Global Social Robots Market 2021-2031

Bonafide Trust 06-10-2022 165 Pages
Region : Global Category : IT & Telecommunications IT Products & Services

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Global social robots market will reach $10,998.3 million by 2031, growing by 21.8% annually over 2021-2031, driven by the increasing requirement for automation and digitalization, the significant adoption of robots in the healthcare industry and public services, rapid technological advancements in artificial intelligence (AI), and the growing R&D investment including government supporting initiatives. Highlighted with 80 tables and 74 figures, this 165-page report “Global Social Robots Market 2021-2031 by Component (Hardware, Software, Services), Technology (ML, NLP, Computer Vision, Context Awareness, Others), Industry Vertical (Healthcare, Education, Media and Entertainment, Retail, BFSI, Others), and Region: Trend Forecast and Growth Opportunity” is based on acomprehensive research of the entire global social robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global social robots market in every aspect of the classification from perspectives of Component, Technology, Industry Vertical, and Region. Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Hardware • Software • Services o Managed Services o Professional Services Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Machine Learning (ML) • Natural Language Processing (NLP) • Computer Vision • Context Awareness • Other Technologies By Industry Verticals, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Healthcare • Education • Media and Entertainment • Retail Industry • BFSI • IT and Communication • Other Industry Verticals Geographically, the following regions together with the listed national/local markets are fully investigated: • North America (U.S., Canada, and Mexico) • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (UAE, Saudi Arabia, South Africa and Rest of MEA) For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Component, Technology, and Industry Vertical over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: AlterG Inc. Amy Robotics Co., Ltd. AoBo Information Technology Co., Ltd. Bionik Laboratories Corp. Blue Frog Robotics SAS Blue Ocean Robotics ApS BotsAndUs Ltd. Camanio AB Double Robotics Inc. Embodied Inc. Furhat Robotics AB Haapie SAS Hanson Robotics Ltd. Inrobics Social Robotics SLL Intuition Robotics Ltd. Kinova Inc. Knightscope Inc. KOMPAI Robotics Matia Robotics (US) Inc. Motorika USA Inc. MoviaRobotics Inc. OhmniLabs Inc. Reach Robotics Limited SoftBank Group Corp. Sony Group Corporation SZ DJI Technology Co., Ltd. UBTECH Robotics, Inc. Wonder Workshop Inc. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 9

