WiseGuyReports has added new market study to its database, titled “2019 Global and Regional Cloud Robotics Market Research Report Forecast 2025”.
Cloud robotics is an emerging field of robotics rooted in cloud computing, cloud storage, and other Internet technologies centered on the benefits of converged infrastructure and shared services. It allows robots to benefit from the powerful computational, storage, and communications resources of modern data centers. The global cloud robotics market was 2.56 billion USD in 2018 and will reach 13.95 billion USD by 2025 with a CAGR of 27.41% during the period.
Growth by Region
North America will hold largest share in the market due to majority of vendors are located in this region and many R&D activities being performed in the field of robotics. Asia – Pacific will grow at higher rate as manufacturers in emerging economies are adopting advanced technologies such as cloud robotics.
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Drivers vs Constraints
Increase in adoption of IoT and advancements in AI are some of the factors that drive the market growth. However, privacy and security concerns, and high initial costs and R&D expenses will hamper the market growth.
Industry Trends and Updates
Rapyuta Robotics announced beta version of expandable drone solution which is built on its hardware agnostic rapyuta.io cloud robotics platform
Globetouch and CloudMinds Technology forged a partnership to provide connectivity for robots and other AI initiatives. The companies aim to develop cloud-based applications and platforms that helps in controlling robots with rapid motion
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
Global Cloud Robotics Market – by Type, Component, Connectivity, Industry, Region – Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 – 2025)
1. Research Methodology
2. Executive Summary
3. Market Overview
3.2. Industry Value Chain Analysis
3.3. Porter’s 5 Forces
4. Market Dynamics
8. Global Cloud Robotics Market Segmentation, Forecasts and Trends – by Industry
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