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Global Security Robots Market to Generate USD 119.30 Billion by 2030, Outlines a New Report by Next Move Strategy Consulting

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New York, Feb. 28, 2023 (GLOBE NEWSWIRE) — According to a report published by Next Move Strategy Consulting, the Security Robots Market generated USD 32.23 billion in 2022 and is projected to garner USD 119.30 billion by 2030, registering a CAGR of 13.4% from 2022 to 2030.

The increasing use of unmanned underwater vehicles (UUVs) for port security purposes, such as inspecting ships for false hulls and propeller shafts used by smugglers to conceal contraband, drives the security robots market. These UUVs can remain undetected underwater due to their small size and specialized propulsion mechanism.

Moreover, the increasing use of security robots, such as unmanned aerial vehicles in defense sectors, for a wide range of military applications such as mapping, surveillance, military logistics, and combat operations fuels the demand for security robots. In addition, these modern military UAVs can be outfitted with aerial firepower and used in combat operations because of their stealthy nature and high maneuverability.

However, factors such as the high deployment cost of security robots and the lack of skilled operators hamper the market growth. On the other hand, introducing AI-enabled, fully autonomous security robots capable of automatically avoiding collisions by leveraging computer vision technology is expected to create multiple growth opportunities in the coming years.

The research offers a detailed analysis of the drivers, restraints, and opportunities prevalent in the market to understand the changing market dynamics. Moreover, the research extensively analyzes major segments and their sub-segments to identify the fastest-growing and highest revenue-generating segments.

Providing a comprehensive analysis of the market across 404 pages, accompanied by 313 tables and 274 figures, this report will provide guidance for market players, investors, and startups as they devise strategies for sustainable growth over the next few years. Furthermore, the report highlights the impact of COVID-19 on the global security robots market.

Request a free sample: https://www.nextmsc.com/security-robots-market/request-sample

Report Coverage Details
Forecast Period 2022–2030
Base Year 2021
Market Size in 2021 USD 32.23 Billion
Market Size in 2030 USD 119.30 Billion
CAGR 13.4%
No. of Pages 404
Tables 313
Figures 274
Segments Covered Component, Type, Applications, End User, And Region
Drivers Rising adoption of security robots for safeguarding public places
Increasing adoption of security robots by military
Opportunity Adoption of new technologies for energy storage systems in UAVs

The report identifies driving factors, restraining factors, and opportunitiesin the market. The global security robots market is growing due to the increasing adoption of security robots in defence sector and  use of security robots for safeguarding public places. However, factors such as lack of trained operators and high deployment cost of security robots restraints the growth of the market.

Identifying the opportunities that leading players can leverage to increase their market share, Next Move Strategy Consulting’s Lead Analyst for Semiconductor & Electronics commented, “Advancements in robotic communication technology will overcome reliability issues associated with security robots and create new opportunities in the near future.”

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North America accounted for the highest share in 2021 and is expected to remain dominant throughout the forecast period. This is attributed to the factors such as the high military and defense expenditure in countries such as U.S. and Canada, which enables them to adopt new technologies and advanced security robots.

On the other hand, Asia-Pacific is estimated to grow steadily during the forecast period due to factors such as the increasing adoption of unmanned ground vehicles (UGVs) by the defense sector in countries such as China, Japan, and India for various military operations such as weapons platform, logistics carriers, reconnaissance, and surveillance.

The study analyzes each region and the respective countries by segments and sub-segments to outline the steps to consolidate their presence in the robotic gripper industry. Furthermore, this analysis helps determine the fastest-growing and highest-revenue-generating segments to take the next step accordingly.

If you have any queries, you can inquire before purchasing: https://www.nextmsc.com/security-robots-market/inquire-before-buying

The report offers an extensive analysis of the competitive landscape of the global security robots market. Some major market players in the security robots market are Lockheed Martin Corporation, Northrop Grumman, BAE Systems, Leonardo S.p.A., Elbit System, Kongsberg, QinetiQ, L3Harris Technologies Inc., Thales, AeroVironment Inc., and among others.

