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In 2023, a total of 41.76 billion IoT or Internet of Things-connected devices are anticipated to be deployed, per ReportLinker. As per Guidehouse Insights’ estimations, The global market for IoT in manufacturing is set to grow to $23.1 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.0%. Industry 4.0 is here, set to boost competitiveness across companies.   A McKinsey research reveals IoT is poised to deliver $1.3 trillion in economic value to the manufacturing sector. Among these also is stand... more

The modern factory is transforming with new technology. The present and upcoming businesses, particularly manufacturing enterprises, are being modernized through digital transformation. While the advent of smartphones and remote work, AR has significantly expedited the manufacturing world’s digitalization.To stay at the forefront of Industry 4.0, industrial enterprises will prefer remote help via AR in the next years. But, before we go ahead, consider where industrial firms are now and the existing issues. Top manufacturing busi... more