Market overview

The Internet of Robotic Things Market is entering a high-growth phase as industries increasingly combine robotics, Internet of Things (IoT), artificial intelligence, advanced sensors, cloud connectivity and real-time analytics. According to Maximize Market Research, the global Internet of Robotic Things market was valued at approximately US$21.44 billion in 2022 and is expected to reach US$141.19 billion by 2029, registering a CAGR of 30.9% during 2023–2029.

The market is being propelled by increasing automation across manufacturing, automotive, electronics, logistics, e-commerce, healthcare and other industries. Growing investment in advanced production facilities, particularly in developing economies, is increasing the installation of connected robots capable of monitoring operations, exchanging data and responding to changing production conditions. The automotive industry remains a major demand generator because manufacturers are adopting robots to improve productivity, product quality and operational efficiency. Electronics manufacturing is another important application area, supported by the growing requirement for precision, speed and automated quality control.

The integration of next-generation sensors represents another important opportunity. Advanced sensors allow robots to collect environmental and operational data and support improved perception, predictive maintenance and autonomous decision-making. At the same time, the expansion of e-commerce is encouraging warehouse operators to deploy autonomous mobile robots, robotic picking systems and connected material-handling solutions. Healthcare, education, agriculture and service industries also represent emerging opportunities as robotic systems become more intelligent, affordable and easier to integrate.

U.S. Market Trends and Investment in 2025

The United States continued to be an important market for connected robotics and automation in 2025, supported by manufacturing modernization, warehouse automation, labor shortages and rising demand for AI-enabled machines. In May 2025, the International Federation of Robotics reported that U.S. automotive companies increased industrial robot installations by 10.7% to 13,700 units in 2024, demonstrating continued investment in automation.

Amazon provided one of the strongest examples of the convergence between robotics, AI and connected systems in 2025. In June 2025, Amazon announced that it had deployed its one millionth robot and introduced DeepFleet, a generative-AI foundation model designed to coordinate robotic movement and improve fleet travel efficiency by 10%. The technology illustrates how AI, real-time data and robotic fleets can be integrated into large-scale logistics operations.

Investment is also expanding beyond individual robotic machines toward intelligent ecosystems. Amazon's Industrial Innovation Fund has been established as a US$1 billion investment program supporting emerging technologies in warehouse automation, logistics and supply-chain innovation. These developments are expected to accelerate demand for IoRT platforms, sensors, software, connectivity and real-time analytics across the U.S. market.

Request To Free Sample of This Strategic Report ➤ https://www.maximizemarketresearch.com/request-sample/10779/ 

Market Segmentation: Largest-Market Segments

According to the Maximize Market Research assessment, North America held the largest regional market share in 2017, supported by increasing demand for automation, high-quality production, productivity improvements and labor-cost reduction. The report also identifies the device management platform as the leading platform segment in its historical analysis, reflecting the importance of managing and controlling connected robotic devices.

Among applications, service robots and collaborative industrial robots represent major areas of IoRT adoption. Within industries, automotive and electronics have historically represented significant users of industrial robotics, with the automotive industry accounting for approximately 42% of robot supply and electronics around 29% in the cited historical IFR data.

Competitive Analysis

The global IoRT competitive environment includes robotics manufacturers, automation providers, technology companies and IoT solution developers. Key companies identified by Maximize Market Research include ABB Ltd., FANUC Corporation, KUKA AG, Cisco Systems Inc. and Samsung Electronics Co., alongside Amazon, Intel, Robert Bosch, Yaskawa Electric, Honda, iRobot and others.

ABB Ltd. is strengthening its robotics portfolio through AI-enabled automation. In February 2025, ABB highlighted generative AI, 3D vision, force sensing and mobility as technologies that can make robots more versatile and autonomous. Later in September 2025, ABB Robotics invested in California-based LandingAI to integrate vision-AI capabilities into its robotics software, with the companies targeting significantly faster AI training and deployment.

FANUC Corporation continues to focus on connected and intelligent industrial automation. Its development of open platforms, including ROS 2 and Python support, is intended to make industrial robots easier to integrate with AI and cloud or edge computing environments. This open architecture can encourage wider adoption of Physical AI and connected robotic systems.

