Press release
Smart Machines Market In The Americas To Grow At A CAGR Of 14.96% During The Period 2016-2020
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.
Technavios 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
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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
Market driver
Growth of investments in smart technologies
For a full, detailed list, view our report
Market challenge
Resistance to smart machines due to apprehension of job losses
For a full, detailed list, view our report
Market trend
Expansion of robot capabilities
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=720180
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