Edison, NJ -- (SBWIRE) -- 11/02/2020 -- A new research document is added in HTF MI database of 117 pages, titled as 'WORLDWIDE CLOUD ROBOTICS MARKET-By Types (Industrial, Military, Commercial and Personal), Connectivity Technology (Bluetooth, Wi-Fi, 3G,4G and 5G), Deployment (Public, Private and Hybrid), End-Users (Manufacturing, Aerospace and defence, Education, Logistic, Agriculture, Home and Construction), By Region-Drivers, Opportunities, Trends, and Forecasts, 2016-2022' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry players; some of the profiled players are Amazon Robotics (United States), C2RO (Canada), CloudMinds Technology Inc. (United States), Google LLC (United States), HIT Robot Group (United States), Huawei Technologies Co., Ltd. (China), IBM (United States), Microsoft (United States), Ortelio Ltd (United Kingdom), Rapyuta Robotics (Japan), Tend.ai Inc. (United States) and V3 Smart Technologies (Singapore). The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during forecast year 2021-2026
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Worldwide Cloud Robotics Market – Drivers, Opportunities, Trends, and Forecasts, 2016–2022
The cloud robotics is an emerging field of robotics that provides a range of potential benefits for robots by combining cloud computing, cloud storage, and internet technologies. The cloud robotics allows robots to share resources and data with each other. It also collaborates with other machines, smart objects and humans. This opens a new paradigm in robotics that may lead to exciting developments in the coming years. There is an increased interest from academics, governments, and industries worldwide. Also, many end-users have started focusing on this technology and has been slowly gaining global attention towards the same.
The report is segmented by types, connectivity technologies, service models, deployment models and regions. The connectivity technology, 5G, will be the leading technology for its high capacity and low latency. The 5G technology enables the cloud robotics and facilitates the uptake of robots into new applications. According to the deployment model, Robotics as a Service (RaaS) is one of the emerging trends in the market, offering a huge opportunity for the retail industry. As per region analysis, it is expected that Europe will be the leading region followed by North America.
Key Player: Amazon Robotics (United States), C2RO (Canada), CloudMinds Technology Inc. (United States), Google LLC (United States), HIT Robot Group (United States), Huawei Technologies Co., Ltd. (China), IBM (United States), Microsoft (United States), Ortelio Ltd (United Kingdom), Rapyuta Robotics (Japan), Tend.ai Inc. (United States) and V3 Smart Technologies (Singapore)
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The cloud-connected robots will have a huge growth in IoT technology in the upcoming years. According to HTF MI, the "Worldwide Cloud Robotics" market will witness a CAGR of 32.4% during the forecast period 2016–2022. The cloud computing technology, smartphones/tablets, and the commercial robotics are driving the market growth. In the next 4–5 years, personal use of robots will be more in reality. The key players covered in this report are Google, Softbank, iRobot, Fanuc and KUKA.
The study covers and analyzes the "Worldwide Cloud Robotics" market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
There is an increasing interest in the field of robotics. Governments, large companies, and venture capitalists are hugely funding in robotics market which was not there before. Cloud robotics is an emerging field of robotics that combines internet and cloud computing. Using cloud computing techniques, the cloud-enabled robots will provide high-quality customer service, will be able to speak many languages and will react to human emotions.
The cloud robotics market is still at the nascent stage. There will be an increasing demand for cloud robotics due to its intelligence and falling price – this will play a major role in factories, healthcare and at homes. In the near future, it will also be used in teaching, agricultural work, disaster relief, environmental clean-up work, security, transportation, and various kinds of therapy. There will be more opportunities for industrial, commercial and personal robots. Over the next 10 years, there will be a massive growth and development in the mobile robots. The personal robotics still have a long road of technology development ahead in the coming years.
In the future, there will be an increase in the robotics shipment which will improve the labor productivity. Investment in research and innovation in robotics is expected to increase and improve the living conditions of people in the society. The market is being segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA). The revenue is coming mainly from North America, Europe and Asia Pacific.
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Table of Contents
1 Industry Outlook 13
1.1 Industry Overview 13
1.2 Industry Trends 13
1.3 Pest Analysis 14
2 Report Outline 15
2.1 Report Scope 15
2.2 Report Summary 15
2.2 Research Methodology 16
2.3 Report Assumptions 16
3 Market Snapshot 17
3.1 Total Addressable Market (TAM) 17
3.2 Segmented Addressable Market (SAM) 17
3.3 Related Markets 19
3.3.1 Industrial Automation 19
3.3.2 Industrial Robotics 19
4 Market Outlook 20
4.1 Overview 20
4.2 Market trend and impact 21
4.3 Market Segmentation 21
4.4 Evolution 22
4.5 Architecture 22
5 Market Characteristics 23
5.1 Traditional Robots v/s Cloud Robots 23
5.2 Market Dynamics 25
5.3 Porter 5 (Five) Forces 29
6 Connectivity Technology: Market Size and Analysis 29
6.1 Overview 29
6.2 Bluetooth Low Energy (BLE) 31
6.2.1 Overview 31
6.2.2 Market Size and Analysis 32
6.3 Wi-Fi/WiMAX 33
6.3.1 Overview 33
6.3.2 Market Size and Analysis 34
6.4 3G 35
6.4.1 Overview 35
6.4.2 Market Size and Analysis 36
6.5 4G 36
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