CHAPTER II

Forging ahead at the digital frontiers

Table II 4
Key indicators

Artificial
intelligence Internet of
Technology (AI) Things (IoT) Big data Blockchain 3D printing Robotics

Publications 403,596 66,467 73,957 4,821 17,039 254,409

(1996-2018)

Patents 116,600 22,180 6,850 2,975 13,215 59,535

(1996-2018)

Price Insurance Electro- Building and Development of Entry level Industrial robots:
fraud-detection cardiography maintaining a project: 3D printer: $25,000-
tool: $100,000– monitors: a 40-terabyte $5,000– $200, top-notch $400,000,
$300,000, $3,000–$4,000 data warehouse: $200,000 industrial printer: humanoids:
Chatbots: Building $880,000 per $100,000, $500–
$30,000– and home year average 3D $2,500,000
$250,000 automation: printer: $700
from $50,000

Market size $16 billion $130 billion $32 billion $708 million $10 billion $32 billion
(2017) (2018) (2017) (2017) (2018) (2018)
$191 billion $1.5 trillion $157 billion $61 billion $44 billion $499 billion
(2024) (2025) (2026) (2024) (2025) (2025)

Major Alphabet, Alphabet, Alphabet, Alibaba, 3D Systems, ABB, FANUC,

providers Amazon, Apple, Amazon, Cisco, Amazon, Amazon, IBM, ExOne, HP, KUKA, Mitsubishi
IBM, Microsoft IBM, Dell, HP, IBM, Microsoft, Stratasys Electric,
Microsoft, Microsoft, Oracle, SAP Yaskawa
Oracle, PTC, Oracle, SAP, (blockchain- (industrial
Salesforce, SAP Splunk, Teradata as-a-service) robots) Hanson
(IoT platform) (storage Robotics, Pal
platforms, Robotics,
analytics) Robotis,
Softbank
Robotics
(humanoids)
Alphabet/
Waymo, Aptiv,
GM, Tesla
(autonomous
vehicles)

Major users Retail, banking, Consumer, Banking, Finance, Discrete Discrete

discrete insurance, discrete manufacturing, manufacturing, manufacturing,
manufacturing health-care manufacturing, retail healthcare, process
providers professional education manufacturing,
services resource
industry

TABLE OF
CONTENT

23
TECHNOLOGY AND INNOVATION REPORT 2021