$CYN Cyngn announces the release of a white paper examining | Spinta Rialzista

$CYN


Cyngn announces the release of a white paper examining the significant role automation is playing across several diverse industries and why automation is expected to grow to an over $300 billion market by 2027.

• Automation Is Growing- According to research by Meticulous Market Research, Inc., the Industrial Automation Market is expected to reach $306.2 billion by 2027.

• Automation Is Working- According to a recent report from Sapio Research, in some industries, industrial automation has been shown to increase productivity by 48%, and decrease operating costs by 42%.

• Automation Is Already Here- Autonomous vehicles, automation, and robotics represented 3 of the top 5 capital expenditures in key industries in 2021.