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Global Market Study on Smart Machines: Owing to Increasing Need for Improved Data Accessibility by Manufacturing Industries to Drive Market Growth By 2024LONDON, Jan. 16, 2017 /PRNewswire/ -- Persistence Market research (PMR) offers a nine-year forecast for the global smart machines market between 2016 and 2024. In terms of value, the global smart machines market is expected to register a CAGR of 18.8% during the forecast period (2016–2024). The primary objective of the report is to offer insights on the advancements in the smart machines market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global smart machines market over the forecast period. The main objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global smart machines market. In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are smart machines hardware and software & solution providers. Detailed profiles of the providers are also included in the scope of the report to evaluate their long- and short-term strategies, key offerings, and recent developments in the smart machines space. Key players in the global smart machines market include Apple Inc., Google Inc., Microsoft Corporation, BAE Systems, Creative Virtual Ltd., Digital Reasoning Systems, Inc., IBM Corporation, Narrative Science Inc., Rethink Robotics, ABB Limited, Rockwell Automation, Inc., and General Electric Co. Key Segments Covered By Component Hardware Software Service By Machine Type Robots Autonomous cars Drones Wearable device Others By Technology Cloud Computing technology Big Data Internet of everything Robotics Cognitive Technology Affective Technology By Vertical Manufacturing Transportation & Logistics Healthcare Consumer Goods and Retail Aerospace & Defence Others On the basis of machine type, the global smart machines market has been segmented into robots, autonomous cars, drones, wearable devices, and others. Enterprises are expected to invest more in R&D activities for wearable technology due to the increasing need of mobility. Smart watches provide better accessibility, with the option of syncing with smartphones. Introduction of new applications such as those that track fitness activity and monitor health according to the user's need are the latest trends in wearable devices. Smart technology embedded in clothes is also a new trend in wearable devices. On the basis of component, the global smart machines market has been segmented into hardware, software, and service. A detailed analysis has been provided for every segment in terms of market size analysis for smart machines across the globe. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify the right opportunities. Another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global smart machines market. Key Regions/Countries Covered North America U.S. Canada Latin America Brazil Mexico Rest of Latin America Europe Germany France U.K Italy Russia Poland Spain Nordic Benelux Rest of Europe Asia Pacific China India Japan Australia and New Zealand ASEAN Rest of APAC The Middle East & Africa GCC North Africa South Africa Rest of MEA Download the full report: https://www.reportbuyer.com/product/4158749/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-market-study-on-smart-machines-owing-to-increasing-need-for-improved-data-accessibility-by-manufacturing-industries-to-drive-market-growth-by-2024-300391528.html SOURCE ReportBuyer |