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Robot As A Service Market
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Robot As A Service Market

Home ICT Robot As A Service Market

Robot as a Service (RaaS) Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Product Type (Blinds, Shades, Louvers, Textiles); Geometry (Horizontal, Vertical, Egg-Crate); Mechanism (Fixed, Manual, Motorized); Material (Metal, Glass, Wood, Others); By Application (Residential, Commercial, Industrial); Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

  • Published Date: October 2022
  • Report ID: BWC22451
  • Available Format: PDF
  • Page: 144

Report Overview

An increasing high demand for robotic process automation (RPA) services from organization across countries, advancements in innovative technologies, such as edge artificial intelligence (AI), and increasing adoption of 5G telecommunication services could drive the expansion of Global Robot as a Service (RaaS) Market at a significant growth rate between 2022 and 2028.

Global Robot as a Service (RaaS) Market - Industry Trends & Forecast Report, 2028

Global Robot as a Service (RaaS) market size was estimated at USD 13.27 billion in 2021. During the forecast period between 2022 and 2028, the global RaaS market size is expected to expand at a high CAGR of 18.4% reaching a value of USD 43.16 billion by 2028. Advances in edge artificial intelligence (AI) processors and increasing adoption of 5G telecom services are poised to propel the market for service robots to new heights. Professional service robots with excellent performance and low power consumption might profit from it. In addition, leading breakthrough technology providers are working on enhanced, integrated, and complete designs for a variety of robotics solutions.

Robot as a Service Market

Global Robot as a Service (RaaS) Market - Industry Trends and Market Forecast

Machines' capacities are being expanded by technology advancements, which has enhanced their flexibility to execute various tasks in a short amount of time. Robotics have changed workflow operations in a variety of industries, including healthcare, logistics, defense, and agriculture. For example, physicians may now perform minimally invasive surgery because of the use of robots in the healthcare industry. Moreover, surgeons use these robots to make more accurate incisions or movements that are difficult to mimic with human hands. AI for data analysis, predictive analytics, vision recognition, and other technologies are included in such robots.

Global Robot as a Service (RaaS) Market

Growth Drivers

Increasing demand for professional robots from various sectors

The growing need for professional robots in several sectors is predicted to boost the worldwide robot as a service market expansion during the forecast period. This is due to the growing demand for automated operations across a wide range of professional fields. Due to an increase in the impact of human assistance tasks, reduction of work pressure, and support of maximum reliability in repetitive activities in industries, RaaS is gaining popularity. The RaaS market is growing due to high demand for RaaS to monitor, control, and manage other activities in the food and beverages, defense, logistics, and other manufacturing sectors. Increased automation in manufacturing facilities to boost productivity is expected to boost the growth of global RaaS market.

Restraints

High initial and maintenance costs

Service robots have a high annual maintenance cost, which limits firms' ability to invest, particularly small and medium-sized businesses. This is anticipated to stifle market expansion shortly. The market's growth is projected to be limited by organizations’ unwillingness to migrate from manual to automated operations. Companies are using RPA solutions all over the world to optimize business operations. However, a lack of understanding of the technology is preventing RaaS from being adopted. Within the next two to three years, professional service providers plan to use RPA technologies in their organizations.

Impact of COVID-19 on Global Robot as a Service (RaaS) Market

The spread of the COVID-19 pandemic had a massive economic impact, affecting manufacturing and a variety of other businesses. China's primary industrial hub is dramatically delaying many global corporate operations, with regional and global value chains feeling the effects. ABB, for example, is facing losses in a variety of businesses. The robotics and discrete automation businesses have seen a considerable year-over-year loss of more than 20%. During the COVID-19 phase, however, medical robots are gradually gained high demand.

Segmental Coverage

Global Robot as a Service (RaaS) Market – By Type

Global robot as a service (RaaS) Market by type is divided into Personal and Professional segments. The professional segment is a leader in global RaaS market by type and is expected to continue its dominance due the increasing demand for professional robots in various manufacturing and service industries. Meanwhile, the personal robots segment is expected to grow at a higher rate owing to the increasing demand for assistance robots from the rapidly aging world population.

Robot as a Service Market Share

Global Robot as a Service (RaaS) Market – By End User

Robots are increasingly used in various industries. By End User, global robot as a service (RaaS) market is segmented into IT & Telecom, Banking, Financial Services and Insurance (BFSI), Transportation & Logistics, Industrial, Media & Entertainment, Healthcare & Hospitality, Agriculture, and Others. In 2021, it was estimated that the Industrial end-user segment held the highest market share in global RaaS market and is expected to continue its dominance during the forecast period as well. Meanwhile, the Healthcare & Hospitality, and Transportation & Logistics end-user segments are expected to grow at a fast rate during the forecast period.

Global Robot as a Service (RaaS) Market – By Organization Size

Large Enterprises and Small and Medium-sized Enterprises are two segments in the global robot as a service (RaaS) market by organization size. The large enterprises segment holds and is expected to hold a higher market share in global RaaS market, as the segment is ready to invest high resources involved in employing robots. Meanwhile, the SMEs segment is expected to grow at a higher rate during the forecast period.

Regional Insights

Due to the rising demand for personal and professional robots in countries across the globe, Europe dominates the worldwide RaaS industry. Due to increased demand from areas such as defense, medical, logistics, and retail, Europe has the biggest concentration of manufacturers, at over 44%. Asia Pacific (APAC) was the second-largest market after Europe, and it is predicted to grow at the fastest rate. This is owing to increased industrial robot R&D effort, as well as increased government financing for robotics, automation, artificial intelligence, and other technologies. According to World Robotics 2018, North America is home to over 35% of service robot manufacturers, indicating that the market has room to grow.

Geographically, APAC holds a substantial share of the worldwide service robots market and is expected to continue to do so over the forecast period. During the period in analysis, Japan, which is a powerful robotics solution provider, is likely to increase its market share and develop its technological knowledge. RaaS’ other important regions include North America and Europe. This is due to the areas' early adoption of sophisticated technologies, which could contribute to market growth in the coming years.

Competitive Landscape

Aethon, Savioke, KnightScope, inVia Robotics, Locus Robotics, Cobalt Robotics, Beetl Robotics, Ronavi Robotics, Hirerobotics, HAHN RobShare, Doosan Robotics, and Cyberdyne are some of the major companies in global robot as a service (RaaS) market. To grab a large revenue share and grow their global reach, market participants are focusing on collaborations and the development of more advanced service robots.

Recent Developments

  • In July 2021 - ABB acquired ASTI Mobile Robotics Group to speed up the development of flexible automation that uses mobility devices. The acquisition helps in the expansion of the company's Robotics and Machine Automation solutions, allowing it to offer a distinctive automation portfolio and enter new markets.

  • In April 2021 - Panasonic Corporation released a new model of its Walk Instruction Robot, which is designed to assist older individuals with effective and safe walking training. In addition, the company offers hospitals, institutions, and other businesses a robot-assisted solution.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2018–2021

Base Year – 2021

Estimated Year – 2022

Forecast – 2022–2028

Facts Covered

Revenue in USD Billion

Market Coverage

North America (US, Canada), Europe (Germany, UK, France, Italy, Spain, The Netherlands, Belgium, NORDIC Countries, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, Peru, Colombia, Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Qatar, Kuwait, Iran, South Africa, Nigeria, Kenya, Egypt, Morocco, Algeria, Rest of Middle East & Africa)

Product/ Service Segmentation

Product Type, Geometry, Mechanism, Material, Application, Region

Key Players

Aethon, Savioke, KnightScope, inVia Robotics, Locus Robotics, Cobalt Robotics, Beetl Robotics, Ronavi Robotics, Hirerobotics, HAHN RobShare, Doosan Robotics, Cyberdyne

 

By Type

  • Professional Service

  • Personal Service

By End User

  • IT & Telecom

  • Banking, Financial Services and Insurance (BFSI)

  • Transportation & Logistics

  • Industrial

  • Media & Entertainment

  • Healthcare & Hospitality

  • Agriculture

  • Others

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)

