Connect with us
European Gaming Congress 2024

Artificial Intelligence

Humanoid Robot Market worth $13.8 billion by 2028 – Exclusive Report by MarketsandMarkets™

Published

on

humanoid-robot-market-worth-$13.8-billion-by-2028-–-exclusive-report-by-marketsandmarkets™

CHICAGO, July 14, 2023 /PRNewswire/ — The humanoid robot market size is valued at USD 1.8 billion in 2023 and is anticipated to be USD 13.8 billion by 2028; growing at a CAGR of 50.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. The key factors contributing to the growth of the humanoid robot market include the increasing use of humanoids as educational robots and the surging demand for humanoid robots from the retail and household as personal assistance.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99567653
Browse in-depth TOC on “Humanoid Robot Market”100 – Tables50 – Figures220 – Pages
Humanoid Robot Market Report Scope:
Report Coverage
Details
Market Revenue in 2023
$1.8 billion
Estimated Value by 2028
$13.8 billion
Growth Rate
Poised to grow at a CAGR of 50.2%
Market Size Available for
2019–2028
Forecast Period
2023–2028
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Component, Motion Type, Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Limited Market Awareness Hindering Humanoid Robot Adoption
Key Market Opportunities
Increasing demand for robots in different fields of rescue operations
Key Market Drivers
Rising demand for humanoid robots from the medical sector
 
Education and entertainment application segment witnessed the highest growth during the forecast period.
The humanoid robot market for the education and entertainment application segment is expected to grow at the highest CAGR during the forecast period.  The growing use of technology in education is fueling the deployment of humanoid robots in schools and driving the market’s growth for the education and entertainment application segment. Humanoid robots have become popular as interactive and engaging toys, offering children and enthusiasts a unique and futuristic play experience. They can perform entertaining dances, play games, and even respond to voice commands, providing hours of fun and amusement. Additionally, these robots serve as companions, offering emotional support and interactive experiences for individuals seeking companionship. By blending entertainment and functionality, humanoid robots are revolutionizing how we interact and engage with technology in various sectors.
Biped humanoid robots hold the largest market share during the forecast period.
The growing adoption of biped humanoid robots in applications such as personal assistance and caregiving, public relations, and education and entertainment is expected to drive the market growth for the biped motion type segment during the forecast period. Biped robots, such as Honda (Japan) ASIMO and Boston Dynamics (US) Atlas, have significantly contributed to the field of robotics, showcasing advanced mobility and human-like dexterity. With its exceptional agility and movement capabilities, Honda’s ASIMO has garnered industry attention. Similarly, Boston Dynamics’ Atlas, known for its balance and agility, can easily navigate challenging terrains. SoftBank Robotics’ (Japan) NAO, a small biped robot primarily designed for educational and research purposes, has also played a vital role in advancing the field. These diverse biped robots, along with others like Toyota’s (Japan) T-HR3 and the HRP series developed by AIST (Japan), have collectively pushed the boundaries of robotics and opened up new possibilities for the future.
Hardware is expected to hold the largest market share during the forecast period.
