Market Overview

Global Cloud Robotics Market Forecasts 2017-2022 - Market is Expected to Grow at a CAGR of 29.56% - Research and Markets

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The "Cloud
Robotics Market - Forecasts from 2017 to 2022"
report has been
added to Research and Markets' offering.

Cloud robotics market is expected to grow at a CAGR of 29.56% over the
forecast period to reach a total market size of US$5.538 billion by 2022
from US$1.517 billion in 2017

Cloud robotics is a field of robotics that reaps benefits of shared
services and converged infrastructure and use cloud technologies such as
cloud storage, cloud computing and other internet technologies. These
employ remote computing resources in order to have high computational
power, better memory and interconnectivity for robotics applications.
The growth of the cloud robotics market can be primarily attributed to
technological enhancements in artificial intelligence as well as in
computer chip technology.

Strengthening of cloud and communication infrastructure and software
framework, escalation of cloud computing technologies, augmented
adoption of big data analytics platforms and enhanced utilisation of
wireless technologies and smart-devices too, impact the market growth
considerably. However, huge finances required for investing in the
market to set up the facility and huge R&D investment in robotics
technology can hinder the market growth over forecasted years.
Geographically, Europe is expected to drive the market in coming years
owing to a greater utilisation of cloud technologies. Asia Pacific will
be driven by this market on account of increasing number of internet
users as well as expansion in business opportunities due to the high
population of region.

This research study examines the Cloud robotics market on the basis of
various segments - by connectivity technology, by types, by deployment
model, and by geography. Major drivers, restraints, and opportunities
have been mentioned to provide an exhaustive picture of the market.
Furthermore, the current market trends related to the demand, supply,
and sales, in addition to the recent developments, have been provided in
this report. The report also analyzes key players in the Cloud robotics
market. The report provides comprehensive forecast up to the period 2022
for various key segments, with 2016 as base year.

Segments covered under the Cloud robotics market report are as
below:

By Connectivity Technology

  • Wi-Fi/WiMAX
  • Bluetooth Low Energy (BLE)
  • 5G
  • 4G
  • 3G

By Type

  • Personal Robots
  • Commercial Robots
  • Industrial Robots
  • Military Robots

By Deployment Model

  • Robotics as a Service (RaaS)
  • Hybrid Cloud
  • Private Cloud
  • Public Cloud

Companies Mentioned

  • Tend.ai
  • Ortelio Ltd
  • Rapyuta Robotics Co. Ltd
  • Midea Group
  • Calvary Robotics
  • HotBlack Robotics Srl
  • Tech Con Automation Inc.
  • Rockwell Automation, Inc
  • ABB Group
  • Matrix Industrial Automation

For more information about this report visit https://www.researchandmarkets.com/research/j8svqm/cloud_robotics

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