Market Research Report
Cloud Robotics - Robot as a Service and Cloud Services for Industrial, Enterprise, Military, Consumer, UAV, and Autonomous Vehicle Applications and Use Cases: Global Market Analysis and Forecasts
|Published by||Omdia | Tractica||Product code||909158|
|Published||Content info||56 Pages; 23 Tables, Charts & Figures
Delivery time: 1-2 business days
|Cloud Robotics - Robot as a Service and Cloud Services for Industrial, Enterprise, Military, Consumer, UAV, and Autonomous Vehicle Applications and Use Cases: Global Market Analysis and Forecasts|
|Published: August 26, 2019||Content info: 56 Pages; 23 Tables, Charts & Figures||
The global cloud robotics market is at a nascent stage of development. As companies become aware of its growing importance, a gap remains in their understanding of what cloud robotics is, how it works, and what the implications are for their businesses. It is essentially the combination of cloud computing and robotics technologies in the form of hardware, software, and services. Cloud robotics is differentiated from general robotics through the use of teleoperation and cloud technologies. Another key differentiator is the emerging cloud-based robotics business mode l that enables connected robot as a service (RaaS), which allows for the more rapid deployment of adaptive robotic solutions.
The benefits of cloud computing and cloud-based IT services also apply to cloud robotics. The same factors that are driving the growth of cloud technology and integration with the Internet of Things (IoT) and AI and the introduction of 5G connectivity are expected to stimulate strong growth in the cloud robotics market. This is why a number of major cloud and robotics companies are offering cloud robotics solutions for their customers. Although cloud robotics will not work for every situation, the rise of cloud computing, AI processing, and IoT are major driving forces for this market. Tractica expects global revenue for cloud robotics to increase from $5.3 billion in 2018 to $170.4 billion in 2025.
This Tractica report examines the market and technology issues related to cloud robotics, as well as the development of global markets across the industrial, enterprise, military, consumer, unmanned aerial vehicle (UAV), and autonomous vehicle (AV) industries. Market forecasts, segmented by type (RaaS hardware, RaaS services, and cloud services) and industry, extend through 2025. The report discusses the global market trends, drivers, and challenges that will influence the development of cloud robotics. A detailed picture of market participants is presented based on interviews with CEOs and research profiling more than 20 key players.