FREMONT, CA: The cloud robotics market is likely to witness an increase in the revenue within 2016 to 2022; states Research and Markets in its report titled ‘Global Cloud Robotics Market Insights, Opportunity, Analysis, Market Shares and Forecast 2016 – 2022’.
Mobile technology has played the key role in connecting the cloud based system to the robots and controllers in a system with the help of cloud robotics as radio technologies provide high performance. The 4G and 5G radio systems will allow 5G cloud robotics, enabling the usage of robotics in new applications. This will enable cloud robotics easily adapt the constantly changing conditions. Cloud robotics supports system stability and information exchange, which helps to facilitate the building of sophisticated and affordable robotic systems, bringing an increased level of flexibility into automated systems, and enable automation everywhere. Cloud robotics provides a range of potential benefits for robots as it combines cloud computing, cloud storage, and internet technologies, allowing robots to share resources and data with each other. It has the capability of collaborating with other machines, smart objects and humans.
The cloud robotics market is segmented into technology and end users, which are further sub-segmented into cloud computing, cloud storage and internet technologies. The report again divides into manufacturer, automobile, health care, transportation, consumer services and others. The North America holds the largest market share of the cloud robotics due to the adoption of robotics technology majorly in the field of defence, security and healthcare sectors.
Rising internet and cloud infrastructure, rapid progress of wireless technology, rapid development of software frameworks and services for computational, storage, and communications infrastructure of modern data centres are the key influences behind the growth for the cloud robotics globally.
Every sector is partially responsible for the evolution of cloud robotics, as they use robots to carry out a wide variety of tasks, but some industries play a huge role in this. Satellite technology and computer chip have paced up new inventions leading to a rapid advancement in the field of wireless technology. ABB Group, Adept Technology, Boston Dynamics, Ekso Bionics, Fanuc Corporation, Google, IBM, iRobot, KUKA AG, Lockheed Martin, Mazor Robotics, PV-Kraftwerker, Recon Robotics, Seegrid, SpaceX are some of the major market players.