Global Market Study on Smart Machines

Published - August 2016| Code - PMR009A| Affiliate - Persistence Market Research

Report Highlights

Persistence Market research (PMR) offers a nine-year forecast for the global smart machines market between 2016 and 2024. In terms of value, the global smart machines market is expected to register a CAGR of 18.8% during the forecast period (2016–2024). The primary objective of the report is to offer insights on the advancements in the smart machines market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global smart machines market over the forecast period. The main objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global smart machines market.

Smart machines are deployed to enhance networked resources and implement distributed intelligence in manufacturing industries. The integration of devices provide more accessibility. Smart machines can be easily connected to a broader network of connected devices, enabling users to share data on numerous devices. This allows users to connect/access their devices from anywhere and anytime.

Smart machines are programmed to make intelligent decisions, in a time efficient manner. They are built to learn from their interactions and their precision increases over time. Hence, new developments in operational intelligence are encouraging companies to adopt systems that are smarter and efficient; thus fueling demand for smart machines across the globe.

A section of the report discusses how the overall competition in the market is steadily increasing. It discusses various factors shaping internal as well as external competition in the market. Overall internal competition in the smart machines market is comparatively low attributed to the low number of smart machines solutions providers in the market. With new technologies emerging, many innovative ideas are being realized. Some smart machines built with advanced features face legal restrictions. As a result, manufacturing of some smart machines will be halted. Various barriers hampering growth of the smart machines market has been given in the report along with their impact regionally.

A section of the report highlights smart machines demand, region-wise. It provides a market outlook for 2016–2024 and sets the forecast within the context of the smart machines ecosystem, including new technological developments, as well as product offerings in the global smart machines market. This study discuss key region trends contributing to the growth of the smart machines market globally. It also analyses the degree to which drivers are influencing the market in each region. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa (MEA).

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are smart machines hardware and software & solution providers. Detailed profiles of the providers are also included in the scope of the report to evaluate their long- and short-term strategies, key offerings, and recent developments in the smart machines space. Key players in the global smart machines market include Apple Inc., Google Inc., Microsoft Corporation, BAE Systems, Creative Virtual Ltd., Digital Reasoning Systems, Inc., IBM Corporation, Narrative Science Inc., Rethink Robotics, ABB Limited, Rockwell Automation, Inc., and General Electric Co.

Key Segments Covered

By Component
Hardware
Software
Service
By Machine Type
Robots
Autonomous cars
Drones
Wearable device
Others
By Technology
Cloud Computing technology
Big Data
Internet of everything
Robotics
Cognitive Technology
Affective Technology
By Vertical
Manufacturing
Transportation & Logistics
Healthcare
Consumer Goods and Retail
Aerospace & Defence
Others
On the basis of machine type, the global smart machines market has been segmented into robots, autonomous cars, drones, wearable devices, and others. Enterprises are expected to invest more in R&D activities for wearable technology due to the increasing need of mobility. Smart watches provide better accessibility, with the option of syncing with smartphones. Introduction of new applications such as those that track fitness activity and monitor health according to the user’s need are the latest trends in wearable devices. Smart technology embedded in clothes is also a new trend in wearable devices. On the basis of component, the global smart machines market has been segmented into hardware, software, and service. A detailed analysis has been provided for every segment in terms of market size analysis for smart machines across the globe.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify the right opportunities.

Another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global smart machines market.

Key Regions/Countries Covered       

North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
France
U.K
Italy
Russia
Poland
Spain
Nordic
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
ASEAN
Rest of APAC
The Middle East & Africa
GCC
North Africa
South Africa
Rest of MEA

