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This is made possible with smart sensors and data transmitters that are connected to an Internet of Things (IoT) platform. billion by 2027, at a CAGR of 60.6% between 2022 and 2027. According to research, 63% of oil field assets are past the halfway point of their expected lifetimes. billion in 2022 to USD 73.5
The integration of AI with other emerging technologies such as blockchain and the Internet of Things (IoT) will likely generate new strategic opportunities and business models. This does not mean replacing human strategists but rather augmenting their capabilities with AI’s computational power.
It is considered to be part of the internet of things (IoT). billion in 2027. Smart manufacturing, also called industry 4.0, is a technology-driven approach to production, using machinery connected through the web to monitor progress and collect data to improve efficiency. Where do we stand today? billion in 2021 to USD 10.9
Technology Horizon : New Materials are Reinventing Energy Storage Devices It is predicted that by 2035, one trillion Internet of Things devices will require 109,000 tons of lithium and incalculable energy consumption needs. 3D printing the components of these products may be the key to scale production and improve functionality.
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