Worldwide markets are poised to achieve
explosive growth generating several new trillion-dollar markets as the digital
economy takes hold. Across the industrial spectrum smart devices and robots
provetheirvalue by managing digital informationin real time across enterprise
boundaries, encouraging collaborative business efforts. Lowering the costs of
manufacturing and logistics management is a key benefit.
This study provides the bare outlines of
25 new trillion-dollar market segments, describing how the New Industrial
Revolutionwill unfold. Each section provides a brief market description of
market opportunity, market change, market forecasts,and market shares in many
of the leading market segments impacted by the New Industrial Revolution.Rapid
change in how business is conducted and how people are cared for is an exciting
new development in business and industry.
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Trillion-dollar markets are expected to
develop as a result of AI and collaborative robot development. The companies
that have stakes in the current tech industry sector will benefit greatly if
they can keep up, if they can fund innovation at the pace needed to stay
competitive and if they have mega data center IT that supports building
innovative projects with a couple people in a few hours instead of a large team
over several months.
An example is the smart manufacturing,
industry 4.0, changes brought in part by robots and logistics automation.
Manufacturing robots are being improved to make possible implementation of a
series of automated operations that replace single step operations. The ability
to provide operation of robotic sequential operations with multiple steps to
the sequence of automated process for manufacturing creates far more
sophisticated automated workflow.
The new industrial revolution brings
unparalleled levels of automation and efficiency to every aspect of life. Every
man, woman, and child will have a smart phone soon. Even babies like them. They
represent a must have device, on hand all the time, even close at hand while we
sleep.
The world is at the dawn of next
generation of mobile networks, to be based on broadband. Networks bring
broadband 5G that Is transformational. 5G is an innovation platform that
enhances mobile connectivity of information. It enhances existing services by
implementing automation of simple process. It opens capabilities for mechanical
actuators that are managed automatically by sensors and information from
Micro-Electro Mechanical sensors (MEMs).
Moving past a nefarious history, the
blockchain market moves into rapid growth mode as the digital economy takes
hold. As the banks and finance industry move into the modern age of real time
transaction processing, blockchain is a core enabling technology. This market
segment previously has been held back in part by the outdated aspects of the
mainframe computing technology. Blockchain is spurred by more modern ways to
manage global transactions across national borders from IBM, Microsoft, and
Accenture.
Digital technology is dominant
worldwide. The digital computer technology that managed data in batchesis
outdated, now digital data is managed in real time over the Internet.Blockchain
brings digital technology into real time computing systems management. It has
the ability to change all aspects of the digital economy, including conducting
business, delivering healthcare, shopping, enhancing education and learning,
entertainment, and staying connected with a social world.
Cryptocurrency is becoming increasingly
popular. Distributed ledgers support the payment system for digital currency to
operate in decentralized mode, by eliminating the need of intermediaries to
centralize processing. It virtualizes tracking and trading anything of value
via creating digital money. Credit cards become an essential part of the
blockchain process.
Demand for robotic technology is growing
among the largest users of IBM cloud capacity. IBM 60 cloud data centers see
blockchain growing to be one of the top applications in use. IBM blockchain
digital ledger market is growing rapidly, a much-neededevent for big blue.IBM
has been one of the key companies behind the Hyperledger consortium, a
nonprofit open-source project that aims to create efficient standards for
commercial use of blockchain technology.
Microsoft enterprise customers are
making the transition to cloud services and blockchain on Azure. Modernizing
transactions to digital economic collaboration support is key to success in
modern business environments. Blockchain Cloud Service, helps customers extend
existing applications like enterprise-resource management systems. Microsoft
expanded its partnership with consortium R3 to make it easier for financial
institutions to deploy blockchains in its Azure cloud.
According to Susan Eustis, leader of the
team that prepared the study, “The rise of many new trillion-dollar markets is
unique in the history of capital experience. Economic activity in the world
economies is set to experience tremendous growth, leveraging artificial
intelligencetechnology sectors breaking the old slower growth trendsand
growingrapidly.”
New sectors grow at penetration rates,
then slowto an average of 35% growth per year in very large segments, this is
market growth at a pace that is unique. That trends of slow growthshifts with
the new industrial revolution asmany new sectors open opportunities within
existing sectors that grow as fast as 100% per year. The world economy is
forecast to accelerate in 2020 and beyond, with global growth projected. The
new industrial revolution is far different from the earlierindustrial growth
trajectories. Sectors impacted by the new industrial revolution grow rapidly
and they grow big.
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Key
Topics
·
New Industrial
Revolution
·
Smart Manufacturing
·
Drones
·
Robots
·
Biomaterials
·
3D Printing
·
Additive Manufacturing
·
smart devices
·
smart networks
·
mega data centers
·
self-driving cars
·
Artificial intelligence
·
MEMs
·
Distributed Processing
·
Smart Systems
·
Self-Driving Cars
·
Internet of Things
·
IoT
·
Personal Health
·
Wellness
·
Smart cities
·
Smart buildings
·
Electric vehicles
·
Ride sharing
·
Online retail
·
Drone delivery markets
·
Biomaterials
·
Bitcoin
·
Blockchain
Continued…
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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