Cloud Robotics Market Share - Demand, Key Country Analysis with Forecast 2022

As per the latest report published by Market Research Future (MRFR), the global cloud robotics market is projected to surge at a CAGR of 29% from 2016 to 2022 and reach a valuation of USD 17 Bn. Cloud robotics has emerged as primary segment of cloud technology, which is a combination of cloud storage, cloud computing and other internet technologies. They are collectively applied to create converged infrastructures. Cloud robotics hold tremendous potential in an IT ecosystem of an industry. The fact that cloud robotics has characteristics of both cloud and robotics makes it a technology ready for the future. Its functionalities are based on elements such as actuation, sensation, control, ubiquitous, and convenience.

Currently, cloud technology is booming. The growing inclination of companies towards automation is surging the demand for robotics. In case of cloud robotics, robots can easily access cloud benefits, such as storage, communication, and computation of resources available on the modern data center in cloud.  The global cloud robotics market is anticipated to capitalize on advantage of higher productivity offered by the technology.

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Segmental Overview

The cloud robotics market is segmented by type, connectivity, and application.

By application, the market is classified into manufacturing, aerospace, retail,  defense, transportation, agriculture, and healthcare.

By connectivity, the market is segmented into 3G, Wi-Fi, 4G,  infrared connectivity, RF, and Bluetooth. The 4G segment is expected to contribute significantly to the expansion of the global cloud robotics market. Robust connectivity offered by 4G network and smooth network proviosion  for internet applications are likely to spur the global market growth.

By type, the market is segmented into peer based, clone based, and proxy based robotics.

Regional Analysis

Cloud Robotics Market Share has been covered across regions such as Europe, North America, and Asia Pacific (APAC).  North America is expected to stay at the forefront of global cloud robotics during the review period. Countries such as the US and Canada are witnessing high adoption of robotics technology in verticals such as security, defense and health care. In addition, the existence of advanced network infrastructure and mobile technology is also having a positive impact on the market in the region. Robotics with cloud technology is the next frontier in industrial automation, which is being realized by business all around the world. Such technologies not only improve operational efficiency but also help in reducing managerial burdens. The market in Asia Pacific (APAC) is also expected to exhibit a healthy growth over the next five years. Rising demand for technologies that can improve industrial out and create growth opportunities for economy is having positive impact on the region’s market. Moreover, increased focus towards improving internet infrastructure is also creating lucrative prospects for the market in APAC.

Key Players

MRFR listed some of the prominent market key players in the global cloud robotics market. They are; Kuka AG (Germany), Rockwell Automation, Inc. (U.S.), Fanuc Corporation (Japan), ABB Group (Switzerland), Rapyuta Robotics Co. Ltd. (Japan), Yaskawa Electric Corporation (Japan), Calvary Robotics (U.S.), Ortelio Ltd. (UK), Motion Controls Robotics (U.S.), and others.

Industry News

• Amazon, the global electronic commerce and cloud computing company has recently launched a new cloud-based robotics testing platform “AWS RoboMaker”. The platform was unveiled in AWS Re:Invent 2018. The platform operates on open-source software Robot Operating System (ROS) and provide developers assistance in developing and testing robotics applications.

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