Internet of Robotic Things Market
Internet of Robotic Things Market Analysis by Real-time Streaming Analytics, Data Management, Security Solutions, Remote Monitoring Systems, and Network Bandwidth Management from 2023 to 2033
Analysis of Internet of Robotic Things Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Internet of Robotic Things Market Outlook (2023 to 2033)
According to the newly published study by Fact.MR, the global Internet of Robotic Things (IoRT) Market size was valued at US$ 34.51 billion in 2022. During the forecast period (2023 to 2033), the market is projected to expand swiftly at 26.8% CAGR and reach a value of US$ 470.5 billion by 2033-end.
Increasing adoption of IoT (Internet of Things) sensors in several industries, including automotive & manufacturing, aerospace & defense, and healthcare, is driving internet of robotic things market growth. In addition, the growing use of cloud computing along with the availability of various low-cost sensors is predicted to fuel demand for the internet of robotic things.
Prominent Market Growth Drivers
- Several regulatory bodies and governments are recognizing the benefits of IoRT. They are taking the required steps for the creation of regulatory frameworks to support the responsible and safe adoption of these services.
- Integration of machine learning and artificial intelligence (AI) algorithms into the internet of robotic systems enables robots to understand and adapt to changing environments to make them more capable and versatile.
The healthcare sector is projected to contribute to the rising demand for smart robots. These AI-powered robots assist doctors or healthcare providers in performing routine tasks and monitoring patient health.
- The market in China is predicted to advance at a CAGR of 25.9% CAGR and reach a value of US$ 38.21 billion by 2033-end.
- The North American market is forecasted to reach US$ 87 billion by 2033.
Collaborative robots are also addressed as cobots and are designed to work in collaborative environments alongside humans. They are equipped with some safety features and advanced sensors that assist them in working efficiently and safely.
The trend of smart manufacturing is transforming industries. Application of smart technologies, including artificial intelligence (AI), IoT, and robotics, to design highly flexible and automated production systems is forecasted to contribute to growth opportunities.
| Report Attributes | Details |
|---|---|
| Internet of Robotic Things Market Size (2022A) | US$ 34.51 Billion |
| Estimated Market Value (2023E) | US$ 43.76 Billion |
| Forecasted Market Value (2033F) | US$ 470.5 Billion |
| Global Market Growth Rate (2023 to 2033) | 26.8% CAGR |
| United States Market Value (2022) | US$ 10.81 Billion |
| IoRT for Professional Services (2033) | US$ 150.7 Billion |
| Japan Market Growth Rate (2023 to 2033) | 23.9% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 18.7% CAGR |
| Key Companies Profiled | ABB Ltd.; Amazon.com, Inc.; Aethon, Inc.; Cisco Systems, Inc.; FANUC Corporation; ECA Group; Gecko Systems Intl. Corporation; Honda Motor Co., Ltd.; Google LLC; Intel Corporation; iRobot Corporation; Northrop Grumman Corporation; KUKA AG; Robert Bosch GmbH; Omron Adept Technologies, Inc.; Samsung Electronics Co., Ltd.; Yaskawa Electric Corporation. |
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Which Aspects are Projected to Generate Market Opportunities for IoRT Providers?
“Market Benefitting from Availability of High-speed Network Connectivity”
Seamless web connectivity and high-speed data connectivity are some of the prominent drivers boosting demand for IoRT. In addition, high-speed data connectivity (5G network), especially in developing economies, is predicted to boost the adoption of smart robots. Demand for quick returns on investment in diverse sectors such as healthcare and automotive has led to the surge in demand for high-speed robotics.
“Growing Need for Increased Efficiency and Productivity in Industrial Processes”
The need for increased efficiency, precision, and productivity in industrial processes is projected to serve as one of the noticeable drivers for the adoption of the IoRT. Industrial robots are equipped with IoT capabilities to optimize production lines, enhance automation, and monitor equipment health.
What Challenges are Predicted to Inhibit Demand for IoRT?
“High Cost of IoRT Implementation”
Robotic automation is sometimes challenging, especially for organizations with no or limited experience. Replacement of human workers with robots may not always reduce the operation costs for organizations. Multiple expenditures, including the costs of industrial robots and their integration, can make automation a costly affair.
“Lack of Skilled Personnel Impeding Market Expansion”
A lack of skilled labor force along with limited technological knowledge in underdeveloped and developing economies is estimated to limit market expansion opportunities. Ignorance of consumers about the IoRT technology and associated challenges can slow down the market growth rate.
