2021 Global Artificial Intelligence (AI) Robotics Market Report: By 2026, the market will reach USD 21.4 billion-With the rise of digital logistics in the pandemic, artificial intelligence and robotics technologies are receiving attention – QNT Press Release

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Dublin, December 6, 2021 (Global News Agency) – “Artificial Intelligence (AI) Robots-Global Market Trajectory and Analysis” Report has been added to ResearchAndMarkets.com supply.

By 2026, the global artificial intelligence (AI) robot market will reach US$21.4 billion

By 2020, the global artificial intelligence (AI) robot market is estimated to be USD 5.2 billion, and is expected to reach a revised USD 21.4 billion by 2026, growing at a compound annual growth rate of 25.4% during the analysis period.

Software is one of the market segments analyzed in the report, and is expected to grow at a compound annual growth rate of 24.6% by the end of the analysis period, reaching $13.7 billion. After a thorough analysis of the business impact of the pandemic and the economic crisis it triggered, the growth of the hardware sector was re-adjusted to a revised 26.4% compound annual growth rate for the next 7 years. This segment currently accounts for 43.2% of the global artificial intelligence (AI) robot market.

In industries with the highest labor costs, companies are increasingly adopting artificial intelligence robots. Companies in professional fields that require top talent are expected to adopt artificial intelligence integrated robots. The emergence of new tools for analyzing big data is also expected to promote the growth of the robotic artificial intelligence market.

As the industry recognizes that the powerful combination of these two technologies provides multiple benefits in the automation of processes and tasks, it is expected that the artificial intelligence market in the robotics field will see strong growth in the next few years. Artificial intelligence in robotics makes the industry more and more flexible in its processes.

This technology provides robots with learning capabilities that are critical to applications. Companies will be able to significantly increase productivity, save time, and make the workplace safer for human workers. The combination of artificial intelligence and robots can also enhance the potential of human workers. …

The full story can be found on Benzinga.com

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