Annual industry 4.0 cost reductions from digitization 2016-2020, by industry
This statistic shows the expected level of cost reductions from industry 4.0 digitization, until 2020, by industry, according to a 2016 survey conducted by PwC. As of 2016, the forest, paper, and packaging industry is expecting to reduce costs by approximately 28 billion U.S. dollars per annum until 2020.