Manufacturers accelerate factory digitalization as connected operations increase demand for industrial intelligence
The global Industrial IoT (IIoT) market, valued at USD 212.50 Billion in 2025 , is expected to reach USD 594.60 Billion by 2035 , registering a revenue CAGR of 10.8% during the forecast period. Manufacturers are increasing investment in connected industrial systems to improve productivity, reduce equipment downtime, and optimize energy consumption across production facilities. The adoption of...
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