
Predictive maintenance to be worth $4.9bn by 2021
The important role connected technologies play in safeguarding manufacturing resilience has been highlighted with the global predictive maintenance market set to grow exponentially over the next five years. As the UK continues to be affected by currency fluctuations and a shifting relationship with the European Union, manufacturers are striving for competitive advantage in order to better compete on a global scale – with many turning to predictive maintenance. Predictive maintenance is forecast to make waves the world over, rising to $4.9bn by 2021, according to the latest study by global research firm, MarketsandMarkets. With such an opportunity on offer, manufacturers […]