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Internet of Robotic Things Market – North America Industry Analysis and Forecast (2018-2026) – By Country (U.S., and Canada)

Market Scenario

Internet of Robotic Things Market for North America has been changing the way various industrial sectors evolved in the last few decades. The application of the robotics aspect within the wider IoT transforms the various landscape that are currently being dominated by different business models built upon passive interaction to different dynamic and physical relationships among the digital and physical world.

The IoT technologies, architectures, and services allow massive numbers of sensor being enabled to uniquely address things for communicating with each other and transfer data within the pervasive networks using Internet protocols, which will be the next great technological innovation and business opportunity. It is going to exceed in size and importance for both the personal computer and mobile communications markets, changing the development of the Internet itself.

Currently, most of the IoT initiatives are focused on using connected devices having simple, onboard, and passive sensors to manage, and optimize systems with their processes. This is expected to be immensely impactful. However, the forward-thinking companies explore the more advanced aspects of ubiquitous connectivity to communicate among smart devices. The concept of the Internet of Robotic Things or IoRT is where intelligent devices monitor events, and fuse sensor data from different sources, using both local and distributed intelligence to manage the best course of action.  Then it acts on to control or manipulate objects within the physical world, while in some cases physically moving through that world.

In 2015, ABB placed itself in the centre of the IoT technologies in industrial robotics by becoming branch of the Industrial Internet Consortium. Even though IoT might seem new, ABB had announced that their IoT SP or Internet of Things, Services and People strategy has been on track for the last 10 years. They have been trying to find ways for integrating all of the sensors and devices on the manufacturing floor to improve different areas of their operations and improving the reliability of systems for optimizing processes.

  Internet of Robotic Things Market

The Internet of Things (IoT) and robotics communities have been driven by different and highly complementary objectives, that previously focused on supporting information services for pervasive sensing, tracking and monitoring. The concept focuses on producing action, interaction and autonomous behaviour. For different reason, it is being claimed that the creation of an internet of robotic things (IoRT) combines together the results from the two communities having a strong added value.  North America has seen numerous changes across the robotic segment with large investments being made especially in the healthcare sector for hassle free surgeries along with speeding up the complete work.

Market Scope:

  • 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

Key Players operating in the market:

  • Fanuc Corporation
  • Kuka Ag
  • Irobot Corporation
  • Intel Corporation
  • Samsung Electric Co. Ltd.
  • Cisco Systems Inc.
  • Com, Inc.
  • Yaskawa Electric Corporation
  • Google Inc.
  • Bluefin Robotics Corporation.
  • Samsung Electronics Co.
  • Abb Ltd.
  • Aethon Inc.
  • Northrop Grumman Corporation
  • Honda Motors Co. Ltd.
  • Geckosystems Intl. Corporation
  • Robert Bosch Gmbh
  • Cisco Systems, Inc.

Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current Internet of Robotic Things Market for North America outlook. It is usually done remaining at par with the technological evolution and developments done in the field of IoT in terms of technology especially across the operating system functionalities being modified as per the IoT device type used by customers. Report segments Internet of Robotic Things Market for North America by segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Internet of Robotic Things Market for North America. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain market positioning of competitors.

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