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Asia Pacific Cloud Robotics Market Forecast 2019-2027

KEY FINDINGS
The cloud robotics market in the Asia Pacific region is driven by the smart manufacturing (industry 4.0) boosting the demand for cloud robotics and increased popularity of the connected robots among domestic users. The market is advancing at the highest growth rate of 26.71% throughout the estimated period of 2017-2025. However, high set-up cost and security concern are the major factors restraining the market growth in the region.

MARKET INSIGHTS
The major countries developing market growth in the APAC region are India, China, Japan, South Korea, Australia and Rest of APAC. Technological advancement, high demand in end-user market, aging population and high R&D spending are proliferating the market in the region. China is the dominant country in the Asia Pacific cloud robotics market. The increased government support and growing demand from commercial and industrial sectors is justifying the high growth of the country.

COMPETITIVE INSIGHTS
The players that are actively operating in the cloud robotics market are IBM Corporation, Omron Adept Technologies, Inc., Huawei Technologies Co. Ltd., Rapyuta Robotics Co. Ltd., Fetch Robotics, Inc., Softbank Robotics Group Corporations, Kuka AG, C2RO Cloud Robotics, Ortelio Ltd, Cisco Systems, Inc., Cloudminds, Amazon Robotics LLC, Intel Corporation, Aethon and Microsoft Corporation.
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Asia Pacific Cloud Robotics Market Forecast 2019-2027
Published By :Inkwood Research
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