  • Large Enterprises

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Robot as a Service Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Recent Development/Technological Advancement
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Robot as a Service Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Professional Service
        2. Personal Service
      2. By End User
        1. IT & Telecom
        2. Banking, Financial Services and Insurance (BFSI)
        3. Transportation & Logistics
        4. Industrial
        5. Media & Entertainment
        6. Healthcare & Hospitality
        7. Agriculture
        8. Others
      3. By Organization Size
        1. Small and Medium Enterprises
        2. Large Enterprises
      4. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Latin America
        5. Middle East and Africa
  6. North America Robot as a Service Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By End User
      3. By Organization Size
      4. By Country
        1. United States
        2. Canada
  7. Europe Robot as a Service Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By End User
      3. By Organization Size
      4. By Country
        1. Germany
        2. UK
        3. Italy
        4. France
        5. Spain
        6. The Netherlands
        7. Belgium
        8. NORDIC Countries
        9. Rest of Europe
  8. Asia Pacific Robot as a Service Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By End User
      3. By Organization Size
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Singapore
        9. Philippines
        10. Vietnam
        11. Rest of APAC
  9. Latin America Robot as a Service Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By End User
      3. By Organization Size
      4. By Country
        1. Brazil
        2. Mexico
        3. Argentina
        4. Peru
        5. Colombia
        6. Rest of LATAM
  10. Middle East and Africa Robot as a Service Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By End User
      3. By Organization Size
      4. By Country
        1. South Africa
        2. Saudi Arabia
        3. UAE
        4. Qatar
        5. Kuwait
        6. Israel
        7. Turkey
        8. Nigeria
        9. Egypt
        10. Algeria
        11. Morocco
        12. Rest of MEA
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share/Ranking Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Competitive Benchmarking, By Product Offering
    5. Key Strategic Developments
  12. Impact of COVID on Global Robot as a Service Market
    1. Future Impact
    2. Key Developments during COVID-19
    3. Impact on Market
      1. Different Scenario
      2. Impact on Companies
      3. Impact on the Global Market
  13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook) *
    1. Aethon
    2. Savioke
    3. KnightScope
    4. inVia Robotics
    5. Locus Robotics
    6. Cobalt Robotics
    7. Beetl Robotics
    8. Ronavi Robotics
    9. Hirerobotics
    10. HAHN RobShare
    11. Doosan Robotics
    12. Cyberdyne
    13. Other prominent players
  14. Key Strategic Recommendations

*Financial details of unlisted companies will be available as per data availability in final deliverable

**The segmentation and the companies are subject to modifications based on in-depth secondary for the final deliverable

 

List of Figure

Figure 1        Global Robot as a Service Market Segmentation

Figure 2        Global Robot as a Service Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 5        Global Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 7        Global Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 8        Global Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 9        Global Robot as a Service Market Share, By Region, By Value, 2018–2028

Figure 10       North America Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 11       North America Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 13       North America Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 14       North America Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 15       North America Robot as a Service Market Share, By Country, By Value, 2018–2028

Figure 16       United States Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 18       United States Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 19       United States Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 20       United States Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 21       Canada Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 23       Canada Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 24       Canada Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 25       Canada Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 26       Europe Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 27       Europe Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 29       Europe Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 30       Europe Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 31       Europe Robot as a Service Market Share, By Country, By Value, 2018–2028

Figure 32       Germany Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 34       Germany Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 35       Germany Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 36       Germany Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 37       UK Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 39       UK Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 40       UK Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 41       UK Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 42       Italy Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 44       Italy Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 45       Italy Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 46       Italy Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 47       France Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 49       France Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 50       France Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 51       France Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 52       Spain Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 54       Spain Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 55       Spain Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 56       Spain Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 57       The Netherlands Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 59       The Netherlands Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 60       The Netherlands Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 61       The Netherlands Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 62       Belgium Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 64       Belgium Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 65       Belgium Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 66       Belgium Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 67       NORDIC Countries Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 69       NORDIC Countries Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 70       NORDIC Countries Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 71       NORDIC Countries Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 72       Rest of Europe Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 74       Rest of Europe Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 75       Rest of Europe Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 76       Rest of Europe Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 77       Asia Pacific Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 78       Asia Pacific Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 80       Asia Pacific Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 81       Asia Pacific Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 82       Asia Pacific Robot as a Service Market Share, By Country, By Value, 2018–2028

Figure 83       China Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 85       China Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 86       China Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 87       China Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 88       India Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 90       India Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 91       India Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 92       India Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 93       Japan Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 95       Japan Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 96       Japan Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 97       Japan Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 98       South Korea Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 100     South Korea Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 101     South Korea Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 102     South Korea Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 103     Australia & New Zealand Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 105     Australia & New Zealand Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 106     Australia & New Zealand Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 107     Australia & New Zealand Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 108     Indonesia Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 110     Indonesia Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 111     Indonesia Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 112     Indonesia Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 113     Malaysia Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 115     Malaysia Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 116     Malaysia Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 117     Malaysia Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 118     Singapore Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 120     Singapore Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 121     Singapore Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 122     Singapore Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 123     Philippines Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 125     Philippines Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 126     Philippines Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 127     Philippines Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 128     Vietnam Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 130     Vietnam Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 131     Vietnam Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 132     Vietnam Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 133     Rest of Asia Pacific Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 135     Rest of Asia Pacific Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 136     Rest of Asia Pacific Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 137     Rest of Asia Pacific Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 138     Latin America Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 139     Latin America Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 141     Latin America Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 142     Latin America Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 143     Latin America Robot as a Service Market Share, By Country, By Value, 2018–2028

Figure 144     Brazil Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 146     Brazil Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 147     Brazil Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 148     Brazil Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 149     Mexico Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 151     Mexico Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 152     Mexico Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 153     Mexico Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 154     Argentina Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 156     Argentina Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 157     Argentina Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 158     Argentina Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 159     Peru Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 161     Peru Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 162     Peru Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 163     Peru Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 164     Colombia Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 166     Colombia Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 167     Colombia Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 168     Colombia Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 169     Rest of Latin America Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 171     Rest of Latin America Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 172     Rest of Latin America Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 173     Rest of Latin America Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 174     Middle East and Africa Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 175     Middle East and Africa Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 177     Middle East and Africa Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 178     Middle East and Africa Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 179     Middle East and Africa Robot as a Service Market Share, By Country, By Value, 2018–2028

Figure 180     Saudi Arabia Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 182     Saudi Arabia Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 183     Saudi Arabia Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 184     Saudi Arabia Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 185     UAE Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 187     UAE Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 188     UAE Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 189     UAE Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 190     Qatar Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 192     Qatar Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 193     Qatar Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 194     Qatar Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 195     Kuwait Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 197     Kuwait Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 198     Kuwait Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 199     Kuwait Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 200     Israel Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 202     Israel Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 203     Israel Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 204     Israel Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 205     South Africa Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 207     South Africa Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 208     South Africa Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 209     South Africa Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 210     Nigeria Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 212     Nigeria Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 213     Nigeria Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 214     Nigeria Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 215     Turkey Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 217     Turkey Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 218     Turkey Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 219     Turkey Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 220     Egypt Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 222     Egypt Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 223     Egypt Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 224     Egypt Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 225     Morocco Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 227     Morocco Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 228     Morocco Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 229     Morocco Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 230     Algeria Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 232     Algeria Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 233     Algeria Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 234     Algeria Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

Figure 235     Rest of Middle East and Africa Robot as a Service Market Size, By Value (USD Billion), 2018–2028

Figure 236     Rest of Middle East and Africa Robot as a Service Market Share, By Type, By Value, 2018–2028

Figure 237     Rest of Middle East and Africa Robot as a Service Market Share, By End User, By Value, 2018–2028

Figure 238     Rest of Middle East and Africa Robot as a Service Market Share, By Organization Size, By Value, 2018–2028

 

List of Tables

Table 1         Global Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 2         Global Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 3         Global Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 4         North America Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 5         North America Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 7         North America Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 8         North America Robot as a Service Market Size, By Country, By Value, 2018–2028

Table 9         United States Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 10        United States Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 11        United States Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 13        Canada Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 14        Canada Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 15        Canada Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 16        Europe Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 18        Europe Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 19        Europe Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 20        Europe Robot as a Service Market Size, By Country, By Value, 2018–2028

Table 21        Germany Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 23        Germany Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 24        Germany Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 25        UK Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 26        UK Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 27        UK Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 29        Italy Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 30        Italy Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 31        Italy Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 32        France Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 33        France Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 34        France Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 35        Spain Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 36        Spain Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 37        Spain Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 38        The Netherlands Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 39        The Netherlands Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 40        The Netherlands Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 41        Belgium Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 42        Belgium Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 43        Belgium Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 44        NORDIC Countries Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 45        NORDIC Countries Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 46        NORDIC Countries Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 47        Rest of Europe Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 48        Rest of Europe Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 49        Rest of Europe Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 50        Asia Pacific Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 51        Asia Pacific Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 52        Asia Pacific Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 53        Asia Pacific Robot as a Service Market Size, By Country, By Value, 2018–2028

Table 54        China Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 55        China Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 56        China Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 57        India Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 58        India Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 59        India Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 60        Japan Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 61        Japan Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 62        Japan Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 63        South Korea Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 64        South Korea Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 65        South Korea Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 66        Australia & New Zealand Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 67        Australia & New Zealand Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 68        Australia & New Zealand Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 69        Indonesia Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 70        Indonesia Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 71        Indonesia Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 72        Malaysia Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 73        Malaysia Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 74        Malaysia Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 75        Singapore Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 76        Singapore Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 77        Singapore Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 78        Philippines Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 79        Philippines Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 80        Philippines Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 81        Vietnam Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 82        Vietnam Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 83        Vietnam Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 84        Rest of Asia Pacific Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 85        Rest of Asia Pacific Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 86        Rest of Asia Pacific Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 87        Latin America Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 88        Latin America Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 89        Latin America Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 90        Latin America Robot as a Service Market Size, By Country, By Value, 2018–2028

Table 91        Brazil Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 92        Brazil Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 93        Brazil Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 94        Mexico Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 95        Mexico Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 96        Mexico Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 97        Argentina Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 98        Argentina Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 99        Argentina Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 100      Peru Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 101      Peru Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 102      Peru Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 103      Colombia Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 104      Colombia Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 105      Colombia Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 106      Rest of Latin America Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 107      Rest of Latin America Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 108      Rest of Latin America Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 109      Middle East and Africa Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 110      Middle East and Africa Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 111      Middle East and Africa Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 112      Middle East and Africa Robot as a Service Market Size, By Country, By Value, 2018–2028

Table 113      Saudi Arabia Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 114      Saudi Arabia Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 115      Saudi Arabia Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 116      UAE Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 117      UAE Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 118      UAE Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 119      Qatar Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 120      Qatar Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 121      Qatar Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 122      Kuwait Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 123      Kuwait Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 124      Kuwait Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 125      Israel Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 126      Israel Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 127      Israel Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 128      South Africa Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 129      South Africa Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 130      South Africa Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 131      Nigeria Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 132      Nigeria Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 133      Nigeria Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 134      Turkey Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 135      Turkey Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 136      Turkey Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 137      Egypt Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 138      Egypt Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 139      Egypt Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 140      Morocco Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 141      Morocco Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 142      Morocco Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 143      Algeria Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 144      Algeria Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 145      Algeria Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 146      Rest of Middle East and Africa Robot as a Service Market Size, By Type, By Value, 2018–2028

Table 147      Rest of Middle East and Africa Robot as a Service Market Size, By End User, By Value, 2018–2028

Table 148      Rest of Middle East and Africa Robot as a Service Market Size, By Organization Size, By Value, 2018–2028

Table 149      Aethon Company Overview

Table 150      Aethon Financial Overview

Table 151      Savioke Company Overview

Table 152      Savioke Financial Overview

Table 153      KnightScope Company Overview

Table 154      KnightScope Financial Overview

Table 155      inVia Robotics Company Overview

Table 156      inVia Robotics Financial Overview

Table 157      Locus Robotics Company Overview

Table 158      Locus Robotics Financial Overview

Table 159      Cobalt Robotics Company Overview

Table 160      Cobalt Robotics Financial Overview

Table 161      Beetl Robotics Company Overview

Table 162      Beetl Robotics Financial Overview

Table 163      Ronavi Robotics Company Overview

Table 164      Ronavi Robotics Financial Overview

Table 165      Hirerobotics Company Overview

Table 166      Hirerobotics Financial Overview

Table 167      HAHN RobShare Company Overview

Table 168      HAHN RobShare Financial Overview

Table 169      Doosan Robotics Company Overview

Table 170      Doosan Robotics Financial Overview

Table 171      Cyberdyne Company Overview

Table 172      Cyberdyne Financial Overview

Market Segmentation

By Type

  • Professional Service

  • Personal Service

By End User

  • IT & Telecom

  • Banking, Financial Services and Insurance (BFSI)

  • Transportation & Logistics

  • Industrial

  • Media & Entertainment

  • Healthcare & Hospitality

  • Agriculture

  • Others

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)

  • Large Enterprises

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

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Frequently Asked Questions (FAQs):

Ans: Major factors driving the growth of Global Robot as a Service (RaaS) Market include growing adoption of emerging technologies such as edge artificial intelligence (AI) and 5G and companies’ increasing focus on operational efficiency.
Ans: Global Robot as a Service (RaaS) Market size reached USD 13.27 billion in 2021.
Ans: Key players in Global Robot as a Service (RaaS) Market include Aethon, Savioke, KnightScope, inVia Robotics, Locus Robotics, Cobalt Robotics, Beetl Robotics, Ronavi Robotics, Hirerobotics, HAHN RobShare, Doosan Robotics, and Cyberdyne.
Ans: The large enterprises segment accounted for a higher share in the Global Robot as a Service (RaaS) Market by organization size in 2021.
Ans: Currently, Europe holds the highest share in Global Robot as a Service (RaaS) Market. 
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