Digital Mining - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Digital Mining Market is accounted for $8.40 billion in 2018 and is expected to reach $29.10 billion by 2027 growing at a CAGR of 14.8% during the forecast period. Some of the key factors influencing the market growth include growing adoption of autonomous equipment, rising emphasis on health and safety, increased demand for metals & minerals and growing environmental concerns. However, difficulties in maintaining business continuity are restricting market growth.
Digital mining is considered as the next wave of business transformation in the mining industry. Digital Mining services are designed to deal with market volatility, the ageing workforce and IT and OT cost reduction.
On the basis of form, underground mining is expected to register superior growth on account of fast depleting minerals on the surface due to development and adoption of advanced technology such as integrated automation, Internet of Things (IoT), and automated mining equipment for underground mining. As the resources available on the surface are fast depleting, extraction of metals and minerals has to be done underground thus helping this segment to grow rapidly during the forecast period.
By Geography, The Asia Pacific region is expected to have considerable market growth during the forecast period, due to the significant growth observed across developing countries such as China and India. The escalating number of mining activities is projected to encourage the growth of the Asia Pacific digital mining market in the upcoming years.
Some of the key players in global Digital Mining market are Hatch Ltd., SAP SE, Rockwell Automation Inc., ABB Ltd., IBM Corporation, Caterpillar Inc., Cisco Systems, Inc., Wipro Ltd., Siemens AG, Hexagon AB, Huawei Technologies Co., Komatsu Ltd., Sandvik AB., Atlas Joy Global Inc., Itelligence AG, and Wenco International Mining Systems Ltd.
Offerings Covered:
• Solutions
• Services
Products Covered:
• Software
• Equipment
Types Covered:
• Real-Time Analytics
• 3D Printing
• Remote Operations Centre
• Autonomous Operations and Robotics
• Connected Worker
• Asset Cybersecurity
• Smart Sensors (IoT)
• Advanced Analytics and Artificial Intelligence
• IT/OT Convergence
• Simulation Modelling
• Blockchain
Applications Covered:
• Metallurgy
• Mining
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Digital Mining Market, By Offering
