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Press Release

28% CAGR Growth to Be Achieved by Cloud Robotics Market According to New Research

Cloud Robotics Market (Component - Hardware, Software (Infrastructure as a Service (IaaS), Robotics as a Service (RaaS), Platform as a Service (PaaS), and Robotics Application Software), and Services (System Integration and Connectivity Services); Implementation Type - Peer Based, Proxy Based, and Clone Based; Connectivity Technology - Bluetooth, Wi-Fi, 3G, 4G, 5G, RF, and Infrared; Application - Industrial Cloud Robotics (Automotive, Defense, Manufacturing, and Transportation & Logistics), Professional Service Cloud Robotics (Agriculture, Healthcare (Hospitals & Clinics), Aerospace (Travel & Tourism), and Retail), and Personal Service Cloud Robotics (Entertainment, Education, and Personal Healthcare)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2023

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Houston, TX -- (SBWIRE) -- 07/09/2018 -- Cloud robotics is a field of robotics that attempts to raise cloud technologies such as cloud computing, cloud storage, and other internet technologies centered on the benefits of converged infrastructure and shared services for robotics. Cloud robotics is an upcoming trend in the intelligent system of an industry. It consists of characteristics of both robotics as well as cloud base technology. From robotics, it has derived three functionalities such as sensation, actuation, and control whereas, from cloud technology it has enabled ubiquitous, convenient, on demand network access to a shared pool of configurable resources such as servers and storage systems which support in minimal management effort or service provider interaction.

The Cloud Robotics Market is in its nascent stage, and Research N Reports Research analyst predicts the market to grow CAGR at a rate of +28% during the forecast period.

This statistical surveying research report on the Global Cloud Robotics Market is an all-encompassing study of the industry sectors, up-to-date outlines, industry development, drivers, and restraints. It provides market projections for the coming years. It contains an analysis of late augmentations in innovation, Porter's five forces analysis and progressive profiles of hand-picked industry competitors. The report furthermore articulates an analysis of trivial and full-scale factors indicated for the new and tenured candidates in the market along with a methodical value chain exploration.

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Top Key Vendors in Market: V3 Smart Technologies Pte Ltd, IBM, IRobot, Hit Robot Group, Abb Group, Adept Technology, Boston Dynamics, Fanuc Corporation

The objective of the report is to define, describe, and forecast the cloud robotics market size on the basis of components, service models, applications, deployment models, end-users, and regions. In the components segment, the software segment is expected to have the larger market share during the forecast period, due to the rapid need for developing businesses and building better applications and the changing database environment. This is expected to result in the need for advanced and flexible robot cloud software solutions for addressing multiple challenges.

The cloud robotics market is characterized by a presence of both international and regional players. With the rapid advances in technology offering considerable growth opportunities, the players of modular robotics market are increasingly focused on expanding their product portfolio across the globe. To help clients improve their revenue shares in this competitive market, market research report on the cloud robotics market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market's competitive landscape.

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On the basis of geographical regions, the Global Cloud Robotics Market is segmented broadly into Latin America, Europe, the Middle East and Africa, and Asia Pacific. The global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Europe are estimated to hold more than half of the market shares, collectively in coming years.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Cloud Robotics Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.

Table of Content:
Global Cloud Robotics Market Research Report
Chapter 1 Cloud Robotics Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast

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