With the popularization of mobile robotics in a wide range of verticals, it will become necessary to utilize the computing power of cloud infrastructure to store and manage the vast troves of collected data as well as to train more advanced algorithms used to power robot cognition. ABI Research forecasts the robot-related services powered by cloud computing will reach US$157.8 billion in annual revenue by 2030.

A study from Frost & Sullivan claims that by 2024, the artificial intelligence (AI) market for surgery will reach $225.4 million up from $69.1 million in 2019. The use of AI and analytics in conventional operating rooms will help hospitals address inefficiencies and clinical challenges physicians face when performing surgery, according to this new study.

The year 2020 will witness a sea change that moves leaders’ attention to adaptability: the ability to understand and anticipate market dynamics — and rapidly exploit opportunities, both large and small, Forester Research predicts.

The global system-on-chips (SoC) market will grow at a combined annual growth rate (CAGR) of more than 6 percent between 2019 and 2023, according to a new market research report from Technavio .