The global Robot as a Service Market is estimated to be valued at US$ 22.61 Mn in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis

The Robot as a Service market is dominated by professional services segment. This segment provides services like system integration, installation, repair, maintenance and technical support services for robots. This service helps organizations in implementation and management of robots. It ensures proper functioning of robots which is a major concern for end users. Hence, this segment has captured major share in the RaaS market.

Key Takeaways

The Global Robot As A Service Market Demand  is expected to witness high growth. The global Robot as a Service Market is estimated to be valued at US$ 22.61 Mn in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023-2031.

Regional analysis related content comprises North America dominates the Robot as a Service market currently. The dominance is attributed to increased adoption of automation technologies across industries like healthcare, manufacturing, logistics etc in the region.

Key players related content comprises Key players operating in the Robot as a Service market are Pfizer Inc., F. Hoffmann-La Roche Ltd. Pfizer provides robotics solutions for healthcare sector allowing remote diagnosis and drug delivery. Roche focuses on surgical robots segment providing cost effective solutions to hospitals.

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