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The global smart manufacturing market was valued at USD 194.63 billion in 2020 and is expected to reach USD 314.39 billion by 2026 and grow at a CAGR of 8.4% over the forecast period (2021-2026)


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New York, March 17, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Smart Manufacturing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) - https://www.reportlinker.com/p06036739/?utm source=GNW
Anticipating the increased adoption of IoT and digital transformation across industries, the European Commission estimated that IoT s value in Europe itself is expected to exceed EUR 1 trillion in 2020.
- Smart manufacturing initiatives are also on the rise. Smart Manufacturing Leadership Coalition (SMLC), a combination of US?based industrial organizations, technology suppliers, laboratories, and universities, is currently working on next-generation Smart Manufacturing Platform and Smart Factory connectivity. ....

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