The promise of the autonomous robotics market

2022-10-10

Understanding the growth drivers of autonomous robotics and the impact that Internet technologies will have on the future of automation in production and logistics.

Thursday, October 20, 2022 | 16:00 CEST

Understanding the growth drivers of autonomous robotics & the impact that Internet technologies will have on the future of automation in production and logistics.

By the year 2032, the robotics market will reach a total value of $214.68 billion USD. In the next decade, the market will rapidly expand to meet the needs of manufacturing and logistics as the boom in e-commerce and trade increases. Factors such as corona, high labor costs, and the need for high turnaround all drive the demand for robotic solutions. The market will see a blistering 22.8% compound annual growth rate for the next ten years.

Philip Toepffer, the COO and one of the co-founders of Staex will present on the current state of the robotics market and the role that modern internet technologies will also be a major factor in the development of the market.

Watch the recording below!

Staex is a secure public network for IoT devices that can not run a VPN such as smart meters, IP cameras, and EV chargers. Staex encrypts legacy protocols, reduces mobile data usage, and simplifies building networks with complex topologies through its unique multi-hop architecture. Staex is fully zero-trust meaning that no traffic is allowed unless specified by the device owner which makes it more secure than even some private networks. With this, Staex creates an additional separation layer to provide more security for IoT devices on the Internet, also protecting other Internet services from DDoS attacks that are usually executed on millions of IoT machines.

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