
Global Cloud Robotics Market Size, Status and Forecast 2024," cloud connected robots and their expanding applications are expected to drive the global cloud robotics market. Cloud connectivity offers increased data storage, collective learning solutions, and increased brain power. Increase in the uptake of cloud robotics is thus on cards subsequent to advancements in the cloud technology. In addition, the surging demand for automation across manufacturing, automotive, defense and logistics, agriculture, and healthcare sectors will push deployment of cloud robotics. Market to expand at an impressive +32 % CAGR between 2016 and 2024. The global cloud robotics market was valued at +US$1 bn in 2015. Considering its pace of gain, the market is forecast to reach +US$21 bn by the end of 2024.