Cloud Robotics Market Regional Analysis:
North America Market Insights
North America industry is predicted to hold largest revenue share of 34% by 2034. The notable presence of cloud service providers i.e., Amazon LLC, and Microsoft Corporation, huge deployment of AI in the industrial sector, and significantly increasing demand for advanced technologies i.e., machine learning, cloud computing, artificial intelligence, and IoT in the region. For instance, in North America, the overall number of industrial and consumer Internet of Things (IoT) connections is projected to reach approximately 5.6 billion by 2025. Whereas the number of IoT connections in the region reached 2.7 billion in 2019. Additionally, rising mobile technologies connect automated systems with controllers, and robots, and provide premium performance to the data centers in the communication infrastructure, creating growth opportunities in the cloud robotics market.
