AI in Manufacturing Market to be Worth $29.1 Billion by 2030

According to this latest publication from Meticulous Research®, the AI in manufacturing market is projected to reach $29.1 billion by 2030, at a CAGR of 42.1% during the forecast period.The growth of the AI in manufacturing market is driven by the advent of Industry 4.0, increasing volume of complex datasets, and the rising adoption of industrial IoT and automation. However, high procurement & operating cost and a lack of infrastructure may restrain the market's growth.