North America Social Robots Market Report 2023 By Global Key Players, Types, Applications, Countries, Market Size, Forecast To 2030

Market Overview:
The North America Social Robots Market Is Expected To Grow At A Significant Growth Rate, And The Forecast Period Is 2023-2030, Considering The Base Year As 2022.

Social robots are physically personified autonomous robots that interact with humans socially and naturally. They consist of transmissions, bodies, frames, manipulators, and control systems. They are often used for tasks such as greeting, lifting and transporting items, and customer service in shopping malls, businesses, and private spaces. In addition to being used for employee training, medical screening, recruiting, teaching assistance, and travel assistance, social bots can be controlled remotely. They help create a pleasant, engaging, and meaningful interactive environment for children and increase safety, speed, and productivity. Therefore, social bots are widely used in various industries, including entertainment, healthcare, and education.

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Top Key Players Covered In North America Social Robots Market
• Blue Ocean Robotics ApS
• BotsAndUs Ltd.
• Camanio AB
• Double Robotics Inc.
• Embodied Inc.
• Furhat Robotics AB
• Happy SAS
• Hanson Robotics Ltd.
• Aerobics Social Robotics SLL
• Intuition Robotics Ltd.
• Kinova Inc.
• Knightscope Inc.
• KOMPAI Robotics
• Matia Robotics (US) Inc.
• Motorika USA and Other Major Players.

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Key Industry Development In The North America Social Robots Market
In January 2020, Tiny robots made to be human friends overshadowed the Consumer Electronics Show (CES). A more advanced version of UBtech's intelligent humanoid Walker service robot that performs daily activities at home was on display.

In November 2021, Furhat, a social robotics firm, acquires Misty Robotics, a Sphero spinoff. Furhat Robotics, a firm with an odd name, intends to continue using Misty Robotics' Colorado headquarters as the hub for its American activities and has retained eight of the most senior employees while figuring out how to combine the two technologies.

Market Dynamics:
Driver:
One of the most important factors contributing to the favorable market outlook is the significant global growth of the healthcare industry. Hospitals and healthcare facilities often use social robots to help treat conditions such as stroke. For example, Texas Hospital will use Mox as part of the beta launch of Diligent Robotics' first product, Mox, the hospital's robotic assistant. Diligent Robotics is an artificial intelligence company that creates socially intelligent robots that help people in their work. Additionally, the significant use of the products in the banking, finance, and insurance (BFSI) sector is contributing to market expansion. BFSI educational institutions use social bots to perform tasks such as teaching, customer service, and answering banking queries.

Opportunities:
Social robots are increasingly becoming popular in various service industries as AI-powered customer assistance agents. They have proven successful in diverse contexts, particularly in therapeutic and educational applications, where virtual reality-driven robots have gained significant acceptance and demand. Additionally, households with autistic individuals have experienced positive outcomes through the utilization of social robots. The market for social robots is poised to grow due to a range of favorable factors. One significant opportunity stems from the increasing demand for automation and digitalization across various industries.

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Segmentation Analysis of the North America Social Robots Market
By Technology, Context Awareness is expected to dominate the Social Robots Market. One of the key elements of social robots is to recognize the context and operate or respond accordingly. The context-aware technology will be helpful indifferent scenarios that can boost the demand for social robots. These robots are increasingly used in educational settings where it is thought that their social traits and embodiment are advantageous. They may potentially be used as regulatory tools in the future. Social robots might make a good platform for an awareness tool because of how they can quickly call attention to themselves during group activities and communicate using the normal channels of communication. During the work session, participants would have the chance to control their behavior. They also appear to be inherently harder to ignore than a dashboard shown on a tablet. Therefore, self-acting technology like context awareness can revolutionize the North America Social Robots Market.
• ML
• NLP
• Computer Vision
• Context Awareness
• Others

By End User Industry, Healthcare Segment is expected to dominate the North America Social Robots 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. Additionally, it is predicted that over 1 billion individuals would have a disability by the year 2020. This equates to around 15% of the world's population, with up to 190 million (3.8%) persons aged 15 and older experiencing substantial functional challenges and frequently needing medical attention.
• Healthcare
• Education
• Media and Entertainment
• Retail
• BFSI
• Others

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Regional Analysis of the North America Social Robots Market
The United States dominates the North America Social Robots Market. The expansion of cutting-edge technologies like artificial intelligence, augmented reality, and others in many end-user industries open up new possibilities for the employment of social robots. The number of U.S. healthcare leaders who have already implemented technology like AI in their clinical workflow is 84%, up from 37% in 2018, according to a July 2020 survey by Intel. Numerous educational institutions in the area have adopted social robots because they attract students' attention. Eight Abii robots are being used by pupils at two Charleston County School District (CCSD) schools, according to an announcement made in April 2021 by Van Robotics, a US-based provider of tutoring robots that sells its robots in 30 US states. The robots are made to provide one-on-one assistance to pupils in grades 1 through 6 in need. Each student has a different login, and the robots offer individualized training. The robots can also recognize children's attention spans and help them focus again by singing and dancing. The robots have aided in capturing pupils' interest and improving their perception of them as friends. Due to the fast-increasing public demand to meet societal needs, the region's aging population is also placing stress on the healthcare system.

Canada is the second prominent market for social robot market. The Canadian market is highly adaptive to emerging technologies. To provide door-to-door robot delivery services in Vancouver, British Columbia, Pizza Hut Canada has teamed with Serve Robotics. Selected Vancouver residents who ordered through the Pizza Hut app during a two-week test program may have their food brought right to their homes by a robot. Apart from commercial use, the general consumer also tends to spend on technologically advanced gadgets which are likely to fuel the demand for North America Social Robots Market
• North America (U.S., Canada, Mexico)

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