ROBOT AS A SERVICE MARKET ANALYSIS

Market Concentration and Competitive Landscape

Close-monitor your Competitor's Move, Request sample copy

Democratization of Advanced Technologies

Robotics and other forms of advanced automation have huge potential to transform industries but have largely remained concentrated within a few early-adopting sectors so far. One reason for this has been the high barriers to entry for businesses in other domains wanting to experiment with and integrate these technologies. The large upfront capital requirements, technical expertise needed, and long lead times acted as deterrents. Robot as a service eliminates these entry obstacles by providing pay-per-use access to even the most sophisticated robotic machinery on the market.

This on-demand, usage-based commercial model democratizes robotics and other emerging technologies by placing them within financial and operational reach of any organization regardless of size, industry, or location. Entrepreneurs, smaller manufacturers, food processors, warehouses, and various other businesses can now evaluate and pilot cutting-edge automation solutions without heavy investments. Service providers take care of the integration while clients focus only on defining their requirements. Progress is no longer constrained by capital funding cycles either. The wider availability of robotic technologies on tap is spurring innovative new applications and use cases that will drive further technological evolution as well as economic growth across sectors.