Global Smart Machines Market 2017-2021

  • ID: 4390868
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • Aethon
  • Apple
  • Clearpath Robotics
  • Elsevier
  • IBM
  • McKesson
  • MORE
About Smart Machines

Smart machines have cognitive computing ability and use artificial intelligence (AI) and machine learning algorithms to sense, learn, reason, and interact with humans. They have the ability to leverage on advanced technologies to solve problems accurately and precisely. Smart machines included in the scope of the report include hardware products such as autonomous robots; software such as expert systems, digital assistant, and others; and services. Services mainly include programming, commissioning, integration, training, maintenance, upgrading and others.

The analysts forecast the global smart machines market to grow at a CAGR of 17.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from hardware, software, and services offered by vendors in the global smart machines market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Smart Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aethon
  • Cerner
  • Clearpath Robotics
  • IBM
  • KUKA
  • Mobile Industrial Robotics
Other prominent vendors
  • Allscripts Healthcare Solutions
  • Amazon
  • Apple
  • Digital Reasoning
  • Elsevier
  • Google
  • McKesson
  • Microsoft
  • Narrative Science
  • Philips Healthcare
  • Samsung
Market drivers
  • Changes in global labor force
  • For a full, detailed list, view the full report
Market challenges
  • High cost of deployment
  • For a full, detailed list, view the full report
Market trends
  • Emergence of IIoT
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Aethon
  • Apple
  • Clearpath Robotics
  • Elsevier
  • IBM
  • McKesson
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Global smart machines market
  • Five forces analysis
PART 06: Market segmentation by product
  • Global smart machines market by expert systems
  • Global smart machines market by autonomous robots
  • Global smart machines market by digital assistants
  • Global smart machines market by others
PART 07: Geographical segmentation
  • Smart machines market in Americas
  • Smart machines market in EMEA
  • Smart machines market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emergence of IIoT
  • Increase in adoption of data analytics
  • Improvements in machine vision systems
PART 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 12: Key vendor analysis
  • Aethon
  • Cerner
  • Clearpath Robotics
  • IBM
  • KUKA
  • Mobile Industrial Robots
PART 13: Key takeaways

PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global smart machines market 2016-2021 ($ billions)
Exhibit 02: Major applications of smart machines
Exhibit 03: Five forces analysis
Exhibit 04: Global smart machines market by product 2016 and 2021
Exhibit 05: Major applications of expert systems
Exhibit 06: Global smart machines market by expert systems 2016-2021 ($ billions)
Exhibit 07: Global smart machines market by autonomous robots 2016-2021 ($ billions)
Exhibit 08: Global smart machines market by digital assistants 2016-2021 ($ billions)
Exhibit 09: Global smart machines market by others 2016-2021 ($ billions)
Exhibit 10: Global smart machines market by geography 2016 and 2021
Exhibit 11: Smart machines market in Americas 2016- 2021 ($ billions)
Exhibit 12: Smart machines market in EMEA 2016- 2021 ($ billions)
Exhibit 13: Smart machines market in APAC 2016- 2021 ($ billions)
Exhibit 14: Global average cost of sensors 2015-2020 ($)
Exhibit 15: Key areas of development in autonomous robots
Exhibit 16: Major hardware and software technologies that create high barriers to entry due to their complexity
Exhibit 17: Major regulations followed in APAC countries
Exhibit 18: Other prominent vendors
Exhibit 19: Product offerings: Aethon
Exhibit 20: Recent developments: Aethon
Exhibit 21: Product offerings: Cerner
Exhibit 22: Recent developments: Cerner
Exhibit 23: Product offerings: Clearpath Robotics
Exhibit 24: Recent developments: KUKA
Exhibit 25: Product offerings: IBM
Exhibit 26: Recent developments: IBM
Exhibit 27: Product offerings: KUKA
Exhibit 28: Recent developments: KUKA
Exhibit 29: Product offerings: Mobile Industrial Robots
Exhibit 30: Recent developments: Mobile Industrial Robots
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FEATURED COMPANIES

  • Aethon
  • Apple
  • Clearpath Robotics
  • Elsevier
  • IBM
  • McKesson
  • MORE
New Report Released: - Global Smart Machines Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart machines market: Aethon, Cerner, Clearpath Robotics, IBM, KUKA, and Mobile Industrial Robotics

Other Prominent Vendors in the market are: Allscripts Healthcare Solutions, Amazon, Apple, Digital Reasoning, Elsevier, Google, McKesson, Microsoft, Narrative Science, Philips Healthcare, and Samsung.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emergence of IIoT. The development of Industrial Internet of Things (IIoT) and technological enhancements have fueled the adoption of smart machines in the industrial as well as services sectors. The high demand and use of smart devices, wireless, and cloud technology will influence the future of smart machines in terms of the range of utility and mode of operation.”

According to the report, one of the major drivers for this market is Changes in global labor force. Rapid industrialization across the globe has led to increased labor demand. This has, in turn, resulted in an appreciation in the average labor cost along with a decrease in availability of skilled workers in growing sectors such as healthcare, manufacturing, logistics, agriculture, and mining. By 2050, the working age population in the world is expected to decrease significantly, especially in countries such as China and Japan. This fear has triggered increased adoption of smart machines, thereby requiring less manual labor to oversee the entire operation.

Further, the report states that one of the major factors hindering the growth of this market is High cost of deployment. Smart machines such as autonomous robots involve the use of sensors, software, and advanced technologies, which incur significant one-time costs for deployment. The high costs involved are a major impediment for potential end-users, especially in developing countries that have price-sensitive customers. Also, additional costs are involved in the modification of infrastructure and facilities, required for the seamless integration of smart machines in existing markets. The end-users that invest in smart machines also opt for additional services, such as customization and services, which fulfill operational requirements as per the intended use of the product. For instance, in the case of an autonomous robot, significant costs are involved in services, such as programming, commissioning, and installation, which vary depending on the application and the industry deploying them. The forecast period will also see vendors offering certain accessories, add-ons, and maintenance services, which will increase the costs in terms of servicing, electricity, and upgrades.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Aethon
  • Cerner
  • Clearpath Robotics
  • IBM
  • KUKA
  • Mobile Industrial Robotics
  • Allscripts Healthcare Solutions
  • Amazon
  • Apple
  • Digital Reasoning
  • Elsevier
  • Google
  • McKesson
  • Microsoft
  • Narrative Science
  • Philips Healthcare
  • Samsung
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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