#Internet Of Robotic Things Market Research

[padmavarma]

The Internet Of Robotic Things Market is projected to reach US$90 billion by 2027, growing at a CAGR of 25.5% during the forecast period 2022-2027. Internet Of Robotic Things (IoRT) refers to a network of intelligent devices that combines smart wireless sensors data from sources and uses artificial intelligence to determine the action. It is employed in the internet of things like cloud robotics for functions like real-time streaming analytics and remote monitoring systems

👉 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://tinyurl.com/yc52mtnr

[riya2510]

The Industrial IoT Revolution: Market Forecast and Leading Players to Watch in 2023–2031

Industrial IoT Market Report: Growth, Trends, and Future Outlook

The Industrial Internet of Things (IIoT) represents a transformative wave in industrial operations, leveraging the power of connected devices, sensors, and advanced analytics to optimize processes, improve efficiency, and unlock new business opportunities. IIoT connects machines, devices, sensors, and systems to collect and analyze data in real time, enabling industries to achieve smarter decision-making, reduce operational costs, and enhance productivity.

The global Industrial IoT (IIoT) market was valued at USD 334.53 billion in 2022 and is projected to reach USD 2,916.21 billion by 2031, growing at an impressive CAGR of 27.2% during the forecast period (2023–2031). This rapid growth highlights the increasing demand for IoT-enabled technologies across various industrial sectors, making IIoT a vital part of the digital transformation process in manufacturing, supply chains, and infrastructure.

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Key Trends in the Industrial IoT Market

Increased Adoption of Smart Manufacturing: Manufacturers are embracing IIoT for process automation, predictive maintenance, real-time monitoring, and supply chain optimization. This trend is expected to continue as more companies focus on reducing downtime and improving product quality through connected devices.

Advancements in Edge Computing and AI Integration: The rise of edge computing is reducing latency, enabling faster data processing at the source. Integrating AI and machine learning with IIoT systems allows industries to gain insights from real-time data, improving decision-making capabilities.

Focus on Cybersecurity: As the number of connected devices increases, so does the potential vulnerability to cyberattacks. Ensuring robust cybersecurity measures within IIoT systems is becoming a top priority for businesses.

5G Connectivity: The rollout of 5G technology is enhancing the capabilities of IIoT by offering faster and more reliable communication between connected devices. This enables applications that require low latency, such as autonomous vehicles and real-time remote monitoring.

Sustainability and Energy Efficiency: Industries are increasingly adopting IIoT technologies to improve energy efficiency, reduce emissions, and support sustainability goals. Sensors and data analytics enable more efficient resource management, leading to reduced waste and energy consumption.

Industrial IoT Market Size and Share

The IIoT market is witnessing substantial growth across various regions, driven by technological advancements, an increasing number of connected devices, and the need for automation. The major industrial sectors benefiting from IIoT include manufacturing, energy, automotive, pharmaceuticals, and more. Businesses are investing heavily in IIoT to streamline their operations, reduce operational costs, and ensure more efficient use of resources.

The market is also being driven by increasing government initiatives aimed at fostering smart city projects, digital infrastructure, and sustainable industrial practices. As industries continue to digitize their operations, the demand for IIoT solutions is poised to grow exponentially.

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Industrial IoT Market Statistics

The global market value was USD 334.53 billion in 2022.

The market is expected to grow to USD 2,916.21 billion by 2031, with a CAGR of 27.2% during the forecast period (2023–2031).

North America holds a significant share of the market, driven by the adoption of advanced industrial technologies and the presence of key players like Cisco, IBM, and Honeywell.

Asia Pacific (APAC) is expected to witness the highest growth due to rapid industrialization, increasing investments in smart factories, and government support for smart manufacturing initiatives.

Regional Trends and Impact

North America: The North American region, particularly the United States and Canada, dominates the global IIoT market due to a robust manufacturing base, the presence of key technology companies, and early adoption of IoT-enabled technologies. The region’s focus on automation, smart factories, and energy efficiency has led to a high demand for IIoT solutions.

Asia Pacific (APAC): APAC is expected to witness the fastest growth in the IIoT market, primarily driven by the increasing industrialization in countries like China, Japan, and India. The region's push towards smart manufacturing, government initiatives supporting industrial automation, and rapid adoption of advanced technologies like AI, robotics, and 5G are propelling the growth of the IIoT market.

Europe: Europe is another key region for IIoT, driven by strong industrial sectors such as automotive, chemicals, and energy. The European Union’s focus on Industry 4.0 and digital transformation is increasing the demand for IIoT technologies across manufacturing, energy, and logistics.

LAMEA (Latin America, Middle East, and Africa): While still a developing market, the LAMEA region is showing significant potential for IIoT growth, especially in industries such as oil and gas, utilities, and agriculture. Increased investment in infrastructure and digitalization is expected to drive the demand for IIoT solutions in these regions.

Industrial IoT Market Segmentation

By Offering

Hardware:

Industrial Robots: These robots are essential for automating repetitive tasks in industries such as manufacturing and automotive, improving efficiency and reducing errors.

Industrial PC: Industrial PCs are used for data processing, monitoring, and control in industrial environments.

Industrial Sensors: Sensors play a critical role in collecting data from machines and devices to monitor conditions like temperature, pressure, and vibration.

Distributed Control System (DCS): DCS solutions enable centralized control of industrial processes, helping manage large-scale production systems.

Smart Meters: Smart meters are essential for monitoring and managing energy consumption in industries, contributing to energy efficiency.

Human Machine Interface (HMI): HMIs provide a visual interface for operators to interact with industrial control systems.

Control Devices: Devices that help regulate and control industrial processes, ensuring smooth operations.

Software: Software solutions in IIoT are used for data collection, processing, analytics, and visualization. These software tools enable industries to derive actionable insights from the vast amount of data generated by IIoT devices.

Services:

Training & Consulting Services: These services help organizations integrate IIoT technologies into their existing systems and operations.

Support and Maintenance Services: These services ensure that IIoT solutions continue to operate efficiently and without disruption.

By Connectivity

Wired Connectivity:

Ethernet: Provides high-speed, reliable data transmission for industrial applications.

Fieldbus: Used in process control systems for connecting field devices and control systems.

Wireless Connectivity:

Wi-Fi, Bluetooth, Cellular Connectivity, Satellite Connectivity: Wireless connectivity solutions offer flexibility and scalability for IIoT applications, especially in large industrial environments.

By End-use Industry

Aerospace and Defense

Automotive

Chemicals

Energy & Power

Food & Beverage

Metal and Mining

Oil & Gas

Pharmaceutical

Semiconductor & Electronics

Others (Healthcare, Water & Wastewater, etc.)

Each of these industries is increasingly adopting IIoT technologies to improve operational efficiency, ensure product quality, reduce costs, and enhance safety.

