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Global Humanoid Robot Market to Reach Sales of $17.32 Billion by 2028 | China to OutSpace Japan’s Dominance in Humanoid Robots Manufacturing

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Westford, USA, Aug. 29, 2022 (GLOBE NEWSWIRE) — Robots are already in use in manufacturing, aerospace industries and other technological fields, but their use is set to increase in the next few years as developers in the global humanoid robot market such as Honda, Tesla, Xiaomi, and Engineered Art, among others strive to create more sophisticated models that can interact with humans. Researchers at the University of Tokyo have created a humanoid robot that can walk and climb using its hands and feet, which is an important advance on current models. The robots are also becoming more lifelike, with facial expressions and realistic skin textures that help them to communicate with humans.

The demand for humanoid robot market continues to increase, as people become more interested in having robotic assistants around. There are a number of reasons for this, but one major factor is the aging population. Humanoid robots are able to help with tasks that would typically be considered too difficult or dangerous for elderly people, such as cleaning heavy objects. Current nursing home residents are often elderly and frail, making them more susceptible to accidents and infections. By investing in humanoid robots, nursing homes can reduce the need for human workers and thus reduce health care costs.

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https://skyquestt.com/sample-request/humanoid-robot-market

Japan is Holding 54% of Asia Pacific Humanoid Robot Market

China’s humanoid robot market is projected to worth more than $2.5 billion by 2030, while Japan’s humanoid robot industry is expected to generate revenue of more than $1.6 billion by 2030 according to a report by SkyQuest. The report says that Japan has been leading the humanoid robot market for a long time and dominates the Asia Pacific market. But China’s rapidly growing humanoid robot industry is catching up with Japan and other countries in the region. In August 2022, Xiaomi, a Chinese company, unveiled its humanoid robot named CyberOne. The robot can detect emotion and it was able to capture immense popularity across the globe. The company has enabled the robot with advanced vision capability that use 3D mapping for navigating.

As per our study, Japan produced more than 89,800 units in 2021.  The went significantly up from in 2015 as Japan produced over 36,000 humanoid robots, while China produced over 14,000. Currently, Japan is holding around 54% of the Asia Pacific humanoid robot market, which is followed by China. ASIMO, a Honda product, is the most popular robot ever produced by Japan. Apart from this, T-HR3 by Toyota is second most popular humanoid robot in Japan, which can imitate real time action of person wearing control suit.

China, on the other hand, has not traditionally been a center of robotic innovation and is only now starting to build up its own robotics industry. This difference has led to different approaches to humanoid robot development, with Japan emphasizing engineering creativity and China focusing on manufacturing strength.

Integration of AI in Humanoid Robots is in Early Stage but Holds Promising Future

As per SkyQuest analysis, the process of integrating artificial intelligence (AI) into humanoid robot market is still in its early stages, but it is already yielding promising results. In particular, AI has been shown to enhance the robotic capabilities of these machines, making them more capable and versatile overall.

Browse summary of the report and Complete Table of Contents (ToC):

https://skyquestt.com/report/humanoid-robot-market

One such example is Softbank’s humanoid robot, Pepper. Originally designed as a teaching tool, Pepper was quickly adapted for military and commercial use in the humanoid robot market. Its artificial intelligence software allowed it to carry out complex tasks and respond autonomously to various stimuli. Since then, other companies have followed suit and developed their own humanoid robots with AI capabilities. Honda’s ASIMO robot is currently the world’s most advanced humanoid robot, boasting a number of impressive abilities, such as walking on two legs and holding a conversation.

Robotics research is becoming more focused on AI across the global humanoid robot market. In the past, research into humanoid robots was mainly geared towards creating automated machines that looked and behaved like humans. However, over the past few years, more researchers are beginning to focus on incorporating AI into these robots in order to improve their performance and make them more autonomous. This shift is particularly evident in Fully Automated Living Systems (FALLS), which are robot systems that can independently operate and learn without any human input or supervision. So far, FALLS have been successful in tasks such as navigation and handling objects—but there’s still a lot of room for improvement.

SkyQuest has tracked all the on-going development in the global humanoid robot market and prepared a report. This would provide a detailed analysis about what is happening in the global market, how other players are performing, what are they working on, and efforts they are taking to make the humanoid robot more sophisticated. Apart from this, the report would help you in understanding how the market is performing with respect to new product launch and development of technology, among others.

