ICT & Electronics Global Cloud Robotics Market (2016-2024)- Research | Page 6

Global Cloud Robotics Market Overview
Global Cloud Robotics Market by Connectivity (Bluetooth, Wi-Fi, 3G,
4G, 5G, RF, Infrared) by Development (Hybrid, Private, Public) by
Application (Aerospace, Manufacturing, Education, Logistic, Home,
Construction) and Region - Global Forecast to 2024
Cloud robotics is modern robotics which is used in cloud computing and
cloud storage. Cloud robotics makes robots to do many intensive tasks
such as image processing, scanning and voice recognition. Cloud
robotics allows robots to access the data and information such as
updated image library, maps, product data and others. Cloud robotics
enables the robots to learn some interesting skill such as speaking,
dancing, running and others. Apart from this, cloud robotics is very
valuable in handling big data, parallel grid computing, crowd sourcing
and other works.
Market Size & Forecast
Global cloud robotics market is anticipated to flourish at a compound
annual growth rate (CAGR) of 30.1% over the forecast period. Global
cloud robotics market is anticipated to reach at a valuation of about
USD 3100.1 Million by the end of 2024. Rising technological
advancement of robots and wide adoption of robotics in service sector
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