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The global industry 4.0 market size is expected to reach USD 917.17 billion by 2032, according to a new study by Polaris Market Research.
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Industry 4.0 Market Expected to Reach USD 917.17 Billion By 2032 | CAGR: 19.7% Industry 4.0 Market Share, Size, Trends, Industry Analysis Report, By Technology (Industrial Robots, Blockchain, Industrial Sensors, Industrial 3D Printing, Machine Vision, HMI, AI Manufacturing, Digital Twin, AGVs, Machine Condition Manufacturing); By Region; Segment Forecast, 2024 - 2032
Industry 4.0 Market Estimate & Forecast • Global Industry 4.0 Market size and share is currently valued at USD 181.53 billion in 2023 and is anticipated to generate an estimated revenue of USD 917.17 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 19.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024–2032 • The latest research report titled Industry 4.0 Market 2024: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2032 has been recently added to the extensive database of Polaris Market Research. It has been carefully prepared by expert analysts and researchers to provide a comprehensive and thorough analysis of the industry. The study includes all the major aspects of the market, including Industry 4.0 Market size, share, trends, industry developments, and strategies. Also, a thorough examination of historical market trends and analysis of the future growth rate has been provided in the research report. • As Industry 4.0 takes hold in the manufacturing sector, numerous industrial plants are adopting digital technology to improve, automate, and modernize the entire process, hence raising the plants' performance metrics. Companies now need to quickly adapt their products and services to the digital world due to the steadily growing number of linked devices, the enormous expansion in the volume of data from field devices, and the shifting technology landscape.
Industry 4.0 Market Competitive Landscape • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the market are: • General Electric, Siemens, Honeywell International, ABB, Emerson Electric, 3D Systems, Advantech, Basler, Cisco Systems, Cognex Corporation, Daifuku, IBM, Intel, John Bean Technologies Corporation, Nvidia. • Browse Complete Report
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