Tag Archives: Artificial Intelligence in Manufacturing Market Share

Artificial Intelligence in Manufacturing Market to Surpass $ 272.5 Billion by 2023

The overall Artificial Intelligence (AI) in Manufacturing Market was valued at USD 272.5 Million in 2016 and is expected to reach USD 4,882.9 Million by 2023, at a CAGR of 52.42% between 2017 and 2023. The growth of this market is driven by growing usage of big data technology and industrial IoT in the manufacturing industry, extensive usage of robotics, increased in usage of computer vision technology by manufacturing companies, cross-industry partnerships, and significant increase in venture capital investments.

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