Philippines Robot as a Service Market Size to Surpass US$ 918.8 Million by 2031, Exhibiting a CAGR of 17.4%: CoherentMI [Yahoo! Finance]
Knightscope, Inc. - Class A (KSCP)
Company Research
Source: Yahoo! Finance
It enables companies to utilize various types of robots for applications such as handling, processing, inspection, and collaboration, without having to purchase them. Burlingame, April 12, 2024 (GLOBE NEWSWIRE) -- CoherentMI published a report, titled, Philippines Robot as a Service Market is estimated to value at US$ 298.9 Million in the year 2024 and is anticipated to reach US$ 918.8 Million by 2031 , at a CAGR of 17.4% during forecast period 2024-2031. Market Dynamics: The Philippines Robot as a Service Market is driven by the increasing adoption of automation across various industries. Businesses are realizing the benefits of using robots as a service to streamline their operations, reduce costs, and improve efficiency. Additionally, the growing demand for advanced robotic solutions to address labor shortages and enhance productivity is further fueling the market growth. Market Report Scope: Report Coverage Details Study Period Base Year of Estimation CAGR Larg
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KSCP
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 10-K/A
- 4/26/24 - Form 8-K
- KSCP's page on the SEC website