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AI’s Impact on Industrial Robotics Services Market, Projected Growth of USD 7.46 Billion (2024-2028) Amid Rising Demand – Technavio Report

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NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global industrial robotics services market size is estimated to grow by USD 7.46 billionn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.59%  during the forecast period. Surge in demand for industrial robots is driving market growth, with a trend towards technological innovations in industrial robotics services. However, high cost of services  poses a challenge. Key market players include ABB Ltd., Carl Cloos Schweisstechnik GmbH, Daihen Corp., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Jenoptik AG, Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Staubli International AG, Teradyne Inc., Universal Robots AS, and Yaskawa Electric Corp..

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Industrial Robotics Services Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.59%

Market growth 2024-2028

USD 7465.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.07

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, Japan, Germany, and South Korea

Key companies profiled

ABB Ltd., Carl Cloos Schweisstechnik GmbH, Daihen Corp., DENSO Corp., Durr AG, FANUC Corp., General Electric Co., Hans Laser Technology Industry Group Co. Ltd., Jenoptik AG, Kawasaki Heavy Industries Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., NACHI FUJIKOSHI Corp., OMRON Corp., Panasonic Holdings Corp., Seiko Epson Corp., Staubli International AG, Teradyne Inc., Universal Robots AS, and Yaskawa Electric Corp.

Market Driver

Industrial robotics services are experiencing innovation driven by system integrators leveraging advanced technologies like the Internet of Things (IoT) and software platforms. These solutions primarily enhance commissioning and programming processes. Notable software offerings include ABB’s StampSynchro, StampWare, and StampMaster, YASKAWA ELECTRIC’s Advanced PP Customization software development kit (SDK), KUKA (Midea Group)’s KUKA.HMI, and FANUC’s Controller R-30iB. Vendors are also focusing on enhancing robot cell reconfigurability, with offerings like ReconCell, suitable for SMEs producing in small batches. ReconCell integrates force-based control, adaptation capabilities, 3D vision systems, exchangeable grippers, learning, interchangeable sections, and modular frame design. As vendors continue to advance industrial robotics services through simulation, programming, commissioning, and reconfigurability, more end-users will adopt these solutions to boost productivity, thereby fueling market growth during the forecast period. 

Industrial robotics is a growing market driven by automation needs across various industries. Key trends include the use of accessories like actuators and communication interfaces for customizability. Agriculture and construction sectors are adopting collaborative robots (cobots) for tasks like harvesting and construction. AI-enabled robots, such as those used in blood sample testing and high-tech testing labs, are revolutionizing industries like healthcare and electronics. Automotive and defense sectors are investing in robots for assembly lines and manufacturing defense equipment. Ground robots are being used in mining and construction. Existing infrastructure in sectors like cosmetics and food processing is being upgraded with robots for improved hygiene and productivity. Digitization and integration of robots with AVs and EVs are also driving growth. Initial capital expenditure can be a hindrance for enterprises, but the long-term benefits of increased efficiency and customizability outweigh the costs. Industrial robotics integrators play a crucial role in implementing factory automation techniques and ensuring seamless integration of hardware and controllers. 

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Market Challenges

Industrial robotics services involve various processes for end-users to deploy robots in their operations. Robot system integration includes contracts, bidding, evaluations, and software solutions for easy integration. Vendors need to invest significantly in system engineering to make the process smoother and reduce costs. Training sessions for operators and staff add to the total cost of ownership. Vendors should innovate to offer cost-effective solutions like virtual commissioning, offline programming, and simulation. High costs remain a significant challenge for the industrial robotics services market growth.The Industrial Robotics Services Market encompasses various industries such as metals & machinery, pharmaceuticals, rubber & plastic, and more. Robotics solutions are increasingly being adopted for tasks like packaging, production workflows, and even minimally invasive surgeries. Parallel, Scara, and Spherical robots are popular choices due to their payload-carrying capacity and workspace. Technological advancements in robotics include safety features like collision detection and teach pendants for easy programming. However, challenges persist. The production value chain must adapt to integrate robotics, requiring skilled workforce training. Traditional safety barriers in industries like residential sector and retail are being redefined. Robotics is transforming supply chain processes with smart manufacturing and unmanned vehicles. Despite these benefits, troubleshooting and safety concerns remain. Robot arms, vision systems, and mounting bases are essential components. The future of robotics lies in the seamless integration of robotic solutions into various industries, optimizing productivity, speed, and workforce skills.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This industrial robotics services market report extensively covers market segmentation by  

