Just as the Internet has altered the way people interact with information, cyber-physical systems (CPS) possess the ability to change the manner in which people interact with engineered systems. Cyber-physical systems connect the physical world with the virtual world of information processing. Advances in CPS have resulted in superior adaptability, resilience, security, capability, scalability, safety, and usability features that have driven competition and innovation in a number of sectors, including energy, building design and automation, manufacturing, agriculture, transportation, and healthcare.
Identified as the core disruptive and enabling technology to help secure economic leadership in ICT/embedded systems, CPSs can make significant contributions to a number of societal challenges such as addressing climate change, supporting the switch to renewable energy, sustainability, mobility, coping with an increasing geriatric population, improving public safety and health issues, tackling limited resources for megacities, and globalization.
Persistence Market Research offers short-term and long-term predictions for the cyber-physical systems market, keeping in mind the impact of social, economic, political, technological, governmental, and geographical factors on the overall growth.