Robot Market Could Hit $188 Billion By 2020

Jan 11th, 2017
Market researcher IDC sees estimates that commercial and industrial robots could become a $188 billion worldwide market by 2020. The estimate includes drones and robot-related services. John Santagate, research manager of supply chain at IDC Manufacturing Insights, said in a statement Tuesday, "This growth is really fueled by a combination of technology improvements, expanded use cases, and acceptance in the market.
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