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<br><br>The social robots market size of US$912.488 million in 2026 from US$395.577 million in 2019 to a growing rate of CAGR is 12.68%. The rise of research in the field of Artificial Intelligence (AI), Natural Language Processing(NLP), and development platforms such as the Robotic Operating System has enabled the rise in a class of robots called Social Robotics.
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Social Robots Market Forecasts From 2021 To 2026
DESCRIPTION The social robots market is expected to grow at a compound annual growth rate of 12.68% over the analyzed period to reach a market size of US$912.488 million in 2026 from US$395.577 million in 2019. Social Robots are companion robots. These robots help in lifting, companionship, and simulation of emotions in human beings. In addition, these robots assist in everyday life, by performing various activities. Sony was the first company that introduced social robots in 1999. AIBO is a social robot pet dog that responds to its owner's voice and action.
Key Questions Answered By The Report • What will Social Robots Market from 2021 to 2026? • How are the major drivers and restraints affecting the Global Cargo Inspection Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • USA • Canada • Mexico • South America • Brazil • Argentina • Others
Geography • Europe • United Kingdom • Germany • France • Italy • Spain • Others • Middle East and Africa • Saudi Arabia • UAE • Israel • Others
Geography Asia Pacific China Japan South Korea India Thailand Taiwan Indonesia Others
Segments Covered Under Global Storage • By Application • Hardware • Software • Service • By End-User • Healthcare • Education • Retail • Entertainment • IT and Communication • Household • Others
COMPANY PROFILES • Blue Frog Robotics and Buddy • Reach Robotics • Knightscope Inc. • Intuition Robotics • AIST • Furhat Robotics • SoftBank Robotics • Sony • Merck group
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