Robotics Spending to Reach $125.4 Billion in Asia-Pacific

Asia Pacific (excluding Japan) spending on robotics is forecast to reach $125.4 billion in 2022, tripling the total spending in 2017, with a compound annual growth rate (CAGR) of 25.7% from 2018 through 2022. APEJ is the largest market for robotics applications and will account for more than 62% of the world’s total robotics market in 2022.

via IDC