Robotics as a Service Market
Robotics as a Service Market Size, Share & Trends Analysis Report by Service Type (Personal Services and Professional Services), by Application (Intralogistics, Medical Applications, Surveillance and Security, and Field Robotics), and by End-Users (Healthcare, BFSI, Food & Beverage, IT & Telecom, Retail, Defense, Media & Entertainment, Logistics, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Robotics as a service market is anticipated to grow at a CAGR of 14.6% during the forecast period. Robots-as-a-Service (RaaS) offers various benefits of automation to small businesses. It is a cloud-based “robotic rental” system that allows users to incorporate the capabilities to upgrade or downgrade systems as per the requirements. The user can also install robotics without requiring the necessary infrastructure which is required by more traditional robotics. The key company players are providing optimized solutions to their customers which is expected to propel the market growth. For instance, KUKA Ag offers software to its customers which ranges from upgradable system software, ready-made robot applications, and software-based controllers to 3D visualization and simulation. This offering allows the company to support intelligent robot networking and safe interaction between humans and machines. The customers can have access to a user-friendly interface throughout and the company offers 100 % compatibility.
Segmental Outlook
The global robotics as a service market is segmented based on the service type, application, and end-users. Based on the service type, the market is bifurcated into personal services and professional services. Based on the application, the market is sub-segmented into intralogistics, medical applications, surveillance and security, and field robotics. Based on the end-users, the market is further augmented into healthcare, BFSI, food & beverage, IT & telecom, retail, defense, media & entertainment, logistics, and others.
Among the end-users, the healthcare segment is expected to grow at a considerable rate during the forecast period. Healthcare industries are adopting RaaS to boost efficiency and lower costs. Further, Robotics as a service in healthcare industries offers improved quality of care and patient experience at the lowest possible cost. The benefits such as increased flexibility and interoperability in healthcare are expected to surge the market growth during the forecast period.
Regional Outlooks
The global robotics as a service market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Europe region is expected to hold a prominent market share during the forecast period due to the deployment of the latest technologies in the industries.
Global Robotics as a Service Market Growth, by Region 2022-2028
The Asia-Pacific Region is expected to hold a Considerable Share in the Global Robotics as a Service Market
The Asia-Pacific region is expected to be the fastest-growing region in robotics as a service market during the forecast period owing to growing technology development in the region. The startups in the countries such as India, China, and others are focusing on their technological-based infrastructure and are offering robotics as a service which is driving the growth of the market during the forecast period. For instance, in January 2021, Hyderabad-based Vistan NextGen, a deep tech solutions start-up introduced Robot-As-A-Service (RaaS) in the country to supports companies in reducing the cost of ownership. The firm will also make robots available under RaaS. The robots will cater to the needs of sectors such as healthcare, retail, hospitality, education, and banking. The firm said the robots would be handy for organizations in handling their customers in the times of the Covid-19 pandemic.
Market Players Outlook
The major companies serving the global robotics as a service market include Ademco Security Group Pte Ltd., Aethon Inc., Beetl Robotics, Cobalt Robotics Inc., Fetch Robotics, Inc., InVia Robotics Inc., Knightscope, Inc., Kraken Robotics Inc., Kuka AG, Locus Robotics, Microsoft Corp., Nightingale Security’s, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022, ANSCER?Robotics, a Bengaluru-based start-up?aims to democratize?robotics?with their AMR robots and their Robots as a service (RAAS) option, through which they will rent out their robots, a move that will disrupt this space. The start-up is also focusing on its rental services to gain the trust of small businesses. In the long run, the company wishes to expand and be deployed by the manufacturing and service industries, allowing them to reap the benefits of this revolutionary technology.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotics as a service market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Robotics as a Service Market by Service Type
4.1.1. Personal Services
4.1.2. Professional Services
4.2. Global Robotics as a Service Market by Application
4.2.1. Intralogistics
4.2.2. Medical applications
4.2.3. Surveillance and Security
4.2.4. Field robotics
4.2.5. Others
4.3. Global Robotics as a Service Market by End-Users
4.3.1. Healthcare
4.3.2. BFSI
4.3.3. Food & Beverage
4.3.4. IT & Telecom
4.3.5. Retail
4.3.6. Defense
4.3.7. Media & Entertainment
4.3.8. Logistics
4.3.9. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Ademco Security Group Pte Ltd