  • Table 1 : Global Smart Machines Market Value (US$ Bn) Analysis and Forecast, By Region, 2015-2024
  • Table 2 : North America Smart Machines Market Value and Absolute $ Opportunity (US$ Bn) Forecast By Country, 2015-2024
  • Table 3 : North America Smart Machines Market Value (US$ Bn) Forecast By Component, 2015-2024
  • Table 4 : North America Smart Machines Market Value (US$ Bn) Forecast By Machine Type, 2015-2024
  • Table 5 : North America Smart Machines Market Value (US$ Bn) Forecast By Technology, 2015-2024
  • Table 6 : North America Smart Machines Market Value (US$ Bn) Forecast By Vertical, 2015-2024
  • Table 7 : Latin America Smart Machines Market Value and Absolute $ Opportunity (US$ Bn) Forecast By Country, 2015-2024
  • Table 8 : Latin America Smart Machines Market Value (US$ Bn) Forecast By Component, 2015-2024
  • Table 9 : Latin America Smart Machines Market Value (US$ Bn) Forecast By Machine Type, 2015-2024
  • Table 10 : Latin America Smart Machines Market Value (US$ Bn) Forecast By Technology, 2015-2024
  • Table 11 : Latin America Smart Machines Market Value (US$ Bn) Forecast By Vertical, 2015-2024
  • Table 12 : Europe Smart Machines Market Value and Absolute $ Opportunity (US$ Bn) Forecast By Country, 2015-2024
  • Table 13 : Europe Smart Machines Market Value (US$ Bn) Forecast By Component, 2015-2024
  • Table 14 : Europe Smart Machines Market Value (US$ Bn) Forecast By Machine Type, 2015-2024
  • Table 15 : Europe Smart Machines Market Value (US$ Bn) Forecast By Technology, 2015-2024
  • Table 16 : Europe Smart Machines Market Value (US$ Bn) Forecast By Vertical, 2015-2024
  • Table 17 : Asia Pacific Smart Machines Market Value and Absolute $ Opportunity (US$ Bn) Forecast By Country, 2015-2024
  • Table 18 : Asia Pacific Smart Machines Market Value (US$ Bn) Forecast By Component, 2015-2024
  • Table 19 : Asia Pacific Smart Machines Market Value (US$ Bn) Forecast By Machine Type, 2015-2024
  • Table 20 : Asia Pacific Smart Machines Market Value (US$ Bn) Forecast By Technology, 2015-2024
  • Table 21 : Asia Pacific Smart Machines Market Value (US$ Bn) Forecast By Vertical, 2015-2024
  • Table 22 : MEA Smart Machines Market Value and Absolute $ Opportunity (US$ Bn) Forecast By Country, 2015-2024
  • Table 23 : MEA Smart Machines Market Value (US$ Bn) Forecast By Component, 2015-2024
  • Table 24 : MEA Smart Machines Market Value (US$ Bn) Forecast By Machine Type, 2015-2024
  • Table 25 : MEA Smart Machines Market Value (US$ Bn) Forecast By Technology, 2015-2024
  • Table 26 : MEA Smart Machines Market Value (US$ Bn) Forecast By Vertical, 2015-2024
  • Figure 1 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 2 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 3 : Global Smart Machines Market Value Share (%) & BPS Analysis, By Component, 2016 & 2024
  • Figure 4 : Global Smart Machines Market Y-o-Y Growth Comparison, By Component, 2016-2024
  • Figure 5 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Hardware Segment, 2015-2024
  • Figure 6 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Hardware Segment, 2016-2024
  • Figure 7 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Software Segment, 2015-2024
  • Figure 8 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Software Segment, 2016-2024
  • Figure 9 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Service Segment, 2015-2024
  • Figure 10 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Service Segment, 2016-2024
  • Figure 11 : Global Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 12 : Global Smart Machines Market Y-o-Y Growth Comparison, By Machine Type, 2016-2024
  • Figure 13 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Robot Segment, 2015-2024
  • Figure 14 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Robot Segment, 2016-2024
  • Figure 15 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Autonomous Car Segment, 2015-2024
  • Figure 16 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Autonomous Car Segment, 2016-2024
  • Figure 17 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Drones Segment, 2015-2024
  • Figure 18 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Drones Segment, 2016-2024
  • Figure 19 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Wearable Device Segment, 2015-2024
  • Figure 20 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Wearable Device Segment, 2016-2024
  • Figure 21 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Others Segment, 2015-2024
  • Figure 22 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Others Segment, 2016-2024
  • Figure 23 : Global Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 24 : indicates global smart machines market attractiveness index by machine type during the forecast period
  • Figure 25 : Global Smart Machines Market Value Share (%) & BPS Analysis, By Technology, 2016 & 2024
  • Figure 26 : Global Smart Machines Market Y-o-Y Growth Comparison, By Technology, 2016-2024
  • Figure 27 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Cloud Computing Technology Segment, 2015-2024
  • Figure 28 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Cloud Computing Technology Segment, 2016-2024
  • Figure 29 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Big Data Technology Segment, 2015-2024
  • Figure 30 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Big Data Technology Segment, 2016-2024
  • Figure 31 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Internet of Everything Technology Segment, 2015-2024
  • Figure 32 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Internet of Everything Technology Segment, 2016-2024
  • Figure 33 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Robotics Technology Segment, 2015-2024
  • Figure 34 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Robotics Technology Segment, 2016-2024
