Global Cloud Robotics Market 2022-2026

Global Cloud Robotics Market 2022-2026

Technavio has been monitoring the cloud robotics market and it is poised to grow by $ 10.11 bn during 2022-2026 progressing at a CAGR of 22.26% during the forecast period. Our report on the cloud robotics market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages offered by cloud robotics, research initiatives to promote cloud robotics, and the implementation of cloud robotics to overcome challenges in service robotics.

The cloud robotics market analysis includes application and product segments and geographic landscape.

Technavio's cloud robotics market is segmented as below:

By Application

• Industrial
• Services industry

By Product

• Hardware
• Software
• Services

By Geographical Landscape

• APAC
• Europe
• North America
• The Middle East and Africa
• South America

This study identifies the increasing potential of telepresence robots as one of the prime reasons driving the cloud robotics market growth during the next few years. Also increasing opportunities for 5G network, and increase in adoption for surveillance operations will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cloud robotics market covers the following areas:

• Cloud robotics market sizing
• Cloud robotics market forecast
• Cloud robotics market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud robotics market vendors that include ABB Ltd., Amazon.com Inc., Calvary Robotics, FANUC Corp., HIT Robot Group, Innovation Matrix Inc., International Business Machines Corp., Irobot Corp., Lincoln Electric Holdings Inc., Microsoft Corp., Ortelio Ltd., Preferred Networks Inc., Rapyuta Robotics Co. Ltd., ReconRobotics Inc., Rockwell Automation Inc., Seegrid Corp., Skymind Global Ltd., SoftBank Robotics Group Corp., Teradyne Inc., and Yaskawa Electric Corp.. Also, the cloud robotics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.