Smart Shelves Global Market Report 2023 – By Component (Hardware, Software, Services), By Enterprise Size (Small and Medium Enterprises, Large Enterprise), By Application (Planogram Management, Inventory Management, Pricing Management, Content Management, Other Applications), By End User (Departmental Stores, Supermarkets, Specialty Stores, Other End Users) – Market Size, Trends, And Global Forecast 2023-2032

Smart home devices are defined as devices that are controlled remotely from any internet-connected place in the world using a mobile or any other network device. Smart home appliances are interconnected in such a way that the user has access to control functions such as home security checks, temperature, lighting, and home theater. The technologies used in smart home devices are Wi-Fi technology and Bluetooth technology. The wireless technology that connects computers, tablets, smartphones, and other devices to the internet is known as Wi-Fi technology. Wi-Fi is a radio signal transmitted from a wireless router to a nearby device, which converts the signal into data that can be seen and used.. The smart homes devices are applied in energy management, climate control system, healthcare system, home entertainment system, lighting control system, security & access control system and sold through online, offline channels. The global smart home devices market is segmented - 1) By Technology: Wi-Fi Technology, Bluetooth Technology 2) By Application: Energy Management, Climate Control System, Healthcare System, Home Entertainment System, Lighting Control System, Security & Access Control System 3) By Sales Channel: Online, Offline The global smart home devices market size will grow from $92.48 billion in 2022 to $108.83 billion in 2023 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart home devices market is expected to grow to $209.25 billion in 2027 at a CAGR of 17.8%. The rise in the need to save energy and decrease carbon emissions drives the smart home devices market. This increase in the need for sustainable solutions has been initiated by strict government regulations that introduced a cap on maximum carbon emissions allowed for each company. Conventional devices continuously use electricity until someone turns them off. However, in the case of smart home devices, they are equipped with motion sensors that can detect the absence of people in the room for a given time and automatically turn it off, thus saving money and electricity. Saving unnecessary usage of electric devices and decreasing the power demand on the power plants help reduce carbon emissions. For example, according to a study in Europe in 2021, smart building technology can save up to 23% of the energy used in office buildings. Major players in the smart homes devices market are ABB Ltd., General Electric Company, Johnson ControlsInc., Siemens AG, Schneider Electric SE, Honeywell International, LG Electronics, Emerson Electric Corporation, BSH Hausgerate GmbH, and Amazon Inc. High switching costs restrain the smart home device market growth. The cost of smart appliances is high and involves other upfront costs like installation and maintenance costs as well. The high cost obstructs the adoption and acceptance of smart devices by customers including many organizations. According to the survey released by Parks Association in 2021, 44% of the households of 46.7 million household participants stated that smart devices are too expensive. Moreover, a smart thermostat in the USA costs around $250 whereas a traditional thermostat costs around $25. The cost factor influences the market negatively. Companies are developing voice assistants to control smart home devices. Voice assistants are digital assistants that react to voice commands and reply with relevant information. They are different from traditional keyboard-based searches. They put more focus on the conversational phrasing of any content and prioritize the long tail keywords for any search. For example, Amazon and Google have launched their voice assistants in their respective smart speakers. Amazon has launched Alexa Voice Assistant in its Echo smart speaker while Google has launched 'Google Assistant voice assistant for its Google Home smart speaker. Smart home devices are regulated by government bodies such as the National Institute of Standards and Technology (NIST), European Telecommunications Standards Institute (ETSI), and others. The ETSI Cybersecurity Technical Committee (TY Cyber) released ETSI TS 103 645 standards to keep a security baseline for all internet user products. The standard states that the IoT/Smart Home devices must make it easy for consumers to delete their data when there is a transfer of ownership. The standard also requires the implementers to stop using universal default passwords as this gives rise to a large number of security issues. It also allows security researchers to report any kind of security flaw in the IoT/Smart Home devices. In May 2021, Level Home announced the acquisition of Dwelo, a smart home startup for $100 million. With the acquisition of Dwelo, Level Home will be able to offer a seamless of thoughtful hardware with a powerful SaaS platform that gives residents incredible command, convenience, and new abilities. Level Home creates smart home products based in the US, established in 2016. Asia-Pacific was the largest region