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A key driver in this shift is software-defined automation , which is enabling dynamic, reconfigurable processes across various domains. Cloud-native applications, AI-powered analytics, and Internet of Things (IoT)-driven industrial automation are emerging as some of the most powerful drivers for digital transformation in manufacturing.
Comau is expanding from automotive manufacturing to logistics applications such as pick and place. Source: Comau If change is constant in technology, even established industrial automation providers must adapt to keep up. million by 2029. million by 2029. . million by 2029. million industrial robots today to 2.6
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Now, as new entrants develop disruptive pricing models and personalized solutions, established providers feel the pressure of ramping up innovation to stay relevant, supercharge service offerings, and retain existing clients.
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billion in 2029 ), backed by technical breakthroughs in autonomous mobility, retail, Industry 4.0, smart cities, telehealth, smart homes, and logistics. This is urging industry incumbents to invest in advanced orchestration and automation tools that maximize the ROI potential of MEC. billion in 2024 to $46.87
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