Artificial Intelligence
New To The Street / Newsmax TV Announces 8 Interviews For This Week’s TV Broadcast, Sunday, August 29, 2021, Hour Slot 10-11 AM ET
NEW YORK, Aug. 27, 2021 (GLOBE NEWSWIRE) — FMW Media’s New To The Street / Newsmax TV announces the broadcasting line-up of its national syndicated 1- hour TV show this Sunday, August 29, 2021, airing time 10-11AM ET.
New to The Street’s 221st TV show lineup, features 8 interviews of the following Companies and their businesses representatives:
1). GreenBox POS (NASDAQ:GBOX) interview with Mr. Ben Erez, CEO
2). BlockQuake Holdings, LLC.’s interview with Mr. Antonio Brasse, Co-founder & CEO
3). PetVivo Holdings, Inc.’s (NASDAQ:PETV) interview with Mr. John Lai, CEO & President
4). Cryptocurrency IAGON’s (CRYPTO:IAG) ($IAG) interview with Dr. Navjit Dhaliwal, CEO
5). Cryptocurrency Safe Earth’s (CRYPTO:SAFEEARTH) ($SAFEEARTH) with Mr. Kenneth Churchill, CEO
6). GlobeX Data Ltd.’s (OTCQB:SWISF) (CSE:SWIS) (FRA:GDT) interview with Mr. Alain Ghiai, CEO
7). Winners Inc.’s (OTCPINK:WNRS) interview with Mr. Wayne Allyn Root, CEO
8). Sekur’s® (division of GlobeX Data Ltd.) “SPECIAL SEGEMENT” interview with internet privacy expert with Mr. Alain Ghiai, CEO
New to The Street welcomes back to the show Mr. Ben Erez, CEO, GreenBox POS (NASDAQ: GBOX), who provides updated information to the viewers on GRBX’s settlement engine for financial transactions. He talks about GreenBox’s blockchain technology’s distributed ledger that uses digitally encrypted keys to verify, secure and record details of each transaction conducted within GreenBox’s private ecosystem, reduces fraud and improving payment processes. Mr. Erez explains the growth at the Company with its successful proprietary blockchain security to build customized payment solutions
Mr. Antonio Brasse, Co-founder & CEO, BlockQuake Holdings LLC., appears on this week’s New to The Street TV show. Mr. Brasse talks in-depth discussion to the televised audience about their Company’s crypto exchange platform, and its unique characteristics which provide end-user confidence in trading a basket of cryptocurrencies on their exchange. He gives information about their upcoming token offering and their progress with the necessary regulatory approvals. During the interview, Mr. Brasse explains the mission at BlockQuake to becoming a unified trading platform for digital assets that can be fully trusted by the financial trading communities.
Joining the New to The Street’s TV show again this week, Mr. John Lai, CEO & President of PetVivo Holdings, Inc. (NASDAQ:PETV). Pet owners will do almost anything for their pets’ health and safety, Mr. Lai explains why PETV is positioned with its products for this growth segment in pet care. And, he explains the Company’s PetVivo pipeline of seventeen products for the treatment of animals and people. He gives a great overview of the Kush® brand which is a veterinarian-administered, intraarticular injection for the treatment of osteoarthritis in dogs and horses. Additionally, he gives a brief overview of the Company’s overall growth and operational updates, and the most recent information about their successful financial stock offering and up-listing the Company’s shares onto the NASDAQ.
New to The Street TV welcomes back, Dr. Navjit Dhaliwal, CEO at IAGON (CRYPTO:IAG) ($IAG). Dr. Dhaliwal talks about the uniqueness of IAGON’s blockchain technology, and how its cloud base growing ecosystem gives users tamper-proof security. He provides specifics about IAGON’s decentralized services and its AI learning capabilities which give crypto miners and operators storage and processing. He explains the IAGON token and how it is distributed by and to their end-users. Further, Navjit explains the technological mission of helping the CLOUD run on any and every connected device which is private, easily accessible, and affordable to end-users.
On this week’s show, New to The Street TV brings in Mr. Kenneth Churchill, CEO at SafeEarth’s (CRYPTO:SAFEEARTH) ($SAFEEARTH), who talks to the viewers about SafeEarth being one of the first decentralized cryptocurrency tokens created to tackle Earth’s climate change. He explains the vision of Safe Earth which was created with the idea of changing the world through investment, acting directly through charitable donation. Mr. Churchill explains the goal set for charitable organizations (NGOs) that want to do good for this planet with funding generated by transactions made on the Ethereum blockchain with its token, SAFEEARTH.
