Robotics as a Service (RaaS) Global Market Report 2024

The robotics as a service (raas) market size has grown rapidly in recent years. It will grow from $19.77 billion in 2023 to $23.45 billion in 2024 at a compound annual growth rate (CAGR) of 18.6%. The growth observed in the historical period can be attributed to the adoption of industrial automation, reduction in labor costs, increasing demand for efficiency and productivity, growth in e-commerce and logistics, and rising awareness of robotics applications.

The robotics as a service (raas) market size is expected to see rapid growth in the next few years. It will grow to $46.51 billion in 2028 at a compound annual growth rate (CAGR) of 18.7%. The anticipated growth in the forecast period can be attributed to the expansion of Industry 4.0, the rising need for flexible and scalable automation solutions, growth in the healthcare sector, the adoption of robotics in agriculture, and the increasing demand for collaborative robots (cobots). Major trends expected in the forecast period include technological advancements and innovations, the development of robot-as-a-service business models, the integration of artificial intelligence in robotics, increased use of robotics in customer service, and a focus on human-robot collaboration.

The robotics-as-a-service (RaaS) market is poised for growth, driven by the increasing demand for automation. Automation, involving the use of technology and machinery to perform tasks with minimal human intervention, is a pivotal component of RaaS operations across diverse industries. RaaS providers leverage automation to deliver cost-effective, scalable, and advanced robotic solutions tailored to meet specific client needs. Notably, in February 2022, the International Federation of Robotics reported that 23,000 industrial robots were operational in UK factories in 2021, underscoring the escalating demand for automation and its positive impact on the RaaS market.

A significant catalyst for the expansion of the RaaS market is the surging demand in the hospitality industry. Embraced by this sector, RaaS facilitates efficient and contact-minimized services, such as navigating hotel corridors for order deliveries to guest rooms and conducting routine inspections and minor repairs. The hospitality industry's growing prominence is evident, with the National Restaurant Association revealing $997 billion in industry sales and 15.5 million in industry employment in 2023. Consequently, the increasing demand for RaaS solutions in the hospitality sector propels the overall growth of the robotics-as-a-service market.

Technological innovations stand out as a prominent trend shaping the RaaS market. Leading companies in this sector are adopting new technologies to maintain their market positions. For example, Panasonic Holdings Corporation introduced a mass-production model of its walk-training robot in April 2021. This robot is designed to offer safe and efficient walk training for older individuals hesitant to walk due to physical challenges. It serves as a valuable tool in care homes, hospitals, and other institutions, assisting with continuous walking training for the elderly.

Major players in the RaaS market are not only embracing technological innovations but also introducing next-generation solutions, such as agricultural robots. These robots, designed for the agriculture industry, provide a range of services, including harvesting, weed control, planting seeds, and environmental monitoring. Solinftec, a Brazil-based ag-tech company, launched Solix in May 2022. Solix is an autonomous crop monitoring robot equipped with AI technology, onboard cameras, and sensors to monitor plant health, detect insect damage, and assess changes in the field. Such advancements underscore the commitment of RaaS providers to delivering reliable and cutting-edge solutions.

In July 2021, ABB Ltd., a Switzerland-based technology company, acquired ASTI Mobile Robotics Group SA for $190 million. This acquisition expands ABB's product line to include Autonomous Mobile Robots (AMRs) and enhances its Robotics and Machine Automation solutions. ASTI Mobile Robotics Group SA, based in Spain, specializes in designing, developing, and implementing autonomous mobile robotics solutions.

Major companies operating in the robotics as a service (raas) market report are Zimmer Biomet Holdings Inc., Lely Industries N.V., Kongsberg Maritime AS, GreyOrange Pte Ltd., Locus Robotics Corp., 6 River Systems Inc., Avidbots Corporation, Sarcos Technology and Robotics Corporation, Mobile Industrial Robots A/S, Omron Adept Technology Inc., Seegrid Corporation, Soft Robotics Inc., DroneDeploy Inc., Nuro Inc., Kiwibot Inc., Northrop Grumman Corporation, Fetch Robotics Inc., inVia Robotics Inc., AutoX, Aethon Inc., Starship Technologies Inc., Cyberdyne Inc., Udelv, Cobalt Robotics Inc., CRG Automation, Memic Innovative Surgery Ltd., FANUC Corp., Intuitive Surgical Inc., Knightscope Inc., Relay Robotics Inc.


Asia-Pacific was the largest region in the robotics as a service (RaaS) market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the robotics as a service (raas) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the robotics as a service (raas) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The main types of Robotics as a Service (RaaS) are professional and personal. Professional service robots are semi-autonomous or fully autonomous robots with mobility that interact with people in various professional settings. These robots find applications in handling, assembling, dispensing, processing, welding and soldering, among others. They are utilized in sectors such as agriculture, inspection and maintenance, healthcare, search and rescue, hospitality, professional cleaning, gardening, transport and logistics, and others.

The robotics as a service (RaaS) market research report is one of a series of new reports that provides robotics as a service (RaaS) market statistics, including robotics as a service (RaaS) industry global market size, regional shares, competitors with a robotics as a service (RaaS) market share, detailed robotics as a service (RaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the robotics as a service (RaaS) industry. This robotics as a service (RaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The robotics as a service (RaaS) market consists of revenues earned by entities by providing services such as leasing robotic, cloud-based subscription services, customization, data analytics, and reporting. The market value includes the value of related goods sold by the service provider or included within the service offering. The robotics as a service (RaaS) market also includes sales of autonomous mobile robots (AMRs), industrial robots, and collaborative robots. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.