DUBLIN, Sept. 21, 2022 /PRNewswire/ -- The "Cloud Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global cloud robotics market size reached US$ 4.87 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 16.64 Billion by 2027, exhibiting a CAGR of 22.73% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Cloud robotics is a robotics field involving robots, automation systems, cloud computing, deep learning, big data, the internet of things (IoT), and other emerging technologies that focus on centralized infrastructure and shared services.
It allows robots to benefit from the storage and communications resources of modern data centers, share data and code, and perform computation. It also helps remove maintenance and updates overhead and reduce dependence on custom middleware. Nowadays, organizations worldwide are increasingly relying on cloud robotics as it enables a high level of human-robot interaction and learning and contributes to digital transformation.
Cloud Robotics Market Trends:
Cloud robotics allows robots to access vast amounts of processing and rapidly increasing data transfer to offload compute-intensive tasks like image processing, voice recognition, and downloading new skills instantly.
This, in confluence with the rising focus on industrial automation and digitization of businesses, represents one of the primary factors impelling the market growth. Apart from this, the rising traction of autonomous cars is driving the adoption of cloud robotics in the automotive industry to index maps, images, and data on prior driving trajectories, weather, and traffic; determine spatial localization; and make decisions.
Moreover, cloud robotics is gaining widespread adoption to enable warehouse and logistics automation using mobile platforms and a local network to move pallets, coordinate platforms, and share updates in real-time.
Furthermore, key players are launching innovative solutions that can handle computationally heavy tasks, enable power and cognitive collaboration, and increase the available data to share with other machines and humans. This, in turn, is anticipated to expand the application of cloud robotics in the healthcare, mining, agriculture, and construction industries across the globe.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global cloud robotics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, connectivity, deployment mode and application.
Breakup by Component:
Breakup by Connectivity:
Breakup by Deployment Mode:
Breakup by Application:
Industrial Cloud Robotics
Service Cloud Robotics
Personal Service Cloud Robotics
Breakup by Region:
Middle East and Africa
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Cloud Robotics Market
6 Market Breakup by Component
7 Market Breakup by Connectivity
8 Market Breakup by Deployment Mode
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
inVia Robotics Inc.
Kuka AG (Midea Group)
Rapyuta Robotics Co. Ltd.
Universal Robots A/S (Teradyne Inc.)
V3 Smart Technologies
Yaskawa Electric Corporation.
For more information about this report visit https://www.researchandmarkets.com/r/sjfbpe
Research and Markets
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SOURCE Research and Markets