Social Robots Market to Reach USD 33.13 Bn by 2030, Growing at 34.06% CAGR

Social Robots Market Overview

The total global market for the “ Social Robots Market” was valued at USD in 2023 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2030. The report analyzed by Maximize Market Research, on the Social Robots market, covers an extensive regional analysis and competitive landscape.

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Social Robots Market Report Scope and Research Methodology

The report on the Social Robots Market provides a thorough analysis of the market structure and the nature of competition in the market. The Social Robots Market size was estimated meticulously by using a bottom-up approach to get an understanding of the market growth. Key insights covered in the report include the major drivers of the market at the global level, challenges for future growth, and various opportunities due to technical advancements in the market.

Regional analysis is conducted to provide information on the market leaders in various regions, market penetration, and demographic factors affecting the regional Social Robots industry. Segment-wise analysis helps gain insights into the core target consumers of the product, and its manufacturers and devise advertising campaigns for the same.

For the competitive analysis of the Social Robots Market, a competitive matrix is made covering market leaders and new entrants. The report presents an overview of each company along with important takeaways based on the revenue generated, financial health, technological advancements, recent developments, mergers and acquisitions, joint ventures, alliances, and marketing tactics.

Data for the analysis was collected using primary and secondary research methods. A mix of qualitative and quantitative analysis was used in the report. Primary research was used to validate the findings from the secondary research. Research tools such as SWOT, PESTLE, and Porter’s Five Force analysis were used to grasp the factors affecting the growth of the Social Robots Market. Such analysis makes the report an investor’s guide, thereby helping clients make investment and marketing decisions.

Social Robots Market Regional Insights

Regional analysis is conducted to assess the status of the Social Robots market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Social Robots market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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Social Robots Market Segmentation :

by End-Use
Healthcare
Education
Entertainment
Retail
Others

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.

Social Robots Market Key Players :

1. 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 ?
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?
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 segments are covered in the Social Robots Market?
Who are the leading companies and what are their portfolios in Social Robots Market?
What segments are covered in the Social Robots Market?
Who are the key players in the Social Robots market?

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Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment |
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
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the 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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