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New Report Evaluates Global Cloud Robotics Market Opportunities 2018-2023

The "Cloud Robotics Technologies, Solutions, Challenges, and Market Opportunities 2018 - 2023" report has been added to's offering.

This report evaluates the Cloud Robotics market including technologies, companies, strategies, use cases, and solutions. The report provides global and regional forecasts for Cloud Robotics apps, services, and components from 2018 to 2023.

Cloud Robotics is distinguished from the general field of electromechanical automation through its use of Teleoperation as well as reliance upon various Cloud Computing technologies such as computing and storage as well as the emerging cloud-based business models enabling Robotics as a Service. In addition, Cloud Robotics will benefit greatly from Edge Computing technologies, such as Mobile Edge Computing, as well as commercial introduction of 5G.

One of the important advantages of the Cloud Robotics market is the ability to make robotics and industrial automation equipment available to a much wider spectrum of users. One of the ways in which this is accomplished is via open APIs, which enable abstraction of the robotics control plane from the application user interface. This means that customers do not need to use proprietary user interfaces for robotic controllers. One of the other clear advantages of Cloud Robotics is the ability to democratize access to robots.

Accordingly, would-be robot users will benefit from fractional ownership and sharing economy business models. This will have the biggest impact within the industrial segment, and to a lesser degree, enterprise automation. While the Cloud Robotics market for consumers is a more distant proposition, involving much different equipment and use cases, the government sector is anticipated to be an early adopter. This is because many sub-sectors will be able to share the same robotic resources, saving money for federal, state, and local governments.

Forecasts include the market outlook for Cloud Services support of Cloud Robotics including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and Robotics as a Service (RaaS). Forecasting for Cloud Robotics by deployment model is also included covering Public Cloud, Private Cloud, Hybrid Cloud, and Community Cloud.

Key Findings:

  • Global Cloud Robotics Market will reach $16.1 billion USD by 2023
  • Stationary, Wheeled, and Legged will be top three robot types respectively
  • Introduction of 5G and Edge computing to provide substantial boost to access and usability
  • Robot Platform as a Service (PaaS) will be the most successful Robot as a Service model through 2023
  • Following core robot parts (such as motors and wheels), internal computers is next largest component
  • Non-cellular wireless and fixed access remains highest connectivity methods through the research study period

Report Benefits:

  • Forecasts for robot components, Cloud Robotics, and related services through 2023
  • Identify key investment areas for Robotics as a Service and Cloud Robotics Platforms
  • Understand the relationship between Teleoperation, Robotics, and Cloud Computing
  • Learn how Cloud Robotics will become an important growth area for enterprise automation
  • Identify opportunities and outlook by industry vertical for enterprise and industrial segments

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