The global market for robotics continues to show impressive growth, according to a recently published BCC Research report: Robotics: Technologies and Global Markets.
In 2018, the global market for robotics was worth $38.1 billion. BCC Research estimates that this market will grow to $64.0 billion by 2023, indicating a compound annual growth rate (CAGR) of 10.9%.
The Asia-Pacific region is the largest in the robotics technologies market, accounting for 32% of the global total.
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