The global smart machines market to grow at a CAGR of 17.02% during the period 2017-2021.
Albany, NY -- (SBWIRE) -- 06/20/2018 -- 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.
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
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Technavio's 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 driver
Changes in global labor force
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Market challenge
High cost of deployment
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Market trend
Emergence of IIoT
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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?