Connect with us
European Gaming Congress 2024

Artificial Intelligence

Autonomous Logistics Vehicles Market to Reach $87.6 Billion, Globally, by 2033 at 7% CAGR: Allied Market Research

Published

on

autonomous-logistics-vehicles-market-to-reach-$87.6-billion,-globally,-by-2033-at-7%-cagr:-allied-market-research

Advancement in technology and reduced operational costs are the two prime factors driving the growth of global autonomous logistics vehicles market.
PORTLAND, Ore., Aug. 22, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Autonomous Logistics Vehicles Market by Automation Level (Level-3, Level-4 and Level-5), Application (Civil, Robo Taxi, Ride Share, Ride Hail, Self-Driving Truck and Self-Driving Bus), and Component (Hardware, Software, and Service): Global Opportunity Analysis and Industry Forecast, 2024-2033”. According to the report, the autonomous logistics vehicles market was valued at $45.0 billion in 2023, and is estimated to reach $87.6 billion by 2033, growing at a CAGR of 7.0% from 2024 to 2033.

Prime determinants of growth 
Advancement in technology and reduced operational costs are the two prime factors driving the growth of global autonomous logistics vehicles market. Furthermore, high investment expenditure and regulatory issues are the two main factors that can restrain the growth of global autonomous logistics vehicles market. Moreover, increase in productivity and cost efficiency in logistics operations can create an important opportunity for the growth of global autonomous logistics vehicles market.
Request Sample of the Report on Autonomous Logistics Vehicles Market Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A136160
Report coverage & details: 
Report Coverage   
Details   
Forecast Period  
2024-2033 
Base Year  
2023
Market Size in 2023  
$45.0 billion 
Market Size in 2033  
$87.6 billion 
CAGR  
7.0 %
Segments Covered  
Automation Level, Application, Component and Region.  
Drivers  
Advancement in technology  
Reduced operational costs
Opportunities 
Increase in productivity 
Cost efficiency in logistics operations 
Restraint  
High investment cost 
Regulatory Issues 
Procure Complete Report (Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/autonomous-logistics-vehicles-market-A136160
Segment Highlights 
The automotive logistics vehicles market is segmented into automation level, application, component and region. Based on automation level, the market is divided into level 3, level 4, and level 5. As per application, the market is divided into civil, robo-taxi, ride-share, ride-hail, self-driving truck, and self-driving bus. By component, the market is classified into hardware, software and services. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. 
Based on automation level, level 3 segment dominated the market in 2023, as Level 3 automation involves vehicles that can operate autonomously under certain conditions but still require human intervention when situations exceed their capabilities. However, the level 4 segment is expected to grow at a significant rate in the market, as Level 4 automation involves high automation where the vehicle can perform all driving functions under certain conditions without human intervention.
Based on application, the self-driving truck dominated the market in 2023. This is primarily due to the efficiency and cost-effectiveness offered by autonomous trucks in long-haul freight transportation. However, robo taxi is expected to grow at a significant rate in the market as high amount of research and development work is in the process to build a final product for robo taxi.
Based on component, software dominated the market in 2023. This is because software is the main aspect of the autonomous vehicle that keeps the vehicle connected virtually. However, the hardware segment is expected to grow at a significant rate in the market, as hardware is required to support the software.
Regional Outlook 
