What factors are driving North America cloud robotics industry?

North America garnered over 33% of the market share in 2023, owing to the presence of strong technological infrastructure and well-established cloud computing ecosystem.

Who are the leading cloud robotics market players?

Some of the major cloud robotic firms are AWS, IBM Corporation, Rockwell Automation Inc, Microsoft Corporation, and Google Inc.

Why is the demand for cloud robotic solutions rising?

The solution component segment held over 80% of the market share in 2023, driven by higher adoption in manufacturing, healthcare, logistics, and agriculture.

How big is the cloud robotics market?

The market size of cloud robotics reached USD 5 billion in 2023 and is set to witness 23% CAGR from 2024 to 2032, due to the growing adoption of the Internet of Things (IoT).

Cloud Robotics Market Share

Report ID: GMI6826

Published Date: July 2024

Report Format: PDF

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Cloud Robotics Market Share

The major companies operating in the cloud robotics industry:

AWS
Microsoft Corporation
IBM Corporation
Google Inc
Rockwell Automation Inc.
Huawei
ABB

The IBM Corporation and Microsoft are holds approximately 9% of the market share. Both IBM and Microsoft are well-established technology giants with extensive expertise in cloud computing. They have robust cloud platforms (IBM Cloud and Microsoft Azure) that provide the infrastructure, scalability, and computational resources required for cloud robotics Industry Verticals. IBM and Microsoft have invested heavily in artificial intelligence (AI) and the Internet of Things (IoT) technologies, which are closely related to cloud robotics. Their cloud platforms offer AI and IoT services that can be seamlessly integrated into robotic systems, enhancing perception, decision-making, and data analytics capabilities.

Authors: Preeti Wadhwani,

Frequently Asked Question(FAQ) :

What factors are driving North America cloud robotics industry?: North America garnered over 33% of the market share in 2023, owing to the presence of strong technological infrastructure and well-established cloud computing ecosystem.
Who are the leading cloud robotics market players?: Some of the major cloud robotic firms are AWS, IBM Corporation, Rockwell Automation Inc, Microsoft Corporation, and Google Inc.
Why is the demand for cloud robotic solutions rising?: The solution component segment held over 80% of the market share in 2023, driven by higher adoption in manufacturing, healthcare, logistics, and agriculture.
How big is the cloud robotics market?: The market size of cloud robotics reached USD 5 billion in 2023 and is set to witness 23% CAGR from 2024 to 2032, due to the growing adoption of the Internet of Things (IoT).

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Authors: Preeti Wadhwani,

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Premium Report Details

Base Year: 2023

Companies covered: 19

Tables & Figures: 328

Countries covered: 21

Pages: 220

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Cloud Robotics Market Share

Cloud Robotics Market Share

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