Global Cloud Robotics Market
Cloud robotics is described as the field of robotics wherein cloud technologies are integrated with robotics to ensure that they can attain the benefits of converged infrastructure and combined servicing. The cloud technologies range from cloud computing, storage various other cloud-based technologies which can help present a better quality of framework and administration for robotics operations.
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The main factors boosting the market are:
- Rising internet and cloud infrastructure: One of the most significant factors behind the utilization of cloud robotics technology is the availability of highly popular internet and cloud-services. These services involve usage of various advanced technologies which can be combined to formulate a better infrastructure for continued operations of robots in an effective manner. The availability of greater volume of cloud infrastructure provides better quality and a wide-variety of cloud-based technologies which can help motivate greater innovations from the developers as they can integrate more effective solutions in their products
- Rapid progress of wireless technology: With the prevalence of digitalization age and growing levels of adoption for Internet of Things technology, the development of wireless infrastructure and technologies is highly significant. This infrastructure is utilized for better connectivity of hardware components and other products such as robots, systems and even Internet of Things products. With the help of a better quality of wireless technology, their performance and efficiencies of operations are significantly improved as they can communicate and utilize the modern technologies in a convenient manner
The market is segmented on the basis of component as software, services; service model as IaaS, PaaS, SaaS; application as industrial robots, customer robots, military robots, commercial robots; end-user as third party users, verticals.
Some of the recent market developments are as follows:
- In November 2018, Amazon Web Services, Inc. announced the availability of AWS RoboMaker service helping users to develop, deploy and simulate robot-based applications over the cloud in a more convenient manner. This will be an extension of the open-source robotics software framework, “Robot Operating System (ROS)”. This extension will enable users to deploy better testing conditions and manage a fleet of remote applications deployed
- In October 2018, Google announced that they will be launching the “Cloud Robotics Platform” in the year 2019 for developers. The platform will be based on AI, robotics and cloud technologies for ensuring the continued deployment of cloud-connected collaborative robots. The platform will be open-source and will focus on automation of robotics in a dynamic environment, although users will have to spend for the services that they utilize
“According to Data Bridge Market Research, global cloud robotics market is expected to be growing at a healthy CAGR of 29% during the forecast period of 2018 to 2025”
Some of the major players operating in the market are Amazon Robotics, Google, Huawei, IBM, Microsoft, C2RO, CloudMinds, Hit Robot Group, V3 Smart Technologies, Rapyuta Robotics, Ortelio, Tend.ai, Ericsson, Rockwell Automation Inc., Fanuc Corporation, Yaskawa Electric Corporation, Mitsubishi, Kuka AG, ABB Group, Calvary Robotics, HotBlack Robotics Srl, Motion Controls Robotics, Wolf Robotics LLC, Tech Con Automation Inc., Matrix Industrial Automation, SIASUN and Automation IG.
With the utilization of robots and automated technology across a wide-range of industries the positive impact is expected to be prevalent across the cloud robotics market as the volume of robots currently in operations are set to be enhanced in volume for the forthcoming period. This enhancing volume will bode well for cloud robotics technology as developers are focusing on presenting their products to their customers with the most advanced solutions