Increase in demand for automation in small and medium enterprises, decline in cost of cloud robotics and enhanced efficiency have pushed the demand for cloud robotics across a wide range of end-users. Cloud robotics is a method where the computational and analytical part of the robots are shifted to the cloud in order to save infrastructural complexities and utilize larger memory and enhanced processing capabilities available on the cloud. Two major factors that are increasing the demand for cloud robotics include the enhancement in the overall productivity by using cloud robotics and reduction in infrastructural requirements in enterprises with the usage of cloud robotics. Cloud robotics is used across several end-users for a varied range of applications owing to several cost-related benefits. Some of the distinct features of cloud robotics include their remote operations, real-time analytics and higher operations efficiency. Therefore, the demand for cloud robotics across various end-users is on the rise since the inception of this term in 2010. In the span of past five years (2014-2018) industry has witnessed several product launches from key cloud robotics platform providers. In a nutshell, the ongoing developments underline a change undergoing in the robotics industry where cloud robotics is emerging as the next big thing.
The report is a compilation of various segmentations including a market breakdown by business model, deployment model, end-user, and region. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the different business models that are analyzed which include Infrastructure-as-a-Service, Platform-as-a-Service and Software-as-a-Service. The study also analyzes different deployment model that include material public cloud, private cloud and hybrid cloud. The report also presents a detailed analysis of various end-users such as industrial, commercial and consumer. Furthermore, the industrial end-user is sub-segmented in applications such as automotive, manufacturing, warehouse and logistics, and others. Commercial end-user is sub-divided into agriculture, healthcare, retail, banking, and other. Lastly, consumer end-user segment is further sub-segmented into entertainment, cleaning, personal care, education, and others. The understanding of the market has been prepared based on the discussions and interviews with the top management of the several platform providers, tier 1 suppliers, and solution providers.
In 1960s, a new concept was rising which was called “the cloud” which meant the remote access of the centralized servers of very high storage capacity and processing strength. During the same time the concept of cloud computing emerged. This concept was the intergalactic computer network, which shared the common storage space and processing strength and shifted the complex processing tasks to the cloud. During the last decade (2009-2018) the cloud-computing technology has served to revolutionize both the enterprise IT and supplier landscape. In addition, the cloud computing technology has evolved from being promoted by the service providers to becoming the mainstream requirement of most of the modern enterprises.
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As the advancements in cloud computing is progressing and the industrial automation is also taking place at the rapid pace. The demand of robots in industrial environment is gaining popularity. Furthermore, the service robots are also gaining traction across commercial and residential end-users. This has gained pace in last decade (2009-2018) especially with the advent of Internet of Things (IoT) and the concept of connected devices. During the same time, in the year 2010, a new term was coined by James Kuffner which was “cloud robotics”. Cloud robotics primarily aims to join robots with cloud computation, cloud-storage and high speed communication resource. The main aim of the cloud robotics is to shift the computational and storage tasks to the cloud in order to reduce the burden on the device and utilize the higher storage and processing capabilities available on the cloud.
By definition, cloud robotics provides access to the physical robot and control over its operation at anytime from any place with the help of internet and other connected technologies. The cloud robotics is being used across industrial, commercial and consumer applications of the robots.
