Top Technologies Shaping the Future of the Smart Manufacturing Market

The Smart Manufacturing Market is valued at USD 108.9 billion in 2023 and is projected to reach USD 241.0 billion by 2028, at a CAGR of 17.2% according to a new report by MarketsandMarkets™. The factor propelling the smart manufacturing market's growth is the integration of advanced technologies like IoT, AI, and automation. These synergize to optimize production efficiency, enable predictive maintenance, and elevate decision-making, fostering adaptability and competitiveness in rapidly evolving industries.