The global cloud-based smart robotics market is anticipated to grow at a CAGR of 4.9% during the forecast period. Robot installations across the globe are expected to propel the robotics market during the forecast period. The ongoing trend toward automation and rising next-generation technologies is expected to support market growth. For instance, according to the International Federation of Robotics, sales of industrial robots have reached a strong recovery. A new record of 4,86,800 units was shipped globally in 2021 – an increase of 27% compared to the year 2020. Asia/Australia saw the largest growth in demand installations up 33% reaching 354,500 units. The Americas increased by 27% with 49,400 units sold. The Europe region saw double-digit growth of 15% with 78,000 units installed.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Cloud-Based Smart Robotics Market Report Segment
By Component
- Software
- Services
By Service Models
- IaaS
- PaaS
- RaaS
- SaaS
By Application
- Industrial Robot
- Service Robot
By End-Users
- Automotive
- Manufacturing
- Healthcare
- Healthcare
- Military & Defense
- Retail & E-Commerce
- Others
Global Cloud-Based Smart Robotics Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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