Press release
Increasing Requirement For Enhanced Data Accessibility In Various Industries: Transformative Forces Shaping the Smart Machines Market Landscape in 2025
Smart Machines Market
What Will the Smart Machines Industry Market Size Be by 2025?
In the past few years, the market size of smart machines has experienced a swift expansion. It is projected to surge from $200.07 billion in 2024 to $227.58 billion in 2025, with a compound annual growth rate (CAGR) of 13.8%. The historical surge can be credited to the ascension in digitization and cloud technologies, growing necessity for automation for efficiency and quality improvement, escalating demand for automated solutions along with technological evolution, increasing necessity for automation to reduce human mistakes, and rising acceptance of smart machine solutions.
What's the Long-Term Growth Forecast for the Smart Machines Market Size Through 2029?
In the coming years, significant expansion is anticipated in the smart machines market size, which is projected to reach $376.69 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.4%. Variables contributing to this growth during the forecasted period are an increased usage of the industrial internet of things (IIoT), the emergence of 5G and edge computing, the adoption of cutting-edge technology across different industry sectors, government policies that are favorable to manufacturing and machine usage, along with a rising demand for cloud-based manufacturing solutions. The forecast period will also witness major trends such as developments in artificial intelligence, growing consciousness towards environmentally-friendly manufacturing procedures, increased use of edge computing technologies in manufacturing, the incorporation of digital twins and simulation tools for predictive maintenance and optimization, and the growing use of digitalization in manufacturing for Web3 and blockchain technology.
View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-machines-global-market-report
What Are the Key Growth Drivers Fueling the Smart Machines Market Expansion?
The expanding need for advanced data access across a variety of sectors is predicted to spur the smart machine market's progression. The term 'data accessibility' pertains to the ability of a company's employees to obtain data from databases and optimize its use. Smart machines extensively bank on data accessibility, as it provides them with access to a wide range of pertinent data, assuring superior performance and flexibility. For example, a survey in June 2022 by BARC (Business Application Research Center), a German-based business software analysis firm, revealed that among 559 participants, users of big data experienced an 8% rise in profit and a 10% cost reduction. Additionally, approximately 69% reported improved strategic decision making, and 54% stated that big data enhanced their command over operational procedures. Consequently, the escalating need for advanced data accessibility in diverse industries will fuel the expansion of the smart machine market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13933&type=smp
What Are the Key Trends Driving Smart Machines Market Growth?
Leading firms in the smart machine sector are engineering ground-breaking technologies, such as facial identification, to boost security, customization, and user device interaction. This biometric system involves facial recognition algorithms to authenticate or identify a person based on unique facial characteristics. For example, in December 2022, Hyundai Motor Company and Kia Corporation - automobile manufacturers based in South Korea - unveiled the DAL-e Delivery Robot. This robot sports an intricate design that improves its delivery prowess, enabling it to transport up to 16 cups of coffee or items weighing up to 10 kg by autonomously moving through complex environments. It is installed with face identification technology. Powered by four Plug & Drive (PnD) modules, the DAL-e Delivery Robot can reach speeds up to 1.2 m/s (around 2.7 mph) and comes with cutting-edge autonomous driving technology to detect obstacles and easily maneuver through crowded spaces.
How Is the Smart Machines Market Segmented?
The smart machines market covered in this report is segmented -
1) By Component: Hardware, Software, Services,
2) By Technology: Cloud Computing Technology, Big Data Technology, Internet of Everything, Robotics, Cognitive Technology, Affective Technology
3) By Machine: Robots, Autonomous Cars, Drones, Wearable Devices, Other Machines
4) By Verticals: Manufacturing, Transportation And Logistics, Healthcare, Consumer Goods And Retail, Aerospace And Defense, Other Verticals
Subsegments:
1) By Hardware: Sensors, Actuators, Processors, Communication Devices, Connectivity Modules
2) By Software: Operating Systems, Application Software, Data Analytics Software, Artificial Intelligence (AI) Software, Security Software
3) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Training Services, Managed Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13933&type=smp
Which Companies Are Leading the Charge in Smart Machines Market Innovation?
Major companies operating in the smart machines market report are Amazon.com Inc., Apple Inc., Alphabet Inc., Microsoft Corporation, Dell Technologies Inc., Robert Bosch GmbH, Sony Group Corporation, Siemens AG, General Electric Company, Panasonic Corporation, LG Electronics Inc., Intel Corporation, Qualcomm Technologies Inc., Oracle Corporation, Schneider Electric SE, Honeywell International Inc., 3M Company, Salesforce.com Inc., ABB Ltd., Hewlett Packard Enterprise, BAE Systems plc, BOE Technology Group Co. Ltd., Sharp Corporation, Koninklijke Philips NV, Pioneer Corporation, Corning Incorporated, Emerson Electric Co., Rockwell Automation Inc., KUKA AG, ST Engineering Aethon Inc.
Which Regions Are Leading the Global Smart Machines Market in Revenue?
North America was the largest region in the smart machines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13933
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Requirement For Enhanced Data Accessibility In Various Industries: Transformative Forces Shaping the Smart Machines Market Landscape in 2025 here
News-ID: 4127462 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