Once again on this week’s New to The Street TV show, Mr. Alain Ghiai, CEO, GlobeX Data, Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:GDT). He provides in-depth discussion of the Company’s successful growth of its secure and encrypted software solutions, SekurSafe® and Sekur®. He gives very specific and interesting dialog about keeping their clients’ business communications and data safe while utilizing Swiss Privacy Laws. Alain Ghiai, again, gives TV host Jane King, more pivotal information to viewers about their business and their plans to grow the Company. He explains how Switzerland very tough privacy laws work (During the show, watch for the “SPECIAL SEGEMENT”, featuring about Sekur®, (a division of GlobeXData).
Appearing this week on New to The Street TV, another interview with Mr. Wayne Allyn Root, CEO of Winners, Inc.’s (OTCPINK: WNRS) subsidiary, VegasWINNERS, Inc. Mr. Root talks to the shows’ audience about sports betting, giving advice, and sharing content from VegasWINNERS, Inc.’s show, KRUSH House. He explains to the televised audience why their sports betting enthusiast players are offer the best rewards program in the industry. Further, he provides details of WNRS’ most recent news announcement with the Tennessee Education Lottery Corporation as a sports wagering vendor and is now able to refer customers in Tennessee to licensed sports books in return for commission payments.
Again, this week, New to The Street airs a “SPECIAL SEGEMENT” about Sekur® (division of GlobeX Data Ltd.) with the internationally acclaimed internet privacy expert, Mr. Alain Ghiai, CEO. Talking with TV host Ann Berry, Alain explains the encrypted platform that their Company’s subscribers utilize while on the internet. He further explains that Sekur does not collect or sell data and how Sekur® utilizes Swiss Privacy Laws. During the interview, Mr. Ghiai gives very specific examples on how data is sold by 3rd party platforms and gives viewers ideas on how to protect themselves regarding their privacy concerns while on the internet.
About GreenBox POS (NASDAQ:GBOX):
GreenBox POS (NASDAQ: GBOX) is a groundbreaking technology company that builds customized payment solutions for a variety of industries. GreenBox develops individual disruptive applications integrated into an end-to-end suite of financial products, supporting a multitude of industries with an emphasis on Blockchain secured ledger technology. The main business focus is in blockchain ledgering services, capable of handling large commercial processing volumes for its merchant clients in a myriad of business verticals. GreenBox is now capable of managing both legacy currency transactions as well as crypto payouts. GreenBox’s main operating geography remains the USA, with additional capacity, clientele, and technology availability developing in other countries. For more information, visit the Company’s website at https://www.greenboxpos.com/.
About BlockQuake Holdings LLC:
BlockQuake Holdings, Inc. was formed in early 2018 to address the need for trust and transparency in the blockchain and cryptocurrency communities through the development of a centralized cryptocurrency trading exchange platform. The Company’s mission is to be the unified trading platform for digital assets that is trusted by all facets of the trading and investing communities. The BlockQuake team understands the issues that exist in the digital asset space ranging from cybersecurity, to maintaining multiple trading accounts, to a lack of fiat onramps and trading pair options. As a One-Stop Shop, BlockQuake’s trading platform fills this void. BlockQuake’s global Exchange will provide traders with multiple fiats paired with multiple cryptocurrencies – which in turn can be paired against alternative cryptocurrencies. BlockQuake continue to onboard fiats and list more and more cryptos, its users will have the most trading options on a single platform. Powered by a team that has traditional financial backgrounds with experience in audit, compliance, and regulation, BlockQuake wants to provide its users with the same level of trust and transparency they’ve experienced with traditional financial markets – https://www.blockquake.com/.
About PetVivo Holdings, Inc. (NASDAQ:PETV):
PetVivo, Inc. (NASDAQ:PETV) is based in Minneapolis, Minnesota. It is an emerging biomedical device company focused on the licensing and commercialization of innovative medical devices for pets, or pet therapeutics. PetVivo believes that it can leverage the investments in the human bio-materials and medical device industries to commercialize therapeutics to pets in a capital and time efficient way. PetVivo’s strategy is to in-license proprietary products from human medical device companies specifically for use in pets. A key component of this strategy is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than the more stringently regulated pharmaceuticals – https://petvivo.com/.