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What Strategies are Helping Start-ups Generate Significant Revenue?
“Investments in AI and IoT to Enhance Production Capabilities”
Smart and innovative technologies are used extensively in industrial production. Repetitive tasks can be completed easily with the aid of multiple improved automation systems. Production of high-quality goods is possible with the assistance of advanced robotics while at the same time maintaining the value of current workers. Therefore, it is estimated that start-ups need to invest in cutting-edge technologies, IoT, AI (artificial intelligence), machine learning, etc., to increase production capacities.
Country-wise Insights
North America is forecasted to continue its dominance because of the presence of several vendors and the rising deployment of smart robotics. Further, the increasing adoption of different types of connected devices in Asia Pacific to reduce unnecessary economic expenses is generating opportunities for players.
Why is the United States a Key Market for IoRT?
“Rising IoRT Implementation for Predictive Maintenance and Cost Reduction”
Demand for IoRT solutions in the United States reached US$ 10.81 billion in 2022. Moreover, the U.S. internet of robotic things market is projected to advance at a CAGR of 24.4% and reach US$ 60 billion by 2033.
Presence of a large number of prominent manufacturing units in the United States is predicted to contribute an 11.1% share to the country’s GDP. Implementation of IoRT enables predictive maintenance, reduces costs, and improves efficiency. Process customization, real-time data analysis, and remote monitoring of industrial systems are some other key features of these smart robots that are contributing to revenue streams.
What is the Stance of the United Kingdom Market on Internet of Things?
“Growing Emphasis on Enhancing Manufacturing Efficiency”
The United Kingdom market is forecasted to expand at a 24.8% CAGR and reach a value of US$ 10.11 billion by 2033-end. Demand for IoRT solutions is forecasted to increase as manufacturers in the country are seeking to enhance efficiency, reduce costs, and improve productivity. The increased use of robotics is attributed to their ability to offer remote monitoring as well as control of industrial systems, customization of processes, and real-time data analysis.
Why is Demand for IoRT Solutions Accelerating Significantly in China?
“Rising Adoption of Industrial Automation for Improved Productivity”
Sales of the IoRT solutions in China are projected to advance at a CAGR of 25.9% and reach US$ 38.21 billion by the end of 2033. Many companies worldwide are planning to set up their manufacturing units in the country. Companies are implementing automation to improve the efficiency and productivity of their respective plants. Therefore, the growing adoption of automation is forecasted to contribute to higher demand for IoRT solutions.
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Category-wise Insights
With efficient security features, worldwide demand for IoRT solutions for device management platforms accelerated at a CAGR of 29.1% through 2022. Further, sales of smart robots in the service sector advanced at a 28.6% CAGR through 2022 owing to their use to remotely control and monitor equipment.
Which IoRT Platform is Gaining Traction across the World?
“Device Management Platforms Ensuring Security and Interoperability of IoRT Systems”
Demand for IoRT solutions for device management is predicted to advance at a 25.5% CAGR through 2033, according to Fact.MR, a market research and competitive intelligence provider.
Deployment of IoRT systems and devices is expanding across various industries, including healthcare, logistics, and manufacturing, which is further predicted to increase the complexity of systems. Management and monitoring of multiple devices, ensuring their security and interoperability with similar systems can be a challenging task.
An efficient device management platform with centralized monitoring and control of IoRT devices helps simplify the management task. Access control, authentication, and encryption are some key features of device management platforms.
Which IoRT Application is Generating Significant Revenue Streams?
“Widespread Use of Robotic Devices in Service Sector for Repetitive Tasks”
Use of IoRT in the service sector is projected to increase at 25.5% CAGR through 2033. The service sector is marked by a significant number of repetitive tasks and manual labor, which can be time-consuming and susceptible to errors. Application of different IoRT devices, including autonomous vehicles, drones, and robots is helpful in task automation, improving overall efficiency, and reducing labor costs.
Among various other sectors, hospitality is one of the prominent sectors that use robots to complete several tasks, including room service, concierge services, and cleaning.
Market Competition
Providers of IoRT solutions are focusing on innovation, quality control of products, and efficient management of supply chain systems. Product launches, collaborations, partnerships, etc., are some key strategies that are adopted by players to expand their reach across geographies.
