<p>➀ Industry 4.0 integrates IoT, AI, and robotics to enable flexible factories with software-controlled production, real-time analytics, and sustainability; </p><p>➁ Software-configurable hardware reduces costs by dynamically adapting sensors and I/O systems without physical modifications, enhancing operational efficiency; </p><p>➂ The smart manufacturing market is projected to grow from $210.2bn in 2024 to $348.2bn by 2030, driven by demand for scalability and adaptability in industries like automotive and process control.</p>