Also, Browse Related Reports:

Unmanned Ground Vehicle (UGV) Market by Size (Small, Medium, and Heavy), by Mode of Locomotion (Tracked, Wheeled, and Legged), by Operation (Tele-operated and Automated), and Application (Commercial and Defense) – Global Opportunity Analysis and Industry Forecast, 2022 -2030

Unmanned Aerial Vehicle Market by Type (Fixed-Wing UAVs, Multirotor UAVs, Single Rotor UAVs, and Hybrid VTOL UAVs), by Application (Military, Civil and Commercial, Homeland Security, and Consumer), by Class (Small UAV, Tactical UAV, Strategic UAV, and Special Purpose UAV), by Operation (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS), and Beyond Line of Sight (BLOS)) – Global Opportunity Analysis and Industry Forecast, 2022 – 2030

Maritime Reconnaissance and Surveillance Technology Market by Component (Hardware (Radar, Sensors, AIS Receiver, Camera, SONOBUOYS/Sonar, and Others), Software, Services (Manage Services/Maintenance, Integration, and Implementation, Training, and Consulting)), by Platform (Airborne (Unmanned Aerial Vehicle, Maritime Patrol Aircraft (MPA), and Aerostat), Surface Ships, Under Water Vehicle (Submarine and Underwater Drones))- Global Opportunity Analysis and Industry Forecast, 2022 – 2030

About Us:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider committed to delivering high-quality market research reports that help multinational companies triumph over their competition and increase their industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining, and data analytics.

We have been servicing over 1000 customers globally, including 90% of Fortune 500 companies over a decade. Our analysts constantly track various high-growth markets and identify hidden opportunities in each sector or industry. We provide one of the industry’s best-quality syndicates and custom research reports across ten different industry verticals. We are committed to delivering high-quality research solutions per your business needs. Our industry-standard delivery solutions range from pre-consultation to after-sales services, provide an excellent client experience and ensure the right strategic decision-making for businesses.


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Artificial Intelligence

Tata Elxsi and Telefónica Collaborate to Achieve True Cloud-Native Infrastructure Management, Revolutionising Telecommunications Landscape

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BENGALURU, India and BARCELONA, Spain, Feb. 27, 2024 /PRNewswire/ — Tata Elxsi and Telefónica proudly announce a groundbreaking achievement in the realm of the automation of cloud infrastructure for telecommunications, with the successful implementation of true cloud-native infrastructure management powered by ETSI Open-Source MANO (ETSI OSM). This milestone represents a significant evolution in network management, enabling operators to build intent-driven network systems with unprecedented efficiency and agility.

Through this collaboration, Tata Elxsi and Telefónica have enhanced the capabilities of OSM, introducing innovative features such as infrastructure automation, serverless operations execution environments, and the deployment of multi-cloud Platform-as-a-Service (PaaS) solutions. These advancements mark a new phase in the evolution of Telco Cloud technologies and signify a commitment to driving digital transformation across the telecommunications industry.
The integration of OSM with Tata Elxsi’s award-winning NEURON platform represents a pivotal moment in multi-domain transformation towards autonomous network systems. NEURON’s business intent-driven functionalities, coupled with OSM’s platform, provide operators with unparalleled control and flexibility in managing complex infrastructures.
“In our collaboration with Tata Elxsi, our objective is to advance the boundaries of technology and standardization, propelling operators towards cloud-native agility,” emphasised Francisco-Javier Ramón, Multicloud Tools Manager in gCTIO Unit at Telefónica.
“We are thrilled to partner with Telefónica to revolutionize the orchestration landscape,” commented B. Ramesh Ramanathan, Principal Architect, CTO Office at Tata Elxsi. “This collaboration enhances our presence within the open-source community and propels NEURON towards the realm of 5G and beyond and autonomous networks.”
The strategic collaboration between Tata Elxsi and Telefónica sets the stage for future advancements in Telco Cloud technology, paving the way for cutting-edge solutions that address the evolving needs of the telecommunications industry.  Powered by OSM, NEURON now possesses the capability to seamlessly integrate infrastructure, services, security, networking, and configuration into a unified, intent-driven deployment.
Please visit MWC Hall 2 – 2A53MR to see the joint demonstration by Telefónica and Tata Elxsi.
About Tata Elxsi
Tata Elxsi is a global design and technology services company that blends technology, creativity, and engineering to help customers transform ideas into world-class products and solutions. With expertise in industries such as automotive, broadcast, communications, healthcare, and more, Tata Elxsi is committed to driving innovation and delivering value to its clients worldwide. For more information, visit www.tataelxsi.com.
About Telefónica:
Telefónica is a leading telecommunications company operating in Europe and Latin America. With a presence in over 15 countries and a customer base exceeding 350 million, Telefónica is committed to providing cutting-edge solutions and services that enable individuals, businesses, and communities to connect and thrive in the digital world.
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Netcore Unbxd’s Strategic Expansion in Europe Fuels 150% Revenue Growth, Redefining Ecommerce in Europe