  • Figure 35 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Cognitive Technology Segment, 2015-2024
  • Figure 36 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Cognitive Technology Segment, 2016-2024
  • Figure 37 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Affective Technology Segment, 2015-2024
  • Figure 38 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Affective Technology Segment, 2016-2024
  • Figure 39 : Global Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 40 : Global Smart Machines Market Value Share (%) & BPS Analysis, By Vertical, 2016 & 2024
  • Figure 41 : Global Smart Machines Market Y-o-Y Growth Comparison, By Vertical, 2016-2024
  • Figure 42 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Manufacturing Segment, 2015-2024
  • Figure 43 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Manufacturing Segment, 2016-2024
  • Figure 44 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Transportation & Logistics Segment, 2015-2024
  • Figure 45 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Transportation & Logistics Segment, 2016-2024
  • Figure 46 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Healthcare Segment, 2015-2024
  • Figure 47 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Healthcare Segment, 2016-2024
  • Figure 48 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Consumer Goods and Retail Technology Segment, 2015-2024
  • Figure 49 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Consumer Goods and Retail Segment, 2016-2024
  • Figure 50 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Aerospace & Defense Segment, 2015-2024
  • Figure 51 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Aerospace & Defense Segment, 2016-2024
  • Figure 52 : Global Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, By Other Vertical Segment, 2015-2024
  • Figure 53 : Global Smart Machines Market Absolute $ Opportunity (US$ Bn), By Other Vertical Segment, 2016-2024
  • Figure 54 : Global Smart Machines Market Attractiveness Index, By Vertical, 2016-2024
  • Figure 55 : Global Smart Machines Market Value Share (%) & BPS Analysis, By Region, 2016 & 2024
  • Figure 56 : Global Smart Machines Market Y-o-Y Growth Comparison, By Region, 2016-2024
  • Figure 57 : Global Smart Machines Market Attractiveness Index, By Region, 2016-2024
  • Figure 58 : North America Smart Machines Market Value Share (%) & BPS Analysis, By Country, 2016 & 2024
  • Figure 59 : North America Smart Machines Market Y-o-Y Growth Comparison, By Country, 2016-2024
  • Figure 60 : North America Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 61 : North America Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 62 : North America Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 63 : North America Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 64 : North America Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 65 : North America Smart Machines Market Attractiveness Index, By Vertical, 2016-2024
  • Figure 66 : Latin America Smart Machines Market Value Share (%) & BPS Analysis, By Country, 2016 & 2024
  • Figure 67 : Latin America Smart Machines Market Y-o-Y Growth Comparison, By Country, 2016-2024
  • Figure 68 : Latin America Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 69 : Latin America Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 70 : Latin America Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 71 : Latin America Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 72 : Latin America Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 73 : Latin America Smart Machines Market Attractiveness Index, By Vertical, 2016-2024
  • Figure 74 : Europe Smart Machines Market Value Share (%) & BPS Analysis, By Country, 2016 & 2024
  • Figure 75 : Europe Smart Machines Market Y-o-Y Growth Comparison, By Country, 2016-2024
  • Figure 76 : Europe Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 77 : Europe Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 78 : Europe Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 79 : Europe Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 80 : Europe Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 81 : Europe Smart Machines Market Attractiveness Index, By Vertical, 2016-2024
  • Figure 82 : Asia Pacific Smart Machines Market Value Share (%) & BPS Analysis, By Country, 2016 & 2024
  • Figure 83 : Asia Pacific Smart Machines Market Y-o-Y Growth Comparison, By Country, 2016-2024
  • Figure 84 : Asia Pacific Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 85 : Asia Pacific Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 86 : Asia Pacific Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 87 : Asia Pacific Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 88 : Asia Pacific Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 89 : Asia Pacific Smart Machines Market Attractiveness Index, By Vertical, 2016-2024
  • Figure 90 : MEA Smart Machines Market Value Share (%) & BPS Analysis, By Country, 2016 & 2024
  • Figure 91 : MEA Smart Machines Market Y-o-Y Growth Comparison, By Country, 2016-2024
  • Figure 92 : MEA Smart Machines Market Value (US$ Bn) & Y-o-Y Growth Forecast, 2015-2024
  • Figure 93 : MEA Smart Machines Market Absolute $ Opportunity (US$ Bn), 2016-2024
  • Figure 94 : MEA Smart Machines Market Attractiveness Index, By Component, 2016-2024
  • Figure 95 : MEA Smart Machines Market Attractiveness Index, By Machine Type, 2016-2024
  • Figure 96 : MEA Smart Machines Market Attractiveness Index, By Technology, 2016-2024
  • Figure 97 : MEA Smart Machines Market Attractiveness Index, By Vertical, 2016-2024

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organization of all sizes.

CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report