Press release
Global Cloud Robotics Market Outlook - Industry Share, Size, Demand And Latest Trends 2023-2032 | ABB Ltd., Microsoft Corporation, IBM Corporation, C2RO Cloud Robotics Inc., Amazon Robotics LLC
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Cloud Robotics Global Market Report 2023 identifies increase in the use of robots for industrial automation as the major driver for the Cloud Robotics market's growth in the forecast period. The automotive industry is increasingly shifting towards a robot-as-a-service model due to the increasing labour costs, labour shortage, and reduction in the cost of robotic systems.
The global cloud robotics market size grew from $7.33 billion in 2022 to $10.71 billion in 2023 at a compound annual growth rate (CAGR) of 46.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud robotics market size is expected to grow to $26.47 billion in 2027 at a CAGR of 25.4%.
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Major competitors in the Cloud Robotics market are ABB Ltd., Microsoft Corporation, IBM Corporation, C2RO Cloud Robotics Inc., Amazon Robotics LLC.
A key trend in the Cloud Robotics market includes technological advancement. Key players operating in the cloud robotics market are focusing on developing robotics and automation more broadly to strengthen their position in the market. For instance, in November 2021, Amazon launched AWS IoT RoboRunner, a new robotics service-designed incubator program in collaboration with nonprofit MassRobotics to make it easier for enterprises to build and deploy apps that enable fleets of robots to work together and to tackle challenges in automation, robotics, and industrial internet of things (IoT) technologies.
Read More On The Global Cloud Robotics Market Report Here:
https://www.thebusinessresearchcompany.com/report/cloud-robotics-global-market-report
The Cloud Robotics market is segmented -
1. By Implementation Type: Peer Based, Proxy Based, Clone Based
2. By Deployment Type: Private Cloud, Public cloud, Hybrid cloud
3. By End-User Industry: Manufacturing, Military and Defense, Retail and E-Commerce, Healthcare and Life Sciences, Other End-User Industries
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cloud Robotics market.
The Business Research Company's "Global Cloud Robotics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cloud Robotics Market Include:
1. Executive Summary
2. Cloud Robotics Market Characteristics
3. Cloud Robotics Market Trends And Strategies
4. Cloud Robotics Market - Macro Economic Scenario
5. Cloud Robotics Market Size And Growth
……
26. Africa Cloud Robotics Market
27. Cloud Robotics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud Robotics Market
29. Cloud Robotics Market Future Outlook and Potential Analysis
30. Appendix
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