The Robotics As A Service (RaaS) Global Market Report 2023, provides comprehensive information on the robotics as a service (raas) market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.



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The global robotics as a service (RaaS) market is expected to grow from $16.66 billion in 2022 to $19.77 billion in 2023 at a compound annual growth rate (CAGR) of 18.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The robotics as a service (RaaS) market is expected to reach $38.81 billion in 2027 at a CAGR of 18.4%.


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Technological innovations are a key trend gaining popularity in the robotics as a service (RaaS) market. Major companies operating in the robotics as a service (RaaS) market are adopting new technologies to sustain their position in the market. For instance, in April 2021, Panasonic Holdings Corporation, a Japan-based electrical, appliance, and electronics manufacturing company, launched a mass-production model of its walk-training robot, which is intended to provide safe and efficient walk training for older persons who are afraid to walk due to physical depression or previous falls. With mass-production technology, Panasonic offers a service utilizing the robot for care homes, hospitals, and other institutions to assist with constant walking training for the elderly.

The robotics as a service (raas) market is segmented:
1) By Type: Professional, Personal

2) By Application: Handling, Assembling, Dispensing, Processing, Welding And Soldering, Other Applications

3) By End User: Agriculture, Inspection And Maintenance, Healthcare, Search And Rescue, Hospitality, Professional Cleaning, Gardening, Transport And Logistics, Other End Users

Asia-Pacific was the largest region in the robotics as a service (raas) market in 2022.

The table of contents in TBRC’s robotics as a service (raas) market report includes:
1. Executive Summary
2. Robotics As A Service (RaaS) Market Characteristics
3. Robotics As A Service (RaaS) Market Trends And Strategies
4. Robotics As A Service (RaaS) Market - Macro Economic Scenario
5. Global Robotics As A Service (RaaS) Market Size and Growth
..........
32. Global Robotics As A Service (RaaS) Market Competitive Benchmarking
33. Global Robotics As A Service (RaaS) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Robotics As A Service (RaaS) Market
35. Robotics As A Service (RaaS) Market Future Outlook and Potential Analysis
36. Appendix
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