Smart Factory Market Set to Reach USD 136.1 Billion at a CAGR of 5.23% by 2030– Report by Market Res

July 19, 2023 ⚊ 1 Min read ⚊ Views 77 ⚊ TECHNOLOGY

Smart Factory refers to a highly automated and digitized manufacturing facility that utilizes advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and robotics to streamline operations and optimize productivity. Smart factories leverage real-time data analytics to monitor and control production processes, enabling manufacturers to make data-driven decisions and respond quickly to changing market demands. Smart factories are transforming the manufacturing industry by enabling manufacturers to improve efficiency, reduce costs, and enhance product quality.

Read details: https://www.globenewswire.com/news-release/2023/05/24/2675363/0/en/Smart-Factory-Market-Set-to-Reach-USD-136-1-Billion-at-a-CAGR-of-5-23-by-2030-Repor

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