The global big data in the manufacturing industry was valued at $3.22 billion in 2018 and is projected to reach $9.11 billion by 2026, with a CAGR of 14.0%. The Africa region is projected to grow at a steady CAGR rate during the forecast period on the back of rising government initiatives. Edge computing technology is used to collect and translate data from sources such as cameras, sensors, machines and assembly lines. AI and ML are used to process massive data sets and return insights in near real-time at the point of data creation and consumption. This helps to reduce the number of defects in the production cycle.
