Increasing Use of AI Analytics Driving Smart Manufacturing Industry...

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2026-05-13 10:45:15

Increasing Use of AI Analytics Driving Smart Manufacturing Industry Growth

The global smart manufacturing market size was estimated at USD 410.68 billion in 2025 and is projected to reach USD 1,063.15 billion by 2033, growing at a CAGR of 12.1% from 2026 to 2033. The market is experiencing significant expansion due to the widespread adoption of Industry 4.0 technologies, including the Internet of Things (IoT), artificial intelligence (AI), machine learning,...

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