In short The global predictive maintenance market grew to $5.5 billion in 2022—a growth of 11% from 2021—with an estimated CAGR of 17% until 2028, according to the Predictive Maintenance and Asset...
Industrial IoT
Industry 4.0 check-in: 5 learnings from ongoing digital transformation initiatives
In short Digitalization has become essential for industrial companies worldwide, as IoT Analytics expects the industrial IoT market to reach $145 billion in 2023. The Industrial IoT and Industry 4.0...
IoT solution development: Build, buy, or a bit of both?
In short Industrial IoT is on the way to becoming mainstream as projects are becoming more successful and common challenges are decreasing. Companies have a choice between the Build,...
The enterprise AR market and the industrial metaverse: Why 2023 marks an inflection point
In short The enterprise augmented reality (AR)/mixed reality (MR) market is at an inflection point, according to new research from IoT Analytics. In 2023, key product announcements from the likes of...
Top 7 upcoming machine vision applications—enabled by recent advances in AI, cameras, and chips
In short New research on the machine vision (MV) market shows that advancements in cameras, AI, and chipsets are boosting the use of machine vision applications. Among the 39 use cases analysed, 7...
8 key technologies transforming the future of global supply chains
In short The Digital Supply Chain market is starting to accelerate according to new research by IoT Analytics. Eight supply chain technology innovations are helping to make global supply chains more...
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