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/industrial-iot-market/segmentation

Top Players in the Industrial IoT Market

Several companies are leading the way in the IIoT market, providing innovative solutions and services:

Huawei Technology Co., Ltd.

Cisco

General Electric

Schneider Electric

Rockwell Automation

ABB

Texas Instruments

Honeywell

IBM

KUKA AG

NEC Corporation

Bosch

Siemens AG

SAP

Endress+Hauser

Accenture PLC

STMicroelectronics

These companies are at the forefront of developing and implementing IIoT solutions, helping industries to leverage IoT technologies for better efficiency, safety, and profitability.

Table of Contents for the Industrial IoT Market Report: https://straitsresearch.com/report/industrial-iot-market/toc

Conclusion

The Industrial IoT market is experiencing rapid growth as industries worldwide adopt connected devices, advanced analytics, and automation to enhance productivity, reduce costs, and improve decision-making. With significant investments in IIoT infrastructure, the market is poised to expand substantially in the coming years, especially in sectors such as manufacturing, energy, automotive, and pharmaceuticals. As technologies like AI, 5G, and edge computing continue to evolve, the potential for IIoT to drive industrial transformation will only increase, presenting enormous opportunities for businesses and industries to embrace the future of connected manufacturing and operations.

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[terresdebrume]

Nobody sent asks about the persocons AU but fuck it, I'm having visions at 11pm and doing anything more than typing away on the phone would be really unreasonable so here we go for a very short pile of Vibes

Ps: I'm using persocons in reference to the manga Chobits, as a shorthand way of saying that the boys in this are robots with a very solid mimicry of sentience going on + are a normal part of society but ALSO as a way to indicate to those in the know that we are fucking with the laws of robotics a little bit

"Thank you," says Vera as Edwin hands her the crate and the spitting mad cat it contains. "You're very kind."

Charles isn't so far gone yet that he doesn't catch the infinitesimal twitch of Edwin's lips. They're pretty nice lips, plopped in the middle of a classically nice face, paired with a neat haircut and what is probably a classically nice body under all the tweed. The PAYNE line was kind of designed for that, after all. Well, Charles doubts any designer ever planned for the tweed, but the broadly appealing features and physique were definitely discussed for at least ten years down in the bowels of Hilarion Inc. headquarters. All in all: not surprising Charles would look. He's only—well.

Out of the shadows where Charles lurks, Vera steps back towards the next service shaft and the upper levels of London. Edwin watches her go with near perfect immobility, but even Charles' factory-work-oriented eyes don't miss the relaxing in his jaw, the miniscule sag of his shoulders. Edwin, Charles is willing to bet, is satisfied with a job well done... Which means there is no reason for him not to smile when Edwin joins him at the back of the alley.

"She's right you know. You're proper kind."

He falls into step with his newly found work partner, smirking when Edwin throws him a sideway glance and looks back ahead.

"Do not be ridiculous. Kindness is a human trait, and I am not human."

"Plenty of us Robots grow emotions, you know."

Mainstream research currently holds that persocons happen over time. Owner misses a software adjustment here, shakes a bot's servers a little too hard there, and eventually that all messes with the auto-learning routines in ways unpredicted and unpredictable and boom: your fuck off tall toaster now has opinions. Charles, who gave himself a name before he was even out of the factory, would beg to differ if he didn't suspect that would get him shipped straight to the richest R&D department for a nice long play session with his programming. Not exactly an appealing prospect.

"So experience seems to indicate," Edwin says, sounding exceedingly prim. "I however, haven't. It would be illogical for you to pretend I did."

"Sure mate. No worries."

Edwin gives a little nod that Charles decides to go ahead and label as satisfied. He'll keep mum about the whole emotions thing, of course. No point in going against Edwin on it. It's just that he also knows it's a load of tosh, really, and he doesn't know it because of the way Edwin's lips twitch sometimes in response to what other people are saying. It's not because he took one look at Charles' crumbling state—the shot up voice modulator, the stringy red hair falling off his head, the long stripe of skin missing from his jaw to his collarbone—and took Charles under his wings. It's not even because Edwin gave himself a name.

It's because, well. Charles was built as a factory model. He has the specs for thousands of android parts running through his data banks at any given time and access to millions more with the internet. Edwin's eye covers—the pale green of his irises, specifically—haven't been on the market for the past sed venty three years, four months, one week and two days. A normal android his age would have been replaced a long time ago. Crucially: it wouldn't have given a shit.

That's kind of the thing with androids that work like they're supposed to: they mimick emotions real well—as much as the humans want them to, that is—but when the moment comes to have them recycled they treat it like any other day. 'Oh, you want to erase me from existence forever? Okay.' And then they go. But then once in a while, someone like Charles comes along: a defect, a bug in the machine. An everlasting problem to robotics engineer everywhere, whose position on the whole being recycled is a resounding:

"Fuck that."

That's how Charles knows Edwin isn't actually emotionless. Because no matter how many personality protocols he's actually got running—or shut down, really, he sounds like enough of a beautiful freak to actively have played with his own brains—when the time came to be recycled, it is abundantly clear that Edwin's answer in spite of any Robotics Law overrides was also no thank you.

And if Charles is lucky, one of these days, Edwin might even admit it.

[ironspine]

I think the most depressing thing is that we shouldn't have to be afraid of AI.

AI, on it's own, is actually pretty cool. And we CAN and SHOULD have been able to have it without risking all these terrible versions of the future you see in clickbait youtube videos. AI should have been this interesting philosophical problem, that encouraged a wave of books about the ethics of sentience and robot labor. AI should have been the cause of celebrations, because maybe it will end up being useful for jobs that humans can't do well.

AI isn't really likely to turn evil and destroy the world. Yeah, that's definitely something to consider, but we aren't in a place where we have to worry about that yet.

AI face detection isn't inevitably evil, it's just almost inevitably going to be used in evil ways. In 20 years or so when corporations use their cameras to track your every move so they can market to you, that's going to be because corporations are awful and the government is not adapting well to regulating the internet. In some alternate world, AI face detection could be an innovative new way to use ID, one that cant be falsified or lost.

AI shuffling through the internet like an omnipresent spider isn't inherently bad. What's bad is that it uses what it finds to make dumb, unethical art, because that's where the money is. But in another world, AI's ability to analyze data could be used by scientists to find patterns in society and point to areas that need to be researched. It could also be used to evaluate sources, and disclose biases/conflicts of interests. Some schools are using it to detect plagiarism even now.

AI being able to do work that previously required humans shouldn't be scary. We should be excitedly welcoming in an era where humans no longer have to work to survive. We should be having televised councils of people debating ideas for how to restructure society when having a job is no longer required.

And AI's water consumption shouldn't have been a problem, because the people in charge should have massively scaled back once they realized the cost. They should have put AI on hold immediately, and started researching ways to either compensate for the water loss, or to reqiure less.

