According to the current report published by Market Research Future (MRFR), the global cloud robotics market is anticipated to strike a CAGR of 29% between 2016 and 2022. MRFR reveals that, by 2022, the global market of cloud robotics is all set to touch a valuation of USD 17 Bn.The market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on market highlights the future prediction and the growth alternatives that can be created.
Segmental Overview
The cloud robotics market is segmented by type, connectivity, and application.
By application, the market is classified into manufacturing, aerospace, retail, defense, transportation, agriculture, and healthcare.
By connectivity, Covid 19 Cloud Robotics Market is segmented into 3G, Wi-Fi, 4G, infrared connectivity, RF, and Bluetooth. The 4G segment is expected to contribute significantly to the expansion of the global cloud robotics market. Robust connectivity offered by 4G network and smooth network proviosion for internet applications are likely to spur the global market growth.
By type, the market is segmented into peer based, clone based, and proxy based robotics.
Key Players
MRFR listed some of the prominent market key players in the global cloud robotics market. They are; Kuka AG (Germany), Rockwell Automation, Inc. (U.S.), Fanuc Corporation (Japan), ABB Group (Switzerland), Rapyuta Robotics Co. Ltd. (Japan), Yaskawa Electric Corporation (Japan), Calvary Robotics (U.S.), Ortelio Ltd. (UK), Motion Controls Robotics (U.S.), and others.
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