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We rely on machines to ensure water comes out of our faucets, heat our homes and businesses, fill our cars with petrol or electricity, construct and maintain roads, transport people and goods, provide medical images, and manufacturing more machines. billion by 2027.
billion by 2027. In addition, cloud ERP solutions enable SMEs to enhance their overall productivity by reducing manufacturing time. TDC Digital caters to small factories, such as rolling door manufacturers, who use their platform to monitor their stock and production flow. billion in 2022 to USD 130.0
The demand for the automation of transactional business processes continued to increase, fueled by the shortage in skilled staff and increasing customerexperience expectations following the pandemic. The Healthcare and Manufacturing segments reflect major industry sectors related to demand for Capture & IDP Solutions in 2022.
For the Capture & IDP Software market in the EMEA region, Infosource predicts an accelerated growth of end customer investments in the next 5 years. AI-based solutions and subscription-based services will lower the barrier to entry for process automation and meet requirements for improved customerexperience and employee satisfaction.
Apple was one of the first manufacturers to test the appetite for 5G in 2020 by offering its newest iPhone with 5G compatibility. By 2027, the final year covered in the report, 155 million units are expected to ship, representing a compound annual growth rate (CAGR) of 7.4%.
This may include things like manufacturing location, date and time, product materials and composition, labels and certifications, environmental impact, instruction and maintenance manuals, service history, and so on. Implementing DPPs forces companies to invest in linking the products they manufacture with a digital repository.
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