Cloud Robotics Market by Component (Software and Services), Service Model (IaaS, PaaS, and SaaS), Application, Deployment Model (Public, Private, and Hybrid Cloud), End-User (Verticals and Third-Party Users), and Region - Global Forecast to 2022

  • ID: 4470014
  • Report
  • Region: Global
  • 124 Pages
  • Markets and Markets
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The Global Cloud Robotics Market is Expected to Grow from USD 2.20 Billion in 2017 to USD 7.51 Billion By 2022, at a CAGR of 28.1%

FEATURED COMPANIES

  • Amazon Robotics
  • Cloudminds
  • Google
  • Huawei
  • Microsoft
  • Rapyuta Robotics
  • MORE

“Proliferation of the cloud technology, broad spectrum use of wireless technologies, and the increase in the adoption of Internet of Things (IoT) and Artificial Intelligence (AI) are expected to drive the growth of the cloud robotics market.”

The proliferation of the cloud technology, broad spectrum use of wireless technologies,increase in the adoption of IoT, and advancements in AI are some of the factors that are expected to drive the growth of the global cloud robotics market. However, privacy and security concerns, and high initial costs and R&D expenses may hinder the market growth.

“The training and support services is expected to grow at thehighest CAGR during the forecast period.”

In the services segment, the training and support services segment is expected to grow at the highest CAGR during the forecast period. These services are designed to provide a wide range of service offerings that help meet the specific needs of customers who require maximum benefits from their hardware and software. These services also assist the robot manufacturers and integrators in successfully implementing the cloud robotics solutions.

“Platform as a Service (PaaS) segment is expected to be the fastest growing during the forecast period”

In the service model, the PaaS segment is expected to have the highest CAGR during the forecast period. This is because, it enables enterprises to develop, run, and manage software and tools, without the hassle of maintaining and updating the hardware and software infrastructure. Enterprises of all sizes are globally adopting the Paas segment, because of its simplicity, scalability, and reliability. In addition to this, PaaS applications have a high adaptability rate, because they have the latest features, such as easy upgradation.

“Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.”

The APAC region includes emerging economies, such as China, Japan, Singapore, South Korea, and India. The enterprises in these economies are using cloud robotics solutions and services to streamline their business processes. The APAC region is expected to grow at the highest CAGR during the forecast period. As the region houses a large number of manufacturing units that are gradually embracing the adoption of advanced technologies, such as cloud robotics, it is expected to offer potential growth opportunities for the cloud robotics vendors. On the other hand, North America is estimated to have the largest market size in the cloud robotics market in 2017.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the cloud robotics market.

The breakup of the profiles of the primary participants is given below:

  • By Company: Tier 1 - 20%, Tier 2 - 45%, and Tier 3 - 35%
  • By Designation: C-Level - 51%, Director Level - 43%, and Others - 6%
  • By Region: North America - 41%, Europe - 26%, APAC - 28%, and Rest of the World (RoW) - 5%

The key cloud robotics vendors profiled in the report are as follows:
1. Amazon Robotics (US)
2. Google (US)
3. Huawei (China)
4. IBM (US)
5. Microsoft (US)
6. C2RO (Canada)
7. CloudMinds (US)
8. Hit Robot Group (US)
9. V3 Smart Technologies (Singapore)
10. Rapyuta Robotics (Japan)
11.  Ortelio (UK)
12. Tend (US)

Research Coverage

The cloud robotics market has been segmented on the basis of components (software and services), service models, applications, deployment models, end-users (verticals and third-party users), and regions. A detailed analysis of the key industry players has been done to provide insights into their business overview; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; expansions; and the competitive landscape associated with the global cloud robotics market.

Reasons to Buy the Report

The report will help market leaders/new entrants in the following ways:

  • The report segments the cloud robotics market comprehensively and provides the closest approximations of the revenue numbers for the overall market segments and subsegments across different regions.
  • The report is expected to help stakeholders understand the pulse of the cloud robotics market and provides them information about the key market drivers, restraints, challenges, and opportunities.
  • The report is expected to help stakeholders understand their competitors better and gain more insights to advance their positions in the market. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
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FEATURED COMPANIES

