The Robotic segment is not something I have ever thought about, so my knowledge is zilch. Your point is IMO spot on, it is a segment that has been limited to the Industrial Market (i.e. manufacturing).  But it is now gaining steam in a whole lot of different segments. It will eventually be huge.  As you well point out, IoT will be a big enabler as has been GPS for self-driving cars, which essentially are mobile robots.  The drone industry has also benefited from GPS and can also be viewed as a place where robotics will continue to play a big part, ditto for medical (i.e. robotic surgeries).  It will be huge, but there is also the consideration of:  How soon, is this an investment that is ready to take off or will it be a decade or two before it happens in such a scale?

In the meantime, the question of where is it making an impact and driving profits in an existing market segment today?