North America Social Robots Market Technology Advancement and Business Outlook (2023-2030)

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The North America Social Robots Market size is expected to grow from USD 705.25 million in 2022 to USD 3349.30 million by 2030, at a CAGR of 21.5% during the forecast period (2023-2030).

North America Social Robots Market are physically personified autonomous robots that interact with people socially and naturally. They are made up of drivetrains, bodies, frames, manipulators, and control systems. They are frequently utilized to carry out tasks including greeting, lifting and transporting objects, and providing customer service in shopping centers, businesses, and private settings. In addition to being utilized for employee training, medical screening, recruitment, teaching aid, and travel concierge, social robots can be managed remotely. They contribute to the creation of a pleasing, engaging, and meaningful interactive environment for kids as well as improved safety, speed, and productivity. As a result, social robots are widely used in a variety of sectors, including entertainment, healthcare, and education.

 Players Covered in the North America Social Robots Market are:

Blue Ocean Robotics ApS, BotsAndUs Ltd., Camanio AB, Double Robotics Inc., Embodied Inc., Furhat Robotics AB, Happy SAS, Hanson Robotics Ltd., Aerobics Social Robotics SLL, Intuition Robotics Ltd., Kinova Inc., Knightscope Inc., KOMPAI Robotics, Matia Robotics (US) Inc., Motorika USA and Other Major Players.

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The global North America Social Robots Market is in-depth and offers a comprehensive analysis of the major growth determinants, the market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the North America Social Robots Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope Weather Monitoring Solutions and Services Market, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts

Segmentation Analysis of the North America Social Robots Market Report:

The North American social robot market can be segmented based on various factors to provide a comprehensive understanding of the industry. Common segmentation criteria include:

By Technology          

·         ML

·         NLP

·         Computer Vision

·         Context Awareness

·         Others

By End Users Industry           

·         Healthcare

·         Education

·         Media and Entertainment

·         Retail

·         BFSI

·         Others

 Intelligent Agencies Market share data Market Segment by Regions and Countries Level Analysis:

§  North America (U.S., Canada, Mexico)

§  Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

§  Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

§  Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

§  Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

§  South America (Brazil, Argentina, Rest of SA)

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Opportunity:

Integration of Progressive Technologies in Social Robots

As artificially intelligent agents providing customer assistance, social robots are gaining traction in a variety of service industries. They have also been used successfully in a variety of contexts. Virtual reality-driven robots have a noticeably better level of acceptance and demand for therapeutic and educational uses, according to Shariati et al. Social robots have also been offered as companions for children and the elderly as a result of shifting societal patterns. Additionally, social robots have benefited households with autistic members. Additionally, the banking, financial services, and insurance (BFSI) sector's significant product use are helping the market expand. Social robots are used by BFSI institutions for tasks including tutoring, customer service, and answering banking questions. In keeping with this, the market growth is being positively impacted by the rising product demand in public services. Traffic control, telepresence, monitoring, queue management, and ensuring social distance are all handled by social robots. The market is expected to increase as a result of several other factors, such as the expanding demand for automation and digitalization across industries and the extensive product use in the education sector as peer tutors or tutors.

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