  • Amazon Robotics
  • Cloudminds
  • Google
  • Huawei
  • Microsoft
  • Rapyuta Robotics
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Cloud Robotics Market
4.2 Market Share of Top 3 Applications and Regions
4.3 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Proliferation of the Cloud Technology
5.2.1.2 Broad Spectrum Use of Wireless Technologies and Smart Devices
5.2.1.3 Increase in the Adoption of IoT and Advancements in AI and Machine Learning Technologies
5.2.2 Restraints
5.2.2.1 Data Privacy and Security Concerns
5.2.2.2 High Initial Costs and R&D Expenses
5.2.3 Opportunities
5.2.3.1 Increase in the Use of Robots for Industrial Automation
5.2.3.2 Rise in Demand for Robotics-As-A-Service (RaaS)
5.2.3.3 Growth Potential Across the Developing Nations
5.2.4 Challenges
5.2.4.1 Longer Time to Commercialize the Robots
5.3 Use Cases
5.3.1 Use Case 1: Amazon
5.3.2 Use Case 2: Ortelio
5.3.3 Use Case 3: Ericsson

6 Cloud Robotics Market, By Component
6.1 Introduction
6.2 Software
6.3 Services
6.3.1 Consulting Services
6.3.2 Implementation Services
6.3.3 Training and Support Services

7 Market By Service Model
7.1 Introduction
7.2 Infrastructure-As-A-Service
7.3 Platform-As-A-Service
7.4 Software-As-A-Service

8 Cloud Robotics Market, By Application
8.1 Introduction
8.2 Industrial Robots
8.3 Consumer Robots
8.4 Military Robots
8.5 Commercial Robots

9 Market By Deployment Model
9.1 Introduction
9.2 Public Cloud
9.3 Private Cloud
9.4 Hybrid Cloud

10 Cloud Robotics Market, By End-User
10.1 Introduction
10.2 Verticals
10.2.1 Manufacturing
10.2.2 Defense
10.2.3 Banking, Financial Services, and Insurance
10.2.4 Transportation and Logistics
10.2.5 Healthcare and Life Sciences
10.2.6 Retail
10.2.7 Others
10.3 Third-Party Users

11 Cloud Robotics Market, By Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Overview
12.2 Prominent Players Operating in the Cloud Robotics Market
12.3 Competitive Scenario
12.3.1 Partnerships, Agreements, and Collaborations
12.3.2 New Product/Service Launches
12.3.3 Business Expansions

