Press release
Cloud Robotics Market: Global Industry Growth, Market Size, Share and Forecast 2019-2025
Cloud Robotics Market Size
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The major factor driving the global cloud robotics market is the increased adoption of high-tech machines. An application of cloud robotics in various end-user industries such as agriculture is significantly assisting in the growth of the market. Utilization of cloud robotics in agriculture has made controlling and operations more refined in addition the advancement in the agriculture sector is anticipated to further propel the growth of the market. Furthermore, cloud-based artificial intelligence and connectivity are likely to aid the development of cloud robotics owing to high investment in AI-based systems. These high investments in robotics market will the open doors for new innovation in cloud-robotics too and ultimately will lead to high demand in the near future.
Furthermore, with the new developments going on in the market and high adoption rate smartphone and fitness band, as well as Increasing adoption of smart devices,are significantly contributing to the growth of the market. Additionally, there is a rise in adoption of cloud-robotics in defense & security sector which is further propelling the growth. Cloud-robotics is also being utilized to enhance the performance of old robots and implement new skills and technologies in them such as walking, running, speaking and others hence increasing the demand for cloud-robotics. However, lack of user guidance, low adoption rate and high cost associated with cloud-robotics is restraining the growth of the market.
The key players dominating the cloud robotics market include companies such as Amazon Robotics (US), Google (US), Huawei (China), IBM (US), Microsoft (US), C2RO (Canada), CloudMinds (US), Hit Robot Group (US), V3 Smart Technologies (Singapore), Rapyuta Robotics (Japan), Ortelio (UK),and Tend (US).. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market. Moreover, the key players are launching new products to stay competitive in the market. For instance, in May 2019, Rapyuta Robotics Co., Ltd. announced that the company is going to collaborate with Microsoft Japan for the promotion of Rapyuta Robotics’ Cloud Robotics platform, rapyuta.io. The platform is the company’s first Cloud Robotics platform developed for enterprise use and currently runs on Microsoft Azure. Rapyuta Robotics is aiming to grab the market across the globe with the aid from Microsoft’s global presence.
Browse the full report description Cloud Robotics Market - Global Industry Share, Growth, Competitive Analysis and Forecast, 2019-2025 at https://www.omrglobal.com/industry-reports/cloud-robotics-market
Global Cloud Robotics Market– Segmentation
By Deployment Model
• Public Cloud
• Private Cloud
• Hybrid Cloud
By Service Model
• Infrastructure-as-a-Service
• Platform-as-a-Service
• Software-as-a-Service
By End-User
• Manufacturing
• Defense
• Healthcare
• Others
Global Cloud Robotics Market- Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Related Reports:
• Wireless Display Market
• Smart Fabrics Market
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-040
Orion Market Research (OMR) is a market research company that endeavors to provide exclusive blend of qualitative and quantitative market research reports to global clients. Our organization helps both multinational and domestic enterprises bolster their business by providing in-depth market insights and most reliable future market trends.
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