Social Robots Market Size Study, By Type, Application and Regional Forecasts 2029

Karan Maximize

Social Robots Market was estimated to be USD 3.17 Bn. in 2022. It is expected to reach 24.72 Bn. by 2029, registering a CAGR of 34.06% from 2023 to 2029.

Social Robots Market Overview

The most recent study from Maximize Market Research, covering the Global Social Robots Market for the years 2023 to 2029, offers insightful information about the competitive environment in the market. The study provides readers with a comprehensive and fundamental analysis of the market, diving into subjective components that might give them important business views. The research offers a thorough overview of the industry, including information on the applications, market size, geographical analysis, value chain structure, and forecasts for the years 2023 to 2029. This study acts as a reliable instrument for a more precise assessment of both the present and future state of the worldwide Social Robots market.

Social Robots Market Scope

In-depth company profiles, product specifications, production capacity, sales, revenue, pricing, gross margin, and product-specific sales are all included in the research study for the Social Robots market. Regarding competition analysis, the research presents profiles of significant market participants, providing a thorough picture of business overview, financial performance, product portfolio, and strategy. The research process uses tools like SWOT and PESTLE analysis to blend quantitative and qualitative methodologies. Additionally, the study highlights current market trends and offers information on anticipated demand, supply networks, sales, and recent changes in the competitive landscape.

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Social Robots Market Segmentation

1. Global Social Robots Market, by End User (2023-2029)

• Healthcare
• Education
• Entertainment
• Retail
• Others

The social robots market is divided into healthcare, education, entertainment, retail, and other sectors based on the end user. With the highest CAGR during the projection period, the healthcare segment will dominate the market. Healthcare settings are seeing an increase in the development, testing, and adoption of social robots. The need for mobility assistance devices is being driven by the rising population of the elderly and disabled worldwide. The World Health Organization (WHO) predicts that by 2020, there will be more adults aged 60 and older than children under the age of five. In addition, it is anticipated that the percentage of people over 60 in the world will nearly double, from 12% to 22%, between 2015 and 2050.

Key Players

1. Alphabet Inc.
2. Blue Frog Robotics
3. Dassault Systèmes
4. DFRobot
5. Furhat Robotics
6. Hanson Robotics
7. Hitachi, Ltd.
8. International Business Machines Corporation
9. Intuition Robotics
10.Knightscope, Inc
11.Reach Robotics
12.Uber Technologies, Inc.
13.UBTECH Robotics, Inc.

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Regional Analysis

The report provides an extensive analysis of the growth trajectory of the global Social Robots Market. It is segmented into five primary regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions hold significant influence and dominance in the global Social Robots market.

Key Questions answered in the Social Robots Market Report are:

  • What is Social Robots Market?
  • What is the forecast period of the Social Robots Market?
  • What is the competitive scenario of the Social Robots market?
  • Which region held the largest market share in the Social Robots Market?
  • What are the opportunities for the Social Robots Market?
  • What are the restraining factors in the Social Robots market?
  • Who are the key players of the Social Robots market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2023-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Social Robots #
  • Landscape- Leading key players and other prominent key players.

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