Robotics is driving innovation in the technology industry through pioneering patents, shaping the future of autonomous systems. Strategic deals are simultaneously reshaping the sector, fostering collaborations and industry advancements. The job landscape is evolving, with diverse opportunities emerging across roles, reflecting the dynamic growth within the robotics realm. The impact of robotics extends beyond the technology sector, influencing various industries. GlobalData’s tech in 2030 – thematic intelligence report presents market forecasts for 11 sectors, encompassing education, energy, entertainment, financial services, food and farming, and more. It also evaluates the global outlook for 2030 including demographic trends, population growth, GDP forecasts and the impact and costs of climate change for the global economy. Buy the report here.
This article presents a quarterly round-up of the latest trends in the technology industry regarding robotics. It provides an overview of recent developments in robotics-related deals, talent acquisition, and patent filings within the technology industry.
Diverse applications of robotics in technology industry
Robotics is steering technological innovation within the tech industry through a series of groundbreaking patents, fundamentally shaping the trajectory of autonomous systems. "Techniques for sharing mapping data between an unmanned aerial vehicle and a ground vehicle" introduces a system facilitating the transmission of scanning data from an aerial vehicle to a ground vehicle, enhancing navigation control commands based on roadway objects identified in the scanning data. Another significant patent, "Mobile cleaning robot suspension," unveils a cleaning robot with a unique suspension system, allowing for enhanced mobility and maneuverability in various environments. Additionally, the patent titled "Unified support framework for a contact center" introduces an integrated automation solution utilizing Robotic Process Automation (RPA) to enhance the efficiency and effectiveness of contact center operations.
Simultaneously, strategic deals are actively reshaping the sector, fostering collaborations and propelling broader industry advancements. The synergy between patent-driven innovation and strategic partnerships is defining a new era in technology. The patent focusing on "Autonomous vehicle control based on determined yaw parameters of additional vehicles" stands out, utilizing LIDAR components to determine the instantaneous vehicle characteristics of additional vehicles, thereby enhancing the safety and performance of autonomous vehicles on the road.
Acquirers of these patents will benefit from advancements in robotics technologies and applications. These innovations enable improved navigation, mobility, control, automation, and safety in various industries, including aerial and ground vehicles, cleaning robots, contact centers, and autonomous vehicles. The acquirer can leverage these patents to enhance their existing robotics technologies or develop new applications, ultimately improving their business operations and competitiveness in the market.
The industry experienced a 33% decline in the number of robotics-related patent applications in Q3 2023 compared with the previous quarter. On an annual basis, the number of robotics-related patent applications in the technology industry witnessed a drop of 38% compared with Q3 2022.
Strategic deal trends in robotics in technology industry
Technology companies are not only focusing on innovation to enhance their patent portfolios but are also making strategic investments in robotics. These investments aim to secure lucrative deals with partners and position themselves at the forefront of industry advancements. Some of the recent deals underscore the importance of robotics in the technology industry.
In Q3 2023, the number of robotics-related deals in the technology industry declined by 12% compared with Q3 2022. On a quarterly basis, there was 12% drop in the number of deals in Q3 2023 compared with the previous quarter.
Impact on hiring
In terms of new job posting, in Q3 2023, the technology industry experienced a 5% drop compared with the previous quarter. On an annual basis, job postings also declined by 44%. Notably, computer and mathematical occupations, with a share of 31%, emerged as the top robotics-related job roles within the technology industry in Q3 2023, with new job postings rising by 4% quarter-on-quarter. Architecture and engineering occupations came in second with a share of 13% in Q3 2023, with new job postings rising by 19% over the previous quarter. The other prominent robotics roles include management occupations with a 9% share in Q3 2023, and installation, maintenance, and repair occupations with a 5% share of new job postings.
Countries driving adoption of robotics in technology industry
The US is the leading country in robotics adoption within the technology industry, boasting the highest number of robotics-related patents, jobs, and deals. Meanwhile, China, Japan, South Korea and India also maintain significant positions in robotics adoption within the technology industry.
In conclusion, the technology industry's robotics sector is marked by a strategic mix of deals and innovative patents, shaping the competitive landscape. As companies navigate this dynamic terrain, the evolving job market underscores a surge in specialized roles, reflecting the sector's transformative journey in deals, patents, and workforce dynamics.
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