The Artificial Intelligence (AI) Robots Market Is Expected

Jersey City, New Jersey, Sept. 22, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently released a report, “Artificial Intelligence (AI) Robots Market“By type of robot (service robots, industrial robots), by technology (natural language processing, machine learning), by end-use sector (military and defense, public relations) and by geography.

The Artificial Intelligence (AI) Robots Market size was valued at USD 4.1 Billion in 2020 and is projected to reach USD 28.5 Billion by 2028, growing at a CAGR of 27.2% from 2021 to 2028, according to the most recent study by Verified Market Research.

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202 – Pages

126 – Tables

37 – Numbers

Report scope

Global Artificial Intelligence (AI) Robots Market Overview

Key factors such as high adoption of robots for personal use like companionship and entertainment and support from governments across the globe to develop trendy technologies are expected to drive the global artificial intelligence (AI) robots market during of the forecast period. On the contrary, the reluctance to adopt new technologies along with the absence of standardized rules to stop the risks of networked and autonomous robots can be several of the major factors restraining the growth of this market in the coming years. AI robots are extremely technical and advanced and require special training and good professionals to operate these robots in various locations.

However, the lack of skills and experience among professionals regarding the functioning and operations of AI robots will limit the adoption of these robots in various business fields. Moreover, the absence of correct rules in this sector would limit its demand worldwide. Companies in industries where labor prices are the best are gradually adopting AI robots. companies in specialized fields that require top-notch talent should adopt AI-integrated bots. The emergence of recent tools for big information analysis is further expected to help promote the growth of AI in robots in the future.

Key developments

  • In May 2020, Hanson Robotics and CereProc collaborated on an innovative AI project, Sophia. Sophia, using CereProc’s TTS singing system, is the first robot to sing a duet with a human on The Tonight Show, Starring Jimmy Fallon. This collaborative AI project gives Sophia an improved synthetic voice based on AI, with the ability to deliver more dramatic and entertaining performances in real time while allowing her to express humor, suspense, excitement and the odd cheeky remark.

Key players

The “Global Artificial Intelligence (AI) Robots Market” research report will provide valuable insight with a focus on the global market. The main market players are

  • Intel (US)
  • IBM (US)
  • Microsoft (US)
  • Xilinx (USA)
  • Alphabet (US)
  • Softbank (Japan)
  • Hanson Robotics (China)
  • Amazon (USA)
  • Blue Frog Robotics (France)
  • Promobot (Russia)
  • AIBrain (USA)

Based on the research, Verified Market Research has segmented the global Artificial Intelligence (AI) robots market into components, applications, and geographies.

  • Artificial Intelligence (AI) Robots Market, By Component
    • Electronic control unit
    • Sensors
    • Live devices
    • Others
  • Artificial Intelligence (AI) Robots Market, By Application
    • ads
    • Infotainment
    • Body electronics
    • Security systems
    • Powertrain
  • Artificial Intelligence (AI) Robots Market, By Geography
    • North America
    • Europe
      • Germany
      • France
      • UK
      • The rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • LINE
      • Middle East and Africa
      • Latin America

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