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Rising adoption of the internet globally in manufacturing units and the increasing focus on enhancing the efficiency of systems and machinery, along with reducing production costs, are the major drives boosting the growth of the industry 4.0 market size. Additionally, the increasing demand for industrial automation, coupled with industrial robotics, will further surge the Industry 4.0 market’s growth. Growing government expenditure on digitalization is fuelling the demand for the industry 4.0 market.

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