Global Telepresence Robot Market is valued approximately USD 176.17 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 16.50% over the forecast period 2020-2027. A telepresence robot is a device that provides the virtual presence of a human at work. It is comprising of a tablet, wheel based moving stand and other multimedia facilities to provide smooth communication between people at remote locations. Such robots work with the use of high-speed internet connectivity for multimedia applications. The rapid growth in usage of robots in various industries is the factor driving the growth of market over the forecast years. For instance: According to the World Robotics Report by International Federation of Robotics (IFR) 2020, globally sale of industrial robots was USD 16.5 Million in 2018 and about 2.4 million industrial robots are operating in factories across the globe. Also, the global sale of industrial robots rose with 31% in 2017 from 2016 and reached to 387,000 units. In addition, growing demand of telepresence robots from healthcare industry is the factor accelerating the growth of market over the forecast years. However, technical complexities leading to operational failure is the factor hampering the market growth.
The regional analysis of global Telepresence Robot Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the low cost due to the availability of supporting devices. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as enhanced operational efficiency in enterprises due to virtual meeting would create lucrative growth prospects for the Telepresence Robot Market across Asia-Pacific region.
Major market player included in this report are:
Double Robotics, Inc.
Inbot Technology
Suitable Technologies, Inc.
Mantaro Networks, Inc.
VGO Communications
Intouch Technologies
Qihan Technology
Amy Robotics
Anybots 2.0, Inc.
Superdroid Robots
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type Types of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Stationery
Mobile
By Application:
Education
Healthcare
Enterprise
Homecare
Others
By Component:
Head
Body
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Telepresence Robot Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors