Press Release

Industry 4.0 Market Size and Share 2020 Global Industry Analysis By Trends, Key Findings, Future Demands, Growth Factors, Emerging Technologies, Leading Players Updates and Forecast Till 2026

Key Companies Covered in Industry 4.0 Market Research Report are ABB Ltd., Cisco Systems, Inc., FANUC, General Electric Company, Hewlett Packard Enterprise Company, IBM Corporation, Intel Corporation, KUKA, & more

The global  Industry 4.0  Market size is predicted to reach USD 260.71 billion by 2026, exhibiting a CAGR of 16.3% during the forecast period. The rising digitization and emphasis on smart robots and machines can have a positive impact on the industry 4.0 market growth during the forecast period. Moreover, the growing connectivity of machines and systems, along with the exchange of real-time information, can consequently enhance the potential of the industry 4.0 market forecast. The penetration of the internet is likely to create lucrative business opportunities for the market in the forthcoming years. In addition, the introduction of Big Data and innovative methods to handle enormous amounts of data will significantly accelerate the industry 4.0 market trends. For instance, Big Data has impacted the logistics industry by enhancing existing concepts such as fully-automated order fulfilment and delivering products directly to customers.

According to the report, published by Fortune Business Insights in a report, titled “Industry 4.0 Market Size, Share and Global Trend By Application (Industrial Automation, Smart factory, Industrial IoT), By Vertical (Manufacturing, Energy & Utilities, Automotive, Transportation, Chemical, Pharmaceuticals, Consumer Electronics, Metals, Others) and Geography Forecast till 2026” the market size stood at USD 78.19 billion in 2018.The report is aimed at delivering a comprehensive description of the industry 4.0 market dynamics and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence. It offers PORTER’s analysis and SWOT analysis to record the question of shareholders and highlights the investment potential in the upcoming future. It also showcases what procedures and strategies; companies are currently implementing in the market. It further examines the ways and components convincing market expansion, growth patterns, restricting factors, and market strategies.

To gain more insights into the market with detailed table of content and figures, click here: https://www.fortunebusinessinsights.com/industry-4-0-market-102375

Lists of the Major Companies Leading in the Industry 4.0 Market are:

  • ABB Ltd.
  • FANUC
  • General Electric Company
  • Hewlett Packard Enterprise Company
  • IBM Corporation
  • Intel Corporation
  • KUKA
  • Microsoft Corporation
  • Mitsubishi Electric Corp.
  • Siemens AG
  • Stratasys LTD.
  • Yaskawa Electric Corporation

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Regional Insight:

Transformation in Automation Techniques to Boost Market in Europe

The market in Europe generated a revenue of USD 27.84 million in 2018 and is predicted to remain at the forefront during the forecast period owing to the deployment of connected machines and devices. The transformation in automation techniques will also bolster healthy growth of the market in Europe. Moreover, the increasing network connectivity and real-time data processing will aid the market in the region. Asia Pacific is likely to grow rapidly in the forthcoming years due to the growing adoption of industrial automation and implementation of disruptive technologies.

Purchase Full Report for Exclusive Industry 4.0 Market Growth Forecast – https://www.fortunebusinessinsights.com/checkout-page/102375

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Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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