Description
Smart machines collectively represent intelligent devices, machinery, equipment, and embedded automation software that perform repetitive tasks and solve complex problem autonomously. Along with Artificial Intelligence, IoT connectivity, and M2M communications, they are a key component of smart systems, which include many emerging smart machine market technologies such as smart dust, neuro computing, and advanced robotics.
Smart Machines Market Dynamics
The drivers for enterprise and industrial adoption of smart machines include improvements in the smart workplace, smart data discovery, cognitive automation, and more. Currently conceived smart machine market offerings include autonomous robots (such as service robots), self-driving vehicles, expert systems (such as medical decision support systems), medical robots, intelligent assistants (such as automated online assistants), virtual private assistants (Siri, Google Assistant, Amazon Alexa, etc.), embedded software systems (such as machine monitoring and control systems), neurocomputers (such as purpose-built intelligent machines), and smart wearable devices.
Smart machines will also benefit significantly from advancements in the convergence of AI and IoT, also known as the artificial intelligence of things (AIoT). In fact, the AIoT market will in many ways power the smart machines market. This is because the degree of intelligence for a machine is largely determined by the degree to which it is connected via IoT and can make smart decisions via AI. The combined power of AI and IoT via AIoT is moving beyond consumer products, such as appliances, and is anticipated to rapidly move into many enterprise and industrial machines.
Smart Machines Market Report
This research evaluates the smart machine market ecosystem including technology building blocks, leading company strategies, products and services. The report evaluates various smart machine solutions, products, and services including autonomous robots, expert systems, intelligent assistants, neurocomputers, and wearable devices. This report also evaluates the hardware, embedded software, and related services for smart machines. The report also assesses the market for smart machines in many industry verticals including aerospace and defense, automotive, banking, consumer electronics, healthcare, industrial automation, security, transportation and logistics.
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