Global Cloud Robotics Market 2024-2028

Global Cloud Robotics Market 2024-2028

Global Cloud Robotics Market 2024-2028

The cloud robotics market is forecasted to grow by USD 13238 mn during 2023-2028, accelerating at a CAGR of 26.35% during the forecast period. The report on the cloud robotics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages offered by cloud robotics, research initiatives to promote cloud robotics, and implementation of cloud robotics to overcome challenges in service robotics.

Technavio's cloud robotics market is segmented as below:

• By Application
• Industrial
• Services industry
• By Product
• Software
• Hardware
• Services
• By Geographical Landscape
• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the rising potential of telepresence robots as one of the prime reasons driving the cloud robotics market growth during the next few years. Also, increasing opportunities for 5g network and increase in adoption for surveillance operations will lead to sizable demand in the market.

The report on the cloud robotics market covers the following areas:

• Cloud robotics market sizing
• Cloud robotics market forecast
• Cloud robotics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud robotics market vendors that include ABB Ltd., Amazon.com Inc., Calvary Robotics, FANUC Corp., HIT Robot Group, Innovation Matrix Inc., International Business Machines Corp., Irobot Corp., The Lincoln Electric Co., Microsoft Corp., Ortelio Ltd., Preferred Networks Inc., Rapyuta Robotics Co. Ltd., ReconRobotics Inc., Rockwell Automation Inc., Seegrid Corp., Skymind Global Ltd., SoftBank Robotics Group Corp., Teradyne Inc., and Yaskawa Electric Corp.. Also, the cloud robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.