The Global Industry 4.0 Market was valued at USD 81.7 Bn in 2020 and is expected to reach USD 298.1 Bn by 2027, with a growing CAGR of 20.3% during the forecast period.
The Global Industry 4.0 Market was valued at USD 81.7 Bn in 2020 and is expected to reach USD 298.1 Bn by 2027, with a growing CAGR of 20.3% during the forecast period.
The concept of the fourth industrial revolution, or Industry 4.0, has been around for more than a decade, with many big names such as Amazon, Siemens and Boeing early adopters of smart factory technology to make their production processes more efficient.
A system integrator explains six industrial data requirements for factories of the future using an apple-pie baking example.
IoT has become an essential component of digital transformation efforts across numerous industries with smart manufacturing remaining a top investment area even if IoT investments have been highest in the consumer segment for some years.
THE National Industrial Revolution 4.0 (IR 4.0) policy is expected to improve the country’s productivity by 30% across all sectors by the end of 2030
Unpanned downtime in manufacturing is one of the primary scenarios that most facilities strive to avoid.