Social Robot Market Share

North American Market Forecast

Social robots market in North America is predicted to account for the largest share of 42% by 2037 impelled by the shift in consumer behavior towards automation and digitalization, coupled with advancement in technologies in the region. Moreover, the growth in advanced technologies such as Artificial Intelligence, Augmented Reality, and others, are estimated to boost the regional market growth. For instance, around 30% of US workers are exposed to automation-related uses of cutting-edge technologies. Particularly, in the year 2030, more than 25% of American work hours could be automated owing to the rapid use of artificial intelligence.

APAC Market Statistics

The Asia Pacific social robots market is estimated to be the second largest, during the forecast timeframe led by the growing government initiatives to promote the production of robotsics. For instance, to integrate robotss into every area and sector, the state government, in collaboration with the All-India Robotss Association (AIRA), launched Har Vibhag Mein Robotsics to promote robotsics, establish a top-notch robotsics ecosystem, and establish India as a global center for robotsics manufacturing.