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Industry 4.0 Market to Surpass USD 513.89 Billion by 2031 with Automation Surge | SkyQuest Technology

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WESTFORD, Mass., July 26, 2024 /PRNewswire/ — According to SkyQuest, the global Industry 4.0 Market size was valued at USD 133.05 billion in 2022 and is poised to grow from USD 154.6 billion in 2023 to USD 513.89 billion by 2031, growing at a CAGR of 16.2% during the forecast period (2024-2031).

Industry 4.0 or the fourth industrial revolution emphasizes the use of automation and interconnectivity. Employment of advanced technologies such as artificial intelligence, machine learning, robotics, and connected devices to improve the productivity and efficiency of industries. Rapid digitization and advancements in technology are forecasted to bolster the Industry 4.0 market growth over the coming years. The global Industry 4.0 market is segmented into technology, industry vertical, and region. 

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Industry 4.0 Market Overview:

Report Coverage

Details

Market Revenue in 2023

$ 154.6 billion

Estimated Value by 2031

$ 513.89 billion

Growth Rate

Poised to grow at a CAGR of 16.2%

Forecast Period

2024–2031

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Technology, Industry and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Report Highlights

Internet of Things (IoT) technology takes centerstage for Industry 4.0 adoption

Key Market Opportunities

Adoption of smart manufacturing and additive manufacturing practices

Key Market Drivers

Rising demand for automation across all industry verticals

Segments covered in Industry 4.0 Market are as follows:

TechnologyRobots (Traditional Industrial Robots {Articulated robots, Cartesian Robots, Selective Compliance Assembly Robot Arm (SCARA), Cylindrical Robots, Others}, Collaborative Robots), Blockchain in Manufacturing, Industrial Sensors (Level Sensors, Temperature Sensors, Flow Sensors, Position Sensors, Pressure Sensors, Force Sensors, Humidity & Moisture Sensors, Gas Sensors), Industrial 3D Printing, Machine Vision (Camera {Digital Camera, Smart Camera}, Frame Grabbers, Optics, and LED Lighting, Processor and Software), HMI (Offering {Hardware [Basic HMI, Advanced Panel-based HMI, Advanced PC-based HMI, Others], Software [On-premises HMI, Cloud-based HMI], Services}), Configuration ({Embedded HMI, Standalone HMI}, Technology {Motion HMI, Bionic HMI, Tactile HMI, Acoustic HMI}, End-user Industry {Process industries [Oil & Gas, Food & beverages, Pharmaceuticals, Chemicals, Energy & power, Metals & mining, Water & wastewater, Others], Discrete industry [Automotive, Aerospace & defense, Packaging, Medical devices, Semiconductor & electronics, Others]}), AI In Manufacturing (Offering {Hardware [Processor MPU, GPU, FPGA, ASIC, Memory, Network], Software [AI solutions- | On-premises, Cloud |, AI platform- | Machine learning framework, Application program interface |], Services [Deployment & integration, Support & maintenance]}, Technology {Machine learning [Deep learning, Supervised learning, Reinforcement learning, Reinforcement learning, Others], Natural language processing [Context-aware computing, Computer vision]}, Application {Predictive maintenance and machinery inspection, Material movement, Production planning, Field services, Quality control, Cybersecurity, Industrial robots, Reclamation}, Digital Twin {Technology [Internet of Things (IOT), Blockchain, Artificial intelligence & machine learning, Artificial intelligence & machine learning, Big data analytics, 5G], Usage Type [Product digital twin, Process digital twin, System digital twin], Application [Product design & development, Performance monitoring, Predictive maintenance, Inventory management, Business optimization, Others]}, Automated Guided Vehicles (AGV) {Type [Tow vehicles, Unit load carriers, Pallet trucks, Assembly line vehicles, Forklift trucks, Others], Navigation Technology [Laser guidance, Magnetic guidance, Inductive guidance, Optical tape guidance, Vision guidance, Others]}, Machine Condition Monitoring {Monitoring Technique [Vibration monitoring, Embedded systems, Vibration analyzers and meters, Thermography, Oil analysis, Corrosion monitoring, Ultrasound emission, Motor current analysis], Offering [Hardware – Vibration sensors, Accelerometers, Tachometers, Infrared sensors, Spectrometers, Ultrasound detectors, Spectrum analyzers, Corrosion probes], Software [Data integration, Diagnostic reporting, Order tracking analysis, Parameter calculation], Deployment Type [On-premises deployment, Cloud deployment], Monitoring Process [Online condition monitoring, Portable condition monitoring]})IndustryManufacturing, Automotive, Energy, Medical, Semiconductor & Electronics, Food & Beverage, Oil & Gas, Aerospace, Metals & Mining, Chemicals, and Others

Request Free Customization of this report: 

https://www.skyquestt.com/speak-with-analyst/industry-4-0-market

Internet of Things (IoT) Technology to Remain Indispensable for Industry 4.0

Internet of Things (IoT) remains the most crucial technology in global Industry 4.0 market growth owing to its role in interconnectivity and automation across different verticals. Advancements in connectivity technologies and rising use of automation in different industry verticals are also estimated to help this sub-segment gain an impressive market share. Surging demand for predictive maintenance will also boost the adoption of IoT technology in the long run.

