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Global Telepresence Robots Market to Garner USD 0.3 BN by 2032, with 16.2% CAGR from 2023 to 2032

Dec 12, 2023 7:00 PM ET

Global Telepresence Robots Market to Garner USD 0.3 BN by 2032, with 16.2% CAGR from 2023 to 2032

Telepresence Robots Market Insights

The global telepresence robots market is likely to witness significant gains. The increasing adoption of telepresence robots in the travel & tourism, and hospitality sectors would drive the market growth. Market Research Future (MRFR) states that the global telepresence robots market value is poised to escalate from USD 0.1 BN in 2022 to USD 0.3 BN by 2032, registering a 16.2% CAGR throughout the review period (2023-2032).

Besides, the use of telepresence robots in the connected healthcare space to expand sales reach, customer experience, and education processes allows the market to garner significant prominence. With rising uses of healthcare-connected products and services among large hospitals and healthcare systems, the market is expected to witness tremendous traction in future years. 

Telepresence robots allow remote customer services and prospects to experience physical products and monitor supporting content in various formats in a wide-ranging, immersive way. Telepresence robots can bring in existing equipment and additional screens to expand perspectives, allowing the use of multiple video conferencing platforms.

Telecommunications giants like T-Mobile & Cisco and IT service providers use telepresence robots to enable enterprise-level hybrid work. Telepresence robotics would be used to automatically maintain data centers, making progress toward intelligent agents, such as metaverse, augmented reality, and virtual reality. 

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Major Players 

Leading telepresence robots market Players are

  • AXYN Robotique,
  • AMY Robotics,
  • MantaroBot,
  • Double Robotics,
  • Suitable Technologies,
  • VGo Communications,
  • Xandex,
  • Anybots Collaborate i/o,
  • Adept MobileRobots,
  • SuperDroid Robots,
  • Ava Robotics,
  • Orbis Robotics,
  • Endurance,
  • FutureRobot,
  • Giraff Technologies, and
  • Inbot Technology Ltd.

Global Telepresence Robots Market – Segments

The market report is segmented into types, components, end-users, and regions. The type segment is bifurcated into mobile and stationary telepresence robots. The component segment is bifurcated into speakers, displays, cameras, control systems, and others. The end-user segment is bifurcated into healthcare, education, manufacturing, medical, corporate, and others. By regions, the market is bifurcated into the Americas, Asia-Pacific, MEA, Europe, and the rest of the world.

Global Telepresence Robots Market – Regional Analysis

North America dominates the telepresence robots market. Factors such as the rising demand and high adoption of automation across industries drive market growth. Besides, the increasing demand for telepresence robots from the manufacturing and healthcare industries boosts the market shares. The presence of major robotics providers positively impacts the market progress. Due to their vast technological advances, the US and Canada account for sizable shares in the regional market.

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Global Telepresence Robots Market – Competitive Analysis 

This market appears highly competitive and fragmented, with several well-established players forming a competitive landscape. Players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and product/ technology launch to gain a larger competitive advantage in this market. 

Market players also focus on new product development initiatives and geographical expansion. The market is expected to witness relentless innovations and new product developments, eventually resulting in intense competition among the manufacturers.

Industry/ Innovation/ Related News

July 10, 2023 — launched a new demo room to allow anyone willing to test its telepresence robot. The room has two telepresence robots and a big screen explaining how to drive the robot. It also has a mirror to allow users to see themselves remotely on the remote screen. It is the first time in the telepresence industry that anybody can test drive and exclude themselves as a potential customer. 

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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