New York, NY -- (SBWire) -- 03/30/2019 --The Cloud Robotic market is expected to grow from USD 2.21 billion in 2018 to USD 9.41 billion by 2026, at a CAGR of 13.4% during the forecast period. The driving factor for growth being the enhanced growth in use of smart phones and wireless technologies and the growing penetration of IOT.
The major players covered in this Cloud Robotics market report are Google (US), C2RO (Canada), Huawei (China),), Microsoft (US), CloudMinds (US), Hit Robot Group (US), IBM (US V3 Smart Technologies (Singapore), Amazon Robotics (US), Ortelio (UK),and Tend (US).
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Cloud robotics is a part of robotics that uses cloud technologies like cloud storage, cloud computing, e.t.c. It is used for the processing and sharing of information from other machines or humans. With the advancement of technology and involvement of IoT, cloud robotics has become an important part of the day to day life. It has made the human life easier by its easy use to implement tasks through the involvement of the network. The features of cloud computing allows the robot system to implement work faster by reducing the cost and help in building low cost, light weight and smarter robots. Many industries are using the cloud robotics in order to grow the business for a smarter and more advanced world.
Knowing the trends influencing the Cloud Robotics industry performance
Stakeholders, marketing executives and business owners planning to refer Cloud Robotics market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
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Market split by Deployment model, can be divided into:
- Private cloud
- Public Cloud
- Hybrid cloud
Market split by Application, can be divided into:
- Industrial
- Military
- Consumer
- Commercial
Market split by Industry, can be divided into:
- Banking & Financial services
- IT & Telecom
- Healthcare & life science
- Government
- Education
- Defenses
Geographically, this Cloud Robotics market report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Further key findings from the report suggest:
- Based on deployment type, the market is segmented as on private cloud, public cloud and hybrid cloud. The cloud deployment uses less expensive algorithms to perform along with the features of being flexible, easy and quite affordable, which makes it the faster growing deployment type accepted by various industries than the on premise. The installation and maintenance cost is also affordable than the on premise
- Based on Application type, the market is segmented as industrial, military, consumer and commercial. The industrial and military sectors uses both aerial and land based robots. The robots are used to perform many repetitive and dangerous tasks. The adoption and usage of cloud robotics will increase rapidly in the future due the involvement of IoT and AI.
- The Industry types are Financial and Banking, IT, Healthcare, Retail, Education, Government, Telecom & logistics, Hospitality & life science. The cloud robotics is becoming popular along with the involvement of IoT and AI. It helps to make the functions of a simple robot more efficient by the use of cloud computing as an extra source for memory and processing. The cloud robotics in the field of healthcare and life sciences is expected to bring the highest growth of 4%. It is use for several purposes such as keeping the electronic medical records, monitoring health conditions of a patient, analytics services, clinical solutions, e.t,c. The robot can connect to the cloud to provide clinical assistance for patients. Moreover, it can also provide collaboration service by sharing the information between doctors and patients.
Browse complete Cloud Robotics report description and Full TOC@ https://www.reportsanddata.com/report-detail/cloud-robotics-market
Key Points from TOC:
Chapter 9. Company Profiles
9.1. Google
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.2.1. Revenue
9.1.2.2. Price
9.1.2.3. Gross Margin
9.1.3. Type Benchmarking
9.1.4. Strategic Initiatives
9.2. IBM
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.2.1. Revenue
9.2.2.2. Price
9.2.2.3. Gross Margin
9.2.3. Type Benchmarking
9.2.4. Strategic Initiatives
9.3. Microsoft
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.2.1. Revenue
9.3.2.2. Price
9.3.2.3. Gross Margin
9.3.3. Type Benchmarking
9.3.4. Strategic Initiatives
Continued…
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Cloud Robotics Market Report 2018- 2026 by Top Players: Google, Microsoft, CloudMinds, IBM, Amazon Robotics
A closer look at the overall Cloud Robotics business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.