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Fact.MR, a market research and competitive intelligence provider, reveals that the global artificial intelligence (AI) in the retail market is set to achieve a valuation of US$ 85 billion by 2033, expanding at a noteworthy 30.3% CAGR
With the rapid adoption of Industry 4.0 connections, the packaging industry is now at threat from hackers and other malicious entities with the rising use of IIoT in the sector.
Extensive maritime logistics infrastructure development spurred by burgeoning international trade remains as an influential factor in pushing the adoption of electric container handling equipment across the globe.
Prominent end users are seeking autonomous and smart equipment handling solutions with a view to streamline management operations. Prompting key port and material handling equipment vehicle manufacturers to introduce digitized management solutions.
The global intralogistics market is expected to surge at a CAGR of 15.5% from 2020 to 2030. The market burgeoned at a spritely rate of 14.3% over the last 5 years owing to transcendent demand for increased productivity & efficiency across industries.
The global autonomous last mile delivery market is expected to surge at an impressive CAGR of around 19% over the forecast period of 2021 to 2031, with demand for aerial delivery drones skyrocketing.