6.2. Aethon Inc.
6.3. Beetl Robotics
6.4. Cobalt Robotics Inc.
6.5. Fetch Robotics, Inc.
6.6. InVia Robotics Inc.
6.7. Knightscope, Inc.
6.8. Kraken Robotics Inc.
6.9. Kuka AG
6.10. Locus Robotics
6.11. Microsoft Corp.
6.12. Nightingale Security’s
6.13. OhmniLabs Inc.
6.14. Parrot SA
6.15. RedZone Robotics Inc.
6.16. Savioke Inc.
6.17. Sarcos Technology and Robotics Corp.
1. GLOBAL ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ROBOTICS AS A SERVICE FOR PERSONAL SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ROBOTICS AS A SERVICE FOR PROFESSIONAL SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL ROBOTICS AS A SERVICE FOR INTRALOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ROBOTICS AS A SERVICE FOR MEDICAL APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ROBOTICS AS A SERVICE FOR SURVEILLANCE AND SECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ROBOTICS AS A SERVICE FOR FIELD ROBOTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ROBOTICS AS A SERVICE FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
11. GLOBAL ROBOTICS AS A SERVICE FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ROBOTICS AS A SERVICE FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ROBOTICS AS A SERVICE FOR FOOD & BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ROBOTICS AS A SERVICE FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL ROBOTICS AS A SERVICE FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL ROBOTICS AS A SERVICE FOR DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL ROBOTICS AS A SERVICE FOR MEDIA & ENTERTAINMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL ROBOTICS AS A SERVICE FOR LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL ROBOTICS AS A SERVICE FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. NORTH AMERICAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
23. NORTH AMERICAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. NORTH AMERICAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
25. EUROPEAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. EUROPEAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
27. EUROPEAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
28. EUROPEAN ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
33. REST OF THE WORLD ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY SERVICE TYPE, 2021-2028 ($ MILLION)
35. REST OF THE WORLD ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
36. REST OF THE WORLD ROBOTICS AS A SERVICE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2021-2028 ($ MILLION)
1. GLOBAL ROBOTICS AS A SERVICE MARKET SHARE BY SERVICE TYPE, 2021 VS 2028 (%)
2. GLOBAL ROBOTICS AS A SERVICE FOR PERSONAL SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL ROBOTICS AS A SERVICE FOR PROFESSIONAL SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL ROBOTICS AS A SERVICE MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
5. GLOBAL ROBOTICS AS A SERVICE FOR INTRALOGISTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL ROBOTICS AS A SERVICE FOR MEDICAL APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL ROBOTICS AS A SERVICE FOR SURVEILLANCE AND SECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL ROBOTICS AS A SERVICE FOR FIELD ROBOTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ROBOTICS AS A SERVICE FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL ROBOTICS AS A SERVICE MARKET SHARE BY END-USERS, 2021 VS 2028 (%)
11. GLOBAL ROBOTICS AS A SERVICE FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL ROBOTICS AS A SERVICE FOR BFSI MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL ROBOTICS AS A SERVICE FOR FOOD & BEVERAGE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL ROBOTICS AS A SERVICE FOR IT & TELECOM MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL ROBOTICS AS A SERVICE FOR RETAIL MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL ROBOTICS AS A SERVICE FOR DEFENSE MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL ROBOTICS AS A SERVICE FOR MEDIA & ENTERTAINMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL ROBOTICS AS A SERVICE FOR LOGISTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL ROBOTICS AS A SERVICE FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL ROBOTICS AS A SERVICE MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. US ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
23. UK ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD ROBOTICS AS A SERVICE MARKET SIZE, 2021-2028 ($ MILLION)
