• About Us
  • Contact Us
askRPA
  • Home
  • News
    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

  • Case Studies
    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Dai-ichi Life Insurance Reports that They Saved Over 132000 Hours with Robotic Process Automation (RPA)

  • Blogs
    The Applications, Benefits and Challenges of Automation in Accounting

    The Applications, Benefits and Challenges of Automation in Accounting

    How is Citizen Automation different from enterprise RPA?

    How is Citizen Automation different from enterprise RPA?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    How does the Entertainment Industry leverage Automation?

    How does the Entertainment Industry leverage Automation?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

  • IA Congress – March 2023 Chennai, India
  • Events
    • Intelligent Automation Congress – March 2023 Chennai, India
    • 6th International Intelligent Automation Congress
No Result
View All Result
askRPA
  • Home
  • News
    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    Unlock the Full Potential of Intelligent Automation: Join the Intelligent Automation Congress and Access a Wide Range of Benefits Today!

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    AntWorks and Pointee become enterprise members of Intelligent Automation Congress

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Intelligent Automation Congress driving innovation with VIT University Chennai

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

    Stay Ahead with Intelligent Automation Congress’s Enterprise Membership

  • Case Studies
    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Santander Consumer Bank Leverages Robotic Process Automation (RPA) to Save $2M on Systems Migration

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Robotic Process Automation (RPA) Empowers R1 RCM to Successfully Automate More Than 15M Tasks

    Dai-ichi Life Insurance Reports that They Saved Over 132000 Hours with Robotic Process Automation (RPA)

  • Blogs
    The Applications, Benefits and Challenges of Automation in Accounting

    The Applications, Benefits and Challenges of Automation in Accounting

    How is Citizen Automation different from enterprise RPA?

    How is Citizen Automation different from enterprise RPA?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    Why is an RPA Center Of Excellence (CoE) necessary for your company?

    How does the Entertainment Industry leverage Automation?

    How does the Entertainment Industry leverage Automation?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

    How can RPA, AI, and Intelligent Automation bridge the gap between the required and available skills?

  • IA Congress – March 2023 Chennai, India
  • Events
    • Intelligent Automation Congress – March 2023 Chennai, India
    • 6th International Intelligent Automation Congress
No Result
View All Result
askRPA
No Result
View All Result

Human Machine Interface (HMI) global market projected to reach USD 7.24 billion by 2026

October 14, 2022
Home News
Share on LinkedInShare on FacebookShare on WhatsApp

The human-machine interface (HMI) is a conduit for communication between users and electromechanical devices. HMI examples include touch screens, membrane switches, rubber keypads, and interface software. The need for human-machine interfaces is growing as a result of increased factory automation, smartphone, tablet, and computer users, and technical requirements.

In 2020, Human Machine Interfaces had a global market valued at USD 3.72 billion. Research indicated that the existing market for HMI will grow at a CAGR of 10.3%. The projected growth rate suggests that the Human Machine Interface’s global market will reach USD 7.24 billion in the coming four years.

The market for human-machine interfaces is projected to be driven by technological developments in HMI. For instance, rising productivity & safety in many industries due to voice recognition, touch screen modules, touchless sensing, augmented reality, and other technologies are projected to drive the growth of the human-machine interface market.

 

Factors that are contributing to the growth of HMI’s market

The market for human-machine interfaces is expanding due to the growing demand for dedicated hardware, data security, and efficient, dependable software and systems. The need for human-machine interfaces is rising across several industries, including aerospace & defence, manufacturing, healthcare, and oil & gas. On the other hand, the development of the worldwide market for human-machine interfaces is being hampered by the HMI’s complicated design structure and expensive installation costs.

Additionally, modern HMI solutions are pre-configured to send data to an on-premise or cloud-based solution. As a result, the introduction of IoT is changing manufacturing industries, encouraging the growth of the market for human-machine interfaces. Additionally, market participants’ growing M&A activities are partly to blame for the advancement of the Human Machine Interface market.

Tags: HMI
Next Post
Robotic Process Automation (RPA) Industry Trends Survey, September 2022  Summary of the results

Robotic Process Automation (RPA) Industry Trends Survey, September 2022 Summary of the results

    Interested in learning what Automation Solutions can do for your organization?

    We're here to help.

    Subscribe.

    Join askRPA’s weekly Automation Newsletter direct to your Inbox, Sign up now.

    Recommended.

    Everest Group publishes the Robotic Process Automation (RPA) technology provider landscape – PEAK Matrix® assessment (2022) 

    Everest Group publishes the Robotic Process Automation (RPA) technology provider landscape – PEAK Matrix® assessment (2022) 

    November 26, 2022
    Semantic Automation, Robotic Process Automation, and Artificial Intelligence: The Next Generation of Automation

    Robotic Process Automation is All Set to Further Transform Traditional Financial Services for the Better

    August 21, 2022
    askRPA

    askRPA is the portal to connect with RPA Geeks and for Latest Automation News, Event and Case Studies etc.

    Follow Us

    Usefull Links

    • About Us
    • Terms and conditions
    • Privacy Policy
    • Contact us

    Tags

    AI Apromore Artificial Intelligence askRPA AT&T Autoamtion News Automation Automation Anywhere automation news Automation Report Automation Technologies Automation Trends BlackRock Bots Celonis Cloud Computing CMO data Digital Transformation Forrester Gartner Gartner Predictions Gartner Report GBTEC Global Market for IA IA IDP Intelligent Automation Intelligent Automation Congress IoT Low-code development Low-code technologies Low Code Marketing NLP Orica Process Mining Robotic Process Automation Roboyo RPA Salesforce Technology News TuringBots Turing Bots UiPath

    Recent News

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    Baidu unveils Ernie Bot, its new large language model, but how does it compare to others?

    March 24, 2023

    © 2022 askRPA - Connect Discover Automate

    • Home
    • News
    • Case Studies
    • Blogs
    • IA Congress – March 2023 Chennai, India
    • Events
      • Intelligent Automation Congress – March 2023 Chennai, India
      • 6th International Intelligent Automation Congress

    © 2022 askRPA - Connect Discover Automate

    AI Chatbot Avatar