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Global Service Robotics Market Projected to Grow at CAGR of Over 20% by 2022
April 20, 2018 | Business WireEstimated reading time: Less than a minute
Global service robotics market is projected to grow at a CAGR of more than 20% by 2022, owing to surging investments and increasing demand for service robotics from defense, logistics and healthcare sectors.
Rising acceptance of humanoids, increasing adoption of personal robotics, and growing demand for telepresence & mobile service robotics are among the key factors expected to fuel the global service robotics market during forecast period.
Moreover, growing popularity of socially intelligent service robotics and highly advanced technology enabled service robotics is anticipated to result in generation of huge opportunities for global service robotics companies in the coming years.
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