Market Research

Market Research: Global Robotics and IoT Landscape

The global robotics market is experiencing explosive growth, driven by advancements in AI, automation, and IoT integration across industries such as manufacturing, healthcare, agriculture, and logistics. As of 2025, the market is valued at approximately $50.8 billion, projected to expand at a compound annual growth rate (CAGR) of over 15% through 2029, reaching $190-375 billion by 2035.¹ This surge is fueled by labor shortages (projected to impact 85 million jobs globally by 2025), rising demand for efficient supply chains, and the push for sustainable operations. Industrial robotics leads with installations valued at $16.5 billion in 2024, but service robotics (encompassing consumer, medical, and logistics applications) is emerging as the dominant segment, accounting for $40.58 billion in 2025 and growing at a CAGR of 17-22% through 2032.

Within this landscape, the DIY and modular robotics segment is gaining traction as a gateway for hobbyists, educators, and small enterprises. Valued at around $10.46 billion in 2024, it is expected to reach $16.97-26.13 billion by 2028-2030, with a CAGR of 13.8-16.5%. This growth is propelled by affordable components and rising interest in customizable solutions for personal and educational use. However, challenges persist: High entry barriers for non-experts and limited monetization options slow broader adoption.

IoT integration is a key accelerator, with over 19.8 billion connected devices in 2025, influencing $1.1 trillion in global spending. Yet, security remains a critical hurdle. Over 50% of IoT devices have exploitable vulnerabilities, and one in three data breaches involves IoT endpoints, costing organizations an average of $4.88 million per incident in 2024. Centralized systems exacerbate these risks, creating single points of failure amid rising attacks (e.g., 88% of breaches involve stolen credentials).

Blockchain technology in Robotics and IoT: Blockchain technology is emerging as a transformative force in robotics and IoT, addressing decentralization, security, and tokenized incentives. The blockchain-IoT market is valued at $1.2-1.32 billion in 2025, projected to skyrocket to $74-89 billion by 2034 at a CAGR of 40-48%. Early adopters are leveraging it for secure data sharing, immutable IP protection, and decentralized compute marketplaces, validating models like Robora’s.

Key Insight: Currently, no existing platform effectively combines the modular design of hardware, seamless on-chain compute access, and tokenized economic models in a singular, user-friendly, cohesive framework. Robora has emerged as the pioneer in this space, filling a crucial gap with its comprehensive and integrated offering. This unique approach positions Robora as a frontrunner in the evolving landscape of robotics innovation.