Advanced robotic technologies are also slated to gain traction in the Industry 4.0 market. Growing acceptance of robots and high investments in advancements of robotic technologies are also slated to create new opportunities for providers of advanced robotics in the Industry 4.0 market. The low margin of error and the immense scope of automation are key benefits of robotics that help this sub-segment flourish.

Artificial intelligence (AI) will be another popular technology in the Industry 4.0 world going forward. Increasing demand for continuous monitoring, real-time analytics, and predictive maintenance are slated to help the demand for artificial intelligence in the future. The rising use of IoT devices will also boost the demand for cloud computing technology in the long run.

View report summary and Table of Contents (TOC): 

https://www.skyquestt.com/report/industry-4-0-market

Manufacturing Vertical to Spearhead Industry 4.0 Market Development

The manufacturing vertical is estimated to be at the forefront when it comes to Industry 4.0 adoption. The surge in use of robotics, advanced technologies, and smart manufacturing practices sets the tone for Industry 4.0 in this industry vertical. High emphasis on improving manufacturing efficiency, reducing downtime, and maximizing profits are all contributing to the high market share of this sub-segment.

The automotive industry is another vertical where Industry 4.0 market players could invest to get good returns. The high adoption of advanced robotics and other smart manufacturing technologies to maximize production allows this sub-segment to become a crucial one for Industry 4.0 providers. The aerospace and defense industry vertical also shows a lot of promise for Industry 4.0 companies going forward. Growing demand for advanced manufacturing techniques and technologies to create complex aerospace components is helping Industry 4.0 market growth via this segment.

The oil & gas industry is also estimated to embrace Industry 4.0 trend with open hands as they try to improve their operations and promote better resource utilization. High demand for predictive maintenance to reduce downtime and the growing adoption of digital oilfield solutions are estimated to bolster Industry 4.0 market development in the long run.

To sum it up, the application scope for Industry 4.0 is endless as automation and digitization pick up pace around the world. High investments in development of IoT and AI technologies will create better opportunities for Industry 4.0 companies in the future. The manufacturing industry will remain the top revenue generating sub-segment and more opportunities for aerospace, automotive, and oil & gas verticals will be seen over the coming years.

Related Report:

Digital Twin Market

Cyber Security Market

Artificial Intelligence (AI) Market

Internet Of Things (IoT) Market

Machine Learning Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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Black Kite and Sayari Partner to Deliver Integrated Intelligence Across Cyber, Supply Chain, and Corporate Risk

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New integration combines global corporate transparency with continuous cyber risk intelligence to help organizations uncover hidden threats across their extended enterprise

BOSTON and WASHINGTON, April 29, 2026 /PRNewswire/ — Black Kite, the leader in third-party cyber risk management, today announced a strategic partnership and integration with Sayari, a leading provider of global corporate transparency and supply chain risk intelligence. Together, the two companies are enabling organizations to gain a unified view of third-party risk by combining deep visibility into global corporate and trade networks with continuous cyber risk monitoring.

As organizations face increasing pressure to manage risk across complex, global supply chains, many struggle with fragmented data spread across multiple tools and teams. This partnership addresses that challenge by bringing together Sayari’s unmatched insight into corporate ownership, trade activity, and hidden commercial relationships with Black Kite’s objective, standards-based cyber risk ratings and real-time threat intelligence.

Through the integration, customers can enrich third-party risk assessments with both who an entity is connected to and how exposed they are from a cyber perspective—providing a more complete and actionable understanding of risk across the extended enterprise.

“Risk doesn’t exist in silos—but most tools still do,” said Bob Maley, Chief Security Officer at Black Kite. “By combining Sayari’s global network intelligence with Black Kite’s continuous cyber risk insights, we’re helping organizations move from fragmented signals to a connected, operational view of third-party risk.”

Sayari’s platform delivers visibility into complex commercial relationships using one of the world’s largest collections of corporate and trade data, spanning over 250 jurisdictions worldwide. By integrating this intelligence directly into Black Kite’s platform, customers can more easily identify hidden ownership structures, upstream supply chain dependencies, and potential exposure to financial crime or geopolitical risk—while simultaneously assessing cyber posture.

