Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Personal Service Robotics Market Anticipated to Hit USD 35.9 Billion at a Whopping 38.5% CAGR by 2030 – Report by Market Research Future (MRFR)

Published

on

New York, US, June 24, 2022 (GLOBE NEWSWIRE) — Personal Service Robotics Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Personal Service Robotics Market” information by Components, by Application and Region – Forecast to 2030” market size to reach USD 35.9 billion, growing at a compound annual growth rate of 38.5% by 2030.

Personal Service Robotics Market Scope:
The adoption of swarm robotics that enables robots in performing different complex works with ease will offer robust opportunities for the personal service robotics market over the forecast period. Swarm robotics simply put is a method for coordinating many robots in a single system. Swarm robotics feature unique scalability, adaptability, and resilience qualities. Robots can easily accomplish a variety of complicated jobs because to swarm intelligence. For example, swarm intelligence allows drones to cover a bigger area faster since the Internet range can be extended via sharing the Internet among the drones.

Report Scope:

Report Metric Details
  Market Size USD 35.9 Billion 2030
  CAGR CAGR 38.5%
  Base Year 2019
  Forecast Period 2020-2030
  Historical Data 2018
  Forecast Units Value USD billion
  Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered By Component, By Application
  Geographies Covered North American, European, Asian Pacific
  Key Vendors Samsung Electronics Co. Ltd. (Korea), Hasbro Inc.(U.S.), Ecovacs Robotics Inc (China),ZMP Inc (Japan),Hansol Robotics Corp. (Korea), Neato Robotics Inc (U.S.), F&P Robotics AG(Switzerland), Segway Inc.(U.S.), Honda Motor Co Ltd. (Japan),iRobot Corporation (U.S.)
  Key Market Opportunities The deployment of robotics is essential in every field.
  Key Market Drivers The demand for robotics has reached a peak during the past two decades

Get Free Sample PDF Brochure:  
https://www.marketresearchfuture.com/sample_request/2457   

Market Drivers
Falling Price of Raw Materials to Boost Market Growth
Personal robots are becoming more affordable to budget-conscious individuals. The average price of personal robots has reduced in recent years due to lower raw material costs. The general creation of personal service robots has been significantly influenced by the drop in raw material prices. This will boost market growth over the forecast period.

High Price to act as Market Restraint
The high price to develop personal service robots may act as a market restraint over the forecast period.

Concerns about Data Privacy to act as Market Challenge
The concerns regarding data privacy & regulations, high maintenance cost, and massive investments at the initial stage may act as market challenges over the forecast period.

Browse In-depth Market Research Report (100 Pages) on Personal Service Robotics Market: 
https://www.marketresearchfuture.com/reports/personal-services-robotics-market-2457   

COVID-19 Analysis
The COVID-19 epidemic will only accelerate the use of service robots for functions such as contactless delivery, disinfection, medication and food delivery, and border control assistance. As a result, this industry is likely to see a number of deployments, particularly in the healthcare industry. Furthermore, robots are vital in the fight against the SARS-CoV-2 coronavirus. Chinese hospitals, for example, have acquired over 2,000 disinfection UVD robots from Danish firm Blue Ocean Robotics, according to IFR. These robots walk around patient rooms on their own, covering all important surfaces with just enough UV-C light to destroy infections.

Segmentation of Market Covered in the Research:
The global personal service robotics market is bifurcated based on component and application.

By component, software will lead the market over the forecast period.

By application, the personal service robotics market is segmented into Cleaning Robot, Entertainment & Toy Robot, Education Robot, Handicap Assistance Robot, Companion Robot, Personal Transportation Robot, and Security Robot.

Talk to Expert:
https://www.marketresearchfuture.com/ask_for_schedule_call/2457  

Regional Analysis
Europe to Precede Personal Service Robotics Market
Because of its high acceptance of new technology and quick increase in disposable income, Europe is likely to have the highest share of the personal service robotics industry. In Europe, the global personal service robotics market is predicted to expand by 44%. Demand from the logistics, healthcare, defense, and retail industries are driving the market. In the anticipated year 2022, Europe will reach peak CRGR. Robotics services are more efficient thanks to increased R&D in Europe. In Europe, government attempts in promoting robotics are also common. During the projected period, Europe is likely to hold a considerable share of the service robots market. The expansion of the automotive, healthcare, & electronics industries in the region will propel the service robotics industry in the region. The majority of European countries are developed, have a high per capita income, and can afford the expensive cost of some service robots. The market is supported by a strong research base in France and the United Kingdom. The governments of Germany, France, and the United Kingdom are focusing on the creation of assistive robots for the elderly care as a result of their ageing populations. Domestic robots are being driven by a labor crisis in Europe. Furthermore, in order to combat COVID-19, European countries are actively embracing robotics. The AI-ROBOTICS vs. COVID-19 effort was launched by the European Commission to generate ideas to develop artificial intelligence (AI) & robotics solutions, and information on other initiatives which could assist address the current COVID-19 situation.

