Connected Mining Market Development Boosted by Real-Time Mining Monitoring Systems
The global connected mining market size is expected to be valued at US$ 20.2 billion in 2026 and projected to reach US$ 48.7 billion by 2033, growing at a CAGR of 13.4% between 2026 and 2033.
Digital transformation powered by IoT and AI is accelerating adoption, enabling predictive maintenance, real-time monitoring, and enhanced worker safety across mining operations. The International Council on Mining and Metals highlights mining’s contribution of 6-7% to global GDP, while sensor-based technologies reduce incidents significantly. Rising mineral demand for clean energy technologies, supported by the International Energy Agency and policy frameworks like the European Green Deal, further drives market expansion