China is the largest robotics (including drones) market in the world. It is expected to account for 38% of the global total in 2020, with a total expenditure of US$47.38 billion according to IDC.
By 2024, China will account for 44% of the global market. And, it will reach US$121.12 billion.
IDC believes that in the forecast period of 2020-2024, robotics will see higher expenditure. But, the growth rate of the drones market (5-year CAGR of 54.3%) is faster than that of robotics market (...
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