Report Highlights
The global market for smart machines was valued at $400.6 billion in 2024 and is estimated to increase from $455 billion in 2025 to reach $1.2 trillion by 2030, at a compound annual growth rate (CAGR) of 20.8% from 2025 through 2030.
Report Includes
- 53 data tables and 62 additional tables
- An in-depth analysis of the global markets for smart machines technologies and systems
- Analyses of the global market trends, with revenue data from 2024, estimates for 2025, forecast for 2027 and projected CAGRs through 2030
- Estimates of the size and revenue prospects of the global market, and a corresponding market share analysis by components (offerings), product type, technology, end-user industry and region
- Facts and figures pertaining to market dynamics, technological advancements, regulations, prospects and the impacts of macroeconomic variables
- Insights derived from Porter’s Five Forces model, global supply chain analyses and case studies
- Review of the impact of the ongoing U.S. tariffs on the smart machines market
- Patent analysis, featuring key granted and published patents
- An analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Company profiles of major players within the industry, including Alphabet Inc. (Google Inc.), Apple Inc., Amazon.com Inc., Microsoft, and Samsung
Report Scope
This report provides an analysis of the global market for smart machines. It provides global revenues (in $ billions) for segments and regions, using 2024 as the base year, with estimated market data for 2025, and forecasts of compound annual growth rates (CAGRs) through 2030. The market is segmented by product type, component, end use and region. Regions covered are North America (the U.S., Canada, Mexico), Europe (Germany, the U.K., France, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Rest of Asia-Pacific), and the Rest of the World (South America, the Middle East and Africa). The report also focuses on emerging technologies and the vendor landscape. It concludes with profiles of the leading companies in the market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||||||||||
| Forecast period considered | 2025-2030 | ||||||||||||||||||
| Base year market size | $400.6 billion | ||||||||||||||||||
| Market size forecast | $1.2 trillion | ||||||||||||||||||
| Growth rate | CAGR of 20.8% for the forecast period of 2025-2030 | ||||||||||||||||||
| Units considered | $ Billions | ||||||||||||||||||
| Segments covered | Type, Component, End Use | ||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World | ||||||||||||||||||
| Countries covered | U.S., Canada, Mexico, U.K., France, Germany, Spain, the Netherlands, Italy, China, India, Japan, South Korea, Australia, New Zealand, South America, Middle East and Africa | ||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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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.
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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 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.
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.
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