The Pitch Avatar team analyzes the key trends of 2023 and shares future forecasts.
The drive towards robotization across all spheres of activity has been a persistent trend for over half a century. Undoubtedly, it will remain so for many more decades. Contrary to the fears of science fiction enthusiasts, most people do not suffer from robo-phobia. Otherwise, why would sales of smart home systems or robotic vacuum cleaners continue to rise?
An excellent example of what today’s robotics can offer consumers was once again showcased at the International Consumer Electronics Show (CES 2023), held annually in Las Vegas. Visitors had the opportunity to meet a robot barista, a farmer’s assistant robot, an electric vehicle charging robot, a child stroller robot, and many other intriguing innovations. Among them, I’d like to highlight the Aeo service robot by the Japanese company Aeolus Robotics, equipped with manipulators. Unlike mere platforms or chassis, this model can carry boxes, open doors using handles, press elevator buttons, and perform various other tasks. These versatile service robots, capable of assisting with household chores or fetching food and drinks from the refrigerator, are becoming increasingly accessible.
Wherever robotization and automation are implemented, it quickly becomes evident that they bring benefits. People are not rushing to take jobs away from robots on factory assembly lines or in other routine tasks. We much prefer to use computers and cars rather than assemble them ourselves. Although, perhaps we got a bit ahead of ourselves with cars. According to a Forbes Advisor forecast, by 2030, 10% of all vehicles on Earth will be self-driving.
Since we’re discussing numbers, it’s time to share an eloquent statistical forecast:
The market for Robotic Process Automation (RPA) is set to grow from $3.1 billion (in 2003) to $11.37 billion (by 2028) in the next five years. The largest market is in North America, while the fastest-growing market is in the Asia-Pacific region.
This indicator, in our view, highlights two crucial trends:
- Robotization and automation continue to experience steady growth. This promising field deserves our keen attention.
- The transition to robotization and automation occurs gradually. People across various industries will adapt to it. Simultaneously, we should anticipate the gradual disappearance of certain professions and the emergence of new ones.
Wishing everyone luck, success, and high profits!
