#Cloud-Robotics

The growth of the market for Cloud Robotics is driven by the Enhanced growth in the use of smart phones and wireless technologies and Growth in need for IoT and machine learning technologies.

Market Size — USD 2.21 billion in 2018, Market Growth — CAGR of 13.4%, Market Trends — Penetration of IoT technologies.

The Cloud Robotic market is expected to grow from USD 2.21 billion in 2018 to USD 9.41 billion by 2026, at a CAGR of 13.4% during the forecast period. The driving factor for growth being the enhanced growth in use of smart phones and wireless technologies and the growing penetration of IOT.

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