Smart machines have cognitive computing ability, and use artificial intelligence (AI) and machine learning algorithms to sense, learn, reason, and interact with humans. They offer desired output and solve problems accurately and precisely. The rising concept of Industry 4.0 that include automation, IoT, cloud computing, and smart machines in the automotive and electricals and electronics industries is crucial for the growth of the smart machines market in the Americas. The expert system segment has the largest share of the market due to wide acceptance across the manufacturing and service sectors in the US, Canada, Mexico, and Brazil.
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Smart Machines Market in the Americas 2016-2020
1. Smart Machines Market in the
Americas 2016-2020
Commenting on the report, an analyst from Technavio’s
team said: “A key market trend that is boosting market
growth is the expansion of robot capabilities. ”
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2. ABSTRACT
Smart machines have cognitive computing ability, and use artificial intelligence (AI) and machine
learning algorithms to sense, learn, reason, and interact with humans. They offer desired output
and solve problems accurately and precisely.The rising concept of Industry 4.0 that include
automation, IoT, cloud computing, and smart machines in the automotive and electricals and
electronics industries is crucial for the growth of the smart machines market in the Americas. The
expert system segment has the largest share of the market due to wide acceptance across the
manufacturing and service sectors in the US, Canada, Mexico, and Brazil.
Technavio’s analysts forecast the smart machines market in the Americas to grow at a CAGR of
14.96% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the smart machines market
in the Americas for 2016-2020. To calculate the market size, the report considers revenue
generated from the sales of smart machines such as expert systems, autonomous robots, and
digital assistants in the Americas.
The market is divided into the following segments based on types:
Expert system
Autonomous robots
Digital assistants
3. ABSTRACT
Technavio's report, Smart Machines Market in the Americas 2016-2020, 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
BAE Systems
Rethink Robotics
SAAB
Other prominent vendors
Anki
Artificial Solutions
Knightscope
Neuralware
Prioria Robotics
QBotix
Rockwell Collins
Ward Systems Group
4. Length Publisher Published Date
54 Pages
TechNavio – Infiniti
Research
May 13, 2016
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Value chain analysis
PART 07: Market segmentation by types
PART 08: Market segmentation by end-user
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Learn more about this report
5. ABOUT THE PUBLISHER
TechNavio - Infiniti Research Ltd. is a ground breaking technology advisory and research firm
with comprehensive international coverage. They focus sharply on emerging tech trends that
can direct the makeup of the market.
TechNavio identifies the trends by applying a combination of qualitative and quantitative
methods in its proprietary research practices. They build breakdowns throughout market
segments and geographies based on the trends seen. These breakdowns and analyses are
applied to assist their customers in identifying fresh and already existing opportunities in their
markets.
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