AI Robotics - CIS

The Artificial Intelligence market in CIS is witnessing significant growth, driven by the increasing adoption of AI technologies in both service and industrial robotics. Factors such as rising health awareness and convenience offered by online services are also contributing to the substantial growth rate in this market.

Customer preferences: As the use of artificial intelligence and robotics continues to expand in various industries, there is a growing demand for customized and personalized solutions. This trend is driven by the desire for efficiency and convenience, as well as the need for more accurate and precise results. Additionally, there is a shift towards AI-powered virtual assistants in customer service and daily tasks, as consumers increasingly value seamless and streamlined experiences. This shift is also influenced by the rise of a digitally native and tech-savvy generation, who are more comfortable with AI and automation.

Trends in the market: In the CIS and AI Robotics Market within the Artificial Intelligence Market, there is a growing trend towards the integration of AI with robotics to enhance automation and efficiency. This includes the use of machine learning algorithms and natural language processing to improve robot capabilities and make them more adaptable to changing environments. This trend has significant implications for industry stakeholders, as it could lead to increased productivity and cost savings. Additionally, as AI robotics becomes more advanced, it could also replace human workers in certain tasks, potentially impacting the job market.

Local special circumstances: In the CIS region, the AI Robotics market is seeing significant growth due to the increasing adoption of automation and robotics solutions in industries such as manufacturing, healthcare, and agriculture. This is driven by the region's strong focus on industrialization and modernization, along with government initiatives to promote the use of advanced technologies. Additionally, the region's unique geographical and cultural diversity adds to the demand for AI robotics solutions, as businesses seek to optimize processes and improve productivity.

Underlying macroeconomic factors: The growth of the CIS and AI Robotics Market within the Artificial Intelligence Market is also influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. Countries with favorable regulatory environments and strong investment in AI and robotics technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for automation and efficiency in industries such as manufacturing and healthcare is driving the adoption of AI robotics solutions.

Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.

Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.

Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.