Based on region, North America dominated the market in 2023, due to high presence of technology related automobile companies in the region. However, the Asia-Pacific region is expected to grow at a significant rate in the market due to growing software and autonomous companies in the region. 
To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A136160
Key Players: –    
Rio TintoCaterPillar Inc.KomatsuWestwellUISEEDematicDaifuku Co., Ltd.Siasun Robot & Automation Co., Ltd.Meidensha CorporationToyota Motor CorporationSwisslogCSG Systems, Inc.Beijing Idriverplus Technology Co., Ltd.NeolixJD.Com, Inc.Cruise LLCEnrideGatik, Inc.Nuro, Inc.Starship TechnologiesTeslaWaymo LLCYandexThe report provides a detailed analysis of these key players in the global autonomous logistics vehicles market. These players have adopted different strategies such as new product launch, and collaboration to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 
Recent Developments:
In January 2023, Caterpillar showcased autonomous logistics vehicles at CES, demonstrating their efficiency and safety in extreme environments. They also announced a collaboration with Freeport-McMoRan to convert their Cat 793 haul trucks to autonomous systems.In March 2024, Komatsu collaborated with Toyota to develop autonomous light vehicle that combine with Komatsu’s autonomous haulage system. The main aim behind the project is to improve safety and productivity in mining operations.In June 2023, Westwell launched Terminal GPT, a digital port operating platform, at TOC Europe in Rotterdam. The platform integrates artificial intelligence and machine learning for smart decision-making and operational planning. Key products include the Q-Truck, an autonomous, battery-powered commercial vehicle with power-on air smart energy service for efficient battery swaps. The Q-Truck is known for its cab-less design, allowing it to operate in various environments such as seaports, airports, and factories without human intervention.In June 2023, Dematic launched its third-generation freezer-rated automated guided vehicles, to enhance safety and efficiency in extremely cold environments such as cold storage facilities by reducing human intervention and minimizing risks associated with cold stress and occupational hazards. The vehicles comprise of sensor and navigation features.In 2023, Meidensha Corporation launched the Meiden AGV Kit. The kit offers cost economy feature, efficient solution for companies to integrate autonomous vehicles in their logistics operations.In March 2023, Pony AI, collaborated with Neolix. The companies collaborated to design an automated driving domain controller for Neolix’s X3 Plus, with delivery expected to reach thousands. The vehicle will be involved in logistics, retail, urban services, unmanned vehicle education and other fields.Browse More Trending Reports
Wireless Electric Vehicle Charging Market Size, Share, Competitive Landscape and Trend Analysis Report, by Vehicle Type, by Distribution Channel, by Charging Method, by Installation, by Power Source: Global Opportunity Analysis and Industry Forecast, 2020-2030
Autonomous Last Mile Delivery Market Size, Share, Competitive Landscape and Trend Analysis Report, by Application, Solution, Range and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030
Used Cars Market Size, Share, Competitive Landscape and Trend Analysis Report, by Vehicle Type, by Propulsion, by Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031
Automotive Advanced Driver Assistance Systems (ADAS) Military Vehicles Market Size, Share, Competitive Landscape and Trend Analysis Report, by System Type and, by Sensor Type: Global Opportunity Analysis and Industry Forecast, 2023-2032
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” 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.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAMR Resource Center: https://www.alliedmarketresearch.com/resource-center
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/autonomous-logistics-vehicles-market-to-reach-87-6-billion-globally-by-2033-at-7-cagr-allied-market-research-302228525.html

