Social Robots Market Size to Grow by USD 1.10 bn from 2020 to 2025 | Technological Advances in Social Robots to Boost Market Growth | 17,000+ Technavio Research Reports

PR Newswire
Thursday, October 28, 2021 at 1:00am UTC

Social Robots Market Size to Grow by USD 1.10 bn from 2020 to 2025 | Technological Advances in Social Robots to Boost Market Growth | 17,000+ Technavio Research Reports

PR Newswire

NEW YORK, Oct. 27, 2021 /PRNewswire/ -- The "Social Robots Market by Component (Hardware, Software, and Services) and Geography (APAC, North America, Europe, MEA, and South America) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the social robots market between 2020 and 2025 is USD 1.10 bn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Drivers
  • Market Challenges

The technological advances in social robots and increasing government support for the development of advanced social robots are some of the key market drivers. However, factors such as high cost will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio, Read our FREE Sample Report right now!

The social robots market report is segmented by component (hardware, software, and services) and geography (APAC, North America, Europe, MEA, and South America). APAC will be the leading region with 36% of the market's growth during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for social robots in APAC.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

Some Companies Mentioned

    • BLUE FROG ROBOTICS SAS
    • Furhat Robotics AB
    • Hitachi Ltd.
    • Knightscope Inc.
    • Nippon Telegraph and Telephone Corp.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Social Robots Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14.43%

Market growth 2021-2025

USD 1.10 billion

Market structure

Fragmented

YoY growth (%)

13.10

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 36%

Key consumer countries

US, China, UK, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BLUE FROG ROBOTICS SAS, Furhat Robotics AB, Hitachi Ltd., Knightscope Inc., Nippon Telegraph and Telephone Corp., PAL Robotics SL, Savioke Inc., SoftBank Group Corp., and Ubtech Robotics Inc.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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Email:media@technavio.com
Website: www.technavio.com/

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