1.2 Research Methodology 12

1.2.1 Overview of Market Research Methodology 12

1.2.2 Market Assumption 13

1.2.3 Secondary Data 13

1.2.4 Primary Data 13

1.2.5 Data Filtration and Model Design 14

1.2.6 Market Size/Share Estimation 15

1.2.7 Research Limitations 16

1.3 Executive Summary 17

2 Market Overview and Dynamics 19

2.1 Market Size and Forecast 19

2.1.1 Impact of COVID-19 on World Economy 21

2.1.2 Impact of COVID-19 on the Market 23

2.2 Major Growth Drivers 25

2.3 Market Restraints and Challenges 28

2.4 Emerging Opportunities and Market Trends 31

2.5 Porter’s Fiver Forces Analysis 35

3 Segmentation of Global Market by Component 39

3.1 Market Overview by Component 39

3.2 Hardware 41

3.3 Software 42

3.4 Services 43

3.4.1 Managed Services 44

3.4.2 Professional Services 45

4 Segmentation of Global Market by Technology 46

4.1 Market Overview by Technology 46

4.2 Machine Learning (ML) 48

4.3 Natural Language Processing (NLP) 49

4.4 Computer Vision 50

4.5 Context Awareness 51

4.6 Other Technologies 52

5 Segmentation of Global Market by Industry Vertical 53

5.1 Market Overview by Industry Vertical 53

5.2 Healthcare 55

5.3 Education 56

5.4 Media and Entertainment 57

5.5 Retail Industry 58

5.6 BFSI 59

5.7 IT and Communication 60

5.8 Other Industry Verticals 61

6 Segmentation of Global Market by Region 62

6.1 Geographic Market Overview 2021-2031 62

6.2 North America Market 2021-2031 by Country 66

6.2.1 Overview of North America Market 66

6.2.2 U.S. 70

6.2.3 Canada 73

6.2.4 Mexico 75

6.3 European Market 2021-2031 by Country 77

6.3.1 Overview of European Market 77

6.3.2 Germany 81

6.3.3 U.K. 83

6.3.4 France 85

6.3.5 Spain 87

6.3.6 Italy 89

6.3.7 Netherlands 91

6.3.8 Rest of European Market 93

6.4 Asia-Pacific Market 2021-2031 by Country 95

6.4.1 Overview of Asia-Pacific Market 95

6.4.2 Japan 99

6.4.3 China 102

6.4.4 Australia 104

6.4.5 India 106

6.4.6 South Korea 108

6.4.7 Rest of APAC Region 110

6.5 South America Market 2021-2031 by Country 112

6.5.1 Argentina 115

6.5.2 Brazil 117

6.5.3 Chile 119

6.5.4 Rest of South America Market 121

6.6 MEA Market 2021-2031 by Country 122

6.6.1 UAE 125

6.6.2 Saudi Arabia 127

6.6.3 South Africa 129

6.6.4 Other National Markets 131

7 Competitive Landscape 132

7.1 Overview of Key Vendors 132

7.2 New Product Launch, Partnership, Investment, and M&A 135

7.3 Company Profiles 136

AlterG Inc. 136

Amy Robotics Co., Ltd. 138

AoBo Information Technology Co., Ltd. 139

Bionik Laboratories Corp. 140

Blue Frog Robotics SAS 141

Blue Ocean Robotics ApS 142

BotsAndUs Ltd. 143

Camanio AB 144

Double Robotics Inc. 145

Embodied Inc. 146

Furhat Robotics AB 147

Haapie SAS 148

Hanson Robotics Ltd. 149

Inrobics Social Robotics SLL 150

Intuition Robotics Ltd. 151

Kinova Inc. 152

Knightscope Inc. 153

KOMPAI Robotics 154

Matia Robotics (US) Inc. 155

Motorika USA Inc. 156

MoviaRobotics Inc. 157

OhmniLabs Inc. 158

Reach Robotics Limited 159

SoftBank Group Corp. 160

Sony Group Corporation 161

SZ DJI Technology Co., Ltd. 162

UBTECH Robotics, Inc. 163

Wonder Workshop Inc. 164

RELATED REPORTS 165

List of Figures:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 17
Figure 4. Global Social Robots Market, 2021-2031, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Global Social Robots Market 25
Figure 7. Primary Restraints and Impact Factors of Global Social Robots Market 28
Figure 8. Investment Opportunity Analysis 32
Figure 9. Porter’s Fiver Forces Analysis of Global Social Robots Market 35
Figure 10. Breakdown of Global Social Robots Market by Component, 2021-2031, % of Revenue 40
Figure 11. Global Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 40
Figure 12. Global Social Robots Market by Component: Hardware, 2021-2031, $ mn 41
Figure 13. Global Social Robots Market by Component: Software, 2021-2031, $ mn 42
Figure 14. Global Social Robots Market by Component: Services, 2021-2031, $ mn 43
Figure 15. Global Social Robots Market by Services: Managed Services, 2021-2031, $ mn 44
Figure 16. Global Social Robots Market by Services: Professional Services, 2021-2031, $ mn 45
Figure 17. Breakdown of Global Social Robots Market by Technology, 2021-2031, % of Sales Revenue 47
Figure 18. Global Addressable Market Cap in 2022-2031 by Technology, Value ($ mn) and Share (%) 47
