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Cloud Robotics: A Leading Driver Behind Growing Use Of Robots In Industrial Automation And Robotics-As-A-Service (RAAS) Boosts Cloud Robotics Market Market Expansion in 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Cloud Robotics Industry Market Size Be by 2025?
In recent times, there has been a significant expansion in the size of the cloud robotics market. The market is predicted to increase from $11.2 billion in 2024 to $14.08 billion in 2025, indicating a compound annual growth rate (CAGR) of 25.7%. Factors such as cost-effectiveness and scalability, capabilities in data storage and processing, the globalization of supply chains, security and data privacy strategies, as well as remote surveillance and upkeep can be credited for the growth experienced during the historical period.
What's the Long-Term Growth Forecast for the Cloud Robotics Market Size Through 2029?
In the coming years, the market size of cloud robotics is predicted to expand rapidly, reaching a value of $39.07 billion by 2029, representing a compound annual growth rate (CAGR) of 29.1%. This growth during the predicted period is likely due to elements such as the adoption of decentralized cloud robotics architecture, emphasis on energy efficiency, increases in robotic process automation (RPA), customization, and the development of modular robotics. Over the same forecast period, certain trends are expected to prevail such as the adoption of 5G connectivity for minimal-latency communication, the implementation of edge computing, models of robotics as a service (RaaS), the use of digital twins for simulation and training, plus its adoption across multiple industries.
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What Are the Key Growth Drivers Fueling the Cloud Robotics Market Expansion?
The surge in the implementation of robots for industrial automation and the growing need for robotics-as-a-service (RaaS) are significant factors propelling the cloud robotics market. The automotive sector is progressively moving towards a robot-as-a-service model as a solution for the rising labor expenses, workforce scarcity, and the downward trend in the cost of robotic systems. For example, the Association for Advancing Automation (A3) predicts a 17% rise in cloud computing utilization by 2025, compared to 2018 levels, and industrial entities and factories in North America recorded a new high with 29,000 robots ordered in just the first three quarters of 2021, marking a 37% upswing from the prior year. Hence, the growing implementation of robots for industrial automation coupled with the burgeoning need for robotics-as-a-service (RaaS) is fueling the expansion of the cloud robotics market.
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What Are the Key Trends Driving Cloud Robotics Market Growth?
The increasing progression in technology is a prominent trend getting traction in the cloud robotics market. Major entities in the cloud robotics market are striving to expand software and automation to fortify their market stance. For instance, Amazon Web Services (AWS) introduced AWS IoT RoboRunner in November 2022, a system built to ensure robotic fleet management and encourage interoperability in the robotics industry. This service enables corporations to control multiple robots from different manufacturers using a solitary platform, resolving a notable issue in the deployment of robotics.
How Is the Cloud Robotics Market Segmented?
The cloud robotics market covered in this report 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
Subsegments:
1) By Peer Based: Collaborative Robotics, Multi-Robot Coordination, Distributed Learning Systems
2) By Proxy Based: Remote Control Robotics, Telepresence Robots, Cloud-Connected Interfaces
3) By Clone Based: Virtual Robot Cloning, Simulation And Testing Environments, Digital Twin Technology
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Which Companies Are Leading the Charge in Cloud Robotics Market Innovation?
Major companies operating in the cloud robotics market include ABB Ltd., Microsoft Corporation, IBM Corporation, C2RO Cloud Robotics Inc., Amazon Robotics LLC,Calvary Automation Robotics LLC,CloudMinds,Fanuc Corporation,Google LLC,Hit Robot Group Co Ltd.,Huawei Technologies,Kuka AG,Ortelio Ltd.,Rapyuta Robotics Co. Ltd.,Rockwell Automation Inc.,V3 Smart Technologies PTE Ltd.,CNC Robotics Ltd.,Robocloud Co. Ltd.,Relativity Space,Arrow Electronics Inc.,Boston Dynamics,Clearpath Robotics,Fetch Robotics Inc.,Grey Orange Pte. Ltd.,Locus Robotics,Omron Adept Technologies,Rethink Robotics,Sarcos Robotics,Soft Robotics,Universal Robots
Which Regions Are Leading the Global Cloud Robotics Market in Revenue?
North America was the largest region in the cloud robotics market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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