Global Internet of Robotic Things Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Software;

Real Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring System and Network Bandwidth Management.

By Application;

Collaborative Industrial Robots and Service Sector.

By Platform;

Device Management Platform, Application Management Platform and Network Management Platform.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn371479248 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Internet of Robotic Things Market (USD Million), 2021 - 2031

In the year 2024, the Global Internet of Robotic Things Market was valued at USD 23,701.45 million. The size of this market is expected to increase to USD 147,128.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 29.8%.

The concept of the "Internet of Robotic Things" (IoRT) envisions a network of intelligent devices capable of observing events, aggregating sensor data, applying decision-making algorithms, and manipulating physical objects. Key technologies driving IoRT include the Industrial Internet of Things, cloud computing, artificial intelligence, digital twins, and distributed ledger technology. The widespread adoption of robotics across various sectors is anticipated to be a major growth catalyst for the market. Additionally, the proliferation of e-commerce platforms and enhanced data connectivity, especially in emerging economies, are expected to fuel market expansion. Furthermore, the education sector's increasing demand for robotics and the reduced time required for return on investment contribute to market growth. However, challenges such as limited technological expertise in underdeveloped regions, concerns about data security and interoperability, and high deployment costs may hinder market progress. Moreover, lengthy product development cycles could further slow the market's growth trajectory.

The internet of robotic things market experiences significant growth due to increased adoption in the e-commerce sector and the integration of new technologies for Industry 4.0. However, challenges such as costly research and development, maintenance, and lengthy product development processes pose constraints. Nevertheless, the rising deployment of robotics in education and healthcare presents promising opportunities for market expansion in the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Software
    2. Market Snapshot, By Application
    3. Market Snapshot, By Platform
    4. Market Snapshot, By Region
  4. Global Internet of Robotic Things Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Adoption of Automation
        2. Technological Advancements
        3. Increasing Demand for Data-driven Insights
      2. Restraints
        1. Security Concerns
        2. High Initial Investment Costs
        3. Technical Expertise
      3. Opportunities
        1. Growth in Emerging Economies
        2. Convergence with Other Technologies
        3. Rise ofCollaborative Robots (Cobots)
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Internet of Robotic Things Market, By Software, 2021 - 2031 (USD Million)
      1. Real Time Streaming Analytics
      2. Security Solution
      3. Data Management
      4. Remote Monitoring System
      5. Network Bandwidth Management
    2. Global Internet of Robotic Things Market, By Application, 2021 - 2031 (USD Million)
      1. Collaborative Industrial Robots
      2. Service Sector
    3. Global Internet of Robotic Things Market, By Platform, 2021 - 2031 (USD Million)
      1. Device Management Platform
      2. Application Management Platform
      3. Network Management Platform
    4. Global Internet of Robotic Things Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Amazon.Com, Inc. (U.S.)
      2. Fanuc Corporation (Japan)
      3. Irobot Corporation (U.S.)
      4. Kuka AG (Germany)
      5. ABB Ltd. (Switzerland)
  7. Analyst Views
  8. Future Outlook of the Market