Figure 19. Global Social Robots Market by Technology: Machine Learning (ML), 2021-2031, $ mn 48
Figure 20. Global Social Robots Market by Technology: Natural Language Processing (NLP), 2021-2031, $ mn 49
Figure 21. Global Social Robots Market by Technology: Computer Vision, 2021-2031, $ mn 50
Figure 22. Global Social Robots Market by Technology: Context Awareness, 2021-2031, $ mn 51
Figure 23. Global Social Robots Market by Technology: Other Technologies, 2021-2031, $ mn 52
Figure 24. Breakdown of Global Social Robots Market by Industry Vertical, 2021-2031, % of Sales Revenue 54
Figure 25. Global Addressable Market Cap in 2022-2031 by Industry Vertical, Value ($ mn) and Share (%) 54
Figure 26. Global Social Robots Market by Industry Vertical: Healthcare, 2021-2031, $ mn 55
Figure 27. Global Social Robots Market by Industry Vertical: Education, 2021-2031, $ mn 56
Figure 28. Global Social Robots Market by Industry Vertical: Media and Entertainment, 2021-2031, $ mn 57
Figure 29. Global Social Robots Market by Industry Vertical: Retail Industry, 2021-2031, $ mn 58
Figure 30. Global Social Robots Market by Industry Vertical: BFSI, 2021-2031, $ mn 59
Figure 31. Global Social Robots Market by Industry Vertical: IT and Communication, 2021-2031, $ mn 60
Figure 32. Global Social Robots Market by Industry Vertical: Other Industry Verticals, 2021-2031, $ mn 61
Figure 33. Global Market Snapshot by Region 62
Figure 34. Geographic Spread of Worldwide Social Robots Market, 2021-2031, % of Sales Revenue 63
Figure 35. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%) 64
Figure 36. North American Social Robots Market, 2021-2031, $ mn 67
Figure 37. Breakdown of North America Social Robots Market by Country, 2021 and 2031, % of Revenue 68
Figure 38. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 69
Figure 39. U.S. Social Robots Market, 2021-2031, $ mn 71
Figure 40. Canada Social Robots Market, 2021-2031, $ mn 73
Figure 41. Social Robots Market in Mexico, 2021-2031, $ mn 75
Figure 42. European Social Robots Market, 2021-2031, $ mn 78
Figure 43. Breakdown of European Social Robots Market by Country, 2021 and 2031, % of Revenue 79
Figure 44. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 80
Figure 45. Social Robots Market in Germany, 2021-2031, $ mn 81
Figure 46. Social Robots Market in U.K., 2021-2031, $ mn 83
Figure 47. Social Robots Market in France, 2021-2031, $ mn 85
Figure 48. Social Robots Market in Spain, 2021-2031, $ mn 87
Figure 49. Social Robots Market in Italy, 2021-2031, $ mn 89
Figure 50. Social Robots Market in Netherlands, 2021-2031, $ mn 91
Figure 51. Social Robots Market in Rest of Europe, 2021-2031, $ mn 93
Figure 52. Asia-Pacific Social Robots Market, 2021-2031, $ mn 96
Figure 53. Breakdown of APAC Social Robots Market by Country, 2021 and 2031, % of Revenue 96
Figure 54. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 98
Figure 55. Social Robots Market in Japan, 2021-2031, $ mn 100
Figure 56. Social Robots Market in China, 2021-2031, $ mn 102
Figure 57. Social Robots Market in Australia, 2021-2031, $ mn 104
Figure 58. Social Robots Market in India, 2021-2031, $ mn 106
Figure 59. Social Robots Market in South Korea, 2021-2031, $ mn 108
Figure 60. Social Robots Market in Rest of APAC, 2021-2031, $ mn 110
Figure 61. South America Social Robots Market, 2021-2031, $ mn 113
Figure 62. Breakdown of South America Social Robots Market by Country, 2021 and 2031, % of Revenue 113
Figure 63. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 114
Figure 64. Social Robots Market in Argentina, 2021-2031, $ mn 115
Figure 65. Social Robots Market in Brazil, 2021-2031, $ mn 117
Figure 66. Social Robots Market in Chile, 2021-2031, $ mn 119
Figure 67. Social Robots Market in Rest of South America, 2021-2031, $ mn 121
Figure 68. Social Robots Market in Middle East and Africa (MEA), 2021-2031, $ mn 123
Figure 69. Breakdown of MEA Social Robots Market by Country, 2021 and 2031, % of Revenue 123
Figure 70. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 124
Figure 71. Social Robots Market in UAE, 2021-2031, $ mn 125
Figure 72. Social Robots Market in Saudi Arabia, 2021-2031, $ mn 127
Figure 73. Social Robots Market in South Africa, 2021-2031, $ mn 129
Figure 74. Growth Stage of Global Social Robots Industry over the Forecast Period 132

