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Packaging Robots Market to reach USD 9.52 Bn by 2029 at CAGR of 14.18 percent over forecast period

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Dublin, March 20, 2023 (GLOBE NEWSWIRE) — Maximize Market research, a global Automation & Process Control market research firm, has published competitive intelligence and market research report on “Packaging Robots Market“. The Packaging Robots Market size was valued at USD 3.29 Bn in 2021. The total Packaging Robots Market revenue is expected to grow at a CAGR of 14.18 percent from 2022 to 2029, reaching USD 9.52 Bn during the forecast period.

Market Size in 2021 USD 3.29 Bn
Market Size in 2029 USD 9.52 Bn
CAGR 14.18 percent (2022-2029)
Forecast Period 2022-2029
Base Year 2021
Number of Pages 265
No. of Tables 120
No. of Charts and Figures 115
Segment Covered By Gripper Type, Application, and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Packaging Robots Market Scope and Research Methodology

The objective of the report is to provide an in-depth analysis of the Packaging Robots Market including stakeholders of the industry. The report is an analysis on the Packaging Robots Market by region, segments and competitive benchmarking. For the better understanding of the global factors affecting the Packaging Robots Market, the report presents market drivers, challenges, restraints and opportunities prevailing in the Packaging Robots Market. The report is equipped with a competitive analysis of the Packaging Robots Market. Segments covered in the report are Gripper Type, Application, and End User.

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External as well as internal factors that are supposed to affect the market growth have been analysed in the report, which provides a clear view of the market to the decision maker. Secondary research was used to collect information for the extensive, market-oriented, and commercial analysis of the Packaging Robots Market. Primary research was conducted to verify the quantitative and qualitative information collected through secondary research from the Packaging Robots Market. Porter’s five force analysis, SWOT and PESTEL analysis was conducted with the potential impact of micro-economic factors by region. The report is equipped with a competitive analysis of the Packaging Robots Market players.

Packaging Robots Market Overview

Packaging robots are robot arms programmed to move along a pre-defined route in order to pick up objects from storage locations and place them into shelves. Packaging robots helps to speed up the process of packaging. Robotic functionalities provide adaptability to new processes and reduce footprint requirements. Rapid industrialization and requirement for automation to boost the Packaging Robot market growth.

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Rising demand for computerization across industries to boost the Packaging Robots Market growth

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Need of robots for maximum & reliable performance, and cost savings related with robotic packaging frameworks with the growth of the retail and online business industries is expected to fuel the Packaging Robots Market growth. Packaging robot are reliable and offers good branding information. Adoption of packaging machinery improves cycle time and product quality. Implementation of robotic automation in packaging units to improve efficiency of equipment with sustainable product efficiency is expected to fuel the demand for the Packaging Robots Market. Demand for Packaging Robots in E-commerce industries to fulfill the process over manual item picking is expected to influence the demand for the Packaging Robots Market.

High capital investment for the installation of automated packaging robot is expected to restrain the Packaging Robots Market growth. Lack of skilled professionals in the market is expected to hamper the packaging Robot Market growth.

Asia-Pacific region to dominate the Packaging Robots Market over the forecast period

Adoption of packaging robots in the developing countries across the region is expected to boost the Packaging Robot Market growth. Availability of low-cost packaging robots with innovative automation technology to meet retailer and consumer requirements in the region is expected to influence the regional Packaging Robot Market growth. Usage of vision sensor technology and the rising use of packing robots as a result of high levels of automation and intelligent modernization is fuelling the regional Packaging Robots Market growth.

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Packaging Robots Market Segmentation

Based on Application, Pick & Place segment to witness a significant growth rate during the forecast period

Growth in the E-commerce sector and the demand for packaging robots from the e-commerce industry is expected to boost the demand for the Packaging Robots Market growth. Efficiency and cost helps to improve automation on item picking.

Packaging segment is expected to influence the Packaging Robots Market growth. A robot designed and optimized for packing applications are easily handled for top loading of boxes and feeding of products to end loaders and is expected to boost the Packaging Segment growth.

Based on End-user, Food & Beverages segment to dominate the Packaging Robot Market growth over the forecast period

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Government initiative for food safety helps to increase the demand for automation solutions in the Food & Packaging industry. Packaging robots technology help the food production and processing industries to maintain consistency in the quality of the products and is expected to drive the Food & Beverages segment in the Packaging Robot Market growth.

