Press release
Social Robots Market branch of computer science that deal with writing computer programs Forecasts To 2019 – 2027
Social robots can efficiently function at the work place such as a telepresence representative at a business meeting or companion in a healthcare facility. Artificial intelligence allows them to interact independently in response to cues from people and things in their environment.
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Increasing Demand for Social Robots in Public Services
Demand for social robots which work autonomously has increased from the governments of many nations. India is deploying social robots for traffic management. Social robots are also used for automatic detection in video surveillance. Some of the major uses of social robots are tutoring, telepresence, companionship, and customer engagement.
Increasing Demand from BFSI Sector Driving Growth of the Market
In this competitive era, BFSI companies are deploying social robots at the workplace. Work functions such as customer engagement, and tutoring in many banks are done through social robots. Cost as well as time for individuals at workplaces can be highly optimized with social robots.
Hardware/Software Malfunctioning Hampering Growth of the Social Robots Market
Social robots are prone to hardware/software malfunctioning, which is greatly restraining the growth of the market. The probability of hacking the software could impact the demand for social robots as these robots can be controlled through a remote.
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North America Expected to Dominate the Global Social Robots Market
In terms of region, the global social robots market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global social robots market during the forecast period, due to strong adoption of artificial intelligence as well as AI enabled devices in the region.
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Diligent Robotics Inc.
Established in 2017, Diligent Robotics Inc.is an AI company creating robot assistants. The company’s social robots feature mobile manipulation, social intelligence, and human-guided learning capabilities. In year 2019, the company developed a robot named Moxi which is a hospital robot. Moxi is an assistant that helps clinical staff with non-patient-facing tasks so they have more time for patient care.
Boston Dynamics
Established in 1992, Boston Dynamics is a leading smart mobile robot development company. The company integrated the principles of dynamic control and balance with sophisticated mechanical designs, cutting-edge electronics, and next-generation software for high performance social robots.
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