Continue Reading
Advertisement

Artificial Intelligence

Corendon Airlines Partners with IBS Software to Maximise Operational Efficiency

Published

on

corendon-airlines-partners-with-ibs-software-to-maximise-operational-efficiency

ANTALYA, Turkey, Sept. 19, 2024 /PRNewswire/ — Corendon Airlines, one of Turkey’s leading air carriers, has entered a strategic partnership with IBS Software to revolutionise its commercial operations. By leveraging IBS Software’s iFly Res commerce platform Corendon will improve revenue streams and enhance operational efficiency. This move towards efficiency is fundamental as the airline is projected to process over 37 million passengers over the duration of the partnership.

IBS Software – a leading SaaS solutions provider to the global travel industry globally – was selected after an in-depth market evaluation which took over a year to complete. Corendon Airlines chose the iFly Res Passenger Service System (PSS) as it can uniquely unify Corendon’s seat-only and tour operator business under a consolidated inventory. In turn, manpower requirements are reduced, and revenue dilution is prevented.
The partnership will see the integration of IBS Software’s advanced Revenue Management solution delivering improvements to Corendon’s bottom line. By providing a single, unified inventory that integrates both tour operator allotments and seat-only sales, the platform will empower revenue analysts to make consistent, data-driven decisions.
The collaboration also enables dynamic optimisation of pooled allotments, seat-only inventory, and pricing, all designed to maximise revenue. Additionally, iFly Res facilitates real-time data exchange with tour operator interfaces, ensuring seamless, uninterrupted operations.
Through NDC-based distribution, Corendon Airlines will now be able to offer dynamic pricing and more personalised options, enhancing passenger satisfaction and maintaining a competitive edge. These real-time dynamic and personalised pricing capabilities are a vital tool in delivering the most cost-effective fares and ensuring pricing is competitive with other regional leisure travel providers.
Speaking about the partnership, Burcu Par Güler, PSS Project Manager of Corendon Airlines, said: “At Corendon Airlines, our mission is to deliver exceptional travel experiences. By partnering with IBS Software, we are leveraging cutting-edge technology to refine our operations and elevate our service offerings. This partnership is a pivotal step in our growth strategy, and we are thrilled to be working with like-minded individuals who share our passion for innovation.”
Ben Simmons, VP & Regional Head of Europe and Africa, IBS Software said: “We are delighted to welcome Corendon Airlines to our expanding family of airline partners in Turkey. The iFly Res platform is tailored to meet the unique needs of hybrid tour operators and charter airlines like Corendon. We are committed to helping Corendon Airlines achieve their goals of bringing more people to Turkish shores and drive commercial success. ”
Corendon Airlines becomes the third Turkish airline, following Sun Express and Freebird, to join forces with IBS Software, reinforcing IBS Software’s leadership in the VFR (Visual Flight Rules) and leisure travel markets from Central Europe to Turkey.
The first phase of the partnership is due to go live in December, with the second phase scheduled for March 2025. For more information on IBS Software’s iFly Res platform and its transformative capabilities, please visit: IBS Software | Blog
About Corendon Airlines:
Founded in 1997 in the Netherlands as a tour operator, Corendon has grown into a tourism group over time by adding airlines, incoming services, and hotels in Europe, Turkey, and the Caribbean to its portfolio. Corendon Travel, one of the leading tour operators in the Netherlands and Belgium, also operates in the Danish market. Corendon, particularly known in these markets for its association with the Turkey destination, is among the pioneering tour operators offering a wide range of products and destinations to its guests. Since entering the aviation sector with the slogan “Make a Difference” from its very first day, Corendon Airlines has introduced many exemplary practices and firsts in the industry. Together with its subsidiaries Corendon Dutch Airlines, established in 2011 and registered in the Netherlands, and Corendon Airlines Europe, established in 2017, Corendon Airlines operates flights from several European countries, including Germany, the Netherlands, Belgium, Austria, Switzerland, Poland, and the United Kingdom, to popular holiday destinations within Europe and Turkey. As of 2024, it has become an international airline flying to 165 destinations in 65 countries. Under the Corendon Hotels & Resorts brand within the Tourism Group, Corendon operates two hotels in Antalya’s Kemer and Lara regions, five hotels in Amsterdam, and four hotels on the Caribbean island of Curaçao.
About IBS Software:
IBS Software is a global leader in SaaS solutions for the travel industry, managing mission-critical operations for clients in aviation, hospitality, tour & cruise, and energy resources sectors. IBS’s aviation solutions encompass fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel, and air cargo management.
In the hospitality industry, IBS Software offers a cloud-native, unified platform for hotels and travel sellers, including central reservation (CRS), property management (PMS), revenue management (RMS), call centre, booking engine, loyalty, and distribution systems.
For the tour and cruise industry, IBS provides a comprehensive, customer-centric digital platform covering onshore, online, and onboard solutions. In the energy & resources industry, IBS offers logistics management solutions that cover planning, operations, and accommodation management.
The Consulting and Digital Transformation (CDx) division focuses on driving digital transformation initiatives for its clients, leveraging deep domain knowledge, cutting-edge digital technologies, and engineering excellence.
IBS Software operates from 17 offices worldwide. For more information, visit www.ibsplc.comFollow us: Blog | Twitter | LinkedIn | Facebook | Instagram
Photo: https://mma.prnewswire.com/media/2508649/Corendon_Airlines_IBS_Software.jpgLogo: https://mma.prnewswire.com/media/1169353/IBS_Software_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/corendon-airlines-partners-with-ibs-software-to-maximise-operational-efficiency-302251887.html

Continue Reading

Artificial Intelligence

Cryptomathic and PQShield form strategic alliance to offer PQC solutions for code signing and data protection in compliance with latest NIST and CNSA recommendations

Published

on

cryptomathic-and-pqshield-form-strategic-alliance-to-offer-pqc-solutions-for-code-signing-and-data-protection-in-compliance-with-latest-nist-and-cnsa-recommendations

Two foremost software security experts and pioneers in cryptographic agility and post-quantum cryptography join forces to offer comprehensive, quantum-resistant software solution after new PQC standards are released by NIST
OXFORD, England and AARHUS, Denmark, Sept. 19, 2024 /PRNewswire/ — Cryptomathic, an acknowledged security software provider for advanced key management solutions with numerous innovations in cryptographic agility, and PQShield, a cybersecurity company specializing in quantum-resistant cryptographic solutions, have agreed a strategic alliance that will enable clients from various industries to transition to Post Quantum Cryptography (PQC) and comply with migration mandates from CNSA 2.0 and also implement the recently approved NIST algorithms.

