How integration of machine learning would help delivery robot OEMs to achieve complete automatization and to grasp this USD 50 billion opportunity?

The delivery robots market is expected to grow from USD 11.9 million in 2018 to USD 34.0 million by 2024, at a CAGR of 19.15% during the forecast period. At present, the cost for each last-mile delivery is USD 1.60 via human drivers, which could be scaled down to USD 0.06 by utilizing autonomous delivery robots; hence, the reduction in the cost of last-mile deliveries is the key factor driving the growth of the delivery robots market. The increased venture funding is another factor driving the market growth.

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Key Questions Addressed in the Report

1. How big is the opportunity for AI within delivery robots? How integration of machine learning would help delivery robot OEMs to achieve complete automatization and to grasp this USD 50 billion opportunity?
2. Which are the top use cases for delivery robots OEMs where AI can be implemented to generate revenue streams through new markets such as postal and education industries?
3. How can onboard data computing and efficient parallel computing propel the delivery robots market to USD 50 billion opportunity by 2030? Which companies are front runners?
4. With the rise in demand for delivery robots from various end-user industries, what are the opportunities for players now and for those planning to enter various stages of the value chain?
5. Delivery robot manufacturers have been partnering with various food chain and e-commerce companies, how will this impact the growth rate of the delivery robots market and who will have the undue advantage?

This report categorizes the delivery robots market based on load carrying capacity, number of wheels, component, speed limit, end-user industry, and region.

Delivery Robots Market, by Load Carrying Capacity:

• Up to 10.00 kg
• 10.01–50.00 kg
• More than 50.00 kg

Delivery Robots Market, by Number of Wheels:

• 3 wheels
• 4 wheels
• 6 wheels

Delivery Robots Market, by Component:

• Hardware
• GPS
• Cameras
• Radars
• Ultrasonic/LiDAR Sensors
• Control Systems
• Chassis and Motors
• Others (Wires, Batteries, Drive Wheels, and Relays)
• Software

Delivery Robots Market, by Speed Limit:

• Up to 3 kph
• 3 kph to 6 kph
• Higher than 6 kph

Delivery Robots Market, by End-User Industry:

• Food & Beverages
• Retail
• Healthcare
• Postal
• Others (Hospitality and Education)

Delivery Robots Market, by Region:

• North America
• US
• Canada
• Mexico
• 
  
• Europe
• Germany
• Switzerland
• UK
• Rest of Europe
• 
  
• APAC
• China
• Japan
• South Korea
• Rest of APAC
• 
  
• RoW
  • Middle East & Africa
  • South America

North America to hold a major share of the delivery robots market in 2018

Increasing demand for delivery robots in the retail industry and growing labor charges for last-mile deliveries, drive the delivery robots market growth in North America. Owing to various research programs supported by the government of North American countries, North America is expected to hold the largest share of the delivery robots market in 2018. It has invested millions of dollars in robotics research projects, most of which are defense-related projects. North America has been home to many delivery robot manufacturing companies, such as Robby Technologies (US) and BoxBot (US). Sophisticated and adequate street infrastructure, such as proper design and sufficient width of sidewalks and footpaths, helps companies in testing and operating delivery robots in this region.

Major players in the delivery robots market include Starship Technologies (US), JD.com (China), Panasonic System Solutions Asia Pacific (Singapore), Savioke (US), Nuro (US), Amazon Robotics (US), Robby Technologies (US), Boston Dynamics (US), Robomart (US), Eliport (Spain), Dispatch (US), Piaggio Fast Forward (US), Marble (US), TeleRetail (Switzerland), BoxBot (US), and Kiwi Campus (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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Network function virtualization held largest size of 5G infrastructure market in 2019

The report "5G Infrastructure Market by Communication Infrastructure (Small Cell & Macro Cell), Core Network (SDN & NFV), Network Architecture (Standalone & Non-standalone), Operational Frequency (Sub 6GHz & Above 6GHz), End User & Geography - Global Forecast to 2027", is valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1%. Lower latency in 5G, growing adoption of virtual networking architecture in telecommunications, and growth in mobile data traffic are among the major factors driving the 5G infrastructure market. Increasing M2M connections across various industries are also expected to drive the 5G infrastructure market growth during the forecast period.

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The NFV is designed in such a way that a network operator can easily implement different network functions via software that can be run on standard server hardware and can be easily shifted or installed in different locations in the network as per requirement without the need to install new hardware equipment. In other words, the network provider will no longer need to procure dedicated or application-specific hardware devices to build, add, or to offer new services. Owing to these factors, NFV is suitable in the 5G network environment.

The study involved 4 major activities in estimating the current size of the 5G infrastructure market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

APAC to witness highest CAGR in 5G Infrastructure market during forecast period

This high growth in APAC is attributed to the adoption of new technologies and advancements in organizations across various industries. 5G network would play an integral role in advanced technologies such as IoT and machine-to-machine communication (M2M), as well as in smart cities and industrial automation. Also, the 5G infrastructure market has huge opportunities in smart cities. Various countries in Asia have either initialized the implementation of smart city projects or are in the planning phase.

The major players in the 5G infrastructure market are Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), CISCO (US), CommScope (US), Comba Telecom Systems (Hong Kong), Alpha Networks (Taiwan), Siklu Communication (Israel), and Mavenir (US).

Don’t miss out on business opportunities in 5G Infrastructure Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
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USA : 1-888-600-6441

Artificial Intelligence in Marketing Market projected to be worth 40.09 Billion USD by 2025

The artificial intelligence (AI) in marketing market was valued at USD 5.00 Billion in 2017 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2025.

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Study Objectives

• To define, describe, and forecast the artificial intelligence (AI) in marketing market, in terms of value, segmented on the basis of offerings, deployment types, technologies, applications, end-user industries, and regions
• To forecast the market size of various segments with respect to 4 main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
• To strategically profile key players and comprehensively analyze their market share and core competencies, and detail the competitive landscape for market leaders
• To analyze competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers & acquisitions, new product developments, and research & development in the AI in marketing market

Companies covered in the AI in marketing market report are NVIDIA (US), Intel (US), IBM (US), Micron (US), Samsung Electronics (Korea), Xilinx (US), Amazon (US), Alphabet (US), Facebook (US), Microsoft (US), Salesforce(US), Baidu (China), Sentient Technologies (US), Albert Technologies (Israel), and Oculus360 (US). Some of the other key companies included in the report are Twitter (US), Oracle (US), InsideSales (US), Persado (US), Mariana (US), Drawbridge (US), Narrative Science (US), Appier (US), GumGum (US), and Zensed (Sweden).

North America is expected to account for the largest share of the overall AI in marketing market in 2018. North America is the largest contributor to the adoption and implementation of AI in marketing. The region, including the US and Canada, has shown increased investments in the market, and several vendors have evolved to cater to the rapidly growing market. Considerable growth is expected in the region during the forecast period owing to the growing adoption of AI among physically present retail stores, as well as the ongoing research and pilot projects by North American companies.

Software holds a major share of the overall AI in marketing market owing to the developments in AI software and related software development kits. AI systems require different types of software, including application program interfaces, such as language, speech, vision, and sensor data, along with machine learning algorithms, to realize various applications for sales and marketing. Software platforms and solutions are available at high costs as there are limited number of experts that develop machine learning algorithms.

About MarketsandMarkets™

 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
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Suite 430
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USA : 1-888-600-6441
sales@marketsandmarkets.com