Industry 4.0 is a concept that has attracted a lot of attention in the global marketplace since its emergence in 2012. Following this conceptual framework, manufacturing companies in various industries have embarked on a mission to transform their operations by deploying smart technologies. TrendForce’s ongoing coverage of smart manufacturing solutions indicates that investments in related hard- and software have been growing steadily. Furthermore, this market is seeing rising demand and a trend towards integrated solutions. TrendForce forecasts that the size of the global market for smart manufacturing solutions will surpass US$320 billion by 2020.