About IAGON (CRYPTO:IAG) ($IAG):
IAGON (CRYPTO:IAG) ($IAG) is an “Open Source” platform for harnessing the storage capacities and processing power of multiple computers over a decentralized Blockchain grid. IAGON enables to store big data files and repositories, as well as smaller scales of files, and to carry out complex computational processes, such as those needed for artificial intelligence and machine learning operations, within a fully secure and encrypted platform that integrates blockchain, cryptographic and AI technologies in a user-friendly way. IAGON’s major aim is to revolutionize the cloud and web services market by offering a decentralized grid of storage and processing. By joining the unused storage capacity in servers and personal computers and their processing power, we can create a super-computer and super data center that can compete with any of the current cloud computing moguls. Our token-based economy is based on computer, server and data center owners who join the storage and processing power grids. In return for sharing the capabilities of their machine, they will be granted IAGON tokens that can be traded back to fat money, while any party who wishes to utilize their capabilities will purchase IAGON tokens to distribute them to the parties that provide their services to the grid – https://iagon.com/.
About Safe Earth (CRYPTO:SAFEEARTH) ($SAFEEARTH):
Safe Earth (CRYPTO:SAFEEARTH) ($SAFEEARTH) has a passionate, committed, and active team operating in a growing market, both crypto and ESG based. Environmental, Social and Corporate Governance is an evaluation of a company’s collective conscientiousness for social and environmental factors. Safe Earth unequivocally aims to be the leading charity crypto currency. Safe Earth has a highly relevant use case and has already established connections with major players in the charity world, expanding rapidly. Safe Earth highly values credibility, accountability and transparency, aligning themselves only to businesses and projects with similar values. There are no administration fees or operational fees deducted from a Safe Earth donation. If Safe Earth donates $100,000, that is the exact amount the donor receives. The Safe Earth community and the rest of the world can see the donation value and see that the recipient receives the same value. Utilizing decentralized blockchain technology SafeEarth’s smart contracts power tokens like when certain conditions are met. Safe Earth works to not only reward holders and charities but also to increase liquidity and value, all of which to help solve climate change problems on Earth – https://safeearthcrypto.com/ & https://twitter.com/SafeEarthETH.
About GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:GDT):
GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:GDT) is a Cybersecurity and Internet Privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure messaging applications, encrypted e-mails, secure communications and secure data management tools, using Swiss privacy laws, proprietary technology and its own independent platform, away from big techs hosting platforms. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide – https://www.globexdata.com. Sekur® is a Swiss secure communications application offering secure and private messaging, emails, voice messages, self-deleting messages, and file transfers from any mobile device, tablet, or desktop. Sekur users can communicate with Sekur and with non-Sekur users, through its unique Chat-By-Invites feature and Sekur, send email system. All data traffic stays in GlobeX Data’s Swiss hosted servers, using its proprietary HeliX technology, military grade encryption and benefiting from Swiss Privacy Laws – https://sekur.com; Twitter: @globexdata.
About WINNERS, INC. (OTCPINK:WNRS):
Winners, Inc. (OTCPINK:WNRS) through its operating subsidiary VegasWINNERS, Inc. is engaged in the business of sports gambling research, data, advice, analysis and predictions utilizing all available media, advertising formats and its database of users. Revenues are expected to accelerate due to the explosion of sports handicapping arising from the 2018 Supreme Court decision that States have the right to approve sports gambling and the resulting State by State rapid approval of sports gambling. VegasWINNERS is a registered sports gambling affiliate that intends to drive traffic to gaming operators for commission. VegasWINNERS is currently registered in West Virginia, Indiana, Colorado and New Jersey, able to operate in Nevada, Illinois and Iowa and has made application in several additional states – https://vegaswinners.com and https://krushhouse.com; Twitter https://twitter.com/vegaswinnersinc; Facebook https://www.facebook.com/winnerskrush; Instagram https://www.instagram.com/winnerskrush.
