Home › News Updates › MarketsandMarkets acknowledged by Ortelio for identifying it as one of the key players in Cloud Robotics Market

MarketsandMarkets was recently acknowledged by Ortelio for naming it as one of the key players in the global cloud robotics market.

Cloud robotics is an emerging field of robotics, which uses cloud technologies and artificial intelligence, thus allowing robots to leverage benefits of the rapid increase in data transfer in real time. The global market for cloud robotics is projected to reach a value of USD 7.51 Billion by 2022, growing at a high CAGR of 28.1% during the forecast period 2017-2022, mainly driven by the proliferation of the cloud technology, broad spectrum uses of wireless technologies, increase in the adoption of IoT, and advancements in AI and machine learning technologies.

For More Details:

https://ortelio.co.uk/ortelio-leads-europe-in-cloud-robotics-according-to-a-recent-market-study/

Report mentioned in the above news is,

Cloud Robotics Market by Component (Software and Services), Service Model (IaaS, PaaS, and SaaS), Application, Deployment Model (Public, Private, and Hybrid Cloud), End-User (Verticals and Third-Party Users), and Region - Global Forecast to 2022

Press Release:

https://www.marketsandmarkets.com/PressReleases/cloud-robotics.asp

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