openPR Logo
Press release

5G & Cloud Robotics for Industrial IoT Market - Industrial Forecast On Global Industry Analysis and Trends till 2025

10-10-2017 03:06 PM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
5G & Cloud Robotics for Industrial IoT Market - Industrial

Robotics have become a crucial, time as well as energy efficient elements of modern industry. Development of smart robots have supported and efficiently enabled the entire processes including vehicle assembly to be carried out automatically. However, though the development of robots/robotics proved to be beneficial for various industries, it brought with it the two major challenges namely the cost and substantial amount of intelligence robots requires to function properly. Therefore, the challenge was to build simplified smart robotic system at affordable cost. In order to overcome this hindrance the research and development team around the world created cloud robotics enabled by 5G technology. Cloud robotics aims to provide cost effective solution along with creating a more simplified robotics on ground. These robots can be controlled from anywhere in the world and also navigate by themselves. The three major component of cloud robotics are artificial intelligence (AI), mobile network and the robot platform.

Get Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29879

The 5th generation wireless technology has greatly paved the way for such smart, new generation robots. Due to such capabilities, robots can be accurately controlled dynamically in real-time and be connected to people as well as machines locally and globally. 5G, has large bandwidth and low latency that makes it an ideal choice for cloud robotics data transmission. Moreover, efficient 5G network and MEC i.e. mobile edge computing can provide robotic solution with comprehensive support The 5G enabled cloud robotics are being used in various industries, however one industry that has taken lead in the deployment of 5G enabled cloud robotics is manufacturing. Apart from manufacturing, sectors including healthcare, transportation, and consumer services are among the forerunners, contributing to the development of the market as a whole. In manufacturing in particular 5G enabled cloud robotics is expected to improve the performance of the production plant for instance the technology would support advance lean manufacturing and also provide effective preventive maintenance. Similarly, in healthcare the technology would provide assistance in patient care, and can also optimize hospital logistics. Cloud based medical services will also gain popularity. The growth in the adoption of 5G enabled cloud robotics will also bring various opportunities in healthcare such as remote surgery further down the line. Therefore, given the potentially huge range of use cases, the business prospects of 5G enabled cloud robotics looks promising.

For deploying a cloud-based robotics system, constant, efficient and reliable connectivity is essential. The wireless connectivity provides scalability as it offers industry the flexibility to add new robots, thereby helping the industry to keep the modification costs at a minimum level. This in turn provide greater freedom in decision-making at the business level. The 5G technology enabled cloud robotics has the capability to deliver the required performance needed by different industry

The 5G & cloud robotics for industrial IoT market is driven by the need for more simplified robotics solution that are easy to deploy and use. However the market, and the cloud robotics in particular present certain challenges. A standard cloud robotics solution cannot fit for all business model. Hence there is the requirement for a shared platform for common business function that can be tailored to a particular application.

The 5G & cloud robotics for industrial IoT market can be segmented on the basis of the end-use industry verticals. The end-use industry verticals might include manufacturing, agriculture, healthcare, transportation, consumer products, and entertainment among others.

View TOC for this Market Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=29879

With the strong growth of 5G and cloud robotics for industrial IoT market, a concrete business model has been arised. There are various participants in the cloud robotics business model including vendors who are selling robotic software such as MathWorks and Rbotnik. Vendors selling robot component such as Synapticon GmbH and The Shadow Robot Company. Then there are vendors selling robot platform who will provide hardware and software platform, such as SoftBank Group Corp, ABB Group among others. Apart from these vendors, the involvement of telecom operators to provide robotics connection is strong and would be vital in coming years. There are also vendors who provide dedicated artificial intelligence (AI) solution including machine vision, big data analytics, and natural language processing among others. Companies such as IBM Corporation, Google Inc., CloudMinds are key vendors for AI solution.

As the technologies become more accessible and organized, there would be a significant growth in the adoption of 5G enabled cloud robotics across all the industry verticals.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 5G & Cloud Robotics for Industrial IoT Market - Industrial Forecast On Global Industry Analysis and Trends till 2025 here

News-ID: 765984 • Views: 113

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for Cloud

Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Cloud Orchestration Market Trend
According to a new report Cloud Orchestration Market (2017-2023), published by KBV Research, the Cloud Orchestration Market is expected to attain a market size of $15.6 billion by 2023, growing at a CAGR of 23.5% during the forecast period. The Configuration market dominated the Cloud Orchestration Market by Solution Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22.9 % during the
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
Agilisys Cloud Services Simplifies Cloud Infrastructure (IaaS)
David Cotterell appointed Managing Director to spearhead private sector growth for Agilisys London, 17 October 2011. Agilisys, one of the UK’s most innovative IT and business services providers, has expanded its cloud services offering by launching Agilisys Cloud Services, a managed IaaS (Infrastructure as a Service) providing a suite of scalable, modular and customisable cloud services including infrastructure, co-location and hosting solutions, along with associated consultancy services, in Agilisys’ dedicated, highly