Robotics as a Service Market 2023 Driving Factors Forecast Research 2029

Robotics as a service market is anticipated to grow at a CAGR of 14.6% during the forecast period. Robots-as-a-Service (RaaS) offers various benefits of automation to small businesses. It is a cloud-based "robotic rental" system that allows users to incorporate the capabilities to upgrade or downgrade systems as per the requirements. The user can also install robotics without requiring the necessary infrastructure which is required by more traditional robotics. The key company players are providing optimized solutions to their customers which is expected to propel the market growth. For instance, KUKA Ag offers software to its customers which ranges from upgradable system software, ready-made robot applications, and software-based controllers to 3D visualization and simulation. This offering allows the company to support intelligent robot networking and safe interaction between humans and machines. The customers can have access to a user-friendly interface throughout and the company offers 100 % compatibility.

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The global robotics as a service market is segmented based on the service type, application, and end-users. Based on the service type, the market is bifurcated into personal services and professional services. Based on the application, the market is sub-segmented into intralogistics, medical applications, surveillance and security, and field robotics. Based on the end-users, the market is further augmented into healthcare, BFSI, food & beverage, IT & telecom, retail, defense, media & entertainment, logistics, and others.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Robotics as a Service Market Report Segment
By Service Type
• Personal
• Professional

By Application
• Intralogistics
• Medical applications
• Surveillance and Security
• Field robotics
• Others

By End-Users
• Healthcare
• BFSI
• Food & beverage
• IT & Telecom
• Retail
• Defense
• Media & Entertainment
• Logistics
• Others

Global Robotics as a Service Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global robotics as a service market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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