Technological Advancements Driving the Smart Manufacturing Market Globally
The global smart manufacturing market was valued at USD 283.61 billion in 2024 and is expected to grow at a CAGR of 13.5% during the forecast period. This projected expansion underscores the accelerating deployment of Industry 4.0 technologies—such as industrial IoT, digital twin simulations, robotics, artificial intelligence and advanced analytics—across manufacturing operations...
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