Connect with us
European Gaming Congress 2024

Artificial Intelligence

Underwater Robotics Market to Reach USD 5.003 Billion, at a 12.50% CAGR By 2030 – Market Research Future (MRFR)

Published

on

New York, USA, June 23, 2023 (GLOBE NEWSWIRE) — According to a Comprehensive Research Report by Market Research Future (MRFR), Underwater Robotics Market Information by Type, Application, and Region – Forecast till 2030”, Underwater Robotics Market could thrive at a rate of 12.50% between 2022 and 2030. The market size will be reaching around USD 5.003 Billion by the end of the year 2030

Underwater Robotics Market Overview

The underwater robotics market refers to the industry involved in the development and deployment of robotic systems designed to operate underwater. These robots are equipped with various sensors and mechanisms that enable them to perform tasks such as exploration, inspection, maintenance, and research in challenging underwater environments. Underwater robotics finds applications in diverse sectors, including offshore oil and gas, marine research, defense and security, environmental monitoring, and underwater archaeology. These robots play a crucial role in tasks that are hazardous or impossible for human divers, offering enhanced efficiency, precision, and safety.

Get a Free Sample PDF Brochure –

https://www.marketresearchfuture.com/sample_request/7605

Advertisement

Market Competitive Landscape:

The affluent companies in the Underwater Robotics industry include

  • Atlas Maridan ApS.
  • Deep Ocean Engineering Inc.
  • General Dynamics Mission Systems Inc.
  • International Submarine Engineering Ltd.
  • ECA SA
  • Eddyfi
  • Oceaneering International Inc.
  • Saab AB
  • TechnipFMC plc
  • Soil Machine Dynamics Ltd.

Scope of the Report – Underwater Robotics Market:

Report Metrics Details
  Market Size by 2030 USD 5.003 Billion
  CAGR during 2022-2030 12.50%
  Base Year 2021
  Forecast 2022-2030
Key Market Opportunities Modern technology may now be included into robot products thanks to technical developments in sensors and imaging systems
Key Market Dynamics The rising demand from several nations for underwater robots for use in defense and security applications


Browse In-depth Market Research Report (106 Pages, Charts, Tables, Figures
) on Underwater Robotics Market–

https://www.marketresearchfuture.com/reports/underwater-robotics-market-7605

Latest Industry Updates (May 2023)

Advertisement

General Dynamics Mission Systems Inc., a key player in the underwater robotics market, announced the successful completion of a project in May 2023. The company delivered a state-of-the-art autonomous underwater vehicle (AUV) system that can perform complex underwater missions with high levels of autonomy and reliability. This development showcases the continuous advancements in underwater robotics technology, enabling more efficient and capable systems for various applications.

Underwater Robotics Market USP Covered:

Underwater Robotics Market Drivers:

Three major factors driving the underwater robotics market are technological advancements, increasing demand for deep-sea exploration and research, and the growing need for underwater infrastructure maintenance. Technological advancements in areas such as autonomous navigation, artificial intelligence, and sensor technology have significantly enhanced the capabilities of underwater robots, enabling them to operate in extreme conditions and conduct complex tasks with minimal human intervention. The demand for deep-sea exploration and research is driven by the need to explore and understand the vast underwater ecosystems, discover new resources, and study marine life. Additionally, the maintenance and inspection of underwater infrastructure, such as offshore oil and gas platforms and subsea cables, require specialized robotic systems to ensure efficiency, safety, and cost-effectiveness.

Underwater Robotics Market Restraints:

Advertisement

Despite the market’s growth potential, several factors restrain the underwater robotics market. One significant restraint is the high cost associated with the development, deployment, and maintenance of underwater robotic systems. The complexity of the technology, the need for specialized materials and components, and the challenges of operating in harsh underwater environments contribute to the overall cost. Another challenge is the limited accessibility and availability of skilled operators and technicians trained in underwater robotics. The specialized knowledge and expertise required to operate and maintain these systems pose a barrier to widespread adoption.

Buy Premium Research Report Now:

https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=7605

COVID 19 Analysis

The COVID-19 pandemic had a mixed impact on the underwater robotics market. While the pandemic initially caused disruptions in the supply chain and affected project timelines, it also highlighted the importance of automation and remote operation capabilities offered by underwater robotics. During the pandemic, the demand for unmanned and remotely operated systems increased, as they allowed for continued operations without risking human health and safety. In the post-COVID scenario, the market is expected to rebound and witness accelerated growth as industries resume their operations and invest in advanced technologies for underwater exploration, research, and infrastructure maintenance.

Advertisement

Underwater Robotics Market Segmentation

By Type

The Type in the market includes Remotely Operated Vehicles and Autonomous Underwater Vehicles.

