Internet of Robotic Things Market Size by Software, Services, Components, Platforms, Applications, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2029

30.9%
CAGR (2023-2029)
21.44 USD Bn.
Market Size
310
Report Pages
139
Market Tables

Overview

Internet of Robotic Things Market size is expected to reach 141.19 US$ Bn in year 2029, at a CAGR of 30.9 % during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by regionInternet of Robotic Things MarketTo know about the Research Methodology :- Request Free Sample Report

The rising investment on additional and advanced production capacities in the various industries or manufacturing units of automobiles in developing countries such as India, China, Brazil, etc. primarily drive the market for Internet of Robotic Things market. As the automobile production increases, the number of robot’s installation in automobile industry also increases. According to international federation of robotics (IFR), the automobile industry held around 42% share in total robot supply in all industries which was around 102,600 units of robots in automobile industries in 2017. Whereas, the increasing demand for automation of automobile production facilities is expected to boost the demand for Internet of Robotic Things market in the forecast period. The electronics industry is the second largest industry which are using internet of robotic things. The electronics industry held around 29% of total robot’s supply as per IFR. Hence, the increasing adoption of industrial robots across the application areas such as manufacturing units due to incorporation of robots with numerous technologies such as monitoring of events, etc. is driving the growth in the global internet of Global Internet of Robotic Things Market .

The key driving factors for the growth of internet of robotic things includes rising adoption of IoRT by e-commerce industry and increasing application areas owing to integration of robots with various technologies. Other factors including increasing demand for robots in the education sector, and healthcare sector also drive the market through the forecast period.

Next generation sensors are gaining traction in the global market. They are capable of handling superior efficiency in the IoT which assist the technology to work successfully and thus, they are gaining higher demand in the Global Internet of Robotic Things Market . Such increasing demand of next generation sensors in the global market is driving the growth for IoRT through the forecast period. Device management platform had the highest market share in 2017. The market demand is coupled with growing surge for access and control.

Maximize Market Research has undertaken extensive research about the current Global Internet of Robotic Things Market outlook with respect to its applications as well as the assuring future of the technology in this sector. Notably, the report delivers a deep insight on the drivers, opportunities and restraints that exist in the Global Internet of Robotic Things Market. Report also forecasts the future market opportunities that shall exist in this sector. Based on the analysis, report segments the market broadly -by Software -by Service –by Component -by Platforms -by Application -by Region.

North America accounts highest market share in 2017. The Global Internet of Robotic Things Market  is driven by the factors including rising concern for high quality of products, enhanced productivity and reduction in labor cost. According to robotic industry association, in 2016, North American business has ordered around 35,000 robots. The order of robots in North America experience 10% increase from 2015 which was around 31,500 robots in 2015. The rising concern for automation and requirement for high quality output is rising the demand for industrial robots in North American region. Hence, the increasing demand for industrial robots is contributing towards the growth of North America internet of robotic things market.

Asia Pacific is expected to grow at higher rate in the forecast period. The growth rate is driven by the rising adoption of industrial robots across industries such as automobile. According to international federation of robotics, In Asia Pacific only, around 175,760 robots were sold in 2017. The robot’s sales in Asia Pacific region has experienced the rise of 18% from 2016. Hence, the rise in adoption of robots in industries is contributing towards growth of Asia Pacific internet of Global Internet of Robotic Things Market .

The objective of the report is to present comprehensive Global Internet of Robotic Things Market  including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Internet of Robotic Things Market  North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Internet of Robotic Things Market  North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Internet of Robotic Things Market  North America for Asia Pacific make the report investor’s guide.