The hardware includes sensors, actuators, power sources, control systems, and others (body materials and electronic, electrical, and mechanical components, which work together to perform a specific task). The hardware components add significant value to the humanoid robots by giving them a human-like appearance. The combination of hardware elements in humanoid robots enables the seamless integration of advanced technologies, enabling them to closely resemble humans and perform tasks across diverse industries, including healthcare, entertainment, research, and education.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=99567653
Asia Pacific to grow at the fastest CAGR during the forecast period.
The Asia Pacific region is expected to grow at the fastest CAGR in the humanoid robot industry during the forecast period. The increasing aging population in countries such as China and Japan will likely increase the deployment of humanoids for caregiving and personal assistance in the coming years in the Asia Pacific. Large and established humanoid robot manufacturing companies that have made significant investments in R&D to gain a competitive edge also support the regional market’s growth. SoftBank Robotics (Japan), ROBOTIS INC (South Korea), KAWADA ROBOTICS CORPORATION (Japan), Honda Motor Co., Ltd. (Japan), and UBTECH Robotics Corp. Ltd. (China) are the major players in this market.
SoftBank Robotics (Japan), Honda Motor Co., Ltd. (Japan), Toyota Motor Corporation (Japan), ROBOTIS (South Korea), KAWADA ROBOTICS CORPORATION (Japan), UBTECH Robotics Corp. Ltd. (China), HANSON ROBOTICS LTD. (Hong Kong), PAL Robotics (Spain), HYULIM Robot Co., Ltd (South Korea), Hajime Research Institute, Ltd. (Japan), Engineered Arts Limited (UK), National Aeronautics and Space Administration (NASA) (US), ROBO GARAGE Co., Ltd. (Japan), Istituto Italiano di Tecnologia (IIT) (Italy), Robotics Lab (Spain), Samsung Electronics Co., Ltd. (South Korea), Promobot Corp.( US), EZ-Robot (Canada), Macco Robotics (Spain), Boston Dynamics (US), Advanced Telecommunications Research Institute International (ATR) (Japan), Wowwee Group limited (Hong Kong), Kindred, Inc. (US), Tesla (US), and Agility Robotics (US) are the major players in humanoid robot companies. These players have implemented various strategies to extend their global reach and enhance their market share.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=99567653
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
Service Robotics Market by Environment (Aerial, Ground, Marine), Type (Professional, Personal & Domestic), Component, Application (Logistics, Inspection & Maintenance, Public Relations, Education) and Region – Global Forecast to 2028
Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) – Global Forecast to 2025
Mobile Robots Market by Operating Environment (Aerial, Ground, and Marine), Component (Control System, Sensors), Type (Professional and Personal & Domestic Robots), Application (Domestic, Military, Logistics, Field), and Geography – Global Forecast 2023
Smart Robots Market with COVID-19 Impact Analysis by Component (Sensors, Actuators, Control Systems), Type, Operating Environment, Mobility, Application (Domestic, Field/Agricultural, Public Relations, Industrial), and Region – Global Forecast to 2025
Household Robots Market by Offering (Products, Services), Type (Domestic, Entertainment & Leisure), Distribution Channel (Online, Offline), Application (Vacuuming, Lawn Mowing, Pool Cleaning) and Geography – Global Forecast to 2027
About MarketsandMarkets™
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.
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. Aashish MehraMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/humanoid-robot-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/humanoid-robot.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg 
View original content:https://www.prnewswire.co.uk/news-releases/humanoid-robot-market-worth-13-8-billion-by-2028—exclusive-report-by-marketsandmarkets-301877361.html

