Bloomington, Minnesota, United States
January 11, 2017 at 2:15 pm
Telepresence robotics is an emerging technology which is expected to become a multi-million dollar industry over the forecasted period (2016-2022). The global demand for telepresence robots is expected to reach $136.90 Million by 2022. The key drivers for this market include high demand from enterprises, healthcare, education, hospitality, and consumer and personal use applications. With continued decrease in price of robots and affordable related technologies such as smart phone/tablets, the demand is expected to remain high over the projected period. The industry is also witnessing major research and development programs happening across the world in the field of advanced and autonomous telepresence robots which are expected to gain popularity in the coming years, owing to their multi-purpose utility over a single use robot.