Internet of Robotic Things Market Scope : Inquire before buying

Internet of Robotic Things Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US $ 21.44 Bn.
Forecast Period 2023 to 2029 CAGR: 30.9% Market Size in 2029: US $ 141.19 Bn.
Segments Covered: by Software: • Remote Monitoring Systems,
• Real-Time Streaming Analytics,
• Data Management,
• Network Bandwidth Management,
• Security Solutions
by Services • Managed Services
• Professional Services
by Components • Control Systems,
• Sensors, Power Sources,
• Actuators, Others
by Platforms •Application Management Platform
• Network Management Platform
• Device Management Platform
by Applications • Service Robots,
• Collaborative Industrial Robots

Internet of Robotic Things Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Internet of Robotic Things Market Key Players : 

ABB LTD.
FANUC CORPORATION
KUKA AG
CISCO SYSTEMS INC.
SAMSUNG ELECTRIC CO. LTD.
AETHON INC.
IROBOT CORPORATION
INTEL CORPORATION
ROBERT BOSCH GMBH
AMAZON.COM, INC.
NORTHROP GRUMMAN CORPORATION
HONDA MOTORS CO. LTD.
GECKOSYSTEMS INTL. CORPORATION
YASKAWA ELECTRIC CORPORATION
GOOGLE INC.
BLUEFIN ROBOTICS CORPORATION.
SAMSUNG ELECTRONICS CO.
CISCO SYSTEMS, INC.
OMRON ADEPT TECHNOLOGIES, INC.
MIDEA GROUP
Success Stories / Case Studies
IROBOT CORPORATION
BLUEFIN ROBOTICS CORPORATION.
AMAZON.COM, INC.
HONDA MOTORS CO. LTD.

Frequently Asked Questions:

1. Which region has the largest share in Global Internet of Robotic Things Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Internet of Robotic Things Market?
Ans: The Global Internet of Robotic Things Market is growing at a CAGR of 30.9% during forecasting period 2023-2029.

3. What is scope of the Global Internet of Robotic Things Market report?
Ans: Global Internet of Robotic Things Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Internet of Robotic Things Market?
Ans: The important key players in the Global Internet of Robotic Things Market are – ABB LTD., FANUC CORPORATION, KUKA AG, CISCO SYSTEMS INC., SAMSUNG ELECTRIC CO. LTD., AETHON INC., IROBOT CORPORATION, INTEL CORPORATION, ROBERT BOSCH GMBH, AMAZON.COM, INC., NORTHROP GRUMMAN CORPORATION, HONDA MOTORS CO. LTD., GECKOSYSTEMS INTL. CORPORATION, YASKAWA ELECTRIC CORPORATION, GOOGLE INC., BLUEFIN ROBOTICS CORPORATION., SAMSUNG ELECTRONICS CO., CISCO SYSTEMS, INC., OMRON ADEPT TECHNOLOGIES, INC., MIDEA GROUP, Success Stories / Case Studies, IROBOT CORPORATION, BLUEFIN ROBOTICS CORPORATION., AMAZON.COM, INC., HONDA MOTORS CO. LTD.

5. What is the study period of this Market?
Ans: The Global Internet of Robotic Things Market is studied from 2022 to 2029.

