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Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on-board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources.<br><br>
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Cloud Robotics Market TMR TMR Research Powering Your Research Powering Your Business : TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Business :
Cloud Robotics Market: Overview Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on- board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources. Cloud robotics in the past few years has disrupted the functioning of robots drastically. From the single-purpose robotics of that could vacuum floors or wash dishes to the much smarter, better, faster versions that have their own neural networks, ability to process data, process language, recognize, and so on – cloud computing has completely changed the face of robotics.
Cloud Robotics Market: Key Trends The demand for cloud robotics is primarily driven by the rising trend of automation across several industry verticals. The need to enhance the efficiency of industrial processes is leading to automation, which in turn is creating opportunities for deployment of cloud robotics. Cloud connected robots use electrical, mechanical, and software systems to deliver higher accuracy, precision, and speed, hence their installation is likely to increase in the future. Further, rapid advancements in artificial technology are likely to open growth opportunities for the global cloud robotics market in the upcoming years. Besides this, expansion of cloud computing and big data analytics will stoke growth of the cloud robotics market. Download PDF Brochure
Cloud Robotics Market: Regional Outlook The report classifies the global cloud robotics market in terms of geography into: North America, Europe, Asia Pacific, South America, and the Middle East and Africa. As per the report analysis, North America held supremacy in the market in 2015 vis-à-vis revenue; however, Asia Pacific will display the leading CAGR of 33.9% between 2016 and 2024. China and India will emerge as key domestic markets in Asia Pacific due to rising trend of adoption of advanced technology. Grab Discount
Cloud Robotics Market: Key Players Kuka Robotics, ABB Group, Fanuc Corporation, Cavalry Robotics, and Wolf Robotics are the handful of companies that hold command due to global presence in the cloud robotics market. This amounts to limited competition in this market. However, in the upcoming years, the entry of regional players will limit the expansion of market leaders due to customer loyalty issues. Click For TOC
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