market research

Gartner identified the top 10 data and analytics (D&A) technology trends for 2021 that can help organisations respond to change, uncertainty and the opportunities they bring in the next year.

Demand for service robots will grow at an accelerated pace in 2021, following 24% improvement in annual sales volumes in 2020. In a series of reports a research team of Strategy Analytics shows that the Covid-19 pandemic actually helped grow demand for service robots, particularly business-oriented service robots in 2020 and that growth will continue in coming years.

The worldwide low-code development technologies market is projected to total $11.3 billion in 2021, an increase of 23.2% from 2020, according to the latest forecast by Gartner, Inc. The surge in remote development during the COVID-19 pandemic will continue to boost low- code adoption, despite ongoing cost optimisation efforts.

The global smart robots market size is expected to reach $25 billion by 2026, rising at a market growth of 27.2% CAGR during the forecast period, according to Researchandmarkets in their report “Global Smart Robots Market By Component, By Mobility, By Operating Environment, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026”.

China stays ahead of foreign countries in the development of indoor delivery robots. Outdoor autonomous delivery vehicles on the other hand are produced in small quantities in China and have not taken on a sizable scale yet, according to a report by ReseachandMarkets.

Collaborative robot solution manufacturers are leveraging the convergence of several enabling technologies such as artificial intelligence (AI), machine vision, and advanced gripping technologies in robots making them safe to work with thereby disrupting traditional robotic solutions as well expanding robotic use cases to laboratories, healthcare, semiconductor wafer handling, and assembly.

As our working lives have changed, we have also seen the increased use of Robotic Process Automation (RPA) across every sector of the economy. It has made the difference between organizations being able to continue operating and falling apart. A new report delves into the way in which RPA has turned a corner and is now one of the most important technologies available to us as we continue to deal with the crisis.

Rising integration of IoT in robots for cost-efficient predictive maintenance is one of the drivers for the Smart Robot Market, which is expected to grow rapidly the coming years. According to a report by Research and Markets  the global Smart Robots Market is expected to grow from USD 6.1 Billion in 2020 to USD 23.0 Billion by 2025.

The global industrial robotics market is estimated to account for US$ 69.1 Mn in terms of value, growing at a CAGR of 6.4% during forecast 2020-2027, according to Coherent Market Insights (CMI).

IT spending in EMEA is forecast to total $1.075 trillion in 2021, an increase of 2.8% from 2020, according to the latest forecast by Gartner, Inc. IT spending in the region is expected to decline 6.5% in 2020.