Robotics as a service market is anticipated to grow at a CAGR of 14.6% during the forecast period. Robots-as-a-Service (RaaS) offers various benefits of automation to small businesses. It is a cloud-based “robotic rental” system that allows users to incorporate the capabilities to upgrade or downgrade systems as per the requirements. The user can also install robotics without requiring the necessary infrastructure which is required by more traditional robotics. The key company players are providing optimized solutions to their customers which is expected to propel the market growth. For instance, KUKA Ag offers software to its customers which ranges from upgradable system software, ready-made robot applications, and software-based controllers to 3D visualization and simulation. This offering allows the company to support intelligent robot networking and safe interaction between humans and machines. The customers can have access to a user-friendly interface throughout and the company offers 100 % compatibility.
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The major companies serving the global robotics as a service market include Ademco Security Group Pte Ltd., Aethon Inc., Beetl Robotics, Cobalt Robotics Inc., Fetch Robotics, Inc., InVia Robotics Inc., Knightscope, Inc., Kraken Robotics Inc., Kuka AG, Locus Robotics, Microsoft Corp., Nightingale Security’s, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, ANSCER?Robotics, a Bengaluru-based start-up?aims to democratize?robotics?with their AMR robots and their Robots as a service (RAAS) option, through which they will rent out their robots, a move that will disrupt this space. The start-up is also focusing on its rental services to gain the trust of small businesses. In the long run, the company wishes to expand and be deployed by the manufacturing and service industries, allowing them to reap the benefits of this revolutionary technology.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Robotics as a Service Market Report Segment
By Service Type
- Personal
- Professional
By Application
- Intralogistics
- Medical applications
- Surveillance and Security
- Field robotics
- Others
By End-Users
- Healthcare
- BFSI
- Food & beverage
- IT & Telecom
- Retail
- Defense
- Media & Entertainment
- Logistics
- Others
Global Robotics as a Service Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotics as a service market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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