Artificial Intelligence In Manufacturing Market Worth $20.8 Billion By 2028, At A Cagr Of 45.6%

The Artificial Intelligence in Manufacturing Market is expected to reach USD 20.8 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 45.6%. The significant growth factor associated with the Artificial Intelligence in Manufacturing Market growth is the Rising need to handle increasingly large and complex dataset, emerging industrial IoT and automation technology. The AI in manufacturing market is witnessing significant growth because of the extensive usage of big data, industrial robots, and the evolution of the Internet of Things (IoT). The market for the hardware segment has been sub-segmented into processors, memory, and network. Computer vision technology is concerned with the physical structure of 3D objects attached to an intelligent computing system.