For instance :
- ABB Ltd., in January 2022, unveiled its compact four-axis IRB 460 robots with AI capabilities and high speed for industrial applications. It is particularly designed for applications involving material handling, palletizing, and depalletizing and comes with smart sensor technology.
- FedEx, in February 2019, announced the deployment of its robotic delivery system to help retailers in the distribution of orders on the very same day. Equipped with pedestrian-safe technology, it ensures the use of multiple cameras and LIDAT to detect surroundings.
Prominent players in the internet of robotic things market include ABB Ltd., Amazon.com, Inc., Aethon, Inc., Cisco Systems, Inc., FANUC Corporation, ECA Group, Gecko Systems Intl. Corporation, Honda Motor Co., Ltd., Google LLC, Intel Corporation, iRobot Corporation, Northrop Grumman Corporation, KUKA AG, Robert Bosch GmbH, Omron Adept Technologies, Inc., Samsung Electronics Co., Ltd., and Yaskawa Electric Corporation.
Segmentation of Internet of Robotic Things Market Research
-
By Service :
- Professional
- Managed
-
By Component :
- Sensors
- Power Sources
- Actuators
- Control Systems
-
By Software :
- Real-time Streaming Analytics
- Data Management
- Security Solutions
- Remote Monitoring Systems
- Network Bandwidth Management
-
By Platform :
- Device Management
- Application Management
- Network Management
-
By Application :
- Collaborative Industrial Robots
- Service Robots
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Market Context
- 6. Global Market - Pricing Analysis
- 7. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
- 8.1. Professional
- 8.2. Managed
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Component
- 9.1. Sensors
- 9.2. Power Sources
- 9.3. Actuators
- 9.4. Control Systems
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Software
- 10.1. Real-time Streaming Analytics
- 10.2. Data Management
- 10.3. Security Solutions
- 10.4. Remote Monitoring Systems
- 10.5. Network Bandwidth Management
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Platform
- 11.1. Device Management
- 11.2. Application Management
- 11.3. Network Management
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 12.1. Collaborative Industrial Robots
- 12.2. Service Robots
- 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia
- 13.6. Oceania
- 13.7. Middle East and Africa (MEA)
- 14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Rest of the World Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. ABB Ltd.
- 20.2. Amazon.com, Inc.
- 20.3. Aethon, Inc.
- 20.4. Cisco Systems, Inc.
- 20.5. FANUC Corporation
- 20.6. ECA Group
- 20.7. Gecko Systems Intl. Corporation
- 20.8. Honda Motor Co., Ltd.
- 20.9. Google LLC
- 20.10. Intel Corporation
- 20.11. iRobot Corporation
- 20.12. Northrop Grumman Corporation
- 20.13. KUKA AG
- 20.14. Robert Bosch GmbH
- 20.15. Omron Adept Technologies, Inc.
- 20.16. Samsung Electronics Co., Ltd.
- 20.17. Yaskawa Electric Corporation
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
Table 02: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
Table 03: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Software
Table 04: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform
Table 05: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
Table 06: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform Age Group
Table 07: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
Table 08: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
Table 10: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Software
Table 11: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
Table 12: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform
Table 13: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
Table 14: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
Table 16: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Software
Table 17: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
Table 18: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform
Table 19: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
Table 20: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
Table 22: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Software
Table 23: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
Table 24: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform
Table 25: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
Table 26: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Service
Table 27: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Software
Table 28: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
Table 29: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Platform
Table 30: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033
Figure 02: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 03: Global Market Share Analysis (%), By Service, 2023 & 2033
