Smart Mining Market Report by Type (Underground Mining, Surface Mining), Component (Hardware, Software, Services), Automated Equipment (Excavator, Robotic Truck, Driller and Breaker, Load Haul Dump, and Others), and Region 2024-2032

The global smart mining market size reached USD 12.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 49.0 Billion by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032. The market demand is growing rapidly driven by significant technological advancements, heightened focus on safety and environmental sustainability, growing emphasis on cost efficiency, implementation of stringent environmental regulations, and increasing demand for minerals and metals. The integration of technologies, such as the IoT, AI, robotics, and big data analytics is opportunistic for the market growth.

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