the robots-as-a-service market is projected to reach $8.4 billion by 2030, at a CAGR of 16.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the rising use of RaaS in healthcare for efficient processes in clinical settings and surgical assistance, growing preference for RaaS over other automation software due to an increase in scalability & flexibility and reduced cost in the long run, and increasing adoption of RaaS in the manufacturing sector. In addition, increasing automation across various sectors such as hospitality and agriculture, rising focus on reducing human labor, and the emergence of Industry 5.0 are expected to offer significant opportunities for the growth of this market.
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