Global Social Robots Market 2025-2029

Social Robots Market 2025-2029

The social robots market is forecasted to grow by USD 20358.8 mn during 2024-2029, accelerating at a CAGR of 43.5% during the forecast period. The report on the social robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological advances in social robots, increasing government support for development of advanced social robots, and preference for robots over traditional security methods.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's social robots market is segmented as below:

By Component

• Hardware
• Software
• Services

By End-user

• Healthcare
• Media and entertainment
• Education
• Retail
• Others

By Technology

• Machine learning
• Computer vision
• Context awareness
• Natural language processing

By Mobility Type

• Mobile robots
• Fixed robots

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the increasing focus on enhancing battery life as one of the prime reasons driving the social robots market growth during the next few years. Also, rising number adoption of social robots in hospitality industry and iot integration in robots will lead to sizable demand in the market.

The report on the social robots market covers the following areas:

• Social Robots Market sizing
• Social Robots Market forecast
• Social Robots Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading social robots market vendors that include Aethon Inc., Aldebaran, BLUE FROG ROBOTICS SAS, Boston Dynamics Inc., Diligent Robotics Inc., Engineered Arts Ltd., Furhat Robotics AB, Haapie SAS, Hitachi Ltd., Intuition Robotics Ltd., Knightscope Inc., Kompai Robotics, MOVIA Robotics Inc., Moxie Robot, Navel robotics GmbH, PAL Robotics, Relay Robotics Inc., Toyota Motor Corp., UBTECH Robotics Inc., and Yukai Engineering Inc.. Also, the social robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.