AI is not the problem. It is a tool, and as such, morally neutral. The ways it is being used are the problem. The people who are controlling it are the problem. If your society is structured so that the people in power cannot be held accountable, then every new tool, every innovation, only magnifies and expands their power. But if your society is structured where quality of life and ethics are valued highest, those tools become amazing, wonderful things. They become gifts, from humanity to humanity, that expand our ability to live good lives and take care of our environment.

We don't have to fight the future, we have to fight for the future.

[wolfliving]

Strange Chinese trade-war recommendations at US Congress

COMPREHENSIVE LIST OF THE COMMISSION’S 2024 RECOMMENDATIONS Part II: Technology and Consumer Product Opportunities and Risks Chapter 3: U.S.-China Competition in Emerging Technologies The Commission recommends:

Congress establish and fund a Manhattan Project-like program dedicated to racing to and acquiring an Artificial General Intelligence (AGI) capability. AGI is generally defined as systems that are as good as or better than human capabilities across all cognitive domains and would surpass the sharpest human minds at every task. Among the specific actions the Commission recommends for Congress:

Provide broad multiyear contracting authority to the executive branch and associated funding for leading artificial intelligence, cloud, and data center companies and others to advance the stated policy at a pace and scale consistent with the goal of U.S. AGI leadership; and

Direct the U.S. secretary of defense to provide a Defense Priorities and Allocations System ���DX Rating” to items in the artificial intelligence ecosystem to ensure this project receives national priority.

Congress consider legislation to:

Require prior approval and ongoing oversight of Chinese involvement in biotechnology companies engaged in operations in the United States, including research or other related transactions. Such approval and oversight operations shall be conducted by the U.S. Department of Health and Human Services in consultation with other appropriate governmental entities. In identifying the involvement of Chinese entities or interests in the U.S. biotechnology sector, Congress should include firms and persons: ○ Engaged in genomic research; ○ Evaluating and/or reporting on genetic data, including for medical or therapeutic purposes or ancestral documentation; ○ Participating in pharmaceutical development; ○ Involved with U.S. colleges and universities; and ○ Involved with federal, state, or local governments or agen cies and departments.

Support significant Federal Government investments in biotechnology in the United States and with U.S. entities at every level of the technology development cycle and supply chain, from basic research through product development and market deployment, including investments in intermediate services capacity and equipment manufacturing capacity.

To protect U.S. economic and national security interests, Congress consider legislation to restrict or ban the importation of certain technologies and services controlled by Chinese entities, including:

Autonomous humanoid robots with advanced capabilities of (i) dexterity, (ii) locomotion, and (iii) intelligence; and

Energy infrastructure products that involve remote servicing, maintenance, or monitoring capabilities, such as load balancing and other batteries supporting the electrical grid, batteries used as backup systems for industrial facilities and/ or critical infrastructure, and transformers and associated equipment.

Congress encourage the Administration’s ongoing rulemaking efforts regarding “connected vehicles” to cover industrial machinery, Internet of Things devices, appliances, and other connected devices produced by Chinese entities or including Chinese technologies that can be accessed, serviced, maintained, or updated remotely or through physical updates.

Congress enact legislation prohibiting granting seats on boards of directors and information rights to China-based investors in strategic technology sectors. Allowing foreign investors to hold seats and observer seats on the boards of U.S. technology start-ups provides them with sensitive strategic information, which could be leveraged to gain competitive advantages. Prohibiting this practice would protect intellectual property and ensure that U.S. technological advances are not compromised. It would also reduce the risk of corporate espionage, safeguarding America’s leadership in emerging technologies.

Congress establish that:

The U.S. government will unilaterally or with key interna- tional partners seek to vertically integrate in the develop- ment and commercialization of quantum technology.

Federal Government investments in quantum technology support every level of the technology development cycle and supply chain from basic research through product development and market deployment, including investments in intermediate services capacity.

The Office of Science and Technology Policy, in consultation with appropriate agencies and experts, develop a Quantum Technology Supply Chain Roadmap to ensure that the United States coordinates outbound investment, U.S. critical supply chain assessments, the activities of the Committee on Foreign Investment in the United States (CFIUS), and federally supported research activities to ensure that the United States, along with key allies and partners, will lead in this critical technology and not advance Chinese capabilities and development....

[lets-zofifi-stuff]

Foxy, the reason for Roxy's self doubts

I wasn't very found of the idea that there was never any Foxy animatronic at megapizzaplex. Because it would be simply boring. But I changed my mind.

Hear me out.

If there was no Foxy, that mean when they were putting together a new animatronic band, thay made a decision to change one thing. It was always the same squad, Freddy, Bonnie, Foxy and Chika. But the menagement decied to do something new this time.

You know how it works. Perhaps they wanted there to be two "girl animatronic" on the band. And maybe market research told them that kids consider wolfs cooler than foxes. And maybe even they thought (without teling it out loud) that female wolf will pull them some adults that will consider her atractive or whatever.

So they featured Roxy instead.

But you also know how fans can get with changes like that.

Imagine now what if

What if she had to face hate simply because she was not Foxy? Simply because the PR team decided it will be marketable idea to make her "a girl" and "a wolf", and suddely so many people are giving her crap for a cosmetic change that she had no inluence over?

What if she had to constanly hear she is not as good as Foxy? That she as the only glamrock had to win over the fanbase when the rest of them had an pre-established one?

She had to proove she is as good as Foxy. No, BETTER!

The popularity is life for robot entertainers. (Look what happened to Bonnie).

Ever since she came to being she had to face resentment, and fight for her right to exist, with the animatronic THAT WAS NEVER EVEN CREATED IN THE FIRST PLACE.

And then, the company builds a kids cove. Someone on the internet brought to my attention that the cove looks less like an old demonted area, but like something new that was left empty and unfinished until it could be decided of they want to follow up with the idea.

And there was the Foxy themed log ride, that had been constructed but never finished.

So perhaps the menagment HAD some plans of putting there Foxy. Maybe at first he would not be on the band. Maybe he would be like Monty before his promotion to glamrock.

And just like Monty, there was a risk he would eventually jump in Roxy's place, if he turned out more popular.

At least that what Roxy would think after learning about the potential of Plex Foxy finally baing made.

Oh boy, she has every reason to be a mess.

[market-insider]

5G Systems Integration Market Driven By Increase Investments In U.S., China, And Japan

The global 5G systems integration market size is estimated to reach USD 62.69 billion by 2030, registering a CAGR of 27.3% from 2022 to 2030, according to a new study by Grand View Research, Inc. Robust increase in the investments to deploy 5G network infrastructures across key countries, such as U.S., China, and Japan, has created the demand for integrating entire fifth generation infrastructure and applications across enterprises. This process will help enterprises to work as a centralized platform that will assist in reducing overall complexity. Thus, robust investments in building fifth-generation infrastructure, coupled with the growing need to set up a 5G-enabled ecosystem, are estimated to propel market growth.