APAC to Have Admirable Growth in Personal Service Robotics Market
Due to expanding need for humanoid robots especially in Japan, increasing population, and high technical innovation investments, the Asia-Pacific region is expected to grow between 2016 and 2022. The personal service robotics market in the Asia Pacific area is expected to increase significantly due to the high export rate of robotic components and assembled robots, as well as the vast pool of personal service robot producers in countries such as China and Japan. Asia-Pacific, the world’s second-largest market, is in high demand. The market is being driven via increased research & development. This region has a greater rate of automation investment. It is the primary reason for the robots market’s fastest growth in the forecast year of 2022.

Buy this Report:
https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=2457

Dominant Key Players on Personal Service Robotics Market Covered are:

  • Ecovacs Robotics Inc (China)
  • Honda Motor Co Ltd. (Japan)
  • Samsung Electronics Co. Ltd. (Korea)
  • Hasbro Inc. (U.S.)
  • Hanool Robotics Corp. (Korea)
  • F&P Robotics AG (Switzerland)
  • ZMP Inc (Japan).
  • Segway Inc. (U.S.)
  • Neato Robotics Inc (U.S.)
  • iRobot Corporation (U.S.)

The major contributors of this market are China, Japan, India, and Korea. Due to increased construction activity in China and India and increased spending capacity on infrastructure, the market in Asia-Pacific is likely to grow at the fastest rate of 24.2 percent during the forecast period. During the forecast period, this market is predicted to develop at the fastest pace. This is owing to the presence of countries like Japan, China, and Korea, which were the fourth, fifth, and sixth largest manufacturers of such robots in 2017, according to IFR. Furthermore, rising disposable income in developing nations like India & the Philippines, due to increased industrialization, is predicted to boost demand for service robots. The APAC oil and gas industry has grown significantly in the last two to three years, resulting in a growing need for autonomous underwater vehicles (AUVs) & remotely operated vehicles (ROVs). In India, Australia, and China, there is a growing trend of automation & globalization, which is supporting the APAC service robotics market.

Related Reports:
Access Control as a Service Market Research Report Information by Services, Deployment and End-User- Forecast till 2027

Passenger Service System Market Research Report: By Service, Deployment, Solution – Forecast Till 2027

Non-Destructive Testing Services Market Research Report: By Product, Type, Application, Vertical – Forecast Till 2027

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Stamus Networks Participates in NATO CCDCOE Locked Shields Exercise

Published

on

stamus-networks-participates-in-nato-ccdcoe-locked-shields-exercise

Leading network-based threat detection and response company part of international contingent lending personnel and technology to support world’s largest live-fire cyber defense exercise
TALLINN, Estonia, April 24, 2024 /PRNewswire/ — Stamus Networks, a global provider of high-performance network-based threat detection and response (NDR) systems, today announced its participation in Exercise Locked Shields, the largest and most complex international live-fire cyber defense exercise in the world. The annual event, which takes place this week, is organized by the NATO Cooperative Cyber Defence Centre of Excellence (CCDCOE) and aims to provide a multinational platform for enhancing partners’ cyber resilience and cooperation capabilities in a high-paced, crisis-like environment.

The exercise pits Red Teams (attackers) against Blue Teams (defenders), utilizing realistic scenarios, cutting-edge technologies, complex networks and diverse attack methods. Teams of civil and military experts must cooperate to defend critical infrastructure systems from cyberattacks.
“This exercise is a demonstration of the power of international cooperation, transcending borders, and uniting a diverse community of experts from the public and private sectors and academia,” said LtC Urmet Tomp, exercise director at NATO CCDCOE. “We are grateful for the dedication and expertise of our allies and all our partners, which are crucial in building a resilient global cyber defense.”
Since 2016, the Stamus Networks team has partnered with CCDCOE in exercises, including Locked Shields and Crossed Swords, contributing expert personnel and putting its Stamus Security Platform (SSP), the company’s flagship network-based threat detection and response system, to the test.
“True cyber resilience must be accomplished through collaboration, and there’s no better example of that on the international level than Exercise Locked Shields,” said Stamus Networks’ CEO Ken Gramley. “The lessons learned and key takeaways from the live-fire exercises that we’ve participated in over the years have been instrumental in helping organizations around the world build up defenses against today’s sophisticated cyber threats. We look forward to collaborating with experts again at this year’s exercise, not only to strengthen our own solutions, but to help defenders elevate their status as cyber heroes around the world.”
To learn more about the NATO CCDCOE and Exercise Locked Shields, visit the website: https://ccdcoe.org/exercises/locked-shields/.
About Stamus Networks: Stamus Networks believes in a world where defenders are heroes, and a future where those they protect remain safe. As organizations face threats from well-funded adversaries, we relentlessly pursue solutions that make the defender’s job easier and more impactful. The global leader in Suricata-based network security solutions, Stamus Networks helps enterprise security teams know more, respond sooner and mitigate their risk with insights gathered from cloud and on-premise network activity. Our Stamus Security Platform combines the best of intrusion detection (IDS), network security monitoring (NSM), and network detection and response (NDR) systems into a single solution that exposes serious and imminent threats to critical assets and empowers rapid response. For more information visit: stamus-networks.com.
Logo – https://mma.prnewswire.com/media/1781381/4666296/stamus_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/stamus-networks-participates-in-nato-ccdcoe-locked-shields-exercise-302125761.html

