International Inc., Bosch Rexroth AG, KUKA AG, General Electric (GE), Schneider Electric

CUSTOMIZATION

Report customization along with purchase available upon request

Global Industry 5.0 Market Overview

Key Market Drivers

Integration of AI and Human Intelligence in Manufacturing: Industry 5.0 is propelled by the harmonious integration of human intelligence and artificial intelligence (AI), facilitating hyper-personalization and mass customization. Manufacturers are utilizing AI-driven automation with human oversight to improve accuracy, efficiency, and innovation. This transition is resulting in intelligent production lines that enhance productivity, minimize waste, and facilitate superior decision-making. The collaboration between AI and human abilities is cultivating a period of intelligent automation that enhances both efficiency and adaptability in manufacturing processes.

Growing Demand for Sustainable and Smart Manufacturing: Sustainability is a crucial element propelling the implementation of Industry 5.0. As rules on carbon emissions and waste reduction intensify, firms are prioritizing energy-efficient manufacturing processes. Smart factories employing IoT, AI, and digital twins facilitate real-time oversight of resource utilization, minimizing energy loss and promoting sustainable manufacturing. Organizations implementing Industry 5.0 technology can improve operational efficiency and align with global sustainability objectives, thereby gaining a competitive advantage in the changing industrial environment.

Rise of Collaborative Robotics (Cobots) in Production: The integration of collaborative robots (cobots) is transforming the industrial workforce by enhancing safety, productivity, and efficiency. In contrast to conventional automation, cobots collaborate with human workers, enhancing monotonous tasks while enabling people to concentrate on more valuable activities. Their capacity to improve accuracy and decrease operational expenses is propelling investments across multiple sectors. The growing price and accessibility of cobots are driving the swift advancement of Industry 5.0 as firms pursue agile and flexible production processes.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=482902

Market Restraints Hindering the Market Growth

High Implementation Costs and ROI Uncertainty: Despite the transformative advantages of Industry 5.0, the substantial initial investment required for AI, robots, and smart manufacturing infrastructure constitutes a considerable obstacle. Small and medium enterprises (SMEs) find it challenging to validate the expense without assured immediate returns. The intricacy of merging current manufacturing systems with advanced automation technologies heightens operational risks, causing some organizations to be reluctant to engage in Industry 5.0 solutions without definitive ROI forecasts.

Cybersecurity Challenges in Human-Centric Automation: As manufacturing increasingly integrates AI, IoT, and cloud computing, the potential of cyber assaults intensifies. Industry 5.0 depends on instantaneous data interchange and human-machine collaboration, rendering factories susceptible to hacking, data breaches, and operational disruptions. Organizations must allocate substantial resources to cybersecurity initiatives to safeguard essential infrastructure; however, the dynamic nature of cyber threats is a continual challenge. Security apprehensions persistently hinder adoption, especially in sectors managing sensitive intellectual property.

Complexity of Workforce Transformation and Skill Gaps: The shift to Industry 5.0 necessitates a proficient workforce adept at collaborating with AI-driven technologies. Nevertheless, the current talent pool frequently lacks the requisite technical proficiency to run and maintain sophisticated automation equipment. Addressing the skill gap necessitates ongoing training and workforce enhancement, which may be expensive and time-consuming. Resistance to change from established manufacturing specialists exacerbates the challenges of adoption, hindering comprehensive implementation across industries.

Geographical Dominance:

Europe dominates the Industry 5.0 market, propelled by robust governmental initiatives, sustainable manufacturing policies, and significant adoption of AI-driven automation. Countries such as Germany, France, and the UK are leading the way by utilizing Industry 4.0 innovations to improve human-robot collaboration. The EU’s emphasis on intelligent manufacturing and sustainable production drives market expansion, establishing Europe as a pivotal center for next-generation industrial transformation.

Key Players

The “Global Industry 5.0 Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Siemens AG, ABB Ltd., FANUC Corporation, Mitsubishi Electric Corporation, Rockwell Automation, Honeywell International Inc., Bosch Rexroth AG, KUKA AG, General Electric (GE), Schneider Electric.

Industry 5.0 Market Segment Analysis

Based on the research, Verified Market Research has segmented the market into Technology, End User Industry, and Geography.

Industry 5.0 Market, by Technology:
AI in ManufacturingAugmented & Virtual RealityDigital TwinIndustrial 3D PrintingIndustrial SensorsRoboticsIndustry 5.0 Market, by End User Industry:AutomotiveElectrical & Electronics EquipmentHealthcareManufacturingSupply Chain ManagementIndustry 5.0 Market, by GeographyNorth AmericaU.S.CanadaMexicoEuropeGermanyFranceU.K.Rest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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10 Best IoT Solutions And Services Companies revolutionizing technology of tomorrow

Visualize Industry 5.0 Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

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Technology

Hexagon Interim Report 1 January – 31 March 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

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SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

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