Understanding the AI Megatrends for Beginners
Artificial Intelligence (AI) has been a buzzword in the tech industry for decades, but recent advancements in machine learning and deep learning have propelled this field to new heights. The ...
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Posts about Insights (5)
Global Warehouse Robotic Market to Keep Growing at a CAGR of up to 13.8%
Warehouse robotics can be loosely defined as applications of robotics technology used to obtain warehouse automation. It’s a wide-ranging term referring to the use of robots, automation systems, and ...
Rika Melissa
The Use of Collaborative Robots in Pharmaceutical Industry Will Grow at a 14% CAGR
The pharmacy automation market growth has been slow but steady during the last five years. In 2022, the market value was estimated at around USD 5.1 billion. An increase from USD 3.6 billion in 2015, ...
Rika Melissa
Electric Vehicle Battery Market Size Will Reach USD 141 Billion by 2032
The move towards electric mobility is driving a surge in the battery market. 2022 was a great year for battery manufacturers as seen by the spurt of installation growth deployed by the top companies ...
Rika Melissa
IFR’s Latest World Robotics Report - Skyrocketing Growth
This year's World Robotics report from the International Federation of Robotics (IFR) shows an all-time high of more than half a million industrial robots installed in one year, surpassing the ...
Rika Melissa
Delivery Robot Market Size to Surge at 33.9% CAGR
Technology has created a way for smarter delivery. Electric mobile robots equipped with sensors, computer vision navigation, AI, and machine learning are now being used as autonomous delivery robots. ...
Rika Melissa
Estimating The Metaverse Market Size
When to Invest in Metaverse? There is no official definition for metaverse up to today as there is no one can describe what the metaverse really is. Cathy Hackl, a tech futurist often touted as the ...
Rika Melissa
North America Dominating Medical Cannabis Market With 93% Share
With the increasing legalization and social acceptance of cannabis, the global cannabis market is witnessing significant growth, with market size of USD 26.3 billion in 2021. This number includes ...
Rika Melissa
The Next Level of Automation: Industry 4.0
Automation has become essential in many fields of industries. It allows processes to function with increased efficiency and productivity. Today's industrial automation is leveling to the next stage ...
Rika Melissa
Top Robotics Trends to Look Out For in 2022
The global robotics market is valued at 41 billion USD in 2020, according to Statzon’s aggregated data. This number is expected to accelerate by 270% in 2026.