Industry 4.0: Embracing IoT for Manufacturing Advancements

The Global IoT in Manufacturing Market reached an estimated value of US$ 52.24 billion in 2022 and is poised for remarkable growth, with projections suggesting a healthy CAGR of 11.4% during 2023-2029, culminating in a market value of US$ 111.21 billion by 2029. This exponential growth underscores the increasing adoption and significance of IoT solutions within the manufacturing landscape.