Application 1.1 Material handling1.2 Welding and soldering1.3 Assembly line1.4 OthersEnd-user 2.1 Healthcare and pharmaceuticals2.2 Automotive2.3 Food and beverages2.4 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Material handling-  The Industrial Robotics Services Market is experiencing significant growth due to increasing automation in manufacturing industries. Companies are investing in robotics to enhance productivity, improve quality, and reduce labor costs. Robotics services include installation, integration, maintenance, and training. Leading players in the market offer customized solutions to meet specific industry requirements. The market is expected to continue expanding as more businesses adopt automation to stay competitive.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Industrial Robotics Services Market is experiencing significant growth due to the increasing adoption of advanced robotic technologies in manufacturing and production processes. Collaborative robots, also known as cobots, are gaining popularity for their ability to work alongside human operators in shared workspaces. AI-enabled robots are revolutionizing industries by enabling automation and improving efficiency. Climate change is driving the demand for robotics in industries seeking to reduce labor wages and increase productivity. Hardware components such as robot arms, end effectors, vision systems, and IoT-based devices are essential for the functioning of industrial robots. Manipulator robots, equipped with safety features, are replacing traditional safety barriers in dedicated robot zones. Service robots are being used in professional and personal applications, from manufacturing to medical fields. Industrial robots come in various forms, from large manipulator robots to small collaborative robots. Actuators power the movement of these robots, while vision systems enable them to perceive and interact with their environment. The integration of Artificial Intelligence (AI) and collaborative capabilities is transforming the industrial robotics landscape, making human-robot collaboration safer and more efficient.

Market Research Overview

Industrial robotics is a dynamic and evolving market that encompasses various robotic solutions for automation in diverse industries. These robots include articulated, Cartesian, cylindrical, delta, gantry, parallel, and polar types, each designed for specific applications. Accessories such as actuators, communication interfaces, controllers, and mounting bases play crucial roles in their functionality. Industrial robots are increasingly being adopted in sectors like manufacturing, electrical & electronics, machinery, metals & machinery, automotive, defense, food-grade, pharmaceuticals, and agriculture. Robots are used for tasks like assembly, material handling, machine tending, loading and unloading, and packaging. Advancements in Artificial Intelligence (AI), IoT-based devices, and customizability have expanded robot applications. AI-enabled robots are now used in high-tech testing labs, medical, and logistics industries. Collaborative robots (cobots) are gaining popularity due to their ability to work alongside human operators, enhancing productivity and reducing labor wages. The agricultural sector is witnessing the integration of robots for tasks like crop monitoring, harvesting, and livestock care. Robots are also being used in the construction & demolition industry for tasks like bricklaying and debris removal. The production value chain is undergoing digitization, with robots being used to streamline production workflows and increase productivity. The initial capital expenditure for industrial robotics can be a hindrance for enterprises, but the long-term benefits in terms of productivity and efficiency make it a worthwhile investment. Robots are being used in various industries, from manufacturing to medical, to enhance productivity and streamline processes. From assembly lines to medical labs, robots are transforming the way we work. With advancements in technology, the possibilities for industrial robotics are endless.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationMaterial HandlingWelding And SolderingAssembly LineOthersEnd-userHealthcare And PharmaceuticalsAutomotiveFood And BeveragesOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Workday Adaptive Planning Achieves FedRAMP Moderate Authorization to Support Federal Workforce and Budget Planning

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New Milestone Helps Federal Agencies Plan Workforce and Budgets in One Secure, Modern System

WASHINGTON, July 23, 2026 /PRNewswire/ — Workday Government, a wholly owned subsidiary of Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for HR, finance, and IT, today announced that Workday Adaptive Planning has achieved FedRAMP Authorization at the Moderate Impact Level. The authorization confirms that Workday Adaptive Planning meets the security and compliance standards required to handle sensitive, unclassified federal data, giving agencies a secure, compliant foundation for modern planning.

Federal agencies are under pressure to do more with less, manage costs, and maintain clear records of their decisions. Yet disconnected data, legacy systems, and manual spreadsheet work can make it hard to understand how organizational decisions affect the workforce. Workday Adaptive Planning helps agencies modernize planning by bringing workforce planning, budgeting, and forecasting together so agencies can plan with connected workforce and financial data.

“Federal agencies must align their people, funding, and priorities to deliver their missions effectively,” said Lynn Martin, general manager, Workday Government. “With FedRAMP Moderate authorization, Workday Adaptive Planning gives agencies the secure foundation they need to unify workforce and financial planning. This clarity allows leaders to evaluate trade-offs, allocate resources with impact, and prepare confidently for what lies ahead.”