“Understanding risk today requires more than a single lens,” said Owen Denby, General Counsel at Sayari. “This partnership brings together two critical dimensions of risk—corporate network transparency and cyber exposure—so organizations can make faster, more confident decisions in an increasingly complex global environment.”

The combined solution supports a wide range of use cases, including:

Enhanced due diligence through enriched corporate ownership and cyber risk insightsSupply chain risk management with visibility into N-tier suppliers and their vulnerabilitiesFinancial crime and compliance by correlating beneficial ownership with cyber postureGovernment and national security applications requiring both transparency and cyber resilienceM&A and third-party onboarding with faster, more comprehensive risk assessments

By reducing manual research and connecting previously siloed data, the Black Kite and Sayari integration enables organizations to prioritize risk more effectively, accelerate investigations, and strengthen resilience across their third-party ecosystem.

The partnership reflects a shared commitment to helping organizations navigate the growing complexity of global risk with greater clarity, speed, and confidence.

Bob and Owen did a webinar together in April: From Fragmented Signals to Connected Risk Intelligence, available to watch on-demand.

About Black Kite

Black Kite is the AI-native third-party cyber risk management platform trusted by over 3,000 customers to manage every supplier and every risk across their extended ecosystem. Powered by the industry’s highest-quality risk intelligence, spanning over 40 million companies, Black Kite is differentiated by the accuracy, transparency, and actionability of its data. The platform automates vendor monitoring and risk assessments, surfacing reliable insights into ransomware susceptibility, regulatory gaps, financial exposure, and more. With Black Kite, security and risk teams gain always-on visibility and trusted intelligence to act early, reduce exposure, and stay ahead of third-party threats. Black Kite has received numerous industry awards and recognition from customers. Learn more at www.blackkite.com, or on the Black Kite blog.

About Sayari

Sayari is the leader in Agentic Systems of Work for economic security and risk. Powered by the Sayari Commercial World Model – a digital twin of global commerce resolving 10.6B+ primary-source records from 250+ jurisdictions – Sayari transforms risk and investigative teams from manual data gatherers into decisive mission leaders. By unifying corporate ownership, trade data, and risk intelligence into a single graph, Sayari uncovers connections and typologies that legacy watchlist, adverse media, and point solutions miss, enabling prescriptive execution at scale. Trusted by the world’s most demanding regulators, including U.S. Customs and Border Protection, the U.S. Treasury, and Fortune 500 enterprises, Sayari delivers the evidence-based transparency needed to prove decisions, satisfy regulators and protect global commerce. Headquartered in Washington, D.C., Sayari is used by thousands of professionals across 35+ countries to secure supply chains and dismantle illicit networks. To learn more, visit sayari.com.

Media Contact

Danielle Ostrovsky
Hi-Touch PR
Ostrovsky@Hi-TouchPR.com

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SOURCE Black Kite

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Chronograph Expands Middle East and Asia Presence With Hire of Former Abu Dhabi Investment Council Technology Leader

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NEW YORK, April 29, 2026 /PRNewswire/ — Chronograph, leading provider of portfolio monitoring solutions for institutional private equity limited partners and general partners, today announced the hiring of Benjamin Humphrey-Gaskin as Client Development Director based in the United Arab Emirates.

Benjamin joins Chronograph from the Abu Dhabi Investment Council (ADIC), where he served as Head of Investment Technology for nine years. In that role, he led end-to-end ownership of a multi-asset investment technology portfolio spanning front, middle, and back office systems. Prior to ADIC, he was a Senior Manager at EY advising sovereign institutions and asset managers on technology and operating models, and earlier served as a Senior Business Analyst at eFront delivering customized private equity solutions.

This expansion of the Client Development team in the Middle East reflects Chronograph’s continued growth across the region. With 5 of the 10 largest LPs in the world and 8 of the 10 largest GPs leveraging Chronograph, the solution is increasingly selected by the world’s most sophisticated private capital investors – including sovereign wealth funds navigating complex portfolios.

Benjamin commented, “I am delighted to be joining Chronograph at such a pivotal moment. This is a company I have followed closely for many years, watching its reputation grow from strength to strength. Investors in the region are demanding best-in-class systems, and the ability to truly understand their portfolios and access the highest quality data is one of the foremost challenges they are looking to solve. Chronograph is perfectly positioned to meet exactly that need. I look forward to helping build the firm’s presence and driving real impact for clients.”

Michael Santos, Global Head of Sales at Chronograph, added, “Benjamin is exactly the kind of leader we need as we deepen our presence in the Middle East and Asia. His experience deploying investment technology at one of the world’s most sophisticated sovereign wealth funds gives him a rare understanding of the challenges institutional investors in the region face. He’s spent his career advising CIOs, CTOs, and COOs on private capital technology transformation and he knows what it takes to turn portfolio data into actionable insight at institutional scale.”

