The North America Cloud Robotics Market would witness market growth of 24.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Robotics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $10,350.8 million by 2031. The Canada market is experiencing a CAGR of 26.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 25.9% during (2024 - 2031).
Cloud robotics refers to integrating cloud computing technologies with robotics, enabling robots to process data and perform tasks by leveraging cloud-based resources rather than relying solely on local computing power. This field transforms the robotics landscape by making robots smarter, more versatile, and cost-effective. The cloud robotics market is witnessing rapid growth, driven by advancements in cloud computing, the increasing demand for automation across industries, and the growing need for scalable and flexible solutions.
In addition, cloud robotics has a wide range of applications across various industries. Cloud robotics transforms manufacturing by improving production efficiency, quality control, and predictive maintenance. Robots powered by cloud technology can work in sync with other machines on the factory floor, collect and analyze data in real time, and adapt to changing conditions without human intervention. For example, robotic arms on production lines can be monitored and reprogrammed remotely through cloud interfaces, allowing manufacturers to optimize processes dynamically.
In Mexico, the rapid growth of e-commerce, with 63 million users in 2022, is fueling the need for logistics automation. Cloud robotics improves inventory management, order fulfillment, and autonomous delivery systems. The need for scalable and effective automation solutions will fuel the expansion of the cloud robotics market in Mexico as the e-commerce industry grows. In conclusion, the technological advancements in Canada’s aerospace sector and Mexico’s e-commerce industry, supported by government initiatives, are driving the adoption of cloud robotics.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
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.
North America Cloud Robotics Market Report Segmentation
By Component
By Robot Type
- Industrial Robots
- Service Robots
By Enterprise Size
By Service Model
By Vertical
- Manufacturing
- Logistics
- Healthcare
- Aerospace & Defense
- Media & Entertainment
- Other Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Robotics Market, by Component
1.4.2 North America Cloud Robotics Market, by Robot Type
1.4.3 North America Cloud Robotics Market, by Enterprise Size
1.4.4 North America Cloud Robotics Market, by Service Model
1.4.5 North America Cloud Robotics Market, by Vertical
1.4.6 North America Cloud Robotics Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. North America Cloud Robotics Market by Component
5.1 North America Software Market by Region
5.2 North America Service Market by Region
Chapter 6. North America Cloud Robotics Market by Robot Type
6.1 North America Industrial Robots Market by Region
6.2 North America Service Robots Market by Region
Chapter 7. North America Cloud Robotics Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America SMEs Market by Country