Continue Reading
Advertisement
Stake.com

Artificial Intelligence

Discovery launches documentary series Being Digi-Sapiens exploring the changing relationship between humans and technology

Published

on

discovery-launches-documentary-series-being-digi-sapiens-exploring-the-changing-relationship-between-humans-and-technology

Travelling across Europe, the series reveals the personal, societal and environmental benefits of digitalization
DÜSSELDORF, Germany, July 5, 2024 /PRNewswire/ — The first episode of the three-part documentary series “Being Digi-Sapiens” was released today by Warner Bros. Discovery. It features the Swedish inventor, roboticist and YouTuber Simone Giertz as she travels across Europe to see how technology is transforming our daily lives. The series was made with support from Huawei and features a broad range of digital innovations, reaching far beyond the brand’s own products.

The first episode, “Connecting with Ourselves” explores digital technology’s impact on our homes, health and hospitals. After kicking things off in a tech-enhanced fiber-connected home in Bonn, claiming to have one of the “fastest internet connections in Germany”, Simone heads to a state-of-the-art sports and health lab to see first-hand how both professional and amateur athletes are benefiting from cutting-edge data collection. Finally, Simone visits Barcelona’s historical Hospital de la Santa Creu I Sant Pau to get a crash course in how the latest technologies are being harnessed to help patients more effectively.
Warner Bros. Discovery Greater China and South East Asia’s Vice President and Head of Content & Products, Vikram Channa, said “The idea of becoming ‘Digi-Sapiens’ represents the next step in our evolution, where digital technology enhances our natural abilities and expands what we can achieve. The documentary aims to inspire viewers to see the potential in embracing technology thoughtfully and creatively. It’s about highlighting how technology can improve our lives, solve real-world problems, and open up new opportunities.”
In the coming two episodes, Simone will crisscross more European countries to discover how technology is helping us connect with our communities and our environment. 
Smart home in Bonn, GermanyHuawei’s Fiber-to-The-Room (FTTR) Demo House in Bonn allows visitors to experience what life feels like in a world where networks respond at light speed at all times, no matter how much data is being transmitted or where in a building we stand. Simone uses the opportunity to set up an array of video calls with herself.  But her experiment is suddenly interrupted by a digital poltergeist…
Wearable health and fitness tech, in Helsinki, FinlandElite athletes rely heavily on technology to precisely measure and optimize their performance. The results are improved strides and endurance for runners, more efficient swimming strokes, and more balanced weight bearing on both legs while skiing. But it’s not only top athletes who can benefit. At Huawei’s state-of-the-art lab in Helsinki, Simone discovers that her biological age, according to wearable data, is younger than her age in calendar years.  She also tries out running at full speed on a treadmill to find out her lungs’ maximum capacity.
Sant Pau Hospital in Barcelona, SpainSant Pau may be old, but it’s certainly not obsolete. The latest technologies implemented by the hospital help improve treatment for patients. As Simone tours Sant Pau’s Dimension Lab to discover VR applications in medicine, a doctor hands her an exact replica of a human heart made on a 3D printer.  Simone had no idea it was so big…
Since 2020, Huawei has been Sant Pau’s leading strategic partner in state-of-the-art storage systems. Huawei supplied Sant Pau with an all-flash storage solution providing medical staff near-instant access to patient data when needed. The solution features the latest backup, recovery, and anti-ransomware technologies ensuring the highest levels of patient data protection.
To watch the documentary, please visit:UK: https://www.youtube.com/watch?v=fY-BMMmEgBQ&t=15shttps://www.discoveryuk.com/being-digi-sapiens-a-discovery-x-huawei-partnership/Spain: https://www.youtube.com/watch?v=_dwP7mPO5eU&t=18s Italy: https://www.youtube.com/watch?v=8eTbOKiVaYY&t=17s Germany: https://www.youtube.com/watch?v=KIm1Hqx_eK4  France: https://www.youtube.com/watch?v=DGiDZuxr9EM&t=9s 
Photo – https://mma.prnewswire.com/media/2454902/Interpreting_body_data_a_heart_to_heart.jpg

View original content:https://www.prnewswire.co.uk/news-releases/discovery-launches-documentary-series-being-digi-sapiens-exploring-the-changing-relationship-between-humans-and-technology-302190014.html

Continue Reading

Artificial Intelligence

BIZCLIK MEDIA LAUNCHES JULY EDITIONS OF TECHNOLOGY, MOBILE AND AI MAGAZINES

Published

on

bizclik-media-launches-july-editions-of-technology,-mobile-and-ai-magazines

The July editions of Technology, Mobile and AI Magazines include interviews with leading experts and executives from Google Cloud, Virgin Media O2, Genpact and more!
LONDON, July 5, 2024 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has published the latest editions of Technology, Mobile and AI Magazines. These publications are highly regarded within the technology and telecommunication sectors for their in-depth reports and interviews with prominent figures in the respective industries.

Technology MagazineThis month’s edition features an exclusive lead interview with Helen Kelisky, Managing Director at Google Cloud UK & Ireland on her perspectives as a female tech leader and the future of cloud and AI.
“Teams become stronger by not only recruiting diverse talent but in challenging the limitations of the team and playing to their unique set of strengths”
The edition also contains extensive interviews with key thought leaders from Genpact, Trane and more, along with the Top 10: Technology Consultants
Mobile MagazineThis month’s edition features an extensive lead interview with Julian Davidge, Director of Technology, Service & Operations at Virgin Media O2 on technological innovation at the telco giant.
“Technology is moving faster and faster as the desire to do something different increases”
The edition also contains extensive interviews with key thought leaders from Schneider Electric, Extreme Networks, AT&T and more. Plus the Top 10 5G Leaders
AI MagazineThis month’s edition features an extensive lead interview with Shibu Nambiar, Global High Tech Business Leader at Genpact, on how AI is transforming operations.
“Ensuring the human element remains central to any kind AI initiative is something I think about every single day”
The edition also contains extensive interviews with key thought leaders from Trane, Roy Hill and more, along with the Top 10: Consulting Companies
You can visit Technology Magazine, Mobile Magazine and AI Magazine for daily news and analysis of the ever-changing technology industry.
About BizClikBizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit https://www.bizclikmedia.com/ 

