Smart manufacturing spending to reach $950 bn: ABI Research

Spending on smart manufacturing will grow from $345 billion in 2021 to more than $950 billion in 2030, according to ABI Research.
Alibaba smart manufacturing
“As manufacturers advance their digital transformation initiatives, they drive up spending on smart manufacturing with investments in factories that adopt Industry 4.0 solutions like AMRs, asset tracking, simulation, and digital twins,” said ABI Research Director Ryan Martin.

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