Cloud Robotics Market Estimated to Record Highest CAGR by 2022

The report titled “Cloud Robotics Market” sheds a concentrated focus on the Cloud Robotics industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

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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 Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period.

Top Companies Profiled in the Cloud Robotics Market:

  • 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)
  • Tend (US)

“The training and support services are expected to grow at the highest 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.

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