openPR Logo
Press release

Cloud Robotics Market Highlights On Product Demand 2025 | Kuka Robotics, ABB Group

08-21-2018 01:10 PM CET | IT, New Media & Software

Press release from: TMR Research

/ PR Agency: TMR Research
Cloud Robotics Market Highlights On Product Demand 2025 | Kuka

Global Cloud Robotics Market: Snapshot

Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on-board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources.

Request Sample Copy of the Report @
https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2861

Cloud robotics in the past few years has disrupted the functioning of robots drastically. From the single-purpose robotics of that could vacuum floors or wash dishes to the much smarter, better, faster versions that have their own neural networks, ability to process data, process language, recognize, and so on – cloud computing has completely changed the face of robotics.

The biggest USP of cloud is that it does not require the robot to learn any other task which a connected robot has. It can simply download the information. This interconnectedness let robots work together seamlessly by automatically coordinating their functions.

The most prominent example of cloud robotics is the self-driving cars of Google. Those accumulate data from Google Maps and images that are stored in the cloud to navigate the immediate surroundings and move ahead. Those also are important means of gathering information on road and traffic which are then sent back to the cloud for processing.

Request TOC of the Report @
https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2861

The market for cloud robotics is expected to explode in the next couple of years with both large companies and small startups betting big on new and innovative applications. Going forward, with the help of smartphones and fitness bands one would be able to interact with the robots seamlessly. App stores would be developed for robots with everything being automated. Most importantly, hardware is expected to become smaller and prices less. All these will have a tremendous positive impact on the market, alongside manufacturing units lapping those up.

Global Cloud Robotics Market: Overview

The global cloud robotics market is benefitting from the advent of cloud connected robots and expansion of their applications. This coupled with advancements in cloud technology is leading to the uptake of cloud robotics. In addition, rising trend of automation of several industry verticals such as manufacturing, agriculture, defense and logistics, and healthcare will elevate demand for cloud robotics.

Global Cloud Robotics Market: Key Trends

The demand for cloud robotics is primarily driven by the rising trend of automation across several industry verticals. The need to enhance the efficiency of industrial processes is leading to automation, which in turn is creating opportunities for deployment of cloud robotics. Cloud connected robots use electrical, mechanical, and software systems to deliver higher accuracy, precision, and speed, hence their installation is likely to increase in the future.

Further, rapid advancements in artificial technology are likely to open growth opportunities for the global cloud robotics market in the upcoming years. Besides this, expansion of cloud computing and big data analytics will stoke growth of the cloud robotics market.

However, the cloud robotics market could face cutbacks due to several factors. Despite several growth opportunities, cloud robotics poses risks of security threats and data theft that could limit the market’s growth to some extent. Cloud robotics deals with critical information from clients as well as their personal data, which in the event of hacking puts personal information as well security of individuals at risk.

Read Comprehensive Overview of Report @
https://www.tmrresearch.com/cloud-robotics-market

Nevertheless, the market is foreseen to be benefitted by the emergence of advanced technologies such as 5G. The deployment of cloud robotics necessitates reliable and unbroken connectivity so as to ensure that robots carry out their task efficiently regardless of the environment where they function. With the emergence of 5G technology, cloud robotics will be benefitted by a reliable platform to reach a wider audience.

Besides this, recent developments in robotic applications will boost the expansion of cloud robotics market in the future.

Global Cloud Robotics Market: Market Potential

In an unusual move, Chinese online retailer JD.com have forayed into the autonomous driving space. With this move, the Beijing based company has joined the bandwagon with technology giants Google and Baidu that have been pumping vast sum of money for developing self-driving technology along with established car makers.

The online retailer will pump in US$1.5 billion in a project in Changsha, and have signed a contract with the Changsha government along with other companies in new projects pertaining to driverless technology, artificial intelligence, and robotics and the cloud.

Global Cloud Robotics Market: Geographical Analysis

The report classifies the global cloud robotics market in terms of geography into: North America, Europe, Asia Pacific, South America, and the Middle East and Africa. As per the report analysis, North America held supremacy in the market in 2015 vis-à-vis revenue; however, Asia Pacific will display the leading CAGR of 33.9% between 2016 and 2024. China and India will emerge as key domestic markets in Asia Pacific due to rising trend of adoption of advanced technology.

Global Cloud Robotics Market: Competitive Landscape

Kuka Robotics, ABB Group, Fanuc Corporation, Cavalry Robotics, and Wolf Robotics are the handful of companies that hold command due to global presence in the cloud robotics market. This amounts to limited competition in this market. However, in the upcoming years, the entry of regional players will limit the expansion of market leaders due to customer loyalty issues.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cloud Robotics Market Highlights On Product Demand 2025 | Kuka Robotics, ABB Group here

News-ID: 1191328 • Views: 198

More Releases from TMR Research

IoT in Manufacturing Market Present, History, Future and Forecast 2025 | IBM Cor …
Global IoT in Manufacturing Market: Snapshot The global IoT in manufacturing market is driven by an increasing need for centralized monitoring and predictive maintenance of manufacturing infrastructure. The growing demand for operational efficiency, agile production, operational control, and connected logistics will also support the growth of the IoT in manufacturing market. The global IoT in manufacturing market is highly fragmented with the presence of both large and small companies in high
Airport Retailing Market Global Industry Trends Analysis 2025 | World Duty Free …
Global Airport Retailing Market: Snapshot Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead
Incident Response Services Market Overview and Outlook 2017 to 2025 | Dell Secur …
Global Incident Response Services Market: Snapshot Incident response refers to the management and active efforts taken after an attack or a security breach has taken place. Incident response services primarily deal with an organized approach towards the incident and most service providers adhere to the core goal of managing the incident in a way that will reduce damage in terms of time and money. Incident response service providers usually incorporate plans
Telecom Cloud Billing Market Development, Application and Forecast 2025 | Ericss …
Global Telecom Cloud Billing Market: Snapshot The global telecom cloud billing market is projected to be a forward-looking breeding ground of lucrative prospects birthing from the advent of cloud computing as a mainstream IT strategy. Cloud computing is the new in telecom billing that catalyzes important modifications in traditional billing architectures. Anticipated to reshape conventional billing concepts, cloud computing enables the deliverance of highly scalable IT resources directly over the web

All 5 Releases


More Releases for Cloud

Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Cloud Orchestration Market Trend
According to a new report Cloud Orchestration Market (2017-2023), published by KBV Research, the Cloud Orchestration Market is expected to attain a market size of $15.6 billion by 2023, growing at a CAGR of 23.5% during the forecast period. The Configuration market dominated the Cloud Orchestration Market by Solution Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22.9 % during the
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
Agilisys Cloud Services Simplifies Cloud Infrastructure (IaaS)
David Cotterell appointed Managing Director to spearhead private sector growth for Agilisys London, 17 October 2011. Agilisys, one of the UK’s most innovative IT and business services providers, has expanded its cloud services offering by launching Agilisys Cloud Services, a managed IaaS (Infrastructure as a Service) providing a suite of scalable, modular and customisable cloud services including infrastructure, co-location and hosting solutions, along with associated consultancy services, in Agilisys’ dedicated, highly