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LONDON, Feb. 27, 2024 /PRNewswire/ — Netcore Unbxd, a leading AI-powered Commerce Search and Product Discovery landscape player, proudly announces exceptional growth in the UK and European markets. This growth which has tripled in the last year, is marked by the successful onboarding of market-leading retailers, including Waitrose, Unilever Europe, Camper Footwear, Dobbies, Alohas, OceansApart, Goodform, and ResMed Europe. What sets this accomplishment apart is its tangible impact on the retailer’s bottom line, as they leverage the advanced capabilities of Netcore Unbxd’s platform, resulting in an impressive 40% surge in revenue and a substantial 25% increase in conversions.

As a wholly owned subsidiary of Netcore Cloud Pvt Ltd, Netcore Unbxd has strategically scaled its teams across key markets in the UK, France, Spain, and Portugal. Unbxd’s data infrastructure spans five regions, including one in the EU. Additionally, the region has established a comprehensive Go-To-Market (GTM) team comprising skilled professionals in customer success, account management, and sales to reinforce its commitment to providing exceptional services and support to its expanding clientele.
Netcore Unbxd’s success lies in the compelling stories of its customers, which include:
Fishpools, a significant player in the UK furniture industry, experienced a 51% increase in Average Order Value (AOV) and a 20% surge in search-related revenue within 12 months of implementing the Unbxd platform.Wex Photo Video, a leading electronics retailer, saw a remarkable 35% reduction in bounce rates within the same period.The company’s recognition as a leader in the Forrester Wave report in the Commerce Search and Product Discovery category in Q3 of 2023 further solidifies its position in the market. This is in addition to Netcore’s previous recognition as a top vendor in Email Marketing Services (Q1 2022) and Cross-Channel Marketing (Q1 2023).
Netcore Unbxd’s advanced AI technology empowers retailers to deliver highly personalised shopping experiences, optimising product discovery and ensuring a seamless shopper journey. The region’s platform has been highly successful, offering enterprise features such as omnichannel search, natural language processing (NLP) models, and multi-language understanding. Recent collaborations with industry leaders such as Unilever and Waitrose highlight the platform’s effectiveness across diverse UK and European sectors.
Nishant Jain, COO of Netcore Unbxd, stated, “Our vision is to revolutionise the ecommerce landscape by leveraging AI technologies like large language models (LLMs) and vector models to enhance product discovery. Netcore Unbxd, a platform designed for enterprise retailers, has observed a significant 150% growth in revenue within the region over the past year.”
Laura Burbedge, Director of Online at Waitrose, said, “We know that our customers are busy and have lots of demands on their time – they need to be able to fill their online shopping trolley quickly and easily with minimal effort. Through working with Unbxd we have already seen a significant improvement in customer satisfaction with our search feature, with more personalised results.”
As AI continues to evolve in ecommerce, Netcore Unbxd remains well-positioned to leverage innovative solutions that empower businesses to stay ahead of the curve.
About Unbxd
Netcore Unbxd is a cutting-edge AI-powered product discovery platform that elevates the ecommerce experience with personalised interactions. By providing a range of solutions, including contextually relevant Search, Personalisation, and Product Recommendations, alongside an intelligent Product Information Management (PIM) platform and an intuitive merchandising console, Unbxd offers brands the tools to optimise their ecommerce objectives. Noteworthy global brands such as Unilever, MattressFirm, Waitrose, Advance Auto Parts, Dillard’s, The Children’s Place, HSN, and Wex have trusted Unbxd. Across the world, Unbxd consistently delivers exceptional shopping journeys to countless online visitors at scale.
Media Contact:Mekhala [email protected] 
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ZwickRoell selects IFS Cloud to drive operational efficiency and support growth