5.1 Introduction
5.2 Solutions
5.3 Services
6 Global Digital Mining Market, By Product
6.1 Introduction
6.2 Software
6.3 Equipment
7 Global Digital Mining Market, By Type
7.1 Introduction
7.2 Real-Time Analytics
7.3 3D Printing
7.4 Remote Operations Centre
7.5 Autonomous Operations and Robotics
7.6 Connected Worker
7.7 Asset Cybersecurity
7.8 Smart Sensors (IoT)
7.9 Advanced Analytics and Artificial Intelligence
7.10 IT/OT Convergence
7.11 Simulation Modelling
7.12 Blockchain
8 Global Digital Mining Market, By Application
8.1 Introduction
8.2 Metallurgy
8.2.1 Non-Ferrous Metals
8.2.2 Precious Metals
8.2.3 Iron & Ferro Alloys
8.3 Mining
8.3.1 Surface Mining
8.3.2 Underground Mining
9 Global Digital Mining Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Hatch Ltd.
11.2 SAP SE
11.3 Rockwell Automation Inc.
11.4 ABB Ltd.
11.5 IBM Corporation
11.6 Caterpillar Inc.
11.7 Cisco Systems, Inc.
11.8 Wipro Ltd.
11.9 Siemens AG
11.10 Hexagon AB
11.11 Huawei Technologies Co.
11.12 Komatsu Ltd.
11.13 Sandvik AB.
11.14 Atlas Joy Global Inc.
11.15 Itelligence AG
11.16 Wenco International Mining systems Ltd
List of Tables
1 Global Digital Mining Market Outlook, By Region (2017-2027) ($MN)
2 Global Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
3 Global Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
4 Global Digital Mining Market Outlook, By Services (2017-2027) ($MN)
5 Global Digital Mining Market Outlook, By Product (2017-2027) ($MN)
6 Global Digital Mining Market Outlook, By Software (2017-2027) ($MN)
7 Global Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
8 Global Digital Mining Market Outlook, By Type (2017-2027) ($MN)
9 Global Digital Mining Market Outlook, By Real-Time Analytics (2017-2027) ($MN)
10 Global Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
11 Global Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
12 Global Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
13 Global Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
14 Global Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
15 Global Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
16 Global Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
17 Global Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
18 Global Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
19 Global Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
20 Global Digital Mining Market Outlook, By Application (2017-2027) ($MN)
21 Global Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
22 Global Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
23 Global Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
24 Global Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
25 Global Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
26 Global Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
27 Global Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
28 North America Digital Mining Market Outlook, By Country (2017-2027) ($MN)
29 North America Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
30 North America Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
31 North America Digital Mining Market Outlook, By Services (2017-2027) ($MN)
32 North America Digital Mining Market Outlook, By Product (2017-2027) ($MN)
33 North America Digital Mining Market Outlook, By Software (2017-2027) ($MN)
34 North America Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
35 North America Digital Mining Market Outlook, By Type (2017-2027) ($MN)
36 North America Digital Mining Market Outlook, By Real Time Analytics (2017-2027) ($MN)
37 North America Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
38 North America Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
39 North America Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
40 North America Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
41 North America Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
42 North America Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
43 North America Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
44 North America Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
45 North America Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
46 North America Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
47 North America Digital Mining Market Outlook, By Application (2017-2027) ($MN)
48 North America Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
49 North America Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
50 North America Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
51 North America Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
52 North America Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
53 North America Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
54 North America Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
55 Europe Digital Mining Market Outlook, By Country (2017-2027) ($MN)
56 Europe Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
57 Europe Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
58 Europe Digital Mining Market Outlook, By Services (2017-2027) ($MN)
59 Europe Digital Mining Market Outlook, By Product (2017-2027) ($MN)
60 Europe Digital Mining Market Outlook, By Software (2017-2027) ($MN)
61 Europe Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
62 Europe Digital Mining Market Outlook, By Type (2017-2027) ($MN)
63 Europe Digital Mining Market Outlook, By Real Time Analytics (2017-2027) ($MN)
64 Europe Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
65 Europe Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
66 Europe Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
67 Europe Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
68 Europe Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
69 Europe Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
70 Europe Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
71 Europe Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
72 Europe Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
73 Europe Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
74 Europe Digital Mining Market Outlook, By Application (2017-2027) ($MN)
75 Europe Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
76 Europe Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
77 Europe Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
78 Europe Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
79 Europe Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
80 Europe Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
