Artificial intelligence robots are those robots which uses artificial intelligence techniques to perform various tasks. The purpose of Artificial Intelligence Robot is to manipulate items by interpreting, selecting, moving and destroying them. They have the ability to perform same activities like humans and are mainly used in the situations where human can’t survive. Robotics is that branch of science which uses mechanical engineering, electrical engineering and computer science engineering so they can create, construct and add application in robots. Today, these AI robots are widely used in different industries because they enhance the productivity & efficiency and are very useful in solving problems. Different technologies such as machine learning, context aware computing and other are used in AI robots.
Some of the factors responsible for the growth of this market are:
The global artificial intelligence robots market can be segmented into robots, offering, technology, end user and geographical segments. Based on robots the market is segmented into industrial and service robots; offering is segmented into hardware and software. The hardware is sub segmented into storage devices, network devices and processors and software is sub segmented into AI platforms and AI solutions. Technology is segmented into machine learning, natural language processing (NLP), and context awareness and computer vision and end user can be segmented into manufacturing, healthcare, BFSI, research and academia, transportation, retail and e-commerce and others (oil and gas, and advertising).
Some of the launches and acquisition by some prominent player in the market are:
“According to Data Bridge Market Research, global artificial intelligence robots market is set to witness a healthy CAGR of 30.1% in the forecast period of 2018- 2025”
The renowned players in artificial intelligence robots market are Welltok, Inc., Intel Corporation, Nvidia Corporation, Google Inc., IBM Corporation, Microsoft Corporation, General Vision, Enlitic, Inc., Next IT Corporation, iCarbonX, Amazon Web Services, Apple, Facebook Inc., Siemens, General Electric, Micron Technology, Samsung, Xillinx, Iteris, Atomwise, Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision, Inc., Baidu, Inc., H2O ai, Enlitic, Inc. and Raven Industries.
Rising government support to develop modern technologies is the factor driving the market growth. There is also rising focus towards developing robots with special features and application so they can perform specific task which positively impacts the market growth. These are widely adopted by the aging population which is also creating new opportunities in the growth of this market.
Global Artificial Intelligence Robots Market – Industry Trends and Forecast to 2029