We have a significant number of robots across various types of robots engaged in a variety of tasks, such as home cleaning, personalized health care, home security, autonomous vehicles, robot entertainment and toys, care bots services, We are seeing full industry growth.

SwissCognitiveSome key factors such as population aging, personalized service trends and robotic mobility will lead to growth in this industry sector. In addition, due to the development of AI (artificial intelligence) and cognitive computing, these technologies can be incorporated into almost any type of robot, including general-purpose robots that operate on their behalf. Industrial robotics is a decades-old market and will certainly transform with the Internet of Things (IoT) and in particular Industrial IoT (IIoT). However, there is an emerging personal robotics industry that has very different market dynamics than manufacturing or IIoT. Personal robotics includes both physical robots as well as logical (e.g. software) bots that act on behalf of their owners, managers, and/or controllers.

Researcher sees substantial overall industry growth across a wide range of robot types that engage in diverse tasks such as home cleaning, personalized healthcare service, home security, autonomous cars, robotic entertainment and toys, care bots services, managing daily schedule, and many more assistive tasks. A few key factors such as the ageing population, personalization services trends, and robot mobility will drive growth in this industry segment. In addition, developments in Artificial Intelligence (AI) and Cognitive Computing support inclusion of these technologies with virtually every type of robot including general purpose bots that act on behalf of their owner.

This research examines personalized robots, bot software, and systems. The report assesses the impact of AI and evaluates the market for AI enhanced robots and robotic systems for the consumer market. The report includes forecasts for 2019 to 2025 that cover the following: Market coverage globally and by region including APAC, Europe, North America, and Rest of the World.

Leading country coverage includes United States, China, Japan, South Korea, India, Indonesia, Australia, Germany, France, UK, Italy, Spain, Canada, Brazil, and Mexico […]