Consumer Robotics Market
Consumer Robotics market By Type (Task Robots, Surveillance), Components (Microcontrollers, Displays,), Verticals (Marketing, Data Visualization), End-Users (Education, Healthcare) - Forecast Till 2023
Consumer Robotics market By Type (Task Robots, Surveillance), Components (Microcontrollers, Displays,), Verticals (Marketing, Data Visualization), End-Users (Education, Healthcare) - Forecast Till 2023
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Global Consumer Robotics Market Forecast To 2023
Global Consumer Robotics Market Forecast To 2023
The global consumer robotics market size can shoot up to USD 17 billion by 2023, as per MRFR. It can exhibit 19%
CAGR over the forecast period. Innovation in consumer robots due to technological breakthroughs in AI is likely to
spur market growth. High adoption rate of consumer electronic devices such as smartphones, tablets, smartwatches,
and other portables can be a leading driver in the market.
Integration of sensors, voice and speech recognition, tactile sensors, machine learning, and others in robots are other
factors which can entice customers in procurement of robots. But alarming costs of these devices can impede market
growth.
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