Table of Contents

1. INTRODUCTION 1.1 Report Description 1.1.1 Objectives of the Study 1.1.2 Market Scope 1.1.2.1 Years considered in the study 1.1.3 Currency 1.1.4 Key players / Stakeholders Target Audience 2. RESEARCH METHODOLOGY 2.1 Research Methodology 2.2 Market Definition 2.3 Assumptions and Acronyms Used 2.4 Data Sources 2.4.1 Secondary 2.4.1.1 Paid 2.4.1.2 Unpaid 2.4.2 Primary 2.5 Analyst tools and models 3. EXECUTIVE SUMMARY 3.1 Global Internet of Robotic Things Market Overview 3.1.1 By Software 3.1.2 By Services 3.1.3 By Components 3.1.4 By Platforms 3.1.5 By Application 3.1.6 By Region 4. HISTORICAL PERSPECTIVE AND CURRENT TRENDS 4.1 Global Internet of Robotic Things Landscape 4.1.1 Emergence and Evolution 4.1.2 Technological Transformations 4.1.3 Global Internet of Robotic Things Outlook by Region 4.1.3.1 North America 4.1.3.1.1 Key Economic Indicators 4.1.3.1.1.1 GDP Growth Forecast 4.1.3.1.2 Global Standing in Internet of Robotic Things Market 4.1.3.1.2.1 Market size and share 4.1.3.2 Europe 4.1.3.2.1 Key Economic Indicators 4.1.3.2.1.1 GDP Growth Forecast 4.1.3.2.2 Global Standing in Internet of Robotic Things Market 4.1.3.2.2.1 Market size and share 4.1.3.3 Asia Pacific 4.1.3.3.1 Key Economic Indicators 4.1.3.3.1.1 GDP Growth Forecast 4.1.3.3.2 Global Standing in Internet of Robotic Things Market 4.1.3.3.2.1 Market size and share 4.1.3.4 Latin America, Africa and Middle East 4.1.3.4.1 Key Economic Indicators 4.1.3.4.1.1 GDP Growth Forecast 4.1.3.4.2 Global Standing in Internet of Robotic Things Market 4.1.3.2.1 Market size and share 5 GLOBAL INTERNET OF ROBOTIC THINGS MARKET OUTLOOK 5.1 Market Definition, Segmentation and Scope of Study 5.2 Market Dynamics 5.2.3 Drivers 5.2.3.2 High speed data connectivity and seamless web connectivity 5.2.3.3 Rising use of smart devices 5.2.4 Restraint 5.2.4.2 Lack of awareness of Internet of robotics technology 5.2.4.3 High cost of research and development activities 5.2.5 Opportunities 5.2.5.2 Technological Advancements 5.2.5.3 Competitive Advantage 5.3 Market Share Analysis 5.3.3 By Software 5.3.4 By Services 5.3.5 By Components 5.3.6 By Platforms 5.3.7 By Application 5.3.8 By Geography 5.4 Competitive Analysis 5.4.3 Key Strategic Initiatives 5.4.4 Regional Presence 5.4.5 Product Overview 5.5 Porter’s Analysis 5.6 PESTEL Analysis 5.7 Product Benchmark Analysis 5.8 Company Market Share Analysis 5.9 Key Findings 5.9.3 Top Wining Strategies 5.9.4 Top Investment Pockets 5.9.5 Top Impacting Factors 6 GLOBAL INTERNET OF ROBOTIC THINGS MARKET, BY SOFTWARE 6.1 Software Segment Type Analysis & Market Share 6.2 Remote Monitoring Systems 6.2.3 Overview 6.2.4 Market Size and Forecast 2022-2029 6.3 Real-Time Streaming Analytics 6.3.3 Overview 6.3.4 Market Size and Forecast 2022-2029 6.4 Data Management 6.4.3 Overview 6.4.4 Market Size and Forecast 2022-2029 6.5 Network Bandwidth Management 6.5.3 Overview 6.5.4 Market Size and Forecast 2022-2029 6.6 Security Solutions 6.6.3 Overview 6.6.4 Market Size and Forecast 2022-2029 7 GLOBAL INTERNET OF ROBOTIC THINGS MARKET, BY PLATFORM 7.1 Platform Segment Analysis & Market Share 7.2 Device Management Platform 7.2.3 Overview 7.2.4 Market Size and Forecast 2022-2029 7.3 Application Management Platform 7.3.3 Overview 7.3.4 Market Size and Forecast 2022-2029 7.4 Network Management