Cloud Robotics Market — Emergece of Cloud Expand at an Impressive 32.4% CAGR

Posted by RASHMI on June 7th, 2019

The emergence of cloud connected robots and their expanding applications are expected to drive the global cloud robotics market. Cloud connectivity offers increased data storage, collective learning solutions, and increased brain power.

Increase in the uptake of cloud robotics is thus on cards subsequent to advancements in the cloud technology. In addition, the surging demand for automation across manufacturing, automotive, defense and logistics, agriculture, and healthcare sectors will push deployment of cloud robotics.

The global cloud robotics market is analyzed by segmenting it on the basis of component, implementation type, connectivity technology and application. Based on component, the market is classified into hardware, software and services. The software segment further classified into infrastructure as a service (IaaS), robotics as a service (RaaS) & platform as a service and robotic application software.

Furthermore, services segment is fragmented into system integration, connectivity service and other professional services. The implementation types covered in the report are peer based, proxy based and clone based. In terms of connectivity technology, the global cloud robotics market is segmented into Bluetooth, WI-Fi, 3G, 4G, 5G, RF and Infrared.

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The application segment is classified into industrial cloud robotics which includes automotive, defense, manufacturing, transportation & logistics and others, professional service cloud robotics which includes agriculture, healthcare (hospitals & clinics), aerospace (travel & tourism), retail & others and personal service cloud robotics which includes entertainment, education, personal healthcare and others.