IMARC Group, a leading market research company, has recently releases report titled “Telepresence Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global telepresence robots market report, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the telepresence robots market?
The global telepresence robots market size reached US$ 290.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 667.7 Million by 2028, exhibiting a growth rate (CAGR) of 15% during 2023-2028.
What is telepresence robots?
Telepresence robots are remote-controlled devices that facilitate the virtual presence of individuals through video conferencing. They consist of a wheel-mounted stand, video camera, display screen, arm unit, and other multimedia instruments to enable communications between individuals who are not physically available in a shared space. Telepresence robots are mainly utilized in an organizational environment where users can maneuver them remotely and interact with others via an inbuilt smartphone or tablet application. As a result, they find widespread utilization across various sectors, such as education, healthcare, corporate, homecare, etc.
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What are the growth prospects and trends in the telepresence robots industry?
The emerging trend of digitization and continuous technological advancements in machine learning (ML) and artificial intelligence are among the primary factors driving the telepresence robots market. Besides this, the escalating demand for smartphones and operational automation by consumers is further augmenting the market growth. Apart from this, the elevating requirement for telepresence robots in the healthcare sector for performing several tasks, including monitoring, delivery of food and medicines, remote visiting, enabling patients to virtually communicate with doctors in real-time, etc., is also catalyzing the global market. Moreover, recent developments in robotic technology and the inflating investments in research and development (R&D) activities for making these machines user-friendly and customizable are acting as significant growth-inducing factors. Furthermore, the growing product popularity in conducting conferences and distant monitoring of the workforce and in managing screened classroom sessions for students is expected to propel the telepresence robots market in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component Type:
- Camera
- Display
- Speaker
- Microphone
- Power Source
- Sensors and Control System
- Others
Breakup by Robot Type:
- Stationary
- Mobile
Breakup by End-Use Sector:
- Education
- Healthcare
- Corporate
- Homecare
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Amy Robotics
- Anybots
- Double Robotics
- Endurance Robot
- InTouch Health
- iRobot
- Mantaro Networks
- Qihan Technology
- Suitable Technologies
- Vecna Technologies
- VGo Communications
- Xandex
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