Platform 7.4.3 Overview 7.4.4 Market Size and Forecast 2022-2029 8 GLOBAL INTERNET OF ROBOTIC THINGS MARKET, BY SERVICES 8.1 Service Segment Analysis & Market Share 8.1 Managed Services 8.1.3 Overview 8.1.4 Market Size and Forecast 2022-2029 8.2 Professional Services 8.2.3 Overview 8.2.4 Market Size and Forecast 2022-2029 9 GLOBAL INTERNET OF ROBOTIC THINGS MARKET, BY COMPONENTS 9.1 Component Segment Analysis & Market Share 9.2 Control Systems 9.2.3 Overview 9.2.4 Market Size and Forecast 2022-2029 9.3 Sensors 9.3.3 Overview 9.3.4 Market Size and Forecast 2022-2029 9.4 Power Sources 9.4.3 Overview 9.4.4 Market Size and Forecast 2022-2029 9.5 Actuators 9.5.3 Overview 9.5.4 Market Size and Forecast 2022-2029 9.6 Others 4.1.3 Overview 4.1.4 Market Size and Forecast 2022-2029 10 GLOBAL INTERNET OF ROBOTIC THINGS MARKET, BY APPLICATIONS 10.1 Application Segment Analysis & Market Share 10.2 Service Robots 10.2.3 Overview 10.2.4 Market Size and Forecast 2022-2029 10.3 Collaborative Industrial Robots 10.3.3 Overview 10.3.4 Market Size and Forecast 2022-2029 11 GLOBAL INTERNET OF ROBOTIC THINGSMARKET, BY REGION 11.1 Geography Type Segment Analysis & Market Share 11.2 North America 11.2.3 Overview 11.2.4 Global Standing in Internet of Robotic Things Market 11.2.4.2 By Application 11.2.4.2.1 Service Robots 11.2.4.2.2 Collaborative Industrial Robots 11.2.5 Market Size and Forecast 2022-2029 11.3 Europe 11.3.3 Overview 11.3.4 Global Standing in Internet of Robotic Things Market 11.3.4.2 By Application 11.3.4.2.1 Service Robots 11.3.4.2.2 Collaborative Industrial Robots 11.3.4.3 Market size and share 11.3.5 Market Size and Forecast 2022-2029 11.4 Asia Pacific 11.4.3 Overview 11.4.4 Global Standing in Internet of Robotic Things Market 11.4.4.2 By Application 11.4.4.2.1 Service Robots 11.4.4.2.2 Collaborative Industrial Robots 11.4.5 Market Size and Forecast 2022-2029 11.5 Latin America, Middle East and Africa 11.5.3 Overview 11.5.4 Global Standing in Internet of Robotic Things Market 11.5.4.2 By Application 11.5.4.2.1 Service Robots 11.5.4.2.2 Collaborative Industrial Robots 9.4.3 Market Size and Forecast 2022-2029 12 COMPITITIVE LANDSCAPE 12.1 Market Share/ Positioning Analysis 12.2 Key Innovators 12.3 Company Profiles 12.3.3 ABB LTD. 12.3.3.2 Overview 12.3.3.3 Service Portfolio 12.3.3.4 Global Geographical Footprint 12.3.3.5 Strategic Initiatives 12.3.3.6 SWOT Analysis 12.3.3.7 Competitive Assessment 12.3.4 FANUC CORPORATION 12.3.4.2 Overview 12.3.4.3 Service Portfolio 12.3.4.4 Global Geographical Footprint 12.3.4.5 Strategic Initiatives 12.3.4.6 SWOT Analysis 12.3.4.7 Competitive Assessment 12.3.5 KUKA AG 12.3.5.2 Overview 12.3.5.3 Service Portfolio 12.3.5.4 Global Geographical Footprint 12.3.5.5 Strategic Initiatives 12.3.5.6 SWOT Analysis 12.3.5.7 Competitive Assessment 12.3.6 CISCO SYSTEMS INC. 12.3.6.2 Overview 12.3.6.3 Service Portfolio 12.3.6.4 Global Geographical Footprint 12.3.6.5 Strategic Initiatives 12.3.6.6 SWOT Analysis 12.3.6.7 Competitive Assessment 12.3.7 SAMSUNG ELECTRIC CO. LTD. 12.3.7.2 Overview 12.3.7.3 Service Portfolio 12.3.7.4 Global Geographical Footprint 12.3.7.5 Strategic Initiatives 12.3.7.6 SWOT Analysis 12.3.7.7 Competitive Assessment 12.3.8 AETHON INC. 12.3.8.2 Overview 12.3.8.3 Service Portfolio 12.3.8.4 Global Geographical Footprint 12.3.8.5 