Less than two years after the release of ChatGPT, a milestone that catapulted the AI industry into the global spotlight, generative AI remains one of the fastest-growing segments in the AI landscape. With hundreds of millions of tech-savvy users worldwide embracing generative AI as their everyday tool, the entire industry is set to hit a record valuation and increase its market share significantly.
Packaging machine manufacturing continues to grow, with turnover of €9.2 billion in 2023 and exports worth €7.2 billion
The automatic packaging and wrapping machinery market continues to flourish, increasing exponentially year after year and recording a total turnover of €9.229 billion during 2023, which marks an 8% rise against the previous year. After 2021 and 2022, this is the third record in a row. A significant achievement, with 78.7% of the revenues coming from international markets (for a total of €7.262 billion), and 21.3% nationally (amounting to €1.967 billion).
The surging AI chip sales, especially in the generative AI field, continue fuelling semiconductors market growth, helping it recover from a challenging 2023 and hit new record highs.
The AI revolution might only be in its nascent stage, but the funding in AI-based startups is already on a decline after peaking in 2021. According to the numbers presented by NoKyc.com, venture capitalists invested a total of $42.5 billion in AI startups in 2023. This was the second consecutive year to witness a decline in fundings in Artificial Intelligence-based start-ups.
The service robot market has undergone major changes over the past years. AI and machine learning enabled the development of machines capable of performing a variety of tasks with greater accuracy and efficiency than ever before. As a result, the entire sector has skyrocketed, growing much faster than the industrial robot market.
The waterborne coatings industry is focused on producing coatings, and finishes that primarily utilize water as a solvent instead of traditional petroleum-based chemicals. These coatings find extensive use across architectural, automotive, industrial, and packaging applications. Waterborne coatings offer several advantages over solvent-based alternatives.
Although the gaming and ecommerce sectors have seen the most significant adoption of the metaverse technology in recent years, its use in other markets like digital marketing will explode in the future. According to data presented by OnlyAccounts.io, the global metaverse advertising industry is expected to grow by 315% and reach a value of $7.5 billion by 2030.
Over 1,600 global leaders from over 80 countries gathered to explore a more sustainable, inclusive model of global growth to revitalize the global economy.
The meeting forged partnerships and showcased solutions around six pillars: a new global economy; China and the world; entrepreneurship in the age of AI; new frontiers for industries; investing in people; and connecting climate, nature and energy.
The World Economic Forum and its partners launched or advanced around 20 initiatives and reports related to the energy transition, emerging technologies, trade competitiveness and the future of healthcare.
Find out everything you need to know about the state and evolution of the European graphic industry. Order your copy of the 2024 Intergraf Economic Report now.
The global AI industry has grown tremendously over the past years, and nothing can stop its growth. In 2024, the entire market is set to reach 315 million users and a $184 billion value, 35% more than last year. However, that's nothing compared to the growth projections in the following years, which recently became even more optimistic.
Global gender gap sees only a slight improvement and will still take five generations to close at current progress.
Improvement in political participation of women has the most impact as it is where the gap is largest, with top-level positions remaining largely inaccessible for women globally.
With over 60 national elections in 2024 and the largest global population in history set to vote, women’s political representation and the overall gender gap could improve.
Parity in global labour-force participation is recovering, reaching 65.7%, up from a pandemic low of 62.3%.
Women's representation in AI engineering has doubled since 2016, but significant underrepresentation in STEM fields and AI remain.
Although China has made huge investments in industrial robotics over the past two years, it is still not the most automated nation on the planet. In fact, four other countries have a much higher number of operational robots in their manufacturing industries, and South Korea is the number one among them.
By Dr Conor O'Brien, Senior Technology Analyst at IDTechEx
The conductive inks market will grow to exceed US$6.5 billion by 2034 but remains a highly segmented industry, underpinning both photovoltaics and the emerging field of printed electronics. Taking stock of the different outlooks for the myriad of conductive ink types and the various application areas is a complex task. IDTechEx has tackled this problem by assessing the market for different conductive ink types across 15 application areas and providing granular ten-year market forecasts.
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