Key Developments in Global Humanoid Robots Market

  • In August 2022, Xiaomi unveiled its CyberOne Humanoid robot that can identify emotions through facial expression and voice
  • In August 2022, Ameca, the most advanced humanoid robot by Engineered Art, can perform winking, frowning and grinning in a mirror, and pursing its lips after receiving an upgrade to its facial expression capabilities
  • In June 2022, Tesla, an emerging player in the global humanoid robot market, announced to launch its humanoid robot Optimus by September 2022
  • In January 2021, a humanoid namely ‘Sophia’ was mass-produced as the spread of COVID 19 accelerates in different parts of the world for automation of services

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https://skyquestt.com/speak-with-analyst/humanoid-robot-market

Major Players in Global Humanoid Robot Market

  • SoftBank Robotics (Japan)
  • ROBOTIS (South Korea)
  • KAWADA ROBOTICS CORPORATION (Japan)
  • Honda Motor Co., Ltd. (Japan)
  • UBTECH Robotics Corp. Ltd. (China)
  • HANSON ROBOTICS LTD. (Hong Kong)
  • PAL Robotics (Spain)
  • TOYOTA MOTOR CORPORATION (Japan)

Related Reports in SkyQuest’s Library:

Global Smart Parcel Locker Market

Global 3D Camera Market

Global Image Sensor Market

Global Vacuum Cleaner Market

Global LED Lighting Market

About Us:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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1 Apache Way, Westford, Massachusetts 01886

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USA (+1) 617-230-0741

Email: [email protected]

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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

nodeQ Launches PQtunnelTM: The Leading-Edge Cybersecurity Solution for Quantum-Safe Communication

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The latest application developed by nodeQ simplifies the migration to Post-Quantum Cryptography for both SMEs and large enterprises
YORK, England, May 7, 2024 /PRNewswire/ — The advent of Quantum Computing poses a significant threat to existing public-key cryptosystems. A large quantum computer can break algorithms like RSA or ECDH, which form the backbone of current internet security. Already today, confidential data is in danger: It can be harvested now to be decrypted later when a quantum computer can run Shor’s factorization quantum algorithm on a sufficiently large number of qubits.

This vulnerability exposes a large number of applications to potential security breaches, threatening our trillion-dollar digital economy. Multiple sectors are under threat: Financial Institutions, government entities, telecommunications companies, cloud providers, the healthcare industry, the defense sector, universities and research centers, and virtually any IT-based enterprise that relies on encrypted data.
Companies must transition IT infrastructures to quantum-resistant solutions, such as Post-Quantum Cryptography (PQC). In the US the transition to PQC is set to start in 2024, as a result of Biden’s 2022 Computing Cybersecurity Preparedness Act and the end of NIST standardization.
nodeQ has developed PQtunnel™, a groundbreaking tool designed to assist businesses – ranging from SMEs to large enterprises – in transitioning their end-to-end (E2E) secure communication to PQC. This innovative software application is available in two variants: PQtunnel™ TLS and PQtunnel™ SSH, meeting diverse business requirements.
PQtunnel™ TLS is an enterprise-oriented tunneling application that leverages the Transport Layer Security (TLS) protocol to secure traffic between a client (or a proxy) and the target application. This solution has been thoroughly tested on various enterprise-grade applications, such as GitLab EE, demonstrating its effectiveness and reliability.
On the other hand, PQtunnel™ SSH offers a comprehensive Quantum-Safe SSH server, alongside a client equipped with a user-friendly interface. This software suite is designed for secure shell operations, ensuring the highest level of security and ease of use.
Both PQtunnel™ variants utilize a wide range of PQC algorithms, including the most recent ones under standardization by NIST, and hybrid algorithms. This approach combines the stability of current cryptographic methods with the quantum-safeness of new cryptographic suites, offering unmatched security against emerging cyber threats.
Developed as cloud-native applications, both variants of PQtunnel™ are designed to facilitate easy distribution and provide flexibility in a wide range of scenarios. Secure Post-Quantum tunneling to your GitLab server, quantum-safe data transfer, secure cloud IT management, and PQC benchmarking are just a few of the use cases where PQtunnel™ can be applied, showcasing its versatility and significance for today’s cybersecurity landscape.
Ignazio Pedone, the cybersecurity lead at nodeQ, emphasized the significance of their latest security product, stating, “This security product represents an important step towards a more effective and robust application of quantum-safe cryptography for enterprises.”
Various early customers have already adopted PQtunnel™ to test their readiness to migrate to quantum-safe cryptography. PQC is going to play an important role for telecom operators.
“At Fibraweb, PQtunnel demonstrated our readiness for quantum-security migration,” says Walid Bounassif, CEO of Fibraweb (an Italian telco). “The software created quantum-resistant connections between external clients and our internal servers, showing that post-quantum encrypted communication can efficiently be implemented for remote IT administration and secure file transfer.”
PQC is essential for medium to large enterprises, including educational institutions like universities, where maintaining data confidentiality at various levels is crucial. At the University of York (UK), PQtunnel™ has been deployed for the quantum-safe transfer of documents. This pioneering demonstration, the first of its kind in the world within the education sector, actively involved staff and students from the Department of Computer Science.
“PQtunnel has effectively established high-speed, quantum-resistant connections both within and beyond the campus perimeter,” says Prof Paul Cairns (Head of the Computer Science Department at the University of York, UK). “This technology has clearly demonstrated its capacity for facilitating quantum-secure data transfers, affirming its readiness to enhance our university’s digital infrastructure.”
For additional information about PQtunnel™, nodeQ, and their range of products, the reader can visit their website at www.nodequantum.com.
 Key Features
Crypto-Agility: implements all NIST PQC algorithms to counteract the quantum threat.Cross-Platform: available for the most adopted operating systems and hardware architectures.Easy Setup: no need for long or complex installation procedures to get started.On-the-Fly Benchmarking and Optimization: can benchmark and optimize high-level security protocols against all the available combinations of PQC algorithms for key exchange and digital signature.Target Customers
Financial InstitutionsTelecommunications CompaniesUniversities and Research CentersCloud ProvidersHealthcare IndustryGovernment EntitiesDefense SectorManufacturing CompaniesSMEs handling confidential dataAbout nodeQ
At nodeQ, we are pioneering the future of computer networks, leveraging our deep expertise in quantum communication, artificial intelligence, and software-defined networking. Our primary objective is to transition computer networks to quantum security, placing a critical emphasis on maintaining speed, performance, and usability at the heart of this transformation.
Contacts
Stefano [email protected]
Request a demo or a brochure at [email protected] or visit www.nodequantum.com.
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Simplilearn and Purdue University Online Unveil Cutting-Edge Generative AI Program for Business Transformation