List of Tables:

Table 1. Snapshot of Global Social Robots Market in Balanced Perspective, 2021-2031 18
Table 2. Sales Volume of World Social & Entertainment Robots, million units, 2020-2031 20
Table 3. World Economic Outlook, 2021-2031 22
Table 4. Main Product Trends and Market Opportunities in Global Social Robots Market 31
Table 5. Global Social Robots Market by Component, 2021-2031, $ mn 39
Table 6. Global Social Robots Market: Services by Type, 2021-2031, $ mn 43
Table 7. Global Social Robots Market by Technology, 2021-2031, $ mn 46
Table 8. Global Social Robots Market by Industry Vertical, 2021-2031, $ mn 53
Table 9. Global Social Robots Market by Region, 2021-2031, $ mn 63
Table 10. Leading National Social Robots Market, 2021 and 2031, $ mn 65
Table 11. North America Social Robots Market by Country, 2021-2031, $ mn 68
Table 12. U.S. Social Robots Market by Component, 2021-2031, $ mn 72
Table 13. U.S. Social Robots Market by Technology, 2021-2031, $ mn 72
Table 14. U.S. Social Robots Market by Industry Vertical, 2021-2031, $ mn 72
Table 15. Canada Social Robots Market by Component, 2021-2031, $ mn 74
Table 16. Canada Social Robots Market by Technology, 2021-2031, $ mn 74
Table 17. Canada Social Robots Market by Industry Vertical, 2021-2031, $ mn 74
Table 18. Mexico Social Robots Market by Component, 2021-2031, $ mn 76
Table 19. Mexico Social Robots Market by Technology, 2021-2031, $ mn 76
Table 20. Mexico Social Robots Market by Industry Vertical, 2021-2031, $ mn 76
Table 21. Europe Social Robots Market by Country, 2021-2031, $ mn 80
Table 22. Germany Social Robots Market by Component, 2021-2031, $ mn 82
Table 23. Germany Social Robots Market by Technology, 2021-2031, $ mn 82
Table 24. Germany Social Robots Market by Industry Vertical, 2021-2031, $ mn 82
Table 25. U.K. Social Robots Market by Component, 2021-2031, $ mn 84
Table 26. U.K. Social Robots Market by Technology, 2021-2031, $ mn 84
Table 27. U.K. Social Robots Market by Industry Vertical, 2021-2031, $ mn 84
Table 28. France Social Robots Market by Component, 2021-2031, $ mn 86
Table 29. France Social Robots Market by Technology, 2021-2031, $ mn 86
Table 30. France Social Robots Market by Industry Vertical, 2021-2031, $ mn 86
Table 31. Spain Social Robots Market by Component, 2021-2031, $ mn 88
Table 32. Spain Social Robots Market by Technology, 2021-2031, $ mn 88
Table 33. Spain Social Robots Market by Industry Vertical, 2021-2031, $ mn 88
Table 34. Italy Social Robots Market by Component, 2021-2031, $ mn 90
Table 35. Italy Social Robots Market by Technology, 2021-2031, $ mn 90
Table 36. Italy Social Robots Market by Industry Vertical, 2021-2031, $ mn 90
Table 37. Netherlands Social Robots Market by Component, 2021-2031, $ mn 92
Table 38. Netherlands Social Robots Market by Technology, 2021-2031, $ mn 92
Table 39. Netherlands Social Robots Market by Industry Vertical, 2021-2031, $ mn 92
Table 40. Social Robots Market in Rest of Europe by Country, 2021-2031, $ mn 94
Table 41. APAC Social Robots Market by Country, 2021-2031, $ mn 97
