Tag: Global Industry 4.0 Market Report

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Industry 4.0 market evolves with automation, AI, IoT innovations driving transformation

Industry 4.0 market evolves with automation, AI, IoT innovations driving transformation

The Industry 4.0 market has witnessed remarkable growth, reaching a value of around USD 84.15 billion in 2023. With a projected Compound Annual Growth Rate (CAGR) of 12.5% between 2024 and 2032, the market is anticipated to surge to a value of USD 242.90 billion by 2032. This growth is driven by the increasing adoption…