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The program provides over 50 hours of live online sessions with industry experts, exploring GenAI tools like ChatGPT, Gemini and Amazon CodeWhisperSuitable for candidates with preferably over 5 years of work experience, proficiency in English and an eagerness to leverage Gen AI to solve real business problemsThe program offers the applications of Generative AI in various business functions like software engineering, sales and marketing, customer service, product research, and more.SAN FRANCISCO, May 7, 2024 /PRNewswire/ — Simplilearn, the world’s leading online bootcamp provider, has strengthened its partnership with Purdue University, renowned for its unwavering commitment to innovation, research, and education. Together, they proudly announced the launch of the  Generative AI for Business Transformation program. As the global demand for Generative AI skyrockets, with projections* soaring to $667.9 billion market by 2030, boasting a staggering annual growth rate of 24.4%, this program emerges as a pivotal force in the transformative journey into the Generative AI domain.

The program offers a comprehensive understanding of Generative AI and its applications across business functions such as sales, marketing, software engineering, customer service, data analytics, and product research & development. It empowers learners with the skills to automate tasks, predict trends, generate code, and personalize content using Generative AI and navigate its ethical considerations. From automated copywriting to predictive analytics, the program helps learners foster responsible and effective use of GenAI across diverse domains.
Learners can expect a dynamic learning experience with over 50 hours of live online classes, exposure to prominent Generative AI tools, and masterclasses conducted by the Purdue faculty and staff. Professionals will master the essentials of Generative AI, including LLMs, prompt engineering, ChatGPT, its applications and benefits to drive business outcomes.
Upon successfully completing the program, learners will receive a certificate jointly issued by Purdue University Online and Simplilearn and access to Purdue’s Alumni Association membership for global recognition.
The program is suitable for professionals with over 5 years of work experience, proficiency in English and an eagerness to leverage Generative AI to solve real business problems. The program is designed for a diverse range of professionals, including business Leaders, C-suite executives, mid-senior level managers, functional heads, consultants, technology professionals, data professionals and entrepreneurs.
Speaking about the program, Mr. Anand Narayanan, Chief Product Officer of Simplilearn, said,”Our collaboration with Purdue University Online brings together the excellence of the world’s leading online bootcamp provider and leading academic institution known for its commitment to innovation, research, education, and expertise in the AI and ML fields. This program will empower business leaders, mid-senior level managers, functional heads, and technology professionals with the skills to stay at the forefront of industry advancements. With Gen AI at its core, learners will be equipped to navigate in today’s dynamic AI landscape, fostering responsible innovation, and business transformation ideas.”
Dimitrios Peroulis, Senior Vice President for Purdue University Online, said, “As a beacon of academic excellence, Purdue University Online is excited to partner with Simplilearn in delivering a transformative learning experience through the Generative AI for Business Transformation program. This collaboration reflects our commitment to providing high-quality education and preparing professionals for the challenges and opportunities presented by emerging technologies like Generative AI.”
About Purdue University
Purdue University is a public research institution demonstrating excellence at scale. Ranked among top 10 public universities and with two colleges in the top four in the United States, Purdue discovers and disseminates knowledge with a quality and at a scale second to none. More than 105,000 students study at Purdue across modalities and locations, including nearly 50,000 in person on the West Lafayette campus. Committed to affordability and accessibility, Purdue’s main campus has frozen tuition 13 years in a row. See how Purdue never stops in the persistent pursuit of the next giant leap — including its first comprehensive urban campus in Indianapolis, the new Mitchell E. Daniels, Jr. School of Business, and Purdue Computes — at:
https://www.purdue.edu/president/strategic-initiatives 
About Simplilearn
Founded in 2010 and based in San Francisco, California, and Bangalore, India, Simplilearn, a Blackstone portfolio company, is the world’s #1 online Bootcamp for digital economy skills training. Simplilearn offers individuals and businesses worldwide access to world-class work-ready training. The Bootcamps are designed and delivered with world-renowned universities, top corporations, and leading industry bodies via live online classes featuring top industry practitioners, sought-after trainers, and global leaders. From college students and early career professionals to managers, executives, small businesses, and big corporations, Simplilearn’s role-based, skill-focused, industry-recognized, and globally relevant training programs are ideal upskilling solutions for diverse career or business goals.
Simplilearn conducts more than 3,000 live classes monthly, with an average of 80,000 learners who spend more than 500,000 hours on the platform. Its programs allow learners to upskill and get certified in popular domains. 
For more information, please visit www.simplilearn.com/
*Fortune Business Insights.
 
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NetSuite Awarded Frost & Sullivan’s 2024 Global Company of the Year Award for Leading Innovation in Cloud Business Management Solutions

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NetSuite revolutionizes cloud enterprise resource planning (ERP) with its all-in-one cloud business suite that helps drive efficiency and visibility for organizations worldwide
SAN ANTONIO, May 7, 2024 /PRNewswire/ — Frost & Sullivan recently researched the cloud ERP market and, based on its findings, recognizes Oracle NetSuite with the Global Company of the Year Award. NetSuite is an integrated cloud business system that helps businesses simplify core processes, improve productivity, expand insights, and grow more efficiently.

View the full multi-media landing page: https://best-practices.frost.com/oracle-netsuite/
NetSuite’s leadership in the cloud ERP space is evident with more than 37,000 customers across diverse sectors, including education, energy, finance, healthcare, manufacturing, and retail. Additionally, the company adopts a pioneering approach to embedding artificial intelligence (AI), which makes it stand out in the market. Leveraging Oracle Cloud Infrastructure’s advanced supercluster technology, NetSuite provides powerful AI capabilities that deliver actionable insights and increase the speed and accuracy of business processes. By embedding generative AI capabilities across the suite, NetSuite empowers global organizations to maximize productivity and make informed decisions based on real-time insights.
With NetSuite, upgrades are seamlessly delivered so customers are always using the latest version of its software, which improves access to cutting-edge features. Furthermore, the company’s extensive partner and professional services ecosystem significantly enhance the customer experience, enabling businesses to optimize the value of their NetSuite investment.
“Opportunities for AI include automation (data entry, financial analysis, and inventory management), actionable insights (better decision-making using real-time insights and predictions about customers and competitors), human-like interaction (integrating machine learning (ML) and natural language processing), and anomaly detection (enhanced security and detection of unexpected patterns). NetSuite currently has all these elements in its product suite. AI is embedded in business processes within NetSuite and also available in the form of assistants and advisors,” said Sankara Narayanan, Industry Director at Frost & Sullivan.
To address its customers’ growing curiosity about AI and its business implications, NetSuite leverages its Learning Lab events to provide customers and end users with hands-on training and expert guidance on how to effectively integrate AI and automation across operations. With this unique approach, NetSuite guarantees that customers have the knowledge and skills to optimally leverage AI capabilities within their businesses and connect with like-minded innovators in various cities across the U.S. and Canada.
NetSuite’s continuous focus on innovation and customers has made it stand out in the cloud ERP market, and it continues to deliver more features than most of its competitors, whose solutions are less capable than those of NetSuite’s system.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:Lindsey WhitakerP: +1 (210) 477-8457E: [email protected] 
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