Rapidly building smart cities have surged the adoption of numerous Internet of Things (IoT) devices across the globe. IoT devices require enhanced bandwidth to function appropriately. Thus, in order to provide high-speed broadband by supporting fifth-generation New Radio (NR), such as sub-6GHz and mmWave frequency bands, the entire infrastructure across these smart cities need to be upgraded in line with supporting fifth-generation radio network. Therefore, it is further estimated to boost the market growth from 2022 to 2030.

Gain deeper insights on the market and receive your free copy with TOC now @: 5G Systems Integration Market Report

Moreover, with the evolution of industry 4.0, the adoption of industrial sensors and collaborative robots is gaining popularity in the manufacturing sector across the globe. Therefore, to deliver seamless network connectivity to these above-mentioned devices, it is anticipated to raise the demand for 5G system integration services to make entire manufacturing facilities compatible with supporting next-generation 5G NR.

Rapidly rising digital transformation has disrupted the entire operation of the manufacturing industry. This has increased the trend of the machine-to-machine (M2M) communications to increase overall productivity as well as streamline the whole process. As a result, this has further expanded the need for high broadband to deliver uninterrupted connectivity to industrial sensors and robots. Therefore, the growing need for high broadband connectivity to establish seamless communication between machines is expected to elevate the demand for 5G system integration services in the next few years.

Furthermore, with the emergence of new technologies, such as network slicing and software-defined networking (SDN), the adoption of 5G system integration will witness a rapid surge to reduce overall enterprise infrastructure costs. Moreover, highly trained professionals must implement and manage the fifth-generation system integration services. This is anticipated to hinder market growth over the forecast period.

[ttciot]

Shengrun Technology launches SIP Bluetooth chip, leading the new trend of IoT technology

On January 9, 2025, Shengrun Technology officially launched the SIP Bluetooth chip using a new packaging process. This chip is not only smaller in size and simpler in peripheral components and circuits, but also achieves a double improvement in overall performance and cost-effectiveness, bringing a new solution to the IoT market.

Shengrun Technology has been committed to technological innovation and product development in the field of wireless communications. The SIP Bluetooth chip released this time is undoubtedly another major breakthrough for the company in Bluetooth technology. Compared with traditional Bluetooth modules, SIP (System In Package) chips have greatly reduced their size through highly integrated design, allowing equipment manufacturers to design miniaturized and lightweight electronic products more flexibly. At the same time, the simplification of peripheral components and circuits also reduces the cost of production and maintenance, and improves the market competitiveness of products.

This Bluetooth chip has a wide range of applications.

Sports and health: sports bracelets, pedometers, sports metering (running, cycling, golf)

Smart home: socket modification, remote control switches, dimming and color-adjusting lighting, door locks, curtains, thermometers and hygrometers, smart scales, environmental smoke detectors, pet supervision.

Health and medical: medical testing/tracking (heart rate, blood pressure, blood oxygen, pulse, body temperature).

Infant care: real-time body temperature detection, smart cribs, anti-loss.

Toys: interactive remote control toys, robots, aircraft, toy cars, anti-loss devices.

Automotive electronics: tire pressure detection, car automatic locks, parking space records, electric vehicle anti-theft devices, data collection and monitoring.

Human-machine interface: HID keyboard, mouse, remote control, handle.

In addition to the SIP Bluetooth chip, Shengrun Technology also revealed that it will gradually launch a series of new wireless communication modules such as WIFI+SIP chip, Zigbee+SIP chip, UWB (Ultra Wideband)+SIP chip in the future. These modules will combine the advantages of SIP technology to further improve the performance and cost-effectiveness of various wireless communication technologies, and provide strong support for the diversified development of the Internet of Things market.

Shengrun Technology's SIP Bluetooth chips have been initially applied in smart homes, wearable devices, medical electronics and other fields, and have won unanimous praise from customers. With the launch of more SIP wireless communication modules in the future, Shengrun Technology is expected to become one of the leading companies in promoting the development of the industry.

The successful holding of this new product launch conference not only demonstrated Shengrun Technology's strong strength in technological innovation and product research and development, but also injected new vitality into the future development of the Internet of Things market. We look forward to Shengrun Technology continuing to leverage its own advantages to bring more high-quality and efficient products and services to the market.

[global-research-report]

Empower Your Workforce with Professional Services Automation Tools

The global professional services automation software market size is expected to reach USD 25.25 billion by 2030, expanding at a CAGR of 11.9% from 2024 to 2030, according to a new study conducted by Grand View Research, Inc. Increasing usage of advanced technologies such as machine learning, artificial intelligence, and robotic process automation (RPA) in Professional Services Solutions (PSA) for making profitable decisions in businesses is creating robust market opportunities.

With these technologies, market players are helping various organizations for automating different business processes. Furthermore, big data analytics technology, coupled with the internet of things (IoT), increases professional services automation software’s overall productivity, contributing to the professional services automation software market growth. The professional services automation software market is anticipated to expand significantly due to increasing enterprises’ preference for professional services automation software to manage and monitor resource utilization.

Enterprises from the various industrial sector are partnering with PSA vendors for PSA solution deployment for their resource management operations. For instance, in January 2022, workgraph company, Soroco collaborated with the automation business of Information Services Group (ISG), ISG Automation to help its clients in accelerating their digital transformation by providing PSA services. The ISG Automation will provide its portfolio for advisory and implementation services including proof-of-concept deployments, software bots’ integration, and other train & managed services.

Rapid developments in advanced technologies and the growing popularity of PSA solutions are encouraging various companies to enter the professional services automation software market to enhance their business growth. Startups operating in the professional services automation software market are highly emphasizing participating in funding rounds to raise funds and strengthen their brand presence. For instance, in July 2021, a Remote IT management and professional services automation software company in Israel, Atera, raised USD 77 million in a Series B financing round led by K1 Investment Management and General Atlantic. The company will use this funding to expand its service offerings in automation software and business operations in untapped global markets.

