Product Code: SR112023A5980
Market Overview:
The global cloud robotics market size reached US$ 6.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.7 Billion by 2028, exhibiting a growth rate (CAGR) of 19.6% during 2023-2028.
Cloud robotics is a robotics field involving robots, automation systems, cloud computing, deep learning, big data, the internet of things (IoT), and other emerging technologies that focus on centralized infrastructure and shared services. It allows robots to benefit from the storage and communications resources of modern data centers, share data and code, and perform computation. It also helps remove maintenance and updates overhead and reduce dependence on custom middleware. Nowadays, organizations worldwide are increasingly relying on cloud robotics as it enables a high level of human-robot interaction and learning and contributes to digital transformation.
Cloud Robotics Market Trends:
Cloud robotics allows robots to access vast amounts of processing and rapidly increasing data transfer to offload compute-intensive tasks like image processing, voice recognition, and downloading new skills instantly. This, in confluence with the rising focus on industrial automation and digitization of businesses, represents one of the primary factors impelling the market growth. Apart from this, the rising traction of autonomous cars is driving the adoption of cloud robotics in the automotive industry to index maps, images, and data on prior driving trajectories, weather, and traffic; determine spatial localization; and make decisions. Moreover, cloud robotics is gaining widespread adoption to enable warehouse and logistics automation using mobile platforms and a local network to move pallets, coordinate platforms, and share updates in real-time. Furthermore, key players are launching innovative solutions that can handle computationally heavy tasks, enable power and cognitive collaboration, and increase the available data to share with other machines and humans. This, in turn, is anticipated to expand the application of cloud robotics in the healthcare, mining, agriculture, and construction industries across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cloud robotics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, connectivity, deployment mode and application.
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Connectivity:
- 3G
- Bluetooth
- Wi-Fi
- 4G
- 5G
- RF
- Infrared
Breakup by Deployment Mode:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Breakup by Application:
- Industrial Cloud Robotics
- Service Cloud Robotics
- Personal Service Cloud Robotics
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Group, Calvary Robotics, CloudMinds, FANUC Corporation, inVia Robotics Inc., Kuka AG (Midea Group), Ortelio Ltd, Rapyuta Robotics Co. Ltd., Universal Robots A/S (Teradyne Inc.), V3 Smart Technologies and Yaskawa Electric Corporation.
Key Questions Answered in This Report:
- What was the size of the global cloud robotics market in 2022?
- What is the expected growth rate of the global cloud robotics market during 2023-2028?
- What has been the impact of COVID-19 on the global cloud robotics market?
- What are the key factors driving the global cloud robotics market?
- What is the breakup of the global cloud robotics market based on the component?
- What is the breakup of the global cloud robotics market based on the connectivity?
- What is the breakup of the global cloud robotics market based on the deployment mode?
- What is the breakup of the global cloud robotics market based on the application?
- What are the key regions in the global cloud robotics market?
- Who are the key players/companies in the global cloud robotics market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cloud Robotics Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Connectivity
- 7.1 3G
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Bluetooth
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Wi-Fi
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 4G
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 5G
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 RF
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Infrared
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Deployment Mode
- 8.1 Public Cloud
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Private Cloud
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Hybrid Cloud
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Application
- 9.1 Industrial Cloud Robotics
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Service Cloud Robotics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Personal Service Cloud Robotics
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 ABB Group
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Calvary Robotics
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 CloudMinds
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 FANUC Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 inVia Robotics Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Kuka AG (Midea Group)
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Ortelio Ltd
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Rapyuta Robotics Co. Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Universal Robots A/S (Teradyne Inc.)
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 V3 Smart Technologies
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Yaskawa Electric Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials