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Global Cloud Robotics Market Forecasts 2017-2022 - Market is Expected to Grow at a CAGR of 29.56% - Research and MarketsThe "Cloud Robotics Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering. Cloud robotics market is expected to grow at a CAGR of 29.56% over the forecast period to reach a total market size of US$5.538 billion by 2022 from US$1.517 billion in 2017 Cloud robotics is a field of robotics that reaps benefits of shared services and converged infrastructure and use cloud technologies such as cloud storage, cloud computing and other internet technologies. These employ remote computing resources in order to have high computational power, better memory and interconnectivity for robotics applications. The growth of the cloud robotics market can be primarily attributed to technological enhancements in artificial intelligence as well as in computer chip technology. Strengthening of cloud and communication infrastructure and software framework, escalation of cloud computing technologies, augmented adoption of big data analytics platforms and enhanced utilisation of wireless technologies and smart-devices too, impact the market growth considerably. However, huge finances required for investing in the market to set up the facility and huge R&D investment in robotcs technology can hinder the market growth over forecasted years. Geographically, Europe is expected to drive the market in coming years owing to a greater utilisation of cloud technologies. Asia Pacific will be driven by this market on account of increasing number of internet users as well as expansion in business opportunities due to the high population of region. This research study examines the Cloud robotics market on the basis of various segments - by connectivity technology, by types, by deployment model, and by geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the Cloud robotics market. The report provides comprehensive forecast up to the period 2022 for various key segments, with 2016 as base year. Segments covered under the Cloud robotics market report are as below: By Connectivity Technology By Type
By Deployment Model
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/j8svqm/cloud_robotics
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