Figure 04: Global Market Y-o-Y Analysis (%), By Service, 2023 to 2033
Figure 05: Global Market Attractiveness Analysis By Service, 2023 to 2033
Figure 06: Global Market Share Analysis (%), By Component, 2023 & 2033
Figure 07: Global Market Y-o-Y Analysis (%), By Component, 2023 to 2033
Figure 08: Global Market Attractiveness Analysis By Component, 2023 to 2033
Figure 09: Global Market Share Analysis (%), By Software, 2023 & 2033
Figure 10: Global Market Y-o-Y Analysis (%), By Software, 2023 to 2033
Figure 11: Global Market Attractiveness Analysis By Software, 2023 to 2033
Figure 12: Global Market Share Analysis (%), By Platform, 2023 & 2033
Figure 13: Global Market Y-o-Y Analysis (%), By Platform, 2023 to 2033
Figure 14: Global Market Attractiveness Analysis By Platform, 2023 to 2033
Figure 15: Global Market Share Analysis (%), By Application, 2023 & 2033
Figure 16: Global Market Y-o-Y Analysis (%), By Application , 2023 to 2033
Figure 17: Global Market Attractiveness Analysis, By Application, 2023 to 2033
Figure 18: Global Market Share Analysis (%), By Platform Age Group, 2023 & 2033
Figure 19: Global Market Y-o-Y Analysis (%), By Platform Age Group, 2023 to 2033
Figure 20: Global Market Attractiveness Analysis By Platform Age Group, 2023 to 2033
Figure 21: Global Market Share Analysis (%), By Region, 2023 & 2033
Figure 22: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 23: Global Market Attractiveness Analysis, By Region, 2023 to 2033
Figure 24: North America Market Value Share, By Service, 2023 (E)
Figure 25: North America Market Value Share, By Softwares 2023 (E)
Figure 26: North America Market Value Share, By Component, 2023 (E)
Figure 27: North America Market Value Share, By Platform, 2023 (E)
Figure 28: North America Market Value Share, By Application, 2023 (E)
Figure 29: North America Market Value Share, By Country, 2023 (E)
Figure 30: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033
Figure 31: North America Market Attractiveness Analysis By Service, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis By Software, 2023 to 2033
Figure 33: North America Market Attractiveness Analysis By Component, 2023 to 2033
Figure 34: North America Market Attractiveness Analysis By Platform, 2023 to 2033
Figure 35: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 36: North America Market Attractiveness Analysis By Country, 2023 to 2033
Figure 37: Europe Market Value Share, By Service, 2023 (E)
Figure 38: Europe Market Value Share, By Softwares 2023 (E)
Figure 39: Europe Market Value Share, By Component, 2023 (E)
Figure 40: Europe Market Value Share, By Platform, 2023 (E)
Figure 41: Europe Market Value Share, By Application, 2023 (E)
Figure 42: Europe Market Value Share, By Country, 2023 (E)
Figure 43: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033
Figure 44: Europe Market Attractiveness Analysis By Service, 2023 to 2033
Figure 45: Europe Market Attractiveness Analysis By Software, 2023 to 2033
Figure 46: Europe Market Attractiveness Analysis By Component, 2023 to 2033
Figure 47: Europe Market Attractiveness Analysis By Platform, 2023 to 2033
Figure 48: Europe Market Attractiveness Analysis By Component, 2023 to 2033
Figure 49: Europe Market Attractiveness Analysis By Country, 2023 to 2033
Figure 50: Middle East and Africa Market Value Share, By Service, 2023 (E)
Figure 51: Middle East and Africa Market Value Share, By Software, 2023 (E)
Figure 52: Middle East and Africa Market Value Share, By Component, 2023 (E)
Figure 53: Middle East and Africa Market Value Share, By Platform, 2023 (E)
Figure 54: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 55: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033
Figure 57: Middle East and Africa Market Attractiveness Analysis By Service, 2023 to 2033
Figure 58: Middle East and Africa Market Attractiveness Analysis By Software, 2023 to 2033
Figure 59: Middle East and Africa Market Attractiveness Analysis By Component, 2023 to 2033
Figure 60: Middle East and Africa Market Attractiveness Analysis By Platform, 2023 to 2033
Figure 61: Middle East and Africa Market Attractiveness Analysis By Application, 2023 to 2033
Figure 62: Middle East and Africa Market Attractiveness Analysis By Country, 2023 to 2033
Figure 63: Rest of the World Market Value Share, By Service, 2023 (E)
Figure 64: Rest of the World Market Value Share, By Softwares 2023 (E)
Figure 65: Rest of the World Market Value Share, By Component, 2023 (E)
Figure 66: Rest of the World Market Value Share, By Platform, 2023 (E)
Figure 67: Rest of the World Market Value Share, By Application, 2023 (E)
Figure 68: Rest of the World Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033
Figure 69: Rest of the World Market Attractiveness Analysis By Service, 2023 to 2033
Figure 70: Rest of the World Market Attractiveness Analysis By Software, 2023 to 2033
Figure 71: Rest of the World Market Attractiveness Analysis By Component, 2023 to 2033