Professional Services Automation Software Market Report Highlights

Business analytics segment is anticipated to reach USD 2,455.9 million by 2030. With automation in business analytics, organizations are making data-driven decisions and achieving greater profitability in their businesses, supporting the market growth

Marketing and communication segment is set to register a CAGR of 13.9% through 2030 owing to the increasing adoption of professional services automation software by marketing firms to automate their various time-consuming tasks and decrease the product time to market. These marketing and communication firms are focusing on establishing long-term partnerships with market players for cost optimization

Cloud integrations segment is expected to dominate the market with a share of USD 14,728.5 million in 2030. PSA software implementation through cloud integrations offers various benefits to organizations such as multiple cloud environment management through a single platform, reduction of manual intervention, workflow optimization, and enabling businesses to adopt the changing technology landscape, driving the segment growth

Small & medium enterprise segment is anticipated to expand at the highest CAGR of 13.6% from 2023 to 2030. Small & medium-sized enterprises are using PSA solutions for process time management, automating various tasks to allow employees to focus on other important works and control unnecessary spending of the company, thereby contributing to the professional services automation software market size expansion

Asia Pacific professional services automation software market is expected to register a rising CAGR of 14.0% through 2030 owing to the region's rapid digitalization and emerging startups. Supportive government initiatives for the software industry and the emergence of digital economies create a positive market outlook

Professional Services Automation Software Market Segmentation

Grand View Research has segmented the global professional services automation software market report based on component, solutions, services, deployment, enterprise size, application, and region

Professional Services Automation Software Component Outlook (Revenue, USD Billion, 2018 - 2030)

Solutions

Services

Professional Services Automation Software Solutions Outlook (Revenue, USD Billion, 2018 - 2030)

Project Management

Project Accounting

Billing & Invoice Management

Resource Management

Timesheet & Expense Management

Project Analytics

Opportunity Management

Contract Management

Others (Knowledge Management and Others)

Professional Services Automation Software Services Outlook (Revenue, USD Billion, 2018 - 2030)

System Integration Services

Consulting

Training and Support

Professional Services Automation Software Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

Cloud

On-premise

Professional Services Automation Software Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

Large Enterprises

Small & Medium Enterprises

Professional Services Automation Software Application Outlook (Revenue, USD Billion, 2018 - 2030)

Consulting Firms

Marketing and Communication Companies

Technology Companies

Architecture, Engineering, and Construction Companies

Audit and Accounting Firms

Scientific Research and Development Companies

Legal Services

Others

Professional Services Automation Software Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Europe

Germany

UK

France

Italy

Asia Pacific

China

Japan

India

Australia

Singapore

South Korea

Latin America

Brazil

Mexico

Middle East and Africa (MEA)

South Africa

Saudi Arabia

UAE

List of Key Players

Autotask Corporation

Atlassian

BMC Software, Inc.

ConnectWise, Inc.

Deltek, Inc.

com

Kimble Apps

Klient, Inc,

Microsoft Corporation

NetSuite OpenAir, Inc.

Oracle Corporation

Planview

PROJECTOR PSA  

SAP SE

Upland Software, Inc.

Workday, Inc.

Order a free sample PDF of the Professional Services Automation Software Market Intelligence Study, published by Grand View Research.

[aionlinemoney]

Top AI innovation: Staying Ahead of Trends & artificial intelligence advancements

Artificial Intelligence (AI) is vast and is no longer a futuristic concept for us, it has become an essential and important part of everyday life, driving innovation & advancement across multiple industries. AI’s transformative, effective impact can be seen in various sectors like finance, healthcare, retail, education, and more, where it saves time, and enhances productivity, decision-making, and efficiency. With such a rapid boost in internet use, artificial intelligence advancements, and new AI applications emerging consistently, it can be challenging to keep up with the latest trends and breakthroughs.

So stay calm and fresh, today we will explore how you can stay updated on AI trends in this AI era, why AI is important, and where we can find the best resources for learning about the top AI innovations.

Why is it Important to stay Updated on AI Trends ? 

AI is advanced and capable of understanding things and researching in seconds. AI is often compared to electricity because of its potential to transform every aspect of modern life within seconds or after research. From small to big smart devices to advanced self-driving cars, AI is at the heart of innovations that reconstruct, and reshape industries daily. However, this rapid pace of development also comes with the new challenge of keeping track of the latest and Top AI innovations.��

As AI continues to rise and evolve, staying updated and informed about AI, working is not just about keeping up with the news but also understanding how these Artificial intelligence advancements impact your industry or area of interest. Whether you are a developer, a business professional, or a student, knowing what is happening in the AI field can provide you with a competitive edge over others, allowing you to integrate the latest technologies and strategies into your work.

The Challenges of Keeping Track of AI Developments

AI has become an important part of the life in today’s era. One of the main challenges in tracking AI developments is the speed at which new information becomes available. AI technologies are progressing at an unprecedented rate, with innovations spanning across machine learning, natural language processing, robotics, and autonomous systems. This makes it difficult for people to keep track of AI developments unless they have dedicated tools and resources in place.

Another challenge is filtering out noise from valuable information. While there are countless platforms, blogs, and articles about AI, not all of them provide in-depth analysis or actionable insights. To truly keep track of AI developments, it is necessary to rely on trustworthy and well-curated resources. Whether it’s subscribing to AI-focused newsletters, attending webinars, or following experts in the field, a structured approach to learning about AI will help ensure you don’t miss key breakthroughs.

Top AI Innovations Across Industries

AI is being applied across various industries, bringing innovative solutions and transforming traditional business models. The top AI innovations driving change in sectors like retail, healthcare, finance, and education are paving the way for smarter, more efficient systems.

1. AI in Retail

Retail is one of the sectors that has greatly benefited from artificial intelligence advancements. AI-powered recommendation engines, personalized shopping experiences, and customer service chatbots are just a few examples of how AI is reshaping the retail landscape. Retailers use AI to analyze customer data and predict preferences, which helps them tailor marketing strategies, optimize inventory management, and improve the overall customer experience.

AI-driven tools also enable retailers to track customer behavior and provide targeted promotions, boosting sales and enhancing brand loyalty. As the AI ecosystem in retail continues to evolve, staying updated on AI innovations like augmented reality shopping and drone deliveries will be crucial for businesses aiming to stay competitive.

2. AI in Healthcare

In healthcare, AI innovations are revolutionizing diagnosis, treatment planning, and patient care. AI-powered algorithms are helping doctors analyze medical data more accurately, enabling early detection of diseases such as cancer and heart conditions. Machine learning models can sift through vast amounts of medical records, identifying patterns that may not be immediately apparent to human clinicians.

AI is also being used in drug discovery, reducing the time and cost associated with developing new treatments. These advancements are accelerating the development of personalized medicine, where treatments are tailored to individual patients’ genetic profiles, improving outcomes and minimizing side effects.

3. top AI innovations in Autonomous Vehicles

The automotive industry is one of the most visible sectors impacted by artificial intelligence advancements. Autonomous vehicles, powered by AI, are expected to revolutionize transportation by making driving safer and more efficient. AI systems enable these vehicles to process vast amounts of sensor data in real time, allowing them to make split-second decisions, navigate complex environments, and avoid accidents.

Self-driving cars are already in development by several major companies, and while we may not see fully autonomous vehicles on the roads just yet, the underlying AI technology is advancing rapidly. By staying updated on AI trends in the automotive sector, companies and individuals can better understand how autonomous vehicles will shape the future of transportation.

4. Top AI innovations in Financial Services

AI is also playing a crucial role in financial services. From fraud detection to risk management, AI technologies are helping financial institutions optimize their operations and enhance customer experience. AI models can analyze customer behavior and predict future financial trends, helping banks offer personalized services like customized investment portfolios or credit score assessments.

