Tag Archive | robotics

Industrial IoT for Manufacturing is Growing Rapidly

Industrial IoT for Manufacturing is Growing Rapidly

The Industrial IoT Platforms market is accelerating in 2019 as industrial manufacturers prioritize their transformation into IoT data-driven companies. Spending on Platforms-related software and services is forecast to grow at a rate of 40% per year until 2024.

via IoT Analytics

Modular Robotics Technology Global Market Assessment

Modular Robotics Technology Global Market Assessment

The global modular robotics market was valued at $6.8 billion in 2017 and is projected to register a compounded annual growth rate (CAGR) of over 14% from 2019 to 2027, according to research by TMR.

via TMR

Digital Factory Investment will Reach $673 Billion

Digital Factory Investment will Reach $673 Billion

The manufacturing sector will undergo a transformation as new technologies enable innovative factory automation solutions. The ‘Digital Factory’ market will grow at a compound annual growth rate of 33 percent to reach $673 billion in 2026, according to ABI Research.

via Digital Lifescapes

Upside Opportunity: The Changing Nature of Work


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

How Non-Industrial Robotics Drives New Growth

How Non-Industrial Robotics Drives New Growth

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.

via Tractica

Globalization 4.0 – Globotics Upheaval in 2019

Globalization 4.0 - Globotics Upheaval in 2019

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.”

via World Economic Forum

Top 10 Worldwide Robotics Market Predictions

Top 10 Worldwide Robotics Market Predictions

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.

via IDC