Figure 72: Rest of the World Market Attractiveness Analysis By Platform, 2023 to 2033
Figure 73: Rest of the World Market Attractiveness Analysis By Application, 2023 to 2033
Figure 74: United States Market Value Share, By Service, 2023 & 2033
Figure 75: United States Market Value Share, By Software, 2023 & 2033
Figure 76: United States Market Value Share, By Component, 2020 &2030
Figure 77: United States Market Value Share, By Platform Age Group, 2023 & 2033
Figure 78: United States Market Value Share, By Application, 2023 & 2033
Figure 79: United States Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Canada Market Value Share, By Service, 2023 & 2033
Figure 81: Canada Market Value Share, By Software, 2023 & 2033
Figure 82: Canada Market Value Share, By Component, 2023 & 2033
Figure 83: Canada Market Value Share, By Platform Age Group, 2023 & 2033
Figure 84: Canada Market Value Share, By Application, 2023 & 2033
Figure 85: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: United Kingdom Market Value Share, By Service, 2023 & 2033
Figure 87: United Kingdom Market Value Share, By Software, 2023 & 2033
Figure 88: United Kingdom Market Value Share, By Component, 2023 & 2033
Figure 89: United Kingdom Market Value Share, By Platform Age Group, 2023 & 2033
Figure 90: United Kingdom Market Value Share, By Application, 2023 & 2033
Figure 91: United Kingdom Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: Germany Market Value Share, By Service, 2023 & 2033
Figure 93: Germany Market Value Share, By Software, 2023 & 2033
Figure 94: Germany Market Value Share, By Component, 2023 & 2033
Figure 95: Germany Market Value Share, By Platform Age Group, 2023 & 2033
Figure 96: Germany Market Value Share, By Application, 2023 & 2033
Figure 97: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: France Market Value Share, By Service, 2023 & 2033
Figure 99: France Market Value Share, By Software, 2023 & 2033
Figure 100: France Market Value Share, By Component, 2023 & 2033
Figure 101: France. Market Value Share, By Platform Age Group, 2023 & 2033
Figure 102: France Market Value Share, By Application, 2023 & 2033
Figure 103: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: Italy Market Value Share, By Service, 2023 & 2033
Figure 105: Italy Market Value Share, By Software, 2023 & 2033
Figure 106: Italy Market Value Share, By Component, 2023 & 2033
Figure 107: Italy Market Value Share, By Platform Age Group, 2023 & 2033
Figure 108: Italy Market Value Share, By Application, 2023 & 2033
Figure 109: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: Spain Market Value Share, By Service, 2023 & 2033
Figure 111: Spain Market Value Share, By Software, 2023 & 2033
Figure 112: Spain Market Value Share, By Component, 2023 & 2033
Figure 113: Spain Market Value Share, By Platform Age Group, 2023 & 2033
Figure 114: Spain Market Value Share, By Application, 2023 & 2033
Figure 115: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: GCC Countries. Market Value Share, By Service, 2023 & 2033
Figure 117: GCC Countries Market Value Share, By Software, 2023 & 2033
Figure 118: GCC Countries Market Value Share, By Component, 2023 & 2033
Figure 119: GCC Countries Market Value Share, By Platform, 2023 & 2033
Figure 120: GCC Countries Market Value Share, By Application, 2023 & 2033
Figure 121: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: South Africa Market Value Share, By Service, 2023 & 2033
Figure 123: South Africa Market Value Share, By Software, 2023 & 2033
Figure 124: South Africa Market Value Share, By Component, 2023 & 2033
Figure 125: South Africa Market Value Share, By Platform Age Group, 2023 & 2033
Figure 126: South Africa Market Value Share, By Application, 2023 & 2033
Figure 127: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the value of the internet of robotic things market in 2022?
The global internet of robotic things market reached a size of US$ 34.51 billion in 2022.
What was the sales value of IoRT solutions in the United States in 2022?
Sales of IoRT solutions in the United States were pegged at US$ 10.81 billion in 2022.
How big is the internet of robotic things market in 2023?
The market for internet of robotic things is valued at US$ 43.76 billion in 2023.
At what rate is the demand for IoRT solutions forecasted to advance?
Global demand for IoRT solutions is projected to accelerate at 26.8% CAGR from 2023 to 2033.
What valuation is the internet of robotic things market estimated to reach by 2033?
The global market is predicted to reach US$ 470.5 billion by 2033-end.
At what rate is the market in Germany forecasted to advance?
The German market is predicted to expand at a CAGR of 18.7% through 2033.
What are the prospects for IoRT?
Continuous developments and advancements in robotics are expected to enhance the capabilities of robotics technology.
Internet of Robotic Things Market