Continue Reading

Artificial Intelligence

Appdome MOBILEBot™ Defense Empowers Mobile Brands to Equalize Web Application Firewall Performance and Stop Bots Attacks Better

Published

on

appdome-mobilebot™-defense-empowers-mobile-brands-to-equalize-web-application-firewall-performance-and-stop-bots-attacks-better

New adaptive defense model allows network security teams to adjust detection and defense rules to get the most out of existing web application firewalls.
REDWOOD CITY, Calif., April 24, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile app defense, today announced three new enhancements to its MOBILEBot™ Defense solution to empower mobile brands to get more value and control from their existing web application firewall (WAF) infrastructures by adjusting the evaluation, detection, and defense policy to suit each WAF product and installation.

Cybercriminals have shifted their focus to mobile bot attacks, including weaponizing mobile apps, modified mobile apps, malware controlled mobile apps, fake mobile apps, as well as the common bot tactics like bot farms and scripts to perform brute force account takeovers, DDoS attacks and API abuse. WAF vendors have responded by providing customers with anti-bot SDKs. However, anti-bot SDKs impose too much work and too many limits on mobile app developers with too heavy a performance penalty on mobile apps in production. In addition, using these anti-bot SDKs also require costly changes to WAF infrastructures. Appdome MOBILEBot Defense provides the only way to avoid these complex challenges, making it easy for customers to deliver mobile anti-bot defense on top of any installed WAF.
The Appdome MOBILEBot Defense solution is fully portable across all new and old, on-premise and cloud WAFs. The new enhancements to MOBILEBot Defense provide adaptive evaluation, detection and defense rules that can ease and balance the compute burden on existing WAFs and infrastructures, enabling mobile brands to proactively identify and thwart bot attacks, all while reducing the strain on traditional WAFs, including those WAFs reaching their end-of-service horizons. The new Appdome enhancements allow enterprises, network security teams and mobile brands to extend the useful life of WAFs and deliver more ROI from their existing WAF investments.
“Mobile brands need to stop bot attacks, but they also need to get the most out of their WAF infrastructures and avoid costly or unplanned WAF upgrades,” said Tom Tovar, CEO and co-creator of Appdome. “Any mobile brand will likely have multiple WAFs, each with different performance characteristics. Our goal is to allow the brand to tailor the bot defense profile to meet the performance characteristics of each WAF.”
The new innovations in Appdome MOBILEBot Defense include:
Appdome DEVICETrust™: DEVICETrust is an innovative way to set the evaluation mode for connection requests and screen bot traffic and attacks. With it, mobile brands have the power to set the trust level for each threat vector and, depending on the trust setting, determine where, when and how bot detection and defense is performed. This allows for customizable trust models based on the class and type of WAF used in the bot defense infrastructure. With the new trust model mobile brands can select and prioritize the security checks that are most important to their mobile app security project goals with the click of a button.
Three modes of DEVICETrust are available with Appdome MOBILEBot Defense:
Adaptive Trust – uses the Appdome Bot Defense Framework™ intelligence to dynamically adjust the evaluation model based on the responsiveness of each WAF connected to MOBILEBot defense. Runtime-Trust – allows connection requests to proceed while threat assessment and checks are in process.Zero-Trust – holds connection requests until threat assessment and checks are complete.Appdome Bot Source and BotID:  Bot Source and BotID give mobile brands the ability to achieve continuous risk assessments by adding any data, such as business logic, to specific users and sessions in a mobile app, giving the WAF more granular rules and automated enforcement at the point of the attack, including on connection, at login, transaction, password reset, or other key application workflows.
Appdome Client Rate Limiting: Client rate limiting leverages the compute and processing power of the mobile device used in the attack, performing rate-limiting enforcement within the mobile app. Configurable limits on how frequently a user can perform an action, such as attempting to log in, within a defined timeframe. This approach is better than only relying solely on server-side rate limiting which can be susceptible to brute force and DDoS attacks.
“We’re working hard to ensure that our customers get the most out of their WAF infrastructure,” said Chris Roeckl, Appdome chief product officer. “WAFs are high performance, very capable, platforms. The antibot SDKs provided by WAF vendors are not. We’re trying to bridge the gap and give mobile brands something they can use to stop bots quickly, easily and efficiently.” 
About Appdome MOBILEBot Defense Appdome MOBILEBot Defense is the industry’s only comprehensive and fully portable anti-bot defense solution built-from-the-ground-up for mobile apps. It offers mobile brands multi-layered bot detection, intelligence, and defense all in one solution, easily protecting the mobile channel from 300+ attack vectors including fake apps, weaponized apps, malware-controlled apps, bot attacks, credential stuffing, DDoS and account takeovers (ATOs). It requires no SDK, no coding, and no added servers to deploy, and is fully compatible with all coding languages and frameworks used in mobile app development. Appdome MOBILEBot Defense is also the only product to work seamlessly with any WAF used in a mobile brand’s network. With Appdome, mobile brands are more efficiently and effectively protected from bot-driven malicious attacks, fraud, IP theft, performance drains and compliance issues at lower cost and complexity than legacy approaches.  For more information about Appdome MOBILEBot Defense, see our Knowledge Articles at  https://www.appdome.com/how-to/mobile-bot-detection/mobile-bot-defense/mobilebot-detection/.
About Appdome The Appdome mission is to protect every mobile app in the world and the people who use mobile apps in their lives and at work. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
Logo – https://mma.prnewswire.com/media/772169/AppDome_Logo_9_27_23.jpg

