Global Smart Machines Market Growth 2024-2030

Global Smart Machines Market Growth 2024-2030

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.

The global Smart Machines market size is projected to grow from US$ 11360 million in 2023 to US$ 32870 million in 2030; it is expected to grow at a CAGR of 16.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Machines Industry Forecast” looks at past sales and reviews total world Smart Machines sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Machines sales for 2024 through 2030. With Smart Machines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Machines industry.

This Insight Report provides a comprehensive analysis of the global Smart Machines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Machines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Machines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Machines and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Machines.

Expert systems are a concentrated human knowledge module. Influenced by increase in investments in automating processes that were performed mainly by human labor, applications such as life sciences companies, retail, logistics, financial services firms, healthcare, defense, agriculture, and commerce are increasingly adopting these intelligent machine systems to replace human labor, driving the growth of this industry segment in the robotics smart machines market.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Machines market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Expert Systems
Autonomous Robots
Digital Assistants
Others

Segmentation by application
Life Sciences
Retails
Logistics
Financial Services Firms
Healthcare
Agriculture
Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
KUKA
IBM
Apple
Google
Clearpath Robotics
Mobile Industrial Robotics
Aethon
Cerner
Microsoft
Philips Healthcare
Samsung
Narrative Science
McKesson
Elsevier

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Machines market?

What factors are driving Smart Machines market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Machines market opportunities vary by end market size?

How does Smart Machines break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.