Global Cloud Robotics Market to Reach $16.64 Billion by 2027 at a CAGR of 22.73% – QNT Press Release

DUBLIN, Sept. 21, 2022 /PRNewswire/ — The “Cloud Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to’s offering.

The global cloud robotics market size reached US$ 4.87 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 16.64 Billion by 2027, exhibiting a CAGR of 22.73% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Cloud robotics is a robotics field involving robots, automation systems, cloud computing, deep learning, big data, the internet of things (IoT), and other emerging technologies that focus on centralized infrastructure and shared services.

It allows robots to benefit from the storage and communications resources of modern data centers, share data and code, and perform computation. It also helps remove maintenance and updates overhead and reduce dependence on custom middleware. Nowadays, organizations worldwide are increasingly relying on cloud robotics as it enables a high level of human-robot interaction and learning and contributes to digital transformation.

Cloud Robotics Market Trends:

Cloud robotics allows robots to access vast amounts of processing and rapidly increasing …

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