The digitization level of products will rise substantially in the coming years. By 2020, 80% of the companies surveyed will have achieved a high degree of digitization of their products and services. The proportion of companies with a highly digitized product portfolio will increase by more than five times, from currently 7% to 40%. Each company needing to succeed internationally will have to face this challenge.
The digitization of products is a phenomenon common across all industry sectors. In sectors like the information and communications industry the percentage of digitized products is of course already high. In the processing industry, the proportion of companies with a high level of digitization is currently only between 22% to 27%, depending on the industry sector. However, the general trend is the same for all sectors: The share of digitized products must and will increase substantially in the coming years.