Smart Factory Market Size to Hit US$ 285.65 Billion by 2032, Due to Industry 4.0 Advancements …
The integration of IoT, AI, and machine learning into factory operations enhances efficiency, reduces downtime, and improves decision-making, fueling market expansion. “As per the SNS Insider Research, The Smart Factory Market size was valued at USD 116.50 Billion in 2023. It is expected to grow to USD 285.65 Billion by 2032, representing a CAGR of 10.50% over the forecast period of 2024-2032.”