About FMW Media:
FMW Media operates one of the longest-running U.S and International sponsored and Syndicated Nielsen Rated programming T.V. brands “New to the Street,” and its blockchain show “Exploring The Block.” Since 2009, these brands run biographical interview segment shows across major U.S. Television networks. The TV platforms reach over 540 million homes both in the US and international markets. FMW recently added Newsmax to its broadcasting platform with its first show broadcasted Sunday, December 27th. The NEWSMAX New to The Street show is syndicated on Sundays at 10 AM EST. FMW is also one of the nation’s largest buyers of linear Television long and short form- https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results achieved. This press release should be considered in light of all filings of the Company contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
FMW Media Contact:
Bryan Johnson
+1 (631) 766-7462
[email protected]
And
“New to The Street” Business Development office
[email protected]
1-516-696-5900
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Artificial Intelligence
Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.
NEW YORK, April 19, 2024 /PRNewswire/ — Outdoor smart AR glasses, QIDI Vida, will officially launch on 23rd April on the Kickstarter platform. QIDI Vida integrates the many functions of smart watches, sports headphones, cycling computers, heart rate monitors, and walkie-talkies using AR+AI technology, allowing users to bid farewell to cumbersome device management and enjoy outdoor sports anytime, anywhere with just one pair of glasses.
Function:
QIDI Vida uses high-tech HUD (Head-Up Display) which is similar to the technology used for aircrafts and premium cars and introduces it to the sports industry. Users can activate the HUD function at any time using voice control, enabling them to focus on the route ahead whilst simultaneously having access to information such as navigation, speed, heart rate, power and cadence, among other metrics. Another great function of the QIDI Vida is that users can also enjoy audiovisual entertainment through the optically perceived 100-inch AR HUD screen, when having some down time.
As cyclists and hikers often travel in groups, QIDI Vida supports eSIM and team functionality, allowing real-time voice communication without releasing handlebars, and users can monitor their groups’ real-time locations. The glasses also have comprehensive sensing and monitoring capabilities including temperature, humidity, UV, air pressure, geomagnetism and acceleration. In addition to obtaining environmental and health information, it also features health warnings such as altitude sickness symptoms and high heart rate, as well as fall and collision detection functions. And, in the event of danger, it can send distress signals to teammates.
Perks:
QIDI Vida has a global voice recognition and interaction feature that allows you to control all functions within the device by voice. To better provide users with an immersive sports experience, QIDI Vida’s intelligent system will have the capability to instantly gather personalised sports data, enabling it to deliver timely voice alerts and broadcasts, including the duration of exercise, distance, the environment and the weather – all tailored to the user’s preferences.
QIDI Vida enables voice-controlled photos and video recordings, allowing users to capture moments whilst cycling or hiking without the need to stop. QIDI Vida supports connections with common cycling smart hardware such as Garmin, Wahoo, Apple, and Samsung, supports GPX route files, and is compatible with professional sports apps such as Strava, Keep, Zwift, Apple Health, and All Trails.
QIDI Vida stands out for its lightweight and comfortable design with a dual lens for a full-colour data display, unlike competing AR glasses that typically have a single lens and limited colour. This innovation significantly enhances and augments the user’s sports and reality experience.
QIDI Vida will launch on the Kickstarter platform: https://www.kickstarter.com/projects/109560964/qidi-vida-smart-ar-glasses-for-sports
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Artificial Intelligence
Risk Analytics Market worth $180.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 19, 2024 /PRNewswire/ — The growing use of real-time monitoring and advanced analytics, integration with cutting-edge technologies like blockchain and IoT, and an emphasis on cybersecurity, cross-industry applications, and regulatory compliance are the key factors that will shape the risk analytics market in the future. The market’s development will also be influenced by collaborative risk management, improved user experience, and an increasing focus on ESG factors and risk culture.
The Risk Analytics Market is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period, according to a new report by MarketsandMarkets™. Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption.
Browse in-depth TOC on “Risk Analytics Market”260 – Tables 60 – Figures350 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210662258
Scope of the Report
Report Metrics
Details
Market size available for years
2019–2023
Base year considered
2023
Forecast period
2024–2029
Forecast units
USD Billion
Segments Covered
Offering,Risk Type, Risk stages, Vertical, and Region.
