Internet of Robotic Things (IoRT) Market Value to Exceed USD 104.44 billion in 2028

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Internet of Robotic Things (IoRT) Market Value to Exceed USD 104.44 billion in 2028

Surge in the demand for automated technologies and solutions, growing adoption of connected devices and surge in the proliferation of consumer electronics such as smart toys and robotic pets especially in the developing economies are the major factors attributable to the growth of the internet of robotic things (IoRT) market. Data Bridge Market Research analyses that the internet of robotic things (IoRT) market will exhibit a CAGR of 30.2% for the forecast period of 2021-2028. Therefore, the internet of robotic things (IoRT) market value would stand tall by USD 104.44 billion by 2028.

Global Internet of Robotic Things (IoRT) Market Scope and Market Size

  • The internet of robotic things (IoRT) market is segmented on the basis of component, software, platform, service and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
  • On the basis of component, the internet of robotic things (IoRT) market is segmented into sensors, actuators, power source, control systems and others. Others segment is sub-segmented into electrical and electronic and mechanical.
  • On the basis of software, the internet of robotic things (IoRT) market is segmented into real time streaming analytics, security solution, data management, remote monitoring system and network bandwidth management.
  • On the basis of platform, the internet of robotic things (IoRT) market is segmented into device management platform, application management platform and network management platform.
  • On the basis of service, the internet of robotic things (IoRT) market is segmented into professional services and managed services. Professional services segment is sub-segmented into deployment and integration, support and maintenance and consulting services.
  • On the basis of application, the internet of robotic things (IoRT) market is segmented into collaborative industrial robots and service sector. The collaborative industrial robots segment is sub-segmented into automotive, electronics, food and beverages and others. Service sector is sub-segmented into personal services and professional services. Personal services segment is further bifurcated into domestic, entertainment and others. Entertainment segment is sub-bifurcated into smart toys and robotic pets. Professional services segment is further bifurcated into defense and security, field, medical, underwater, logistics, telepresence, inspection and maintenance and others. Defense and security segment is sub-bifurcated into demining and fire and bomb fighting. Field segment is sub-bifurcated into agriculture and forestry and milking robots. Medical segment is sub-bifurcated into rehabilitation system and others (assistive robots). Logistics (automated guided vehicles) segment is sub-bifurcated into factory logistics and service logistics. Telepresence segment is sub-bifurcated into business, healthcare and personal. Inspection and maintenance segment is sub-bifurcated into factory facilities, tank, tubes, pipes and sewers, ships and turbines and others (infrastructure and construction).

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Internet of Robotic Things (IoRT) Market Country Level Analysis

The internet of robotic things (IoRT) market is analysed and market size, volume information is provided by country, component, software, platform, service and application as referenced above.

  • The countries covered in the internet of robotic things (IoRT) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Competitive Landscape and Internet of Robotic Things (IoRT) Market Share Analysis

  • The internet of robotic things (IoRT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to internet of robotic things (IoRT) market.

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The major players covered in the internet of robotic things (IoRT) report are

Cisco Systems, Inc.,

  • Microsoft,
  • Alphabet Inc.,
  • Apple Inc.,
  • SAP,
  • ABB,
  • Huawei Technologies Co. Ltd,
  • Siemens,
  • Hitachi Vantara Corporation,
  • Qualcomm Technologies Inc.,
  • Oracle,
  • KUKA AG, Google LLC,
  • Intel Corporation,
  • SAMSUNG,
  • Robert Bosch GmbH, OMRON Corporation,
  • Northrop Grumman Corporation,
  • YASKAWA ELECTRIC CORPORATION

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MAJOR TOC OF THE REPORT

  • INTRODUCTION
  • MARKET SEGMENTATION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
  • MARKET OVERVIEW
  • QUESTIONNAIRE

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