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Industry 4.0: smart factory market size worldwide 2019/2024

Published by Statista Research Department, Dec 1, 2020
This graph illustrates the size of the global smart factory market between 2019 and 2024. It is expected that the smart factory market will grow at a compound annual growth rate (CAGR) of 9.6 percent to reach around 244.8 billion U.S. dollars by 2024.

Global size of the smart factory market in 2019 and 2024 (in billion U.S. dollars)

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Release date

2019

Region

Worldwide

Survey time period

2019 to 2024

Supplementary notes

The 2020 figure is a forecast.

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