Global Artificial Intelligence in Manufacturing Market

The Global Artificial Intelligence in Manufacturing Market is estimated to grow at a CAGR of 55.2% during the forecast period 2017-2025. As per the detailed market analysis, the global AI in manufacturing industry is estimated to reach $15.27 billion by the end of the year 2025.

The Global Artificial Intelligence in Manufacturing Market is driven by various growth factors such as increasing adoption of Internet of Things (IoT) in manufacturing sector, increasing awareness related to customer satisfaction, advancements in AI related to intelligent business process and increasing human-robot collaboration. Whereas, high implementation cost in the technology will impede the market growth over the future period. Moreover, growth of efficient and smart robots is anticipated to offer opportunities for the market players.