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US)
By offering the services segment to account for higher CAGR during the forecast period
In the Risk Analytics Market, the highest CAGR of services is fueled by Increasing Complexity of Risks, AI and machine learning advancements, big data analytics integration, business process optimization, cloud-based solutions adoption, data-driven culture, and diverse industry adoption. These trends reflect a global shift towards leveraging data for competitive advantage, driving a continuous need for sophisticated risk analytics services across sectors. As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
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By Type, GRC software is expected to hold the largest market size for the year 2024
GRC software typically offers comprehensive solutions that cover a wide range of risk management needs, including compliance management, policy management, audit management, and risk assessment. They also provide organizations with enhanced visibility into their risk landscape. Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies. GRC software streamlines risk management processes through automation, reducing manual effort and increasing efficiency. Tasks such as risk assessments, control testing, and incident management can be automated, freeing up resources to focus on strategic risk mitigation efforts. the combination of comprehensive functionality, regulatory compliance support, efficiency gains, scalability, integration capabilities, and culture enhancement makes GRC software a preferred choice for many organizations seeking to manage risk effectively.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors. Healthcare providers and life sciences companies wants to ensure the safety and well-being of patients. Risk analytics helps in identifying potential risks to patient safety, such as medication errors, adverse events, and medical device failures. The healthcare and life sciences industries are heavily regulated, with strict guidelines for patient care, data privacy, drug development, and clinical trials. Risk analytics helps organizations ensure compliance with these regulations by identifying and mitigating risks of non-compliance. Healthcare organizations and life sciences companies also face financial risks associated with fraud, billing errors, revenue cycle management, and reimbursement challenges. Risk analytics helps in detecting anomalies and optimizing financial processes to mitigate these risks.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR). This surge is primarily attributed to rising demand for data-driven decision-making solutions, expanding digital transformation initiatives across industries.. Moreover, the region’s favorable regulatory environment, growing investments in big data analytics, and the integration of advanced technologies like the Internet of Things (IoT) further propel APAC’s dominance in Risk Analytics Market growth.
Top Key Companies in Risk Analytics Market:
The major risk analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Risk Analytics Market.
Recent Developments:
In March 2024, Orcale announced Oracle Risk Management Cloud in Release 24B. It offers comprehensive solution designed to help organizations identify, assess, and mitigate risks across their business operations. It offers advanced analytics, automation, and collaboration tools to streamline risk management.In March 2024, FIS Global announces card fraud detection capabilities leveraging artificial intelligence (AI) with aim to bolster FIS’s ability to identify and prevent fraudulent transactions, providing greater security for cardholders and financial institutions alike.In March 2024, Aon acquired an AI-powered platform to assist fleet and mobility clients in making data-driven decisions, enhancing operational efficiency and risk management. The platform utilizes artificial intelligence to analyze data and provide insights, enabling clients to optimize their fleet operations and improve decision-making processes.In March 2024, Crisp joined Resolver, with the aim to enhance Resolver’s risk intelligence capabilities by integrating Crisp’s expertise and technology into its platform, offering clients improved risk assessment and mitigation tools.In February 2024, SAS partnered with Carahsoft to bring analytics, AI, and data management solutions to the public sector. The aim is to leverage SAS’s expertise in advanced analytics and Carahsoft’s extensive government market reach to offer tailored solutions that enable public sector organizations to harness the power of data for informed decision-making and improved outcomes.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=210662258
Risk Analytics Market Advantages:
By offering insights into potential risks, opportunities, and trends, risk analytics helps organisations make data-driven decisions that improve strategic planning and resource allocation.In order to improve risk management procedures and lessen exposure to possible threats, risk analytics solutions assist businesses in identifying, evaluating, and mitigating risks across a range of business activities, including finance, operations, and compliance.Through real-time monitoring and anomaly detection made possible by risk analytics, organisations may proactively address shifting market situations, legal requirements, and cybersecurity threats.Risk analytics solutions assist organisations lower operating costs, increase productivity, and streamline compliance activities, which results in cost savings and resource optimisation. They do this by streamlining risk management procedures and automating routine work.Accurate risk assessments, audit trails, and reporting capabilities are just a few of the ways that risk analytics solutions help organisations comply with regulations and stay out of trouble.Organisations can enhance their resilience and competitiveness by anticipating and mitigating potential hazards before they materialise through the use of predictive modelling and advanced analytics approaches in risk analytics.Report Objectives
To define, describe, and predict the Risk Analytics Market by offering, risk type, risk stages, vertical, and regionTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growthTo analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leadersTo forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo profile the key players and comprehensively analyze their market rankings and core competenciesTo analyze the competitive developments, such as partnerships, product launches, and mergers & acquisitions, in the Risk Analytics MarketBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
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Artificial Intelligence
Robotic Palletizer Market worth $1.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 19, 2024 /PRNewswire/ — The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029 according to a new report by MarketsandMarkets™. Rising awareness towards workplace safety and reducing the risk of work-related injuries to drive the market. Robotic palletizers significantly enhance workplace safety and reduce the risk of work-related injuries and associated costs. By automating repetitive tasks like palletizing, businesses can redeploy their human workforce to higher-value activities that require human skills like problem-solving, critical thinking, and customer interaction. This allows them to optimize their workforce and leverage human capabilities more effectively.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251064253
Browse in-depth TOC on “Robotic Palletizer Market” 100 – Tables60 – Figures200 – Pages
Robotic Palletizer Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 1.4 billion
Estimated Value by 2029
$ 1.9 billion
Growth Rate
Poised to grow at a CAGR of 5.9%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Component, Robot Type, Application, End-use Industry and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
High initial investment cost
Key Market Opportunities
Increasing application in small and medium-sized enterprises
Key Market Drivers
Growing labor shortage and need for workforce optimization
Collaborative robots in the robot type segment are expected to witness higher growth rate during the forecast period.
