Annual industry 4.0 cost reductions from digitization 2016-2020, by industry

This statistic shows the expected level of cost reductions from industry 4.0 digitization, until 2020, by industry, according to a 2016 survey conducted by PwC. As of 2016, the forest, paper, and packaging industry is expecting to reduce costs by approximately 28 billion U.S. dollars per annum until 2020.

What cumulative benefits from digitization do you expect in the next 5 years? (Cost reduction)

Reduction in billion U.S. dollars (p.a. until 2020)
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

April 2016



Survey time period

November 2015 to January 2016

Number of respondents


Supplementary notes

The majority of participants were Chief Digital Officers or other senior executives with top-level responsibility in their company for industry 4.0 strategy and activity.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Automotive industry in the United Kingdom"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.