13 Company Profiles
13.1 Introduction
13.2 Amazon Robotics
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.3 Google
13.4 Huawei
13.5 IBM
13.6 Microsoft
13.7 C2RO
13.8 Cloudminds
13.9 Hit Robot Group
13.10 V3 Smart Technologies
13.11 Rapyuta Robotics
13.12 Ortelio
13.13 Tend
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Other Key Developments
14.1.1 Partnerships, Collaborations, and Agreements
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables (71 Tables)
Table 1 United States Dollar Exchange Rate, 2014-2016
Table 2 Cloud Robotics Market Size, By Component, 2015-2022 (USD Million)
Table 3 Software: Market Size By Region, 2015-2022 (USD Million)
Table 4 Services: Market Size By Type, 2015-2022 (USD Million)
Table 5 Services: Market Size By Region, 2015-2022 (USD Million)
Table 6 Consulting Services Market Size, By Region, 2015-2022 (USD Million)
Table 7 Implementation Services Market Size, By Region, 2015-2022 (USD Million)
Table 8 Training and Support Services, By Region, 2015-2022 (USD Million)
Table 9 Cloud Robotics Market Size, By Service Model, 2015-2022 (USD Million)
Table 10 Infrastructure-As-A-Service: Market Size By Region, 2015-2022 (USD Million)
Table 11 Platform-As-A-Service: Market Size, By Region, 2015-2022 (USD Million)
Table 12 Software-As-A-Service: Market Size By Region, 2015-2022 (USD Million)
Table 13 Cloud Robotics Market Size, By Application, 2015-2022 (USD Million)
Table 14 Industrial Robots: Market Size, By Region, 2015-2022 (USD Million)
Table 15 Consumer Robots: Market Size By Region, 2015-2022 (USD Million)
Table 16 Military Robots: Market Size By Region, 2015-2022 (USD Million)
Table 17 Commercial Robots: Market Size By Region, 2015-2022 (USD Million)
Table 18 Cloud Robotics Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 19 Public Cloud: Market Size By Region, 2015-2022 (USD Million)
Table 20 Private Cloud: Market Size By Region, 2015-2022 (USD Million)
Table 21 Hybrid Cloud: Market Size By Region, 2015-2022 (USD Million)
Table 22 Cloud Robotics Market Size, By End-User, 2015-2022 (USD Million)
Table 23 Verticals: Market Size By Region, 2015-2022 (USD Million)
Table 24 Verticals: Market Size By Type, 2015-2022 (USD Million)
Table 25 Manufacturing Market Size, By Region, 2015-2022 (USD Million)
Table 26 Defense Market Size, By Region, 2015-2022 (USD Million)
Table 27 Banking, Financial Services, and Insurance Market Size, By Region, 2015-2022 (USD Million)
Table 28 Transportation and Logistics Market Size, By Region, 2015-2022 (USD Million)
Table 29 Healthcare and Life Sciences Market Size, By Region, 2015-2022 (USD Million)
Table 30 Retail Market Size, By Region, 2015-2022 (USD Million)
Table 31 Others Market Size, By Region, 2015-2022 (USD Million)
Table 32 Third-Party Users: Market Size By Region, 2015-2022 (USD Million)
Table 33 Cloud Robotics Market Size, By Region, 2015-2022 (USD Million)
Table 34 North America: Market Size By Component, 2015-2022 (USD Million)
Table 35 North America: Market Size By Service, 2015-2022 (USD Million)
Table 36 North America: Market Size By Service Model, 2015-2022 (USD Million)
Table 37 North America: Market Size By Application, 2015-2022 (USD Million)
Table 38 North America: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 39 North America: Market Size By End-User, 2015-2022 (USD Million)
Table 40 North America: Market Size By Vertical, 2015-2022 (USD Million)
Table 41 Europe: Cloud Robotics Market Size, By Component, 2015-2022 (USD Million)
Table 42 Europe: Market Size By Service, 2015-2022 (USD Million)
Table 43 Europe: Market Size By Service Model, 2015-2022 (USD Million)
Table 44 Europe: Market Size By Application, 2015-2022 (USD Million)
Table 45 Europe: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 46 Europe: Market Size By End-User, 2015-2022 (USD Million)
Table 47 Europe: Market Size By Vertical, 2015-2022 (USD Million)
Table 48 Asia Pacific: Cloud Robotics Market Size, By Component, 2015-2022 (USD Million)
Table 49 Asia Pacific: Market Size By Service, 2015-2022 (USD Million)
Table 50 Asia Pacific: Market Size By Service Model, 2015-2022 (USD Million)
Table 51 Asia Pacific: Market Size By Application, 2015-2022 (USD Million)
Table 52 Asia Pacific: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 53 Asia Pacific: Market Size By End-User, 2015-2022 (USD Million)
Table 54 Asia Pacific: Market Size By Vertical, 2015-2022 (USD Million)
Table 55 Middle East and Africa: Cloud Robotics Market Size, By Component, 2015-2022 (USD Million)
Table 56 Middle East and Africa: Market Size By Service, 2015-2022 (USD Million)
Table 57 Middle East and Africa: Market Size By Service Model, 2015-2022 (USD Million)
Table 58 Middle East and Africa: Market Size By Application, 2015-2022 (USD Million)
Table 59 Middle East and Africa: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 60 Middle East and Africa: Market Size By End-User, 2015-2022 (USD Million)
Table 61 Middle East and Africa: Market Size By Vertical, 2015-2022 (USD Million)
Table 62 Latin America: Cloud Robotics Market Size, By Component, 2015-2022 (USD Million)
Table 63 Latin America: Market Size By Service, 2015-2022 (USD Million)
Table 64 Latin America: Market Size By Service Model, 2015-2022 (USD Million)
Table 65 Latin America: Market Size By Application, 2015-2022 (USD Million)
Table 66 Latin America: Market Size By Deployment Model, 2015-2022 (USD Million)
Table 67 Latin America: Market Size By End-User, 2015-2022 (USD Million)
Table 68 Latin America: Market Size By Vertical, 2015-2022 (USD Million)
Table 69 Partnerships, Agreements, and Collaborations, 2017
Table 70 New Product/Service Launches, 2016-2017
Table 71 Business Expansions, 2016-2017

