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Cloud Robotics Market Report 2022-2027 | Industry Size, Share, Trends, Growth and Forecast

Cloud Robotics Market Report 2022-2027 | Industry Size, Share, Trends, Growth and Forecast
Cloud Robotics Market Size

The global cloud robotics market size reached US$ 4.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.64 Billion by 2027 exhibiting a growth rate (CAGR) of 20.50% during 2022-2027.

Cloud Robotics Market Overview

The latest research study “Cloud Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global cloud robotics market size reached US$ 4.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.64 Billion by 2027 exhibiting a growth rate (CAGR) of 20.50% during 2022-2027.

Cloud robotics represents the field involving automation systems, deep learning, big data, the internet of things (IoT), and other emerging technologies that focus on centralized infrastructures and shared services. It usually allows robots to benefit from the storage and communications resources of modern data centers, share code, perform computation, etc. Cloud robotics assists in removing maintenance as well as updates overhead and reducing dependence on custom middleware. It enables a high level of human-robot learning and interaction. In line with this, cloud robotics also contributes to digital transformation. Consequently, it is extensively utilized in various industries, such as healthcare, agriculture, construction, etc., across countries.

Covid-19 Impact Analysis:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Cloud Robotics Market Trends and Drivers: 

The emerging trend of industrial automation and the growing digitization of businesses are primarily driving the cloud robotics market. Additionally, the inflating popularity of autonomous cars is augmenting the adoption of these services in the automotive industry to index maps, images, and data on prior trajectories, weather, and traffic, determine spatial localization, make decisions, etc., which is further catalyzing the market growth.

Besides this, the rising utilization of cloud robotics to enable warehouse and logistics automation by using mobile platforms and a local network to move pallets, coordinate platforms, share updates in real-time, etc., is positively influencing the global market.

Moreover, the introduction of innovative solutions that can handle computationally heavy tasks, allow power and cognitive collaboration, increase the available data to share with other machines and humans, etc., is anticipated to fuel the cloud robotics market over the forecasted period.

Cloud Robotics Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 4.87 Billion

Market forecast in 2027

US$ 16.64 Billion

Growth Rate

CAGR of 20.50% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

 Component, Connectivity, Deployment mode and Application.

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Key companies profiled

ABB Group, Calvary Robotics, CloudMinds, FANUC Corporation, inVia Robotics Inc., Kuka AG (Midea Group), Ortelio Ltd, Rapyuta Robotics Co. Ltd., Universal Robots A/S (Teradyne Inc.), V3 Smart Technologies and Yaskawa Electric Corporation.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Component:

  • Hardware
  • Software
  • Services  

Breakup by Connectivity:

  • 3G
  • Bluetooth
  • Wi-Fi
  • 4G
  • 5G
  • RF
  • Infrared  

Breakup by Deployment Mode:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud  

Breakup by Application:

  • Industrial Cloud Robotics
  • Service Cloud Robotics
  • Personal Service Cloud Robotics

By Geography:

  •  
    • North America: (United States, Canada)
    • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
    • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
    • Latin America: (Brazil, Mexico, Others)
    • Middle East and Africa

Ask Analyst for customized Report with TOC & List of Figure: https://www.imarcgroup.com/cloud-robotics-market

List of Major Key Players:

The major players in the market are 

  • ABB Group (SWX: ABBN)
  • Calvary Robotics
  • CloudMinds
  • FANUC Corporation inVia Robotics Inc.
  • Kuka AG (Midea Group)(SHE: 000333)
  • Ortelio Ltd
  • Rapyuta Robotics Co. Ltd.
  • Universal Robots A/S (Teradyne Inc.)(NASDAQ: TER)
  • V3 Smart Technologies
  • Yaskawa Electric Corporation.(TYO: 6506)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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