By Application

By Application, the segment includes Commercial Exploration, Defense and Security, Scientific Research and Underwater construction

Advertisement

Underwater Robotics Market Regional Insights

North America’s substantial investments in research and development further propel the market forward, fostering innovation and driving the development of cutting-edge underwater robotics systems. Additionally, the strong focus on offshore oil and gas exploration in North America plays a crucial role in the market’s dominance. The region has extensive offshore reserves, and the use of underwater robotics technology is essential for exploration, maintenance, and inspection activities in these offshore areas. The demand for efficient and reliable underwater robots in the oil and gas industry drives the market growth in North America.

Europe closely follows North America in the underwater robotics market. The region is known for its robust marine research initiatives, which involve the exploration of marine ecosystems, environmental monitoring, and scientific studies. Europe’s extensive coastline provides ample opportunities for underwater robotics applications, including research, exploration, and environmental conservation efforts. Moreover, Europe is home to major offshore energy projects, such as offshore wind farms, where underwater robots are utilized for maintenance and inspection tasks. These factors contribute to the growth of the underwater robotics market in Europe.

Ask for Customization –

https://www.marketresearchfuture.com/ask_for_customize/7605

Advertisement

The Asia Pacific region is witnessing rapid growth in the underwater robotics market. The increasing investments in oceanographic research, offshore renewable energy projects, and maritime security concerns are driving the demand for underwater robotics solutions in the region. Countries like China and India, with their emerging economies, are making significant investments in underwater robotics technology. The expansion of offshore wind energy projects, coupled with the need for efficient underwater exploration and surveillance capabilities, contributes to the growth of the market in Asia Pacific. The Underwater Robotics market in Europe is driven by factors such as the increasing adoption of Underwater Robotics in various industries, growing demand for customized products, and government initiatives to promote the use of Underwater Robotics technology. The automotive industry is a major driver of the market as Underwater Robotics technology is being used to manufacture complex parts and prototypes.

Related Reports:

  • Industrial Metrology Market Research Report Information By Offering, By Equipment, By Application, By End-User Industry, and By Region– Market Forecast Till 2032
  • Laser Diode Market Research Report Information By Wavelength, By Doping Material, By Technology– Market Forecast Till 2032
  • Waveguide Market Research Report Information By Component, By Type, By End User, and By Region – Market Forecast Till 2032

Browse through more Semiconductor & Electronics Research Reports.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Advertisement

Contact Us:

Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
Follow Us: LinkedIn | Twitter

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

Artificial Intelligence

Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

Published

on

flat-ads-makes-its-mark-at-dmexco-2024:-showcasing-strength-in-programmatic-advertising

COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.
With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.
Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.
By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.
As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

Continue Reading

Artificial Intelligence

Fraud Detection & Prevention Market to Reach $252.7 Billion, Globally, by 2032 at 24.3% CAGR: Allied Market Research

Published

on

fraud-detection-&-prevention-market-to-reach-$2527-billion,-globally,-by-2032-at-24.3%-cagr:-allied-market-research

The introduction of big data analytics, cloud computing services, and an upsurge in mobile payment drive the growth of the market.
PORTLAND, Ore., Sept. 20, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Fraud Detection & Prevention Market by Component (Solution and Service), Deployment Mode (On-Premises and Cloud), Organization Size (Large Enterprises and Small and Medium-sized Enterprises) and Industry Vertical (BFSI, IT and Telecom, Retail, Healthcare, Government and Defense, Manufacturing, Transportation and Logistics and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the “fraud detection & prevention market” was valued at $29.5 billion in 2022, and is projected to reach $252.7 billion by 2032, growing at a CAGR of 24.3% from 2023 to 2032.

