Global spending on robotics to reach $103 bn in 2018: Report
Global spending on robotics and drones is expected to grow 22.1% year-on-year to reach $103 billion in 2018, according to a report by International Data Corporation (IDC). The report also said the spending will more than double to $218.4 billion by 2021. Robotics spending will account for over 90% of all spending between 2017 and 2021, report added.