Worldwide Cloud Robotics Industry to 2026 - Players Include Google, Huawei and IBM Among Others
DUBLIN, July 23, 2021 /PRNewswire/ -- The "Global Cloud Robotics Market (2021-2026) by Component, Implementation Type, Connectivity, Service Model, Deployment Model, Application, End-user, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Cloud Robotics Market is estimated to be USD 4.9 Bn in 2021 and is expected to reach USD 15.9 Bn by 2026, growing at a CAGR of 26.5%.
Key factors such as the growing internet & cloud infrastructure, the rapid advancement of wireless technology, and broad-spectrum use of wireless technologies and smart devices have been driving the growth of the cloud robotics market. Nowadays, organizations across all business verticals are coming up with the adoption of smart factory systems. Hence, there is a huge demand for industrial robots. The growing demand for advanced automotive manufacturing is also driving the growth of the market.
Conversely, data privacy & security concerns, high initial costs of implementation, and R&D expenses are the major restraint for the market growth. Lack of technology is also hampering the growth of the cloud robotics market in the forecast period. Unemployment due to the deployment of cloud robotics is creating challenges for the market.
Market Dynamics
Drivers
- The Proliferation of the Cloud Technology
- Broad Spectrum Use of Wireless Technologies and Smart Devices
- Increase in the Adoption of IoT and Advancements in AI and Machine Learning Technologies
Restraints
- Data Privacy and Security Concerns
- High Initial Costs and R&D Expenses
Opportunities
- Increase in the Use of Robots for Industrial Automation
- The rise in Demand for Robotics-As-A-Service (RaaS)
- Growth Potential Across the Developing Nations
Challenges
- Longer Time to Commercialize the Robots
The global cloud robotics market is segmented further based on Component, Implementation Type, Connectivity, Service Model, Deployment Model, Application, End-user, and Geography.
Company Profiles
Some of the companies covered in this report are Google, IBM, Huawei, Kuka AG, C2RO, Hit Robot Group, Ortelio, ABB, Amazon Robotics, Aethon, Intel Corporation, etc.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors consideed for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Cloud Robotics Market.
- The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
- The report also contains the competitive analysis using Competitive Quadrant, the analyst's proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Overview 4.1 Introduction 4.2 Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Challenges 4.3 Trends
5 Market Analysis 5.1 Porter's Five Forces Analysis 5.2 Impact of COVID-19 5.3 Ansoff Matrix Analysis
6 Global Cloud Robotics Market, By Component 6.1 Introduction 6.2 Software 6.3 Services 6.3.1 Consulting Services 6.3.2 Implementation Services 6.3.3 Training and Support Services
7 Global Cloud Robotics Market, By Type 7.1 Introduction 7.2 Proxy Based 7.3 Peer Based 7.4 Clone Based
8 Global Cloud Robotics Market, By Connectivity 8.1 Introduction 8.2 Wi-Fi 8.3 Bluetooth 8.4 3G 8.5 4G 8.6 RF 8.7 Infrared Connectivity
9 Global Cloud Robotics Market, By Service Model 9.1 Introduction 9.2 Infrastructure-As-A-Service 9.3 Platform-As-A-Service 9.4 Software-As-A-Service
10 Global Cloud Robotics Market, By Deployment Model 10.1 Introduction 10.2 Public 10.3 Private 10.4 Hybrid
11 Global Cloud Robotics Market, By Application 11.1 Introduction 11.2 Industrial Robots 11.3 Consumer Robots 11.4 Military Robots 11.5 Commercial Robots
12 Global Cloud Robotics Market, By End-user 12.1 Introduction 12.2 Verticals 12.2.1 Manufacturing 12.2.2 Defense 12.2.3 Banking, Financial Services, and Insurance 12.2.4 Transportation and Logistics 12.2.5 Healthcare and Life Sciences 12.2.6 Retail 12.2.7 Others 12.3 Third-Party Users
13 Global Cloud Robotics Market, By Geography 13.1 Introduction 13.2 North America 13.2.1 US 13.2.2 Canada 13.2.3 Mexico 13.3 South America 13.3.1 Brazil 13.3.2 Argentina 13.4 Europe 13.4.1 UK 13.4.2 France 13.4.3 Germany 13.4.4 Italy 13.4.5 Spain 13.4.6 Rest of Europe 13.5 Asia-Pacific 13.5.1 China 13.5.2 Japan 13.5.3 India 13.5.4 Indonesia 13.5.5 Malaysia 13.5.6 South Korea 13.5.7 Australia 13.5.8 Russia 13.5.9 Rest of APAC 13.6 Rest of the World 13.6.1 Qatar 13.6.2 Saudi Arabia 13.6.3 South Africa 13.6.4 United Arab Emirates 13.6.5 Latin America
14 Competitive Landscape 14.1 Competitive Quadrant 14.2 Market Share Analysis 14.3 Competitive Scenario 14.3.1 Mergers & Acquisitions 14.3.2 Agreements, Collaborations, & Partnerships 14.3.3 New Product Launches & Enhancements 14.3.4 Investments & funding
15 Company Profiles 15.1 Amazon Robotics 15.2 Google 15.3 Huawei 15.4 IBM 15.5 Microsoft 15.6 C2RO 15.7 Cloudminds 15.8 Hit Robot Group 15.9 V3 Smart Technologies 15.10 Rapyuta Robotics 15.11 Ortelio 15.12 Tend.ai 15.13 ABB 15.14 Aethon 15.15 Fetch Robotics 15.16 Kuka Ag 15.17 Intel Corporation 15.18 Omron Adept Technologies 15.19 Softbank Robotics Group Corp. 15.20 Calvary Robotics 15.21 Rockwell Automation 15.22 Tech-Con Automation Inc 15.23 Fanuc Corporation 15.24 Yaskawa Electric 15.25 Mitsubishi
16 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/7hmgm9
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