View original content:https://www.prnewswire.co.uk/news-releases/appdome-mobilebot-defense-empowers-mobile-brands-to-equalize-web-application-firewall-performance-and-stop-bots-attacks-better-302125390.html

Continue Reading

Artificial Intelligence

“Sopra Steria” is positioned as a Leader in the 2024 SPARK MatrixTM for Cloud-Native Application Development Services by Quadrant Knowledge Solutions

Published

on

“sopra-steria”-is-positioned-as-a-leader-in-the-2024-spark-matrixtm-for-cloud-native-application-development-services-by-quadrant-knowledge-solutions

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the Cloud-Native Application Development Services (CNADS) vendors.  Sopra Steria, with its comprehensive technology for Cloud-Native Application Development Services, has received strong ratings across the parameters of technology excellence and customer impact.PARIS, April 24, 2024 /PRNewswire/ — Sopra Steria and Quadrant Knowledge Solutions announced today that Sopra Steria has been named as a leader in the Q1 2024 SPARK MatrixTM analysis of the global CNADS market.

 
 
The Quadrant Knowledge Solutions’ SPARK Matrix™: Cloud-Native Application Development Services, includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.
According to Sitaparna Roy, Analyst at Quadrant Knowledge Solutions, “Sopra Steria through its Modern Apps Development Services helps organizations to convert their ideas into Minimum Viable Product (MVP) and monitor all the development stages to production with unparalleled speed, efficiency, and productivity. It facilitates this by offering Enterprise Architect Services, Low- code/ No-code services and Cloud-Native Application development Services in its Modern Apps Development Services portfolio. […] It supports innovation through adoption of the latest technologies and tools for generating new ideas for products, services, and tools. Sopra Steria’s unique ‘BizDevSecOps’ approach for end-to-end digital transformation supports effective communication and collaboration between businesses and team operations throughout the software development life cycle.”
“Sopra Steria is proud to be recognized once again as a leader in Cloud-Native Application Development Services by Quadrant Knowledge Solutions. Our commitment to innovation, customer-centricity, and excellence in service delivery has enabled us to maintain this position for the third consecutive year. We believe that our comprehensive approach to modern application development, supported by our Cloud Center of Excellence and Ingine Platform, empowers organizations to achieve their digital transformation goals efficiently and effectively.”, comments Yann Gloriau, Cloud expert at Sopra Steria.
Click here to know more.
Logo – https://mma.prnewswire.com/media/1861938/4668457/Sopra_Steria_Logo.jpg
CONTACT: Aurélien Flaugnatti, [email protected]
 

View original content:https://www.prnewswire.co.uk/news-releases/sopra-steria-is-positioned-as-a-leader-in-the-2024-spark-matrixtm-for-cloud-native-application-development-services-by-quadrant-knowledge-solutions-302126053.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending