Ortelio leads Europe in cloud robotics according to a recent market study

The global cloud robotics market is expected to grow from USD 2.20 billion in 2017 to USD 7.51 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period, a recent market study by MarketsandMarkets.com found out. The market report includes a detailed analysis of the key industry players, where Ortelio Ltd appears as the only European based company in a total of 12 cloud robotics vendors worldwide. The report further segments the cloud robotics market comprehensively and provides the closest approximations of the revenue numbers for the overall market segments and subsegments across different regions.