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Global Robotics as a Service (RaaS) Market to grow at a CAGR of 19.73% by 2018-2022

Global Robotics as a Service (RaaS) Market is projected to grow significantly in the forecast period owing to the high cost of deployment of robots. Deployment of robots requires huge initial one-time payment due to the equipment cost that comprises expensive sensors and software. Numerous end-users are adopting robotics as a service (RaaS) over deployment of robots due to the costly training of specialists. It encompasses maintenance charges in terms of upgrades, electricity and servicing.

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