Manufacturing is undergoing a revolution thanks to the Industrial Internet of Things (IIoT), which is bringing about a number of important developments and enhancements. These are ten significant ways that IIoT is changing contemporary manufacturing:
According to BCC Research, The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.