Smart Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Smart Machines Market is analyzed to grow at a CAGR of 19.3% during the forecast 2022-2027 to reach $103.11 billion by 2027. Machines and tools of daily use as well as those used in complex industrial processes have evolved considerably in the last few decades. The rising demand for improved technologies such as artificial intelligence and its integration with the Internet of everything across various industries is driving the smart machine market growth. Moreover, growing investment in the research and development of the various industries coupled with huge adoption of industrial automation solutions tend to drive the smart machines market growth during the forecast period. Machine to machine technology (M2M) and usage of robotic process automation in logistic industry is gaining huge popularity for maintaining efficient management solutions is propelling the market growth. Smart machines such as intelligent assistant solutions minimizes human intervention in the industry and e...