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, Smart Machines are a key component of Smart Systems, which include many emerging technologies such as Smart Dust, Neuro Computing, and advanced robotics. —
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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 products 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.
This research evaluates the Smart Machine 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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The global Smart Machine market will approach $22.6B by 2023
The APAC region will lead with highest overall Smart Machine market share
The healthcare market represents the largest global revenue opportunity through 2023
Key technology enablement markets will be Autonomous Vehicles, Drones, and Smart Robots
The fastest growing Smart Machine technology area Neuro-computing, will grow at 22.2% CAGR through 2023
Smart System components, such as Micro and Nano Sensors and RF Equipment, will be largest areas by revenue
Smart Machines and Smart Systems will benefit greatly from low latency and localized processing via 5G and MEC
Systems Integration Companies
Communications Services Providers
Automation and Robotics Companies
Artificial Intelligence Solution Providers
Industrial Automation Solution Providers
Research and Development Organizations
Companies in Report:
Axis Communications AB
Digital Reasoning Systems Inc.
General Electric Co.
Hewlett Packard Enterprise (HPE)
Honeywell International Inc.
Koninklijke Philips N.V
Motion Controls Robotics Inc.
Narrative Science Inc.
Rockwell Automation Inc.
Samsung Electronics Co Ltd.
Major Points From The Table Of Contents:
Smart Machine Ecosystem
Smart Machine Market Analysis and Forecasts
Conclusions and Recommendations
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Figure 1: Smart Machine Concept
Figure 2: Smart Machine Ecosystem
Figure 3: Cognitive Computing Application Layer
Figure 4: Smart Dust Development Framework
Figure 5: Global Smart Machine Market 2018 - 2023
Figure 6: Global Smart Machine Market Yearly Growth Rate 2018 - 2023
Figure 7: Smart Machine Market Share by Region
Figure 8: APAC Smart Machine Market Share by Country
Figure 9: North America Smart Machine Market Share by Country
Figure 10: Europe Smart Machine Market Share by Country
Table 1: Global Smart Machine Market by Product 2018 - 2023
Table 2: Global Smart Machine Product Market Share
Table 3: Global Smart Machine Market by Technology 2018 - 2023
Table 4: Global Smart Machine Technology Market Share
Table 5: Global Smart Machine Technology Market by Cognitive Technology Type 2018 - 2023
Table 6: Global Smart Machine Technology Market by Robotics Type 2018 - 2023
Table 7: Global Smart Machine Technology Market by Neurocomputing Type 2018 - 2023
Table 8: Global Smart Machine Market by Segment 2018 - 2023
Table 9: Global Smart Machine Market Share by Segment
Table 10: Global Smart Machine Market by Industrial Vertical 2018 - 2023
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