Global Internet of Robotic Things Market Size study & Forecast, by Type, by Platform, by Component, by End User, by Software Type and Regional Analysis, 2023-2030

Description

List of Tables

Global Internet of Robotic Things Market is valued approximately USD 267.49 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 28.6% over the forecast period 2023-2030. Internet of Robotic Things refers to a concept in which robotic devices are connected to the internet and can communicate with each other, with humans, and with other digital systems and services. It combines the Internet of Things (IoT) and robotics to create a network of intelligent and connected robotic devices. The Internet of Robotic Things Market is expanding because of factors such as the increasing number of e-commerce platforms and rising demand for robotics automation. IoRT devices can exchange data with each other and with cloud-based platforms, enabling real-time monitoring, control, and analysis of robotic systems. As a result, the demand for the Internet of Robotic Things has progressively increased in the international market during the forecast period 2023-2030.

E-commerce platforms often require automation for tasks such as order processing, inventory management, and order fulfilment. As the number of e-commerce platforms grows, there is an increased demand for robotics and automation solutions to handle these tasks efficiently. According to Statista, internet sales have become increasingly important in retailing. E-commerce is projected to account for roughly 19% of global retail revenues by 2022. Furthermore, WooCommerce was the worldwide leading e-commerce software platform in 2023, with a market share of 39%. Squarespace Online Stores and Woo Themes ranked second and third, with shares of 14.95 and 14.67%, respectively. Another important factor that drives the Internet of Robotic Things Market is the increasing demand for robotics automation. Robotics automation generates vast amounts of data from sensors and actuators. This data can be valuable for decision-making, predictive maintenance, and process optimization. The IoRT relies on data sharing and analysis, making it more effective when there is a substantial source of data from automation systems. In addition, as per Statista, the global market for industrial robots was sized at about USD 43.8 billion in 2021. The market is expected to grow at a compound annual growth rate of around 10%, reaching about USD 70.6 billion by 2028. Moreover, the rising deployment of robotics in education and increasing technological advancement in the Internet of Robotic Things are anticipated to create lucrative growth opportunities for the market over the forecast period. However, the rising deployment of robotics in education and increasing technological advancement in the Internet of Robotic Things is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Internet of Robotic Things Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing use of smart robotics for a variety of applications, leading to increased efficiency and productivity across industries in the region. The region's dominant performance is anticipated to propel the overall demand for the Internet of Robotic Things. Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as rising adoption of connected devices and growth in the expenditure to strengthen the education industry in the region.

Major market player included in this report are:

Fanuc Corporation
ECA Group
Bluefin Robotics Corporation
iRobot Corporation
Cisco Systems Inc
Amazon.com Inc
Aethon Inc
ABB Ltd
Intel Corporation Limited
Google LLC

Recent Developments in the Market:

In May 2023, Savant WMS, a leading provider of Warehouse Management Systems, and Locus Robotics, a market leader in autonomous mobility robots, collaborates to develop a cost-effective and adaptable warehouse automation solution for mid-market companies. Savant WMS is fully integrated with Locus Robotics as part of the agreement, allowing mid-market firms to benefit from the award-winning Locus Robotics technology. Warehouse managers are going to benefit from increased efficiency, productivity, and accuracy in their daily operations by integrating Savant WMS with Locus Robotics.