Additionally, AI advancements are enabling better compliance with regulatory requirements, automating tasks like reporting and data management, which previously took up significant time and resources. As AI continues to evolve, it will unlock even more opportunities for efficiency and innovation in the finance industry.

How to Stay Updated on AI Trends

The question is How to keep track of AI developments ? Keeping up with the rapid pace of artificial intelligence advancements can feel overwhelming, but there are several effective strategies to help you stay informed. Below are some key ways to stay updated on AI trends:

1. Subscribe to Blogs / Newsletters

One of the best ways to keep track of AI developments is by subscribing to blogs / newsletters that curate the latest research, articles, and product updates in AI. Newsletters such as The Algorithm by MIT Technology Review and The Rundown AI offer daily and weekly summaries of important AI news and breakthroughs. These resources ensure that you don’t miss out on key updates in the field.

2. Follow Thought Leaders and Experts

Social media platforms like Twitter (X) and LinkedIn are excellent resources for staying up-to-date on AI trends. Following industry leaders like Andrew Ng, Yann LeCun, and Jerry Liu will give you direct access to real-time updates on AI innovations. These experts share valuable insights, research papers, and commentary on how AI is shaping the future of various industries.

3. Attend Webinars and Conferences

Webinars and conferences are great platforms for learning about the latest artificial intelligence advancements directly from experts. Many organizations and universities host free or paid events that dive deep into AI topics, providing opportunities for networking and hands-on learning. Platforms like Coursera and edX also offer AI-related courses and workshops that can help you gain practical knowledge about the latest technologies.

4. Join AI Communities and Forums

Engaging with AI communities on platforms like Reddit, GitHub, and AI-specific forums is another great way to stay updated on the latest developments. These communities provide a space for discussions, sharing research papers, and collaborating on projects. Being an active member of these communities will help you gain insights into upcoming trends and breakthroughs before they become mainstream.

5. Use AI Tools for Tracking Developments

There are AI tools designed to help you stay updated on AI trends by providing personalized news feeds. These tools aggregate the latest research papers, news articles, and developments in AI, ensuring that you can access them in one place. Popular platforms like Google Scholar and ResearchGate allow you to follow specific topics, researchers, and journals related to AI.

Resources for Learning AI Trends

To stay updated on AI trends effectively, it’s essential to rely on trusted resources that offer a balance of depth and breadth. While newsletters, podcasts, and social media are key sources of information, dedicated platforms and websites like Towards Data Science, AI conferences, and AI research organizations are invaluable for learning in-depth about emerging AI technologies. Engaging with these resources will give you a comprehensive understanding of how artificial intelligence advancements are unfolding and how you can integrate them into your work or studies.

Conclusion

AI is a transformative force in industries worldwide, driving innovation and operational efficiency. Staying updated on AI trends is not only crucial for professionals in the tech field but also for businesses seeking to adopt the latest AI technologies to stay competitive. By leveraging a combination of newsletters, expert-led podcasts, social media, and AI communities, you can effectively keep track of AI developments and stay updated on AI trends.

The key to navigating the ever-evolving AI landscape is not to be overwhelmed by the sheer volume of information but to be strategic about the resources you rely on. With a structured approach and the right resources, you can ensure you remain informed about the top AI innovations that are shaping the future of industries and society.

[stevecarell600]

Digital Shipyard Market Size, Share, Trends Overview & Demand Insights by 2032

The global digital shipyard market size was USD 963.6 million in 2020. The market is projected to grow from USD 1,129.6 million in 2021 to USD 3,444.5 million in 2028 at a CAGR of 17.27% in the 2021-2028 period. This information is provided by Fortune Business Insights™, in its report, titled, “Digital Shipyard Market, 2021-2028.” As per our analysts, the growing demand for modernization in shipbuilding is anticipated to bolster the growth of the digital shipyard market.

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The digital shipyard market has seen significant growth in recent years as a result of the increasing adoption of digital technologies in the shipbuilding industry. Digital shipyards use advanced technologies such as digital twin, artificial intelligence, robotics, and automation to optimize production processes and improve the efficiency of shipbuilding operations. The benefits of digital shipyards include reduced production time and costs, improved quality and safety, and increased flexibility and customization. The market is expected to continue growing in the coming years, driven by the increasing demand for more efficient and cost-effective shipbuilding solutions, as well as the continued development of advanced digital technologies. Additionally, the growing focus on sustainability in the shipping industry is also expected to drive the adoption of digital shipyards, as these technologies can help reduce the environmental impact of shipbuilding operations.

List of Key Players Covered in the Report

IFS AB (Sweden)

Pemamek Oy (Finland)

Dassault Systemes (France)

BAE Systems (U.K.)

Altair Engineering, Inc. (U.S.)

AVEVA Group Plc (U.K.)

Wartsila (Finland)

KUKA AG (Germany)

Damen Shipyards Group (Netherlands)

Prostep AG (Germany)

Report Coverage

The report presents insightful visions gained by methodical study done by our researchers. A wide-ranging research was directed to deliver the assessed size of the digital shipyard market. The data utilized to project the shares for multiple segments at the country, regional, and global levels are attained from methodical interviews with various stakeholders. Furthermore, we have attained admittance to numerous global and regional paid databases to deliver accurate information to make business investment choices effortless for you.

Driving Factors

Augmented Utilization of Industrial Internet of Things (IIoT) in Shipbuilding Industry to Spur Growth

The digital shipyard utilizes the IIoT to refine its decision-making competencies for manufacturing courses by amalgamating the communication proficiencies of the IoT with machine learning and big data. Furthermore, the increasing usage of IIoT in the shipbuilding industry to amplify production, decline downtime, and augment operational effectiveness, is projected to fuel the digital shipyard market growth.

Segmentation

On the basis of shipyard type, the market is segregated into commercial and military.

In terms of technology platform, the market is categorized into robotic process automation, additive manufacturing, artificial intelligence and big data analytics, digital twin, blockchain, industrial Internet of Things (IIOT), and others. The robotic process automation segment is predicted to lead the market in 2020 owing to the surging demand for automation of numerous ship manufacturing methods such as welding, cutting, painting, and others.

In regards of digitalization Level, the market is classified into semi digital shipyard and fully-digital shipyard.

The global market is branched into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Regional Insights

Asia Pacific Held Maximum Shares Stoked by

Asia Pacific is estimated to hold the highest digital shipyard market share with size of USD 323.3 million in 2020 and is anticipated to grow at a higher compound annual growth rate through the projection period.

The digital shipyard market in Europe will expand rapidly led by the increasing investments by European shipbuilders towards the adoption of automated robotic technology in shipbuilding.  

