The smart Factory Market size was valued at USD 289.55 Billion in 2022 and is projected to reach USD 842.45 Billion by 2028, growing at a CAGR of 12.55 % over the forecast period. A highly networked and digital production facility that relies on smart manufacturing is referred to as a ""smart factory."" The idea of the ""smart factory"" is seen as a key result of Industry 4.0, or the fourth technological revolution

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