Global Internet of Robotic Things Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Platform, Component, End User, Software Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Sensors
Actuators
Control System
Power Source
Others

By Platform

Device Management Platform
Application Management Platform
Network Management Platform

By Component

Software
Services

By End User

Aerospace and Defense
Automotive and Manufacturing
Healthcare
Food and Beverages
Logistics
Media and Entertainment
Others

By Software Type

Network Bandwidth Management
Data Management
Remote Monitoring System
Security Solution
Real Time Streaming Analytics

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Internet of Robotic Things Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Internet of Robotic Things Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Internet of Robotic Things Market, by Platform, 2020-2030 (USD Billion)
- 1.2.4. Internet of Robotic Things Market, by Component, 2020-2030 (USD Billion)
- 1.2.5. Internet of Robotic Things Market, by End User, 2020-2030 (USD Billion)
- 1.2.6. Internet of Robotic Things Market, by Software Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Internet of Robotic Things Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Internet of Robotic Things Market Dynamics

3.1. Internet of Robotic Things Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing number of e-commerce platforms
  - 3.1.1.2. Rising demand for robotics automation
- 3.1.2. Market Challenges
  - 3.1.2.1. Data Security and Interoperability Issues
  - 3.1.2.2. High Cost of Research & Development
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising deployment of robotics in education
  - 3.1.3.2. Increasing technological advancement in Internet of Robotic Things

Chapter 4. Global Internet of Robotic Things Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Internet of Robotic Things Market, by Type

5.1. Market Snapshot
5.2. Global Internet of Robotic Things Market by Type, Performance - Potential Analysis
5.3. Global Internet of Robotic Things Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Internet of Robotic Things Market, Sub Segment Analysis
- 5.4.1. Sensors
- 5.4.2. Actuators
- 5.4.3. Control System
- 5.4.4. Power Source
- 5.4.5. Others

Chapter 6. Global Internet of Robotic Things Market, by Platform

6.1. Market Snapshot
6.2. Global Internet of Robotic Things Market by Platform, Performance - Potential Analysis
6.3. Global Internet of Robotic Things Market Estimates & Forecasts by Platform 2020-2030 (USD Billion)
6.4. Internet of Robotic Things Market, Sub Segment Analysis
- 6.4.1. Device Management Platform
- 6.4.2. Application Management Platform
- 6.4.3. Network Management Platform

Chapter 7. Global Internet of Robotic Things Market, by Component

7.1. Market Snapshot
7.2. Global Internet of Robotic Things Market by Component, Performance - Potential Analysis
7.3. Global Internet of Robotic Things Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
7.4. Internet of Robotic Things Market, Sub Segment Analysis
- 7.4.1. Software
- 7.4.2. Services

Chapter 8. Global Internet of Robotic Things Market, by End User

8.1. Market Snapshot
8.2. Global Internet of Robotic Things Market by End User, Performance - Potential Analysis
8.3. Global Internet of Robotic Things Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
8.4. Internet of Robotic Things Market, Sub Segment Analysis
- 8.4.1. Aerospace and Defense
- 8.4.2. Automotive and Manufacturing
- 8.4.3. Healthcare
- 8.4.4. Food and Beverages
- 8.4.5. Logistics
- 8.4.6. Media and Entertainment
- 8.4.7. Others

Chapter 9. Global Internet of Robotic Things Market, by Software Type

9.1. Market Snapshot
9.2. Global Internet of Robotic Things Market by Software Type, Performance - Potential Analysis
9.3. Global Internet of Robotic Things Market Estimates & Forecasts by Software Type 2020-2030 (USD Billion)
9.4. Internet of Robotic Things Market, Sub Segment Analysis
- 9.4.1. Network Bandwidth Management
- 9.4.2. Data Management
- 9.4.3. Remote Monitoring System
- 9.4.4. Security Solution
- 9.4.5. Real Time Streaming Analytics