North America segment is expected to increase owing to the growing research and development activities by the prime players such as Altair Engineering Inc. and others for digitalization of shipyards. 3

Competitive Landscape

Groundbreaking Product Launch Declarations by Prime Players to Bolster Market Growth

The fundamental players implement numerous tactics to spur their position in the market as leading companies. One such prime strategy is procuring companies to foster the brand value among users. Another effective tactic is intermittently launching groundbreaking products with a methodical study of the market and its target audience.

Industry Development

June 2021: Drydocks World unveiled a project of digital transformation to augment effective yield. The company declared to use IFS Cloud for asset management and resource planning, refining its systems and arranging the foundation for a digital shipyard transition.

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Challenges and Opportunities in the Industrial Internet of Things Market

The global industrial internet of things market size is anticipated to reach USD 1,693.30 billion by 2030 and projected to grow at a CAGR of 23.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is being driven by a significant focus on predictive maintenance, automation, and efficient supply chain management across various industrial sectors, particularly manufacturing. Many organizations have acknowledged the advantages of integrating industrial IoT to enhance productivity and have implemented a variety of advanced Industrial IoT solutions using compatible hardware, such as actuators and sensors, along with software. This has contributed to the market growth.

Companies are involved in strategic partnerships and collaborations and are allocating substantial resources towards research and development to drive innovation and to stay competitive in the industry. For instance, in February 2024, Digi International Inc. introduced the Digi IX40, a 5G edge computing industrial IoT cellular router solution. The Digi IX40 is specifically designed for Industry 4.0 applications, including advanced robotics, predictive maintenance, asset monitoring, industrial automation, and smart manufacturing. Such strategies by market players are anticipated to augment the market growth in the coming years.

The increasing application of M2M across various industries, such as automotive, smart cars, utilities, smart grids, home automation, healthcare, and security, is expected to drive the adoption of industrial IoT across businesses. The data collected by OT, M2M, and IoT systems is expected to integrate both operational and informational technology, thereby opening new insights to innovate the decision-making process.

The adoption of sensors and distributed control systems will help to control and manage work processes and automate management processes for all industrial operations. As a result, the demand for implementing sensors and DCS in various business operations will increase annually. Thus, there is a global increase in the need for sensors and DCS due to multiple associated advantages, which is driving the market growth in the coming years.

Gather more insights about the market drivers, restrains and growth of the Industrial Internet of Things Market

Industrial Internet of Things Market Report Highlights

• Based on component, the services segment is anticipated to grow at the fastest CAGR from 2024 to 2030, owing to a significant increase in the number of connected gadgets

• Based on end use, the manufacturing sub-segment led the market with the largest revenue share of 18.22% in 2023, as companies are rapidly adopting digital manufacturing technologies, while logistics & transport segment is anticipated to grow at the fastest CAGR from 2024 to 2030

• North America accounted for the largest revenue share of 32.0% in 2023, closely followed by Europe owing to the early adoption and implementation of industrial internet of things technology

• In May 2024, Proxgy, an industrial internet of things startup, launched a satellite-based smart lock locator, designed for the transportation and logistics industry. The smart lock comes with state-of-the-art features, including real-time tamper alerts, geofencing, geolocation tracking, RFID and NFC smart key unlock, and remote lock/unlock capabilities

Industrial Internet of Things Market Segmentation

Grand View Research has segmented the global industrial internet of things market report based on component, end use, software, connectivity technology, device and technology, and region.

Industrial Internet of Things Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware

• Solution

o Remote Monitoring

o Data Management

o Analytics

o Security Solutions

o Others

• Services

o Professional

o Managed

• Platform

o Connectivity Management

o Application Management

o Device Management

Industrial Internet of Things End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Aviation

• Metal & Mining

• Chemical

• Manufacturing

• Energy & Power

• Smart Grids

• Oil & Gas

• Healthcare

• Logistics & Transport

o Intelligent Signaling System

o Video Analytics

o Incident Detection System

o Route Scheduling Guidance System

• Agriculture

o Precision Farming

o Livestock Monitoring

o Smart Greenhouses

o Fish Farming

• Retail

o Point of Sales

o Interactive Kiosks

o Self-Checkout Systems

• Others

Industrial Internet of Things Software Outlook (Revenue, USD Million, 2018 - 2030)

• Product Lifecycle Management

• Manufacturing Execution Systems

• SCADA

• Outage Management Systems

• Distribution Management Systems

• Remote Patent Monitoring

• Retail Management Software

• Visualization Software

• Transit Management Systems

• Farm Management Systems

Industrial Internet of Things Connectivity Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Wired Technology

o Ethernet

o Foundation Fieldbus

• Wireless Technology

o Wi-Fi

o Bluetooth

o Cellular Technologies

o Satellite Technologies

Industrial Internet of Things Device and Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Sensors

• Radio Frequency Identification (RFID)

• Industrial Robotics

• Distributed Control Systems

• Condition Monitoring

• Smart Meters

• Electronic Shelf Labels

• Cameras

• Smart Beacons

• Interface Boards

• Yield Monitors

• Guidance & Steering

• GPS/GNSS

• Flow & Application Control Devices

• Networking Technology

Industrial Internet of Things Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o UK

o France

o Italy

o Spain

o Benelux

o Nordics

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

o Chile

o Peru

• Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Industrial Internet of Things Market Intelligence Study, published by Grand View Research.

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Why the RF Antennas Market Is a Game-Changer for Communication Systems

The global RF antennas market is experiencing unprecedented growth, driven by increasing demands for wireless communication across diverse industries. RF antennas, essential for transmitting and receiving radio frequency signals, play a pivotal role in telecommunications, consumer electronics, automotive, aerospace, and industrial applications. Valued at USD 2.7 billion in 2023, the RF antennas market is projected to reach USD 6.4 billion by 2034, advancing at a compound annual growth rate (CAGR) of 7.99%.

As industries embrace digital transformation, RF antennas are set to be the backbone of connectivity, powering next-generation technologies like 6G, satellite communications, and advanced driver-assistance systems (ADAS).

Visit our report to explore critical insights and analysis – https://www.transparencymarketresearch.com/rf-antennas-market.html

Key Drivers

Surge in IoT Applications The rapid growth of the Internet of Things (IoT) is significantly propelling the demand for RF antennas. From industrial automation to smart sensors and asset tracking systems, industries rely on RF antennas to enable reliable, real-time wireless communication. Innovations like multi-band and wideband RF antennas are catering to diverse IoT needs, enhancing operational efficiency and productivity.

Advancements in Wireless Communication Standards The evolution of wireless standards, particularly the global rollout of 5G networks, is driving demand for high-performance RF antennas. Modern applications require antennas capable of operating at higher frequencies, supporting MIMO (Multiple Input, Multiple Output) technologies, and facilitating beamforming. These capabilities enhance network performance, offering better signal quality and increased data throughput in both urban and industrial environments.

