Too Long; Didn't Read
Markets and Markets expect the global AI in the manufacturing market to reach $16.7 billion by 2026, growing at a CAGR of 57.2%. Manufacturing sector faces numerous challenges, including difficulties in forecasting demands, skilled worker shortage, and keeping the equipment up and running. Artificial intelligence technologies possess an unmatched ability to analyze large amounts of data, so it is only natural for manufacturers to adopt this technology. The manufacturing sector is ahead of other industries when it comes to data generation.