According to Statistics Canada, the adoption of IoT in Canadian manufacturing increased by 15% in 2024, with 60% of manufacturers investing in IoT technologies.
A report by The Conference Board of Canada found that 75% of Canadian manufacturers believe IoT will have a significant impact on their industry by 2025, with 40% already using IoT for predictive maintenance.
KPMG's 2024 Canadian Manufacturing Outlook survey found that 80% of manufacturers are investing in digital transformation, including IoT, to improve efficiency and competitiveness.
A research paper published by McGill University reviewed the current state of IoT in Canadian manufacturing, highlighting the benefits and challenges of adoption, including data analytics and cybersecurity.
IoT Canada's 2024 report on Canadian manufacturing IoT statistics found that the industry is expected to invest $1.5 billion in IoT technologies by 2025, with a focus on industrial automation and supply chain management.
The National Research Council Canada published a report on smart manufacturing in Canada, including the role of IoT in driving innovation and productivity in the sector.
Plant Magazine's 2024 State of Manufacturing report found that 90% of Canadian manufacturers believe Industry 4.0 and IoT are essential for remaining competitive, with 50% already implementing IoT solutions.
Canadian Manufacturers & Exporters (CME) launched a benchmarking tool to help manufacturers assess their IoT adoption and digital transformation progress, including a comparison to industry averages.