Demand in Industrial Applications The industrial segment accounted for a 55.4% market share in 2023 and is projected to grow steadily. RF antennas are integral to industrial IoT (IIoT), enabling seamless communication in applications such as SCADA systems, wireless sensor networks, robotics, telemetry, and condition monitoring. As smart factories continue to gain momentum, the demand for RF antennas will soar.

Key Player Strategies

The RF antennas market is moderately consolidated, with leading players focusing on innovation and strategic partnerships. Notable developments include:

Qualcomm: In May 2024, Qualcomm unveiled its latest 5G antenna technology, featuring advanced beamforming capabilities to enhance connectivity and signal performance.

Boeing and NASA: In April 2024, these organizations introduced a groundbreaking RF antenna for deep-space communication as part of NASA's Artemis program, highlighting the growing importance of RF technologies in space exploration.

Other key players include Abracon LLC, Analog Devices Inc., Infineon Technologies AG, Microchip Technology Inc., Murata Manufacturing Co., Ltd., and NXP Semiconductors. These companies are expanding their product portfolios, forging collaborations, and investing in acquisitions to stay competitive.

Market Trends

Key trends shaping the RF antennas market include:

Adoption of phased-array antennas for enhanced coverage and minimal interference.

Integration of AI and machine learning to optimize antenna performance.

Growing use of RF antennas in autonomous vehicles, telemedicine, and satellite communications.

Development of eco-friendly and energy-efficient antenna designs.

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Transparency Market Research Inc.

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✨ Happy New Year 2025! ✨

Today begins a new chapter full of possibilities, dreams, opportunities, hopes and blessings. This is the perfect time to leave behind what no longer serves us and embrace everything that inspires and motivates us

2025 is a blank book, let's make every page count! 🌟

I wish everyone a year full of health, work, money, love, peace and purpose. May hope never be lacking in your hearts and may everyone find the way to achieve their dreams. This 2025, let's move forward together with faith, gratitude and optimism

Yesterday, on New Year's Eve, New Year's Eve, New Year's Eve 2024, you had a good time, having dinner and playing with your family and friends

Yesterday, December 31, is the last day of the month and year

Today, January 1, is the first day of the month and year

12 months of the year and 365 days

Happy New Year

Happy 2025

Happy New Year 2025

Happy and prosperous New Year

Happy New Year 2025 to all my family, friends, acquaintances, clients, partners, colleagues from schools and work, directors, management and administrative staff and teachers from schools and companies, neighbors, brothers from the church and godparents, blessings and above all, good health. I thank God for allowing me to be here enjoying my parents, my grandmother and my brother

My independent company Macrosoft Computing or Fernando de Jesús Izaguirre González dedicates digital marketing, photography, videos, photo and video editing, digital transformation, culture, music, innovation, humanities, research, academic training and the development of ICT products and services and education

Amway and Vocees dedicate E-Commerce (electronic commerce) or digital business of online store for sales of health products, beauty, nutrition, home technology, home care, personal care, dropshipping or direct shipping, direct sales and online sales

Academy, school and Sports, Educational and Artistic Club of Chess, Dominoes, Video Games Esports, Robotics and STEAM (Science, Technology, Engineering, Arts, and Mathematics) and CTIAM (Science, Technology, Engineering, Arts and Mathematics) and Industry 4.0: Robots, Simulation, System Integration, Internet of Things, Cybersecurity, Cloud Computing, 3D, Artificial Intelligence, Virtual, Augmented and Extended Reality and Big Data Izaguirre Tapachula

I am from Tapachultecho, Chiapas, Mexican and American or I was born and I am from the Municipality or City of Tapachula, State of Chiapas, Country Mexico, Continent America, Planet Earth, Solar System, Milky Way Galaxy and Universe. I have European and Guatemalan ancestry, roots or blood. My ancestors were born in France, Italy, Guatemala, Mexico, Spain and Germany and came to Mexico and spoke their native language: French, Italian, Spanish and German, English and they needed to learn another language or second language, they studied and worked and died in Mexico

Thank you for being part of my life!

I love you!

Greetings from Tapachula

#HappyNewYear #FollowYourDreams

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Encoder Market Report: An Overview of Current Trends and Key Players

Encoder Market Report: An Overview of Current Trends and Key Players

The global encoder market, valued at approximately $2.4 billion in 2021, is anticipated to grow significantly, reaching $4.5 billion by 2030, with a compound annual growth rate (CAGR) of 7.83% during the forecast period from 2022 to 2030. This growth reflects the increasing demand for automation across various industries and the integration of advanced technologies.

The global encoder market is a vital segment of the automation and control systems industry, encompassing devices that convert motion or position into a coded signal. Encoders play a crucial role in various applications, including robotics, industrial automation, automotive systems, and consumer electronics. These devices ensure precise measurements of rotational position, speed, and direction, which are essential for the efficient operation of machinery and equipment.

Market Definition and Latest Trends

Encoders are essential devices that convert motion or position into an electrical signal, which can then be read by a controller or a computer. They play a critical role in various applications, including robotics, industrial automation, and automotive systems. The encoder market is witnessing several notable trends:

Increased Adoption of Industry 4.0: The shift towards smart manufacturing and Industry 4.0 is driving the demand for encoders as industries seek to enhance operational efficiency and precision.

Integration with IoT and AI: The growing integration of encoders with Internet of Things (IoT) devices and artificial intelligence (AI) systems is enabling more sophisticated data analysis and machine learning applications.

Rising Demand in Automotive Sector: The automotive industry is increasingly utilizing encoders for applications such as electric vehicles and advanced driver-assistance systems (ADAS), contributing to market growth.

 Get a Report Request Sample Link:https://straitsresearch.com/report/encoder-market/request-sample

Key Opportunities

The encoder market presents significant opportunities for growth due to the following factors:

Technological Advancements: Continuous innovations in encoder technology, such as the development of more reliable and efficient models, are expected to create new market opportunities.

Emerging Markets: Rapid industrialization in regions like Asia-Pacific offers lucrative prospects for encoder manufacturers as demand for automation solutions increases.

Market Segmentation

The encoder market can be segmented based on type, technology, and end-user:

By Type

Rotary Encoder

Linear Encoder

By Technology

Optical

Magnetic

Photoelectric

Others

By End-User

Automotive

Electronics

Textile

Printing Machinery

Industrial

Medical

Others

Key Players in the Encoder Market

Several prominent companies are leading the encoder market, including:

Omron Corporation

Honeywell International

Schneider Electric

Rockwell Automation Inc.

Panasonic Corporation

Baumer Group

Renishaw PLC

Dynapar Corporation (Fortive Corporation)

FAULHABER Drive Systems

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These companies are focusing on strategic partnerships, mergers, and acquisitions to expand their market presence and enhance product offerings.

Why Straits Research?

Straits Research is a trusted market research provider known for its in-depth analysis and strategic insights. With a team of experts, Straits Research offers comprehensive market reports that help businesses and stakeholders make informed decisions.