An exclusive model known as Robotics as a Service (Raas) is a combination of robotics, AI, cloud computing and shared services. With RaaS, clients don’t really need to purchase an integrated solution, instead they can lease the robotic devices as a cloud based service.
RaaS provides Facility of an integrated solution rather than clients need to buy so that they can lease the robotics of their need as a cloud based service. RaaS lets businesses store data that are collected by the robots on the cloud. Data stored by robots are stacked in a centrally stored cloud based system and accessible to humans thus ensuring multitasking, seamless data and process flow.
Latest business model Robotics-As-A-Service (RaaS) where robots are given as a service rather than as product so as to manage companies most manual, ordinary, monotonous, or lethal errands across numerous sites. Organizations that cannot invest in robots can leverage the power of robotics by renting and subscribing as it offers cost affordability, accessibility and feasibility.
RaaS model provides vastly flexible business solutions with a variety of tasks and options. RaaS can be used as lease-purchase or rental options depending on the requirements of clients. Robots helps organizations to improve their productivity by completing more work in a shorter time through the use of virtual agents.Leasing robots on a monthly or yearly basis reduces the upfront cost dramatically thus allowing manufacturers to invest in otherwise overtly expensive automation, without the need to break the bank.As the robot are leased, the obligation and expenditure of repairing the robot are handled by the robot provider.
Robotics as a Service Model is intensively used in the automotive industry but there is an increase in the adoption of this model in various industries like Manufacturing, Defense, Agriculture, Security & Surveillance, Logistics, Warehouse Automation, Delivery, Healthcare, Hospitality, Retail, Construction, Entertainment & Leisure and Miscellaneous but the two of the fastest growing industries that are turning to RaaS are healthcare and manufacturing.
In this report, the global Robotics as a Service (RaaS) market is expected to cross USD 40 billion by the end of 2026, growing at a CAGR of more than 23% between 2016 and 2026. The report gives a comprehensive overview of the global market scenario after evaluating the available data and market trends. This study performs a thorough examination of the available data to predict the prospective market growth in the forecast period. The study examines historical data collected from the years 2016 and 2017 and considers 2018 as the base year to project the growth of the industry until the year 2026. It performs a detailed analysis of the market size, share, demand, trends, revenue, and sales to track the development of the industry through the years.
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This 265-page Robotics as a Service (RaaS) market report examines the Robotics as a Service (RaaS) market in detail and provides market sizing & outlook by technology and by region until 2026. The report also highlights key use cases, leading industry suppliers, adoption strategies, detailed case studies, disruptive trends, and other insights related to Robotics as a Service (RaaS).
Top key vendors in Robotics as a Service (RaaS) Market are:Cobalt Robotics, Glomatriz, Sofigate, Aethon, PrecisionHawk, Bossa Nova, Fetch Robotics, Fellow Robots, Hirebotics, Knightscope, Kraken Robotics, Liquid Robotics, Locus Robotics, Marble, 6 River Systems, Sarcos Robotics, Savioke, Starship Technologies, The Small Robot Company, RedZone, inVia Robotics
A quick look at the industry trends and opportunities
All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Robotics as a Service (RaaS) market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Robotics as a Service (RaaS) market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.
The study evaluates the ever-changing industry dynamics that are expected to affect the trajectory of the overall market. Our expert analysts scrutinize the historical trends in the market and compare it to the contemporary market trends, to estimate the trajectory that the market might follow in the forecast period. For an in-depth discussion regarding the global Robotics as a Service (RaaS) market, analysts segment the market parameters based on the application, product, and end-users.
On the basis of Type, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into
- Personal service robots
- Professional service robots
On the basis of the Technology, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Cloud computing
On the basis of End user, this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into
- Security & Surveillance
- Warehouse Automation
- Entertainment & Leisure
- Miscellaneous (Oil & Gas, Oceanography, Recycling, Wastewater Management etc.’)
On the basis of the Location of Deployment, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Robotics as a cloud service
- Robots on rental
Why Choose Robotics-As-A-Service (RaaS)
- Control centre for allocating resources
- Improve productivity at minimal costs
- Enables a smarter business network
- Flexible and scalable solution
- Measure performance & iterate
- Cost-sharing between companies
- Choice between pay per use & fixed prices
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Key points from TOC
3 Company (Top Players) Profiles
3.1 Cobalt Robotics
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Robotics as a Service (RaaS) Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Robotics as a Service (RaaS) Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Robotics as a Service (RaaS) Revenue (Value) (2014-2019)
3.3.5 Recent Developments
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