List of Figures (43 Figures)
Figure 1 Cloud Robotics Market Segmentation
Figure 2 Market Research Design
Figure 3 Primary Breakdown: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Cloud Robotics Market: Assumptions
Figure 8 Cloud Robotics Market, 2015-2022
Figure 9 Market By Component (2017 vs 2022)
Figure 10 Market By Service (2017 vs 2022)
Figure 11 Market By Service Model (2017 vs 2022)
Figure 12 Market By Application (2017 vs 2022)
Figure 13 Market By Deployment Model (2017 vs 2022)
Figure 14 Market By End-User (2017 vs 2022)
Figure 15 Market By Vertical (2017 vs 2022)
Figure 16 North America is Estimated to Have the Largest Market Share in 2017
Figure 17 Proliferation of Cloud-Related Technologies is Expected to Drive the Growth of the Cloud Robotics Market
Figure 18 Industrial Robots Application and North American Region are Estimated to Have the Largest Market Share in 2017
Figure 19 Asia Pacific is Expected to Emerge as the Best Market for Investment Over the Next 5 Years
Figure 20 Cloud Robotics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Services Component is Expected to Exhibit A Higher Growth Rate During the Forecast Period
Figure 22 Training and Support Services Segment is Expected to Exhibit the Highest CAGR During the Forecast Period
Figure 23 Software-As-A-Service Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Consumer Robots Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Hybrid Cloud Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Third-Party Users Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 BFSI Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 North America is Expected to Have the Largest Market Share During the Forecast Period
Figure 29 Asia Pacific is Expected to Exhibit the Highest Growth Rate During the Forecast Period
Figure 30 North America: Market Snapshot
Figure 31 Asia Pacific: Market Snapshot
Figure 32 Key Strategies Adopted By the Leading Players in the Cloud Robotics Market During 2015-2017
Figure 33 Market Evaluation Framework
Figure 34 Geographic Revenue Mix: Top 4 Market Players
Figure 35 Amazon Robotics: SWOT Analysis
Figure 36 Google: Company Snapshot
Figure 37 Google: SWOT Analysis
Figure 38 Huawei: Company Snapshot
Figure 39 Huawei: SWOT Analysis
Figure 40 IBM: Company Snapshot
Figure 41 IBM: SWOT Analysis
Figure 42 Microsoft: Company Snapshot
Figure 43 Microsoft: SWOT Analysis

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FEATURED COMPANIES

  • Amazon Robotics
  • Cloudminds
  • Google
  • Huawei
  • Microsoft
  • Rapyuta Robotics
  • MORE

The cloud robotics market to growfrom USD 2.20 Billion in 2017 to USD 7.51 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. The major factors driving the market growth are the proliferation of the cloud technology, broad spectrum use of wireless technologies,increase in the adoption of IoT,and advancements in AIand machine learning technologies.

The objective of the report is to define, describe, and forecast the cloud robotics market size on the basis of components (software and services), service models, applications, deployment models, end-users (verticals and third-party 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.

In the services segment, the training and support services segment is expected to grow at the fastest growth rate during the forecast period. These services are designed to provide a wide range of service offerings that help meet the specific needs of customers who require maximum benefits from their hardware and software. These services also assist the robot manufacturers and integrators in successfully implementing cloud robotics solutions.

In the deployment types segment, the public cloud deployment type is expected to carry the largest market share as compared to that of the private and hybrid cloud deployment types. Most of the cloud robotics developers prefer using the public cloud deployment model, because of its cost-effectiveness and benefits. The public cloud is highly scalable, flexible, and cost-efficient as compared to the private cloud. The public cloud services may be offered free of cost, or on a pay-per-use model, depending upon the requirements of the end-users. The cloud storage providers prefer the public cloud deployment model the most, due to the ease of access and faster deployment feature.

In the verticals segment, the manufacturing vertical is expected to have the largest market share in the cloud robotics market in 2017. The demand for robotic machines is continuously increasing among manufacturers, as they are looking for ways to improve their operational efficiencies as well as mitigate their costs. In the manufacturing industry, robotic arms are used for replacing manual labor. Manufacturers are taking benefits of robot simulations, which are increasing the efficiency of production processes, quality control, predictive maintenance, and product innovation. This also helps companies in reducing the production time as well as the costs associated with it.

North America is expected to have the largest share in the cloud robotics market during the forecast period. The reason being, the majority of vendors, such as IBM, Microsoft, Google, and Amazon Robotics, are based in North America. The region is also expected to account for the major market share and considered the most advanced region in terms of cloud, AI, and machine learning technologies. The region witnesses many R&D activities in the field of robotics for o bringing advancements to cloud computing, AI, robotics, and machine learning technologies. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, as the region is home to a creditable amount of manufacturing units, which are gradually embracing the adoption of advanced technologies, such as cloud robotics.

The proliferation of cloud technology, broad spectrum use of wireless technologies and smart devices, increase in adoption of IoT, and advancements in AI and machine learning technologies are expected to drive the growth of the cloud robotics market. However, data privacy and security concerns, and high initial costs and R&D expenses may hinder the market growth and act as a restraining factor that can hamper business-critical functions in the market.

The major vendors in the cloud robotics market are Amazon Robotics (US), Google (US), Huawei (China), IBM (US), Microsoft (US), C2RO (Canada), CloudMinds (US), Hit Robot Group (US), V3 Smart Technologies (Singapore), Rapyuta Robotics (Japan), Ortelio (UK), and Tend (US).

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  • Amazon Robotics
  • C2RO
  • Cloudminds
  • Ericsson
  • Google
  • Hit Robot Group
  • Huawei
  • IBM
  • Microsoft
  • Ortelio
  • Rapyuta Robotics
  • Tend
  • V3 Smart Technologies
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