The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research.
The increasing need for operational efficiency, connected logistics, better connectivity, and scalability is most likely to increase the adoption of Industrial IoT in the manufacturing industry.
Key participants include IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, and Cisco, among others.
The latest market intelligence study on the Smart Manufacturing market performs an extensive analysis of the competitive landscape and growing investment pocket of the Smart Manufacturing market for the forecast period, 2020 - 2028. The tailor-made study probes into the current and future trends of that are likely to shape the development of the Smart Manufacturing industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.