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North America Cloud Robotics Market Forecast 2019-2027

KEY FINDINGS
The North America region dominated the cloud robotics market by contributing the colossal share in 2018. The region generated the highest revenue in the global cloud robotics market and is evolving at 22.41% of CAGR throughout the forecasting period. The key factor responsible for this rapid growth are the presence of a high number of organizations, increased penetration of 5G technology and wide application across various end-users.

MARKET INSIGHTS
The North American region is adopting cloud robotics practices, owing to the growing emphasis of the manufacturers on increasing efficiency and reducing costs. In addition, the region is segmented based on key countries, which include the United States and Canada.
The United States generated the largest revenue share in the North America cloud robotics market. Various sectors in the country such as healthcare, automotive, retail, banking and manufacturing are analysing a large number of cloud robotics and have determined successful results in terms of high returns on funding. Although, Private cloud robotics incurs a high cost but are suitable for big sized private organizations, which are present in large numbers across the U.S.

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