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Global Robot Preventive Maintenance Market to Garner USD 10.05 Billion by 2030, states a Report by Next Move Strategy Consulting

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New York, July 05, 2022 (GLOBE NEWSWIRE) — According to the report published by Next Move Strategy Consulting, the global robot preventive maintenance market generated USD 4.23 billion in 2021, and is expected to reach USD 10.05 billion by 2030, registering a CAGR of 10.1% from 2022 to 2030. The report offers detailed insights and analysis of major segments, current market size & forecasts, and market dynamics. The research also outlines the competitive scenario with profiling of leading companies active in the market.

With adoption of a thorough research methodology and tools, the report wraps up important information and statistics in 509 pages. Supported by 370 tables and 371 figures for a better understanding of each aspect of the market, the report is a valuable source of information for leading market players, angel investors, and startups to determine the current robot preventive maintenance size and determine the next steps.     

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Report Coverage Details
Forecast Period 2022–2030
Base Year 2021
Market Size in 2021 USD 4.23 billion
Market Size in 2030 USD 10.05 billion
CAGR 10.1%
No. of Pages 509
Tables 370
Figures 371
Segments covered Type, Mobility, Application, Component, End User, and Region.
Drivers Rise in adoption of robot preventive maintenance in the manufacturing sector
Surge in demand for industrial automation
Opportunities Increase in utilization of artificial intelligence (AI) technology
Advent of innovative technologies in smart factories

The research provides a detailed account of driving factors, restraints, and opportunities for growth of the global robot preventive maintenance market. Rise in adoption of robot preventive maintenance in the manufacturing sector and surge in demand for industrial automation are the driving factors of the market. However, constraints related to budgets and difficulties arising in development of in-house preventative maintenance solutions hinder the market growth.

Highlighting the ample opportunities lying forward in the robot preventive maintenance industry, the Lead Analyst for the ICT & Media category at Next Move Strategy Consulting, said, “There has been a significant rise in routine preventative maintenance for robots among various end users such as automotive, healthcare, manufacturing, and others to improve their efficiency and efficacy. Increase in utilization of artificial intelligence (AI) technology and the advent of innovative technologies in smart factories are expected to create ample opportunities in the coming years.”

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The report highlights and analysis key segments and sub-segments of the global robot preventive maintenance market. Every key segment is analyzed in detail, backed by graphical and tabular representation to enable ease in understanding and offer important insights for market players. The research analyzes major segments including type, mobility, application, component, end user, and region. Based on type, the report further classifies the market into SCARA modular robots, collaborative modular robots, articulated modular robots, parallel modular robots, cartesian modular robots, and others. Based on mobility, the report bifurcates the market into fixed robots and mobile robots. By application, the research divides the market into material handling, welding, assembly, pick and place, cutting, painting, and others. Based on component, the study sub-segments the market into software, hardware, and service. By end user, the research further divides the market into aerospace & defense, logistics, food & beverages, healthcare, manufacturing, automotive & transport, media & entertainment, and others.

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Based on region, the report sub-segments the global robot preventive maintenance market into North America, Europe, Asia-Pacific, and RoW. The report also analyzes major countries in these regions based on every segment and sub-segment mentioned above. These insights and information play a crucial role in offering detailed analysis and devising a future course of action to optimize the robot preventive maintenance market share in the coming years.  

If you have any queries, you can enquire before purchasing: https://www.nextmsc.com/robot-preventive-maintenance-market/inquire-before-buying

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The report carries out profiling and analysis of the leading players operating in the global robot preventive maintenance market. It mentions product portfolio, company overview, sales numbers based on the geographic segment, overall business performance, and primary competitors of market players including ABB, Nachi-Fujikoshi Corp., Yaskawa Electric, KUKA AG, Kawasaki Heavy Industries, Ltd., Denso Corporation, and IRobot Corporation. These insights are helpful in determining the competitive scenario and take steps to gain a competitive edge.