in the smart home devices market in 2022. The regions covered in the global smart homes devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart homes devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart home devices market consists of sales of smart dishwashers, smart cookware and cooktops, smart ovens, smart refrigerators, and other smart home devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart homes devices market research report is one of a series of new reports from The Business Research Company that provides smart homes devices market statistics, including smart homes devices industry global market size, regional shares, competitors with the devices of a smart home market share, detailed smart homes devices market segments, market trends and opportunities, and any further data you may need to thrive in the smart homes devices industry. This smart home devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart wearables are defined as devices that are integrated with advanced technologies to keep a track of real-time information on activities. The main devices of smart wearables are smartwatches, smart glasses, fitness and wellness devices, smart clothing and others. Smart clothing is essentially an electronic device that communicates with other connected devices (such as smartphones) as well as the wearer's body. Smart clothing collects biometric and physical data from the wearer, such as body temperature and heart rate, using a variety of sensors. The sensor-generated data is transferred via Bluetooth to relevant apps on a paired smartphone, where it can be viewed by users. The various technologies of smart wearables are memory and storage technology, speech and pattern recognition technology, communication and networking technology, sensing technology, computing technology, display technology that are used in lifestyle, healthcare, consumer applications, defense, fitness and sports, enterprise and industrial applications. The global smart wearables market is segmented - 1) By Devices: Smart Watches, Smart Glasses, Fitness & Wellness Devices, Smart clothing, Other Devices 2) By Application: Lifestyle, Healthcare, Consumer applications, Defense, Fitness & sports, Enterprise & industrial 3) By Technology: Memory and Storage Technology, Speech and Pattern Recognition Technology, Communication and Networking Technology, Sensing Technology, Computing Technology, Display Technology The global smart wearables market size will grow from $20.64 billion in 2022 to $23.33 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size o global smart wearables is expected to grow to $34.39 billion in 2027 at a CAGR of 10.2%. The increasing demand for wireless sports and fitness devices is projected to drive the smart wearables market. There is a rapid growth in the use of smart devices such as smartwatches among cyclists, runners, gym-goers, swimmers, and athletes to track the calories burnt, hourly activity, stationary time, and activity time. For instance, in December 2021, Xiaomi, a China-based consumer electronics company launched three new smartwatches with fitness trackers. This product allows users to make contactless payments on any MasterCard terminal, and 6 NFC also has a microphone, with support for Amazon Alexa that allows users to control their smart home devices. Therefore, the demand for smart and wireless fitness devices is expected to propel the smart wearables market. Major players in the smart wearables market are Apple Inc., Samsung, Google, Xiaomi, Nike, Motorola Solutions Inc., Garmin, Jawbone, Misfit, and Polar. The lack of control over the data generated by owners through their smart wearable devices constraints the growth of the market. The privacy policy of most wearable devices states that data collected would be shared with a third-party vendor, inherently giving way for the data breach. For instance, in 2021, Apple and Fitbit users' data was exposed online due to an unsecured database containing over 61 million records related to fitness trackers and wearables. Data breaches are a big concern to the users making it an obstacle for people to adopt the use of these devices and thus, impacts market growth negatively. The use of smart rings is a key trend shaping the growth of the smart wearables market. A smart ring is a wearable electronic device equipped with mobile devices such as sensors and NFC chips that are used as a peripheral tool to assist mobile devices for a variety of purposes, often monitoring everyday tasks. For example, in May 2022, Gucci x Oura, a Finland-based fitness tracker company launched a smart ring for $950. This product is made from black PVD-coated titanium and helps to discover self with highly personalized and responsive capability featuring the designer’s logo in 18-karat yellow gold, running along the outside of the band. In June 2022, Mensa, an Indian-based company acquired Pebble for an undisclosed amount. Through this partnership, Pebble’s online footprint and amplify its marketing and branding strengthen its efforts to become a household digital brand. Pebble is a California-based company operating in smart wearables. Asia-Pacific was the largest region in the smart wearables market in 2022. North America was the second-largest region in the global smart wearables market analysis. The regions covered in the global smart wearables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart wearables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The smart wearables market consists of sales of fitness trackers, smartwatches, VR headsets, activity trackers, smart wristbands, and other smart wearables. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart wearables market research report is one of a series of new reports from The Business Research Company that provides smart wearables market statistics, including smart wearables industry global market size, regional shares, competitors with a smart wearables market share, detailed smart wearables market segments, market trends and opportunities, and any further data you may need to thrive in the smart wearables industry. This smart wearables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wall decor refers to the decorative items such as paintings, wall art, clocks, decals, and others that are used in home décor to create an ambiance that enhances the touch and feel of the room, making the place more connected and increasing the value of the property. These are used to create the aesthetic look of households and office walls to give an artful appearance. The main types of products in the wall décor market are shelves, wall stickers, hangings, frame works, mirrors, metal works, wall art, paintings, and other products. Shelves are used as closets, bookcases, and others to hold objects on walls. Shelves are commonly made up of flattened wood that is mounted on walls about hold objects and to give an aesthetic look to the wall. The different base materials include wood, fabric and textiles, plastic, glass, and metal, which are distributed through several channels such as wholesalers and distributors, hypermarkets and supermarkets, specialty stores, online retailers, and others. The various applications include household, office and business, medical and dental facilities, hotels and spas, restaurants, cafés and bars, and others. The global wall décor market is segmented - 1) By Product Type: Shelves, Wall Stickers, Hangings, Frame Works, Mirror, Metal Works, Wall Art And Painting, Other Products 2) By Base Material: Wood, Fabric And Textile, Plastic, Glass, Metal 3) By Distribution: Wholesalers And Distributors, Hypermarkets And Supermarkets, Specialty Stores, Online Retailers, Other Distributions 4) By Appilcation: Household, Office And Business, Medical And Dental Facilities, Hotels And Spas, Restaurants, Cafés And Bars, Other Applications The global wall décor market size grew from $52.7 billion in 2022 to $55.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wall décor market size is expected to grow to $65.39 billion in 2027 at a CAGR of 4.2%. The increasing inclination toward creating an aesthetic look in households and offices is expected to propel the growth of the wall decor market going forward. Aesthetic refers to enhancing the look of things or objects in an artful way that creates pleasant and positive value for the object. People are more focused on interior design to create an aesthetic look for households and offices that helps in adding functionality to places. Wall decor gives an aesthetic look to the house and office walls with their paintings and designs. For instance, in May 2021, according to the Home Decor Survey carried by Sullivans in the United States, a US-based company operating in home décor, approximately 76% of people plan to buy the same or more amount of home décor as compared to the last year, and also, 24% of the consumers are expected to buy new décor than purchased previously. Therefore, the increasing inclination toward creating the aesthetic look of households and offices is driving the growth of the wall decor market. Major players in the wall décor market are Bed Bath & Beyond Inc., The Home Depot, Inter IKEA Systems B.V., Lowe's Companies Inc., Ethan Allen Interiors Inc., J.C. Penney, Paragon, PTM IMAGES, Artissimo Designs LLC, Green Front Furniture, STUDIO MCGEE, Northern Oaks Décor Co, Crate and Barrel, and Stratton Home Décor. New product innovations are the key trend gaining popularity in the wall decor market. Major companies operating in the market are introducing new products to gain a competitive advantage. For instance, in December 2020, Spacekit, a US-based home décor company, launched a customizable, modular wall décor system for homes and offices. These are made up of designed strips and variously textured art panels that can be hung in a variety of ways. Spacekit’s snap-and-go design and self-contained framing system allow easy reconfiguration and even removal when changing up a room, or moving to a new home. The panels are made from a 100% tree-free, wood alternative, making them a stylish and sustainable design choice. In January 2021, Circle Graphic, a US-based company operating in wall decor, acquired Graphik Dimensions, LLC for an undisclosed amount. Through this acquisition, Circle Graphic would strengthen its wall decor product portfolio and also plan to develop new and innovative products in wall decor. Graphik Dimensions LLC is a US-based company operating in wall décor. North America was the largest region in the wall decor market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global wall décor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wall décor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The wall decor market consists of sales of wall hangings, wall fabrics, and wall sconces. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wall décor market research report is one of a series of new reports from The Business Research Company that provides wall décor market statistics, including wall décor industry global market size, regional shares, competitors with a wall décor market share, detailed wall décor market segments, market trends and opportunities, and any further data you may need to thrive in the wall décor industry. This wall décor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smart microwave oven is an appliance that is connected to the internet and smartphone, or other smart devices through the cloud or app. The connectivity gives more control over the oven, and the user can decide its activity through the commands on the app or through other means like voice. The main types of smart microwave ovens are grill microwave ovens, convection microwave ovens, microwave/light-wave ovens, and others and use technology such as Bluetooth, Wi-Fi, and NFC. Grill microwave ovens use smart technology for grilling and help save time and space. The smart microwave ovens are distributed through hypermarkets and supermarkets, specialty stores, online stores, and other channels and are used by both commercial and personal users. The global smart microwave ovens market is segmented - 1) By Product Type: Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Other Product Types 2) By Technology: Bluetooth, Wi-Fi, NFC 3) By Distribution Channel: Hypermarket and Supermarket, Speciality Store, Online Store, Other Distribution Channels 4) By End User: Commercial, Personal The global smart microwave ovens market size will grow from $3.33 billion in 2022 to $3.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart microwave ovens market is expected to grow to $4.65 billion in 2027 at a CAGR of 6.9%. With increasing consumer preference for technologically advanced products, there is a rise in penetration of smart home appliances like smart microwave ovens. The smart microwave oven is gaining interest among consumers as it is remotely accessed and operated with a user-friendly interface. Most manufacturers of smart home appliances can communicate with Alexa, iOS, Droid, Dash, Nest, and Google Home through which instructions can be given to the smart oven. In 2020, Sharp Home Electronics Company of America (SHCA) announced the launch of the first smart countertop microwave oven that features Wi-Fi connectivity and Alexa compatibility for easy hands-free operation. The new smart microwave also responds to voice commands. Major players in the smart microwave oven market are Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE (Haier), Sharp, SAMSUNG, Robert Bosch, BSH Home Appliances Corporation, Dacor Inc. Cybersecurity paves risk to any smart appliance market with hackers providing a way to operate the appliance to cause harm to the user in any means. The smart microwave ovens can be set to pre-heat or can be controlled for temperature adjustments remotely which means a hacker can potentially cause harm to the user. For instance, in September 2020, according to Palo Alto Networks, a cybersecurity firm, presented a report showcasing, 31% of participants stated companies need to make significant improvements to their approach to IoT security. The safety issues arising due to cyber-attacks might hinder the market smart microwave oven growth during the forecast period. Scan-to-cook feature is a technology that makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smartphone with the use of an associated app. The customized and recommended instructions are sent to the microwave oven with a barcode scan which results in the perfection of the meals being prepared. In in 2021, LG announced the launch of Double Oven Gas Slide-in Range and Over-the-Range Microwave Oven with the scan-to-cook feature. The brand has partnered with Boston-based AI start-up Food space Technology to develop the scan-to-cook feature. With a busy lifestyle globally, many families prefer frozen foods for meals and with the advantage of the Scan-to-cook feature the user need not depend on frozen food preparation instructions which takes the guesswork out of cooking and results in perfection which is expected to boost the demand of smart microwave oven market. In January 2021, Weber-Stephen Products, LLC., a US-based manufacturer of charcoal, gas and electric grills and accessories acquired June for an undisclosed amount. The acquisition is an essential step towards the strategy to transform the outdoor cooking experience with digital goods, services, and experiences that make grilling more dynamic and interesting. June is a US-based home automation company. Asia-Pacific was the largest region in the smart microwave oven market in 2022. Western Europe was the second-largest region in the global smart microwave oven market analysis. The regions covered in the global smart microwave oven market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart microwave oven market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The smart microwave ovens market consists of sales of smart grill microwave ovens, smart convection microwave ovens, and other smart microwave ovens. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart microwave oven market research report is one of a series of new reports from The Business Research Company that provides smart microwave oven market statistics, including smart microwave oven industry global market size, regional shares, competitors with a smart microwave oven market share, detailed smart microwave oven market segments, market trends and opportunities, and any further data you may need to thrive in the smart microwave oven industry. This smart microwave oven market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

