Robotics as a Service Market Overview : By Market Size, Market Share, Recent Trends & Growth Factors 2027| iRobot, Softbank, Intuitive Surgical, DeLaval

The global Robotics as a Service market is projected to reach US$ 39.6 billion by 2027, at a CAGR of 26.3% during 2021-2027. The increasing use of innovative robots that deliver high investment returns and increased IoT use in predictive maintenance robots are significant factors that drive the service robotics industry.

The highest share of the services robotics market in the forecast period is expected for North America. Stringent immigration legislation has contributed to the market for service robotics in the United States, including high per capita income, ongoing research programs, growing population aging, and a lack of work.

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Top Key Players Included in Robotics as a Service Market Report: iRobot, Softbank, Intuitive Surgical, DeLaval, Daifuku Co., CYBERDYNE INC., DJI, KONGSBERG, Northrop Grumman, Neato Robotics, ecoRobotix Ltd, Starship Technologies, KUKA AG, Parrot, Aethon, Lely, Dematic, Bastian Solutions, and OMRON Corporation

The countries covered in the overall Robotics as a Service market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and the remainder of the Middle East and Africa.

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Robotics as a Service Market segment by Type:
Professional Service Robots
Personal Service Robots

Robotics as a Service Market segment by Application:
IT & Telecom
BFSI
Defense
Logistics
Healthcare
Retail
Food & Beverage
Media & Entertainment
Others

Coronavirus truly affected the Robotics as a Service market. The declaration of COVID-19 as a pandemic in March 2020 accomplished unforgiving lockdowns in different nations. Legislatures across the world compelled some outrageous limitations in the midst of the flood in COVID-19 cases accomplishing a stop to affiliations' tasks and money-related exercises.

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