Buy a full report here: https://www.nextmsc.com/report/robot-preventive-maintenance-market

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Automotive Robotics Market by Type (SCARA Modular Robots, Articulated Modular Robots, Collaborative Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, and Others), Component (Hardware, Software and Services), Application (Material Handling, Assembly and Diassembly, Welding, Painting, Cutting, Pick & Place and Others) – Global Opportunity Analysis and Industry Forecast 2022–2030

About Us:

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analyzed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top quality research and the obsession of turning data into knowledge by dissecting every bits of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enable them to move beyond time and have competitive edge in the industry.

We have been servicing over 1,000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.


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Artificial Intelligence

18 of the Top 20 Medtech Companies Partner with Veeva MedTech to Get Devices and Diagnostics to Patients Faster

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More than 125 medtech customers use Veeva applications for seamless execution across product development
BARCELONA, Spain, Oct. 2, 2024 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced that 18 of the top 20 medtech companies leverage Veeva Development Cloud and Veeva Commercial Cloud applications to streamline processes across the total medtech product lifecycle. Veeva MedTech enables more than 125 customers with deep industry expertise and technology from ideation to commercialization. With an increasing need to keep up with industry changes for faster time to market, medtech companies are moving to connected applications on a single cloud platform to execute key processes more efficiently.

“With dozens of studies across hundreds of global sites, simplifying clinical operations with unified document management and streamlined workflows is a top priority,” said Matt Christensen, senior vice president at Smith+Nephew. “Using Veeva MedTech’s unified clinical solution drives transparency, ensures integrity of study files, and speeds trial timelines.”
Veeva MedTech enables end-to-end product lifecycle management with Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Quality, and Veeva Vault Commercial. Using advanced applications built with medtech industry best practices, customers can access real-time insights to make data-driven decisions, automate processes, and maintain inspection readiness. This reduces manual work and improves cross-team collaboration while driving growth, cost efficiency, and compliance.
“This momentum shows that the global medtech industry has made great strides in modernizing systems, establishing a foundation across the product lifecycle to leverage into the future,” said Seth Goldenberg, vice president, Veeva MedTech. “With the top medtech leaders standardizing on Veeva applications, we will continue to learn and advance the industry toward more streamlined processes to deliver innovative new devices and diagnostics to patients in need.”
More than 200 industry professionals will network, share best practices, and hear valuable insights from medtech leaders, including Bio-Rad Laboratories, Philips, and ZEISS Medical Technology, at Veeva MedTech EU Summit. Medtech industry professionals can register for the Nov. 5 – 7 event in Amsterdam.
About Veeva SystemsVeeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com/eu.
Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended July 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 36 and 37), and in our subsequent SEC filings, which you can access at sec.gov.
Contact:
Jeremy WhittakerVeeva [email protected]
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Artificial Intelligence

Cybersecurity is fastest growing IT occupation in the UK, reveals Socura report

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But skills gap persists with just one security professional for every 86 companies
CARDIFF, Wales, Oct. 2, 2024 /PRNewswire/ — Socura, a UK-based cybersecurity services business that protects many of the nation’s biggest NHS trusts, councils, and private companies, has released its UK cybersecurity careers 2024 report, ‘Their next job was in cyber’. 