Chapter 10. Global Internet of Robotic Things Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Internet of Robotic Things Market, Regional Market Snapshot
10.4. North America Internet of Robotic Things Market
- 10.4.1. U.S. Internet of Robotic Things Market
  - 10.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Platform breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Component breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. End User breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. Software Type breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Internet of Robotic Things Market
10.5. Europe Internet of Robotic Things Market Snapshot
- 10.5.1. U.K. Internet of Robotic Things Market
- 10.5.2. Germany Internet of Robotic Things Market
- 10.5.3. France Internet of Robotic Things Market
- 10.5.4. Spain Internet of Robotic Things Market
- 10.5.5. Italy Internet of Robotic Things Market
- 10.5.6. Rest of Europe Internet of Robotic Things Market
10.6. Asia-Pacific Internet of Robotic Things Market Snapshot
- 10.6.1. China Internet of Robotic Things Market
- 10.6.2. India Internet of Robotic Things Market
- 10.6.3. Japan Internet of Robotic Things Market
- 10.6.4. Australia Internet of Robotic Things Market
- 10.6.5. South Korea Internet of Robotic Things Market
- 10.6.6. Rest of Asia Pacific Internet of Robotic Things Market
10.7. Latin America Internet of Robotic Things Market Snapshot
- 10.7.1. Brazil Internet of Robotic Things Market
- 10.7.2. Mexico Internet of Robotic Things Market
10.8. Middle East & Africa Internet of Robotic Things Market
- 10.8.1. Saudi Arabia Internet of Robotic Things Market
- 10.8.2. South Africa Internet of Robotic Things Market
- 10.8.3. Rest of Middle East & Africa Internet of Robotic Things Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Fanuc Corporation
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. ECA Group
- 11.3.3. Bluefin Robotics Corporation
- 11.3.4. iRobot Corporation
- 11.3.5. Cisco Systems Inc
- 11.3.6. Amazon.com Inc
- 11.3.7. Aethon Inc
- 11.3.8. ABB Ltd
- 11.3.9. Intel Corporation Limited
- 11.3.10. Google LLC

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Internet of Robotic Things Market, report scope
TABLE 2. Global Internet of Robotic Things Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Internet of Robotic Things Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Internet of Robotic Things Market estimates & forecasts by Platform 2020-2030 (USD Billion)
TABLE 5. Global Internet of Robotic Things Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 6. Global Internet of Robotic Things Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 7. Global Internet of Robotic Things Market estimates & forecasts by Software Type 2020-2030 (USD Billion)
TABLE 8. Global Internet of Robotic Things Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Internet of Robotic Things Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Internet of Robotic Things Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Internet of Robotic Things Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Internet of Robotic Things Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Internet of Robotic Things Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Internet of Robotic Things Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Internet of Robotic Things Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Internet of Robotic Things Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global Internet of Robotic Things Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. U.S. Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. Canada Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Canada Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. UK Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. UK Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. Germany Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Germany Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. France Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. France Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Italy Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Italy Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. Spain Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. Spain Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. RoE Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. RoE Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. China Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. China Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. India Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. India Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. Japan Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Japan Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. South Korea Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. South Korea Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. Australia Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Australia Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. RoAPAC Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. RoAPAC Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Brazil Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Brazil Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. Mexico Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Mexico Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. RoLA Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoLA Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. Saudi Arabia Internet of Robotic Things Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 70. South Africa Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. RoMEA Internet of Robotic Things Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global Internet of Robotic Things Market
TABLE 73. List of primary sources, used in the study of global Internet of Robotic Things Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Internet of Robotic Things Market, research methodology
FIG 2. Global Internet of Robotic Things Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Internet of Robotic Things Market, key trends 2022
FIG 5. Global Internet of Robotic Things Market, growth prospects 2023-2030
FIG 6. Global Internet of Robotic Things Market, porters 5 force model
FIG 7. Global Internet of Robotic Things Market, pest analysis
FIG 8. Global Internet of Robotic Things Market, value chain analysis
FIG 9. Global Internet of Robotic Things Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Internet of Robotic Things Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Internet of Robotic Things Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Internet of Robotic Things Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Internet of Robotic Things Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Internet of Robotic Things Market, regional snapshot 2020 & 2030
FIG 15. North America Internet of Robotic Things Market 2020 & 2030 (USD Billion)
FIG 16. Europe Internet of Robotic Things Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Internet of Robotic Things Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Internet of Robotic Things Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Internet of Robotic Things Market 2020 & 2030 (USD Billion)