Worldwide Telepresence Robots Market Poised to Achieve Significant Growth and Reach a Value of $8 Billion During 2017 to 2023

According to new study findings, the market for telepresence robots is developing rapidly and will have a significant impact on collaboration and communication in the enterprise, education, healthcare and consumer markets. Market Research Hub (MRH) has recently added this forecast report to its massive repository, which is titled as “Telepresence Robots Market Shares, Strategies and Forecasts, Worldwide, 2017 to 2023”. The study analyzes the overall market current scenario and presents deep insights to its future growth prospects. For the detailed understanding, the report covers markets for security, law enforcement, manufacturing, healthcare, education and business telepresence.

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Firstly, the report presents an executive summary of telepresence robots covering market description and dynamics, market share and forecast for the period 2017-2023. A remarkable variant of telepresence is the so-called robotic telepresence. Robotic telepresence relies on the integration of Information and Communication Technologies (ICT) onto robotic platforms, providing the user with a higher degree of interaction with the remote environment. It is a remote-controlled ambulatory device equipped with a display to enable video chat and conference. Telepresence robots have taken video conferencing services to the next level by providing maneuverability to the virtual entity.

As per the research findings, use of the telepresence robot with the video and microphone capability to achieve remote presence is a vital aspect of personal mobility devices. Owing to these features, telepresence robots are poised to achieve a vital extension of electronic communication in ways that will become indispensable to everyone soon. In 2016, telepresence robot device markets at $1.4 billion are anticipated to reach $8 billion by 2023 as next generation robotic devices, systems and instruments are introduced to manage remote presence. Additionally, the robotic platform will be extended to include grippers and cameras of all types, sensors and sophisticated navigation software.

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Moreover, the research highlights the global presence of telepresence robots in a variety of applications and points out the key aspects contributing towards the market growth. Some of the major factors listed in the report are:
• Telepresence robots represent the best and perhaps last line of defense against terrorists.
• Mobility has come to telepresence and that’s opening up a wide range of uses for business.
• Manufacturing and engineering telepresence robot uses are expected to increase. Monitoring and telepresence are being combined to achieve remote repairs that provide better customer facilities at lower cost.
• In robotic telepresence, the remote person is able to engage with local participants as if they are physically located at the point of the device.
• Remote telepresence healthcare diagnosis & treatment market is especially important for the treatment of stroke.

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Moreover, the complete report provides a comprehensive analysis including units sold, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success, challenges, and strategies in each segment and sub-segment. Companies Profiled in the study are InTouch, Vecna / Vgo, Double Robotics and Mantaro.

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This release was published on openPR.