With Workday Adaptive Planning, agencies can model and assess the workforce implications of organizational change, such as hiring freezes, budget reductions, or reorganizations, to understand the potential effects on headcount, costs, project timelines, and mission readiness. Agencies can also use workforce data to identify talent trends and skills gaps. Finance teams can evaluate competing program requests, allocate costs across funds and programs, monitor budgets throughout the procurement lifecycle, and identify potential overruns earlier. Built-in audit capabilities and FIPS 140-3 compliant security help agencies strengthen fiscal discipline, maintain compliance, and make faster, better-informed decisions.

“Federal agencies need a planning tool they can trust to protect their data and still move fast,” said Ben Pierce, general manager, Workday Adaptive Planning. “With FedRAMP authorization, Workday Adaptive Planning gives them a secure, modern way to make budgeting and workforce planning less painful and a lot more useful.”

As part of Workday Government Cloud, Workday Adaptive Planning works alongside Workday human capital management and financial solutions, helping agencies plan with connected data. By bringing planning into the same platform that powers HR and finance, Workday Government helps agencies move beyond systems that simply record work to a modern, connected foundation for planning safely and collaboratively.

Workday Adaptive Planning is expected to be available to Workday Government customers in early 2027.

For More Information

Explore how Workday Adaptive Planning gives government organizations the power to plan, budget, and forecast the future here.Learn about the mission of Workday Government here.

About Workday Government
Workday Government is a wholly owned subsidiary of Workday, the enterprise AI platform for HR, finance, and IT. Workday Government is dedicated to serving the U.S. government by unifying HR and finance on one intelligent platform with AI at the core, empowering agencies at every level with the clarity, confidence, and insights they need to adapt quickly, make better decisions, and deliver on their missions. Workday Government supports a range of agencies across the civilian, defense, and intelligence communities. For more information about Workday Government, visit workday.com/federal. For more information about Workday visit workday.com.

Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday’s plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (“SEC”), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.

Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

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SOURCE Workday Inc.

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Ontinue Wins Gold Stevie® Award for Advancing the Future of Managed Security Operations

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Recognition Honors the Innovation Behind Ontinue’s Agentic SOC, Where AI Agents And Expert Cyber Defenders Work Together to Deliver Autonomous, Governed Security Operations

ZURICH, July 23, 2026 /PRNewswire/ — Ontinue, a leading MXDR partner providing nonstop managed security operations through its Agentic SOC, today announced it received a Gold Stevie® for Technology Excellence Award, recognizing the innovation behind its ION MXDR platform and Agentic SOC. The award was presented in the New Product of the Year – Information Technology (Cybersecurity) category, honoring Ontinue’s continued advancement of AI-powered security operations.

Ontinue was recognized for pioneering the Agentic SOC, a new operating model that treats security decision-making itself as software: governed, measurable, and built to scale with attackers who now operate at machine speed. Rather than layering AI onto existing workflows, Ontinue re-engineered its ION MXDR platform around a multi-agent architecture, with specialized agents spanning threat hunting, investigation, response, and posture hardening, that reason over each customer’s accumulated context and progressively take on more decision-making as trust is earned, while Ontinue’s Cyber Defenders retain governance and accountability throughout.

Ontinue defines an Agentic SOC as a security operations model in which software agents progressively assume responsibility for security decisions and actions, under continuous human governance, using accumulated context, policy, and learned behavior. In December 2024, this model went live in production for every ION MXDR customer, extending autonomous investigation to Tier 2-level incidents for the first time in the industry. The result is a platform that acts less like a tool and more like a team.

Ontinue’s Agentic SOC, by the numbers:

Autonomously investigates incidents within minutesCuts mean time to investigate by 50 percentResolves 99.5 percent of incidents without customer involvementDrives median response time for high-severity incidents under nine minutesPre-approves 97 percent of response actions, based on trust earned directly from customers

For Ontinue’s customers, that translates directly into business outcomes, such has stronger Secure Scores, security teams freed from alert fatigue, and hundreds of analyst hours returned to work that actually moves the business forward.

“The cybersecurity industry doesn’t need more AI features, it needs a fundamentally better way to operate security,” said Moritz Mann, Chief Executive Officer at Ontinue. “This recognition validates the work our teams have done over the past two years to transform AI from an assistant into a trusted operational capability. It’s recognition of an operating model that is already delivering measurable outcomes for customers every day.”

