According to our latest research, the global smart manufacturing market size reached USD 342.2 billion in 2024 and is projected to grow at a robust CAGR of 13.1% from 2025 to 2033, reaching an estimated USD 984.7 billion by 2033. This significant expansion is driven by the rapid adoption of advanced technologies such as Industrial IoT, artificial intelligence, robotics, and cloud computing, which are revolutionizing manufacturing processes across diverse industries.
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