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IPFS News Link • Robots and Artificial Intelligence

Acceleration in projected growth of global robotics industry

• nextbigfuture.com Author: brian wang

IDC forecasted global spending on robotics and related services to grow at a compound annual growth rate (CAGR) of 17% from more than $71 billion in 2015 to $135.4 billion in 2019.

In 2017, IDC projected world robotics industry growing from $91.5 billion in 2016 to more than $188 billion in 2020.
 

2016 91 billion 2017 109 2018 131 2019 157 2020 188


2019 is projected to be 16% higher than the prior year projection.
The projected annual growth rate in robotics has increased from 17% to 20%.

The new spending guide measures purchases of robotic systems, system hardware, software, robotics-related services, and after-market robotics hardware on a regional level across thirteen key industries and fifty-two use cases.


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