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Technological advancements set to hold the reins!

EM - Efficient Manufacturing

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Efficient Manufacturing - April 2024 Issue

In 2023, the global industry 4.0 market was worth a huge US$ 139.8 billion. And experts predict it will reach US$ 547.1 billion by 2032, growing at a rate of 16 percent every year from 2024 to 2032.

- Neha Basudkar Ghate

Technological advancements set to hold the reins!

Why? Because more and more things are going digital, like the Internet of Things (IoT), Artificial Intelligence (AI), and robots. Plus, companies are spending a lot on research and development.

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