Interactive Robots Global Market Report 2023: Robotics-As-A-Service (RaaS) Garners Attention for all the Right Reasons

DUBLIN, May 30, 2023 /PRNewswire/ -- The "Interactive Robots - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Interactive Robots Market to Reach $20.7 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Interactive Robots estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$20.7 Billion by 2030, growing at a CAGR of 23.5% over the analysis period 2022-2030. Mobile, one of the segments analyzed in the report, is projected to record 24.7% CAGR and reach US$15.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Stationary segment is readjusted to a revised 20.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 29.1% CAGR

The Interactive Robots market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 29.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.7% and 17.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 23.6% CAGR.

Select Competitors (Total 65 Featured)-

• ASUSTeK Computer, Inc.
• AvatarMind
• Blue Frog Robotics
• Bossa Nova Robotics, Inc.
• ECOVACS Robotics, Inc.
• Fellow Robots
• Future Sonics Inc.
• Honda Motor Co., Ltd.
• PAL Robotics SL
• Robot Care Systems B. V.
• Savioke
• SoftBank Robotics Group Corp.
• Vstone Co., Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• The Age of Robotics is Here!
• The Growing Clout of Robotics Technology Lays the Foundation for the Growth of Interactive Robots: Global Market Opportunity for Robotics (In US$ Billion) for Years 2023, 2025, 2027, 2029, and 2032
• Global Economic Update
• Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
• War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
• Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
• Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
• Interactive Robots: Overview & Types
• Recent Market Activity
• Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Robust Outlook for Service Robots Sets the Stage for the Growth of Interactive Robots
• Robotics-As-A-Service (RaaS) Garners Attention for all the Right Reasons
• Need for Interactive Robots Grows in the Healthcare Industry
• Chatbots, the Most Popular & Widely Used Type of Interactive Robot in the Business Sector
• Growing Spending on Conversational Commerce Opens a Parallel Opportunity for Chatbots in Marketing & Customer Care Operations: Global Market for Conversational Commerce (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
• Affective Computing Paves the Way for the Development of More Interactive, Responsive, Human Like Robots
• Advances in Affective Computing Make Emotion Recognition for Human-Robot Interaction a Reality: Global Market for Affective Computing (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
• Need for Companion Robots Rises Strengthening the Business Case for Interactive Robots
• Spotlight on Gesture Recognition for Human-Robot Collaboration
• Demand for More Intuitive & Interactive Solutions Paves the Way for the Emergence of Robotics as an Important Area of Application for Gesture Recognition: Global Market for Gesture Recognition (In US$ Million) for Years 2023, 2025 and 2027
• Here's How Artificial Intelligence is Bringing in a Transformation in Robotics
• ChatGPT Ushers a New Beginning in the Era in Robotics, Beginning With Easy Interactivity
• Rapid Development of Natural Language Processing (NLP) Bodes Well for the Growth of Interactive Robots
• Continuous Advancements in NLP Remains Crucial for Building Seamless Interactive Skills of Robots: Global Market for Natural Language Processing (NLP) in US$ Billion for Years 2023, 2025, 2027 and 2029
• Rise of Social Robots Sets the Stage for Growth
• Benefits of Robots in Education Drives Need for Interactive Robots
• Encouraging Outlook for the Future of Humanoid Robots Bodes Well for Market Growth
• Hotel Assistance Robots, a Promising Future Ahead
• Cybersecurity for Interactive Robots Assumes Critical Importance

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/39k24l

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