Telepresence Robot Market is driven by low cost of telepresence robot, demand from healthcare & homecare and efficiency & high accuracy of telepresence robot is rising estimated value from USD 149.8 million in 2018 to an estimated value of USD 481.03million by 2026, registering a CAGR of 15.7% in the forecast period of 2019-2026.
A telepresence robot is the electronic device having wheels and controlled by remote which has wireless internet connectivity. In others worlds, it is device used for video communication. The device can also controlled by tablets, computers or smartphones. Telepresence robot commonly called as skype on wheels.
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Major Market Competitors/Players: Global Telepresence Robot Market
Few of the major competitors currently working in telepresence robot market are Inbot Technology, Double Robotics Inc., Bossa Nova Robotics Suitable Technologies Inc., VGo Communications Inc, Mantaro Networks Inc.., InTouch Technologies Inc., Qihan Technology Co. Ltd., Anybots 2.0 Inc., Ava Robotics Inc., Camanio Care Inc., Xandex Inc., AXYN, OhmniLabs Inc., Xaxxon, Swivl Inc., HEASE ROBOTICS, Amy Robotics, Omron Corporation, , Fellow Inc., and iRobot Corporation.
Segmentation: Global Telepresence Robot Market
- By Component (Head, Body)
- By Interface (Hardware, Software)
- By Type (Stationery, Mobile)
- By Application (Education, Healthcare, Enterprise, Homecare, Others)
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Competitive Analysis: Global Telepresence Robot Market
Global telepresence robot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of telepresence robot market for global, Europe, North America, Asia Pacific and South America.
Market Drivers:
- The telepresence robot market growing rapidly due to its low cost.
- Rising demand from healthcare and homecare is expected to drive the market growth
- Efficiency and high accuracy of telepresence robot boosting the overall market of telepresence robot globally.
Market Restraints:
- High technical and operating complications in telepresence robot is expected to restrain the market growth
- High cost of telepresence robot is responsible for hampering the growth of the market
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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Related Reports:
Global Telepresence Robot Market was valued US$ 177.38 Mn in 2019 and is expected to reach US$ 618.62 Mn by 2027 at a CAGR of 16.9 %.This report provides a detailed analysis of the market segment based on component, type, application and region.
This report also focuses on the top players in North America, Asia Pacific, Europe, Middle East & Africa, and South America.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global telepresence robot market.The demand within the global telepresence robotics market has been increasing on account of the supremacy of these robots over other conventional robotic systems.
These robots are also called as motorised desktop robots or autonomous mobile robots and have gained traction from various industrial units.
Advancement in robotic technology and wide-level adoption from education to residential sectors are the major opportunities of the market.
Global Telepresence Robot Market was valued US$ 177.38 Mn in 2019 and is expected to reach US$ 618.62 Mn by 2027 at a CAGR of 16.9 %.This report provides a detailed analysis of the market segment based on component, type, application and region.
This report also focuses on the top players in North America, Asia Pacific, Europe, Middle East & Africa, and South America.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence.
The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global telepresence robot market.The demand within the global telepresence robotics market has been increasing on account of the supremacy of these robots over other conventional robotic systems.
These robots are also called as motorised desktop robots or autonomous mobile robots and have gained traction from various industrial units.
Advancement in robotic technology and wide-level adoption from education to residential sectors are the major opportunities of the market.
According to the new market research report "Telepresence Robot Market by Component (Head Camera, Display, Speaker, and Microphone) and Body (Power Source and Sensor & Control system)), Type, Application (Education, Healthcare, Enterprise, and Homecare), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the telepresence robot market is estimated to grow from USD 145.8 million in 2018 to USD 312.6 million by 2023, at a CAGR of 16.5%.
The market is mainly driven by factors such as enhanced operational efficiency in enterprises due to the virtual meeting, high demand from the healthcare industry, and low cost due to the availability of supporting devices.
Ask for PDF @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=146812674 Telepresence Robot Market for mobile telepresence robots to grow at higher CAGR during forecast period The market for mobile telepresence robots is expected to grow at a higher CAGR from 2018 to 2023.
The application of stationary telepresence is limited only to particular areas as these robots are used mainly for training purposes in almost every vertical.
Enterprise application held largest share of telepresence robot market in 2017 The enterprise segment accounted for the largest share of the overall telepresence robot market, based on application, in 2017.
The large share of this application attributes to the growing use of telepresence robots for interactive and productive business meetings in enterprises with separated participants from different locations.