Table 42. Japan Social Robots Market by Component, 2021-2031, $ mn 101
Table 43. Japan Social Robots Market by Technology, 2021-2031, $ mn 101
Table 44. Japan Social Robots Market by Industry Vertical, 2021-2031, $ mn 101
Table 45. China Social Robots Market by Component, 2021-2031, $ mn 103
Table 46. China Social Robots Market by Technology, 2021-2031, $ mn 103
Table 47. China Social Robots Market by Industry Vertical, 2021-2031, $ mn 103
Table 48. Australia Social Robots Market by Component, 2021-2031, $ mn 105
Table 49. Australia Social Robots Market by Technology, 2021-2031, $ mn 105
Table 50. Australia Social Robots Market by Industry Vertical, 2021-2031, $ mn 105
Table 51. India Social Robots Market by Component, 2021-2031, $ mn 107
Table 52. India Social Robots Market by Technology, 2021-2031, $ mn 107
Table 53. India Social Robots Market by Industry Vertical, 2021-2031, $ mn 107
Table 54. South Korea Social Robots Market by Component, 2021-2031, $ mn 109
Table 55. South Korea Social Robots Market by Technology, 2021-2031, $ mn 109
Table 56. South Korea Social Robots Market by Industry Vertical, 2021-2031, $ mn 109
Table 57. Social Robots Market in Rest of APAC by Country/Region, 2021-2031, $ mn 111
Table 58. South America Social Robots Market by Country, 2021-2031, $ mn 114
Table 59. Argentina Social Robots Market by Component, 2021-2031, $ mn 116
Table 60. Argentina Social Robots Market by Technology, 2021-2031, $ mn 116
Table 61. Argentina Social Robots Market by Industry Vertical, 2021-2031, $ mn 116
Table 62. Brazil Social Robots Market by Component, 2021-2031, $ mn 118
Table 63. Brazil Social Robots Market by Technology, 2021-2031, $ mn 118
Table 64. Brazil Social Robots Market by Industry Vertical, 2021-2031, $ mn 118
Table 65. Chile Social Robots Market by Component, 2021-2031, $ mn 120
Table 66. Chile Social Robots Market by Technology, 2021-2031, $ mn 120
Table 67. Chile Social Robots Market by Industry Vertical, 2021-2031, $ mn 120
Table 68. MEA Social Robots Market by Country, 2021-2031, $ mn 124
Table 69. UAE Social Robots Market by Component, 2021-2031, $ mn 126
Table 70. UAE Social Robots Market by Technology, 2021-2031, $ mn 126
Table 71. UAE Social Robots Market by Industry Vertical, 2021-2031, $ mn 126
Table 72. Saudi Arabia Social Robots Market by Component, 2021-2031, $ mn 128
Table 73. Saudi Arabia Social Robots Market by Technology, 2021-2031, $ mn 128
Table 74. Saudi Arabia Social Robots Market by Industry Vertical, 2021-2031, $ mn 128
Table 75. South Africa Social Robots Market by Component, 2021-2031, $ mn 130
Table 76. South Africa Social Robots Market by Technology, 2021-2031, $ mn 130
Table 77. South Africa Social Robots Market by Industry Vertical, 2021-2031, $ mn 130
Table 78. AlterG Inc.: Company Snapshot 136
Table 79. AlterG Inc.: Business Segmentation 137
Table 80. AlterG Inc.: Product Portfolio 137

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Global Social Robots Market 2021-2031

Global Social Robots Market 2021-2031