The introduction of big data analytics, cloud computing services, and an upsurge in mobile payment drive the growth of the market. In addition, the rise in the adoption of banking & financial sectors across the globe fuels the growth of the market. Moreover, continuous technological advancements are expected to provide lucrative opportunities for the growth of the market during the forecast period. On the contrary, the high cost of fraud detection and prevention solutions limits the growth of the fraud detection & prevention market.
Request Sample Pages: https://www.alliedmarketresearch.com/request-sample/2142
The solution segment held the highest market share in 2022. 
By component, the solution segment dominated the market in 2022, this dominance is driven by the increasing demand for advanced technological solutions that can effectively detect, monitor, and prevent fraudulent activities across various industries such as banking, e-commerce, and insurance. Solutions like AI-based fraud detection, machine learning algorithms, and behavioral analytics have become critical tools in identifying potential fraud in real time and reducing financial losses. However, the service segment is expected to witness the largest CAGR of 28.0%, this growth is driven by the increasing need for specialized services such as consulting, implementation, and maintenance to help organizations effectively integrate and optimize fraud detection solutions.
The BFSI segment held the highest market share in 2022.
By industry vertical, the BFSI segment accounted for the largest share in 2022. This is primarily due to the high frequency and sophistication of fraud targeting financial institutions, making fraud detection and prevention solutions a critical need in the BFSI sector. Financial transactions, online banking, and digital payments are particularly vulnerable to cyberattacks, phishing schemes, and identity theft, driving the sector’s substantial investment in advanced fraud detection technologies. However, the retail segment is expected to witness the largest CAGR of 32.7%. This anticipated growth is driven by several factors. Retailers are increasingly targeted by fraudsters due to the high volume of transactions and the sensitivity of customer data involved. As e-commerce and digital transactions expand, the need for advanced fraud detection and prevention solutions becomes more critical.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/2142
Regional Insights: The North America region held the highest market share in 2022. 
By region, the fraud detection & prevention market was dominated by North America in 2022. North America, particularly the U.S., has a highly developed financial and technological infrastructure that supports advanced fraud detection solutions. The region’s significant investments in cybersecurity and fraud prevention technologies, combined with a high incidence of cyber threats, drive continuous innovation and adoption of sophisticated fraud management systems. 
Buy this Complete Report (415 Pages PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/fraud-detection-and-prevention-market/purchase-options
Key Industry Developments 
In February 2024, the U.S. Department of the Treasury announced that it has recovered over $375 million as a result of its implementation of an enhanced fraud detection process that utilizes Artificial Intelligence (AI) at the beginning of Fiscal Year 2023.In April 2024, Cognizant collaborated with FICO, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and machine learning (ML) technology to help banks and other payment service providers in North America protect their customers from fraud in the growing world of instant digital payments.In September 2022, Deutsche Bank collaborated with Visa, to help prevent online retail fraud. Merchants who process their e-commerce payments via Deutsche Bank can now use “Decision Manager,” an automated fraud detection system from Visa-owned company Cybersource.AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.Int’l: +1-503-894-6022Toll Free: +1-800-792-5285UK: +44-845-528-1300India (Pune): +91-20-66346060Fax: [email protected] 
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/fraud-detection–prevention-market-to-reach-252-7-billion-globally-by-2032-at-24-3-cagr-allied-market-research-302253960.html

Continue Reading

Artificial Intelligence

G42 Collaborates with NVIDIA to Deliver Next-Generation Climate Solutions Using Earth-2

Published

on

g42-collaborates-with-nvidia-to-deliver-next-generation-climate-solutions-using-earth-2

ABU DHABI, UAE, Sept. 20, 2024 /PRNewswire/ — G42, a leader in AI and cloud computing, today announced that it is partnering with NVIDIA to advance climate technology with a focus on developing AI solutions aimed at dramatically enhancing the accuracy of weather forecasting globally.

The collaboration builds on NVIDIA’s Earth-2, an open platform that accelerates climate and weather predictions with interactive, AI-augmented, high-resolution simulation. G42 and NVIDIA will initially focus on a square-kilometer resolution weather forecasting model that improves the accuracy of meteorological predictions.
Key to this initiative is the establishment of a new operational base and Climate Tech Lab in Abu Dhabi. This state-of-the-art facility will serve as a hub for research and development, driving forward both companies’ commitment to environmental sustainability. This facility will also mobilize the creation of tailored climate and weather solutions that leverage over 100 petabytes of geophysical data assets.
Peng Xiao, Group CEO of G42, said, “This initiative with NVIDIA is a testament to our commitment to applying AI in ways that not only innovate but also solve critical global challenges. Establishing the Earth-2 Climate Tech Lab in Abu Dhabi allows us to leverage our unique capabilities and insights to foster a sustainable future for the world.”
In addition to fostering innovation in climate technology, the initiative will focus on building a robust framework for integrating enhanced weather prediction capabilities with comprehensive data metrics and visualization. This will assist organizations worldwide in achieving their sustainability goals through well-informed, data-driven environmental strategies.
“Our collaboration with G42 marks a pivotal step toward harnessing AI to understand and predict climate phenomena with unprecedented accuracy,” said Jensen Huang, founder and CEO of NVIDIA. “The Earth-2 Climate Tech Lab will propel environmental solutions using the most advanced accelerated computing and AI technology to benefit millions of people around the world.”
By uniting G42’s AI expertise with NVIDIA’s computational acumen, this partnership aims to deliver transformative climate solutions that combine scientific accuracy with real-world applicability, driving impactful change across industries and ecosystems.
About G42
G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow. Born in Abu Dhabi and operating worldwide, G42 champions AI as a powerful force for good across industries. From molecular biology to space exploration and everything in between, G42 realizes exponential possibilities, today. To know more visit www.g42.ai.
Media contactsMedia and PR Team, [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/g42-collaborates-with-nvidia-to-deliver-next-generation-climate-solutions-using-earth-2-302253818.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending