Key Findings
The cloud robotics Europe market is growing with 21.53% of CAGR during the estimated years of 2019-2027. The active adoption of cloud robotics in industrial, commercial, automotive and residential sectors and increased research and development activities are the major reasons responsible for the growth of the cloud robotics market in the Europe region. Moreover, the increased investments from small-to-medium enterprises (SMEs) in cloud robotics domain is also boosting the market strength in the region.

Market Insights
The Europe cloud robotics market report is studied on the basis of key countries, which include France, Germany, UK, Russia, Spain, Italy and rest of Europe. The region holds potential prospects for the market in the coming years, including rise in demand of factory automation, emergence of industry 4.0 and concurrent development of related technologies such as internet of things (IoT). The rising trend od IoT in Europe has risen the demand for connected home and devices, which is pushing the growth of the Europe residential and commercial cloud robotics market in the coming years.

Competitive Insights
Prime players operating in the cloud robotics market are Omron Adept Technologies, Inc., Intel Corporation, Amazon Robotics LLC, IBM Corporation, Softbank Robotics Group Corporations, Kuka AG, Aethon, Fetch Robotics, Inc., C2RO Cloud Robotics, Rapyuta Robotics Co. Ltd., Cloudminds, Huawei Technologies Co. Ltd., Cisco Systems, Inc., and Ortelio Ltd.