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North America Cloud Robotics Market Size, Share & Trends Analysis Report By Component (Software and Service), By Robot Type, By Enterprise Size, By Service Model (SaaS, PaaS, and IaaS), By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 135 Pages
  • December 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6033771
The North America Cloud Robotics Market is expected to witness market growth of 24.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Cloud Robotics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $10.35 billion by 2031. The Canada market is experiencing a CAGR of 26.8% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 25.9% during 2024-2031.



Cloud robotics refers to integrating cloud computing technologies with robotics, enabling robots to process data and perform tasks by leveraging cloud-based resources rather than relying solely on local computing power. This field transforms the robotics landscape by making robots smarter, more versatile, and cost-effective. The cloud robotics market is witnessing rapid growth, driven by advancements in cloud computing, the increasing demand for automation across industries, and the growing need for scalable and flexible solutions.

In addition, cloud robotics has a wide range of applications across various industries. Cloud robotics transforms manufacturing by improving production efficiency, quality control, and predictive maintenance. Robots powered by cloud technology can work in sync with other machines on the factory floor, collect and analyze data in real time, and adapt to changing conditions without human intervention. For example, robotic arms on production lines can be monitored and reprogrammed remotely through cloud interfaces, allowing manufacturers to optimize processes dynamically.

In Mexico, the rapid growth of e-commerce, with 63 million users in 2022, is fueling the need for logistics automation. Cloud robotics improves inventory management, order fulfillment, and autonomous delivery systems. The need for scalable and effective automation solutions will fuel the expansion of the cloud robotics market in Mexico as the e-commerce industry grows. In conclusion, the technological advancements in Canada’s aerospace sector and Mexico’s e-commerce industry, supported by government initiatives, are driving the adoption of cloud robotics.

List of Key Companies Profiled

  • Kuka AG (Midea Group Co., Ltd.)
  • Hyundai Motor Company
  • SoftBank Robotics Group (SoftBank Group Corporation)
  • ABB Group
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Siemens AG
  • CloudMinds Technology Inc.
  • IBM Corporation
  • Rockwell Automation Inc.

Market Report Segmentation

By Component
  • Software
  • Service
By Robot Type
  • Industrial Robots
  • Service Robots
By Enterprise Size
  • Large Enterprises
  • SMEs
By Service Model
  • SaaS
  • PaaS
  • IaaS
By Vertical
  • Manufacturing
  • Logistics
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment
  • Other Vertical
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Robotics Market, by Component
1.4.2 North America Cloud Robotics Market, by Robot Type
1.4.3 North America Cloud Robotics Market, by Enterprise Size
1.4.4 North America Cloud Robotics Market, by Service Model
1.4.5 North America Cloud Robotics Market, by Vertical
1.4.6 North America Cloud Robotics Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 The Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. North America Cloud Robotics Market by Component
5.1 North America Software Market by Region
5.2 North America Service Market by Region
Chapter 6. North America Cloud Robotics Market by Robot Type
6.1 North America Industrial Robots Market by Region
6.2 North America Service Robots Market by Region
Chapter 7. North America Cloud Robotics Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America SMEs Market by Country
Chapter 8. North America Cloud Robotics Market by Service Model
8.1 North America SaaS Market by Country
8.2 North America PaaS Market by Country
8.3 North America IaaS Market by Country
Chapter 9. North America Cloud Robotics Market by Vertical
9.1 North America Manufacturing Market by Country
9.2 North America Logistics Market by Country
9.3 North America Healthcare Market by Country
9.4 North America Aerospace & Defense Market by Country
9.5 North America Media & Entertainment Market by Country
9.6 North America Other Vertical Market by Country
Chapter 10. North America Cloud Robotics Market by Country
10.1 US Cloud Robotics Market
10.1.1 US Cloud Robotics Market by Component
10.1.2 US Cloud Robotics Market by Robot Type
10.1.3 US Cloud Robotics Market by Enterprise Size
10.1.4 US Cloud Robotics Market by Service Model
10.1.5 US Cloud Robotics Market by Vertical
10.2 Canada Cloud Robotics Market
10.2.1 Canada Cloud Robotics Market by Component
10.2.2 Canada Cloud Robotics Market by Robot Type
10.2.3 Canada Cloud Robotics Market by Enterprise Size
10.2.4 Canada Cloud Robotics Market by Service Model
10.2.5 Canada Cloud Robotics Market by Vertical
10.3 Mexico Cloud Robotics Market
10.3.1 Mexico Cloud Robotics Market by Component
10.3.2 Mexico Cloud Robotics Market by Robot Type
10.3.3 Mexico Cloud Robotics Market by Enterprise Size
10.3.4 Mexico Cloud Robotics Market by Service Model
10.3.5 Mexico Cloud Robotics Market by Vertical
10.4 Rest of North America Cloud Robotics Market
10.4.1 Rest of North America Cloud Robotics Market by Component
10.4.2 Rest of North America Cloud Robotics Market by Robot Type
10.4.3 Rest of North America Cloud Robotics Market by Enterprise Size
10.4.4 Rest of North America Cloud Robotics Market by Service Model
10.4.5 Rest of North America Cloud Robotics Market by Vertical
Chapter 11. Company Profiles
11.1 Kuka AG (Midea Group Co., Ltd.)
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent Strategies and Developments
11.1.5.1 Product Launches and Product Expansions
11.1.6 SWOT Analysis
11.2 Hyundai Motor Company
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent Strategies and Developments
11.2.5.1 Acquisition and Mergers
11.2.6 SWOT Analysis
11.3 SoftBank Robotics Group (SoftBank Group Corporation)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Recent Strategies and Developments
11.3.3.1 Partnerships, Collaborations, and Agreements
11.3.3.2 Product Launches and Product Expansions
11.3.4 SWOT Analysis
11.4 ABB Group
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent Strategies and Developments
11.4.5.1 Acquisition and Mergers
11.4.6 SWOT Analysis
11.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental Analysis
11.5.4 Recent Strategies and Developments
11.5.4.1 Partnerships, Collaborations, and Agreements
11.5.4.2 Product Launches and Product Expansions
11.5.5 SWOT Analysis
11.6 Microsoft Corporation
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent Strategies and Developments
11.6.5.1 Partnerships, Collaborations, and Agreements
11.6.6 SWOT Analysis
11.7 Siemens AG
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.7.5 Recent Strategies and Developments
11.7.5.1 Partnerships, Collaborations, and Agreements
11.7.6 SWOT Analysis
11.8 CloudMinds Technology Inc.
11.8.1 Company Overview
11.9 IBM Corporation
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Regional & Segmental Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent Strategies and Developments
11.9.5.1 Partnerships, Collaborations, and Agreements
11.9.5.2 Acquisition and Mergers
11.9.6 SWOT Analysis
11.10. Rockwell Automation, Inc.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 Recent Strategies and Developments
11.10.5.1 Partnerships, Collaborations, and Agreements
11.10.6 SWOT Analysis

Companies Mentioned

  • Kuka AG (Midea Group Co., Ltd.)
  • Hyundai Motor Company
  • SoftBank Robotics Group (SoftBank Group Corporation)
  • ABB Group
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Siemens AG
  • CloudMinds Technology Inc.
  • IBM Corporation
  • Rockwell Automation Inc.

Methodology

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