Press release
Social Robots Market expected to grow at a CAGR of 34.06 percent and reach USD 24.75 Bn during the forecast period
Social Robots Market
Social Robots Market Scope and Research Methodology
The report on the Social Robots Market offers the user an in-depth analysis of the market drivers and restraints which have a potential impact on the Social Robots Market's growth. The Social Robots Market report provides a comprehensive analysis of various segments and sub-segments with competitive landscapes. The Social Robots Market report provides the stakeholders, investors, and new entrants with an in-depth analysis of the competition within the market with the key players based on the annual reports, product portfolios, financial performances, marketing strategies, revenue generated, and regional presence in the market.
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The primary and secondary data are collected through various sources such as telephonic interviews with market leaders and industry experts, annual reports of the major companies, and manufacturers, government surveys, and free and paid databases. This collected data is further analyzed with the help of research tools such as SWOT, and PESTLE analysis and represented in the form of tables, graphs, and pie charts.
Social Robots Market Dynamics
The introduction of artificial intelligence and machine learning and the growing demand for personalized customer experiences is majorly driving the growth of the Social Robots Market. The increasing geriatric population and precautionary concerns for caring for them have increased the demand for social robots which is also driving the growth of the Social Robots Market. The use of robots for learning and playing in schools is expected to drive the Social Robots Market's growth during the forecast period. The advanced technology and innovations in the automotive sector and the use of robotic technology for making vehicles are boosting the Social Robots Market's growth significantly. The high expense rate and maintenance are expected to hamper the growth of the Social Robots Market.
Social Robots Market Regional Insights
The North American region is growing significantly in the Social Robots Market due to the rise in the adoption of new technology such as robots in various sectors like industries, automation, and construction. The favorable government efforts towards digitalization and robotics are driving the Social Robots Market's growth in the European region significantly. The Asia Pacific region is also witnessing substantial growth due to growing advancements of various social robot manufacturers such as Softbank and Paro Therapeutic and others.
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Social Robots Market Segmentation
By End-Use
Healthcare
Education
Entertainment
Retail
Others
Social Robots Market Key Players include:
Alphabet Inc.
Blue Frog Robotics
Dassault Systèmes
DFRobot
Furhat Robotics
Hanson Robotics
Hitachi, Ltd.
International Business Machines Corporation
Intuition Robotics
Knightscope, Inc
Reach Robotics
Uber Technologies, Inc.
UBTECH Robotics, Inc.
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Table of Content for Global Social Robots Market:
Global Social Robots Market: Research Methodology
Global Social Robots Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Social Robots Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M& A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Social Robots Market Segmentation
Global Market, by End-users (2021-2029)
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Regional Social Robots Market (2021-2029)
Regional Market, by End-users (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by End-use
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market- verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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