KUKA AG is increasing its emphasis on AI-based programming, human-robot collaboration and intelligent automation. KUKA reported €213.2 million in R&D expenditure in 2025, with research focused on AI-based programming, low-cost robotics, logistics and human-robot collaboration.

Cisco Systems Inc. contributes to the IoRT ecosystem through networking, connectivity, cybersecurity and edge technologies that enable connected devices and robots to exchange operational data securely. These capabilities are increasingly important as robotic fleets become interconnected across factories and logistics facilities.

Samsung Electronics Co. is increasing its exposure to robotics and AI. In 2025, Samsung was reported to be planning a US$10 million investment in robotics software company Skild AI, supporting the development of software for consumer robotics and strengthening the company's position in the emerging robotics ecosystem.

Regional Analysis

United States: The U.S. remains a major robotics market because of advanced manufacturing, automotive automation, logistics modernization and high technology adoption. In 2025, U.S. automotive robot installations continued to demonstrate strong automation investment.

United Kingdom: The UK market is supported by manufacturing modernization, logistics automation and government incentives for business investment. However, robot installations declined after the temporary boost associated with the previous super-deduction tax program.

Germany: Germany remains one of Europe's strongest robotics and industrial automation markets due to its large automotive and manufacturing base. Demand for connected robotics is supported by Industry 4.0 initiatives, smart factories and the need to maintain productivity amid labor shortages.

France: France's robotics market benefits from industrial modernization, automation investment and initiatives supporting digital transformation. Automotive, aerospace, food processing and logistics provide significant opportunities for IoRT adoption.

Japan: Japan remains a global robotics leader, supported by advanced manufacturing capabilities, an aging workforce and strong domestic robotics expertise. The country's automotive, electronics and precision-manufacturing sectors continue to create demand for intelligent robotic systems.

China: China represents one of the world's largest robotics markets and an increasingly important center for robotic manufacturing and deployment. High-volume industrial production, smart-factory development, e-commerce logistics and government-backed automation initiatives are supporting rapid adoption.

Request To Free Sample of This Strategic Report ➤ https://www.maximizemarketresearch.com/request-sample/10779/ 

Key Players

Key players operating in the Internet of Robotic Things market include:

• ABB Ltd.

• FANUC Corporation

• KUKA AG

• Cisco Systems Inc.

• Samsung Electronics Co.

• Amazon.com Inc.

• Intel Corporation

• Robert Bosch GmbH

• Yaskawa Electric Corporation

• Honda Motor Co. Ltd.

• iRobot Corporation

• Northrop Grumman Corporation

• Omron Adept Technologies

• Midea Group

• Bluefin Robotics Corporation

• Aethon Inc.

Conclusion

The Internet of Robotic Things market is positioned for substantial expansion as robotics moves from isolated, pre-programmed machines toward intelligent, connected and increasingly autonomous systems. The projected growth to US$141.19 billion by 2029 at a 30.9% CAGR highlights the scale of the opportunity.

In our view, the most significant growth opportunity will come from the convergence of generative AI, advanced sensors, edge computing, cloud connectivity, digital twins and autonomous robotics. The ability to connect robots and allow them to share real-time information will create new applications across factories, warehouses, healthcare facilities and service environments. Investments such as Amazon's AI-powered robotic fleet and ABB's vision-AI initiatives demonstrate how the industry is moving toward intelligent robotic ecosystems rather than standalone automation.

As labor shortages, e-commerce demand, manufacturing modernization and requirements for greater productivity continue, companies that develop secure, scalable and interoperable IoRT platforms are likely to capture significant opportunities. The combination of robotics with AI and IoT therefore represents a major technological pathway for the next generation of industrial and service automation.

About Maximize Market Research

Maximize Market Research Pvt. Ltd. (MMR) is a global market research and consulting company that provides reliable, data-focused, and practical business insights. The firm serves a wide range of industries, including healthcare, pharmaceuticals, technology, automotive, electronics, chemicals, personal care, and consumer goods. Through market forecasts, competitive analysis, strategic consulting, and industry impact assessments, MMR helps organizations understand changing market conditions, identify growth opportunities, and make informed business decisions for long-term success.

Contact Us

Maximize Market Research Pvt. Ltd.
2nd Floor, Navale IT Park Phase 3
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India
Phone: +91 9607365656
Email: sales@maximizemarketresearch.com