Internet of Robotics Things Market Trends, Manufacturers and Forecasts for 2022

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Internet of Robotic Things Market

• Internet of Robotic Things Market by Component,
  Service, Platform, Software, Application - Global
  Forecast to 2022

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Introduction

• The Internet of Robotic Things (IoRT) market is
  expected to be valued at USD 21.44 billion by
  2022, growing at a CAGR of 29.7 between 2016 and
  2022.
• The growth of this market is majorly driven by
  the adoption of IoRT by e-commerce industry,
  increasing application areas owing to integration
  of robots with various technologies, short
  payback period and ROI.
• The years considered for the study are as
  follows
• Historic Year 2014
• Base Year 2015
• Estimated Year 2016
• Projected Year 2022
• Forecast Period 2016 to 2022

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Report Objectives

• To define, describe, and forecast the global
  Internet of Robotic Things (IoRT) market based on
  component, software, platform, services,
  application, and region
• To forecast the market size, in terms of value,
  for various segments with respect to five
  regions, namely, North America (NA), Europe,
  Asia-Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding major
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  challenges)
• To strategically analyze micro-markets with
  respect to individual growth trends, future
  prospects, and contributions to the total market
• To analyze opportunities in the market for
  stakeholders by identifying the high-growth
  segments of internet of robotic things, and
  provide details of the competitive landscape for
  market leaders
• To analyze the competitive environment prevailing
  in the global Internet of Robotic Things market
  through Porters five forces analytical framework
• To strategically profile key players and
  comprehensively analyze their product portfolios,
  market share, and core competencies
• To analyze strategic developments such as new
  product launches, acquisitions, expansions, and
  agreements in the global internet of robotic
  things market

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Services market expected to grow at the highest
rate during the forecast period

• The main difference between traditional robots
  and Internet of Robotic Things is that these new
  generation robots are smart and connected.
• Connectivity between robots and data management
  systems or other robots or to cloud is provided
  by different service providers.
• Service is expected to grow at the highest rate
  as it includes the full support for deployment
  and integration, support and maintenance and
  consulting services which is essential for
  erecting and running the plant.
• Software is a crucial part of this technology to
  be integrated with the robots to support the
  programming for hardware and performing other
  connectivity operations.

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Key questions addressed by report

• Where will all these developments take the
  industry in the mid to long term?
• Which application will hold the major market
  potential in internet of robotic things
  ecosystem?
• Which will be the major market expansion strategy
  adopted by the players in the studied market?
• The Internet of Robotic Things market witness
  concern of high cost of RD and long process of
  product development, when will these scenarios
  ease out?
• How are the industry players addressing this
  challenge?

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  above findings, click Speak to Analyst
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