Cloud robotics is the seamless integration of robotics and cloud computing, internet technologies, and cloud storage. Cloud robotics are used to enhance the learning abilities of robots. It allows robots to take advantage of powerful computational, storage, and communication resources of modern data centers. Cloud robotics is associated with four primary robotic operations namely data capturing with the help of a robot (onboard/integrated sensors and nodes), processing the collected data on cloud servers, application of the processed data, and feedback sent to the servers for further analysis.

Market Dynamics

Various organizations across the world are focused on investing in cloud infrastructure. According to the Telecom Regulatory Authority of India (TRAI), a consultation paper on cloud computing published in June 2016, cloud computing accounted for 33% of IT expenditure globally in 2015. Cloud computing allows access to parallel grid computing for statistical analysis, learning, and motion planning of robots. It also provides benefits from the powerful storage, communication and computational resources of modern data centers. Furthermore, it decreases reliance on custom middleware and eliminates overheads for updates and maintenance. Cloud computing facilitates robots to offload computationally intensive tasks into the cloud. It provides robots access to databases in the cloud and can obtain information and data to perform certain tasks. This eliminates the need to create and maintain such data. Moreover, big data provides robots access to updated libraries of object/product data, maps, and images. With the help of a big data analytics platform, operators can access data transmitted wirelessly by connected to robots to enhance manufacturing processes.

Key features of the study:

• This report provides an in-depth analysis of the global cloud robotics market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030 ), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global cloud robotics market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global cloud robotics market include Mitsubishi Electric Corporation, Remtec Automation, LLC, Bosch Packaging Technology, Schneider Electric SE, KUKA Roboter GmbH, Brenton LLC, FANUC Corporation, Krones AG, Yaskawa Electric Corporation, and ABB Ltd.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global cloud robotics market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global cloud robotics market.

Detailed Segmentation

• Global Cloud robotics Market, By Component
  • Hardware
    • Robot
    • Hardware Components
  • Software
    • Infrastructure as a Service (IaaS)
    • Robotics as a Service (RaaS) & Platform as a Service (PaaS)
    • Robotics Application Software
  • Services
    • System Integration
    • Connectivity Service
    • Other Professional Services
• Global Cloud robotics Market, By Implementation Type
  • Peer Based
  • Proxy Based
  • Clone Based
• Global Cloud robotics Market, By Deployment Model
  • On-premise
  • Cloud
• Global Cloud robotics Market, By Technology
  • Bluetooth
  • Wi-Fi
  • 3G
  • 4G
  • 5G
  • RF
  • Infrared
• Global Cloud robotics Market, By Application
  • Industrial Cloud Robotics
    • Automotive
    • Defense
    • Manufacturing
    • Transportation & Logistics
    • Others
  • Professional Service Cloud Robotics
    • Agriculture
    • Health Care (Hospitals and Clinics)
    • Aerospace (Travel and Tourism)
    • Retail
    • Others
  • Personal Service Cloud Robotics
    • Entertainment
    • Education
    • Personal Healthcare
    • Others
• Global Cloud robotics Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles
  • Mitsubishi Electric Corporation
  • Remtec Automation
  • LLC, Bosch Packaging Technology
  • Schneider Electric SE
  • KUKA Roboter GmbH
  • Brenton LLC
  • FANUC Corporation
  • Krones AG, Yaskawa Electric Corporation
  • ABB Ltd.