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Robotics as a Service (RaaS)

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    October 10, 2022 9:08 PM EDT

    Robotics as a Service (RaaS)

    The global robotics as a service (RaaS) market size is expected to increase by USD 1.23 billion, accelerating at a CAGR of 18.12% between 2021 and 2026. Technavio has considered various factors including investments related to CAPEX from the industrial sector, revenue generated by vendors, GDP growth, and commodity price fluctuation among others to estimate the size of the market. Download PDF Sample ReportTo get more news about GRS, you can visit glprobotics.com official website.
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 6 River Systems Inc., Ademco Security Group Pte Ltd, Cobalt Robotics Inc, Eliport, Fetch Robotics Inc, HAHN Group GmbH, Harvest Automation, inVia Robotics Inc, Knightscope Inc., Kraken Robotics Inc., Locus Robotics Corp., Nightingale Security, OhmniLabs Inc, PrecisionHawk Inc, Rapyuta Robotics Co. Ltd., RedZone Robotics Inc., Relay Robotics Inc., Sanbot Innovation Tech Ltd, Sarcos Corp., and ST Engineering Aethon Inc. are some of the major market participants.

    Although the changes in the global labor force will offer immense growth opportunities, the need for technical expertise will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

    37% of the market growth will come from APAC during the forecast period. The regional market is driven by the increase in government initiatives to fund innovations in the robotics sector and the increasing entry of vendors in emerging markets such as China, Japan, South Korea, Australia, Taiwan, India, and Hong Kong. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our robotics as a service (RaaS) market report covers the following areas:

    We provide a detailed analysis of around 25 vendors operating in the robotics as a service (RaaS) market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the robotics as a service (RaaS) market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.