Asia Pacific Cloud Robotics Market

Asia Pacific Cloud Robotics Market Size, Share & Trends Analysis Report By Component (Software and Service), By Robot Type, By Enterprise Size, By Service Model (SaaS, PaaS, and IaaS), By Vertical, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-26033 Publication Date: December-2024 Number of Pages: 153
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Analysis of Market Size & Trends

The Asia Pacific Cloud Robotics Market would witness market growth of 26.1% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Cloud Robotics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,238.3 million by 2031. The Japan market is registering a CAGR of 25.3% during (2024 - 2031). Additionally, The India market would witness a CAGR of 26.9% during (2024 - 2031).

Asia Pacific Cloud Robotics Market

The adoption of cloud robotics is rapidly increasing across various sectors due to several factors. One of the most significant factors driving the adoption of cloud robotics is the cost-effectiveness of cloud solutions. Traditional robotics systems require expensive hardware with high computational power. However, with cloud computing, much of the processing is offloaded to powerful remote servers, reducing the need for expensive onboard computing resources. This makes robots more affordable for small and medium-sized businesses and helps democratize access to advanced robotics technologies.

Cloud robotics offers unparalleled scalability. As businesses grow, they can easily scale their robotic systems by leveraging cloud resources, adding more robots, or upgrading AI capabilities without overhauling their entire infrastructure. This makes cloud robotics particularly attractive to businesses that require flexibility and want to avoid large upfront investments in hardware.

The rapid expansion of China’s cloud industry is also impacting the cloud robotics market globally. As China’s cloud infrastructure services surged to $27.4 billion, the availability of advanced cloud computing resources is increasing, driving innovation in sectors such as manufacturing and logistics. Cloud Robotics relies heavily on cloud infrastructure to function efficiently, and expanding cloud services in China provides the backbone for more robust and scalable robotic systems. The growing cloud market enables businesses to access cutting-edge technologies, improving their capabilities to deploy and manage complex robotic systems. Therefore, the combined growth of the logistics sector in India and the expansion of the cloud industry in China are pivotal in driving the cloud robotics market.

Free Valuable Insights: The Global Cloud Robotics Market is Predict to reach USD 41.26 Billion by 2031, at a CAGR of 25.1%

Based on Component, the market is segmented into Software and Service. Based on Robot Type, the market is segmented into Industrial Robots and Service Robots. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Service Model, the market is segmented into SaaS, PaaS, and IaaS. Based on Vertical, the market is segmented into Manufacturing, Logistics, Healthcare, Aerospace & Defense, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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List of Key Companies Profiled

  • Kuka AG (Midea Group Co., Ltd.)
  • Hyundai Motor Company
  • SoftBank Robotics Group (SoftBank Group Corporation)
  • ABB Group
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Siemens AG
  • CloudMinds Technology Inc.
  • IBM Corporation
  • Rockwell Automation Inc.

Asia Pacific Cloud Robotics Market Report Segmentation

By Component

  • Software
  • Service

By Robot Type

  • Industrial Robots
  • Service Robots

By Enterprise Size

  • Large Enterprises
  • SMEs

By Service Model

  • SaaS
  • PaaS
  • IaaS

By Vertical

  • Manufacturing
  • Logistics
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment
  • Other Vertical

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
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