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The social robots market is forecasted to grow by USD 14.23 billion during 2023-2028, accelerating at a CAGR of 41.29% during the forecast period. The report on the social robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in adoption of social robots for elder population, increasing government support for development of advanced social robots, and preference for robots over traditional security methods.
The social robots market is segmented as below:
By Component
- Hardware
- Software
- Services
By End-user
- Healthcare
- Media and entertainment
- Education
- Retail
- Others
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the social robots market covers the following areas:
- Social robots market sizing
- Social robots market forecast
- Social robots market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global social robots market: Alphabet Inc., BLUE FROG ROBOTICS SAS, Diligent Robotics Inc., Engineered Arts Ltd., Furhat Robotics AB, Haapie SAS, Hitachi Ltd., Hyundai Motor Co., Intuition Robotics Ltd., Knightscope Inc., Kompai Robotics, Navel robotics GmbH, Nippon Telegraph and Telephone Corp., PAL Robotics, Relay Robotics Inc., SoftBank Group Corp., Sony Group Corp., Toyota Motor Corp., UBTECH Robotics Inc., and Yukai Engineering Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on enhancing battery life."
According to the report, one of the major drivers for this market is the rise in adoption of social robots for elder population.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- BLUE FROG ROBOTICS SAS
- Diligent Robotics Inc.
- Engineered Arts Ltd.
- Furhat Robotics AB
- Haapie SAS
- Hitachi Ltd.
- Hyundai Motor Co.
- Intuition Robotics Ltd.
- Knightscope Inc.
- Kompai Robotics
- Navel robotics GmbH
- Nippon Telegraph and Telephone Corp.
- PAL Robotics
- Relay Robotics Inc.
- SoftBank Group Corp.
- Sony Group Corp.
- Toyota Motor Corp.
- UBTECH Robotics Inc.
- Yukai Engineering Inc.