The global cloud-based smart robotics market is anticipated to grow at a CAGR of 4.9% during the forecast period. The adoption of cloud-based robotic systems requires reliable and constant connectivity to operate within the target environment. The 5G-based wireless technology offers cloud-based smart robotics to work constantly and eliminates the requirement for complex wireline connections to provide communication systems. This requires the development of an innovative system architecture, which allows the robots to ‘talk’ to the cloud. Further, with lower latency and higher bandwidth than other forms of wireless connectivity, 5G is the optimal choice. For instances,
Browse the full report description of “Cloud-Based Smart Robotics Market Size, Share & Trends Analysis Report by Component (Software and Services), by Service Model (IaaS, PaaS, RaaS, and SaaS), by Application (Industrial Robot and Service Robot), and by End-Users (Automotive, Manufacturing, Healthcare, Military & Defense, Retail & E-Commerce, and Others) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/cloud-based-smart-robotics-market
• In June 2022, Samsung built the first private 5G commercial network for cloud-based autonomous robots. The Korean giant collaborated with NAVER Cloud to work on South Korea's first private 5G network. Samsung's network solution will support NAVER's private 5G commercial service to power cloud-based autonomous mobile robots. The new service would allow autonomous robots to travel throughout assisting with package delivery, coffee delivery, and lunch box delivery to staff.
• In June 2021, Verizon released two pieces of 5G-related news announcing a new 5G-powered open hybrid cloud platform and showcasing a pair of robots that use 5G to communicate. The cloud platform was created in partnership with IBM and Red Hat, with automated operations and service orchestration serving as the bedrock of its 5G core.
• In June 2020, Qualcomm Technologies, Inc., announced the Qualcomm Robotics RB5 platform – the Company’s most advanced, integrated, comprehensive offering designed specifically for robotics. The Qualcomm Robotics RB5 platform is comprised of an extensive set of hardware, software and development tools. The Qualcomm Robotics RB5 platform is the first of its kind to bring together the Company’s deep expertise in 5G and AI to empower developers and manufacturers to create the next generation of high-compute, low-power robots and drones for the consumer, enterprise, defense, industrial and professional service sectors.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Component
o By Service Model
o By Application
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including ABB Ltd., Amazon.com, Inc., Cloud minds Technology Inc., Google LLC, Hit Robot Group, Huawei Technologies Co., Ltd., IBM Corp., Invia Robotics Inc., Microsoft Corp., Rapyuta Robotics, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Cloud-Based Smart Robotics Market Report Segment
By Component
By Service Models
By Application
By End-Users
Global Cloud-Based Smart Robotics Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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