The market for smart machines in the Americas, including expert system, autonomous robots and digital assistant, is on the rise, according to a new report from Technavio Research.
Technavio’s market research analysts estimate that the market will grow at a compound annual growth rate (CAGR) of 15% between 2016 and 2020. Smart machines correct and prevent processing errors that occur due to the wear and tear of mechanical components. They can hold information about a series of processes and machine conditions because they’re equipped with sensors.
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