Tag: IoRT

  • Internet of robotic things market is likely to surpass $210 billion

    Internet of robotic things market is likely to surpass $210 billion

    The Internet of Robotic Things (IoRT) market is likely to surpass $210 billion amid demand for automation in the manufacturing and service sector, according to Future Market Insights. The IoRT market revenue was estimated at $21.4 billion in 2022 and is anticipated to grow at a compound annual growth rate of 25.6 percent from 2022…

  • What is the Internet of Robotic Things and What Can it Do?

    What is the Internet of Robotic Things and What Can it Do?

    The internet is a miracle on its own. According to statistics on internet usage, it has taken the world by storm. Then, the Internet of Things arrived to help humans connect smart devices and improve the functionality of homes and factories. Still, there’s more improvement to come. The ever-evolving robotics already merged with the IoT,…