Tag: Industry 4.0 Market size

Industry 4.0 Market: The Path to Intelligent Production

Industry 4.0 Market: The Path to Intelligent Production

Introduction Industry 4.0 represents the fourth industrial revolution, marked by the integration of digital technologies into manufacturing processes. This shift is driven by advancements in artificial intelligence (AI), the Internet of Things (IoT), big data, and automation. Growth factors include increased demand for efficiency, customization, and improved production quality. However, challenges such as high initial…