Robotics as a Service (RaaS) Market to Grow at a CAGR of 19.73% During the Period 2018-2022
RaaS involves a business model in which professional service robots are rented or leased on a monthly or hourly basis, along with upgradation, maintenance, and other basic services to end-users. Apart from renting the robots, vendors also leverage technologies such as cloud computing to enhance their offerings through services, such as real-time remote monitoring of robots.
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