81 Europe Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
82 Asia Pacific Digital Mining Market Outlook, By Country (2017-2027) ($MN)
83 Asia Pacific Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
84 Asia Pacific Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
85 Asia Pacific Digital Mining Market Outlook, By Services (2017-2027) ($MN)
86 Asia Pacific Digital Mining Market Outlook, By Product (2017-2027) ($MN)
87 Asia Pacific Digital Mining Market Outlook, By Software (2017-2027) ($MN)
88 Asia Pacific Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
89 Asia Pacific Digital Mining Market Outlook, By Type (2017-2027) ($MN)
90 Asia Pacific Digital Mining Market Outlook, By Real Time Analytics (2017-2027) ($MN)
91 Asia Pacific Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
92 Asia Pacific Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
93 Asia Pacific Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
94 Asia Pacific Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
95 Asia Pacific Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
96 Asia Pacific Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
97 Asia Pacific Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
98 Asia Pacific Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
99 Asia Pacific Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
100 Asia Pacific Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
101 Asia Pacific Digital Mining Market Outlook, By Application (2017-2027) ($MN)
102 Asia Pacific Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
103 Asia Pacific Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
104 Asia Pacific Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
105 Asia Pacific Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
106 Asia Pacific Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
107 Asia Pacific Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
108 Asia Pacific Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
109 South America Digital Mining Market Outlook, By Country (2017-2027) ($MN)
110 South America Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
111 South America Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
112 South America Digital Mining Market Outlook, By Services (2017-2027) ($MN)
113 South America Digital Mining Market Outlook, By Product (2017-2027) ($MN)
114 South America Digital Mining Market Outlook, By Software (2017-2027) ($MN)
115 South America Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
116 South America Digital Mining Market Outlook, By Type (2017-2027) ($MN)
117 South America Digital Mining Market Outlook, By Real Time Analytics (2017-2027) ($MN)
118 South America Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
119 South America Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
120 South America Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
121 South America Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
122 South America Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
123 South America Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
124 South America Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
125 South America Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
126 South America Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
127 South America Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
128 South America Digital Mining Market Outlook, By Application (2017-2027) ($MN)
129 South America Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
130 South America Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
131 South America Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
132 South America Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
133 South America Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
134 South America Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
135 South America Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
136 Middle East & Africa Digital Mining Market Outlook, By Country (2017-2027) ($MN)
137 Middle East & Africa Digital Mining Market Outlook, By Offering (2017-2027) ($MN)
138 Middle East & Africa Digital Mining Market Outlook, By Solutions (2017-2027) ($MN)
139 Middle East & Africa Digital Mining Market Outlook, By Services (2017-2027) ($MN)
140 Middle East & Africa Digital Mining Market Outlook, By Product (2017-2027) ($MN)
141 Middle East & Africa Digital Mining Market Outlook, By Software (2017-2027) ($MN)
142 Middle East & Africa Digital Mining Market Outlook, By Equipment (2017-2027) ($MN)
143 Middle East & Africa Digital Mining Market Outlook, By Type (2017-2027) ($MN)
144 Middle East & Africa Digital Mining Market Outlook, By Real Time Analytics (2017-2027) ($MN)
145 Middle East & Africa Digital Mining Market Outlook, By 3D Printing (2017-2027) ($MN)
146 Middle East & Africa Digital Mining Market Outlook, By Remote Operations Centre (2017-2027) ($MN)
147 Middle East & Africa Digital Mining Market Outlook, By Autonomous Operations and Robotics (2017-2027) ($MN)
148 Middle East & Africa Digital Mining Market Outlook, By Connected Worker (2017-2027) ($MN)
149 Middle East & Africa Digital Mining Market Outlook, By Asset Cybersecurity (2017-2027) ($MN)
150 Middle East & Africa Digital Mining Market Outlook, By Smart Sensors (IoT) (2017-2027) ($MN)
151 Middle East & Africa Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2017-2027) ($MN)
152 Middle East & Africa Digital Mining Market Outlook, By IT/OT Convergence (2017-2027) ($MN)
153 Middle East & Africa Digital Mining Market Outlook, By Simulation Modelling (2017-2027) ($MN)
154 Middle East & Africa Digital Mining Market Outlook, By Blockchain (2017-2027) ($MN)
155 Middle East & Africa Digital Mining Market Outlook, By Application (2017-2027) ($MN)
156 Middle East & Africa Digital Mining Market Outlook, By Metallurgy (2017-2027) ($MN)
157 Middle East & Africa Digital Mining Market Outlook, By Non-Ferrous Metals (2017-2027) ($MN)
158 Middle East & Africa Digital Mining Market Outlook, By Precious Metals (2017-2027) ($MN)
159 Middle East & Africa Digital Mining Market Outlook, By Iron & Ferro Alloys (2017-2027) ($MN)
160 Middle East & Africa Digital Mining Market Outlook, By Mining (2017-2027) ($MN)
161 Middle East & Africa Digital Mining Market Outlook, By Surface Mining (2017-2027) ($MN)
162 Middle East & Africa Digital Mining Market Outlook, By Underground Mining (2017-2027) ($MN)
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