A smart robot is a computerized reasoning (AI) device that is capable of observing its environment and context and producing its skills in the light of the comprehensive learning process. Smart robots are used for research, manufacturing and even human applications. The main types of smart robots are professional service robots, personal service robots, and collaborative robots. A professional service robot is a smart robot used for commercial tasks. These include cleaning robots for public places, delivery robots in offices or hospitals, fire-fighting robots, rehabilitation robots and surgery robots in hospitals. A personal service robot is a smart robot that is used for a non-commercial task, and these include domestic servant robots, automated wheelchairs, personal mobility assist robots and pet exercising robots. Smart robots are used in manufacturing, healthcare, defence, energy and utility, and other industries. The global smart robots market is segmented – 1) By Component: Hardware, Software, Services 2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots 3) By End-User: Industrial, Residential, Commercial 4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications The global smart robots market size grew from $10.93 billion in 2022 to $13.79 billion in 2023 at a compound annual growth rate (CAGR) of 26.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of smart robots is expected to grow to $35.14 billion in 2027 at a CAGR of 26.3%. The increasing penetration of smart robots in industries is predicted to boost the growth of the smart robot market over the coming years. Smart robots are a mix of advanced technology and efficient hardware that uses smart sensor technology (such as ultrasonic, light and touch sensors) to communicate with the physical world surrounding them. In Industry 4.0, modern robots are employed in production operations that often work around the clock without human supervision. According to the recent World Robotics 2020 report by the International Federation of Robotics (IFR), revealed that around 2.7 million industrial robots are working in industries across the globe, a rise of 12%. Furthermore, in June 2021, according to the figures from the International Federation of Robotics (IFR), a Germany-based non-profit organisation, Europe experienced double-digit growth of 15%, with 78,000 units installation of robots. Therefore, the increasing penetration of smart robots in industries drives the growth of the smart robots market. Major players in the smart robots market are iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics, Universal Robots, DeLaval, Intuitive Surgical, Aethon, Samsung Electronics, GeckoSystems, Honda Motor Company Ltd., Omron Adept Technologies, Inc., GreyOrange pte Ltd., Kongsberg Maritime, ECA GROUP, Neato robotics, Bluefin Robotics, Puresight Systems Pvt. Ltd., AIBRAIN Inc., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely, OTC Daihen Inc., and F&P Personal Robotics. Smart robots are now used in various applications including agriculture and this is a key trend gaining popularity in the smart robots market. Companies operating in the smart robots market are focusing on developing smart robots that can be used in agriculture. For instance, in 2020, Farmwise, a US-based robotics company, is creating autonomous agricultural robots to provide farmers with higher yields, more income, and a healthier climate. The company begins with an advanced weeding robot that can collect weeds from farms efficiently, reducing or removing the necessity for chemical pesticides. According to FarmWise, the robots have effectively eliminated weeds from more than 10 million plants. In April 2021, Hitachi Ltd., a Japan-based conglomerate corporation, acquired 96% shares of Kyoto Robotics Corporation for an undisclosed amount. With the acquisition of Kyoto Robotics, Hitachi could deliver one-stop and rapid robotic system integration for a whole automated line in logistics and factory automation. Kyoto Robotics Corporation is a Japan-based manufacturer of intelligent robotic systems, 3D vision systems, control systems. North America was the largest region in the smart robots market in 2022. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart robots market consists of sales of sensors, actuators, power sources. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart robots market research report is one of a series of new reports from The Business Research Company that provides smart robots market statistics, including smart robots industry, global smart robots market size, regional shares, competitors with a smart robots market share, detailed smart robots market segments, market trends and opportunities, and any further data you may need to thrive in the smart robots industry. This smart robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smart workplace is a workplace that enables new work styles and improves employee efficiency by utilizing the growth digitalization of physical objects. The main types of products for the smart workplace market are smart light, security systems, energy management systems, heating, ventilation, and air conditioning (HVAC) control systems, and audio-video conferencing systems. Smart lights are a lighting technology in the smart workplaces that is connected to the internet and can be controlled remotely, through voice-assistants and are capable of making decisions and following schedules. Security systems are the security tools in the smart workplace which include alarm systems, door access hardware, video cameras, contact sensors and others to ensure safety in the workplace. Energy management systems are the systems that deliver and manage the energy requirements of the smart workplace. These systems reduce energy wastage and energy consumption and also optimize energy usage to reduce cost. HVAC control systems are the devices that control the operation of air conditioning, heating, and ventilation in a smart workplace, audio-video conferencing systems are used in the smart workplace to hold video and audio calls. The offices used in the smart workplace market are retrofit buildings and new construction offices. These solutions are used by software, services, and managed services. The global smart workplace market is segmented - 1) By Product: Smart Light, Security Systems, Energy Management systems, HVAC Control Systems, Audio-Video Conferencing Systems 2) By Office Type: Retrofit Buildings, New Construction Offices 3) By Solution: Software, Services, Managed Services The global smart workplace market size will grow from $37.74 billion in 2022 to $41.89 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart workplace is expected to grow to $66.01 billion in 2027 at a CAGR of 12.0%. The increase in demand for smart equipment is expected to drive the smart workplace market in the forecast period. There is an increasing need for smart equipment in workplaces for data security, to make work easier, for an environmentally friendly workplace and for reducing energy costs. For instance, the smart lighting market is expected to increase twofold from $11.07 billion in 2020 to $22.57 billion by 2025. The increasing smart equipment demand would boost the smart workplace market forward. Major players in the smart workplace market are Carrier, Honeywell, Johnson Controls, Daikin Industries, General Electric, Philips Lumileds, Acuity Brands, LG Electronics, OSRAM, RavenWindow, Schneider, Research Frontiers, NICE Systems, SAGE Electrochromics, Bosch Security Systems, Cisco Systems, Inc., Siemens AG, Kronos Incorporated, ATOSS Software AG, and Teem Technologies. The launch of a new platform for developing a virtual representation of a physical environment is a key trend in the smart workplace market. In June 2020, Infogain, a US-based company that is engaged in designing smart workplace solutions launched Azure Digital Twins that is a platform for developing a virtual representation of a physical environment. Azure digital twins uses the Azure IoT hub to connect the sensors and other IoT devices that keep everything up-to-date with the physical world. In September 2020, Securitas, an intelligent protective services company has announced the acquisition of STANLEY security electronic security businesses in five countries Germany, Portugal, Switzerland, Singapore, and India for an undisclosed amount. The acquisition aims to double Securitas security solutions and electronic security business and add significant electronic security expertise to deepen the capabilities in Switzerland and Portugal along with establishing the first electronic security presence in Singapore and India. STANLEY Security is a US-based company that is engaged in providing a wide range of smart security systems and value-added services like video surveillance. North America was the largest region in the smart workplace market in 2022. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the smart workplace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart workplace market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The smart workplace market consists of revenues earned by entities by providing technologies, services and solutions that connect and engages the employees with their workplace. A smart workplace uses technology and networking to enable people to work better, faster, and smarter and also helps improve productivity and collaboration between people. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart workplace market research report is one of a series of new reports from The Business Research Company that provides smart workplace market statistics, including smart workplace industry global market size, regional shares, competitors with a smart workplace market share, detailed smart workplace market segments, market trends and opportunities, and any further data you may need to thrive in the smart workplace industry. This smart workplace market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The smart ticketing refer to a ticketing system where travel tickets are electronically stored on smartphones or smartcards. Smart ticketing is a system that stores a travel ticket digitally on a microchip, which is then typically embedded on a smartcard. Passengers on public transportation could use a smartcard to seamlessly board and disembark from buses, trams, or trains without having to use cash or purchase a paper ticket. To authorize the travel details, the transport operator scans the contactless smartcard at a static or handheld ticket machine or barrier. The main types of products in smart ticketing are ticket machines, e-tickets, e-kiosks, and request trackers. An e-kiosk is a touch-screen device that allows passengers to check in and pays for their tickets using their credit or debit cards for free. The various components used are hardware and software that are employed in various applications such as open payment systems, smart cards, and near-field communication. The systems are used by SMEs (small and medium enterprises) and large enterprises for railways, airways, roadways, sports, and entertainment applications. The global smart ticketing market is segmented - 1) By Product: Ticket Machine, E-Ticket, E-Kiosk, Request Tracker 2) By Component: Hardware, Software 3) By System: Open Payment System, Smart Card, Near-Field Communication 4) By Organisation Size: SMEs, Large Enterprises 5) By Application: Railways, Airways, Roadways, Sports And Entertainment The global smart ticketing market size will grow from $13.77 billion in 2022 to $16.05 billion in 2023 at a compound annual growth rate (CAGR) of 16.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart ticketing is expected to grow to $27.35 billion in 2027 at a CAGR of 14.3%. The revival of the travel and tourism industry will significantly contribute to the growth of the smart ticketing market. Due to the COVID-19 pandemic, the tourism industry was the worst-affected industry, with all sectors, including airlines and hospitality, being severely impacted. To combat the effects of COVID-19, travel-dependent economies around the world are devising creative solutions, such as activities aimed at instilling confidence, such as the SG Clean and Qatar Clean initiatives, as well as activities aimed at attracting tourists, such as safe travel bubbles, pilot projects, and offering incentives. Smart ticketing eliminates the need for cash payment for travel and helps to safeguard passengers and drivers from dangerous infections. For instance, according to World Tourism Organization (UNWTO) report, global tourism grew by 4% in 2021. In addition, the total number of global travellers grew from 400 million passengers in 2020 to 420 million in 2021. Therefore, the growth of the travel and tourism industry will positively impact the smart ticketing market growth. Major players in the smart ticketing market are Cubic Corporation, Confidex Ltd., NXP Semiconductors, CPI Card Group, Infineon Technologies AG, Scheidt & Bachmann, HID Global Corporation, Giesecke+Devrient, Verimatrix, Hitachi Ltd., Xerox Holdings Corporation, Vix Technology, Atsuko, and Siemens Mobility GmbH. Technological advancements in smart ticketing systems are a key trend gaining popularity in the smart ticketing market. Major companies operating in the smart ticketing sector are focused on developing new technological solutions to strengthen their market position. For instance, in February 2021, Infineon Technologies AG, a Germany-based semiconductor manufacturer, launched 40 nm SLC36/SLC37, a new way of online ticketing. The 40nm platform products offer best-in-class contactless performance based on a powerful and energy-efficient 32-bit ARM SecurCore SC300 dual-interface security crypto controller in combination with the SOLID Flash memory concept. Customers can book fast tickets by using the 40nm technology. This reduces new product design work by allowing for easy Software migration from the 65nm SLC32 platform, which enables quick approval and short lead times owing to unique logistical approaches. Furthermore, the new 40nm technology platform serves as the foundation for SECORATM's next-generation payment and ticketing solutions. In July 2022, Paragon ID, a France-based smart card company offering services in smart cards, tickets, labels, and tags acquired UrbanThings for an undisclosedamount. Through this acquisition, strengthen its product portfolio in mobility platform solutions. UrbanThings is a UK-based specializing in public transport technology solutions including smart ticketing, passenger apps, and RTI. Europe was the largest region in the smart ticketing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart ticketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart ticketing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart ticketing market includes revenues earned by entities by providing systems that are used to collect travel information and store tickets electronically. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart ticketing market research report is one of a series of new reports from The Business Research Company that provides smart ticketing market statistics, including smart ticketing industry global market size, regional shares, competitors with a smart ticketing market share, detailed smart ticketing market segments, market trends and opportunities, and any further data you may need to thrive in the smart ticketing industry. This smart ticketing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart water management refers to the integration of systems and methods for monitoring, controlling, and regulating the usage and quality of water resources, as well as the maintenance of connected equipment. The main types of offerings in smart water management are water meters, solutions, and services. Smart water management solutions include enterprise asset management, network monitoring, advanced pressure management, supervisory control and data acquisition, advanced analytics, and others. The different types of products include advanced water meters, meter reading technology, cellular networks, and is used in various sectors such as residential, commercial, and industrial. The global smart water management market is segmented – 1) By Offering: Water Meters, Solutions, Services 2) By Product Type: Advanced Water Meters , Meter Read Technology, Cellular Network 3) By End User: Residential, Commercial, Industrial The global smart water management market size grew from $13.01 billion in 2022 to $15.14 billion in 2023, at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of smart water management is expected to grow to $26.02 billion in 2027 at a CAGR of 14.5%. The increase in demand for clean water due to the increasing global population is likely to drive the growth of the smart water management market. As the population grows, there will be greater demand for water for domestic, industrial, agricultural, and municipal purposes. The importance of clean water for health, food and nutrition security has been highlighted during COVID-19. Smart water management systems can help to accelerate response plans by identifying vulnerable food value chains, including market locations, and critical areas, and designing tailored and prioritized interventions to improve access to clean water in urban, peri-urban, and rural areas. For instance, according to IntechOpen, a UK-based publisher of open books and journals report, the world's population is expected to reach 8.6 billion by 2030 and 9.8 billion by 2050. Further, as per UN World Water Development Report, global water demand is expected to grow 1% every year, accounting for an increase of 20 to 30% by the end of 2050, attributing to rising demand from domestic and industrial sectors. Major players in the smart water management market are Honeywell International Inc., Siemens AG, ABB Ltd., IBM Corporation, Itron, Schneider Electric SE, SUEZ Group, Sensus, Trimble Water, Elentec, HydroPoint Data Systems, TaKaDu, AquamatiX, Nalco Water India Ltd., and Xenius. Strategic collaborations among the companies are shaping the smart water management market. Companies in the smart water management market are undergoing partnerships to develop advanced solutions for their customer. For instance, in September 2020, Syrinix, a UK-based utility company and TaKaDu, an Israel-based water management company announced a partnership to merge their two top technologies to deliver a broader smart water solution for water utilities. Working together, the companies aimed to save money and improve utility network operations. Additionally, in May 2021, Grundfos, a Denmark-based provider of pumps and water solutions, and Baseform, a Portugal-based technology leader in online software for water utilities, have announced a strategic partnership to provide powerful digital services to all water utilities around the world. The Grundfos worldwide value offering has been expanded to service the water digital market with Grundfos Utility Analytics, a cutting-edge artificial intelligence (AI), machine-learning utility management solution provided by Baseform. In June 2021, Mueller Water Products, Inc., a US-based manufacturer of fire hydrants, gate valves, and other water infrastructure products, acquired I20 Water Solutions Ltd for an amount of $20 million. Mueller's ability to speed its software solutions has been enhanced by the acquisition of i2O Water. Mueller's digital services platform, SentryxTM, and existing Mueller technology-enabled products for metering, leak detection, pipe condition assessment, and water quality are all enhanced by i2O's intelligent network solutions. i20 Water Ltd is a UK-based company that provides smart pressure water management solutions. North America was the largest region in the smart water management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart water management market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart water management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The smart water management market includes revenues earned by providing smart water management systems, pressure management, better leakage techniques for water networks, smart network operations and water cycle maintenance, smart water meter technologies, and smart water quality monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The smart water management market research report is one of a series of new reports from The Business Research Company that provides smart water management statistics, including smart water management industry, global smart water management market size, regional shares, competitors with smart water management market share, detailed smart water management market segments, market trends and opportunities, and any further data you may need to thrive in the smart water management industry. This smart water management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.