Top 10 Benefits of IoT for Manufacturers
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IoT in Manufacturing is on the rise in record numbers. The global IoT market will grow from $321B in 2022 to $1.69T by 2030, attaining a Compound Annual Growth Rate (CAGR) of 23.1%. IoT in manufacturing has become the prelude to which many believe will be the 4th industrial revolution or as it is commonly been referred to, Industry 4.0.