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Showing posts with the label exoskeleton

Human Augmentation Applied to Digital Transformation

Across the globe, business leaders and government policymakers are exploring applications for human augmentation. These enhancements are described as the natural, artificial, or technological alteration of the human body in order to improve physical or mental capabilities. The European human augmentation market -- including augmented and virtual reality, biometrics, exoskeletons, wearables, affective computing, and other human augmentation technologies -- will reach over $62 billion by the end of 2022 and more than $100 billion by 2026. According to the latest market study by International Data Corporation (IDC), businesses are increasing their investments in these technologies, and the overall human augmentation market will grow 37 percent in Europe by the end of 2022. Human Augmentation Market Development Companies are adopting a digital-first model and adapting to new realities and work policies that require support for use cases such as remote work collaboration, virtualized presen...

Robotic Exoskeleton Revenue will Reach $5.8 Billion

CIOs and CTOs are searching to find the information and guidance they need to increase opportunities and minimize risk when employing robotics technologies. Many now desire to create new markets and product categories, open additional lines of business, enhance existing product lines, invest in or acquire start-up companies, or create robotics innovation labs. Across a range of applications, exoskeletons are increasingly being introduced to augment human capability -- for assistive purposes in the workplace, and for enabling or rehabilitative purposes in the healthcare market. Exoskeleton Market Development According to the latest worldwide market study by ABI Research, as of 2018, global shipments will reach 7 thousand units with a hardware revenue of $192 million. However, total shipments are expected to reach over 91 thousand by 2023 and 301 thousand by 2028. As a result, global revenue for the suits is now forecast to reach $5.8 billion in 2028. "The market gets hea...