By Gripper Type:

  • Clamp
  • Claw
  • Vacuum
  • Others

By Application:

  • Pick & place
  • Packing
    • Case packing
    • Tray packing
    • Filling
    • Others
  • Palletizing
    • Case palletizing
    • Bag palletizing
    • De-palletizing

By End User:

  • Manufacturing
  • Food & beverage
  • Logistics
  • Pharmaceutical
  • Others

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/53670

Packaging Robots Market Key Players include

  • ABB Limited
  • Remtec Automation LLC.
  • Guangzhou Risong Intelligent Technology Holding
  • Brokk AB (SE)
  • Durr Systems
  • Amada Co Ltd.
  • FIPA GmbH
  • Kejie Group
  • Star Seiki Co
  • Krones AG
  • Fanuc Corporation
  • Schneider Electric SE
  • Yaskawa America Inc.
  • Mitsubishi Electric Corporation
  • Bosch Packaging Technology (Robert Bosch GmbH)
  • Brenton Engineering
  • Kuka Roboter GmbH
  • Ylog GmbH
  • Weiss Robotics
  • Suzhou GST Technology
  • Adept Technology
  • Fanuc
  • IAM Robotic
  • Kindred
  • RightHand Robotics
  • Takeoff Technologies Inc.
  • Alert Innovation, Inc.

ABB Limited:

ABB is a technology leader in automation enabling a more sustainable and resource-efficient future. The strategy of the company is to build strong position in the process automation and Robotics & Discrete automation to create superior value for all stakeholders. The total annual revenue of the company in 2022 was USD 29.446 Bn with 1.73 percent increase year over year.

Remtec Automation LLC:

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Remtec is a systems integrator for Fanuc Robotics and a control platform providers. Strength of company is to design, build, and install unique product handling needs. Remtec continues to be a leader and innovator in industrial automation. The total annual revenue of the company is USD 7.8 Mn in 2022.

Key questions answered in the Packaging Robots System Market are:

  • What are Packaging Robots?
  • What was the Packaging Robots market size in 2021?
  • What is the forecast period of Packaging Robots market?
  • What will be the Packaging Robots market size by 2029?
  • What is the growth rate of the Packaging Robots Market?
  • Which factors are expected to influence the Packaging Robots Market growth?
  • What factors are expected to hamper the Packaging Robots Market growth?
  • Which segment dominated the Packaging Robots Market growth?
  • What is the demand pattern for the Packaging Robots market?
  • Which region held the largest share in the Packaging Robots market?
  • Who are the key players in the Packaging Robots market?

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/53670

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Gripper Type, Application, and End User
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Automation & Process Control research firm, has also published the following reports:

Retail Robotics Market: The total market size was valued at USD 10.60 Bn in 2022 and is expected to grow at a CAGR of 32.5 percent through the forecast period reaching USD 76 Bn by 2029. Increasing automation and personalization in retails sector is expected to drive the market growth.

Metal Casting Robots Market: The total market size is expected to reach USD 16.45 Bn in year 2029, at a CAGR of 12.39 percent during the forecast period. Rising robot-based automation in the metal foundry industry is expected to influence the market growth.

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Self-driving Robots Market: The total market size is expected to reach USD 1423.6 Mn by 2029, at a CAGR of 15.23 percent during the forecast period. Rising fuel costs and time constraints caused by consumers’ hectic schedules is expected to boost the market growth.

Artificial Intelligence (AI) in Robotics Market: The total market size is expected to grow at 38.5 percent throughout the forecast period, reaching USD 93.41 Bn by 2029. Increasing needs of automation and demands for lesser human interventions is expected to boost the market growth.

Logistics Robots Market: The total market size is expected to grow at 16.4 percent throughout the forecast period, reaching nearly USD 27.44 Bn by 2029. Demand from the online retailer and rising need for safety amongst workers is expected to boost the market growth.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Artificial Intelligence

Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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Artificial Intelligence

How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence

Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645
Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
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 System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
Drone Sensor Market Size, Share, Industry Growth & Trends by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region – Global Forecast to 2029
Smart Agriculture Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Hardware, Software, Services), Agriculture Type, Farm Size (Large, Medium, Small), Application (Precision Farming, Livestock Monitoring) and Region (America, Europe, Asia Pacific, Row) – Global Forecast to 2028
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/anti-drone-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/anti-drone.asp
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