Scope and Research Methodology : 

Organisations and governments alike are investing heavily in social robots due in large part to the introduction of technologies like artificial intelligence (AI) and machine learning (ML), as well as the increasing demand for customised consumer experiences across industries. Governments everywhere are allocating large sums of money from their budgets and providing financial aid to support investments in R&D in the robotics and technology development fields. Furthermore, the Covid-19 epidemic has brought attention to the value of sophisticated, interactive robots as well as other automation technologies in end-user sectors, particularly in the medical and educational fields. Programmes for funding research and development (R&D) are essential for facilitating and advancing these advances.

Maximize Market Research, a  Social Robots  business research firm has published a report on the “ Social Robots  Market”. As per the “ Social Robots  report- Business Boosting Strategies, Revenue, Major Players and Future Outlook

Social Robots Market Segmentation :

The social robots market is divided into segments based on end users, including healthcare, education, entertainment, retail, and others. With the highest CAGR throughout the course of the projection period, the healthcare category is leading the market. The development, testing, and use of social robots in healthcare settings is growing. The increasing global population of the elderly and disabled is one of the factors driving the demand for mobility assistive equipment. The World Health Organisation (WHO) predicts that by 2020, there will be more adults 60 years of age and older than children under five. Furthermore, the percentage of the global population over 60 is predicted to nearly double from 12% to 22% between 2015 and 2050.

Second, over the projected period, the education segment is expected to dominate the market. Social robots are employed as peer learners or tutors in the classroom. When used on limited tasks, they have demonstrated comparable effects to human tutoring in terms of improving cognitive and affective outcomes. The ways that teaching and learning are conducted have changed significantly as a result of the developing technologies. Students can now learn in a more creative, collaborative, and active way thanks to new gadgets and technologies. 43% of respondents prioritise technology training, according to Promethean World's 2020 State of Technology in Education survey. Furthermore, the study participants employed many important technologies, such as interactive panels (52%), tablets (39%), projectors (29%), and video conferencing (23%). Adoption of new technologies and techniques opens up new possibilities.

Social Robots Market Regional Insights:

The objective of the report is to present a comprehensive analysis of the global Social Robots Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

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Social Robots Market Key Players

. Alphabet Inc.
2. Blue Frog Robotics
3. Dassault Systèmes
4. DFRobot
5. Furhat Robotics
6. Hanson Robotics
7. Hitachi, Ltd.
8. International Business Machines Corporation
9. Intuition Robotics
10.Knightscope, Inc
11.Reach Robotics
12.Uber Technologies, Inc.
13.UBTECH Robotics, Inc.

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Key questions answered in the  Social Robots  Market are:

• What is  Social Robots ?
• What was the  Social Robots  market size in 2023?
• What is the growth rate of the  Social Robots  Market?
• Which are the factors expected to drive the  Social Robots  market growth?
• What are the different segments of the  Social Robots  Market?
• Who are the key players in the  Social Robots  market?
• What growth strategies are the players considering to increase their presence in  Social Robots ?
• What are the upcoming industry applications and trends for the  Social Robots  Market?
• What recent industry trends can be implemented to generate additional revenue streams for the  Social Robots  Market?
• What segments are covered in the  Social Robots  Market?
• What segments are covered in the  Social Robots  Market?
• Who are the leading companies and what are their portfolios in  Social Robots  Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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