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IFS Cloud ERP will streamline ZwickRoell’s processes to reduce complexity and improve efficiencies to build business resilience.
LONDON, Feb. 27, 2024 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced that ZwickRoell Gmbh & Co.KG, a leading worldwide manufacturer of materials testing equipment, has selected IFS Cloud in a strategic move to harmonize its business processes and deliver enhanced visibility across its operations.

The move to IFS Cloud was driven by the need to modernize its current Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) solution, which could no longer meet the business’ requirements needed to support its strategic growth plans.  Amid industry challenges, including global supply chain disruption, meeting sustainability goals and readiness for increased automation, ZwickRoell sought a new solution that would simplify its daily operations and eliminate existing IT operating risks.
IFS Cloud will enable the company to harmonize its disparate systems and simplify processes across its operations, driving continuous improvements and efficiency. With IFS Cloud, ZwickRoell will benefit from a single, composable digital platform that is designed to fit the needs of its complex manufacturing cycle today, from product development through to service and maintenance, and scale in future.
A key advantage of IFS Cloud is its evergreen model, which allows ZwickRoell to seamlessly integrate composable business applications across ERP, Enterprise Asset Management (EAM) and Field Service Management (FSM) as needed, enabling a solid data foundation across organization, and therefore delivering faster time to insight and minimizing costs. IFS Cloud will also enable the company to easily integrate users from MS Dynamics CRM systems, one of ZwickRoell’s key requirements.
Klaus Cierocki, CEO of ZwickRoell, said: “We are excited to begin a new chapter with IFS. Their manufacturing industry expertise and leading enterprise software differentiated them during the competitive selection process and they have given us complete confidence that they will support. IFS Cloud will provide us with the single platform that we knew was necessary to properly support our entire manufacturing and production cycle, ultimately helping us deliver better value to our customers and to build resiliency and agility into our business.”
Frank Beerlage, Managing Director DACH, IFS, said: “ZwickRoell is a strong family-run organization with traditions reaching back 160 years. Its values of honesty and fairness and its commitment to its customers are deeply aligned with IFS’s own mission. Globally, we are seeing manufacturers are increasingly accelerating their adoption of cloud-enabled solutions to enable the agility needed in the face of global challenges. We look forward to partnering with ZwickRoell on their digital transformation journey with IFS Cloud a core part of their strategic growth plans.”
The scale of deployment will include 1,390 users and two sites in Germany and Austria, with an 18-month global rollout to follow.
About ZwickRoell
For more than 160 years ZwickRoell has delivered outstanding technical performance, innovation and quality, in materials and component testing. ZwickRoell testing machines are used in R&D and quality assurance in more than 20 industries with one common goal – reliable test results This is ensured by a team of 1,900 dedicated employees in +50 countries, with competence, openness and passion.
Learn more about how automation and digitalization can make testing processes more efficient, simpler and safer at zwickroell.com  
About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers-at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of over 6,000 employees every day live our values of agility, trustworthiness, and collaboration in how we support our 6,500+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
IFS Press Contacts:EUROPE / MEA / APJ: Adam GillbeIFS, Director of Corporate & Executive CommunicationsEmail: [email protected]: +44 7775 114 856
NORTH AMERICA / LATAM: Mairi MorganIFS, Director of Corporate & Executive CommunicationsEmail: [email protected]: +44 7018 607 299
The following files are available for download:
https://mb.cision.com/Public/855/3935600/ad3dc38ca4cb4f61.pdf
ZwickRoell PR Final
https://news.cision.com/ifs/i/zwickroell930x423,c3271329
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