Chapter 8. North America Cloud Robotics Market by Service Model
8.1 North America SaaS Market by Country
8.2 North America PaaS Market by Country
8.3 North America IaaS Market by Country
Chapter 9. North America Cloud Robotics Market by Vertical
9.1 North America Manufacturing Market by Country
9.2 North America Logistics Market by Country
9.3 North America Healthcare Market by Country
9.4 North America Aerospace & Defense Market by Country
9.5 North America Media & Entertainment Market by Country
9.6 North America Other Vertical Market by Country
Chapter 10. North America Cloud Robotics Market by Country
10.1 US Cloud Robotics Market
10.1.1 US Cloud Robotics Market by Component
10.1.2 US Cloud Robotics Market by Robot Type
10.1.3 US Cloud Robotics Market by Enterprise Size
10.1.4 US Cloud Robotics Market by Service Model
10.1.5 US Cloud Robotics Market by Vertical
10.2 Canada Cloud Robotics Market
10.2.1 Canada Cloud Robotics Market by Component
10.2.2 Canada Cloud Robotics Market by Robot Type
10.2.3 Canada Cloud Robotics Market by Enterprise Size
10.2.4 Canada Cloud Robotics Market by Service Model
10.2.5 Canada Cloud Robotics Market by Vertical
10.3 Mexico Cloud Robotics Market
10.3.1 Mexico Cloud Robotics Market by Component
10.3.2 Mexico Cloud Robotics Market by Robot Type
10.3.3 Mexico Cloud Robotics Market by Enterprise Size
10.3.4 Mexico Cloud Robotics Market by Service Model
10.3.5 Mexico Cloud Robotics Market by Vertical
10.4 Rest of North America Cloud Robotics Market
10.4.1 Rest of North America Cloud Robotics Market by Component
10.4.2 Rest of North America Cloud Robotics Market by Robot Type
10.4.3 Rest of North America Cloud Robotics Market by Enterprise Size
10.4.4 Rest of North America Cloud Robotics Market by Service Model
10.4.5 Rest of North America Cloud Robotics Market by Vertical
Chapter 11. Company Profiles
11.1 Kuka AG (Midea Group Co., Ltd.)
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Product Launches and Product Expansions:
11.1.6 SWOT Analysis
11.2 Hyundai Motor Company
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 SoftBank Robotics Group (SoftBank Group Corporation)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Recent strategies and developments:
11.3.3.1 Partnerships, Collaborations, and Agreements:
11.3.3.2 Product Launches and Product Expansions:
11.3.4 SWOT Analysis
11.4 ABB Group
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental Analysis
11.5.4 Recent strategies and developments:
11.5.4.1 Partnerships, Collaborations, and Agreements:
11.5.4.2 Product Launches and Product Expansions:
11.5.5 SWOT Analysis
11.6 Microsoft Corporation
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.6 SWOT Analysis
11.7 Siemens AG
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.7.6 SWOT Analysis
11.8 CloudMinds Technology Inc.
11.8.1 Company Overview
11.9 IBM Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Regional & Segmental Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Partnerships, Collaborations, and Agreements:
11.9.5.2 Acquisition and Mergers:
11.9.6 SWOT Analysis
11.10. Rockwell Automation, Inc.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.6 SWOT Analysis
TABLE 1 North America Cloud Robotics Market, 2020 - 2023, USD Million
TABLE 2 North America Cloud Robotics Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Robotics Market
TABLE 4 Product Launches And Product Expansions– Cloud Robotics Market
TABLE 5 Acquisition and Mergers– Cloud Robotics Market
TABLE 6 North America Cloud Robotics Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Cloud Robotics Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Software Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Software Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Service Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Service Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Cloud Robotics Market by Robot Type, 2020 - 2023, USD Million
TABLE 13 North America Cloud Robotics Market by Robot Type, 2024 - 2031, USD Million
TABLE 14 North America Industrial Robots Market by Region, 2020 - 2023, USD Million
TABLE 15 North America Industrial Robots Market by Region, 2024 - 2031, USD Million
TABLE 16 North America Service Robots Market by Region, 2020 - 2023, USD Million
TABLE 17 North America Service Robots Market by Region, 2024 - 2031, USD Million
TABLE 18 North America Cloud Robotics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 19 North America Cloud Robotics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 20 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 22 North America SMEs Market by Country, 2020 - 2023, USD Million
TABLE 23 North America SMEs Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Cloud Robotics Market by Service Model, 2020 - 2023, USD Million
TABLE 25 North America Cloud Robotics Market by Service Model, 2024 - 2031, USD Million
TABLE 26 North America SaaS Market by Country, 2020 - 2023, USD Million
TABLE 27 North America SaaS Market by Country, 2024 - 2031, USD Million
TABLE 28 North America PaaS Market by Country, 2020 - 2023, USD Million
TABLE 29 North America PaaS Market by Country, 2024 - 2031, USD Million
TABLE 30 North America IaaS Market by Country, 2020 - 2023, USD Million
TABLE 31 North America IaaS Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Cloud Robotics Market by Vertical, 2020 - 2023, USD Million
TABLE 33 North America Cloud Robotics Market by Vertical, 2024 - 2031, USD Million
TABLE 34 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Logistics Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Logistics Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Cloud Robotics Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Cloud Robotics Market by Country, 2024 - 2031, USD Million
TABLE 48 US Cloud Robotics Market, 2020 - 2023, USD Million
TABLE 49 US Cloud Robotics Market, 2024 - 2031, USD Million
TABLE 50 US Cloud Robotics Market by Component, 2020 - 2023, USD Million
TABLE 51 US Cloud Robotics Market by Component, 2024 - 2031, USD Million
