Telepresence Robots Market exhibiting a CAGR of 15.53% during 2022-2027
According to IMARC Group’s latest report, titled “Telepresence Robots Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global telepresence robots market reached a value of US$ 248.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 587.5 Million by 2027, exhibiting a CAGR of 15.53% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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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.
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List of Key Companies Covered in this Market Report:
- Amy Robotics
- Double Robotics
- Endurance Robot
- InTouch Health
- Mantaro Networks
- Qihan Technology
- Suitable Technologies
- Vecna Technologies
- VGo Communications
The report has segmented the market on the basis of component type, robot size, end-use sector and geography.
Breakup by Component Type:
- Power Source
- Sensors and Control System
Breakup by Robot Type:
Breakup by End-Use Sector:
Breakup by Geography:
- 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
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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