Strategic Initiatives 12.3.8.6 SWOT Analysis 12.3.8.7 Competitive Assessment 12.3.9 IROBOT CORPORATION 12.3.9.2 Overview 12.3.9.3 Service Portfolio 12.3.9.4 Global Geographical Footprint 12.3.9.5 Strategic Initiatives 12.3.9.6 SWOT Analysis 12.3.9.7 Competitive Assessment 12.3.10 INTEL CORPORATION 12.3.10.2 Overview 12.3.10.3 Service Portfolio 12.3.10.4 Global Geographical Footprint 12.3.10.5 Strategic Initiatives 12.3.10.6 SWOT Analysis 12.3.10.7 Competitive Assessment 12.3.11 ROBERT BOSCH GMBH 12.3.11.2 Overview 12.3.11.3 Service Portfolio 12.3.11.4 Global Geographical Footprint 12.3.11.5 Strategic Initiatives 12.3.11.6 SWOT Analysis 12.3.11.7 Competitive Assessment 12.3.12 AMAZON.COM, INC. 12.3.12.2 Overview 12.3.12.3 Service Portfolio 12.3.12.4 Global Geographical Footprint 12.3.12.5 Strategic Initiatives 12.3.12.6 SWOT Analysis 12.3.12.7 Competitive Assessment 12.3.13 NORTHROP GRUMMAN CORPORATION 12.3.13.2 Overview 12.3.13.3 Service Portfolio 12.3.13.4 Global Geographical Footprint 12.3.13.5 Strategic Initiatives 12.3.13.6 SWOT Analysis 12.3.13.7 Competitive Assessment 12.3.14 HONDA MOTORS CO. LTD. 12.3.14.2 Overview 12.3.14.3 Service Portfolio 12.3.14.4 Global Geographical Footprint 12.3.14.5 Strategic Initiatives 12.3.14.6 SWOT Analysis 12.3.14.7 Competitive Assessment 12.3.15 GECKOSYSTEMS INTL. CORPORATION 12.3.15.2 Overview 12.3.15.3 Service Portfolio 12.3.15.4 Global Geographical Footprint 12.3.15.5 Strategic Initiatives 12.3.15.6 SWOT Analysis 12.3.15.7 Competitive Assessment 12.3.16 YASKAWA ELECTRIC CORPORATION 12.3.16.2 Overview 12.3.16.3 Service Portfolio 12.3.16.4 Global Geographical Footprint 12.3.16.5 Strategic Initiatives 12.3.16.6 SWOT Analysis 12.3.16.7 Competitive Assessment 12.3.17 GOOGLE INC. 12.3.17.2 Overview 12.3.17.3 Service Portfolio 12.3.17.4 Global Geographical Footprint 12.3.17.5 Strategic Initiatives 12.3.17.6 SWOT Analysis 12.3.17.7 Competitive Assessment 12.3.18 BLUEFIN ROBOTICS CORPORATION. 12.3.18.2 Overview 12.3.18.3 Service Portfolio 12.3.18.4 Global Geographical Footprint 12.3.18.5 Strategic Initiatives 12.3.18.6 SWOT Analysis 12.3.18.7 Competitive Assessment 12.3.19 SAMSUNG ELECTRONICS CO. 12.3.19.2 Overview 12.3.19.3 Service Portfolio 12.3.19.4 Global Geographical Footprint 12.3.19.5 Strategic Initiatives 12.3.19.6 SWOT Analysis 12.3.19.7 Competitive Assessment 12.3.20 CISCO SYSTEMS, INC. 12.3.20.2 Overview 12.3.20.3 Service Portfolio 12.3.20.4 Global Geographical Footprint 12.3.20.5 Strategic Initiatives 12.3.20.6 SWOT Analysis 12.3.20.7 Competitive Assessment 12.3.21 OMRON ADEPT TECHNOLOGIES, INC. 12.3.21.2 Overview 12.3.21.3 Service Portfolio 12.3.21.4 Global Geographical Footprint 12.3.21.5 Strategic Initiatives 12.3.21.6 SWOT Analysis 12.3.21.7 Competitive Assessment 12.3.22 MIDEA GROUP 12.3.22.2 Overview 12.3.22.3 Service Portfolio 12.3.22.4 Global Geographical Footprint 12.3.22.5 Strategic Initiatives 12.3.22.6 SWOT Analysis 12.3.22.7 Competitive Assessment 13 SUCCESS STORIES: KEY INDUSTRY PLAYERS 13.1 IROBOT CORPORATION 13.2 BLUEFIN ROBOTICS CORPORATION. 13.3 AMAZON.COM, INC. 13.4 HONDA MOTORS CO. LTD. 14 CONSOLIDATION 14.1 Mergers and Acquisitions 14.2 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 14.3 Patent Analysis 15 LIST OF TABLES 16 LIST OF FIGURES

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