Fears that robots will take away jobs from people have dominated the discussion over the future of work, but the ‘World Development Report 2019’ finds that on balance this appears to be unfounded. Instead, technology is bringing opportunity, paving the way to create new jobs, increase productivity, and improve public service delivery.
via World Bank
Non-industrial robots represented 70% of the $39.3 billion robotics market globally. Most of this growth is being driven by new and expanding use cases in segments like agriculture, autonomous vehicles, consumer drones, warehousing, logistics, military and personal assistant robots.
“Globalization 4.0 is going to hit the service sector. Hundreds of millions of service-sector and professional workers in advanced economies will – for the first time ever – be exposed to the challenges and opportunities of globalization.”
IDC robotics analysts worldwide worked collaboratively on the identification of the top 10 robotics predictions, bringing together the collective knowledge of their regions, industry verticals, and data points of how technology is being deployed across all industries as well as consumers.
The industrial and collaborative robotics market is gaining momentum, as more vendors and industries embrace automation. Development in cloud robotics, deep learning based machine operation, and a wider ecosystem will enable robots to become more reliable, versatile and efficient.
Across a range of applications, exoskeletons are increasingly being introduced to augment human capability — for assistive purposes in the workplace, and for enabling or rehabilitative purposes in the healthcare market.