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Global Smart Machines Market 2017-2021

About Smart Machines

Smart machines have cognitive computing ability and use artificial intelligence (AI) and machine learning algorithms to sense, learn, reason, and interact with humans. They have the ability to leverage on advanced technologies to solve problems accurately and precisely. Smart machines included in the scope of the report include hardware products such as autonomous robots; software such as expert systems, digital assistant, and others; and services. Services mainly include programming, commissioning, integration, training, maintenance, upgrading and others.

Technavio’s analysts forecast the global smart machines market to grow at a CAGR of 17.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from hardware, software, and services offered by vendors in the global smart machines market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aethon
  • Cerner
  • Clearpath Robotics
  • IBM
  • KUKA
  • Mobile Industrial Robotics
Other prominent vendors
  • Allscripts Healthcare Solutions
  • Amazon
  • Apple
  • Digital Reasoning
  • Elsevier
  • Google
  • McKesson
  • Microsoft
  • Narrative Science
  • Philips Healthcare
  • Samsung
Market driver
  • Changes in global labor force
  • For a full, detailed list, view our report
Market challenge
  • High cost of deployment
  • For a full, detailed list, view our report
Market trend
  • Emergence of IIoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Global smart machines market
      • Table Global smart machines market 2016-2021 ($ billions)
      • Table Major applications of smart machines
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Global smart machines market by product 2016 and 2021
    • Global smart machines market by expert systems
      • Table Major applications of expert systems
      • Table Global smart machines market by expert systems 2016-2021 ($ billions)
    • Global smart machines market by autonomous robots
      • Table Global smart machines market by autonomous robots 2016-2021 ($ billions)
    • Global smart machines market by digital assistants
      • Table Global smart machines market by digital assistants 2016-2021 ($ billions)
    • Global smart machines market by others
      • Table Global smart machines market by others 2016-2021 ($ billions)
  • Geographical segmentation
    • Table Global smart machines market by geography 2016 and 2021
    • Smart machines market in Americas
      • Table Smart machines market in Americas 2016- 2021 ($ billions)
    • Smart machines market in EMEA
      • Table Smart machines market in EMEA 2016- 2021 ($ billions)
    • Smart machines market in APAC
      • Table Smart machines market in APAC 2016- 2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global average cost of sensors 2015-2020 ($)
      • Table Key areas of development in autonomous robots
    • Market challenges
      • Table Major hardware and software technologies that create high barriers to entry due to their complexity
      • Table Major regulations followed in APAC countries
  • Market trends
    • Emergence of IIoT
    • Increase in adoption of data analytics
    • Improvements in machine vision systems
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Aethon
      • Table Product offerings: Aethon
      • Table Recent developments: Aethon
    • Cerner
      • Table Product offerings: Cerner
      • Table Recent developments: Cerner
    • Clearpath Robotics
      • Table Product offerings: Clearpath Robotics
      • Table Recent developments: KUKA
    • IBM
      • Table Product offerings: IBM
      • Table Recent developments: IBM
    • KUKA
      • Table Product offerings: KUKA
      • Table Recent developments: KUKA
    • Mobile Industrial Robots
      • Table Product offerings: Mobile Industrial Robots
      • Table Recent developments: Mobile Industrial Robots
  • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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