Global Educational Robot Market Projected to Grow at 18.6% CAGR, Reaching $4.58 Billion by 2029

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What Will the Educational Robot Industry Market Size Be by 2025?
The size of the educational robot market has expanded fast in the last few years. The market's worth is projected to rise from $2 billion in 2024 to reach $2.32 billion in 2025, indicating a compound annual growth rate (CAGR) of 16.0%. The expansion during the historic period is likely as a result of factors such as the rising preference for active learning techniques, the internationalization of education, government schemes in education, development in pedagogical methods, and reinforced importance on stem education.

What's the Long-Term Growth Forecast for the Educational Robot Market Size Through 2029?
Accelerated expansion is anticipated in the educational robot market size in the coming years, expecting to reach a total value of $4.58 billion in 2029, with a CAGR of 18.6%. The expected surge within this period can be credited to the adoption of online and distance learning, attention to socio-emotional education, tailored learning programs, applications in early childhood education, teachers' professional growth, and emphasis on data security and privacy. Further trends predicted for this period encompass the growth of coding and programming education, the deployment of social and cooperative robots, incorporation of artificial intelligence (AI), considerations related to security and privacy standards, and expansion of the market in developing economies.

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What Are the Key Growth Drivers Fueling the Educational Robot Market Expansion?
The rise in the use of smart devices is believed to drive the progression of the education robot market. A smart device, by definition, connects to applications, the internet, a local network, or other devices via a wireless connection. These robots can wirelessly connect to a range of Apple iOS and Google Android mobile devices through Bluetooth 4.0, enhancing students' educational understanding. For example, it was suggested by Software Testing Help, an Indian software testing and services firm, in December 2022 that there will be close to 7.62 billion humans on the planet by 2022, with an upwards trajectory of IoT devices. This includes roughly 20 billion operational IoT smart devices, driven by an increasing demand for 5G networking. Therefore, the rise in the use of smart devices underpins the expansion of the educational robot market.

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What Are the Key Trends Driving Educational Robot Market Growth?
The rise in technological innovations is a prominent trend in the educational robot market. Leading corporations in this field are prioritizing the creation of new tech solutions to solidify their market standing. For example, April 2022 saw the launch of Create 3 educational robots by iRobot Corp., a U.S. tech firm that designs and sells both educational and other types of robots. The Create 3 Educational Robots, based on the Roomba i3 Series robot vacuum platform, provides educators and advanced tinkerers with a reliable, ready-to-use solution that's less expensive and time-consuming than robotics kits requiring assembly and testing. This robot aims to stimulate in-depth research rather than cleaning households, catering to those eager to enhance their knowledge or career in robotics.

How Is the Educational Robot Market Segmented?
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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Which Companies Are Leading the Charge in Educational Robot Market Innovation?
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

Which Regions Are Leading the Global Educational Robot Market in Revenue?
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.

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