 
With the CNSA 2.0 requirements and also with the recent release of FIPS 203, FIPS 204 and FIPS 205, which specify algorithms derived from CRYSTALS-Dilithium, CRYSTALS-KYBER and SPHINCS+, the migration to Post Quantum Cryptography (PQC) is now a reality for a many organizations. Organizations are faced with challenges when navigating the transition to PQC, as it impacts a wide range of use cases from signing of device firmware and secure boot, to network and application security, where meticulous management of the involved cryptographic keys and their life cycles through the transition is more important than ever. As organizations consider their options and estimate development efforts, this represents a unique opportunity to strengthen their cybersecurity.
Through the pioneering partnership between PQShield and Cryptomathic, we see a truly powerful technology that enables full support of all standardized PQC algorithms, such as stateful hash based signature schemes known as LMS and XMSS, in hardware and software. This also includes streamlined, user-friendly management of such keys with full support for automation workflows through state-of-the-art APIs supporting TLS 1.3 to protect against “harvest now, decrypt later” attacks. By taking advantage of the unique cryptographic services, organizations can experience full cryptographic agility, taking away a considerable burden for development and compliance teams alike.
Glen Leonhard, Director of Key Management at Cryptomathic, commented: “Cryptomathic has always worked with the best minds in the industry and our strategic alliance with PQShield – the global authority in PQC – will help address immediate needs for the industry which has now clear mandates to upgrade their root of trust including in particular for firmware and code signing to comply with CNSA and NIST.
“Cryptomathic is trusted across every high-risk sector – including banking, payments, healthcare and automotive manufacturing – to protect data from external threats and facilitate compliance. This new partnership means that when organizations choose Cryptomathic, they will also benefit from PQShield’s world-leading experience and expertise. Our customers can trust that their key management and digital signing solutions support crypto-agile practices, as well as being quantum-ready across all workloads or objects, on any cloud infrastructure or device.”
Johannes Lintzen, Business Development Director, Global, at PQShield, added: “When it comes to post-quantum computing, it’s vital that companies are able to differentiate between hype and genuine risk. As cryptography pioneers, PQShield and Cryptomathic have both delivered critical contributions to evolving high security solutions, including AES, ECC, and now post-quantum cryptography standards such as CRYSTAL-Kyber, CRYSTALS-Dilithium, SPHINCS+ and FALCON.
“Our world-class team of post-quantum cryptographers, engineers, and researchers is unmatched, dedicated to empowering organizations like Cryptomathic with the ultimate quantum-resistant solutions.”
Contact Cryptomathic today for an evaluation towards cryptographic-agility and post-quantum readiness. Understand how to get quantum-ready with an agile cryptography strategy by downloading Cryptomathic’s guide: Preparing for the Rise of Quantum Computing.
 
About Cryptomathic
Cryptomathic is a global software company trusted by some of the world’s leading organizations in financial services, banking, semiconductors, manufacturing, energy and governments. With over 35 years’ experience, it provides best of breed security solutions for eSigning, Mobile App Security, Payment Card Management and Key Management.
www.cryptomathic.com | LinkedIn
About PQShield
PQShield is a post-quantum cryptography (PQC) company building the quantum-safe cryptography solutions that are modernizing the vital security systems and components of the global technology supply chain. We deliver real-world, high-quality secure implementations of quantum-safe cryptography in hardware, software and the cloud, as well as being a leading contributor to post-quantum cryptography standardization projects around the world.
Headquartered in the UK, with a 70 strong team across 10 countries, PQShield’s contribution has been recognised by Bloomberg, Wired, Fast Company and the World Economic Forum. The company is backed by Addition, Oxford Science Enterprises, Chevron Technology Ventures, Legal & General, Braavos Capital, Kindred Capital, Crane and Innovate UK. Its extensive catalog of research papers is available here.
www.pqshield.com
Logo – https://mma.prnewswire.com/media/2441809/4769064/PQShield_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/cryptomathic-and-pqshield-form-strategic-alliance-to-offer-pqc-solutions-for-code-signing-and-data-protection-in-compliance-with-latest-nist-and-cnsa-recommendations-302252230.html

Continue Reading

Artificial Intelligence

Ada Health and Santéclair extend partnership, providing AI-powered care navigation to members of more than 60 insurance plans in France

Published

on

ada-health-and-santeclair-extend-partnership,-providing-ai-powered-care-navigation-to-members-of-more-than-60-insurance-plans-in-france

Digital health ecosystem for more than 60 insurers, Santéclair, extends partnership with Ada Health, increasing the number of care options Ada’s AI can direct members to.Partnership guides members to appropriate services across a network of over 150,000 health care professionals in France, including women’s health, mental health, dental, screening, and preventative healthcare options.Ada’s AI factors in members’ coverage when directing them to the most appropriate care services, enabling complex and cost-effective care navigation at scale based on policyholders’ needs and insurance plans.PARIS and BERLIN, Sept. 19, 2024 /PRNewswire/ — Ada Health, the global AI health assessment and care navigation company, has announced a 3-year extension to its partnership with Santéclair, the leading digital health partner to insurers across France promoting access to cost-effective, high-quality care. The renewal ensures continued access to intelligent, automated clinical care navigation for more than 10 million people covered by 60 health plans across France – and reinforces Ada’s position as a leading partner in supporting payers to empower their members to access cost-effective quality care.

