10 Most Promising Industry 4.0 Solution Providers - 2021

The global Industry 4.0 market is projected to grow from $116.14 billion to $337.10 billion at a Compound Annual Growth Rate (CAGR) of 16.4 percent during the forecast period of 2021-2028, owing to the rising internet penetration and digitization trends due to increased focus of various industries on efficiency and cost effective productivity. With the emergence of connected computers, technologies like Artificial Intelligence, Machine Learning, AR/VR, Internet of Things, 3D Printing, and Blockchain have found their way to business and common lives. The outbreak of pandemic has accelerated this trend.

The new normal increased the digitalization multifold, as digitization invaded every field of job and business sector during this time period. Industrial Automation holds a major share of 21 percent in the Industry 4.0 market. According to Cisco, India would have around 2.1 billion internet-connected devices by 2023. According to the recently published Cisco Annual Internet Report (2018­2023), the country is expected to cross a 900 million mark of internet users, due to the increased penetration of affordable smartphones and cheaper internet plans.

Understanding the need of the hour and studying key progressions and developments in technology, CIOReviewIndia has come-up with a list of '10 Most Promising Industry 4.0 Solution Providers - 2021' who have proved their proficiency in this sector with their in-depth knowledge and expertise. The following list is prepared after being closely scrutinized by a panel of judges consisting of CEOs, CIOs, CXO, analysts, and our editorial board. We believe that these solution providers will help in transforming your business processes through their significant industry insights and business acumen.

We present to you CIOTechOutlook 10 Most Promising Industry 4.0 Solution Providers - 2021.