ICT & Electronics Global Cloud Robotics Market (2016-2024)- Research | Page 11

Apart from this, rising adoption of cloud robotics in education sector is likely to foster the growth of cloud robotics market. Cloud robotics has a wide range of applications including manufacturing, logistic, homes and others. Further, use of cloud robotics in manufacturing sector has resulted in increased production, reduction of human errors, improved quality. These advantages are anticipated to propel the involvement of cloud robotics in manufacturing sector. Additionally, cloud robotics is used in logistic sector. Expansion of logistic service across the globe is envisioned to bolster the growth of global cloud robotics market over the forecast period. However, high cost of cloud robotics and lack of user guidance are some major challenges which are restraining the growth of global cloud robotics market. Apart from this, slow adoption rate is also hampering the growth of global cloud robotics market. Key Players • V3 Smart Technology Pvt. Ltd. o Company Overview o Key Product Offerings o Business Strategy o SWOT Analysis Copyright © Research Nester www.researchnester.com