Global Telepresence Robot Market, By Component (Head, Body), Interface (Hardware, Software), Type (Stationary, Mobile), Application (Education, Healthcare, Enterprise, Homecare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Telepresence Robot Market
Telepresence robot market will grow at a CAGR of 15.65% in the forecast period of 2021 to 2028. Rising enhanced operational efficiency in enterprises due to virtual meeting is an essential factor driving the telepresence robot market.
A telepresence robot is also known as skype on wheels; it is the type of electronic device having wheels and is controlled by a remote which has wireless internet connectivity. These robots are remotely monitored autonomous robots and are equipped with a smartphone or motorized desktop stands that are connected to a camera or a monitor. The telepresence robot is assistive technology and can also be controlled by tablets, computers, or smartphones.
Rising demand from the healthcare industry is a crucial factor accelerating the market growth, also low cost due to availability of supporting devices, which in turn increases the demand for telepresence robot, rising improvement of operational efficacy in medical organizations due to technological advancements in telepresence robots and rising advancement in robotic technology and wide-level adoption from education to residential sectors, are the major factors among others boosting the telepresence robot market. Moreover, rising advancement in the robotic technology and wide level adoption from education and residential sectors and rising research and development activities in the market will further create new opportunities for telepresence robot market in the forecast period mentioned above.
However, rising technical complexities leading to operational failures and increasing operating complications in telepresence robot are the major factors among others which will curtail the market growth, while rising lack of secure communication and common protocols will further challenge the telepresence robot market in the forecast period mentioned above.
This telepresence robot market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on telepresence robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Telepresence Robot Market Scope and Market Size
Telepresence robot market is segmented on the basis of component, interface, type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the telepresence robot market is segmented into head and body. Head has been further segmented into camera, display, speaker and microphone. Body has been further segmented into power source and sensors and control system.
- Based on interface, the telepresence robot market is segmented into hardware and software. Hardware has been further segmented into microphone, camera, display, speaker, power source, sensors & control systems and others.
- Based on type, the telepresence robot market is segmented into stationary and mobile.
- The telepresence robot market is also segmented on the basis of application into education, healthcare, enterprise, homecare and others.
Telepresence Robot Market Scope Country Level Analysis
Telepresence robot market is analysed and market size, volume information is provided by country, component, interface, type and application as referenced above.
The countries covered in the telepresence robot market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the telepresence robot market due to increasing advancement in the robotic technology and wide level adoption from education and residential sectors in this region. Asia-Pacific and Europe are the expected regions in terms of growth in telepresence robot market due to increasing demand from the healthcare industry in these regions.
The country section of the telepresence robot market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Telepresence Robot Market Share Analysis
Telepresence robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to telepresence robot market.
The major players covered in telepresence robot market report are Inbot Technology, Double Robotics Inc., Bossa Nova Robotics Suitable Technologies Inc., VGo Communications Inc, Mantaro Networks Inc.., InTouch Technologies Inc., Qihan Technology Co. Ltd., Anybots 2.0 Inc., Ava Robotics Inc., Camanio Care Inc., Xandex Inc., AXYN, OhmniLabs Inc., Wicron, Xaxxon, Swivl Inc., HEASE ROBOTICS, Amy Robotics, Omron Corporation, Fellow Inc., and iRobot Corporation. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.