the Global Internet of Robotic Things Market is accounted for $3.35 billion in 2015 and expected to grow at a CAGR of 30.4% to reach $21.49 billion by 2022. Factors such as increasing e-commerce platform, integration of robots with varied technologies and high speed data & web connectivity will significantly invigorate the market growth.
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However, lack of knowledge on Internet of robotics technology, expensive research and development projects and maintaining a common protocol are the factors hindering the market growth.
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Device management platform segment commanded the platform market due to growing surge for access and control.
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Security solutions segment will grow at the highest CAGR during the forecast period in order to overcome security challenges, threats and gateways. North America is expected to be largest market due to proliferation of smart robotics application.
However, Asia Pacific will grow during the forecast period due to insistence for connected robotics in e-commerce sector.
Some of the key players in global Internet of Robotic Things market are ABB Ltd, Kuka AG, Irobot Corporation, FANUC Corporation, Amazon.Com, Inc., Google, Inc, Cisco Systems, Inc., Intel Corporation, Honda Motors Co., Ltd, Yaskawa Electric Corporation, Northrop Grumman Corporation, Aethon Inc., Blufin Robotics Corporation, Omron Adept Technologies, Inc., Geckosytems International Corporation, ECA Group, Robert Bosch GmbH, Samsung Electronics Co., Ltd, Rockwell Automation and Lockheed Martin.
– Data Management
– Network Bandwidth Management
– Remote Monitoring Systems
– Real-Time Streaming Analytics
– Security Solutions
– Application Management Platform
– Device Management Platform
– Network Management Platform
Collaborative Industrial Robots
Food & Beverages
Rest of Europe
Rest of Asia Pacific
Rest of the World
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