Smart Machines: Technologies and Global Markets

Report Code: IAS094C

Publish Date: Oct 2021

Publisher: BCC Publishing

Category: Instruments

Customize This Report

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market smart machines should grow from $101.5 billion in 2021 to $211.7 billion by 2026, at compound annual growth rate (CAGR) of 15.8% for the period of 2021-2026.

Report Includes

  • 77 tables
  • An updated review of the global markets for smart machines and related cognitive computing technology systems
  • Analyses of the global market trends, with data from 2019-2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
  • Evaluation and forecast the smart machines market size (product sales in USD millions), and corresponding market share analysis by type of technology, application, and geographic region
  • Discussion of the smart machine products and related technologies with the greatest commercial potential over the next five years (2021 to 2026)
  • Assessment of the key drivers and constraints that will shape the market for these products and technologies over the next five years
  • Estimating the current and future demand for smart machine products and enabling technologies
  • Identification of the companies best positioned to meet this demand owing to their proprietary technologies, mergers and acquisitions, new product developments, and other growth strategies
  • Descriptive profiles of the major market players including Bristol Robotics Laboratory, Crouzet, Robotic Technology Inc., Applied Analytic Systems, Brain Corp., CrossBar Inc., Qualcomm Inc., Siemens AG, BAE, Caterpillar, iRobot, Samsung, Intel Corp., Creative Virtual

Report Scope

This report identifies and quantifies the potential market for various types of smart machines, including: 

  • Expert systems (e.g., medical decision support systems, smart grid).
  • Embedded software (machine monitoring and control systems).
  • Autonomous robots (including self-driving vehicles).
  • Purpose-built smart machines (such as neural computers).
  • Virtual reality assistants (e.g., Siri).
  • Intelligent agents (e.g., automated online assistants). 

These technologies are generally at an early stage of development, so it will be necessary to consider the market at least as far out as 2026 to obtain meaningful results. A separate section of the report discusses the development and future sales of key enabling technologies for the next generation of smart machines, such as: 

  • Voice recognition technology.
  • Micro- and nanosensors.
  • Radio frequency technologies.
  • Neurocomputing. 

The study format includes the following major elements: 

  • Executive summary.
  • Definitions.
  • Historical milestones.
  • Technologies and applications that have the greatest commercial potential through 2026.
  • Detailed market estimates and projections for each technology and application during the period 2021 to 2026.
  • Companies, academic and government laboratories that are developing smart machines. 
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Latest reports include:
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Smart Machines: Technologies and Global Markets173Free
Chapter- 1: Introduction6Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview17Free
Chapter- 4: Expert Systems13Free
Chapter- 5: Neural Computers22Free
Chapter- 6: Autonomous Robots28Free
Chapter- 7: Embedded Systems7Free
Chapter- 8: Intelligent Assistants7Free
Chapter- 9: Company Profiles71Free
Published - Mar-2016| Analyst - Andrew McWilliams| Code - IAS094B

Report Highlights

The global market for smart machines reached $6.6 billion in 2015. The market should reach $7.4 billion in 2016 and nearly $15.0 billion in 2021, at a compound annual growth rate (CAGR) of 15.0% from 2016 to 2021.

Report Includes

  • An overview of the global market for smart machines.
  • The details which define these machines including the ability to adapt to and learn from changing conditions in real time, the capacity to operate autonomously (without direct human supervision), and having the capability to communicate with other machines.
  • Analyses of global market trends, with data from 2015 estimates for 2016, as well as five and ten year projections of CAGRs through 2021 and 2026.
  • Potential markets for various types of smart machines such as virtual reality assistants, intelligent agents, expert systems, embedded software, autonomous robots, and purpose-built smart machines.
  • Key enabling technologies for the next generation of smart machines, including voice recognition technology, micro- and nanosensors, radio frequency technologies, and neurocomputing.
  • A relative patent analysis.
  • Profiles of major players in the industry.
Published - May-2014| Analyst - Andrew McWilliams| Code - IAS094A

Report Highlights

The global market for smart machines was valued at $5.3 billion in 2013. This market is expected to increase to over $6.2 billion in 2014 and nearly $15.3 billion in 2019, a compound annual growth rate (CAGR) of 19.7% for the five-year period 2014 to 2019.

Report Includes

  • An overview of the global market for smart machines.
  • The details which define these machines including the ability to adapt to and learn from changing conditions in real time, the capacity to operate autonomously (without direct human supervision), and having the capability to communicate with other machines.
  • Analyses of global market trends, with data from 2013, estimates for 2014 and 2019, and projections of CAGRs through 2024.
  • Potential markets for various types of smart machines such as virtual reality assistants, intelligent agents, expert systems, embedded software, autonomous robots, and purpose-built smart machines.
  • Key enabling technologies for the next generation of smart machines, including voice recognition technology, micro- and nanosensors, radio frequency technologies, and neurocomputing.

Related Reports

Robotics: Technologies and Global Markets

Published - Jul 2024 | Publisher - Austin Samuel | Code - ENG001H

The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.

Medical Robotics and Computer-assisted Surgery: The Global Market

Published - Jun 2024 | Publisher - BCC Publishing | Code - HLC036J

The global market for medical robotics and computer-assisted surgery is expected to grow from $11.5 billion in 2023 and projected to reach $19.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2023 to 2028.

Global Spatial Computing Market

Published - Jan 2024 | Publisher - BCC Publishing | Code - IFT300A

This report provides an overview of the global spatial computing market size analysis and a detailed analysis of the market player’s products and strategies. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. Revenue forecasts for this period are segmented based on component, technology, industry, and geography.

Active, Controlled, and Intelligent Packaging for Foods and Beverages

Published - Aug 2023 | Publisher - BCC Publishing | Code - FOD038E

The global active, controlled, and intelligent packaging for foods and beverages market should reach $58.8 billion by 2028 from $37.8 billion in 2023 at a compound annual growth rate (CAGR) of 9.2% for the forecast period of 2023 to 2028.

Recent Reports

Microscopy: The Global Market

Published - Dec 2024 | Publisher - BCC Publishing | Code - IAS017H

The global market for microscopy is expected to grow from $9.7 billion in 2024 and is projected to reach $13.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.6% during the forecast period of 2024 to 2029.

Environmental Sensing and Monitoring Technologies: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - IAS030E

The global market for environmental sensing and monitoring technologies is estimated to increase from 31.3 billion in 2024 to reach $41.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% from 2024 through 2029.

Protective Relays and Circuit Breakers: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - IAS157B

The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.

Brain-Computer Interface: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - IAS180B

The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.

Educational Equipment and Software: Global Markets

Published - Sep 2024 | Publisher - BCC Publishing | Code - IAS118C

The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.

Top Trending Reports

Single-use Technologies for Biopharmaceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO099F

The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO208C

The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.

Medical Devices Industry: Competitive Landscape

Published - Nov 2024 | Publisher - BCC Publishing | Code - MDS010C

The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Global Market Opportunities and Competitive Landscape for CDMO

Published - Nov 2024 | Publisher - BCC Publishing | Code - PHM238B

The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Smart Machines: Technologies and Global Markets
Customize Report