Assessment of Industry 4.0 for Modern Manufacturing Ecosystem: A Systematic Survey of Surveys

Abstract

The rise of the fourth industrial revolution aspires to digitize any traditional manufacturing process, paving the way for new organisation schemes and management principles that affect business models, the environment, and services across the entire value chain. During the last two decades, the generated advancements have been analysed and discussed from a bunch of technological and business perspectives gleaned from a variety of academic journals. With the aim to identify the digital footprint of Industry 4.0 in the current manufacturing ecosystem, a systematic literature survey of surveys is conducted here, based on survey academic articles that cover the current state-of-the-art. The 59 selected high-impact survey manuscripts are analysed using PRISMA principles and categorized according to their technologies under analysis and impact, providing valuable insights for the research and business community. Specifically, the influence Industry 4.0 exerts on traditional business models, small and medium-sized enterprises, decision-making processes, human–machine interaction, and circularity affairs are investigated and brought out, while research gaps, business opportunities, and their relevance to Industry 5.0 principles are pointed out.