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Manufacturers have a digital transformation roadmap in place, focusing on integrating technologies like AI, IoT, and cloud computing.
(Source: Deloitte 2024 Global Manufacturing Outlook)
Industrial IoT (IIoT) in manufacturing is expected to grow to $233 billion by 2028, driven by smart factory initiatives and connected machines.
(Source: MarketsandMarkets)
Manufacturers plan to increase investments in cybersecurity and data protection due to rising digital adoption and cloud migration.
(Source: PwC Digital Trust Insights Report)
Companies that implemented predictive analytics and AI in manufacturing saw upto 20% improvement in operational efficiency.
(Source: McKinsey Industry 4.0 Study)