TABLE 52 US Cloud Robotics Market by Robot Type, 2020 - 2023, USD Million
TABLE 53 US Cloud Robotics Market by Robot Type, 2024 - 2031, USD Million
TABLE 54 US Cloud Robotics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 55 US Cloud Robotics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 56 US Cloud Robotics Market by Service Model, 2020 - 2023, USD Million
TABLE 57 US Cloud Robotics Market by Service Model, 2024 - 2031, USD Million
TABLE 58 US Cloud Robotics Market by Vertical, 2020 - 2023, USD Million
TABLE 59 US Cloud Robotics Market by Vertical, 2024 - 2031, USD Million
TABLE 60 Canada Cloud Robotics Market, 2020 - 2023, USD Million
TABLE 61 Canada Cloud Robotics Market, 2024 - 2031, USD Million
TABLE 62 Canada Cloud Robotics Market by Component, 2020 - 2023, USD Million
TABLE 63 Canada Cloud Robotics Market by Component, 2024 - 2031, USD Million
TABLE 64 Canada Cloud Robotics Market by Robot Type, 2020 - 2023, USD Million
TABLE 65 Canada Cloud Robotics Market by Robot Type, 2024 - 2031, USD Million
TABLE 66 Canada Cloud Robotics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 67 Canada Cloud Robotics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 68 Canada Cloud Robotics Market by Service Model, 2020 - 2023, USD Million
TABLE 69 Canada Cloud Robotics Market by Service Model, 2024 - 2031, USD Million
TABLE 70 Canada Cloud Robotics Market by Vertical, 2020 - 2023, USD Million
TABLE 71 Canada Cloud Robotics Market by Vertical, 2024 - 2031, USD Million
TABLE 72 Mexico Cloud Robotics Market, 2020 - 2023, USD Million
TABLE 73 Mexico Cloud Robotics Market, 2024 - 2031, USD Million
TABLE 74 Mexico Cloud Robotics Market by Component, 2020 - 2023, USD Million
TABLE 75 Mexico Cloud Robotics Market by Component, 2024 - 2031, USD Million
TABLE 76 Mexico Cloud Robotics Market by Robot Type, 2020 - 2023, USD Million
TABLE 77 Mexico Cloud Robotics Market by Robot Type, 2024 - 2031, USD Million
TABLE 78 Mexico Cloud Robotics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 79 Mexico Cloud Robotics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 80 Mexico Cloud Robotics Market by Service Model, 2020 - 2023, USD Million
TABLE 81 Mexico Cloud Robotics Market by Service Model, 2024 - 2031, USD Million
TABLE 82 Mexico Cloud Robotics Market by Vertical, 2020 - 2023, USD Million
TABLE 83 Mexico Cloud Robotics Market by Vertical, 2024 - 2031, USD Million
TABLE 84 Rest of North America Cloud Robotics Market, 2020 - 2023, USD Million
TABLE 85 Rest of North America Cloud Robotics Market, 2024 - 2031, USD Million
TABLE 86 Rest of North America Cloud Robotics Market by Component, 2020 - 2023, USD Million
TABLE 87 Rest of North America Cloud Robotics Market by Component, 2024 - 2031, USD Million
TABLE 88 Rest of North America Cloud Robotics Market by Robot Type, 2020 - 2023, USD Million
TABLE 89 Rest of North America Cloud Robotics Market by Robot Type, 2024 - 2031, USD Million
TABLE 90 Rest of North America Cloud Robotics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 91 Rest of North America Cloud Robotics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 92 Rest of North America Cloud Robotics Market by Service Model, 2020 - 2023, USD Million
TABLE 93 Rest of North America Cloud Robotics Market by Service Model, 2024 - 2031, USD Million
TABLE 94 Rest of North America Cloud Robotics Market by Vertical, 2020 - 2023, USD Million
TABLE 95 Rest of North America Cloud Robotics Market by Vertical, 2024 - 2031, USD Million
TABLE 96 Key Information – Kuka AG
TABLE 97 key Information – Hyundai Motor Company
TABLE 98 Key Information – SoftBank Robotics Group Corp.
TABLE 99 Key Information – ABB Group
TABLE 100 Key Information – Amazon Web Services, Inc.
TABLE 101 Key Information – Microsoft Corporation
TABLE 102 Key Information – Siemens AG
TABLE 103 Key Information – CloudMinds Technology Inc.
TABLE 104 Key Information – IBM Corporation
TABLE 105 Key Information – Rockwell Automation, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cloud Robotics Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cloud Robotics Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Porter’s Five Forces Analysis – Cloud Robotics Market
FIG 8 North America Cloud Robotics Market share by Component, 2023
FIG 9 North America Cloud Robotics Market share by Component, 2031
FIG 10 North America Cloud Robotics Market by Component, 2020 - 2031, USD Million
FIG 11 North America Cloud Robotics Market share by Robot Type, 2023
FIG 12 North America Cloud Robotics Market share by Robot Type, 2031
FIG 13 North America Cloud Robotics Market by Robot Type, 2020 - 2031, USD Million
FIG 14 North America Cloud Robotics Market share by Enterprise Size, 2023
FIG 15 North America Cloud Robotics Market share by Enterprise Size, 2031
FIG 16 North America Cloud Robotics Market by Enterprise Size, 2020 - 2031, USD Million
FIG 17 North America Cloud Robotics Market share by Service Model, 2023
FIG 18 North America Cloud Robotics Market share by Service Model, 2031
FIG 19 North America Cloud Robotics Market by Service Model, 2020 - 2031, USD Million
FIG 20 North America Cloud Robotics Market share by Vertical, 2023
FIG 21 North America Cloud Robotics Market share by Vertical, 2031
FIG 22 North America Cloud Robotics Market by Vertical, 2020 - 2031, USD Million
FIG 23 North America Cloud Robotics Market share by Country, 2023
FIG 24 North America Cloud Robotics Market share by Country, 2031
FIG 25 North America Cloud Robotics Market by Country, 2020 - 2031, USD Million
FIG 26 Swot Analysis: Kuka AG
FIG 27 Swot Analysis: Hyundai Motor Company
FIG 28 Recent strategies and developments: SoftBank Robotics Group
FIG 29 SWOT Analysis: SoftBank Robotics Group
FIG 30 SWOT Analysis: ABB GROUP
FIG 31 Recent strategies and developments: Amazon Web Services, Inc
FIG 32 SWOT Analysis: Amazon Web Services, Inc.
FIG 33 SWOT Analysis: Microsoft Corporation
FIG 34 SWOT Analysis: Siemens AG
FIG 35 Recent strategies and developments: IBM Corporation
FIG 36 SWOT Analysis: IBM Corporation
FIG 37 SWOT Analysis: Rockwell Automation, Inc.