About Chronograph

Chronograph was founded in 2016 to bring differentiated technology solutions to private capital markets. The firm’s products help institutional limited partners and general partners – including many of the world’s largest private equity and private credit investors – streamline and automate portfolio monitoring, valuations, analytics, and reporting. The firm is backed by Summit Partners, The Carlyle Group, and Nasdaq, Inc. For further information, please visit: www.chronograph.pe

Fred Bower
Chronograph
New York, New York
fred.bower@chronograph.pe

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Command Zero Accelerates SecOps Pipelines with APIs and MCP Server

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New endpoints let Security Operations teams build their own tools and embed autonomous investigations into existing pipelines.

AUSTIN, Texas, April 29, 2026 /PRNewswire/ — Command Zero today released a broad set of API endpoints and a Model Context Protocol (MCP) server for its Autonomous & AI-Assisted SOC platform. Customers can now drive threat hunts, investigations, manage business context, and trigger remediation programmatically by connecting to Command Zero’s LLM-based agents.

“With aggressive growth in the availability of agentic SecOps capabilities, security leaders and architects are at an architectural juncture – facing a decision to either adopt agentic feature sets being added to existing security tools and platforms, or to instead invest in net-new autonomous SOC platforms – further increasing complexity to an already overwhelming SecOps tools environment. Command Zero is solving this architectural challenge, adding APIs and MCP server access to powerful autonomous investigation capabilities that can be woven into existing tools, workflows, and UI.”
— Dave Gruber, Principal Analyst, Cybersecurity, Omdia

SOCs consist of dozens of separate tools and need seamless connectivity between tools to overcome complexity. With API endpoints and MCP servers, customers can wire the Command Zero platform into their SOAR playbooks, orchestration pipelines, and internal tooling without waiting on vendor roadmaps. Technical alliance partners can build integrations in minutes.

“Opening Command Zero’s advanced investigation engine to developers changes what’s possible. Teams can now use advanced capabilities of the platform as the substrate for custom threat hunting frameworks, CTI-driven analysis, and bespoke tooling. The MCP server extends that to AI agents — which matters as agentic SecOps moves from pitch decks to day-to-day practice.”
— Richard Stiennon, Chief Research Analyst at IT-Harvest

What’s in the release

Investigation APIs. List, start, extend, update, and retrieve investigations against any investigation template.Business context APIs. List, upload, and retrieve context at scale. Pull data in from ServiceNow, CTEM platforms, HR systems, and other sources — no manual console entry.Catalog and schema APIs. Query entity types, data sources, and investigation templates to align external systems with the platform’s data model.Remediation APIs. List remediation templates and execute remediation actions from external systems.MCP server. A wrapper around the APIs that lets Claude and other MCP-compatible agents query Command Zero directly. Analysts can run health checks, list investigations, triage open cases, and build custom dashboards from an AI chat interface.

What customers can build

SOAR playbooks that start a Command Zero investigation the moment an alert fires, then feed upstream response data back into the case as it develops.Custom threat hunting frameworks that ingest threat intelligence, generate hypotheses, deploy them as questions in Command Zero, and run autonomous hunts on a schedule.Internal SOC dashboards built in Claude that summarize weekly activity, automation rates, and open investigations in natural language.MSSPs syncing client business context across tenants automatically, instead of populating each environment by hand.

“The best security platforms are the ones teams can build on. This release puts Command Zero’s investigation engine in the hands of our customers and our technical alliance partners. They can wire us into their pipelines, extend us with their own flows, and connect us to the AI agents working collaboratively with their analysts. That is how a platform earns its place in the SOC. These APIs and MCP servers unlock a new class of joint solutions with our partners.”
— Dov Yoran, Co-founder and CEO, Command Zero

What’s next

The current release covers the core surface customers need to start building. More API endpoints will follow, shaped by anchor customers’ and partners’ feedback. Command Zero will also publish sample integrations and reference implementations in the weeks following the launch.

About Command Zero

Command Zero is the Autonomous & AI-Assisted SOC platform, built to transform security operations in complex enterprise environments. The platform accelerates threat hunting, triage, analysis and response. Command Zero enables all users to perform at the highest level by ensuring consistent, repeatable, auditable investigations with automated reporting.

Command Zero was named a Top 10 Finalist in the 2025 RSA Innovation Sandbox and serves some of the largest organizations in the world. The company is headquartered in Austin, TX with presence in Calgary Alberta, Canada.

Learn more at https://www.commandzero.ai and follow the Command Zero LinkedIn page.

Media contact: press@cmdzero.io

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SOURCE Command Zero

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