The report is released four years after the UK government’s infamous ‘Fatima’ ballet ad promoting cyber as a career option. Based on Office of National Statistics data, it reveals that cybersecurity is now the fastest growing tech occupation in the UK, with the number of people in cyber roles more than doubling (128%) between 2021 and 2024. Despite this growth rate, there are not yet enough cybersecurity professionals to tackle the growing threat to UK businesses, with only one security pro for every 86 companies. 
Other key findings of Socura’s report include: 
There are 4,600 more women in cybersecurity roles in 2024 compared to 2021. However, the percentage of women in cybersecurity roles has decreased and now stands at 17%, down from 24%. London is less of a hub for cybersecurity professionals than it is for other IT professionals. 25% of all IT workers are based in London, compared to 17% of cyber workers.Northern Ireland and Wales are the countries in the UK with the fewest cybersecurity professionals. “Cybersecurity may be the fastest growing IT occupation in the UK but the skills shortage in the industry remains a concern,” said Andy Kays, CEO at Socura. “Many businesses simply do not have the specialists they need to defend against cyber attacks.  
“To fix this problem at a national level, we need more initiatives like the NCSC-backed Academic Centres of Excellence and ways to reach even younger people so that they can discover technology in schools. For organisations struggling to recruit cybersecurity experts, finding a trusted managed services partner to bolster capabilities and ease the load remains vital to bridging the gap.” 
“Attracting more workers, particularly women, into cyber remains a key challenge for the industry,” said Dr Kathryn Jones, Head of School, Computer Science and Informatics at Cardiff University. ”However, gender imbalance and the low representation of women is a wider issue in the tech sector, not only cybersecurity. The number of women enrolled on computer science and software engineering courses, for example, is typically also low.  
“Cybersecurity is an exciting and varied career choice but more initiatives like the NCSC’s Cyber First Girls competition are needed to raise awareness.” 
Resources 
Read summary blogDownload full report Methodology Socura’s analysis is based on UK ONS annual population survey data, which tracks occupation figures based on 15 IT-related Standard Occupational Classification (SOC2020) codes such as 2135 cybersecurity professionals. The ONS annual population is a continuous survey that consists of 12 months of survey data, which is broken down and released on a quarterly basis. 
About Socura Socura reduces cyber risk by proactively detecting and responding to threats, 24/7. Our Managed Detection and Response (MDR) service operates as an extension of an organisation’s security team – supplying highly skilled SOC experts and the additional capabilities needed to scale security operations and accelerate response to attacks. 
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Artificial Intelligence

Euromonitor International launches Passport AI – a gamechanger for the data analysis industry

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Passport AI will leverage the power of generative AI to transform the way our clients’ access and use market intelligencePassport AI’s impressive features, combining cutting-edge artificial intelligence with human intelligence, will ensure fast and easy access to the Passport platform Paradigm shift solution utilises a powerful combination of technologies and approachesLONDON, Oct. 2, 2024 /PRNewswire/ — Euromonitor International has today launched Passport AI – a game changer for the data analysis industry.

Passport AI is specially designed to supercharge the power of data analytics firm Euromonitor International’s market intelligence expertise. The platform will leverage the power of generative AI to transform the way clients are able to access and use Euromonitor’s market intelligence.
Euromonitor’s Passport AI utilises a powerful combination of technologies and approaches: 
Large Language Models (LLMs): These powerful AI models are trained on massive amounts of text data. Passport AI leverages LLMs to understand your natural language questions and identify relevant information within our extensive content library.Retrieval Augmented Generation (RAG): This approach ensures Passport AI stays grounded in fact-based information. Instead of creating entirely new responses, RAG retrieves and summarises relevant content from trusted Euromonitor publications. This allows clients to verify the source of the information and feel confident in its reliability. Multi-Agent System (MAS): This innovative system acts behind the scenes, working like a team of virtual researchers. MAS helps Passport AI refine your question and identify the most relevant information across our content, even with terminology specific to Passport or newly introduced natural language search. Combining cutting-edge artificial intelligence with human intelligence
Lamine Lahouasnia, Director of Generative AI at Euromonitor International, said: “We are already the first destination for organisations seeking growth and Passport AI’s impressive features, combining cutting-edge artificial intelligence with human intelligence, will ensure fast and easy access to our Passport product and our data analytics.
“Unlike other generative AI tools, the information provided by Passport AI is 100% sourced from Euromonitor’s trusted content. This transparency allows users to interrogate the underlying sources and have complete confidence in the credibility of the answers they receive.”
Tim Kitchin, CEO of Euromonitor International, said: “This significant investment in Passport AI underscores our dedication to client empowerment and demonstrates our commitment to continuous product improvement. We believe Passport AI will help clients derive even more value from the intelligence they already have access to within Passport, make the most of opportunities our insights uncover and achieve greater success.”
For more information about Passport AI book a demo.

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