Production Monitoring Market by Component (Services and Solutions), Service (Professional and Managed), Industry (Discrete Manufacturing and Process Manufacturing), Solution, Entity Size, and Region – 2022 to 2027


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The global production monitoring market size is expected to reach USD 7.2 billion by 2024, growing at a CAGR of 9.7% during the forecast period. Increasing demand for industrial automation technologies, rising demand for centralized monitoring and asset predictive maintenance are key factors driving the growth of the monitoring market for output.