Saudi Arabia is one of the fast-growing countries in manufacturing sector, with significant investments in production, distribution and in supply chain domains. IoT in Manufacturing market is expected to grow at a robust CAGR of 27% until 2025, be indebted to the rising volume of data generated through big data analysis and business intelligence leading to collecting data that can optimize overall production systems and processes. With 7.5% average growth every year the manufacturing sector contributes roughly 10% to the nation’s GDP witnessing a swift growth projected to reach USD 40 billion by 2021 at a CAGR of 21%. With the establishment of SIDF (Saudi Industrial Development Fund) and other incentives which help industrialization, the growth of the manufacturing industry is imminent in-line with developed R&D facilities, government support, modern infrastructure, and business-friendly regulations.
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