View original content:https://www.prnewswire.co.uk/news-releases/bizclik-media-launches-july-editions-of-technology-mobile-and-ai-magazines-302189984.html

Continue Reading

Artificial Intelligence

ESG Book appoints Justin Fitzpatrick as new CEO

Published

on

esg-book-appoints-justin-fitzpatrick-as-new-ceo

Fitzpatrick will drive the next phase of ESG Book’s growth as a global leader in sustainability data and technology.
An experienced leader of investor-backed software companies, Fitzpatrick was previously Co-founder of FullCircl, a software provider to over 700 clients and 15,000 end users in regulated industries.ESG Book offers a wide range of sustainability-related data and technology solutions that are used by many of the world’s largest financial institutions.With 200,000 disclosures, ESG Book’s platform provides data and analytics on public securities and the ability to directly request ESG disclosures from private companies.Fitzpatrick’s appointment comes as market demand for ESG and climate data solutions continues to grow, driven by increasing regulation and disclosure requirements worldwide.  LONDON, July 5, 2024 /PRNewswire/ — ESG Book, a global leader in sustainability data and technology, today announced the appointment of Justin Fitzpatrick as the company’s new CEO with immediate effect. He will lead the next phase of ESG Book’s growth, and drive the firm’s market differentiation through next-generation sustainability solutions.

 
 
A highly experienced leader of investor-backed software companies, Fitzpatrick was previously the Co-founder and COO of FullCircl, a software provider to more than 700 clients and 15,000 end users in regulated industries. Prior to that, he was the Co-founder and CEO of DueDil, an award-winning regtech solution, and Co-founder and Non-Executive Director of Innovate Finance, an industry association that has been at the forefront of establishing the UK as a global fintech hub.
ESG Book offers a wide range of sustainability related data and technology solutions that are used by many of the world’s largest financial institutions, consultants, and corporates.
Combining market-leading sustainability and climate data with a SaaS-based platform that provides access to approximately 200,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based technology offers best-in-class ESG performance management, peer benchmarking, and regulatory compliance solutions.
Fitzpatrick’s appointment as ESG Book’s new CEO comes as market demand for high-quality ESG and climate data products continues to grow, driven by fast-increasing sustainability regulation and disclosure requirements worldwide.  
Nazo Moosa, Advisory Board Member at ESG Book, said: “I am delighted to welcome Justin as ESG Book’s new Chief Executive. He is the ideal candidate to lead the company into a new, successful chapter at a time of a disruptive innovation cycle in sustainable finance. With his deep expertise in scaling and accelerating growth in investor-backed software companies, Justin has the track record to drive ESG Book’s global expansion and deliver its future success as a leader in sustainability data and technology.”
Justin Fitzpatrick, CEO of ESG Book, said: “I am excited to join ESG Book and lead the company into a new phase of growth. This is a business extremely well positioned to meet the fast-growing need for sustainability solutions across capital markets.”
“I look forward to working with the ESG Book team as we continue to expand our partnerships with financial institutions, reduce the friction for corporates in meeting ESG disclosure requirements, and deliver market-leading analytics and tools to help our clients achieve their sustainability goals.”
About ESG Book
ESG Book is a global leader in sustainability data and technology. Combining market-leading sustainability and climate data with an ESG disclosure platform that provides access to almost 200,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based sustainability dashboard is used by the world’s largest companies and consultants for ESG performance management, peer benchmarking, and regulatory compliance.
Photo – https://mma.prnewswire.com/media/2454619/Justin_Fitzpatrick.jpgLogo – https://mma.prnewswire.com/media/2280443/ESG_Book_logo.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/esg-book-appoints-justin-fitzpatrick-as-new-ceo-302189791.html

Continue Reading

Trending