By extending this partnership, Santéclair is maintaining its position as a leading digital health innovator in the insurer market, using industry-leading AI and digital technologies to help members make informed decisions about their own health via Santéclair’s digital ecosystem. Ada’s AI also factors in a user’s insurance plan, facilitating complex care navigation at scale by automatically directing individuals to the most appropriate services based on coverage across multiple plans. 
Ada Health’s highly accurate AI assessment technology was first integrated into MySantéclair, Santéclair’s digital health platform, in 2021. After using Ada on MySantéclair, users are navigated to the most appropriate and cost-effective virtual or in-person services based on their likely condition. Tens of thousands of members have already utilized Ada through MySantéclair, with 23% using Ada more than once. The service is available 24/7, allowing rapid healthcare advice and supporting access to the most appropriate, and cost-effective service.
Since Ada was integrated into MySantéclair in 2021:
67% of users say they intend to follow Ada’s care navigation advice24% of users are directed to self-care options, potentially reducing the number of unnecessary clinical encountersOf those who connect with a care service option following an assessment, 26% access medication advice, and 13% access mental health servicesThe partnership extension grows the number of services to which Ada’s AI can direct members and healthcare professionals. This includes primary care; specialists such as mental health, women’s health, ophthalmology, and osteopathy; condition-specific treatment options, including specialists for endometriosis, depression, and lower-back pain; preventative services such as smoking cessation, dieticians, sleep therapy, and wellness coaching; and patient education to support self-management.
The extension maintains Ada’s growth throughout the EU, following the certification of its symptom assessment and care navigation technology as a Class IIa medical device under the EU-MDR. Ada is committed to continued partnerships with innovative health systems, insurance providers, and life science companies across Europe.
Nicholas Altebrando, Chief Product Officer said: “We’re seeing growing demand from patients and consumers for safe, reliable digital tools that work with individuals’ insurance plans and allow them to take control of their care journey. That is exactly what our partnership with Santéclair delivers and we’re excited to be expanding our work together as we continue to grow as a business in Europe and globally. We’ve already connected thousands of people covered by Santéclair’s 60 insurance partners to access cost-effective services, based on their plans and care needs, and are looking forward to scaling this further.”
Christian Acknin, Director-General of Santéclair, said: “Our aim at Santéclair has always been to promote access to quality care for all. Extending this partnership and increasing the range of services that Ada’s AI can direct our insurance partners’ members towards will help us continue supporting them through all stages of their healthcare journey.”
MySantéclair is available to anyone in France whose insurance provider is partnered with Santéclair. For more information, visit https://www.santeclair.fr/fr/beneficiaire/analyse-symptomes.
About Ada Health
Ada Health is a global health company founded by doctors, scientists, and industry pioneers to create new possibilities for personal health and transform knowledge into better outcomes. Its core system connects medical knowledge with intelligent technology to help tens of millions of people actively manage their health and health systems to deliver more effective care.
Ada Health’s powerful AI-based health assessment platform helps users better understand their mental and physical symptoms through a thorough series of questions based on clinically validated AI and protocols, and based on their responses, navigates them to the most appropriate available services and support. The platform’s medical knowledge covers an industry-leading range of symptoms and conditions, while the platform itself prioritizes user safety and accuracy and is designed to be as inclusive as possible.
The company also works with a range of leading health providers and organizations internationally to help direct users to the right care, support overburdened systems, and help manage diseases with the ultimate aims of improving health outcomes and delivering seamless end-to-end healthcare journeys.
To learn more, visit www.ada.com.
About Santéclair
Santéclair is a company specializing in supporting policyholders for optimal access to quality healthcare while controlling costs. Since its creation in 2003, it has collaborated with more than 60 health insurers, providing health services and coverage to more than 10 million beneficiaries. Through its MySantéclair platform, users have access to a comprehensive range of health services and preventive health advice.
Since August 2023, Santéclair has become an “Entreprise à mission”, continuing the commitments made for over 20 years and establishing its purpose to promote fair and responsible access to healthcare for all French citizens.
To learn more about Santéclair and its commitments: www.santeclair.fr.

View original content:https://www.prnewswire.co.uk/news-releases/ada-health-and-santeclair-extend-partnership-providing-ai-powered-care-navigation-to-members-of-more-than-60-insurance-plans-in-france-302252182.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending