Press release
Educational Robot Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
"How Are the key drivers contributing to the expansion of the educational robot market?The anticipated rise in the usage of intelligent devices is predicted to boost the expansion of the market for educational robots. An intelligent device is defined as a device that can connect to an application, the internet, a local network, or another device via a wireless connection. These robots would wirelessly interact with a range of Apple iOS and Google Android mobile devices using Bluetooth 4.0, facilitating an improved understanding for learners. For example, Software Testing Help, a software testing and services company based in India, projected in December 2022 that approximately 7.62 billion people would inhabit the earth by 2022, accompanied by a growing number of IoT devices. Moreover, it is estimated that there will be 20 billion active IoT smart devices, with an associated surge in demand for the 5g network. Therefore, the increasing utilization of smart devices is propelling the growth of the educational robot market.
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What growth opportunities are expected to drive the educational robot market's CAGR through 2034?
The market size of educational robots has seen a significant expansion in the past few years. Its growth is projected to climb from $2 billion in 2024 to $2.35 billion in 2025 with a compound annual growth rate (CAGR) of 17.7%. The historical growth can be linked to the emphasis on proactive learning techniques, internationalization of education, governmental educational strategies, progress in teaching methodologies, and a heightened focus on STEM education.
Explosive expansion is anticipated in the educational robot market in the coming years, propelling it to a valuation of $4.74 billion by 2029, with a compound annual growth rate (CAGR) of 19.2%. This forecasted growth during the projected period can be credited to the increasing prevalence of online and distant learning, emphasis on social-emotional learning, tailoring of learning paths, use in early childhood education, professional upskilling for teachers, and focus on data confidentiality and security. Key trends expected to dominate the market during the forecasted period include the emergence of coding and programming education, active adoption of cooperative and social robots, incorporation of artificial intelligence (AI), incorporation of security and privacy measures, and market proliferation in developing nations.
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What are the emerging trends shaping the future of the educational robot market?
Technological innovation is a prominent trend that's increasingly catching on in the educational robot market. A key strategy for leading firms in the sector is developing novel technological solutions to consolidate their market presence. A case in point: in April 2022, US-based company iRobot Corp, which specializes in the design and marketing of various robots, including educational ones, unveiled its Create 3 educational robots. These robots are designed to provide a reliable, ready-to-use substitute for costly and labour-intensive robotic kits which require assembly and testing. They utilize the Roomba i3 Series robot vacuum platform. However, rather than being used for home cleaning, these robots aim to stimulate high-level research activities for individuals seeking to enhance their learning or progress their careers in the field of robotics.
Which growth-oriented segments of the educational robot market are leading the industry's development?
The educational robot market covered in this report is segmented -
1) By Type: Service Robot, Industrial Robot
2) By Component: Hardware, Software
3) By Application: Primary Education, Secondary Education, Higher Education, Other Applications
Subsegments:
1) By Service Robot: Social Robots, Companion Robots, Teaching Assistants, Research And Development Robots
2) By Industrial Robot: Robotic Arm Kits, Automated Guided Vehicles (AGVs), Simulation And Programming Robots
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What regions are leading the charge in the educational robot market?
North America was the largest region in the educational robot market in 2024. Asia Pacific is expected to be the fastest-growing region in the educational robot market report forecast period. The regions covered in the educational robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the educational robot market?
Major companies operating in the educational robot market are SoftBank Robotics Group Corp, Hanson Robotics Limited, ROBOTIS Co Ltd., Aisoy Robotics, Blue Frog Robotics & Buddy, LEGO System A/S, Wonder Workshop Inc., Makeblock, Modular Robotics, Robolink, BrainCo, CoderZ, Cubic Robotics, Dobot Robots, EdTech Robotics, EZ-Robot, Fable, Gakken Classroom Global, Hexbug, Kano, KUBO Robotics, Learning Resources
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What Is Covered In The Educational Robot Global Market Report?
• Market Size Forecast: Examine the educational robot market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the educational robot market for a structured understanding.
• Key Players Overview: Analyze major players in the educational robot market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the educational robot market.
• Segment Contributions: Evaluate how different segments drive overall growth in the educational robot market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the educational robot market.
• Industry Challenges: Identify potential risks and obstacles affecting the educational robot market.
• Competitive Landscape: Review strategic developments in the educational robot market, including expansions, agreements, and new product launches.
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