Collaborative robots are expected to witness a higher CAGR during the forecast period. Unlike traditional industrial robots that often require physical barriers or cages to protect human workers, cobots are equipped with advanced safety features, such as force and torque sensors, collision detection, and speed monitoring. These features enable cobots to operate safely in proximity to humans without posing significant risks of injury.
The Pharmaceutical segment in the robotic palletizer market is expected to witness highest growth rate during the forecast period.
Pharmaceutical products are subject to strict regulations regarding storage, handling, and quality control. Robotic palletizers play a crucial role in providing greater precision and consistency in palletizing tasks and minimizing the risk of contamination within pharmaceutical manufacturing facilities. It also reduces human intervention in the handling and stacking of products and helps mitigate the potential for cross-contamination and ensures adherence to strict hygiene standards.
End-of-Arm- Tooling (EOAT) component is expected to witness the highest CAGR in the robotic palletizer market during the forecast period.
End-of-arm tooling (EOAT) is a crucial element of a robotic arm system, especially in applications like robotic palletizing, where the robot needs to interact with various objects or products. EOAT essentially acts as the hand of the robotic arm, designed to securely grasp, lift, and place boxes or cases onto pallets. Overall, EOAT plays a vital role in the effectiveness of robotic palletizers as it ensures secure handling of products, efficient palletizing patterns, and smooth operation of the entire system.
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North America is expected to hold the largest share of the robotic palletizer industry during the forecast period.
North America is home to major automobile and retail companies, which has accelerated the demand for robotic palletizers in this region. Additionally, the rise in manufacturing activity, fueled by plans for reshoring and technological improvements, has further driven the need for robotic palletizers. In North America, certain government funds are available to increase workplace safety. In 2023, the Occupational Safety and Health Administration announced a grant of approximately USD 12.7 million to 100 non-profit organizations across the nation to provide education and training for workers and employers about recognizing workplace hazards, injury prevention, and understanding workers’ rights and employers’ responsibilities under federal law. Businesses that use robotic palletizers may be eligible for funding as they lower the risk of worker injuries from manual lifting.
Key Players
Leading players in the robotic palletizer companies include FANUC CORPORATION (Japan), KION GROUP AG (Germany), KUKA AG (Germany), ABB (Switzerland), and Krones AG (Germany). Schneider Packaging Equipment Company, Inc. (US), Honeywell International Inc. (US), Kaufman Engineered Systems (US), Concetti S.p.A. (Italy), Sidel (France), Brenton, LLC. (US), A-B-C Packaging Machine Corporation (US), Antenna Group (Italy), BEUMER GROUP (Germany), Brillopak (UK), BW Integrated Systems (US), Columbia Machine, Inc. (US), Euroimpianti S.p.A. (Italy), Fuji Yusoki Kogyo Co., Ltd. (Japan), HAVER & BOECKER OHG (Germany), KHS Group (Germany), MMCI (US), Okura Yusoki Co., Ltd. (Japan), Rothe Packtech Pvt. Ltd. (India), and S&R Robot Systems, LLC. (US) are few other key companies operating in the robotic palletizer market.
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