North America Social Robots Market Size, Status, Outlook 2024 To 2032

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The North America Social Robots Market size is expected to grow from USD 705.25 million in 2022 to USD 3349.30 million by 2030, at a CAGR of 21.5% during the forecast period (2023-2030).

Robots that have been physically personified as social beings are known as social robots. They consist of manipulators, control systems, bodies, frames, and drivetrains. In retail establishments, workplaces, and residential settings, they are regularly used to carry out chores including greeting, carrying and transferring goods, and offering customer service. Social robots can be remotely operated and can be used for a variety of tasks, including employee training, medical screening, recruitment, teaching aids, and travel concierge.

Top Key Players in North America Social Robots Market:

Blue Ocean Robotics ApS,BotsAndUs Ltd.,Camanio AB,Double Robotics Inc.,Embodied Inc.,Furhat Robotics AB,Happy SAS,Hanson Robotics Ltd.,Aerobics Social Robotics SLL,Intuition Robotics Ltd.,Kinova Inc.,Knightscope Inc.,KOMPAI Robotics,Matia Robotics (US) Inc.,Motorika USA and Other Major Players.

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Market Dynamics and Factors for North America Social Robots Market:

Drivers:

The Demand for Social Robots in the Healthcare Industry Is Driving Market Expansion

The considerable global growth of the healthcare industry is one of the key elements encouraging a positive perception of the market. Social robots are often used in hospitals and other healthcare settings to help cure conditions like cerebral palsy. For instance, as part of the release of Diligent Robotics' first product, a medical robot helper named Moxi, out of beta and onto the market, a Texas hospital will start deploying Moxi. An AI business called Diligent Robotics develops socially aware robots that help people at work.  Additionally, the market is being helped by significant product usage in the banking, financial services, and insurance (BFSI) sector.

Opportunities:

Social robots with Advanced Technology Integration

Social robots are becoming more popular in a range of service businesses as artificially intelligent assistants who assist customers. Additionally, they have been employed effectively in a variety of settings. According to Shariati et al., virtual reality-driven robots are more widely accepted and in demand for therapeutic and educational purposes. Due to changing societal norms, social robots have also been proposed as companions for young children and the elderly. Social robots have also benefitted families with autistic members. Additionally, the market is being helped by significant product usage in the banking, financial services, and insurance (BFSI) sector.

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Segmentation Analysis of the North America Social Robots Market:

By Technology

  • ML
  • NLP
  • Computer Vision
  • Context Awareness
  • Others

By End Users Industry

  • Healthcare
  • Education
  • Media and Entertainment
  • Retail
  • BFSI
  • Others

Introspective Market Research offers comprehensive market research studies, providing valuable insights and strategic guidance to businesses worldwide. We ensure reliability and accuracy in our reports for informed decision-making.

The North America Social Robots Market research study ensures the highest level of accuracy and reliability as we precisely examine the overall industry, covering all the market fundamentals. By leveraging a wide range of primary and secondary sources, we establish a strong foundation for our findings. Industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further enhance the comprehensiveness of our evaluation.

By Region

  • North America (U.S., Canada, Mexico)

Frequently Asked Questions About the Market

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  5. Which segment is leading the Market in 2024?
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