“We congratulate all of the winners in the third annual Stevie® Awards for Technology Excellence for their outstanding achievements,” said Stevie Awards President Maggie Miller. “Their innovations are helping shape the future of technology across every industry, and we look forward to celebrating their success on October 28.”

The Stevie Awards for Technology Excellence celebrate the remarkable accomplishments of individuals, teams, and organizations shaping the future of technology across all industry sectors. More than 700 nominations from organizations of all sizes in 37 nations and territories were submitted this year for consideration in a wide range of tech-related categories. More than 180 professionals worldwide participated in the judging process to select this year’s honorees.

Details about the Stevie Awards for Technology Excellence and the list of 2026 Stevie winners are available at http://Tech.StevieAwards.com.

About Ontinue
As a leading provider of AI-powered managed security operations, Ontinue is on a mission to give every organization the freedom to focus on what they do best; by making nonstop security excellence accessible, not just aspirational. By combining advanced AI with deep human expertise, Ontinue delivers managed security operations that are tailored to each organization’s unique environment, operational needs, and risk profile.

Ontinue’s ION SecOps Platform integrates AI-driven insights, automation, and real-time collaboration to continuously prevent, detect, and respond to threats. With deep expertise in Microsoft security technologies, Ontinue helps customers maximize the value of their existing investments while achieving stronger, more scalable security outcomes.

Continuous protection. AI-powered Nonstop SecOps. That’s Ontinue.

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, the Stevie Awards for Technology Excellence and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

CONTACT: Alison Raymond, araymond@ontinue.com 

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SOURCE Ontinue

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New Harris Poll and Ruth AI Study: 81% of Americans Would Let an AI Agent Handle Part of Their Job Search

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Nearly half would let AI negotiate their salary, while 76% have never heard that AI can provide biased career guidance

SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Artificial intelligence has become a mainstream source of career and financial advice for American workers, according to a national survey of 2,131 U.S. adults conducted by The Harris Poll in collaboration with Ruth AI, the AI career strategist built for women.

The full study, The Trust Gap, is available at https://ruthapp.ai/research and has already drawn coverage from Fast Company.

Nearly half of Americans (45%) have used an AI platform such as ChatGPT, Claude, or Gemini for career or work-related advice. That rises to 66% of Millennials and 63% of Gen Z. One in three U.S. adults has used AI for advice about money at work, including salary, raises, bonuses, or negotiating pay.

Americans are also increasingly willing to let AI act on their behalf. Eighty-one percent would be comfortable having an AI agent handle at least one part of a job search, climbing to 90% of Millennials. A majority would let AI search for jobs (67%), conduct pre-interview research (67%), update their resume (65%), or apply for jobs outright (55%). Nearly half would let AI negotiate their benefits (49%) or salary (47%).

Yet awareness of the technology’s documented limitations remains low. Three in four Americans (76%) had never heard that independent research has found AI can produce biased career and salary guidance. Seventy-two percent agree that AI can sound confident even when its advice turns out to be wrong.

“Americans are handing AI some of the most consequential decisions of their working lives, from the job search to the salary ask, while most have never heard that the guidance can carry bias,” said Valerie Chapman, founder and CEO of Ruth AI. “We are delegating faster than we are asking questions. The responsibility now falls on the people building AI to earn the trust users are already giving it.”

About the Survey

The survey was conducted online within the United States by The Harris Poll from June 11-13, 2026, among a nationally representative sample of 2,131 U.S. adults, including 420 Gen Z adults, 620 Millennials, 519 Gen X adults, and 572 Baby Boomers. Data were weighted to the U.S. general adult population. Some questions were asked only of respondents who had used AI for the relevant purpose. References to research on biased AI guidance refer to external academic research (Sorokovikova, Chizhov, Eremenko & Yamshchikov, 2025; arXiv:2506.10491) and are not findings measured by this survey.

About The Harris Poll Thought Leadership Practice

Building on more than 60 years of experience pulsing societal opinion, The Harris Poll Thought Leadership Practice designs research that is credible, creative, and culturally relevant, driving thought leadership and uncovering trends for today’s biggest brands.

About Ruth AI

Ruth AI is an AI career strategist built for women, on a mission to close the $1.6 trillion gender wage gap. Based in San Francisco, Ruth AI is building a suite of AI agents that help women build personal brands, negotiate their worth, and launch their businesses. Learn more at https://ruthapp.ai.

Media Contact

Valerie Chapman
Founder and CEO, Ruth AI
419380@email4pr.com
786-375-1110

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SOURCE Ruth AI

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