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Industry 4.0 Spurs $4.1 Billion Investment In Plant Simulation Software

Industry 4.0 is rapidly transforming the industrial and manufacturing industry, with companies large and small investing in technologies like 5G, additive, artificial intelligence, and others.

These investments are adding up quickly, forcing manufacturers to rethink the ways that they deploy new technologies. That’s why we’re seeing plant simulation software gaining in popularity and traction. In fact, we project that revenues in this space will reach $4.1 billion by 2030.