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| Title | Social Robots Market Share, Global Size, Growth Opportunity and Forecast 2025-2033 |
|---|---|
| Category | Sciences --> Technology |
| Meta Keywords | Social Robots Market |
| Owner | Imarc |
| Description | |
| Market Overview The global social robots market reached a size of USD 5.6 Billion in 2024 and is projected to grow to USD 42.5 Billion by 2033. This expansion corresponds to a CAGR of 23.95% over the forecast period 2025-2033. Driven by advancements in AI and robotics, the market growth is supported by increasing demand for personalized companion devices and expanding applications in healthcare, education, and other industries. Study Assumption Years
Social Robots Market Key Takeaways
Sample Request Link: https://www.imarcgroup.com/social-robots-market/requestsample Market Growth Factors The global market for social robots is mostly fueled by the major breakthroughs brought about by the fusion of AI and robotics technology in the first place. These advances encompass natural language processing and the use of AI in extracting knowledge from large amounts of data and recognizing photographs and conducting analysis of the gestures and feelings of humans. The robots have thus become more intelligent and responsive to the extent that they are being accepted and adopted in large numbers; indeed, they can now realize more human-like and captivating interactions thus the progress in these AI sectors is going to make social robots even more sophisticated in terms of understanding the very subtle human feelings and situations just in the case of the broadening of their industrial integration. The healthcare and education sectors are the most significant and quickest ones to adopt social robots, which are given the roles of many things. In the healthcare sector, robots are companions and work with patients who are old and disabled, support children in therapy sessions, and also remind people when it is time to take their medicines. One of the reasons for this trend is that people in the healthcare profession are not enough and the patients' well-being through emotional support is one of the main robot roles in the healthcare sector. Robots in education can help with individualized tutoring, games, and even teaching techniques based on each student’s learning style, thus creating an engaging and fun learning experience. Increasing the number of applications in these sectors is the main reason for market growth. The incorporation of social robots into the smart home concept and various service sectors is another key factor driving their demand. These robots serve as personal facilitators and manage light, temperature, security, and entertainment devices via voice commands and pre-programmed routines. Besides, demographic shifts such as increasing number of elderlies and the lack of manpower in the healthcare sector are pushing the need for robots that will take over some tasks of the caregivers and assist the elderly. Moreover, the reduction in production costs due to technical innovations has led to a wider availability of social robots for companies and consumers, thus speeding up the growth of the market. Market Segmentation Breakup by Component:
Breakup by Technology:
Breakup by End Use Industry:
Regional Insights Asia Pacific dominates the social robots market, driven by large, fast-growing economies including China, Japan, South Korea, and Singapore. These countries emphasize technological innovation and invest heavily in robotics and AI research and development. Asia Pacific benefits from robust manufacturing capabilities and a cultural acceptance of robots as companions and assistants, especially in Japan. Aging populations in Japan and South Korea further stimulate demand in healthcare and elderly care contexts. The region’s growth is also fueled by rising disposable incomes and demand for personalized interactive experiences across education, customer service, and entertainment industries. Recent Developments & News Intuition Robotics Ltd. developed ElliQ, a digital care companion designed for older adults to foster personalized, interactive relationships influencing emotions and behaviors. In March 2023, SoftBank Robotics UK formed a strategic partnership with Bunzl Distribution Spain to accelerate the rollout of robotics solutions across sectors including healthcare and retail in Spain. Furhat Robotics AB acquired assets of US-based Misty Robotics to expedite development of advanced social robots. Key Players
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