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Global Virtual and Augmented-Mixed Reality to Witness 11-fold Growth by 2028

Frost & Sullivan Manufacturing

billion by 2028 from $14.55 Industrial and Manufacturing : The move toward Industry 4.0, the increased usage of internet of things (IoT) devices, and the growth of 5G are expected to be the primary drivers for the growing implementation of VR/AR-MR technologies in industrial and manufacturing sectors.

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5G’s role in the adoption of enterprise augmented reality

Control Engineering

Augmented reality (AR) insights 5G was seen as a key enabler of digital transformation in enterprises and of the overall Industry 4.0 paradigm, but 5G-enabled Industry 4.0 The literature on enterprise AR within Industry 4.0 However, 5G-enabled Industry 4.0 AR within Industry 4.0

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The Connectivity Revolution: How the Emergence of 5G Networks Are Reshaping Manufacturing

21st Century Tech

Its true potential is realized when integrated with Industry 4.0 The first pilots in North America are expected to be in place by 2028, with wider commercial use available by 2030. What was thought to be impossible has become a reality with the advent of 5G (which stands for fifth generation) networks. technologies.

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OCR Canada launches a new automation solution to try and streamline production processes

Canadian Manufacturing

.” According to industry reports, the global industrial automation market was valued at USD 191.89 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period of 2022 to 2028. billion in 2021 and is expected to grow to USD 395.09

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AI Hacking of March Madness Betting to Cost U.S. Companies Record Amounts in 2024

i4.0 today

The online betting market in North America will experience a robust compound annual growth rate of 12.32% from 2024 to 2028. During March Madness alone it is estimated that more than $15.5 billion (from 2023) in betting will take place in 2024, up from only $3.1 billion in 2022. But hacking isn’t the only foul play experienced by U.S.

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Anglian Water Awards Samotics Five-year Deal to Support Operational Resilience and Energy Efficiency

i4.0 today

Samotics , a leading provider of real-time actionable insights to eliminate industrial energy waste and unplanned downtime, has been awarded a five-year contract by Anglian Water to help it deliver an extensive proactive maintenance program and meet 2030 Net Zero targets.

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AI Technologies Set to Bring in $208 Billion in 2023

i4.0 today

Furthermore, the annual market size of Artificial Intelligence is estimated to cross the $1000 billion mark by 2028. The estimated annual revenue for 2024 is $298.2 million, which would mean a further increase of 43.5%. This landmark would mean an impressive feat considering the yearly market size was smaller than $100 billion in 2021.