The Global Smart Manufacturing Platform Market size is expected to reach $12.2 billion by 2025, rising at a market growth of 19.4% CAGR during the forecast period. Smart manufacturing Platform Market is a technology based approach that requires Internet enabled device to keep a check on the production process. The ultimate goal of Smart Manufacturing is identifying the chances for automated operations and then use data analytics in improving the manufacturing performance. These smart manufacturing platforms enable the provision for services that supports manufacturing in a broader sense. The services that are enabled by smart manufacturing platforms are linked into the collection, storing, processing and delivering of the data. This data either describes the manufacturing of the product or they are related to the manufacturing processes and assets that help manufacturing such as machine, material, value networks, enterprise without fail factory workers.
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